| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Master's Degree With Thesis |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 10 |
| NAME OF LECTURER(S) | -
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Introduce various securities and the markets they trade in
2) Observe investment regulations and related ethics and professional conduct
3) Evaluate the theories and evidence for and against the efficient market hypothesis
4) Describe important concepts in portfolio management such as diversification and efficient frontier
5) Explain risk and return relationship in terms of the Capital Asset Pricing Model (CAPM) and the Arbitrage Pricing Theory (APT)
6) Evaluate bonds and stocks with discounted cashflow and other models
7) Demonstrate the techniques for bond and stock portfolio management
8) Compute and interpret various portfolio performance measures
9) Depict the basic features of futures and options
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | MAN516 International Finance |
| COURSE DEFINITION | 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 |
|
| RECOMENDED 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 | Lecture,Discussion |
| 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 WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| 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 Workload | | | 315 |
|---|
| Total Workload / 30 | | | 10,5 |
|---|
| ECTS Credits of the Course | | | 10 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
