| 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;
- Compare the derivative products used in financial risk management.
- Understand the functioning of these derivative products (futures contracts, options contracts, and swap transactions) and how they are utilized.
- Learn how the prices of tools used in risk management are determined and explain the factors influencing these prices.
- Grasp how financial institutions using these products can avoid risks encountered in business (such as currency risk, interest rate risk, etc.).
- Apply strategies that can be developed with derivative products in future business operations.
- Gain knowledge about the portfolio management game conducted on the manmade trading platform.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course focuses on derivatives and derivative markets. Students will gain theoretical knowledge about derivative markets, transactions, and applications, along with an introduction to tools used in practice. By the end of the course, students will understand the growing importance of derivative products and markets in banking services. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
General information on derivative markets |
|
2nd Week |
Futures markets |
|
3rd Week |
Commodity futures |
|
4th Week |
Financial futures |
|
5th Week |
Options markets |
|
6th Week |
Financial options |
|
7th Week |
Over-the-counter derivatives |
|
8th Week |
Midterm exam |
|
9th Week |
Swap transactions |
|
10th Week |
Hybrid derivatives |
|
11th Week |
Risk transfer and speculation with derivative products |
|
12th Week |
Derivative financial products and applications in Turkiye |
|
13th Week |
New financial techniques: case studies and evaluation in Turkiye |
|
14th Week |
General review |
|
| Recommended or Required Reading | Ersan, İ. (1997). Finansal türevler. Literatür Yayıncılık.
Seyidoğlu, H. (2016). Uluslararası finans (5th ed.). Güzem Can Yayınları.
VOB Vadeli İşlem ve Opsiyon Borsası. (2004, July). Türev araçlar lisanslama rehberi. Vadeli İşlem ve Opsiyon Borsası A.Ş. |
|---|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Discussion
- 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 Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
