COURSE INTRODUCTION AND APPLICATION INFORMATION

dba.ieu.edu.tr

Course Name

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
	Spring

Prerequisites	None
Course Language
Course Type	Required
Course Level	-
Mode of Delivery	-
Teaching Methods and Techniques of the Course
Course Coordinator	-
Course Lecturer(s)	-
Assistant(s)	-

Course Objectives
Learning Outcomes	The students who succeeded in this course; At the end of this course students are expected to have a background on distinguishing, classifying, identifying, measuring and managing financial risks. During the course students are also expected appreciate to hedge the risks that financial institutions face, and will learn how to minimize these risks. During the course students are also expected appreciate to hedge the risks that financial institutions face, and will learn how to minimize these risks.
Course Description

Course Category	Core Courses
	Major Area Courses	X
	Supportive Courses
	Media and Managment Skills Courses
	Transferable Skill Courses

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week	Subjects	Required Materials
1	Introduction to Financial Risk ManagementI	Lecturer’s Own Notes
2	Introduction to Financial Risk ManagementI	Lecturer’s Own Notes
3	Global Financial Crisis and Role of Risk Management	DocumentaryDVD Financial Weapons Mass Destruction
4	Risk Management A Helicopter View: Typology of Risk Exposures	CGM, Chapter1 Gallati, R. Chapter1 Bessis, J. Section2
5	Banks and Their Regulators: The Research Lab for Risk Management & The Role of CRO	CGM, Chapter3
6	Market Risk & Credit Risk	CGM, Chapter7 & 11 Best, P. Chapter Gallati, R. Chapter2 & 3 Bessis, J. Sections 10 & 11
7	Operational Risk & Model Risk	Gallati, R. Chapter4
8	MidTerm (Article Review)
9	Theory of Risk and Return	CGM, Chapter5
10	Hedge Funds, Private Equity, Sovereign Wealth Funds	Lecturer’s Own Notes & DVD
11	Scenario Analysis & Stress Testing	Christoffersen, P.F. Chapter 8 Best, P. Chapter6 CGM,
12	Credit Derivatives & Financial Meltdown	Chapter12 DocumentaryDVD Financial Weapons of Mass Destruction (Repeat)
13	Trends in Risk Management	CGM, Epilogue
14	Presentations on Recent Financial & Risk Issues OR Selected Topics
15	Presentations on Recent Financial & Risk Issues OR Selected Topics
16	Review of the Semester

Course Notes/Textbooks

Book Chapters

Suggested Readings/Materials

Diğer Kaynaklar/ Other Sources : BOOKS

The Essentials of Risk Management, M. Crouhy, D. Galai, R. Mark, (CGM) 2006

Elements of Financial Risk Management, Peter F. Christoffersen,2003

Risk Management in Banking, Joel Bessis, Wiley, 2010

Risk Management and Capital Adequacy, Reto Gallati, McGrawHill, 2003

Implementing ValueatRisk, Philip Best, Wiley, 1998

Journals & Magazines

Risk Magazine (http://www.risk.net/ , paid subscription required, abstracts available for free)

Global Risk Regulator (http://www.globalriskregulator.com , paid subscription required, abstracts and some articles are available for free)

The Journal of Risk (http://www.thejournalofrisk.com/)

Daily Journals

Financial Times

Wall Street Journal

WebSites (sign up required)

GARP (http://www.garp.org/)

PRMIA (http://www.prmia.org/)

Riskmetrics (http://www.riskmetrics.com/)

Bank for International Settlements (http://www.bis.org)

Risk Management WebSites

http://www.riskworld.com/websites/webfiles/ws5aa015.htm

EVALUATION SYSTEM

Semester Activities	Number	Weigthing
Participation		10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury	1	45
Project
Seminar / Workshop
Oral Exam
Midterm	1	20
Final Exam	1	25
Total

Weighting of Semester Activities on the Final Grade		75
Weighting of End-of-Semester Activities on the Final Grade		25
Total

ECTS / WORKLOAD TABLE

Semester Activities	Number	Duration (Hours)	Workload
Course Hours (Including exam week: 16 x total hours)	16	3	48
Laboratory / Application Hours (Including exam week: 16 x total hours)	16
Study Hours Out of Class	16	1
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments		1
Presentation / Jury	1	6
Project		10
Seminar / Workshop
Oral Exam
Midterms	1	10
Final Exams	1	14
		Total	94

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#	Program Competencies/Outcomes	* Contribution Level
#	Program Competencies/Outcomes	1	2	3	4	5
1	To solve problems, to have analytical and holistic viewpoint and to develop strategic thinking as a principle in the field of business administration				X
2	To evaluate It is aimed to graduate students whom are able to critique what they have already learn in the field of management, adopting life long learning and continuously developing themselves				X
3	It is aimed to graduate students whom are able to transfer their academic knowledge to organizational level and capable of expressing themselves regarding organizational problems both oral and written				X
4	The students are required to understand the concepts and ideas of business in both national and multinational settings and practice cross disciplinary and comparative analysis			X
5	It is required to know and practice the quality and productivity principles of business life				X
6	Act and think with an innovative motive and able to apply the academic knowledge gain during new and unconventional occasions				X
7	Acquiring leadership qualifications and applying them successfully
8	Working efficiently and effectively, learning how to be a team member, taking responsibilities, being open minded, constructive, vulnerable to criticism and having self confidence			X
9	It is required to know the regional economic aspects and transfer the academic knowledge to real life with both national and international thinking			X
10	To know and apply the realities of business ethics and act according to social, scientific and ethical values under any circumstances such as data collection, evaluation, announcing and practicing
11	Able to use a foreign language as fluent as possible for both chasing the scientific publication and developing proper communication with colleagues from other countries, (“European Language Portfolio Global Scale”, Level B1)
12	Intermediate in both written and spoken of a second foreign language
13	Able to use computer programs and technology to an adequate level required by business practices.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest