TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| BUSINESS ADMINISTRATION PR. (ENGLISH) | |
| Code | BUSS410 |
| Name | Capital Markets and Portfolio Management |
| Term | 2018-2019 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. SERKAN YILMAZ KANDIR |
| Course Instructor |
Doç. Dr. EMRAH ARIOĞLU
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The general purpose of the course is to undertand the pricing of financial instruments in the capital markets and to study the optimal construction of portfolios, emphasizing the trade-off between risk and return in great detail.
Course Content
In this course the prices of financial instruments, portfolio management and the evaluation of portfolio performances will be discussed
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | To be able to recognize both the theoretical and mathematical methods of this topic |
| LO02 | To be able to analyze how stocks and bonds should be priced |
| LO03 | Construct portfolio. |
| LO04 | Recognize portfolio management strategies |
| LO05 | To be able to evaluate the performance of the portfolio |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | List and define the concepts of business management, and explain their relation to each other | 4 |
| PLO02 | - | List and define the fundamental conceptual models, numerical and statistical techniques of business administartion; identify their advantages and disadvantages | 4 |
| PLO03 | - | List and define the relationship between the basic concepts of economy and business management; indicates strong and weak sides of each method. | 4 |
| PLO04 | - | Explain how to create the fundamental conceptual models, and how to apply numerical and statistical techniques that are used in business administration | 3 |
| PLO05 | - | Explain how to create the fundamental conceptual models and how to apply numerical and statistical techniques that are used in business administration. | 3 |
| PLO06 | - | Follow the basic steps of business management methods and apply them | 4 |
| PLO07 | - | Determine appropriate methods to solve business problems | 3 |
| PLO08 | - | Evaluate the results that are obtained from applications of business management methods. | 5 |
| PLO09 | - | Use basic numerical and statistical softwares. | 2 |
| PLO10 | - | Use basic enterprise resource planning (ERP) softwares | 2 |
| PLO11 | - | Take initiative individually or/and as a member of a team, lead and work effectively | 5 |
| PLO12 | - | Follow the latest developments in the field, and sustain personal and professional development with the awareness of the necessity of lifelong learning | 5 |
| PLO13 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field | 5 |
| PLO14 | - | Use different resources in accordance with academic principles, synthesize the data gathered, and present them effectively in an unfamiliar field | 5 |
| PLO15 | - | Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context | 3 |
| PLO16 | - | Perceive and interpret feelings, ideas and behaviours of people appropriately, and express himself/herself accurately in written or oral form | 5 |
| PLO17 | - | Question traditional approaches, methods and implementations; develop and implement alternative methods when required | 5 |
| PLO18 | - | Recognize and apply social, scientific and professional ethical values. | 4 |
| PLO19 | - | Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives. | 4 |
| PLO20 | - | Monitor external factors such as industrial structures, competition, technologies, economics, politics, cultures that affect the activities of businesses and interpret their impact on businesses. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Capital Markets and Economic Developments | Investments (Reilly,Norton) chp.1 | |
| 2 | Measures of Risk and Return | Investments (Reilly,Norton) chp.1 | |
| 3 | Valuation of Fixed Income Securities-1 | Investments (Reilly,Norton) chp.10 pg.242-248 | |
| 4 | Valuation of Fixed Income Securities-2 | Investments (Reilly,Norton) chp.10 p.248-252 | |
| 5 | Valuation of Stocks-1 | Investments (Reilly,Norton) chp.10 p.252-258 | |
| 6 | Valuation of Stocks-2 | Investments (Reilly,Norton) chp.10 p.258-262 | |
| 7 | Introduction to Portfolio Management; Concept of Efficient Frontier, Utility and Short Sale | Investments (Reilly,Norton) chp.6 p.146-165 | |
| 8 | Mid-Term Exam | Sınava hazırlık | |
| 9 | Introduction to Portfolio Management; Concept of Efficient Frontier, Utility and Short Sale | Investments (Reilly,Norton) chp.6 p.146-165 | |
| 10 | Capital Asset Pricing Theory | Investments (Reilly,Norton) chp.7 p.165-179 | |
| 11 | Arbitrage Pricing Theory and Multifactor Asset Pricing Models | Investments (Reilly,Norton) chp.7 p.179-185 | |
| 12 | Portfolio Management Strategies | Investments (Reilly,Norton) chp.15 p.388-416 | |
| 13 | Evaluation of Portfolio Performance | Investments (Reilly,Norton) chp.23 p.577-596 | |
| 14 | International Portfolio Management | Lecturer's Own Course Notes | |
| 15 | Overview of the subjects | Investment revise | |
| 16 | Term Exams | Preparation for the exam | |
| 17 | Term Exams | Preparation for the exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||