TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| BUSINESS ADMINISTRATION PR. (ENGLISH) | |
| Code | BUSS410 |
| Name | Capital Markets and 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 | 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 |
Dr. Öğr. Üyesi Metin BORAK
(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 | Bilgi - Kuramsal, Olgusal | Explaining business concepts and their interrelationships | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Explaining the basic theoretical models, numerical and statistical methods of business management | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explaining the relationship between basic economics concepts and business management concepts | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Explaining how to apply theoretical, numerical and statistical methods used in business management | 5 |
| 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 | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Applying business management methods by following the basic steps | 4 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Determine appropriate methods to solve business problems | 4 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Evaluate the results that are obtained from applications of business management methods. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Use basic numerical and statistical softwares. | 2 |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use basic enterprise resource planning (ERP) softwares | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Working effectively individually and/or in a team | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, constantly renewing itself by following the current developments in the field. | |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Presenting information effectively in an unfamiliar field by using different sources within the framework of academic rules. | 5 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context | |
| 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 | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Acting in accordance with social, scientific and professional ethical values from an entrepreneurial perspective | 4 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Determining the most appropriate business management approaches, practices and methods by considering the sector, size, resources, culture, goals and objectives of the enterprises. | |
| PLO19 | Yetkinlikler - Alana Özgü Yetkinlik | Interpreting the effects of external environmental factors such as sector structure, competition, technology, economy, politics, culture, which affect the activities of businesses, on businesses. | 5 |
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. Homework | 50 | 20 |
| 1. Midterm Exam | 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 | ||