| Semester | Course Unit Code | Course Unit Title | T+P+L | Credit | Number of ECTS Credits |
| 5 | BA407 | FINANCIAL DERIVATIVES | 3+0+0 | 3 | 5 |
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Language of Instruction
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English
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Level of Course Unit
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Bachelor's Degree
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Department / Program
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BUSINESS ADMINISTRATION
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Type of Program
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Formal Education
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Type of Course Unit
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Elective
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Course Delivery Method
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Face To Face
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Objectives of the Course
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Provide fundamental knowledge for derivatives market.
Introduce financial risk hedge tools.
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Course Content
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The course covers the following topics: futures and forward contracts, options, swaps, pricing the financial derivatives and Greeks (risk management). This course starts with the review of portfolio optimization theory and CAPM (Capital Asset Pricing Model). By the end of this course students are expected to have a good knowledge of how financial contracts work, where to use them, and how they are priced. Individuals who are capable of analyzing financial derivatives are in great demand as an analyst in stock exchange markets, commodity markets and financial intermediaries throughout the world.
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Course Methods and Techniques
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Evaluation Criteria Weight (%)
Assignments 20%
Midterm Exam 40%
Final Exam 40%
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Prerequisites and co-requisities
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( BA207 )
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Course Coordinator
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None
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Name of Lecturers
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Instructor Dr. Seyit Gokmen seyit.gokmen@agu.edu.tr
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Assistants
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None
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Work Placement(s)
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No
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Recommended or Required Reading
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Resources
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Financial Derivatives: Pricing and Risk Management Robert W. Kolb
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Course Category
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Social Sciences
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%20
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Field
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%80
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Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
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In-Term Studies
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Quiz/Küçük Sınav
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1
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%
40
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Ödev
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1
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%
20
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Final examination
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1
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%
40
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Total
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3
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%
100
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ECTS Allocated Based on Student Workload
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Activities
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Total Work Load
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Yazılı Sınav
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1
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25
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25
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Sınıf İçi Aktivitesi
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14
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2
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28
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Soru Çözümü
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1
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5
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5
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Okuma
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1
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10
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10
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Araştırma
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1
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10
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10
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Yüz Yüze Ders
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14
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3
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42
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Asenkron Ders
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1
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5
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5
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Final Sınavı
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1
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25
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25
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Total Work Load
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Number of ECTS Credits 5
150
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Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
| No | Learning Outcomes |
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1
| Interpret how the financial derivatives work |
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2
| Differentiate the mechanics of derivative assets |
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3
| Discuss which hedge strategy is better |
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4
| Explain how the risk can be assessed |
Weekly Detailed Course Contents
| Week | Topics | Study Materials | Materials |
| 1 |
Introduction to Derivatives Markets
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| 2 |
Forward and Futures Pricing
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| 3 |
Hedging With Futures
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| 4 |
Interest Rates and Duration
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| 5 |
SWAPS
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| 6 |
Midterm Exam
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| 7 |
Active Learning Week
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| 8 |
Options Markets
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| 9 |
Binominal Model
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| 10 |
Black-Scholes-Merton Model
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| 11 |
Option Pricing
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| 12 |
Course Evaluation
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| 13 |
Final Exam
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Recommended Optional Programme Components
| BA207 PRINCIPLES OF FINANCE |
Contribution of Learning Outcomes to Programme Outcomes
Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant
https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=71905&lang=en