Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
2BSF106Mathematics of Banking and Insurance3+0+034

 
Course Details
Language of Instruction Turkish
Level of Course Unit Associate Degree
Department / Program Banking and Insurance Business
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course Understand and interpret simple mathematical and statistical operations
Course Content Simple Interest, Compound Interest, Future Value and Present Value Concepts, Annuity Calculations, Securities Mathematics, Life Insurance, Mortality Table
Course Methods and Techniques The final exam also includes the topics covered before the midterm exam.
Prerequisites and co-requisities None
Course Coordinator Asist Prof. Ergül BALLI ergul.balli@gedik.edu.tr
Name of Lecturers Asist Prof. Ergül BALLI ergul.balli@gedik.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Dilek, Serkan, Finans ve Sigorta Matematiği, İstanbul: Beta Yayınları, 2019.
Aydın, Nurhan, Finans Matematiği, İstanbul: Detay Yayıncılık, 2021.
Lecture notes of Dr. Ergül BALLI
Aydın Nurhan ve Başar Mehmet, Finans Matematiği, Eskişehir: Anadolu Üniversitesi Açıköğretim Fakültesi Yayınları, 2013.
Lecturing with sample question solutions
Arasınav, Ödev, Yarıyılsonu Sınavı

Course Category
Mathematics and Basic Sciences %70
Field %30

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 30
Assignment 2 % 20
Final examination 1 % 50
Total
4
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 1 14
Assignments 2 5 10
Mid-terms 1 15 15
Final examination 1 25 25
Total Work Load   Number of ECTS Credits 4 106

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Ability to make judgments regarding profit-loss programming
2 Ability to make judgments about interest transactions
3 Ability to make judgments about discount transactions
4 Ability to interpret probability calculations regarding life insurance

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Basic Mathematical Processes
2 Percengate Problems
3 Ratios-Proportion Calculations
4 Ration-Proportion Calculations
5 Loss-Profit Calculations
6 Loss-Profit Calculations
7 Average Calculations
8 Simple Interest Calculations
9 Present Value and Future Value
10 Simple Discount Calculations
11 Compound Interest Calculations
12 Real Interest, Nominal Interest, Effective Interest
13 Compound Discount Calculations
14 Life Insurance and Mortality

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12 P13 P14
C1 5 5 4 5
C2 5 5 4 2 5
C3 5 5 4 2 5
C4 5 5 4 2 5 3

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  https://obs.gedik.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=243158&curProgID=59&lang=en