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Course Description Course Name : Portfolio Management Course Code : EMG12 705 Course Type : Compulsory Level of Course : Second Cycle Year of Study : 1 Course Semester : Spring (16 Weeks) ECTS : 5 Name of Lecturer(s) : Prof.Dr. HATİCE DOĞUKANLI Learning Outcomes of the Course : Defines the portfolio concept Has knowledge about the traditional portfolio theories Calculates the risk and the expected return of a portfolio Calculates the return by using CAPM Defines single and multiple index models Defines the rules of arbitrage theory Evaluates the performance of a portfolio using various criteria. Recognizes the differences between active and passive portfolio management Mode of Delivery : Distant Prerequisites and Co-Prerequisites : None Recommended Optional Programme Components : None Aim(s) of Course : The main objective of this course is to introduce financial instruments, as well as teaching about creating a portfolio in order to help to become a portfolio manager in the future. Course Contents : The concept of portfolio, portfolio theory and statistical infrastructure on the subject Language of Instruction : Turkish Work Place : IIBF   Course Outline /Schedule (Weekly) Planned Learning Activities Week Subject Student's Preliminary Work Learning Activities and Teaching Methods 1 Understanding the concept of portfolio management Reading the first chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 2 Learning about the statistical infrastructure of portfolio concept Reading the second chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 3 Learning Markowitz theory which is the basis of portfolio theories and statistical computing of framework of this theory Reading the 5th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 4 Calculating the expected return and the risk of a single asset and a portfolio Reading the 6th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 5 Defining the concepts like optimum portfolio, utility and effective border Reading the 7th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 6 Assumptions of Capital Assets Pricing Model, Risk Free Rate, Capital Market Line, Security Line, Market Risk Premium Beta calculations Powerpoint slides, therotical discussions and brainstorming 7 Pricing Equity with CAPM and estimating return with characteristic line Reading the 8th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 8 Mid-term Exam Preperation for the exam Written exam 9 Learning about Single Index Models Reading the 9th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 10 Arbitrage Pricing Model and Mutli Index Model Reading the 22nd chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 11 Assesment Portfolio Performance; Treynor, Sharpe and Jensen Performance Criterion Reading the 18th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 12 Active-Passive Portfolio Managemenet Reading the 18th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 13 International Diversification Reading the 12th chapter of ınvestment and portfolio analysis book Powerpoint slides, therotical discussions and brainstorming 14 Portfolio Presentation Portfolio Presentation Written and oral presentations 15 Portfolio Presentation Portfolio Presentation Written and oral presentations 16/17 Final Exam Preperation for the exam Written and oral presentations   Required Course Resources Resource Type Resource Name Recommended Course Material(s)  Yatırım Analizi ve Portföy Yönetimi, Mehmet Baha Karan  Borsada Uygulamalı Portföy Yönetimi, Ali Ceylan, Turan Korkmaz  Sermaye Piyasası,Menkul Kıymetler ve Portföy Analizi, Mehmet Bolak  Modern Portfolio Theory and Investment Analysis, Elton & Gruber.  Portfolio Management, James L.Farrel. Required Course Material(s)   Assessment Methods and Assessment Criteria Semester/Year Assessments Number Contribution Percentage     Mid-term Exams (Written, Oral, etc.) 1 60     Homeworks/Projects/Others 1 40 Total 100 Rate of Semester/Year Assessments to Success 40   Final Assessments 100 Rate of Final Assessments to Success 60 Total 100   Contribution of the Course to Key Learning Outcomes # Key Learning Outcome Contribution* 1 Explains the creation of theoretical and quantitative models used in financial management and shows how to apply a statistical method. 4 2 Teaches how to interpret the findings as a result of the application of statistical and theoretical models used in financial management methods. 4 3 Determines the appropriate methods to solve the problems encountered in business. 3 4 Qustions the ways of traditional methods and if it´s needed develops and implements new approaches. 4 5 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 6 Provides an accurate analysis of the basic financial statements to reach the most appropriate conclusion. 3 7 Encourages taking responsibility, claiming the lead and working effectively in a team and / or individually. 5 8 Keeps track of the latest developments in the field as a recognition of the need for lifelong learning and constant renewal. 5 9 Utilises different sources in a new field, synthesizes the obtained information and presents the outcomes effectively. 5 10 Taking the goals and objectives of the banking sector, its size, resources and culture into account, determines the most appropriate approach to financial management . 3 11 Having a comprehensive knowledge about Capital Markets, it´s tools and institutions, such as BIST and the World Stock Exchanges, utilizes the best ways in the field. 5 12 Defines the basic theoretical models and numerical methods for finance function and describes the intended use. In addition, indicates weak and strong aspects of each model. 5 13 Allows the analysis of strategic and operational plans for financial companies, and creates sufficient knowledge to find a solution to the problems that might arise. 4 * Contribution levels are between 0 (not) and 5 (maximum).   Student Workload - ECTS Works Number Time (Hour) Total Workload (Hour) Course Related Works     Class Time (Exam weeks are excluded) 14 3 42     Out of Class Study (Preliminary Work, Practice) 14 5 70 Assesment Related Works     Homeworks, Projects, Others 1 10 10     Mid-term Exams (Written, Oral, etc.) 1 5 5     Final Exam 1 10 10 Total Workload: 137 Total Workload / 25 (h): 5.48 ECTS Credit: 5