Information Package

Ph.D. on Banking and Finance

BF616

DERIVATIVE MARKETS AND INSTRUMENTS

Course Code
BF616
Semester
-
Theory+Practice
3 + 0
ECTS
15
Course TypeElective Course
Course LevelDoctorate Of Science
Year of Study-
Semester-
ECTS15
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. be able to compare derivative instruments used in financial risk management.
  2. learn the use of these instruments (futures contracts, options and swap operations).
  3. understand the pricing of these insruments and factors that affect the price of these instruments.
  4. comprehend how financial firms hedge risks (exchange rate, interest rate, etc.).
  5. will be able to use and develop derivative strategies.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNo
Course DescriptionThe main aim of this module is to introduce the derivative markets and the instruments traded in derivative markets. Concepts such as Basic principles about the derivative instruments, derivative instrument markets, futures contracts, options, swaps agreements, other derivative instruments, the use of derivatives in risk management, the pricing of derivatives and derivative instrument strategies will be examined.
Course Contents
WEEK TOPICS
1st Week Derivative markets
2nd Week Futures markets
3rd Week Commodity futures
4th Week Financial Futures
5th Week Option Pazarları
6th Week Financial Options
7th Week Over the counter derivatives
8th Week Mid term exam
9th Week Swap transactions
10th Week Hybrid Derivatives
11th Week Risk hedging by derivative instruments and speculation using derivatives
12th Week Derivative financial products and their use Turkey
13th Week New financial techniques, Case Studies
14th Week General Assesment
15th Week
Recommended or Required ReadingBabuşcu, Şenol, Hazar, Adalet, İskender, Ebru Sonbul, İskender, Arya, Türev Piyasalar, Araçlar ve Risk Yönetimi, Akademi Yayınevi, 2016.
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 2 2
Preparation for Quiz
Individual or group work 14 25 350
Preparation for Final exam 1 40 40
Course hours 14 3 42
Preparation for Midterm exam 1 30 30
Laboratory (including preparation) 14 1 14
Final exam 1 3 3
Homework 2 1 2
Total Work Load483
Total Work Load / 30 (h)16.1
ECTS Credit of the Course15
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5
K1
K2
K3
K4 X X X X X
K5 X X X X X