| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Know what risk is and how it is measured
- Know the sources of risk for individuals and companies
- Apply risk management techniques and manage the risk of liabilities and assets
- Know how to use financial derivatives in risk management
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | Man418 Derivative Markets |
|---|
| Course Description | Risk management includes the process by which financial risks are identified, assessed, measured, and managed in order to create economic value. This course covers the underlying theory, practical applications, and modern developments in the area of financial risk management. The style of instruction is centered on analytical methods and project work but will also include lectures and discussions.
Students who miss more than 30% of total class hours receive an F2 grade. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction to the course |
|
2nd Week |
Risk and Risk Management |
|
3rd Week |
Risk Measurement and Pooling |
|
4th Week |
Pooling and Diversification |
|
5th Week |
Insurance Pricing |
|
6th Week |
Demand for Risk Management (Utility Theory) |
|
7th Week |
Midterm |
|
8th Week |
Risk Management and Shareholders |
|
9th Week |
Corporate Liability |
|
10th Week |
Financial Risk Management |
|
11th Week |
Case Study |
|
12th Week |
The Greek Letters |
|
13th Week |
Case Study |
|
14th Week |
Case Study (continued) |
|
| Recommended or Required Reading | Harrington and Niehaus (2009); Risk Management and Insurance (2nd Edition) |
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| 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 |
1.5 |
1.5 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
1 |
50 |
50 |
| Preparation for Final exam |
1 |
18 |
18 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
18 |
18 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1.5 |
1.5 |
| Homework |
|
|
|
| Project |
1 |
20 |
20 |
| Total Work Load | 151 |
| Total Work Load / 30 (h) | 5.03 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
