Banking and Insurance Program

Department Introduction

Banks and insurance companies are the most important financial institutions of modern free market economies. These institutions not only offer a wide range of services in their respective fields but also fulfil a social function by providing the financing needed by companies.

The department consists of two fields: banking and insurance. Banks are basically institutions that collect deposits and provide loans. In addition, they also perform tasks such as making money transfers, issuing letters of guarantee, opening letters of credit and providing foreign trade financing, performing foreign exchange transactions; and managing portfolios. Today, banks have begun to perform transactions such as options, swaps and future transactions. Banks are also divided into different types, such as trade, investment and development banks, according to the work they do. We know that international banking also plays a very important role in the globalization process. A banker is a professional who has knowledge and expertise about these transactions.

Insurance companies provide insurance to their customers in many different areas: in our daily lives, we know that there are many types of insurance such as health, life, traffic, earthquake, agriculture, natural disaster, accident, etc. Insurance companies operate within an international hierarchical structure through reinsurance practices, giving them an international dimension. An insurance professional is an individual who possesses knowledge and expertise regarding all insurance processes and services. The department's curriculum includes common courses required for both banking and insurance. Specialization in only one of the two areas will be achieved through elective courses determined starting from the third year.

The Purpose and Objectives of the Program

The Banking and Insurance Associate’s Degree Program aims to enhance and update the knowledge of individuals working in the banking and insurance sectors, prepare those considering a career in these fields, and provide knowledge to those who, while not planning to work in these sectors, are employed in various institutions with close relations to banks and insurance companies.

Post-Graduation Career Areas

In addition to knowledge related to business disciplines, students also acquire fundamental knowledge specific to Banking and Insurance. As a result, they will have the opportunity to advance to higher management positions over time, based on their achievements and personal development. The language of education of the program is Turkish.

In the program, offered formal, the students can work in different departments of banks such as treasury, individual transactions, operations, insurance companies or insurance agencies during the internship period. They can be employed in these fields when they graduate.

Vertical and Horizontal Transfer Opportunities

Actuary

 Actuarial Sciences

Actuarial and Risk Management

Banking

Banking and Finance

Banking and Insurance

Econometrics

Economics

Economics and Finance

Economy

Business

Business Informatics

Business Management

Business-Economics

Logistics Management

Capital market

Capital Markets and Portfolio Management

Insurance

Insurance and Risk Management

Insurance and Social Security

International Finance

International Finance and Banking

International Business

International Business and Trade

International Trade

International Trade and Finance

International Trade and Business

International Trade and Logistics

International Trade and Logistics Management