Information Package

Program of Insurance and Risk Management

TBF329

RISK ENGINEERING

Course Code
TBF329
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Explain the concept of risk.
  2. Know the areas of risk in engineering.
  3. Conduct risk analysis and evaluation.
  4. Understand strategic risk management techniques.
  5. Design a risk management system.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course covers a variety of topics, including the definition of risk, risk assessment techniques, risk control methods, and complex decision-making methods related to objectives, timing, costs, and opportunity cost risks. The course also covers strategic risk management techniques in various business areas.
Course Contents
WEEK TOPICS
1st Week Concept of risk and analytical definition of risk
2nd Week Concept of risk and analytical definition of risk
3rd Week Areas and characteristics of risk management
4th Week Areas and characteristics of risk management
5th Week Risk assessment techniques, methods, and evaluation tools
6th Week Risk assessment techniques, methods, and evaluation tools
7th Week Economic and financial risks, human-related risks
8th Week Midterm exam
9th Week Risk control methods, risk planning, risk rating, and prioritization
10th Week Complex decision-making methods related to objectives, timing, costs, and opportunity cost risks
11th Week Complex decision-making methods related to objectives, timing, costs, and opportunity cost risks
12th Week Strategic risk management techniques applied in different business areas
13th Week Strategic risk management techniques applied in different business areas
14th Week General review
Recommended or Required ReadingKırkbeşoğlu, E. (2015). Risk yönetimi ve sigortacılık. Gazi Kitabevi.

Alexander, C. (1997). The handbook of risk management and analysis. Wiley.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz
Individual or group work 14 3 42
Preparation for Final exam 1 40 40
Course hours 13 3 39
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load143
Total Work Load / 30 (h)4.76
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5
K1 X X
K2
K3
K4 X X X
K5 X
K6 X X X
K7
K8
K9
K10
K11
K12