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Information
| Code | ISLS410 |
| Name | Portfolio Management |
| Term | 2024-2025 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 |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HATİCE DOĞUKANLI |
| Course Instructor |
1 2 |
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
None
Resources
Related books Yatırım Analizi ve Portföy Yönetimi, Baha Karan Portfolio Management and Investment Analyis, Elton and Gruber Portföy Yönetimi,Hatice Doğukanlı ve Metin Borak
Notes
Market data
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the portfolio concept |
| LO02 | Recognizes 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 | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 2 | Learning about the statistical infrastructure of portfolio concept | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 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 | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 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 | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Defining the concepts of optimum portfolio, utility and effective border | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 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 | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Pricing Equity with CAPM and estimating return with characteristic line | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-term Exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Learning about Single Index Models | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | Learning about Single Index Models-2 | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Arbitrage Pricing Model and Mutli Index Model | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Assesment Portfolio Performance; Treynor, Sharpe and Jensen Performance Criterion | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Active-Passive Portfolio Management | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | International Diversification | Reading the relevant chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Portfolio Presentation | Portfolio Presentation | Ölçme Yöntemleri: Ödev |
| 16 | Final Exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Final Exam | Preparation for the exam | 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 | ||