| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Bachelor's Degree |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 5 |
| NAME OF LECTURER(S) | Instructor Ayhan Algüner
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Know what risk is and how it is measured
2) Know the sources of risk for individuals and companies
3) Apply risk management techniques and manage the risk of liabilities and assets
4) Know how to use financial derivatives in risk management
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | Man418 Derivative Markets |
| COURSE DEFINITION | 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. |
| 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 | Risk Management and Shareholders | | 8th Week | Mid-term examination | | 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 |
|
| RECOMENDED OR REQUIRED READING | Harrington and Niehaus (2009); Risk Management and Insurance (2nd Edition) |
| 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 | 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 Workload | | | 151 |
|---|
| Total Workload / 30 | | | 5,03 |
|---|
| ECTS Credits of the Course | | | 5 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
