INTERNATIONAL FINANCE
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
IF4212	Portfolio Management	Fall Spring	3	0	3	6

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction:	English
Type of course:	Departmental Elective
Course Level:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Dr. Öğr. Üyesi BAHAR KÖSEOĞLU
Course Lecturer(s):	Instructor MARKUS CHRISTIAN SLEVOGT
Recommended Optional Program Components:	None
Course Objectives:	The objective is to make the participants be able to manage their own personal finance, assess the risk/return analyses of various investment tools in money and capital markets, be able to make risk/return analyses of different products and make investment decisions on their own funds. To help them understand the dynamics of the investment products, trading and quotation strategies, local and global market effects and the investor’s behavior.

Learning Outcomes

The students who have succeeded in this course;
I. Understand the key factors of investment concept and main asset classes.
II. Define the major participants in money/capital markets and their reaction with each other.
III. Understand the risks associated with different assets classes and market rules.
IV. Traditional Asset Classes like debt securities, mutual funds, stocks etc and their issuance.
V. Understand the Fundamentals of Derivative Securities and their types
VI. Understand the product features of newly developed investment products like MLD, DCD, Structured Notes, Warrants etc.
VII. Be able to trade in all kinds of investment tools by simulations.
VIII. Understand general concept of alternative investments like hedge funds or derivative credit swaps
IX. Be able to analyze and assess the investors behavioral and market effects.

Course Content

1st w: Money and Investment – An Introduction
2nd w: Money Markets /Capital Markets
3rd w: Traditional Asset Classes – Risk/Return Characteristics
4th w: Fixed Income Securities : Bonds/Notes
5th w: Fixed Income Securities : Eurobonds/Global Bonds
6th w: Derivative Securities and Types
7th w: Options & Leverage
8th w: Main structure of Dual Currency Accounts/ Premium Accounts
9th w: Market Linked Deposits
10th w: Structured Notes
11th w: Structured Funds
12th w: Warrants
13th w: Alternative Investments: Hedge Funds and Securitization Tools
14th w: Review

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Money and Investment – An Introduction	Investment examples
2)	Money Markets /Capital Markets
3)	Traditional Asset Classes – Risk/Return Characteristics
4)	Fixed Income Securities	Simulation tool, auction search
5)	Fixed Income Securities	Simulation Tools
6)	Introduction to Derivatives and Types
7)	Options and Leverage
8)	Dual Currency Accounts, Premium Accounts (DCD)	Different market examples and the pricing
9)	Market Linked Deposits	Different examples from the market
10)	Structured Notes	Case Study Documents
11)	Capital Protected Structured Funds	Dfferent examples from the markets
12)	Warrants	Simulation Tools
13)	Alternative Investments: Hedge Funds and Securitization Tools	Vaka Çalışması
14)	Review of the semester

Sources

Course Notes / Textbooks:	Derste dağıtılan sunumlar, ders notları / Presentations, lecture notes
References:	Investments (Bodie/Kane/Marcus)

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Homework Assignments	1	% 25
Midterms	1	% 30
Final	1	% 45
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 55
PERCENTAGE OF FINAL WORK		% 45
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	14	3	42
Study Hours Out of Class	14	2	28
Homework Assignments	1	20	20
Midterms	1	30	30
Final	1	40	40
Total Workload			160

Contribution of Learning Outcomes to Programme Outcomes

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	To correctly identify the problems and to be able to ask the correct questions	3
2)	To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance	4
3)	To understand and grasp the full details of theoretical arguments and counter arguments	2
4)	To be fully prepared for a graduate study in finance and to have lifelong learning awareness	3
5)	To be able to apply theoretical principles of finance to the realities of practical business life	5
6)	To develop solutions for managerial problems by understanding the requirements of international financial markets	2
7)	To think innovatively and creatively in complex situations	4
8)	To be able to make decisions both locally and internationally by knowing the effects of globalization on business and social life	2
9)	To have the competencies of the digital age and to use the necessary financial applications	5
10)	To be able to use at least one foreign language both for communication and academic purposes	1
11)	To understand the importance of business ethics and to take decisions by knowing the legal and ethical consequences of their activities in the academic world and business life	2
12)	To develop an objective criticism in business and academic life and having a perspective to self-criticize	2