TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Master's Degree Without Thesis
YEAR OF STUDY	-
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	8
NAME OF LECTURER(S)	Instructor Ayhan Algüner
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	E-Learning
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	No
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 Assignmet 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(%) Assignment 1 20 Total(%) 20 Contribution of In-term Studies to Overall Grade(%) 20 Contribution of Final Examination to Overall Grade(%) 80 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam Preparation for Quiz Individual or group work 1 10 10 Preparation for Final exam 1 80 80 Course hours 14 1 14 Preparation for Midterm exam Laboratory (including preparation) Final exam 1 15 15 Homework 4 30 120 Total Workload 239 Total Workload / 30 7,96 ECTS Credits of the Course 8
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No