| Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
| ISL426 |
INTERNATIONAL FINANCIAL MARKETS AND PORTFOLIO MANAGEMENT |
8 |
3 |
3 |
8 |
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 |
|
| Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
| Objectives of the Course Unit: |
This course aims to give the students general overview on financial markets and portfolio management process. Also, the students will be encouraged to think analytically, solve and analyze the problems in capital market applications via case studies. |
| Contents of the Course Unit: |
Contents of the course include studying functioning of the International financial markets and the institutions which operate in these markets, learning the types of securities, learning the theories on pricing of securities, studying market efficiency and investor behaviours. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
| Students interpret the developments in the international financial markets. |
| Students interpret the market efficiency by using the financial data techniques. |
| Students prepare an optimal portfolio by applying portfolio and capital market theories. |
| Students analyze the macroeconomic and sectoral factors that may effect the prices of securities. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
| Week |
Preparatory |
Topics(Subjects) |
Method |
| 1 |
Reading the relevant chapter in the coursebook |
Financial markets and intermediaries |
Lecture & Discussion |
| 2 |
Reading the relevant chapter in the coursebook |
Types of financial markets |
Lecture & Discussion |
| 3 |
Reading the relevant chapter in the coursebook |
Capital market instruments |
Lecture & Discussion |
| 4 |
Reading the relevant chapter in the coursebook |
Valuation of stocks and bonds |
Lecture & Discussion |
| 5 |
Reading the relevant chapter in the coursebook |
Portfolio theory |
Lecture & Discussion |
| 6 |
Reading the relevant chapter in the coursebook |
Capital market theory |
Lecture & Discussion |
| 7 |
Reading the relevant chapter in the coursebook |
Pricing model for financial assets |
Lecture & Discussion |
| 8 |
- |
MID-TERM EXAM |
- |
| 9 |
Reading the relevant chapter in the coursebook |
Arbitrage pricing theory |
Lecture & Discussion |
| 10 |
Reading the relevant chapter in the coursebook |
Derivative products: Forward and future contracts |
Lecture & Discussion |
| 11 |
Reading the relevant chapter in the coursebook |
Derivative products: Option contracts |
Lecture & Discussion |
| 12 |
Reading the relevant chapter in the coursebook |
Derivative products: Swap contracts |
Lecture & Discussion |
| 13 |
Reading the relevant chapter in the coursebook |
Market efficiency and Risk management |
Lecture & Discussion |
| 14 |
Reading the relevant chapter in the coursebook |
Behavioral finance |
Lecture & Discussion |
| 15 |
Reading the relevant chapter in the coursebook |
Case Studies |
Lecture & Discussion & Case Study |
| 16 |
- |
FINAL EXAM |
- |
| 17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
| Demirel, E., (2013). Uluslararasi Finansal Piyasalarda Portfoy Yonetimi ve Opsiyon Sozlesmeleri. Paradigma Akademi Publications |
| Sharpe, W. F., & Sharpe, W. F. (1970). Portfolio theory and capital markets (Vol. 217). New York: McGraw-Hill. |
| Civan, M. (2010). Sermaye piyasasi analizleri ve portfoy yonetimi. Ekin Publications. |
ASSESSMENT |
| Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
| Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
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.
|
|
|
2 |
|
|
|
| 2 |
Explain business functions and processes based on current scientific sources.
|
|
|
2 |
|
|
|
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.
|
|
|
2 |
|
|
|
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.
|
|
|
|
3 |
|
|
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.
|
|
|
2 |
|
|
|
| 3 |
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
|
|
|
|
3 |
|
|
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.
|
|
|
|
3 |
|
|
| 2 |
Organize the activities for organizational goals and purposes independently.
|
|
|
|
|
4 |
|
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.
|
|
|
2 |
|
|
|
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.
|
|
|
|
|
|
5 |
| 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.
|
|
|
|
|
4 |
|
| 2 |
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
|
|
|
|
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 |
14 |
3 |
42 |
| Land Surveying |
0 |
0 |
0 |
| Group Work |
2 |
3 |
6 |
| Laboratory |
0 |
0 |
0 |
| Reading |
14 |
2 |
28 |
| Assignment (Homework) |
14 |
3 |
42 |
| 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 |
14 |
1 |
14 |
| 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 |
12 |
12 |
| Mid-Term Exam |
1 |
1 |
1 |
| Preparation for the Mid-Term Exam |
1 |
12 |
12 |
| Short Exam |
0 |
0 |
0 |
| Preparation for the Short Exam |
0 |
0 |
0 |
| TOTAL |
76 |
0 |
200 |
|
Total Workload of the Course Unit |
200 |
|
|
Workload (h) / 25.5 |
7,8 |
|
|
ECTS Credits allocated for the Course Unit |
8,0 |
|