Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İŞLD618 - BUSINESS MANAGEMENT (PHD)

Code: İŞLD618 Course Title: DERIVATIVE PRODUCTS AND FINANCIAL RISK MANAGEMENT Theoretical+Practice: 3+0 ECTS: 6
Year/Semester of Study 1 / Spring Semester
Level of Course 3rd Cycle Degree Programme
Type of Course Optional
Department BUSINESS MANAGEMENT (PHD)
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer AHMET TANÇ (atanc@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
The purpose of this course is, as a tool against the commodity price risk, interest rate risk and foreign exchange risk to discuss the working process of the derivative financial instruments and despite the financial risk is to explain how to increase firm value.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Can define the general concept of risk and risk classification Can define the techniques used in debt management Can define the futures markets Can distinguish the types of option contracts and it’s sorts. PO-1 The candidate can understand, analyze and interpret the basic concepts and functions of Business Science in expertise level, and can apply this ability in one or more fields such as Management and Organization, Marketing, Production Management, Quantitative Methods, Accounting and Finance in expertise level.
PO-2 The candidate will learn the different perspectives about numerous theories, models and paradigms that have developed in business fields such as management and organization, organizational behavior, marketing, finance, accounting, human resources, production management, quantitative methods, and the candidate can gain knowledge and skills to evaluate, interpret and criticize scientific studies and researches,which are presented in various scientific meetings, in these fields.
 		Examination
Presentation
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Bretton Woods system and the impact of international financial markets, Financial risks and risk sources, Calculation of portfolio risk and return, Derivatives and derivative markets, In risk management, scenario analysis and stress testing, Use of Value at Risk (VaR) in risk measurement, Risk management as a means of forward, futures and swap contracts, Midterm Exams, Option contracts and option pricing models as means of risk management tool,
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Bretton Woods system and the impact of international financial markets Lecture Discussion
2 Financial risks and risk sources Lecture Discussion
3 Calculation of portfolio risk and return Lecture Discussion
4 Derivatives and derivative markets Lecture Discussion
5 In risk management, scenario analysis and stress testing Lecture Discussion
6 Use of Value at Risk (VaR) in risk measurement Lecture Discussion
7 Risk management as a means of forward, futures and swap contracts Lecture Discussion
8 mid-term exam
9 Option contracts and option pricing models as means of risk management tool Lecture Discussion
10 Risk management of derivative products Lecture Discussion
11 Currency and interest rate risk management Lecture Discussion
12 Credit risk management Lecture Discussion
13 Other financial risks management Lecture Discussion
14 The implementation of financial risk measurement models Lecture Discussion
15 Country risk and international risk management Lecture Discussion
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 1. Finansal Pazarlar Finansal Kurumlar ve Sermaye Piyasası Analizleri, Serpil Canbaş ve Hatice Doğukanlı
2 2. Yatırım analizi ve Portföy Yönetimi, Mehmet Baha Karan
3 3. Türev Araçlar Lisanslama Rehberi, Vadeli İşlem ve Opsiyon Borsası A.Ş
4 4.Managing Financial Risk: Smithson;Smith ve Wiford
Required Course instruments and materials
books, articles and internet.

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 1 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 1 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 6 10 60
       b) Search in internet/Library 5 4 20
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 10 2 20
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 4 3 12
mid-term exam 1 1 1
Own study for final exam 5 5 25
final exam 1 1 1
0
0
Total work load; 181