FINANCIAL MATHEMATICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
ISL209	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	Assoc.Prof. ÇAĞLA TUĞBERK ARIKER
Instructor(s) of the Course Unit	Assist.Prof. MURAT TOPCU
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to identify the mathematical foundations of financial structures in money markets, to apply mathematical transactions made in banking and insurance fields, to solve the mathematical problems on finance.
Contents of the Course Unit:	Subjects such as financial management and finance sector, finance mathematics, time value of money, projected financial statements, financial planning, cash and similar assets management, break even and leverage analysis, interest concepts, simple interest, compound interest and their applications, simple discount, compound discount, annuities, bond evaluation, risk return calculations, derivatives markets and products, vertical, horizontal and trend analysis, stock and receivable management, working capital will be studied.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Define the basic concepts of finance field. (Define) (1)
Solve the basic mathematical problems on finance. (Solve) (3)
Solve the basic problems on time value of money. (Solve) (3)
Solve the basic problems on bond valuation. (Solve) (3)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Preparing presentation by getting help from the relevant chapter in the resource	Basic concepts of financial management	Lecture
2	Preparing presentation by getting help from the relevant chapter in the resource	Basic concepts of financial management	Lecture
3	Preparing presentation by getting help from the relevant chapter in the resource	Time value of interest and money	Lecture and Case Study Analysis
4	Preparing presentation by getting help from the relevant chapter in the resource	Time value of interest and money	Lecture and Case Study Analysis
5	Preparing presentation by getting help from the relevant chapter in the resource	Simple interest and simple discount	Lecture and Case Study Analysis
6	Preparing presentation by getting help from the relevant chapter in the resource	Simple interest and simple discount	Lecture and Case Study Analysis
7	Preparing presentation by getting help from the relevant chapter in the resource	Compound interest and compound discount	Lecture and Case Study Analysis
8	-	MID-TERM EXAM	-
9	Preparing presentation by getting help from the relevant chapter in the resource	Compound interest and compound discount	Lecture and Case Study Analysis
10	Preparing presentation by getting help from the relevant and case study	Annuities	Lecture and Case Study Analysis
11	Preparing presentation by getting help from the relevant and case study	Annuities	Lecture and Case Study Analysis
12	Preparing presentation by getting help from the relevant and case study	Stock certificate and bond valuation	Lecture and Case Study Analysis
13	Preparing presentation by getting help from the relevant and case study	Stock certificate and bond valuation	Lecture and Case Study Analysis
14	Preparing presentation by getting help from the relevant and case study	Investment decisions and capital budget	Lecture and Case Study Analysis
15	Preparing presentation by getting help from the relevant and case study	Investment decisions and capital budget	Lecture and Case Study Analysis
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Aydin, N. (2009). Finans matematigi. Detay Publications.
Sucu, M. (2015). Finans Matematigi, Nobel Publications, 2nd Edition
Roberts, A. J. (2009). Elementary calculus of financial mathematics (Vol. 15). SIAM.

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	Define the theories, concepts and principles of the basic and sub-fields of business.						5
2	Explain business functions and processes based on current scientific sources.					4

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate internationally valid business cases with the theories and concepts of other social sciences.				3

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.						5

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use the theoretical and factual knowledge in business for occupational practices.					4
2	Solve individual and organizational problems in business life.					4
3	Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.					4

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Plan research and work using knowledge and skills gained in the field of business.			2
2	Organize the activities for organizational goals and purposes independently.			2

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Criticize advanced knowledge and skills in the field with a critical approach.				3
2	Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.				3

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.			2
2	Use the information and communication technology software and equipment required for business.					4

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Apply the social, scientific, cultural and ethical values at the stages of the collection of data, their implementation, interpretation and announcement of results in the field of business.			2
2	Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.		1

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	14	3	42
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	14	1	14
Assignment (Homework)	14	2	28
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	1	10	10
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	1	10	10
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	60	0	148