SYLLABUS
Course Name |
Code |
Semester |
Theory |
Application |
Laboratory |
Local Credits |
ECTS |
|
Investment Analysis and Portfolio Management |
ITF 510 |
Fall/Spring |
3 |
0 |
0 |
3 |
7.5 |
|
Prerequisites |
: |
None |
Course Language |
: |
English |
Course Type |
: |
Elective |
Course Level |
: |
Second Cycle |
Mode of Delivery |
: |
Face to face |
Course Coordinator |
: |
Assoc. Prof. Dr. Coşkun Küçüközmen |
Course Lecturer(s) |
: |
Assoc.Prof. Dr. Coşkun Küçüközmen |
Course Assistants |
: |
|
Course Objectives |
: |
The Primary objective is to introduce graduate students the
basic concepts of investing, the tools and principles to be able to better
understand trading in financial markets. It is also aimed that students will
be equipped with the knowledge for portfolio selection, portfolio management
and investment evaluation through theoretical methodologies. Through solving
the problems it is aimed to develop and increase the skills of the student in
the field of investment and portfolio construction. |
Course Learning Outcomes |
: |
The students who succeeded in this course;
|
Course Content |
: |
Topics covered are: investment environment, market players,
securities markets, portfolio risk and return, efficient diversification,
CAPM and APT, Efficient market hypothesis and Behavioral Finance and
Technical Analysis. |
Recommended Optional Program Components |
: |
None |
Week |
Subjects |
Related Preparation |
1 |
The Investment
Environment |
Zvi Bodie, Alex Kane, Alan J. Marcus,
“Investments”, McGrawHill
– Eighth Edition |
2 |
Asset
Classes and Financial Instruments |
Zvi Bodie, Alex Kane, Alan J. Marcus,
“Investments”, McGrawHill
– Eighth Edition |
3 |
How
Securities Are Traded |
Zvi Bodie, Alex Kane, Alan J. Marcus,
“Investments”, McGrawHill
– Eighth Edition |
4 |
Mutual Funds, Hedge Funds and Other
Investment Companies c)
Hedge Funds |
Zvi Bodie, Alex Kane, Alan J. Marcus,
“Investments”, McGrawHill
– Eighth Edition |
5 |
Risk
and Return |
Zvi Bodie, Alex Kane, Alan J. Marcus,
“Investments”, McGrawHill
– Eighth Edition |
6 |
Value at Risk Calculation |
Zvi Bodie, Alex Kane, Alan J. Marcus,
“Investments”, McGrawHill
– Eighth Edition |
7 |
Problem Solutions |
|
8 |
Mid Term |
|
9 |
Risk Aversion and Capital Allocation to Risky
Assets |
Zvi Bodie, Alex Kane, Alan J. Marcus,
“Investments”, McGrawHill
– Eighth Edition |
10 |
Index Models |
Zvi Bodie, Alex Kane,
Alan J. Marcus, “Investments”,
McGrawHill – Eighth
Edition |
11 |
Capital Asset Pricing Model |
Zvi Bodie, Alex Kane, Alan J. Marcus, “Investments”, McGrawHill – Eighth Edition |
12 |
Arbitrage Pricing
Theory |
Zvi Bodie, Alex Kane, Alan J. Marcus, “Investments”, McGrawHill – Eighth Edition |
13 |
Bond Prices and
Yields a) Bond
Characteristic b)
Bond Pricing c)
Bond Yields d)
Bond Prices over Time e) Default Risk and Bond Pricing |
Zvi Bodie, Alex Kane, Alan J. Marcus, “Investments”, McGrawHill – Eighth Edition |
14 |
Problem Solutions |
|
Course Notes / Textbooks |
: |
Book Chapters and Powerpoint slides |
References |
: |
Financial
Times |
Semester Requirements |
Number |
Percentage of Grade |
Attendance/Participation |
20 |
|
Laboratory |
||
Application |
||
Field Work |
||
Special Course Internship (Work Placement) |
||
Quizzes/Studio Critics |
4 |
10 |
Homework Assignments |
||
Presentation/Jury |
||
Project |
2 |
20 |
Seminar/Workshop |
||
Midterms |
1 |
20 |
Final |
1 |
30 |
Total |
100 |
|
|
||
PERCENTAGE OF SEMESTER WORK |
60 |
|
PERCENTAGE OF FINAL WORK |
40 |
|
TOTAL |
100 |
Course Category (Only one category will
be chosen) |
Core Courses |
|
Major Area Courses |
X |
|
Supportive Courses |
||
Media and Managment Skills Courses |
||
Transferable Skill Courses |
Program Qualifications / Outcomes |
* Level of Contribution |
|||||
1 |
2 |
3 |
4 |
5 |
||
1 |
Reinforcing the quantitative and analytical thinking ability
gained throughout the undergraduate level and to gain critical point of view |
X |
||||
2 |
To gain competency and be adequately equipped about the
financial markets and instruments and to be able to efficiently communicate
and explain them to the industry specialists. |
X |
||||
3 |
To be able to use the basic knowledge gathered from other
fields including managament, mathematics towards financial decision making
and applications by utilizing an interdisciplinary approach and be able to
act consistent with ethical values. |
X |
||||
4 |
To gain conciousness about the universality
of social rights, social justice, quality and cultural values together
with environment protection, occupational health and security. |
X |
||||
5 |
Collecting data, analyze them and
creating solutions to the complicated problems emerging from the complex
structure of the financial decision making process |
X |
||||
6 |
To have a basic understanding about the legal infrastructure
regarding the capital market institutions and instruments, |
X |
||||
7 |
Developing efficient communications skills in accordance with
the social dimension of the program, even though the program is quantitative
oriented. |
X |
||||
8 |
Having a good command of foreign language in order to
communicate efficiently, |
X |
||||
9 |
To acquire necessary skills and background
to comprehend the fundamental software used in financial decision making and
forecasting process. |
X |
||||
10 |
To carry out and take responsibility in the projects belong to
the field and identify appropriate aims and targets. |
|||||
*1
Lowest, 2 Low, 3 Average, 4 High, 5 Highest
Activities |
Number |
Duration (Hours) |
Total Workload |
Course Hours (Including Exam Week: 16 x Total Hours) |
16 |
3 |
48 |
Laboratory |
|||
Application |
|||
Special Course Internship (Work Placement) |
|||
Field Work |
|||
Study Hours Out of Class |
16 |
3 |
48 |
Presentations / Seminar |
2 |
15 |
30 |
Project |
2 |
20 |
40 |
Homework Assignments |
|||
Quizzes |
4 |
4 |
16 |
Midterms |
1 |
20 |
20 |
Final |
1 |
23 |
23 |
|
|
Total Workload |
225 |