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The primary objective of the program is to educate students such that they will be able to understand analytical and administrative methods in insurance industry and will be able to conduct original and applied research in the areas of risk analysis, risk management, insurance and actuarial by achieving proper background to utilize actuarial techniques.
To see the course details (such as objectives, learning outcomes, content, assessment and ECTS workload), click the relevant Course Code given in the table below.
1. Year Fall Semester | ||||||
Code | Pre. | Course Name | Theory | Application/Laboratory | Local Credits | ECTS |
FIN 551 | Insurance Management | 3 | 0 | 3 | 7.5 | |
INS 501 | Insurance Mathematics I: General Insurance | 3 | 0 | 3 | 7.5 | |
ITF 507 | Corporate Financial Management | 3 | 0 | 3 | 7.5 | |
STAT 503 | Probability Theory | 3 | 0 | 3 | 7.5 | |
Total : | 30 |
1. Year Spring Semester | ||||||
Code | Pre. | Course Name | Theory | Application/Laboratory | Local Credits | ECTS |
ELEC 001 | Elective Course I | 3 | 0 | 3 | 7.5 | |
ELEC 002 | Elective Course II | 3 | 0 | 3 | 7.5 | |
INS 595 | Seminar | 0 | 0 | 0 | 7.5 | |
STAT 551 | Actuaria | 3 | 0 | 3 | 7.5 | |
Total : | 30 |
2. Year Fall Semester | ||||||
Code | Pre. | Course Name | Theory | Application/Laboratory | Local Credits | ECTS |
INS 599 | Master Thesis | 0 | 0 | 0 | 30 | |
Total : | 30 |
Elective Courses | ||||||
Code | Pre. | Course Name | Theory | Application/Laboratory | Local Credits | ECTS |
ECON 516 | Economics of Risk and Institutional Risk | 3 | 0 | 3 | 7.5 | |
FIN 552 | Financial Modeling | 3 | 0 | 3 | 7.5 | |
INS 551 | Advanced Actuarial Mathematics | 3 | 0 | 3 | 7.5 | |
INS 552 | Applied Actuarial Management | 3 | 0 | 3 | 7.5 | |
STAT 501 | Theory of Statistics | 3 | 0 | 3 | 7.5 | |
STAT 555 | Risk Analysis | 3 | 0 | 3 | 7.5 |
The students studying in this second cycle program with thesis are required:
to take a minimum of 7 courses with a minimum of 21 local credits, one seminar course, and a thesis. (The seminar and thesis are non-credit and graded on a pass/fail basis.)
to succeed in all the courses with a letter grade of at least CC/S
to have a Cumulative Grade Point Average of at least 3.00/4.00 with a minimum of 120 ECTS credits.
A-2-FOREIGN NATIONALS:
To hold an Undergraduate Degree Diploma from a (4 year) higher education institution that is recognized by the Higher Education Board, (To graduate from undergraduate program of Department of Psychology to apply for Experimental Psychology master program, to graduate from Faculty of Law for Special Law master program)
To be exempt from foreign language proficiency, students need to meet the below requirements:
To be graduated from a higher education program in which the medium of instruction is the same language as in the master program applied for within three years following their graduation,
To obtain the scores in the exams specified below, or obtain an equivalent score in the internationally recognized foreign language exams that are deemed equivalent to the exams specified below by the Higher Education Board.
Type of Exam |
Score |
KPDS ( Public Personnel Language Exam ) |
70 |
UDS ( Interuniversity Foreign Language Exam ) |
70 |
YDS (Foreign Language Placement Exam) |
70 |
IYS (IUE Proficiency in English Exam) |
70 |