Information Package / Course Catalogue
Financial Markets and Institutions
Course Code: BSN206
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: 2
Objectives of the Course

This course aims to introduce financial markets, the instruments traded in these markets, and financial institutions, which constitute the fundamental components of the financial system. Students will gain theoretical and practical knowledge about money markets, capital markets, derivative markets, and international financial markets.

Course Content

This course covers the general structure of the financial system, the types of financial markets (money markets, capital markets, foreign exchange markets, and derivative markets), the fundamental financial instruments used in these markets, and the functions of financial institutions (banks, intermediary institutions, insurance companies, funds, the Capital Markets Board (CMB), the Central Bank of the Republic of Türkiye (CBRT), etc.). Students will learn the role of financial markets in the economy, their regulatory frameworks, and current developments, thereby gaining fundamental competencies in the financial sector. In addition to theoretical knowledge, the course is supported by real market examples, institutional analyses, and basic practical exercises. It aims to develop students as informed and responsible financial decision-makers.

Name of Lecturer(s)
Learning Outcomes
1.Explains the structure of the financial system and the types of financial markets.
2.Compares money markets, capital markets, foreign exchange markets, and derivative markets.
3.Defines basic financial instruments (stocks, bonds, notes, repos, forwards, futures, options, etc.) and explains their characteristics.
4.It analyzes the activities of institutions traded on financial markets.
5.Explains regulatory and supervisory mechanisms in financial markets (Capital Markets Board (CMB), Banking Regulation and Supervision Agency (BRSA), Central Bank of the Republic of Türkiye (CBRT)).
6.Uses real market data to interpret financial institutions and markets at a basic level.
7.Identifies types of risks in financial markets and explains fundamental risk management approaches.
Recommended or Required Reading
1.Para Banka ve Finansal Piyasalar EZGİ KİTABEVİ Prof. Dr. M. İlker Parasız
2.Borsa İstanbul Resmi Eğitim Materyalleri ve KAP Rehberleri (https://www.borsaistanbul.com/piyasalar/pay-piyasasi/piyasa-isleyisi)-(kap.gov.tr)
3.SPK, TCMB, BDDK yayınları
Weekly Detailed Course Contents
Week 1 - Theoretical
Structure of the financial system and fundamental concepts
Week 1 - Preparation Work
Research the functions of the financial system. Watch the 8–10 minute video titled ‘Financial System Overview.’ Write an essay about the importance of financial markets.
Week 2 - Theoretical
Money markets and money market instruments (Repo, Reverse Repo, Deposits)
Week 2 - Preparation Work
Research the differences between money markets and capital markets. Watch the video titled ‘Money Market and Capital Market.’ List examples of financial instruments.
Week 3 - Theoretical
Capital markets and capital market instruments
Week 3 - Preparation Work
Research primary and secondary markets. Watch the video titled ‘Primary vs Secondary Markets.’ Create a table showing the differences between them.
Week 4 - Theoretical
Borsa İstanbul and capital market institutions
Week 4 - Preparation Work
Research different types of bonds and notes. Take notes on their characteristics. Watch the video explaining the relationship between bond value and market interest rates.
Week 5 - Theoretical
Bond, bill, and debt securities markets
Week 6 - Theoretical
Stock markets and initial public offering (IPO) processes
Week 6 - Preparation Work
Conduct a brief research on types of stocks and examine examples of initial public offerings (IPOs) from the past two years.
Week 7 - Theoretical
Foreign exchange markets and foreign exchange transactions
Week 7 - Preparation Work
Research the structure of the foreign exchange market.
Week 8 - Theoretical
Financial institutions: The Central Bank of the Republic of Türkiye (CBRT)
Week 8 - Preparation Work
Research the functions of commercial banks. Watch the video titled ‘Functions of Commercial Banks.’ Examine the roles of deposits and loans.
Week 9 - Theoretical
Commercial banks and banking operations
Week 10 - Theoretical
Intermediary institutions, investment funds, and portfolio management companies
Week 10 - Preparation Work
Research investment banks and development banks. Watch a video related to the topic. Take notes on the differences between them.
Week 11 - Theoretical
Insurance companies and pension funds, Exchange Traded Funds (ETFs), and TEFAS funds
Week 11 - Preparation Work
Visit and review the TEFAS website. Examine the risk distribution report and summary content of any selected fund.
Week 12 - Theoretical
Introduction to derivative markets (Futures, Options, Swaps)
Week 12 - Preparation Work
Research the concept of the underlying asset and take notes. Provide 2–3 examples of derivative instruments and briefly explain their underlying assets.
Week 13 - Theoretical
International financial markets and global institutions (IMF, World Bank, etc.)
Week 13 - Preparation Work
Research institutions such as the IMF and the World Bank. Watch the video titled ‘Global Financial Institutions.’ Summarize their relationship with Türkiye.
Week 14 - Theoretical
Regulation, supervision, and risk management in financial markets and general evaluation
Week 14 - Preparation Work
Research the concept of risk profile and, based on the knowledge you have gained over the past 14 weeks, develop your personal portfolio strategy for three different scenarios that reflect changing economic conditions.
Assessment Methods and Criteria
Type of AssessmentCountPercent
Assignment1%5
Quiz1%5
Midterm Examination1%30
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141242
Assignment1101
Quiz1101
Midterm Examination1303
Final Examination1617
TOTAL WORKLOAD (hours)54
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
PÇ-11
PÇ-12
PÇ-13
PÇ-14
OÇ-1
4
1
2
1
5
1
3
1
1
2
1
1
OÇ-2
4
2
3
1
5
2
4
2
1
2
1
1
OÇ-3
4
2
3
1
5
2
4
2
1
2
1
1
OÇ-4
3
2
3
2
5
2
5
2
1
3
1
2
OÇ-5
3
5
2
1
4
1
3
1
1
5
1
1
1
OÇ-6
3
2
3
2
5
3
5
2
2
3
1
2
OÇ-7
3
2
5
2
4
2
5
2
2
4
1
2
Adnan Menderes University - Information Package / Course Catalogue
2026