MUF616 - INVESTMENT ANALYSIS and PORTFOLIO MANAGEMENT
| Course Name | Code | Semester | Theory (hours/week) |
Application (hours/week) |
Credit | ECTS |
|---|---|---|---|---|---|---|
| INVESTMENT ANALYSIS and PORTFOLIO MANAGEMENT | MUF616 | 2nd Semester | 3 | 0 | 3 | 6 |
| Prequisites | None | |||||
| Course language | Turkish | |||||
| Course type | Elective | |||||
| Mode of Delivery | Face-to-Face | |||||
| Learning and teaching strategies | Lecture Discussion Question and Answer Preparing and/or Presenting Reports Case Study Problem Solving | |||||
| Instructor (s) | Accounting and Finance Department Members | |||||
| Course objective | The aim of this course is to understand how to build portfolios and measure riskiness of a portfolio by making basic and technical analysis. | |||||
| Learning outcomes |
| |||||
| Course Content | Financial Theories, Portfolio Management, Fundamental and Technical Analysis, Derivatives and Behavioral Finance. | |||||
| References | - Mehmet Baha Karan,?Yatırım Analizi ve Portföy Yönetimi?, İkinci Baskı Gazi Yayınevi, 2004, 975-7313-99-8. - Sharpe, Alexander and Bailey, ?Investments?, Prentice Halls, 0-13-183344-8. - Elton and Gruber, ?Modern Portfıolio Theory and Investment Analysis,? Wiley, 0-471-00743-9. | |||||
Course outline weekly
| Weeks | Topics |
|---|---|
| Week 1 | Investment environment and players of financial markets |
| Week 2 | Security exchange markets, capital markets of Turkey and Istanbul Stock Exchange- |
| Week 3 | Interest rates, term structures of interest rates, time value of money, portfolio risk and return structure |
| Week 4 | Efficient frontier, portfolio selection, capital asset pricing model |
| Week 5 | Factor models, arbitrage pricing theory |
| Week 6 | Efficient markets hypothesis and anomalies |
| Week 7 | Mid-term Exam |
| Week 8 | Common stocks, common stock market of Istanbul Security Exchange, valuations of stocks |
| Week 9 | Securities and security valuation |
| Week 10 | Fundamental analysis and financial statement analysis |
| Week 11 | Technical analysis and portfolio management strategies |
| Week 12 | Futures contracts, options and option valuation |
| Week 13 | Measurement of portfolio performance |
| Week 14 | Behavioral finance |
| Week 15 | Review |
| Week 16 | Final Exam |
Assesment methods
| Course activities | Number | Percentage |
|---|---|---|
| Attendance | 14 | 5 |
| Laboratory | 0 | 0 |
| Application | 0 | 0 |
| Field activities | 0 | 0 |
| Specific practical training | 0 | 0 |
| Assignments | 0 | 0 |
| Presentation | 1 | 35 |
| Project | 0 | 0 |
| Seminar | 0 | 0 |
| Midterms | 1 | 20 |
| Final exam | 1 | 40 |
| Total | 100 | |
| Percentage of semester activities contributing grade succes | 16 | 60 |
| Percentage of final exam contributing grade succes | 1 | 40 |
| Total | 100 | |
WORKLOAD AND ECTS CALCULATION
| Activities | Number | Duration (hour) | Total Work Load |
|---|---|---|---|
| Course Duration (x14) | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Specific practical training | 0 | 0 | 0 |
| Field activities | 0 | 0 | 0 |
| Study Hours Out of Class (Preliminary work, reinforcement, ect) | 14 | 5 | 70 |
| Presentation / Seminar Preparation | 1 | 20 | 20 |
| Project | 0 | 0 | 0 |
| Homework assignment | 0 | 0 | 0 |
| Midterms (Study duration) | 1 | 15 | 15 |
| Final Exam (Study duration) | 1 | 28 | 28 |
| Total Workload | 31 | 71 | 175 |
Matrix Of The Course Learning Outcomes Versus Program Outcomes
| D.9. Key Learning Outcomes | Contrubition level* | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1. Conducts novel and ethical research on business, reports outcomes in a critical manner. | X | ||||
| 2. Solves problems via appropriate softwares, adapts to new methods and software. | X | ||||
| 3. Has managerial and leadership skills to identify problems, objectives and strategic plans for organizational progress with a critical point of view. | X | ||||
| 4. Plays an active role in projects, analyses relationship between stakeholders accurately, motivates and manages all stakeholders through effective language skills. | X | ||||
| 5. Has necessary communication skills to manage verbal and written communication. | X | ||||
| 6. Analyses and uses contemporary and advanced knowledge in relation with information from different areas. | X | ||||
| 7. Progresses continuously and transfers the experience in both written and verbal ways. | X | ||||
| 8. Through anticipation and strategic thinking, plays an active role in organizational decision making process. | X | ||||
| 9. Uses knowledge in consistency with the ethical, social and international values in an unbiased manner. | X | ||||
| 10. Has expertise on the multi-disciplinary nature of management and related fields. | X | ||||
| 11. Approaches problems with a wide strategic perspective, self-develops continuously. | X | ||||
| 12. Shares novel studies, is up to date both in knowledge and personal network. | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest