To give information to students about financial risks, measuring expected return, calculating portfolio risk and return, financial risk management, risk management process, interest rate risk management, exchange rate risk management, market risk management, traditional risk management tools and derivative products; and to improve students’ ability of interpretation and analysis on these topics.
20
Contribution of the Course to Professional Development
To have knowledge about financial risks and financial risk management issues and applications.
21
Learning Outcomes:
1
To be able to define risk and explain the concept of risk management.;
2
To be able to calculate the risk an return of a single asset or a portfolio.;
3
To be able to compare the theories that has led to current risk management practises.;
4
To be able to have a knowledge of how derivative products work and how they are used.;
5
To be able to be familiar with most of the products that are likely to encounter in financial markets and compare them.;
6
To be able to explain the macroeconomic and political risk and how to manage these.;
7
To be able to follow new developments in the field such as endogenous risk and exogenous risk.;
22
Course Content:
Week
Theoretical
Practical
1
Financial Risk and Sources of Risk
2
Financial Risk and Measuring Expected Return
3
Calculating Portfolio Risk and Return
4
Financial Risk Management: Definition, Purpose, Process
5
Traditional Hedging Methods: Diversification, Insurance, Factoring, Forfaiting and Export Credit Insurance
6
Risk Management with Derivatives Products
7
Risk Management with Futures Contracts and Forward Contracts
8
Risk Management with Swap Contracts and Option Contracts
9
Management of Derivatives Products Risk
10
Interest Rate Risk Management
11
Exchange Rate Risk Management
12
Credit Risk Management
13
Managment of Other Financial Risks: Price, Liquidity and Operational Risk Management
14
Country Risk and International Risk Management
23
Textbooks, References and/or Other Materials:
1. Burak SALTOĞLU, Finansal Risk Yönetimi, 2020. 2. Mehmet Baha KARAN, Yatırım Analizi ve Portföy Yönetimi, 2020. 3. Adem ANBAR - Lale KARABIYIK, Sermaye Piyasası ve Yatırım Analizi, 2018. 4. John C. Hull, Options, Futures, and Other Derivatives, 2014.
24
Assesment
TERM LEARNING ACTIVITIES
NUMBER
PERCENT
Midterm Exam
0
0
Quiz
0
0
Homeworks, Performances
2
50
Final Exam
1
50
Total
3
100
Contribution of Term (Year) Learning Activities to Success Grade
50
Contribution of Final Exam to Success Grade
50
Total
100
Measurement and Evaluation Techniques Used in the Course
classical written exam + project/homework evaluation
Information
%50 homework + %50 final exam
25
ECTS / WORK LOAD TABLE
Activites
NUMBER
TIME [Hour]
Total WorkLoad [Hour]
Theoretical
14
3
42
Practicals/Labs
0
0
0
Self Study and Preparation
14
3
42
Homeworks, Performances
2
10
20
Projects
0
0
0
Field Studies
0
0
0
Midtermexams
0
0
0
Others
0
0
0
Final Exams
1
20
20
Total WorkLoad
124
Total workload/ 30 hr
4,13
ECTS Credit of the Course
4
26
CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
