| ACTUARIAL SCIENCE (TURKISH, NON-THESIS) | |||||
| Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| FIN5229 | Portfolio Management | Fall Spring |
3 | 0 | 3 | 9 |
| 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 : | HANDE SAĞLAM |
| 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. |
|
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. |
| 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 |
| 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: | 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), 179–216. |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 0 | % 0 |
| Laboratory | 0 | % 0 |
| Application | 0 | % 0 |
| Field Work | 0 | % 0 |
| Special Course Internship (Work Placement) | 0 | % 0 |
| Quizzes | 0 | % 0 |
| Homework Assignments | 0 | % 0 |
| Presentation | 0 | % 0 |
| Project | 0 | % 0 |
| Seminar | 0 | % 0 |
| Midterms | 2 | % 60 |
| Preliminary Jury | 0 | % 0 |
| Final | 1 | % 40 |
| Paper Submission | 0 | % 0 |
| Jury | 0 | % 0 |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 60 | |
| PERCENTAGE OF FINAL WORK | % 40 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload | |
| Course Hours | 14 | 42 | |
| Laboratory | |||
| Application | 14 | 84 | |
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 42 | |
| Presentations / Seminar | |||
| Project | |||
| Homework Assignments | 2 | 23 | |
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 3 | |
| Paper Submission | |||
| Jury | |||
| Final | 2 | 6 | |
| Total Workload | 200 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Acquire the quantitative skills to become an actuary. | |
| 2) | Will know about risks and ways to manage risk. | |
| 3) | Will know about financial planning and its role in actuarial management. | |
| 4) | Will be able to design new products and carry profitability tests and scenario analyses. | |
| 5) | Besides gaining competence in theoretical subjects, the graduate will also be aware of practical issues and applications through lecturers and instructors who have market experience. | |
| 6) | Will be able to follow all innovations and carry on research on the particular area. | |
| 7) | Will share information with colleagues and will use it for project development.. | |
| 8) | Will be able to apply and make the necessary adaptation to all new rules and regulations. |