Information Package / Course Catalogue
| Course Code | : UTFY508 |
| Course Type | : Area Elective |
| Couse Group | : Second Cycle (Master's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
The aim of this course is to teach the basic features, functioning and pricing mechanisms of derivative products used in financial markets; The aim is to understand how these products are used for risk management, speculation and arbitrage purposes. It aims to analyze the practical applications as well as the theoretical structure of contracts such as Alivre, futures, options and swaps. Thus, the participant gains basic knowledge and application skills regarding derivative products.
In this course, the definition of derivative products and market functioning, forward and futures contracts, option types and pricing, swap agreements, hedging strategies and carrying cost concepts are discussed. Additionally, option strategies, arbitrage opportunities and the structure of futures and options exchanges are examined in detail. The participant learns the functions of these tools at both theoretical and practical levels.
| 1. | Explains the basic concepts of derivative products and understands their place in financial markets. |
| 2. | Analyzes the structure and functioning of forward, futures, option and swap contracts. |
| 3. | Applies pricing methods of derivative products and interprets them with market data. |
| 4. | It uses derivative instruments for hedging, speculation and arbitrage purposes. |
| 5. | Evaluates the functioning of futures and options exchanges and explains the transaction processes. |
| 1. | Türev Piyasalar e Türev Araçlar, Dr. Öğr. Üyesi Beyhan Yaslıdağ, Seçkin Yayıncılık, 2.Baskı Temmeuz 2021 |
| 2. | Finansal Risk Yönetimi, Prof. Dr. Burak Saltoğlu, Yazarın Kendi Yayını, 1.Baskı, Ocak 2020 |
| 3. | Türev Ürünler ve Vadeli İşlemler Piyasaları – Prof. Dr. Halil Seyidoğlu |
| 4. | Options, Futures, and Other Derivatives – John C. Hull (Global standard textbook) |
| 5. | Derivatives Markets – Robert L. McDonald |
| 6. | Fundamentals of Futures and Options Markets – John C. Hull |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %30 |
| Final Examination | 1 | %70 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 3 | 3 | 84 |
| Midterm Examination | 1 | 20 | 1 | 21 |
| Final Examination | 1 | 20 | 1 | 21 |
| TOTAL WORKLOAD (hours) | 126 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | |
OÇ-1 | 3 | 4 | 3 | 3 | 4 |
OÇ-2 | 3 | 4 | 5 | 2 | 4 |
OÇ-3 | 2 | 5 | 4 | 3 | 4 |
OÇ-4 | 5 | 4 | 3 | 3 | 4 |
OÇ-5 | 3 | 3 | 4 | 5 | 4 |