Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INVESTMENT and PORTFOLIO MANAGEMENT | - | Spring Semester | 3+0 | 3 | 8 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Third Cycle (Doctorate Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
| Name of Lecturer(s) | Assist.Prof. Ali Osman Serdar ÇITAK |
| Assistant(s) | |
| Aim | The aim of the course is to give to the students the current theoretical and practical knowledge about the investment and portfolio management. |
| Course Content | This course contains; 1. Financial markets.,2. Financial institutions.,3. Financial instruments.,4. Time value of money.,5. Financial statements.,6. Financial analysis.,7. Fundamental analysis.,8. Stock valuation.,9. Bond valuation.,10. Portfolio, risk and return.,11. Portfolio management.,12. Technical analysis.,13. Derivatives market.,14. Derivative contracts.. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Defines the concepts of the financial system | 10, 16, 9 | A, E |
| 1.1. Defines the financial markets | 10, 16, 9 | A, E |
| 1.2. Classifies the financial markets. | 10, 16, 9 | A, E |
| 1.3. Compares the financial markets in developed countries. | 10, 16, 9 | A, E |
| 1.4. Compares the financial markets in developing countries. | 10, 16, 9 | A, E |
| 2. Discuss the characteristics of financial institutions and instruments. | 10, 16, 9 | A, E |
| 2.1. Defines the financial intermediary. | 10, 16, 9 | A, E |
| 2.2. Compares the characteristics of financial instruments. | 10, 16, 9 | A, E |
| 2.3. Defines the legal and administrative structure in the financial markets. | 10, 16, 9 | A, E |
| 2.4. Defines stock exchanges. | 10, 16, 9 | A, E |
| 3. Applies the time value of money. | 10, 16, 9 | A, E |
| 3.1. Compares the concepts of nominal and real interest. | 10, 16, 9 | A, E |
| 3.2. Explains the concept of simple interest. | 10, 16, 9 | A, E |
| 3.3. Explains the concept of compound interest. | 10, 16, 9 | A, E |
| 3.4. Explains the concept of annuity. | 10, 16, 9 | A, E |
| 4. Applies the financial statements analysis | 10, 16, 9 | A, E |
| 4.1. Defines financial tables. | 10, 16, 9 | A, E |
| 4.2. Compares the characteristics of the financial statements. | 10, 16, 9 | A, E |
| 4.3. Describes the types of financial analysis. | 10, 16, 9 | A, E |
| 4.4. Applies the examples of financial analysis. | 10, 16, 9 | A, E |
| 4.5. Applies the fundamental analysis. | 10, 16, 9 | A, E |
| 5. Applies the stock valuation. | 10, 16, 9 | A, E |
| 5.1. Defines the basic concepts of stock. | 10, 16, 9 | A, E |
| 5.2. Describes the concept of valuation. | 10, 16, 9 | A, E |
| 5.3. Compares the stock valuation methods. | 10, 16, 9 | A, E |
| 6. Applies the valuation of bonds and other fixed income securities | 10, 16, 9 | A, E |
| 6.1. Defines the basic concepts of bonds. | 10, 16, 9 | A, E |
| 6.2. Defines the basic concepts of other fixed income securities. | 10, 16, 9 | A, E |
| 6.3. Compares the methods for valuing fixed income securities. | 10, 16, 9 | A, E |
| 7. Discuss the basic concepts of portfolio management. | 10, 16, 9 | A, E |
| 7.1. Explains the concepts of portfolio, risk and return. | 10, 16, 9 | A, E |
| 7.2. Applies the efficient frontier and portfolio selection. | 10, 16, 9 | A, E |
| 7.3. Describes the approaches to portfolio management. | 10, 16, 9 | A, E |
| 7.4. Compares the portfolio management strategies. | 10, 16, 9 | A, E |
| 7.5. Measures the portfolio performance. | 10, 16, 9 | A, E |
| 8. Applies technical Analysis. | 10, 16, 9 | A, E |
| 8.1. Explains the concept of technical analysis | 10, 16, 9 | A, E |
| 8.2. Defines the indicators of technical analysis. | 10, 16, 9 | A, E |
| 8.3. Appraises the data of technical analysis. | 10, 16, 9 | A, E |
| 9. Evaluate derivatives market. | 10, 16, 9 | A, E |
| 9.1. Describes the futures contract. | 10, 16, 9 | A, E |
| 9.2. Describes the forward contract. | 10, 16, 9 | A, E |
| 9.3. Describes the option contract. | 10, 16, 9 | A, E |
| 9.4. Evaluates the derivative contracts. | 10, 16, 9 | A, E |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | 1. Financial markets. | Examination of academic studies on the subject. |
| 2 | 2. Financial institutions. | Examination of academic studies on the subject. |
| 3 | 3. Financial instruments. | Examination of academic studies on the subject. |
| 4 | 4. Time value of money. | Examination of academic studies on the subject. |
| 5 | 5. Financial statements. | Examination of academic studies on the subject. |
| 6 | 6. Financial analysis. | Examination of academic studies on the subject. |
| 7 | 7. Fundamental analysis. | Examination of academic studies on the subject. |
| 8 | 8. Stock valuation. | Examination of academic studies on the subject. |
| 9 | 9. Bond valuation. | Examination of academic studies on the subject. |
| 10 | 10. Portfolio, risk and return. | Examination of academic studies on the subject. |
| 11 | 11. Portfolio management. | Examination of academic studies on the subject. |
| 12 | 12. Technical analysis. | Examination of academic studies on the subject. |
| 13 | 13. Derivatives market. | Examination of academic studies on the subject. |
| 14 | 14. Derivative contracts. | Examination of academic studies on the subject. |
| Resources |
| Lecture notes |
| 1. Mehmet Baha Karan, Yatırım Analizi ve Portföy Yönetimi 2. Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann, Modern Portfolio Theory and Investment Analysis 3. Frank K. Reilly, Keith C. Brown, Investment Analysis and Portfolio Management |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Will be able to have advanced theoretical and practical knowledge supported by textbooks, application tools and other resources containing current information in the field. | X | |||||
| 2 | With the current developments in the banking and finance sector, it acquires information about basic resources, current trends and approaches. | X | |||||
| 3 | Reaches, evaluates and uses scientific information in the field of Banking and Finance and uses it in solving problems. | X | |||||
| 4 | It carries out a work that requires expertise in the field of Banking and Finance and related disciplines independently and produces solutions. | X | |||||
| 5 | Acquires the necessary theoretical background to understand and solve banking and finance problems and make theoretical contributions. | X | |||||
| 6 | Analyze and synthesize financial and economic data. Presents, discusses and defends data both in writing and orally, both in academic and business life. | X | |||||
| 7 | Gains detailed information on the global aspects of financial markets and their connections with international relations, and at the level of contributing to the existing information. | X | |||||
| 8 | Evaluates the role and importance of social, regulatory and political factors for the banking and financial sector, both practically and theoretically. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 14 | 3 | 42 | |||
| Guided Problem Solving | 14 | 15 | 210 | |||
| Resolution of Homework Problems and Submission as a Report | 0 | 0 | 0 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 0 | 0 | 0 | |||
| General Exam | 0 | 0 | 0 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 252 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(252/30) | 8 | |||||
| ECTS of the course: 30 hours of work is counted as 1 ECTS credit. | ||||||
Detail Informations of the Course
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INVESTMENT and PORTFOLIO MANAGEMENT | - | Spring Semester | 3+0 | 3 | 8 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Third Cycle (Doctorate Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
| Name of Lecturer(s) | Assist.Prof. Ali Osman Serdar ÇITAK |
| Assistant(s) | |
| Aim | The aim of the course is to give to the students the current theoretical and practical knowledge about the investment and portfolio management. |
| Course Content | This course contains; 1. Financial markets.,2. Financial institutions.,3. Financial instruments.,4. Time value of money.,5. Financial statements.,6. Financial analysis.,7. Fundamental analysis.,8. Stock valuation.,9. Bond valuation.,10. Portfolio, risk and return.,11. Portfolio management.,12. Technical analysis.,13. Derivatives market.,14. Derivative contracts.. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Defines the concepts of the financial system | 10, 16, 9 | A, E |
| 1.1. Defines the financial markets | 10, 16, 9 | A, E |
| 1.2. Classifies the financial markets. | 10, 16, 9 | A, E |
| 1.3. Compares the financial markets in developed countries. | 10, 16, 9 | A, E |
| 1.4. Compares the financial markets in developing countries. | 10, 16, 9 | A, E |
| 2. Discuss the characteristics of financial institutions and instruments. | 10, 16, 9 | A, E |
| 2.1. Defines the financial intermediary. | 10, 16, 9 | A, E |
| 2.2. Compares the characteristics of financial instruments. | 10, 16, 9 | A, E |
| 2.3. Defines the legal and administrative structure in the financial markets. | 10, 16, 9 | A, E |
| 2.4. Defines stock exchanges. | 10, 16, 9 | A, E |
| 3. Applies the time value of money. | 10, 16, 9 | A, E |
| 3.1. Compares the concepts of nominal and real interest. | 10, 16, 9 | A, E |
| 3.2. Explains the concept of simple interest. | 10, 16, 9 | A, E |
| 3.3. Explains the concept of compound interest. | 10, 16, 9 | A, E |
| 3.4. Explains the concept of annuity. | 10, 16, 9 | A, E |
| 4. Applies the financial statements analysis | 10, 16, 9 | A, E |
| 4.1. Defines financial tables. | 10, 16, 9 | A, E |
| 4.2. Compares the characteristics of the financial statements. | 10, 16, 9 | A, E |
| 4.3. Describes the types of financial analysis. | 10, 16, 9 | A, E |
| 4.4. Applies the examples of financial analysis. | 10, 16, 9 | A, E |
| 4.5. Applies the fundamental analysis. | 10, 16, 9 | A, E |
| 5. Applies the stock valuation. | 10, 16, 9 | A, E |
| 5.1. Defines the basic concepts of stock. | 10, 16, 9 | A, E |
| 5.2. Describes the concept of valuation. | 10, 16, 9 | A, E |
| 5.3. Compares the stock valuation methods. | 10, 16, 9 | A, E |
| 6. Applies the valuation of bonds and other fixed income securities | 10, 16, 9 | A, E |
| 6.1. Defines the basic concepts of bonds. | 10, 16, 9 | A, E |
| 6.2. Defines the basic concepts of other fixed income securities. | 10, 16, 9 | A, E |
| 6.3. Compares the methods for valuing fixed income securities. | 10, 16, 9 | A, E |
| 7. Discuss the basic concepts of portfolio management. | 10, 16, 9 | A, E |
| 7.1. Explains the concepts of portfolio, risk and return. | 10, 16, 9 | A, E |
| 7.2. Applies the efficient frontier and portfolio selection. | 10, 16, 9 | A, E |
| 7.3. Describes the approaches to portfolio management. | 10, 16, 9 | A, E |
| 7.4. Compares the portfolio management strategies. | 10, 16, 9 | A, E |
| 7.5. Measures the portfolio performance. | 10, 16, 9 | A, E |
| 8. Applies technical Analysis. | 10, 16, 9 | A, E |
| 8.1. Explains the concept of technical analysis | 10, 16, 9 | A, E |
| 8.2. Defines the indicators of technical analysis. | 10, 16, 9 | A, E |
| 8.3. Appraises the data of technical analysis. | 10, 16, 9 | A, E |
| 9. Evaluate derivatives market. | 10, 16, 9 | A, E |
| 9.1. Describes the futures contract. | 10, 16, 9 | A, E |
| 9.2. Describes the forward contract. | 10, 16, 9 | A, E |
| 9.3. Describes the option contract. | 10, 16, 9 | A, E |
| 9.4. Evaluates the derivative contracts. | 10, 16, 9 | A, E |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | 1. Financial markets. | Examination of academic studies on the subject. |
| 2 | 2. Financial institutions. | Examination of academic studies on the subject. |
| 3 | 3. Financial instruments. | Examination of academic studies on the subject. |
| 4 | 4. Time value of money. | Examination of academic studies on the subject. |
| 5 | 5. Financial statements. | Examination of academic studies on the subject. |
| 6 | 6. Financial analysis. | Examination of academic studies on the subject. |
| 7 | 7. Fundamental analysis. | Examination of academic studies on the subject. |
| 8 | 8. Stock valuation. | Examination of academic studies on the subject. |
| 9 | 9. Bond valuation. | Examination of academic studies on the subject. |
| 10 | 10. Portfolio, risk and return. | Examination of academic studies on the subject. |
| 11 | 11. Portfolio management. | Examination of academic studies on the subject. |
| 12 | 12. Technical analysis. | Examination of academic studies on the subject. |
| 13 | 13. Derivatives market. | Examination of academic studies on the subject. |
| 14 | 14. Derivative contracts. | Examination of academic studies on the subject. |
| Resources |
| Lecture notes |
| 1. Mehmet Baha Karan, Yatırım Analizi ve Portföy Yönetimi 2. Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann, Modern Portfolio Theory and Investment Analysis 3. Frank K. Reilly, Keith C. Brown, Investment Analysis and Portfolio Management |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Will be able to have advanced theoretical and practical knowledge supported by textbooks, application tools and other resources containing current information in the field. | X | |||||
| 2 | With the current developments in the banking and finance sector, it acquires information about basic resources, current trends and approaches. | X | |||||
| 3 | Reaches, evaluates and uses scientific information in the field of Banking and Finance and uses it in solving problems. | X | |||||
| 4 | It carries out a work that requires expertise in the field of Banking and Finance and related disciplines independently and produces solutions. | X | |||||
| 5 | Acquires the necessary theoretical background to understand and solve banking and finance problems and make theoretical contributions. | X | |||||
| 6 | Analyze and synthesize financial and economic data. Presents, discusses and defends data both in writing and orally, both in academic and business life. | X | |||||
| 7 | Gains detailed information on the global aspects of financial markets and their connections with international relations, and at the level of contributing to the existing information. | X | |||||
| 8 | Evaluates the role and importance of social, regulatory and political factors for the banking and financial sector, both practically and theoretically. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |