Information Of Programmes

GULSEHIR VOCATIONAL SCHOOL OF SOCIAL SCIENCES / GBN 226 - BANKING AND INSURANCE

Code: GBN 226

Course Title: PORTFOLIO MANAGEMENT

Theoretical+Practice: 2+1

ECTS: 3

Year/Semester of Study

2 / Spring Semester

Level of Course

Short Cycle Degree Programme

Type of Course

Optional

Department

BANKING AND INSURANCE

Pre-requisities and Co-requisites

None

Mode of Delivery

Face to Face

Teaching Period

14 Weeks

Name of Lecturer

MEHMET UÇAR (mehmet.ucar@nevsehir.edu.tr)

Name of Lecturer(s)

Language of Instruction

Turkish

Work Placement(s)

None

Objectives of the Course

To introduce students to investment instruments, teach the concepts of risk and return, and provide basic knowledge and skills in portfolio creation, diversification, management and performance evaluation.

Learning Outcomes		PO	MME
The students who succeeded in this course:
LO-1	Be able to define and compare investment instruments.	PO-1 1. Create enough background especially for economics, business management and its sub-branches. PO-5 5. Know necessary information about banking profession both theoretically and practically.	Examination
LO-2	Analyze the relationship between risk and return.	PO-1 1. Create enough background especially for economics, business management and its sub-branches.	Examination
LO-3	Be able to apply basic portfolio construction and diversification strategies.	PO-5 5. Know necessary information about banking profession both theoretically and practically. PO-6 6. Solve any problem they face in banking sector with their knowledge about banking.	Examination
LO-4	Be able to measure and interpret portfolio performance.	PO-5 5. Know necessary information about banking profession both theoretically and practically. PO-6 6. Solve any problem they face in banking sector with their knowledge about banking.	Examination
PO: Programme Outcomes MME:Method of measurement & Evaluation

Course Contents
This course aims to teach students the basics of investment decisions, introduce investment instruments in financial markets and provide effective portfolio management principles. Risk-return analysis is performed within the framework of instruments such as stocks, bonds, mutual funds and foreign exchange, and portfolio diversification strategies are applied. Within the scope of the course, modern portfolio theory, capital asset pricing model (CAPM) and portfolio optimization techniques are discussed. In addition, investment performance measurement methods (Sharpe, Treynor and Jensen Alpha) and the effects of behavioral finance on investment decisions are examined. Current themes such as ethical principles, investor rights and the impact of digitalization on portfolio management are also covered, and students' critical thinking and application skills are developed. In the applied aspect of the course, students have the opportunity to develop their strategic decision-making skills by creating individual portfolios.
Weekly Course Content
Week	Subject	Learning Activities and Teaching Methods
1	Introduction to Portfolio Management: Concept of portfolio, difference between investment and saving, investment decision process	Lecture, Question and Answer, Discussion
2	Investment Instruments I: Stocks, bonds, term deposits	Lecture, Question and Answer, Discussion
3	Investment Instruments II: Investment funds, foreign exchange, gold and other assets	Lecture, Question and Answer, Discussion
4	Risk and Return: Types of financial risk, expected return calculation	Lecture, Question and Answer, Discussion
5	Portfolio Theory: Modern portfolio theory, efficient frontier, variance-covariance	Lecture, Question and Answer, Discussion
6	Diversification: Systematic and unsystematic risk, diversification methods	Lecture, Question and Answer, Discussion
7	Portfolio Optimization: Creating and analyzing portfolios based on investment preferences	Lecture, Question and Answer, Discussion
8	mid-term exam
9	CAPM (Capital Asset Pricing Model): Asset pricing with beta, risk-free return, market premium	Lecture, Question and Answer, Discussion
10	Behavioral Finance and Investment Decisions: Investor psychology, cognitive errors, herd behavior	Lecture, Question and Answer, Discussion
11	Portfolio Performance Measurement: Measurement with Sharpe, Treynor, Jensen Alpha ratios	Lecture, Question and Answer, Discussion
12	Portfolio Rebalancing: Portfolio update methods and practices	Lecture, Question and Answer, Discussion
13	Ethics in Portfolio Management: Ethics, transparency and investor protection	Lecture, Question and Answer, Discussion
14	Evaluation of portfolios created by students	Lecture, Question and Answer, Discussion
15	General Assessment: Review of all topics and student portfolio presentations	Lecture, Question and Answer, Discussion
16	final exam
Recommend Course Book / Supplementary Book/Reading
1	Portföy Yönetimi, Prof.Dr. Turhan Korkmaz, Prof.Dr. Nurhan Aydın, Prof.Dr. Güven Sayılgan (2019), e- kitap: https://ets.anadolu.edu.tr/storage/nfs/BSI206U/ebook/BSI206U-13V1S1-8-0-1-SV1-ebook.pdf
2	Yatırım Analizi ve Portföy Yönetimi, Prof. Dr. Mehmet Baha Karan (2021), Gazi Kitabevi
3	Sermaye Piyasası Kurulu Piyasa Gözetim ve Düzenleme Dairesi- Emine Ebru Akbulut- Yeterlik Etüdü-(2000)
Required Course instruments and materials
Textbooks, Lecture Notes, Computer

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	1	14	14
b) Search in internet/Library	1	14	14
c) Performance Project			0
d) Prepare a workshop/Presentation/Report	1	4	4
e) Term paper/Project			0
Oral Examination			0
Quiz			0
Laboratory exam			0
Own study for mid-term exam	1	7	7
mid-term exam	1	1	1
Own study for final exam	1	7	7
final exam	1	1	1
			0
			0
Total work load;			90