The Actuarial Science Undergraduate Program, offered under the Eastern Mediterranean University (EMU) Faculty of Arts and Sciences, Department of Mathematics and carried out jointly by Departments of Mathematics and Banking and Finance, continues its development in cooperation with the insurance sector. Recently, EMU Faculty of Arts and Sciences Dean Prof. Dr. Mehmet Ali Özarslan, Vice Dean of Faculty of Business and Economics Prof. Dr. Mustafa Ismihan and Chair of Banking and Finance Department Prof. Dr. Nesrin Özataç paid a visit to the Turkish Republic of Northern Cyprus (TRNC) Insurance and Reassurance Companies Association.
Prof. Dr. Özarslan Made a Presentation
At the said visit, Association President Raif Çukurovalı, Vice President Börte Barlasoğlu, Board Members Kutlu Yorucu, Zafer Dalka, Secretary General İbrahim Kavçın and Deputy Secretary Halide Devir Fıratlı were present. President of the said association Raif Çukurovalı expressed his satisfaction with the visit and gave information about the latest situation of the TRNC insurance sector. EMU Faculty of Arts and Sciences Dean Prof. Dr. Mehmet Ali Özarslan made a presentation about the Actuarial Program at the meeting.
Further Collaboration to be Established
At the meeting, the existing cooperation issues within the framework of the existing protocol between EMU and the TRNC Insurance and Reassurance Companies Association were discussed and decisions were made to further develop the cooperation. In the agenda of the meeting, which was very productive, the issue of enactment of the Actuarial by-law was also discussed. The parties decided to hold a meeting at EMU in October to strengthen their cooperation.
Unique in TRNC
The Actuarial Science Program offered by EMU Faculty of Arts and Sciences is the only Actuarial Science Program in the TRNC to have been approved by the Council of Higher Education (YÖK). The Actuarial Science Program demonstrates its strength both in terms of quality and quantity, as it is also the only program that provides education in English, including the universities of Turkey. At the same time, students studying in related departments in the scope of the partnership of EMU Mathematics Department and Banking and Finance Departments also have the opportunity to receive a Double Major diploma by studying in Actuarial Sciences - Finance and Banking Double Major Program or Actuarial Sciences - Mathematics and Computer Sciences Double Major programs.
During the present day, when Actuarial Science is continuously gaining more and more importance around the world, EMU continues to strengthen its academic staff with the leading faculty members of the field. Establishing a workshop in the near future in line with the aim of furthering the cooperation between the Academy and the Insurance sector was also among the points targeted at the meeting.