| Learning Outcomes |
At the end of this course, the students;
- Explain the basic functioning of stock exchanges and organized markets, market participants, and the logic behind index construction.
- Compare the basic characteristics and risks of transactions involving stocks, bonds, repos, futures, options, and precious metals.
- Apply basic calculations such as market capitalization, free float, bond price, futures profit/loss, gold price conversion, and order book.
- Evaluate the distinction between primary and secondary markets through initial public offerings (IPOs), capital increases, secondary offerings, and KAP disclosures.
- Interpret order types, price-time priority, liquidity, spreads, market depth, and transaction costs within the framework of market microstructure.
- Apply the concepts of portfolio risk, beta, CAPM, factor models, performance metrics, backtesting, and overfitting in the context of financial decision-making.
- Evaluate risk measurement tools such as VaR, Expected Shortfall, and stress testing in conjunction with leverage, margin, and liquidity risk.
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