| Course Type | Elective Course |
|---|
| Course Level | Master's Degree With Thesis |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 10 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Introduce various securities and the markets they trade in
- Observe investment regulations and related ethics and professional conduct
- Evaluate the theories and evidence for and against the efficient market hypothesis
- Describe important concepts in portfolio management such as diversification and efficient frontier
- Explain risk and return relationship in terms of the Capital Asset Pricing Model (CAPM) and the Arbitrage Pricing Theory (APT)
- Evaluate bonds and stocks with discounted cashflow and other models
- Demonstrate the techniques for bond and stock portfolio management
- Compute and interpret various portfolio performance measures
- Depict the basic features of futures and options
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | MAN516 International Finance |
|---|
| Course Description | An understanding of the mechanics of the securities market, investment institutions, security selection, analysis, and the formation of a portfolio. Analysis of selected securities (treasury bills, bonds, and stocks) and additional readings in selected portfolio management theories. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction to the course |
|
2nd Week |
Buying and Selling Securities |
|
3rd Week |
Security Markets |
|
4th Week |
Efficient Markets |
|
5th Week |
The Portfolio Selection Problem |
|
6th Week |
Portfolio Analysis |
|
7th Week |
Riskfree Landing and Borrowing |
|
8th Week |
Mid-term examination |
|
9th Week |
The Capital Assets Pricing Model |
|
10th Week |
Factor Models |
|
11th Week |
Arbitrage Pricing Theory |
|
12th Week |
Fundamentals of Bond Valuation |
|
13th Week |
Bond Analysis |
|
14th Week |
Options and Futures |
|
15th Week |
General Review |
|
| Recommended or Required Reading | Alexander, G.J., Sharpe W.F., Bailey J.V., (2001). Fundamentals of Investments. 3. basım. Prentice Hall. |
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
30 |
| Project |
1 |
30 |
| Total(%) |
|
60 |
| Contribution of In-term Studies to Overall Grade(%) |
|
60 |
| Contribution of Final Examination to Overall Grade(%) |
|
40 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
3 |
3 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
100 |
100 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
90 |
90 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
3 |
3 |
| Homework |
|
|
|
| Project |
1 |
35 |
35 |
| Total Work Load | 315 |
| Total Work Load / 30 (h) | 10.5 |
| ECTS Credit of the Course | 10 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
