TÜRKÇE
ENGLISH
Information
| Code | EMG12706 |
| Name | Capital Market Analysis |
| Term | 2023-2024 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Prof. Dr. SERKAN YILMAZ KANDIR |
| Course Instructor |
1 |
Course Goal / Objective
The objectives of this course are to introduce capital markets, capital market institutions and capital market instruments (stocks, bonds, etc.) and to teach the necessary knowledge and skills to evaluate and analyse these instruments.
Course Content
In this course, capital markets, ISEs place in the economy and the valuation of financial instruments such as bonds and shares are discussed.
Course Precondition
None
Resources
1. Finansal Pazarlar Finansal Kurumlar ve Sermaye Piyasası Analizleri, Serpil Canbaş ve Hatice Doğukanlı 2. Sermaye Piyasası ve Menkul Değer Analizi, Turhan Korkmaz ve Ali Ceylan 3. Yatırım analizi ve Portföy Yönetimi, Mehmet Baha Karan 4. Sermaye Piyasası ve Borsa Temel Bilgiler Kılavuzu, İMKB Eğitim Yayınları 5.Reilly and Brown, Investment Analysis and Porftolio Management, 6th Ed., South-Western, 2000.
Notes
1) Sermaye Piyasası Borsa ve Temel Bilgiler Klavuzu, İMKB Eğitim Yayınları
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the capital markets and their functions in general |
| LO02 | Explains the importance of ISE in the economy |
| LO03 | Recognizes risk and return concepts |
| LO04 | Calculates the prices of financial instruments such as bonds and equities |
| LO05 | Classifies and distinguish between the capital market analyses |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Defines the basic theoretical models and numerical methods of finance function and describes the intended use. Indicates each model´s weak and strong aspects. | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Analyses strategic and operational plans for financial companies, and creates sufficient knowledge to find solutions to the problems that might arise. | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explains how to create theoretical models to be used in financial management and how to apply quantitative and statistical methods. | 3 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Teaches how to interpret the findings obtained by the application of theoretical models, quantitative and statistical methods used in financial management. | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Determines the appropriate methods to solve the problems encountered in business. | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Enables financial organizations to reach the most appropriate conclusion with an accurate analysis of the basic financial statements. | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Encourages to take responsibility individually and/or in a team, to lead and to work effectively. | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Is aware of the need for lifelong learning, keeps track of the latest developments in the field and constantly develops professional knowledge and skills . | 5 |
| PLO09 | Bilgi - Kuramsal, Olgusal | Teaches to exploit different sources in a new field in accordance with academic rules, to synthesize and effectively present the information obtained. | |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Demonstrates an awareness of lifelong learning. | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Questions the ways of traditional methods and if it´s needed develops and implements new approaches. | 5 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Has a good command of Turkish, as well as at least one another foreign language in accordance with the requirements of academic and work life. | 4 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Taking the goals and objectives of the banking sector, its size, resources and culture into account, determines the most appropriate approach to financial management . | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Having a comprehensive knowledge about Capital Markets, it´s tools and institutions, such as BIST and the World Stock Exchanges and utilizes the best ways in the field. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Definition of Capital Markets and its Functions | Reading the first chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Tartışma |
| 2 | Development of Capital Markets and its connection to Economic Development, ISEs place in the economy | Reading the second chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Tartışma |
| 3 | Functioning of ISE and the Determination of the Exchange Index | Reading the 3rd chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Expected return and variance | Reading the 4th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | Valuation of private corporate bonds | Reading the 4th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Valuation of Government Bonds and Treasury Bills, REPO and finance bonds | Reading the 4th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Valuation of equity shares | Reading the 4th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | Stock Valuation with reduction in the expected return approach | Reading the 4th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Tartışma |
| 10 | Stock Valuation with Practical Approaches | Reading the 4th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Tartışma |
| 11 | Stock Valuation with Portfolio Approach | Reading the 4th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Capital Market Analysis: Fundamental Analysis | Reading the 5th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Capital Market Analysis: Technical Analysis | Reading the 5th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 14 | Capital Market Analysis: Efficient Market Hypothesis and Random Walk Theory | Reading the 5th chapter of financial markets book | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 15 | Overview of the topics | Exam preperation | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 16 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
|
| 17 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
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 | ||