Information Package / Course Catalogue
| Psychology | |||||
| Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
ECTS Course Information Package
| School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | |||||
| Course Code | FIN 333 | |||||
| Course Title in English | Investments and Portfolio Management | |||||
| Course Title in Turkish | Yatırımlar ve Portföy Yönetimi | |||||
| Language of Instruction | EN | |||||
| Type of Course | Ters-yüz öğrenme | |||||
| Level of Course | Orta | |||||
| Semester | Fall | |||||
| Contact Hours per Week |
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| Estimated Student Workload | 137 hours per semester | |||||
| Number of Credits | 5 ECTS | |||||
| Grading Mode | Standard Letter Grade | |||||
| Pre-requisites |
MATH 203 - Probability and Statistics for Social Sciences I FIN 202 - Finance |
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| Co-requisites | None | |||||
| Expected Prior Knowledge | Students are expected to have some idea/interest on common financial instruments and knowledge on basic statistics (mean, variance, covariance, regression analysis etc.) and finance. Familiarity with excel is also helpful. | |||||
| Registration Restrictions | Only Undergraduate Students | |||||
| Overall Educational Objective | To understand the characteristics of different financial assets and concepts of modern portfolio theory such as maximizing expected return under certain amount of risk. | |||||
| Course Description | This is an introductory course focusing both on theory and practical applications of investing and portfolio management. The course will provide knowledge about financial markets, different asset classes (particularly equities and bonds), the relations between risk & return, importance of diversification and behavioral finance. The course will be helpful for students who aim to start a career on portfolio management and/or to improve decision making process as an individual investor. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) explain the functioning of financial markets and characteristics of different types of financial assets particularly equities and bonds 2) understand the benefits/importance of portfolio diversification 3) know the relations between risk and return and evaluate risk adjusted portfolio return; 4) apply different valuation models to evaluate financial assets 5) know the impact of behavioral biases on portfolio decisions; 6) understand CFA curriculum. |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| 1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | ||||||
| 2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | ||||||
| 3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | ||||||
| 4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | ||||||
| 5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | ||||||
| 6) Internalization and dissemination of professional ethical standards. | ||||||
| 7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | ||||||
| 8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | ||||||
| 9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | ||||||
| 10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | ||||||
| 11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | ||||||
| 12) Ability to acquire knowledge independently, and to plan one’s own learning. | ||||||
| 13) Demonstration of advanced competence in the clarity and composition of written work and presentations. |
Relation to Program Outcomes and Competences
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | N | |
| 2) | Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | N | |
| 3) | Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | H | Exam,Homework,Derse Katılım |
| 4) | Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | N | |
| 5) | Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | N | |
| 6) | Internalization and dissemination of professional ethical standards. | N | |
| 7) | Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | N | |
| 8) | Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | N | |
| 9) | Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | S | Derse Katılım |
| 10) | Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | S | Homework,Derse Katılım |
| 11) | Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | N | |
| 12) | Ability to acquire knowledge independently, and to plan one’s own learning. | S | Exam,Homework |
| 13) | Demonstration of advanced competence in the clarity and composition of written work and presentations. | H | Exam,Homework |
| Prepared by and Date | MERVE ÖZ , February 2024 |
| Course Coordinator | CEYHAN MUTLU |
| Semester | Fall |
| Name of Instructor | Öğr. Gör. BEHLUL KATAS |
Course Contents
| Week | Subject |
| 1) | Introduction (Bodie, Kane, Marcus Part 1) |
| 2) | Portfolio Theory and Practice & Behavioral Finance (Bodie, Kane, Marcus Part 2-3) |
| 3) | Portfolio Theory and Practice & Behavioral Finance (Bodie, Kane, Marcus Part 2-3) |
| 4) | Security Analysis (Bodie, Kane, Marcus Part 5) |
| 5) | Security Analysis (Bodie, Kane, Marcus Part 5) |
| 6) | Mid-term |
| 7) | Fixed-Income Securities (Bodie, Kane, Marcus Part 5) |
| 8) | Fixed-Income Securities (Bodie, Kane, Marcus Part 5) |
| 9) | Portfolio Performance Evaluation (Bodie, Kane, Marcus Part 7) |
| 10) | The Theory of Active Portfolio Management & Investment Policy and Framework of CFA Institute |
| 11) | Derivative Investments (Bodie, Kane, Marcus Part 7) |
| 12) | Derivative Investments (Bodie, Kane, Marcus Part 7) |
| 13) | Review of a topic & group presentations |
| 14) | Review of a topic & group presentations |
| 15) | Final Examination Period |
| 16) | Final Examination Period |
| Required/Recommended Readings | Course Textbook (mandatory): Investments (11th Edition by Bodie, Kane and Marcus), McGraw Hill Publications Besides there will be other readings, which are mostly from CFA Program curriculum. Students are also highly recommended to follow at least some of the Turkish and International publications/websites such as Bloomberg, Financial Times, Wall Street Journal, Forbes and etc as we may occasionally discuss ongoing events in the financial markets. | |||||||||||||||||||||
| Teaching Methods | Classes are mainly a complement to the textbook and hence students are expected to be well prepared to lectures through reading the material before the class. The readings and lectures will be helpful for students to understand the essential parts of portfolio management processes. As the course also mainly aims to give a strong sense ofreal-life practices classroom discussions will be a key element of lectures. Every student is free and encouraged to ask questions, share their views/ideas on discussed topic/case. | |||||||||||||||||||||
| Homework and Projects | There will be five homework assignments and one group project. Homework assignments will be done individually. Details of the group project will be announced later by the instructor. Each group will consist of maximum four members and every student will present their own part. There will be a peer evaluation of the group members. | |||||||||||||||||||||
| Laboratory Work | None | |||||||||||||||||||||
| Computer Use | Personal laptop | |||||||||||||||||||||
| Other Activities | None | |||||||||||||||||||||
| Assessment Methods |
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| Course Administration |
katasb@mef.edu.tr The instructor may act as facilitator for class/group discussions and observe how each student contributes / adds value to the discussed topic. The topic may either cover previous material or assigned new material from videos and book chapters. Homework, if assigned, must be submitted on time and in the requested format. Late submission will not be accepted. This is a flipped course where each student is expected to read assigned material and watch videos in advance, follow class and Blackboard, and actively participate. If you are sick on the day of the exam you need to submit a legitimate doctor’s report explicitly stating that your excuse prevents you from taking the exam in line with university regulations. Academic dishonesty and plagiarism will be subject to the YÖK disciplinary regulation. |
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ECTS Student Workload Estimation
| Activity | No/Weeks | Hours | Calculation | ||||
| No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
| Course Hours | 14 | 2 | 3 | 1 | 84 | ||
| Presentations / Seminar | 6 | 5 | 30 | ||||
| Midterm(s) | 1 | 8 | 2 | 10 | |||
| Final Examination | 1 | 10 | 3 | 13 | |||
| Total Workload | 137 | ||||||
| Total Workload/25 | 5.5 | ||||||
| ECTS | 5 | ||||||