The aim of the course is to have knowledge about the tools and approaches used for the valuation of stocks, which are among the important financial investments, and the theoretical foundations of portfolio management.
Course Content
This course contains; Return concepts,Concepts of risk and risk premium,Diversification,Building the best portfolio,Capital Asset Pricing Theory ,Arbitrage Pricing Theory ,Efficient Market Hypothesis,Behavioral finance,Technical analysis,Macroeconomic analysis ,Sector analysis ,Stock valuation ,Financial statements ,Financial ratios.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to make calculations about risk and return concepts.
10, 9
A
1.1 Use various return concepts.
10, 9
1.2. Provide a numerical definition of portfolio risk.
10, 9
2. Will be able to apply the basic concepts of modern portfolio theory.
10, 9
A
2.1. Demonstrate the importance of diversification in reducing risk with examples.
10, 9
2.2. Use how to build the best portfolio with a single risky asset and a risk-free asset.
10, 9
3. Will be able to use Capital Asset Pricing Theory.
10, 9
A
3.1. Use the equation that is the result of Capital Asset Pricing Theory.
10, 9
3.2. Make a comparison between the expected rate of return information that can be obtained in other ways and the return from Capital Asset Pricing Theory.
10, 9
4. Will be able to use the theoretical basis of Efficient Market Hypothesis.
10, 9
A
4.1. Express three different forms of Efficient Market Hypothesis.
10, 9
4.2. Explain which forms of the Efficient Market Hypothesis are operational in the various scenarios that may be given.
10, 9
5. Will be able to explain the basic approach of behavioral finance and technical analysis.
10, 9
A
5.1. Explain the criticisms directed to the classical economics view in behavioral finance studies.
10, 9
5.2. Explain the general approach of technical analysis and some examples.
10, 9
Teaching Methods:
10: Discussion Method, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Return concepts
2
Concepts of risk and risk premium
3
Diversification
4
Building the best portfolio
5
Capital Asset Pricing Theory
6
Arbitrage Pricing Theory
7
Efficient Market Hypothesis
8
Behavioral finance
9
Technical analysis
10
Macroeconomic analysis
11
Sector analysis
12
Stock valuation
13
Financial statements
14
Financial ratios
Resources
1. Bodie, Kane ve Marcus, Essentials of Investments, McGraw-Hill (2023)
Additional Readings
1. Sharpe, Alexander ve Bailey, Investments, Prentice Hall (2023)
2. Weston, Besley, Brigham. (2022) Essentials of Managerial Finance. Dryden
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
(S)he describes theoretical knowledge in economics and finance.
X
2
(S)he explains mathematical and statistical methods needed for economics and finance.
X
3
(S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB).
X
4
(S)he has the foreign language proficiency necessary for economics and finance.
X
5
(S)he develops projects in the field and handles team work.
X
6
(S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach.
X
7
(S)he uses theoretical and practical knowledge on economics and finance.
X
8
(S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1.
X
9
(S)he adopts and uses organizational, corporate and social ethical values.
X
10
(S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity.
X
11
(S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies.
X
12
(S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
40
Rate of Final Exam to Success
60
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
3
42
Guided Problem Solving
14
1
14
Resolution of Homework Problems and Submission as a Report
14
3
42
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
14
2
28
Midterm Exam
14
1
14
General Exam
14
1
14
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
154
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(154/30)
5
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 ANALYSIS and PORTFOLIO MANAGEMENT
-
Fall Semester
3+0
3
5
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
English
Course Level
First Cycle (Bachelor's Degree)
Course Type
Elective
Course Coordinator
Prof.Dr. Serhat YÜKSEL
Name of Lecturer(s)
Assist.Prof. Bilal BAĞIŞ
Assistant(s)
-
Aim
The aim of the course is to have knowledge about the tools and approaches used for the valuation of stocks, which are among the important financial investments, and the theoretical foundations of portfolio management.
Course Content
This course contains; Return concepts,Concepts of risk and risk premium,Diversification,Building the best portfolio,Capital Asset Pricing Theory ,Arbitrage Pricing Theory ,Efficient Market Hypothesis,Behavioral finance,Technical analysis,Macroeconomic analysis ,Sector analysis ,Stock valuation ,Financial statements ,Financial ratios.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to make calculations about risk and return concepts.
10, 9
A
1.1 Use various return concepts.
10, 9
1.2. Provide a numerical definition of portfolio risk.
10, 9
2. Will be able to apply the basic concepts of modern portfolio theory.
10, 9
A
2.1. Demonstrate the importance of diversification in reducing risk with examples.
10, 9
2.2. Use how to build the best portfolio with a single risky asset and a risk-free asset.
10, 9
3. Will be able to use Capital Asset Pricing Theory.
10, 9
A
3.1. Use the equation that is the result of Capital Asset Pricing Theory.
10, 9
3.2. Make a comparison between the expected rate of return information that can be obtained in other ways and the return from Capital Asset Pricing Theory.
10, 9
4. Will be able to use the theoretical basis of Efficient Market Hypothesis.
10, 9
A
4.1. Express three different forms of Efficient Market Hypothesis.
10, 9
4.2. Explain which forms of the Efficient Market Hypothesis are operational in the various scenarios that may be given.
10, 9
5. Will be able to explain the basic approach of behavioral finance and technical analysis.
10, 9
A
5.1. Explain the criticisms directed to the classical economics view in behavioral finance studies.
10, 9
5.2. Explain the general approach of technical analysis and some examples.
10, 9
Teaching Methods:
10: Discussion Method, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Return concepts
2
Concepts of risk and risk premium
3
Diversification
4
Building the best portfolio
5
Capital Asset Pricing Theory
6
Arbitrage Pricing Theory
7
Efficient Market Hypothesis
8
Behavioral finance
9
Technical analysis
10
Macroeconomic analysis
11
Sector analysis
12
Stock valuation
13
Financial statements
14
Financial ratios
Resources
1. Bodie, Kane ve Marcus, Essentials of Investments, McGraw-Hill (2023)
Additional Readings
1. Sharpe, Alexander ve Bailey, Investments, Prentice Hall (2023)
2. Weston, Besley, Brigham. (2022) Essentials of Managerial Finance. Dryden
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
(S)he describes theoretical knowledge in economics and finance.
X
2
(S)he explains mathematical and statistical methods needed for economics and finance.
X
3
(S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB).
X
4
(S)he has the foreign language proficiency necessary for economics and finance.
X
5
(S)he develops projects in the field and handles team work.
X
6
(S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach.
X
7
(S)he uses theoretical and practical knowledge on economics and finance.
X
8
(S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1.
X
9
(S)he adopts and uses organizational, corporate and social ethical values.
X
10
(S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity.
X
11
(S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies.
X
12
(S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field.
