| MECHATRONICS ENGINEERING (ENGLISH, THESIS) | |||||
| Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ENM5227 | Risk Management | Fall Spring |
3 | 0 | 3 | 12 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Departmental Elective |
| Course Level: | |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Dr. Öğr. Üyesi ETHEM ÇANAKOĞLU |
| Course Lecturer(s): |
Dr. Öğr. Üyesi ETHEM ÇANAKOĞLU |
| 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. |
|
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. |
| Tools for Measuring Risk, Interest Rate Risk, Value at Risk, Volatility, Correlations and Copulas, VaR Methods |
| 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 | ||
| Course Notes: | 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 |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | % 0 | |
| Laboratory | % 0 | |
| Application | % 0 | |
| Field Work | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Quizzes | % 0 | |
| Homework Assignments | % 0 | |
| Presentation | % 0 | |
| Project | 2 | % 30 |
| Seminar | % 0 | |
| Midterms | 1 | % 30 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 40 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 30 | |
| PERCENTAGE OF FINAL WORK | % 70 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload | |
| Course Hours | 13 | 39 | |
| Laboratory | |||
| Application | |||
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 170 | |
| Presentations / Seminar | |||
| Project | 4 | 80 | |
| Homework Assignments | |||
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 3 | |
| Paper Submission | |||
| Jury | |||
| Final | 1 | 3 | |
| Total Workload | 295 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Gains an academic background and abilities for making scientific research; analysis, interpretation and application of knowledge in subjects of Mechatronics Engineering. | |
| 2) | Acquires an ability to select, apply and develop modern techniques and methods for mechatronics engineering applications. | |
| 3) | Develops new and innovative ideas, procedures and solutions in the design of mechatronics systems, components and processes. | |
| 4) | Gains an ability for experimental design, data accumulation, data analysis, reporting and implementation. | |
| 5) | Acquires abilities for individual and team-work, communication and collaboration with team members and interdisciplinary cooperation. | |
| 6) | Gains an ability to communicate effectively oral and written; and a knowledge of English sufficient to follow technical developments and terminology. | |
| 7) | Acquires recognition of the need for, and an ability to access and report knowledge, to engage in life-long learning. | |
| 8) | Gains an understanding of universal, social and professional ethics. | |
| 9) | Acquires a knowledge of business-oriented project organization and management; awareness of entrepreneurship, innovation and sustainable development | |
| 10) | Gains awareness for the impact of mechatronics engineering applications on human health, environmental, security and legal issues in a global and social context. |