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
EEE5022	Applied Statistics	Fall	3	0	3	9

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:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Assoc. Prof. SAEID KARAMZADEH
Course Lecturer(s):	Prof. Dr. SELİM ZAİM
Recommended Optional Program Components:	none..........
Course Objectives:	The course introduces fundamental topics in statistics and implements its applications to industrial, medical, financial, energy and similar type very large-size datasets to infer meaninful statistical results. The course is for gradute students with no significant background on this subject. Implementations will be performed on the open source statistical software R. Introduction to R programming will be given.

Learning Outcomes

The students who have succeeded in this course;
I. Identify basic terms in statistics.
II. Gain ability to use and apply basic methods and programming tools used in statistics over various engineering disciplines.
III. Ability to explore data and its relationships.
IV. Ability to perform hypothesis testing for statistical problems.
V. Perform statistical inference over statistical data.

Course Content

Topics include: Introduction to R programming, Sampling, Data Exploration, Exploring Relationships, Probability, Random Variables and Probability Distributions, Estimation, Hypothesis Testing, Statistical Inference, Multiple Testing Correction, ANOVA, Analysis of Categorical Variables, Regression Analysis, Bayesian Analysis, Survival Analysis, Over Representation Analysis, Meta Analysis.

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Introduction
2)	Introduction to R statistical programming
3)	Term Project
4)	Data Exploration with R
5)	Visualizing and Summarizing Relationships
6)	Probability and Random Variables
7)	Estimation in datasets
8)	Hypothesis Testing for various engineering applications
9)	Statistical Inference over various large datasets
10)	ANOVA
11)	Analysis of Categorical Variables
12)	Regression and Bayesian Analysis
13)	Survival analysis
14)	Over Representation Analysis

Sources

Course Notes / Textbooks:	Principles of Applied Statistics (Paperback), by D. R. Cox, Christl A. Donnelly 2011 ISBN-10: 1107644453 \| ISBN-13: 978-1107644458
References:	Introductory Statistics with R Peter Dalgaard 2011 ISBN 978-0-387-79053-4

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Project	1	% 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	14	42
Study Hours Out of Class	14	42
Project	1	30
Midterms	1	40
Final	1	50
Total Workload		204

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	2
2)	To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance	1
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	2
5)	To be able to apply theoretical principles of finance to the realities of practical business life	1
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	3
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	2
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