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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| BUSINESS ADMINISTRATION PR. | |
| Code | ISLS410 |
| Name | Portfolio Management |
| Term | 2021-2022 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HATİCE DOĞUKANLI |
| Course Instructor |
Prof. Dr. HATİCE DOĞUKANLI
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The main objective of this course is to introduce financial instruments, as well as teaching about creating a portfolio in order to help the students to become a portfolio manager in the future.
Course Content
The concept of portfolio, portfolio theory and the statistical infrastructure related to the subject
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the portfolio concept |
| LO02 | Knows about traditional portfolio theory |
| LO03 | Calculates the risk and the expected return of a portfolio |
| LO04 | Calculates the return by using CAPM |
| LO05 | Explains the rules of arbitrage theory |
| LO06 | Evaluates the performance of a portfolio by using various criteria |
| LO07 | Distinguishes the differences between active and passive portfolio management |
| LO08 | Diversifies a portfolio by using international instruments |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explaining business concepts and their interrelationships | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Explaining the basic theoretical models, numerical and statistical methods of business management | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explaining the relationship between basic economics concepts and business management concepts | 2 |
| PLO04 | Bilgi - Kuramsal, Olgusal | İşletme yönetiminde kullanılan kuramsal, sayısal ve istatistik yöntemlerin nasıl uygulanacağını açıklama | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Explaining how to interpret the results obtained as a result of the creation/application of theoretical, numerical and statistical methods used in business management | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Determine appropriate methods to solve business problems | 2 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Evaluate the results that are obtained from applications of business management methods | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use the basic numerical and statistical softwares | 3 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Use the basic enterprise resource planning (ERP) softwares | 2 |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Working effectively individually and/or in a team | 4 |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, constantly renewing itself by following the current developments in the field. | 4 |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Presenting information effectively by using different sources within the framework of academic rules. | 3 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements in academic and business context | 2 |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Accurately express the obtained information and comments verbally and in writing | 3 |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Applying new working methods when deemed necessary by questioning traditional approaches, practices and methods | 3 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Acting in accordance with social, scientific and professional ethical values from an entrepreneurial perspective | |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Determining the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives of the enterprises | 2 |
| PLO19 | Yetkinlikler - Alana Özgü Yetkinlik | Interpreting the effects of external environmental factors such as sector structure, competition, technology, economy, politics, culture, which affect the | 2 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Understanding the concept of portfolio management | Reading the relevant chapter of investment and portfolio analysis book | |
| 2 | Learning about the statistical infrastructure of portfolio concept | Reading the relevant chapter of investment and portfolio analysis book | |
| 3 | Learning Markowitz theory, which is the basis of portfolio theories, and statistical computing of framework of this theory | Reading the relevant chapter of investment and portfolio analysis book | |
| 4 | Calculating the expected return and the risk of a single asset of a portfolio | Reading the relevant chapter of investment and portfolio analysis book | |
| 5 | Defining the concepts of optimum portfolio, utility and effective border | Reading the relevant chapter of investment and portfolio analysis book | |
| 6 | Assumptions of Capital Assets Pricing Model, Risk Free Rate, Capital Market Line, Security Line, Market Risk Premium | Reading the relevant chapter of investment and portfolio analysis book | |
| 7 | Pricing Equity with CAPM and estimating return with characteristic line | Reading the relevant chapter of investment and portfolio analysis book | |
| 8 | Mid-term Exam | Preparation for the exam | |
| 9 | Learning about Single Index Models | Reading the relevant chapter of investment and portfolio analysis book | |
| 10 | Learning about Single Index Models | Reading the relevant chapter of investment and portfolio analysis book | |
| 11 | Arbitrage Pricing Model and Mutli Index Model | Reading the relevant chapter of investment and portfolio analysis book | |
| 12 | Assesment Portfolio Performance; Treynor, Sharpe and Jensen Performance Criterion | Reading the relevant chapter of investment and portfolio analysis book | |
| 13 | Active-Passive Portfolio Management | Reading the relevant chapter of investment and portfolio analysis book | |
| 14 | International Diversification | Reading the relevant chapter of investment and portfolio analysis book | |
| 15 | Portfolio Presentation | Portfolio Presentation | |
| 16 | Final Exam | Preparation for the exam | |
| 17 | Final Exam | Preparation for the exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 50 | 20 |
| 1. Homework | 50 | 20 |
| 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 | ||