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Information
| Code | MG1808 |
| Name | Risk Management and Derivatives II |
| Term | 2023-2024 Academic Year |
| Semester | . Semester |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 10 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HATİCE DOĞUKANLI |
Course Goal / Objective
The objective of this course is to introduce the tools which enable to avoid risks arising from the liberalization of financial markets and to teach the implementation methods of these tools
Course Content
In this course, the concept of risk and its calculations, and the techniques and tools used in future markets are introduced
Course Precondition
MG1807 Risk Yönetimi ve Türev Finansal Araçlar I
Resources
Related BooksFinansal Risk Yönetimi ve Türev Araçlar, Hatice Doğukanlı SPK Lisanslama Rehberleri Futures and Options, Siegel and Siegel Options, Futures and Other Derivatives, Hull Managing Financial Risk, Smihhson, Smith and Wilford
Notes
Related Articles Data from VİOP
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Learns about the general concepts of risk and its classifications |
| LO02 | Identifies the techniques in debt management |
| LO03 | Finds out about the futures market |
| LO04 | Recognizes about the options and its diffrent types |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the basic theoretical models for finance function | 1 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Lists and identifies the theories that will contribute to the development of scientific methods and tools used in finance | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Investigates how to model theorems in finance field and how to associate these models with the the quantitive decision making techniques | 2 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Explains how to interpret the findings as a result of the application of statistical and theoretical models used in financial management methods. | 2 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Creates sufficient knowledge to find a solution to the problems that might arise | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Contributes to the applied business management by following the basic steps of the methods used in finance | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Achieves optimal results using techniques that help to increase the financial efficiency | |
| PLO08 | Bilgi - Kuramsal, Olgusal | Encourages taking responsibility, claiming the lead and working effectively in a team and / or individually. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Keeps track of the latest developments in the field as a recognition of the need for lifelong learning and constant renewal | 3 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Utilizes scientific sources in the field, collect the data, synthesizes the obtained information and presents the outcomes effectively | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Has a good command of Turkish, as well as at least one another foreign language in accordance with the requirements of academic and work life | 4 |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Implements new research methods that will contribute to the development of the finance field | 3 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Develops new guidelines for the financial managers’ decision making processes by researching on sub-disciplines of the finance field. | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Designs appropriate financial approaches, applications and methodologies in accordance with the business sector and the market in which they operate | 2 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Stock Index Futures: Pricing and Hedging | Reading the p. 137-150 of Derivative Instruments Licensing Guide | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 2 | Stock Index Futures: Pricing and Hedging-2 | Reading the p. 150-166 of Derivative Instruments Licensing Guide | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 3 | Currency and Commodity Futures: Pricing and hedging | Reading the p. 80-89 of Derivative Instruments Licensing Guide | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 4 | Currency and Commodity Futures: Pricing and hedging-2 | Reading the p. 89-99 of Derivative Instruments Licensing Guide-2 | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Currency and Commodity Futures: Pricing and hedging-3 | Reading the 12. chapters of the book of Risk Management and 6. and 10. chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Option Contracts and Risk Management | Reading the 12. chapters of the book of Risk Management and 6. and 10. chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Option Contracts and Risk Management-2 | Reading the 12. chapters of the book of Risk Management and 6. and 11. chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Studying for exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Option Contracts and Risk Management-3 | Reading the 12. chapters of the book of Risk Management and 6. and 11. chapters of Managing Financial Risk-2 | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | Option Pricing Model: Binomal OFM and Black and Scholes | Reading the 12. chapters of the book of Risk Management and 6. and 11. chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Option Pricing Model: Binomal OFM and Black and Scholes -2 | Reading the 13. chapters of the book of Risk Management and 6. and 12-13 chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Options and Futures Contracts | Reading the 13. chapters of the book of Risk Management and 6. and 12-13 chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Options and Futures Contracts-2 | Reading the 13. chapters of the book of Risk Management and 6. and 8. chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | Swap Contracts and financial risk management; CDS market | Reading the 13. chapters of the book of Risk Management and 6. and 8. chapters of Managing Financial Risk | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Swap Contracts and financial risk management; CDS market-2 | Reading the 13. chapters of the book of Risk Management and 6. and 8. chapters of Managing Financial Risk-2 | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama |
| 16 | Term Exams | Studying for exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Studying for exam | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 12 | 168 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 2 | 2 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 262 | ||
| Total Workload / 25 (h) | 10,48 | ||
| ECTS | 10 ECTS | ||