TÜRKÇE
ENGLISH
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 | Explain the importance of demand and supply in economy science and the well-running conditions of the market economy | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy. | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 5 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | 5 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. |
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 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 15 | 30 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 15 | 15 |
| Total Workload (Hour) | 144 | ||
| Total Workload / 25 (h) | 5,76 | ||
| ECTS | 6 ECTS | ||