Course Descriptions


ECO5103 Money and Banking

Introduction to basic concepts such as financial liberalization, demand and supply of money and other financial assets, creation of money by the central bank, the banking system and by other financial intermediaries, the money base, money multiplier, velocity of money and the monetary policy. Turkish legal and institutional structure in comparison to the financial structure of the EC economies. Discussions over money and capital markets, the foreign exchange market, inter-bank markets and government security auctions as well as open market operations and introduction of forward, future and options markets.

ECO5113 Economic Policies and Strategies
Fiscal and monetary policies and their effect in short and medium runs, inflation, growth and debt dynamics in emerging markets, study of crisis response programs, study of stylized facts of emerging markets and Turkey, analysis of income distribution, discussion of development strategies.

FIN5222 International Finance and Foreign Exchange Markets
International finance system, international monetary system, FX markets, forwards and swaps, purchasing power parity, hedging with derivatives in FX markets, FX markets in Turkey.

FIN5228 Financial Management
The study of corporate finance and capital markets, emphasizing the financial aspects of managerial decisions. A touch on all areas of finance, including the valuation of real and financial assets, risk management and financial derivatives, the trade-off between risk and expected return, and corporate financing and dividend policy. Empirical research heavily emphasized to help guide managerial decisions.

FIN5229 Portfolio Management
Throughout this course you will gain a deeper understanding of advanced portfolio management techniques suitable for high-net-worth clients and institutional investors. It develops your ability to provide discretionary money management services to high-net-worth clients while preparing you to manage institutional portfolios. These skills prepare you for registration as a portfolio manager. Detailed information on single asset classes, their valuation, analysis and allocations within a portfolio. Giving information portfolio construction techniques, Markowitz optimization and recent developments in CAPM emphasizing both theory and its applications. Construction of a hypothetical portfolio.

FIN5231 Derivatives
An in-depth course focusing on futures markets and the options. The margin system of futures markets, pricing of futures, hedging issues are covered as well as the different methods of option pricing, use of greeks in options and exotic options.

FIN5232 Technical Analysis
Covers such issues as validity of technical analysis in case of efficiency hypothesis, identifying trends , moving averages, pattern , oscillators, volume analysis, constructing and testing a trading system using Metastock. The course is computer oriented.

FIN5235 Fundamental Analysis
Evaluation of financial ratios, P/E ratio, book value, DCF, dividend policy, Markowitz Theory, CAPM, sector analysis, valuation of firms with fundamental analysis.

FIN5477 Risk Evaluation in Banking
Evaluation of risk in banking, liquidity risk, credit risk, interest rate risk, capital risk, setting up and organizing a risk department, regulations of risk management in Turkey.

FIN5551 Regulation of Stock Markets
Capital Markets Board of Turkey and its structure, capital market regulation in Turkey and the World, EU standards in capital Market regulation, capital market law in Turkey

FIN5685 Treasury Management
Principles of treasury management, bond and bill markets, pricing, bond and bills, interest rate arbitrage, duration - gap analysis, variable coupon instruments, FX and bond markets.

FIN5887 Seminar
The course prepares the students for writing the Master Thesis

FIN5888 Thesis Research
The course content is based on the student’s approach to the relevant field of his/her choice. A primary aim of the thesis is to assist each individual student to identify a methodology and means to express their ideas and to locate their work within a wider context. An important aspect of this is to develop a strong awareness of how the context can inform that process as well as affect the reading and understanding of each individual student.

FIN5889 Thesis
The course content is based on the student’s approach to the relevant field of his/her choice. A primary aim of the thesis is to assist each individual student to identify a methodology and means to express their ideas and to locate their work within a wider context. An important aspect of this is to develop a strong awareness of how the context can inform that process as well as affect the reading and understanding of each individual student.

FIN5999 Project
The graduate program in Capital Markets and Finance will be completed with appropriate project by supervision of an advisor.

Bu içerik 22/07/2015 tarihinde güncellenmiştir.