11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


finans.ss.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Fall/Spring
Prerequisites
None
Course Language
Course Type
Elective
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;
  • will be able to be familiar with most of the products that they are likely to encounter in financial markets and compare them.
  • will be able to have good knowledge of how derivative products work and how they are used
  • will be able to explain how derivative instruments are priced and derive some important general results on the relationship between forward and spot prices
  • will be able to have a knowledge of how financial institutions hedge their risks when they trade these products.
  • will be able to implement strategies formed by derivative instruments in their future career.
Course Description

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Chapters 1 and 2: Introduction John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
2 Chapter 3: Hedging Strategies Using Futures John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
3 Chapter 4: Interest Rates John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
4 Chapter 5: Determination of Forward and Futures Prices John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
5 Chapter 6: Interest Rate Futures John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
6 Chapter 7: Swaps, Securitization, and the Crisis John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
7 Chapter 8: Securitization and the Crisis John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
8 Chapters 9 and 10: Properties of Options John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
9 Chapter 11 and 12: Trading Strategies and Binomial Trees John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
10 Chapter 13 and 14: Pricing of Stock Options John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
11 Chapters 15 and 16: Options on Stock Indices, Currencies, and Futures John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
12 Chapters 17: The Greeks John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
13 Chapters 18 and 19: Binomial Trees in Practice and Volatility Smiles John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
14 Chapter 25: Derivatives Mishaps and Course Review John C. Hull, Fundamentals of Futures and Options Markets, (Pearson, 2011, 7e)
15 Review of the Semester
16 Review of the Semester
Course Notes/Textbooks Book Chapters and Powerpoint slides
Suggested Readings/Materials Fundamentals of Futures and Options Markets, John C. Hull, 2011, Pearson

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
15
45
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
Final Exam
1
55
Total

Weighting of Semester Activities on the Final Grade
45
Weighting of End-of-Semester Activities on the Final Grade
55
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
5
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
15
5
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
Final Exams
1
27
    Total
230

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 Developing scientific expertise and capabilities in the field of finance through using creative and critical thinking and research skills; innovatively contribute to the discipline by new ideas and definitions based on the graduate level qualifications. X
2 Comprehending the interaction across various disciplines related to the field of finance, reaching at original conclusions by using new and complex analysis, synthesis and evaluation skills. X
3

Developing and championing new approaches to contribute the field of finance through apprehending the research methods.

X
4

Contributing to the science of finance through developing new methods or implementing an existing method to a different field through investigating, comprehending, designing original topics.

X
5

Conducting independent research, analyzing scientific phenomenon through broad, deep and critical perspective, arriving at new syntheses and evaluations in the discipline of finance.

X
6 Publishing scientific articles in reputable refereed national and international journals, presenting papers in scientific conferences in the field of finance and its sub-disciplines. X
7 Following, attending and organizing national and international events such as conferences, seminars and panels to keep up with developments and create new solutions to the problems in the field of finance. X
8 Following pioneering and innovative theories and methods in the field of finance and implementing them in analysis and research. X
9 Developing creative solutions to the social, scientific and ethical issues within the scope of finance and business life and extending values that supports these solutions. X
10

Being able to use English fluently for both comprehending and publishing scientific publications and developing proper communication.

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

 

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