COURSE INTRODUCTION AND APPLICATION INFORMATION


Course Name
Investment Analysis and Portfolio Management
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ITF 602
Fall/Spring
3
0
3
10
Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
Third Cycle
Course Coordinator
Course Lecturer(s)
Assistant(s) -
Course Objectives The Primary objective is to introduce graduate students the basic concepts of investing, the tools and principles to be able to better understand trading in financial markets. It is also aimed that students will be equipped with the knowledge for portfolio selection, portfolio management and investment evaluation through theoretical methodologies. Through solving the problems it is aimed to develop and increase the skills of the student in the field of investment and portfolio construction.
Learning Outcomes The students who succeeded in this course;
  • will be able to evaluate the structural issues involved in the International Investment process
  • will be able to assess the theoretical structures of modern portfolio theory
  • will be able to understand and utilise a comprehensive range of investment appraisal techniques in relation to a wide range of investment vehicles
  • will be able to possess detailed awareness of current and topical issues in capital markets and investment products
  • will be able to internalize prominent models in investment management literature to utlize in prospective academic studies
  • will be able to comprehend and apply the complex techniques involved in InvestmentPerformance Analysis.
Course Content This course considers the management of investment through asset pricing, portfolio construction and portfolio management from a theoretical point of view. It also explores the assumptions of investor rationality, investor irrationality and their impact on investment decisionmaking again from a theoretical point of view.

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Introduction
2 Investment Background: Securities and Markets Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p. 632.
3 Investment Background: Statistical Concepts Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition 2.3281.
4 Investment Background: Combining Indiv. Sec. İnto Portfolios Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition 2.3281.
5 Portfolio Management: Finding the Efficient Set Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p.81134.
6 Portfolio Management: Factor Models Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p.134176.
7 Portfolio Management: Asset Allocation Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p. 176201.
8 MIDTERM
9 Asset pricing Theories: CAPM Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p. 201236.
10 Asset pricing Theories: Empirical tests on CAPM Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p. 236255.
11 Asset pricing Theories: Arbitrage pricing Haugen, Paul “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p. 255272.
12 Performance Measurement with Asset Pricing Models Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5th 6th Edition p. 272299.
13 Option pricing Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5. 6. Baskı s.421469.
14 Option pricing Haugen, Paul. “Modern Investment Theory”, PrenticeHall, 5. 6. Baskı s.421469.
15 Review of the Semester  
16 Review of the Semester  
Course Textbooks Book Chapters and Powerpoint slides
References Financial Times Wall Street Journal The Economist Journal of Portfolio Management Financial Analysts Journal

 

EVALUATION SYSTEM

Semester Requirements Number Percentage
Participation
14
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
10
30
Project
1
20
Seminar / Workshop
Midterms / Oral Exams
1
20
Final / Oral Exam
1
20
Total

Contribution of Semester Work to Final Grade
80
Contribution of Final Work to Final Grade
20
Total

ECTS / WORKLOAD TABLE

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
3
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
10
4
Project
1
19
Seminar / Workshop
Midterms / Oral Exams
1
Final / Oral Exam
1
25
    Total
180

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Qualifications / Outcomes
* Level of Contribution
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.
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.
3 Developing and championing new approaches to contribute the field of finance through apprehending the research methods.
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.
5 Conducting independent research, analyzing scientific phenomenon through broad, deep and critical perspective, arriving at new syntheses and evaluations in the discipline of finance.
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.
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.
8 Following pioneering and innovative theories and methods in the field of finance and implementing them in analysis and research.
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.
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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