Information Package / Course Catalogue
| Business Administration | |||||
| Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
Ders Genel Tanıtım Bilgileri
| School/Faculty/Institute | Faculty of Econ., Admin. 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 | Select | |||||
| Level of Course | Intermediate | |||||
| 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 |
FIN 202 - Finance MATH 203 - Probability and Statistics for Social Sciences I |
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| 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. | |||||
| Co-requisites | None | |||||
| 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 Description in Turkish | Bu ders yatırım ve portföy yönetimi alanlarının teorisine ve pratik uygulamalarına giriş niteliğindedir. Ders finansal piyasalar, çeşitli finansal araçlar (özellikle hisse senedi ve sabit getirili araçlar), risk ve getiri kavramları arasındaki ilişki, portföy çeşitlendirmesi ve davranışsal finans konuunda bilgi sağlar. Ders özellikle portföy yönetimi alanında kariyer planlayan ve bireysel yatırımcı olarak krar alma süreçlerini geliştirmek isteyen öğrenciler için fayda sağlayacaktır. |
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) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | ||||||
| 2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | ||||||
| 3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | ||||||
| 4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | ||||||
| 5) Demonstrates individual and professional ethical behavior and social responsibility | ||||||
| 6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | ||||||
| 7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | ||||||
| 8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | ||||||
| 9) Displays computer proficiency to support problem solving and decision-making | ||||||
| 10) Demonstrates teamwork, leadership, and entrepreneurial skills | ||||||
| 11) Displays learning skills necessary for further study with a high degree of autonomy |
Relation to Program Outcomes and Competences
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | S | Participation |
| 2) | Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | H | Project |
| 3) | Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | H | Exam |
| 4) | Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | S | Participation |
| 5) | Demonstrates individual and professional ethical behavior and social responsibility | S | Project |
| 6) | Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | N | |
| 7) | Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | H | Project |
| 8) | Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | H | Project |
| 9) | Displays computer proficiency to support problem solving and decision-making | H | Project |
| 10) | Demonstrates teamwork, leadership, and entrepreneurial skills | H | Project |
| 11) | Displays learning skills necessary for further study with a high degree of autonomy | H | Project |
| Prepared by and Date | BEHLUL KATAS , |
| Course Coordinator | CEYHAN MUTLU |
| Semester | Fall |
| Name of Instructor |
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 | ||||||||||||||||||||||
| Computer Use | Personal laptops | |||||||||||||||||||||
| Other Activities | ||||||||||||||||||||||
| Assessment Methods |
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| Course Administration |
katasb@mef.edu.tr |
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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 | ||||||