FINANCIAL MATHEMATICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
IBY207	FINANCIAL MATHEMATICS	3	3	3	6

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Prof. ORHAN İŞCAN
Instructor(s) of the Course Unit	Assist.Prof. AYŞEGÜL ERTUĞRUL
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to gain mathematical knowledge/skills related to the infrastructure necessary for the establishment of an effective financial policy, making appropriate investment and financing decisions in the enterprises.
Contents of the Course Unit:	Contents of the course include the subjects such as Simple Interest, Compound Interest, Discount Transactions, Risk, Return, Variance, Covariance, Correlation, Annuity Calculations.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Recognize the concepts of simple and compound interest.
Distinguish the concepts of simple and compound interest.
Calculate the interest using the formulas of simple and compound interest.
Analyze the bond and stock pricing.
Decide the optimal transaction for pricing.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	-	Financial system, financial institutions and financial tools	Lecture-practice
2	Reading	Time value of money	Lecture-practice
3	Reading	Simple Interest	Lecture-practice
4	Reading	Compound Interest	Lecture-practice
5	Reading	Present value statement	Lecture-practice
6	Reading	Future value statement	Lecture-practice
7	Reading	Present value statement of Annuities	Lecture-practice
8	-	MID-TERM EXAM	-
9	Reading	Future value statement of Annuities	Lecture-practice
10	Reading	Definition, types and valuing of bond	Lecture-practice
11	Reading	Risk and return	Lecture-practice
12	Reading	Stock pricing	Lecture-practice
13	Reading	Stock return calculation	Lecture-practice
14	Reading	Stock pricing with Gordon model and CAPM Model	Lecture-practice
15	Reading	Stock pricing with Gordon model and CAPM Model	Lecture-practice
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Aydin, Nurhan(2010), Finans matematigi, Detay Publications
Sucu, Meral (2013) Finans matematigi, Nobel Publications.
Eugene F. Brigham, Michael C. Ehrhardth, (2001) Financial Management

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Interpret the basic concepts, theories and approaches of business information management, programming and management information systems.	0
2	Explain concepts related to field by associating them with information systems and programming languages.	0

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain current information about the field with information and communication theories.	0
2	Relate the information and facts about his/her field with other areas of social sciences.	0

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Prepare the technical infrastructure and content of information management in businesses.	0
2	Integrate the theoretical knowledge about the field into today's technology	0

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Apply the programming languages for the functioning of business.			2
2	Interpret the theoretical and practical information they obtained in their field.		1

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Fulfill his/her duties and responsibilities related to the solution of problems arising in enterprises.					4
2	Conducts projects related with his/her field.				3

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Integrate the technical information and approaches about his/her field to business management information processes.	0
2	Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.						5

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Cooperates with stakeholders in order to generate new ideas.					4
2	Organize projects and activities for the social environment with social responsibility consciousness and to be able to apply those.				3

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students will be able to apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.					4
2	Write programs by using the programming languages related with his/her field.				3

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	13	3	39
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	6	5	30
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	7	6	42
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	42	0	155