MECHATRONICS (TURKISH)
Associate	TR-NQF-HE: Level 5	QF-EHEA: Short Cycle	EQF-LLL: Level 5

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
ENM5227	Risk Management	Spring Fall	3	0	3	12

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:	Non-Departmental Elective
Course Level:	Associate (Short Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Dr. Öğr. Üyesi ETHEM ÇANAKOĞLU
Course Lecturer(s):	Dr. Öğr. Üyesi ETHEM ÇANAKOĞLU
Recommended Optional Program Components:	N.A.
Course Objectives:	This course introduces students to the main strategies, methods and techniques used to manage the risks faced by the organizations during their on going business. Students will learn financial risk assessment and measurement techniques, how to organize and structure the financial risk management, how to manage the main financial risks: market, credit operational, liquidity, interest rate, foreign exchange risk, etc. Also students will learn how to measure and to manage the risks at the corporate level.

Learning Outcomes

The students who have succeeded in this course;
• analyse, model and manage financial risks faced by a variety of institutions.
• calculate different risk metrics such as value at risk.
• quantify market risk, credit risk, and operational risk.
• learn mathematics of interest rates.
• learn basics of different financial instruments used for risk management.

Course Content

Tools for Measuring Risk, Interest Rate Risk, Value at Risk, Volatility, Correlations and Copulas, VaR Methods

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Introduction
2)	Tools for Measuring Risk
3)	Trading in Financial Markets
4)	Financial Risk in Banks
5)	Insurance
6)	Case - The Credit Crisis of 2007
7)	Financial Derivatives
8)	How Traders Manage Their Risks
9)	Midterm
10)	Interest Rate Risk
11)	Value at Risk
12)	Volatility
13)	Correlations and Copulas
14)	Operational Risk
15)	Final exam preparation
16)	Final

Sources

Course Notes / Textbooks:	John C. Hull, “Risk Management and Financial Institutions”, Wiley Finance.
References:	Philippe Jorion, “Value at Risk, 3rd Ed.: The New Benchmark for Managing Financial Risk”, McGraw Hill

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Project	2	% 30
Midterms	1	% 30
Final	1	% 40
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 30
PERCENTAGE OF FINAL WORK		% 70
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Workload
Course Hours	13	39
Study Hours Out of Class	14	170
Project	4	80
Midterms	1	3
Final	1	3
Total Workload		295

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 improve fundamental computer knowledge, to encourage students using office and package programs.
2)	Ability to have and use of fundamental mathematics knowledge and skills the usage of relevant materials.
3)	Ability to recognize general structures of machine equipments and the features of shaping
4)	Ability to grasp manufacturing processes and cutting tool materials, materials, statics, mechanics and fluid science fundemantal knowledge.
5)	Ability to draw assembly and auxilary devices as well as to draw whole or details of a system.
6)	Ability to have a knowledge of fundemantal manufacturing process such as turning, milling, punching,grinding and welding techniques and to have a self esteem in order to work behind the bench.
7)	Ability to do computer aided design and write program on digital benches.
8)	Ability to prepare project report, follow up project process and implement projects.
9)	ability to learn the areas of usage of electronic circuit components. Ability to grasp and write programs for micro controllers and for their components. Ability to design relevant circuits.
10)	Ability to understand the electric motors principles and AC-DC analysis
11)	Ability to gain a dominaion on visual programming
12)	Having the ability to communicate efficiently in verbal and written Turkish, to know at least one foreign language in order to communicate with the colleagues and customers.