Information Package / Course Catalogue
Capital Markets and Derivatives
Course Code: BFN551
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
Objectives of the Course

The goal of this course is to introduce the functions of financial markets and capital markets. Besides, another goal is to explain agents as intermediaries in the capital markets and financial instruments trading at the market. Moreover, it is aimed to identify international portfolio investments and risk measurement subjects in this course.

Course Content

The content of Capital Markets course includes the definition and functions of capital markets and money markets, financial institutions and their functions, risks and returns of capital market investment instruments, fundamental and technical analysis, efficient market hypothesis, capital asset pricing model, option pricing model, international portfolio management, derivative markets, risk measurement techniques, and behavioral finance.

Name of Lecturer(s)
Learning Outcomes
1.Understands the functions and economic effects of money and capital markets.
2.Can explain the mechanism, legal structure, management and the importance for capital markets of financial institutions.
3.Can explain capital market investment instruments according to risk and return aspects.
4.Can explain fundamental and technique analysis considering efficient market hypothesis, capital asset pricing model, arbitrage pricing model, efficient frontier and optimal portfolio.
5.Can analyses option pricing models.
6.Being able to explain the approaches of behavioral finance which reveal investor decisions in the capital markets.
Recommended or Required Reading
1.Turhan Korkmaz ve Ali Ceylan, Sermaye Piyasası ve Menkul Değer Analizi, 5. Baskı, Ekin Kitabevi, Bursa, 2010.
Weekly Detailed Course Contents
Week 1 - Theoretical
Financial markets and their functions.
Week 2 - Theoretical
Financial institutions and their functions.
Week 3 - Theoretical
Financial institutions and their functions.
Week 4 - Theoretical
Calculating the risks and returns of capital market instruments.
Week 5 - Theoretical
Valuation of common stock and bonds.
Week 6 - Theoretical
Efficient market hypothesis and analysis types.
Week 7 - Theoretical
Characteristics of derivatives and some calculations about derivatives.
Week 8 - Intermediate Exam
Mid-term
Week 9 - Theoretical
Derivatives and their importance considering risk management.
Week 10 - Theoretical
Traditional and modern portfolio management.
Week 11 - Theoretical
Traditional and modern portfolio management.
Week 12 - Theoretical
Value at risk calculations.
Week 13 - Theoretical
Behavioral finance.
Week 14 - Theoretical
Behavioral finance.
Week 15 - Theoretical
Capitalizing and its effects on financial markets.
Week 16 - Final Exam
Final
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work35427
Midterm Examination110111
Final Examination116117
TOTAL WORKLOAD (hours)125
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
OÇ-1
4
3
4
5
4
3
4
3
4
OÇ-2
3
4
5
4
3
4
5
4
3
OÇ-3
4
3
5
4
3
4
3
4
3
OÇ-4
3
4
5
5
4
4
3
4
3
OÇ-5
3
4
5
4
3
4
5
4
3
OÇ-6
3
5
4
5
4
3
4
3
4
Adnan Menderes University - Information Package / Course Catalogue