Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
FIN5229 Portfolio Management Spring 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: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator : HANDE SAĞLAM
Recommended Optional Program Components: None
Course Objectives: This course focuses on the investment decision making from the perspective of
the portfolio manager. Topics covered include the process of creating, maintaining, and evaluating the performance of professional investment portfolios.

Learning Outcomes

The students who have succeeded in this course;
Students succesfully finishing this course will be able to;
- understand the investment and portfolio theory and apply professional decisions.
- make a clear market research and analysis.
- create, maintain and evaluate the performance of professional investment portfolios.

Course Content

1) Portföy Yönetimine Giriş
2) Varlık Fiyatlandırma Modelleri - Risk ve Getiride Çok Faktörlü Modeller
3) Adi Senetlerin Analizi ve Yönetimi
4) Öz Kaynaklarda Portföy Yönetim Stratejileri - I
5) Öz Kaynaklarda Portföy Yönetim Stratejileri - II
6) Tahvillerde Portföy Yönetim Stratejileri - I
7) Tahvillerde Portföy Yönetim Stratejileri - II
8) Ara Sınav
9) Portföy Performansının Geliştirilmesi
10) Profesyonel Varlık Yönetimi
11) Swaplar
12) Grup Sunumları
13) Grup Sunumları
14) Grup Sunumları

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction to Portfolio Management
2) Introduction to Asset Pricing Models - Multifactor Models of Risk and Return
3) Analysis and Management of Common Stocks
4) Equity Portfolio Management Strategies - I
5) Equity Portfolio Management Strategies - II
6) Bond Portfolio Management Strategies - I
7) Bond Portfolio Management Strategies - II
8) Midterm Exam
9) Evaluation of Portfolio Performance
10) Professional Asset Management
11) Swaps
12) Group Presentation
13) Group Presentation
14) Group Presentation


Course Notes / Textbooks: Investment Analysis and Portfolio Management, 8th edition, by Reilly and Brown, Southwestern, 2006.

Dimensional Fund Advisors, 2002, Harvard Business School Case
References: Barras, L., O. Scaillet, and R. Wermers (2010, February). False discoveries in mutual fund performance: Measuring luck in estimated alphas. The Journal of Finance 55 (4),

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Midterms 2 % 60
Final 1 % 40
Total % 100
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 42
Application 14 84
Study Hours Out of Class 14 42
Homework Assignments 2 23
Midterms 1 3
Final 2 6
Total Workload 200

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
Program Outcomes Level of Contribution