Course Detail
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 | Turkish |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Elective |
| Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
| Name of Lecturer(s) | Assist.Prof. Ali Osman Serdar ÇITAK |
| Assistant(s) | |
| Aim | This course delivers the theoretical framework, tools and the practical issues that are critical for investment analysis and portfolio management. |
| Course Content | This course contains; Basic Concepts of Investment,Financial Investment and Portfolio Concept,Financial Risk Management,Investor Utility Function,Introduction to Portfolio Management,Portfolio Management Theories,Traditional Approach,Mean-Variance Approach,Factor Modeling Approach,Portfolio Performance Measurement,Portfolio Management in Future Markets,Promotion of Portfolio Management Activities in Practice,Promotion of Portfolio Management Companies in Practice,International Markets and Portfolio Management. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to analyze the basic concepts of investment. | 10, 16, 6, 9 | A |
| 1.1. Define basic concepts | 10, 16, 6, 9 | A |
| 1.2. Relate these concepts with the real life. | 10, 16, 6, 9 | A |
| 2. Will be able to understand financial risk management process | 10, 16, 6, 9 | A |
| 2.1. Define financial risk management process | 10, 16, 6, 9 | A |
| 2.2. Evaluate risk management | 10, 16, 6, 9 | A |
| 3. Will be able to analyze basic concepts of portfolio management | 10, 16, 6, 9 | A |
| 3.1. Define basic concepts of portfolio management. | 10, 16, 6, 9 | A |
| 3.2. Evaluate basic concepts of portfolio management. | 10, 16, 6, 9 | A |
| 4. Will be able to analyze stock and fixed-income financial instruments. | 10, 16, 6, 9 | A |
| 4.1. Define basic concepts. | 10, 16, 6, 9 | A |
| 4.2. Evaluate stock and fixed-income financial instruments | 10, 16, 6, 9 | A |
| 5. Will be able to analyze investment decisions and management process | 10, 16, 6, 9 | A |
| 5.1. Evaluate investment decisions. | 10, 16, 6, 9 | A |
| 5.2. Evaluate investment management process | 10, 16, 6, 9 | A |
| 6. Will be able to analyze portfolio management techniques | 10, 13, 16, 6, 9 | A |
| 6.1. Define basic concepts. | 10, 13, 16, 6, 9 | A |
| 6.2. Evaluate portfolio management techniques | 10, 13, 16, 6, 9 | A |
| 7. Will be able to analyze portfolio performance techniques | 10, 13, 16, 6, 9 | A |
| 7.1. Define basic concepts. | 10, 13, 16, 6, 9 | A |
| 7.2. Evaluate portfolio performance techniques. | 10, 13, 16, 6, 9 | A |
| 8. Will be able to analyze portfolio management's sectoral applications | 10, 13, 16, 6, 9 | A |
| 8.1. Evaluate sector applications. | 10, 13, 16, 6, 9 | A |
| 8.2. Performs criticism. | 10, 13, 16, 6, 9 | A |
| Teaching Methods: | 10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Basic Concepts of Investment | Reading relevant sources |
| 2 | Financial Investment and Portfolio Concept | Reading relevant sources |
| 3 | Financial Risk Management | Reading relevant sources |
| 4 | Investor Utility Function | Reading relevant sources |
| 5 | Introduction to Portfolio Management | Reading relevant sources |
| 6 | Portfolio Management Theories | Reading relevant sources |
| 7 | Traditional Approach | Reading relevant sources |
| 8 | Mean-Variance Approach | Reading relevant sources |
| 9 | Factor Modeling Approach | Reading relevant sources |
| 10 | Portfolio Performance Measurement | Reading relevant sources |
| 11 | Portfolio Management in Future Markets | Reading relevant sources |
| 12 | Promotion of Portfolio Management Activities in Practice | Reading relevant sources |
| 13 | Promotion of Portfolio Management Companies in Practice | Reading relevant sources |
| 14 | International Markets and Portfolio Management | Reading relevant sources |
| Resources |
| Aysel Gündoğdu, Uygulamalı Temel Analiz ve Değerleme, Scala Yayınevi, 2023 Benjamin Graham, Akıllı Yatırımcı, Çevirmen: Güneş Yıldız, Epsilon Yayınevi, 2018. Çıtak, Serdar, Finansal Yatırım Analizi, Nobel Yayınları,2016. Gürbüz, A. Osman; Investment Analysis and Portfolio Management, Yaylım Yayıncılık, No: 107, ISBN: 975-7058-78-5, Istanbul, 2004. -Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk; Fundamentals of Investing, 13th Ed., Pearson, 2017. Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann, Modern Portfolio Theory and Investment Analysis, Wiley, 2014 |
| Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann, Modern Portfolio Theory and Investment Analysis, Wiley, 2014 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Defines the theoretical issues in the field of International Trade and Finance (ITF). | X | |||||
| 2 | Describes the necessary quantitative and statistical methods in the field of ITF. | X | |||||
| 3 | Uses at least one computer program in the field of ITF. | ||||||
| 4 | Sustains proficiency in a foreign language required in ITF. | ||||||
| 5 | Prepares trade and finance projects and leads teams. | ||||||
| 6 | Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got. | ||||||
| 7 | Uses theoretical and practical expertise in the field of ITF. | ||||||
| 8 | Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills. | ||||||
| 9 | Adopts organizational / institutional and social ethical values. | ||||||
| 10 | Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary. | ||||||
| 11 | Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies. | X | |||||
| 12 | Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade. | ||||||
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 | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 2 | 10 | 20 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 1 | 15 | 15 | |||
| Midterm Exam | 1 | 27 | 27 | |||
| General Exam | 1 | 36 | 36 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 140 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(140/30) | 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 | Turkish |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Elective |
| Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
| Name of Lecturer(s) | Assist.Prof. Ali Osman Serdar ÇITAK |
| Assistant(s) | |
| Aim | This course delivers the theoretical framework, tools and the practical issues that are critical for investment analysis and portfolio management. |
| Course Content | This course contains; Basic Concepts of Investment,Financial Investment and Portfolio Concept,Financial Risk Management,Investor Utility Function,Introduction to Portfolio Management,Portfolio Management Theories,Traditional Approach,Mean-Variance Approach,Factor Modeling Approach,Portfolio Performance Measurement,Portfolio Management in Future Markets,Promotion of Portfolio Management Activities in Practice,Promotion of Portfolio Management Companies in Practice,International Markets and Portfolio Management. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to analyze the basic concepts of investment. | 10, 16, 6, 9 | A |
| 1.1. Define basic concepts | 10, 16, 6, 9 | A |
| 1.2. Relate these concepts with the real life. | 10, 16, 6, 9 | A |
| 2. Will be able to understand financial risk management process | 10, 16, 6, 9 | A |
| 2.1. Define financial risk management process | 10, 16, 6, 9 | A |
| 2.2. Evaluate risk management | 10, 16, 6, 9 | A |
| 3. Will be able to analyze basic concepts of portfolio management | 10, 16, 6, 9 | A |
| 3.1. Define basic concepts of portfolio management. | 10, 16, 6, 9 | A |
| 3.2. Evaluate basic concepts of portfolio management. | 10, 16, 6, 9 | A |
| 4. Will be able to analyze stock and fixed-income financial instruments. | 10, 16, 6, 9 | A |
| 4.1. Define basic concepts. | 10, 16, 6, 9 | A |
| 4.2. Evaluate stock and fixed-income financial instruments | 10, 16, 6, 9 | A |
| 5. Will be able to analyze investment decisions and management process | 10, 16, 6, 9 | A |
| 5.1. Evaluate investment decisions. | 10, 16, 6, 9 | A |
| 5.2. Evaluate investment management process | 10, 16, 6, 9 | A |
| 6. Will be able to analyze portfolio management techniques | 10, 13, 16, 6, 9 | A |
| 6.1. Define basic concepts. | 10, 13, 16, 6, 9 | A |
| 6.2. Evaluate portfolio management techniques | 10, 13, 16, 6, 9 | A |
| 7. Will be able to analyze portfolio performance techniques | 10, 13, 16, 6, 9 | A |
| 7.1. Define basic concepts. | 10, 13, 16, 6, 9 | A |
| 7.2. Evaluate portfolio performance techniques. | 10, 13, 16, 6, 9 | A |
| 8. Will be able to analyze portfolio management's sectoral applications | 10, 13, 16, 6, 9 | A |
| 8.1. Evaluate sector applications. | 10, 13, 16, 6, 9 | A |
| 8.2. Performs criticism. | 10, 13, 16, 6, 9 | A |
| Teaching Methods: | 10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Basic Concepts of Investment | Reading relevant sources |
| 2 | Financial Investment and Portfolio Concept | Reading relevant sources |
| 3 | Financial Risk Management | Reading relevant sources |
| 4 | Investor Utility Function | Reading relevant sources |
| 5 | Introduction to Portfolio Management | Reading relevant sources |
| 6 | Portfolio Management Theories | Reading relevant sources |
| 7 | Traditional Approach | Reading relevant sources |
| 8 | Mean-Variance Approach | Reading relevant sources |
| 9 | Factor Modeling Approach | Reading relevant sources |
| 10 | Portfolio Performance Measurement | Reading relevant sources |
| 11 | Portfolio Management in Future Markets | Reading relevant sources |
| 12 | Promotion of Portfolio Management Activities in Practice | Reading relevant sources |
| 13 | Promotion of Portfolio Management Companies in Practice | Reading relevant sources |
| 14 | International Markets and Portfolio Management | Reading relevant sources |
| Resources |
| Aysel Gündoğdu, Uygulamalı Temel Analiz ve Değerleme, Scala Yayınevi, 2023 Benjamin Graham, Akıllı Yatırımcı, Çevirmen: Güneş Yıldız, Epsilon Yayınevi, 2018. Çıtak, Serdar, Finansal Yatırım Analizi, Nobel Yayınları,2016. Gürbüz, A. Osman; Investment Analysis and Portfolio Management, Yaylım Yayıncılık, No: 107, ISBN: 975-7058-78-5, Istanbul, 2004. -Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk; Fundamentals of Investing, 13th Ed., Pearson, 2017. Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann, Modern Portfolio Theory and Investment Analysis, Wiley, 2014 |
| Edwin J. Elton, Martin J. Gruber, Stephen J. Brown, William N. Goetzmann, Modern Portfolio Theory and Investment Analysis, Wiley, 2014 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Defines the theoretical issues in the field of International Trade and Finance (ITF). | X | |||||
| 2 | Describes the necessary quantitative and statistical methods in the field of ITF. | X | |||||
| 3 | Uses at least one computer program in the field of ITF. | ||||||
| 4 | Sustains proficiency in a foreign language required in ITF. | ||||||
| 5 | Prepares trade and finance projects and leads teams. | ||||||
| 6 | Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got. | ||||||
| 7 | Uses theoretical and practical expertise in the field of ITF. | ||||||
| 8 | Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills. | ||||||
| 9 | Adopts organizational / institutional and social ethical values. | ||||||
| 10 | Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary. | ||||||
| 11 | Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies. | X | |||||
| 12 | Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |