Information Package / Course Catalogue
Investment Analysis and Portfolio Management
Course Code: LYM512
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 Primary objective is to introduce graduate students the basic concepts of investing, the tools and principles to be able to better understand trading in financial markets. It is also aimed that students will be equipped with the knowledge for portfolio selection, portfolio management and investment evaluation through theoretical methodologies. Through solving the problems it is aimed to develop and increase the skills of the student in the field of investment and portfolio construction.

Course Content

Topics covered are: investment environment, market players, securities markets, portfolio risk and return, efficient diversification, CAPM and APT, Efficient market hypothesis and Behavioral Finance and Technical Analysis.

Name of Lecturer(s)
Lec. Yusuf Ziya ŞİPAL
Learning Outcomes
1.will be able to describe asset classes and financial instruments
2.will be able to explain the mechanism of securities markets and the process of security issuance.
3.will be able calculate risk and return of a single asset or a portfolio with the help of risk and return concepts.
4.will be able to demonstrate the efficient diversification in order to compose an optimal portfolio.
5.will be able to present Capital Asset Pricing Model and Arbitrage Pricing Theory.
Recommended or Required Reading
1.Zvi Bodie, Alex Kane, Alan J. Marcus, “Investments”, McGrawHill – 9. Basım
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction
Week 2 - Theoretical
The Investment Environment: a) Real Assets / Financial Assets b) Financial Markets and the Economy c) Market Players d) Recent Trends
Week 3 - Theoretical
Asset Classes and Financial Instruments: a) The Money Market b) The Bond Market c) Equity Securities d) Stock and Bond Market Indexes e) Derivative Markets
Week 4 - Theoretical
Securities Markets: a) How firms Issue Securities: IPO b) US Securities Markets c) Types of Orders d) Short Sales
Week 5 - Theoretical
Mutual Funds and Other Investment Companies: a) Investment Companies b) Mutual funds c) Cost of Investing in Mutual Funds d) Exchange Traded Funds
Week 6 - Theoretical
Risk and Return: a) The Concept of Risk and Rates of Return in Financial Assets b) Risk and Return analysis c) Risk Premium d) Normal Distribution e) LongTerm Investments
Week 7 - Theoretical
Risk and Return: a) The Concept of Risk and Rates of Return in Financial Assets b) Risk and Return analysis c) Risk Premium d) Normal Distribution e) LongTerm Investments
Week 8 - Theoretical
Value at Risk Calculation
Week 9 - Intermediate Exam
Midterms
Week 10 - Intermediate Exam
Midterms
Week 11 - Theoretical
Problem Solutions
Week 12 - Theoretical
Risk aversion and Capital Allocation to Risky Assets: a) Risk and Risk Aversion b) RiskFree Asset c) Passive Strategies: The Capital Market Line
Week 13 - Theoretical
Index Models: a) The Single Index Model b) Portfolio Construction and the Single Index Model
Week 14 - Theoretical
Capital Asset Pricing Model
Week 15 - Theoretical
Arbitrage Pricing Theory
Week 16 - Final Exam
Finals
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory130339
Individual Work130226
Midterm Examination125126
Final Examination135136
TOTAL WORKLOAD (hours)127
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
3
2
5
2
1
2
4
1
2
2
OÇ-2
3
2
1
2
1
1
1
5
3
OÇ-3
3
4
2
3
2
2
4
1
2
1
OÇ-4
3
1
3
4
4
5
1
5
5
5
OÇ-5
4
3
2
1
3
5
1
4
2
4
Adnan Menderes University - Information Package / Course Catalogue
2026