Information Package / Course Catalogue
Stockexchange Operations
Course Code: MKS229
Course Type: Required
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 2
Prt.: 0
Credit: 2
Lab: 0
ECTS: 3
Objectives of the Course

This course aims to enable students to acquire the competence to trade in stock markets by learning the structure of Borsa Istanbul, trading rules, fundamental stock market concepts, and investment instruments through theoretical, applied, and practical study.

Course Content

This course covers the structure, operations, and fundamental transactions of Borsa Istanbul, one of the most important components of capital markets. Students begin with the historical development, organizational structure, legislation, and basic concepts of stock exchanges. They then proceed to study stock market segments, indices, types of orders, trading rules, initial public offerings (IPOs), dividend payments, capital increase procedures, and various investment instruments such as investment funds, warrants, and bonds. Throughout the course, students are also introduced to advanced market tools including KAP (Public Disclosure Platform) announcements, clearing and custody mechanisms, basic technical analysis, and the Futures and Options Market (VİOP). In addition to theoretical knowledge, the course is supported by practical applications such as Borsa Istanbul trading screens, order placement simulations, KAP disclosure analysis, and Excel-based exercises. These hands-on activities enable students to apply theoretical concepts in real-market conditions. By the end of the course, students acquire fundamental competencies in stock market transactions and take the first steps toward becoming conscious investors in capital markets.

Name of Lecturer(s)
Learning Outcomes
1.Explains the structure, functioning, and regulations of Borsa Istanbul.
2.Interprets indices, analyzes Public Disclosure Platform (PDP) notifications, and evaluates key corporate events (IPOs, dividends, rights issues, etc.).
3.Identifies stock exchange investment instruments (shares, funds, warrants, bonds) and compares their key features; explains the fundamental logic of VİOP.
4.Applies the fundamentals of technical analysis and develops a basic awareness of portfolio risk management.
5.Acquires practical skills sufficient to perform basic buying and selling transactions.
Recommended or Required Reading
1.Borsa Istanbul Official Training Materials and KAP Guides (https://www.borsaistanbul.com/piyasalar/pay-piyasasi/piyasa-isleyisi)-(kap.gov.tr)
2.Çepni E. (2015). Guide to Economic and Financial Indicators. Seçkin Publishing. (Ankara)
3.Kaderli Y. (2019), Basic Stock Market Training. Aydın Tuna Matbaacılık San. ve Tic. Ltd. Şti. ISBN: 978-625-409-240-4
4.Sağman M. (2022). You Don't Gamble on the Stock Market., Humanist Ajans A.Ş.-Istanbul ISBN: 978-625-7615-17-4
Weekly Detailed Course Contents
Week 1 - Theoretical
The concept of the stock exchange, its historical development, and its objectives.
Week 1 - Preparation Work
Stock exchange concept, historical development and objectives of the stock market | Review Borsa Istanbul official website. Watch short videos on “What is a stock exchange?”.
Week 2 - Theoretical
Borsa İstanbul'un düzeni, organizasyon yapısı ve mevzuatı (SPK, Takasbank, MKK)
Week 2 - Preparation Work
Establishment, organizational structure and regulations of Borsa Istanbul (SPK, Takasbank, MKK) | Read Borsa Istanbul “About Us” page. Learn basic information about SPK and Takasbank.
Week 3 - Theoretical
Market types, traded instruments, and markets
Week 3 - Preparation Work
Types of markets, traded instruments and trading venues | Study capital market instruments infographics. Note differences between stocks, bonds, and derivatives.
Week 4 - Theoretical
Index concepts, BIST indices, and their programming
Week 4 - Preparation Work
Index concept, BIST Indices and their calculation | Check current values of BIST 100 and BIST 30. Research index calculation methodology.
Week 5 - Theoretical
Order types and order placement rules
Week 5 - Preparation Work
Order types and order placement rules | Read Borsa Istanbul order types document. Study examples of limit, market, and stop orders.
Week 6 - Theoretical
Initial public offering, listing procedures, and requirements for trading on the stock exchange
Week 6 - Preparation Work
IPOs, listing procedures and requirements for trading on the exchange | Research recent IPO examples from the last 2-3 years.
Week 7 - Theoretical
Brokerage firms, clearing and settlement system
Week 7 - Preparation Work
Brokerage firms, clearing and custody system | Watch videos explaining the roles of Takasbank and MKK.
Week 8 - Theoretical
Primary market data sources (KAP, BIST notifications, and news analysis)
Week 8 - Preparation Work
Primary market data sources (KAP, BIST announcements and news analysis) | Register on KAP website and review one company disclosure.
Week 9 - Theoretical
Shares, dividends, paid/bonus capital increases
Week 9 - Preparation Work
Equities, dividends, capital increases (paid-in / bonus) | Examine examples of companies’ dividend policies.
Week 10 - Theoretical
Exchange-Traded Funds (ETFs), warrants, and certificates market
Week 10 - Preparation Work
Exchange Traded Funds (ETFs), warrants and certificates market | Analyze the portfolio and performance of one ETF.
Week 11 - Theoretical
Debt securities market
Week 11 - Preparation Work
Debt instruments market summarize types of bonds and their relationship with interest rates.
Week 12 - Theoretical
Precious metals and precious stones market, Session rules, daily bulletin.
Week 12 - Preparation Work
Precious metals and gemstones market, session rules, daily bulletin | Review Borsa Istanbul Precious Metals Market page.
Week 13 - Theoretical
Fundamentals of technical analysis and introduction to fundamental analysis
Week 13 - Preparation Work
Explore the fundamentals of technical analysis, the basics of fundamental analysis, and key technical indicators (MA, RSI, MACD). Learn about drawing tools by examining free analysis platforms.
Week 14 - Theoretical
Futures and options market (VİOP), fundamental concepts, and live session monitoring
Week 14 - Preparation Work
Futures and options market (VİOP), basic concepts and live session tracking | List contract types traded on VİOP. Watch a live trading session video.
Assessment Methods and Criteria
Type of AssessmentCountPercent
Assignment1%10
Quiz1%5
Midterm Examination1%25
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141242
Assignment1404
Reading3116
Quiz1213
Midterm Examination1617
Final Examination112113
TOTAL WORKLOAD (hours)75
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
5
1
5
5
2
1
OÇ-2
5
2
5
5
3
1
3
OÇ-3
5
2
5
4
3
2
OÇ-4
5
3
5
3
4
1
5
OÇ-5
5
5
5
3
3
1
5
Adnan Menderes University - Information Package / Course Catalogue
2026