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Information
| Code | MG1804 |
| Name | Portfolio Management |
| Term | 2023-2024 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 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 Instructor |
1 |
Course Goal / Objective
The main objective of this course is to study the underlying theories for profitable investments such as managing a portfolio and the use of analytical methods in portfolio management
Course Content
The concept of portfolio, portfolio theory and the statistical infrastructure related to the subject
Course Precondition
none
Resources
Related books. Yatırım Analizi ve Portföy Yönetimi, Baha Karan Portfolio Management and Investment Analyis, Elton and Gruber Portföy Yönetimi,Hatice Doğukanlı ve Metin Borak Portfolio Management, Reily.
Notes
Related Articles Market data, Data from Borsa Istanbul.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the portfolio concept |
| LO02 | Knows about traditional portfolio theory |
| LO03 | Calculates the risk and the expected return of a portfolio |
| LO04 | Calculates the return by using CAPM |
| LO05 | Explains the rules of arbitrage theory |
| LO06 | Evaluates the performance of a portfolio by using various criteria |
| LO07 | Distinguishes the differences between active and passive portfolio management |
| LO08 | Diversifies a portfolio by using international instruments |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains the basic theoretical models for finance function | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Lists and identifies the theories that will contribute to the development of scientific methods and tools used in finance | 2 |
| 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 | 4 |
| 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. | 5 |
| 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 | 4 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Achieves optimal results using techniques that help to increase the financial efficiency | 3 |
| 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 | |
| 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 | |
| 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. | 3 |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Designs appropriate financial approaches, applications and methodologies in accordance with the business sector and the market in which they operate |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Financial Markets and Securities | Reading the first chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 2 | Learning Markowitz theory, which is the basis of portfolio theories, and statistical computing of framework of this theory | Reading the second chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 3 | Calculating the expected return and the risk of a single asset of a portfolio | Reading the 5th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 4 | Defining the concepts of optimum portfolio, utility and effective border | Reading the 6th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Learning about Single Index Models | Reading the 7th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Mutli Index Models | Reading the 8th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Identifying the optimum portfolio | Reading the 6th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Studying for exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | International Diversification | Reading the 9th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | Capital Asset Pricing Models | Reading the 22nd chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Assumptions of Capital Assets Pricing Model | Reading the 18th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Arbitrage Pricing Model | Reading the 18th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Efficient Markets Theory | Reading the 12th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | Assesment Portfolio Performance | Reading the 13th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Overview of the topics | Reading the 13th chapter of investment and portfolio analysis book | Öğretim Yöntemleri: Anlatım, 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 | 8 | 112 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 4 | 8 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 212 | ||
| Total Workload / 25 (h) | 8,48 | ||
| ECTS | 8 ECTS | ||