| INTERNATIONAL FINANCE | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| IF4414 | International Fund Management and Hedge funds | Spring | 3 | 0 | 3 | 4 |
| 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: | Bachelor |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Dr. Öğr. Üyesi BAHAR KÖSEOĞLU |
| Course Objectives: | The aim of the course is to be an introduction to Hedge funds. The goal is to provide a complete overview of the main characteristics of hedge funds including their economic function, strategies employed, due diligence issues, abnormal return characteristics, risk profiles and types of risks managed. The perspective will be from a financial institution’s perspective (i.e. pension funds, insurance companies, etc) and from the viewpoint of wealthy domestic and foreign investors. |
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The students who have succeeded in this course; 1.understand the the risk profile of a fund’s structure, investment strategy, leverage and liquidity 2.understand the financial analytic tools required to benchmark the performance and risk profile of a fund and hedge fund 3.Evaluate the structural risks and rewards of exposures to funds 4.understand the valuation of the hedge funds |
| risk profile of a fund’s structure, investment strategy, leverage and liquidity, performance and risk profile, structural risks and rewards, valuation methods |
| Week | Subject | Related Preparation | |
| 1) | Introduction to Hedge Funds | ||
| 2) | Types of Hedge Funds | ||
| 3) | Types of Hedge Fund Investors | ||
| 4) | Hedge Fund Investment Techniques | ||
| 5) | Hedge Fund Categories | ||
| 6) | Hedge Fund Business Models | ||
| 7) | Midterm Exam | ||
| 8) | Performance Measurement | ||
| 9) | Hedge Fund Valuation Techniques | ||
| 10) | Hedge Fund Leverage | ||
| 11) | Size and Growth of the Hedge Funds | ||
| 12) | Contrasting Mutual Funds with Hedge Funds | ||
| 13) | Why invest in Hedge Funds | ||
| 14) | Leverage using Derivatives Securities (Futures, Option and Swap Markets) | ||
| Course Notes: | The Hedge Fund Book: A Training Manual for Professionals and Capital-Raising Executives 1st Edition by Richard C.Wilson |
| References: | None |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | % 0 | |
| Laboratory | 0 | % 0 |
| Application | 0 | % 0 |
| Field Work | 0 | % 0 |
| Special Course Internship (Work Placement) | 0 | % 0 |
| Quizzes | 0 | % 0 |
| Homework Assignments | 1 | % 10 |
| Presentation | 1 | % 20 |
| Project | 0 | % 0 |
| Seminar | 0 | % 0 |
| Midterms | 1 | % 30 |
| 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 | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Special Course Internship (Work Placement) | 0 | 0 | 0 |
| Field Work | 0 | 0 | 0 |
| Study Hours Out of Class | 14 | 2 | 28 |
| Presentations / Seminar | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Homework Assignments | 1 | 15 | 15 |
| Quizzes | 0 | 0 | 0 |
| Preliminary Jury | 0 | 0 | 0 |
| Midterms | 1 | 30 | 30 |
| Paper Submission | 0 | 0 | 0 |
| Jury | 0 | 0 | 0 |
| Final | 1 | 35 | 35 |
| Total Workload | 150 | ||
| 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) | To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance | |
| 3) | To understand and grasp the full details of theoretical arguments and counter arguments | |
| 4) | To be fully prepared for a graduate study in finance and to have lifelong learning awareness | |
| 5) | To be able to apply theoretical principles of finance to the realities of practical business life | |
| 6) | To develop solutions for managerial problems by understanding the requirements of international financial markets | |
| 7) | To think innovatively and creatively in complex situations | |
| 8) | To be able to make decisions both locally and internationally by knowing the effects of globalization on business and social life | |
| 9) | To have the competencies of the digital age and to use the necessary financial applications | |
| 10) | To be able to use at least one foreign language both for communication and academic purposes | |
| 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 | |
| 12) | To develop an objective criticism in business and academic life and having a perspective to self-criticize |