BA5814 INVESTMENT MANAGEMENT
| Course Code: | 3125814 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 8.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Prof.Dr. ZEHRA NURAY GÜNER, Assoc.Prof.Dr. ÇAĞRI TOPAL |
| Offered Semester: | Fall and Spring Semesters. |
Course Objectives
The primary purpose in this course is to introduce students to the asset pricing models and the concepts of investments. In the first two thirds of the course, we will focus on characteristics of traditional equity and bond markets. In this section, we will also talk about one of two common analyses techniques, namely fundamental analyses, used for identifying investment alternatives. In the last one third of the course we will focus on professional portfolio management and evaluation of portfolio performance. Students enrolled in this course should have completed the equivalent of a course in Financial Management (BA 2802, BA 5802 or an equivalent). In addition to this, students should also have completed basic courses in economics, accounting and statistics. If you haven’t taken these courses and you are still interested in taking this course, please talk to me as soon as possible.
Course Content
The purpose of this course is to introduce the student to the area of investment with emphasis upon why individuals and institutions invest and how they invest. Topics include measures of risk and return; capital and money markets; process and techniques of investment valuation; principles of fundamental analysis; technical analysis; analysis and management of bonds; analysis of alternative investments; portfolio theory and application.
Course Learning Outcomes
Upon successful completion of this course, students should be able to:
Course Specific Skills:
Students who complete this course should be able to:
1. Understand dıfferences among characteristics of alternative investments
2. Conduct fundamental analysis
3. Identify and describe different types of risks inherent in each investment
4. Understand the importance of diversification in portfolio management and its impact on portfolio risk
5. Discuss the main differences and similarities between the CAPM and the APT
6. Estimate the systematic risk of a security in a CAPM and APT framework
7. Define duration and convexity, and have an understanding of their impact on bond prices
8. Understand the principles underlying professional portfolio management and portfolio performance evaluation
Discipline Specific Skills:
By the end of this course the students will be able to:
9. Become knowledgeable about equity and bond investments, and portfolio management;
10. Be able to apply the basic concepts of finance to valuation of different financial assets;
11. Develop skills in financial analysis, planning, and decision-making;
Personal and Key Skills:
12. Develop problem solving skills
13. Develop writing and discussion skills
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | They attain advanced level of knowledge in the functional areas of business administration such as strategic management, marketing, accounting, finance, organization management, human resources, and operations management. | ✔ | |||
| 2 | They are capable of synthesizing the knowledge that they attained in the area of business administration with the knowledge base that they developed in their undergraduate specialisms. | ✔ | |||
| 3 | They are capable of identifying and analyzing legal, environmental and social factors, which influence the basic functional areas of the business administration. | ✔ | |||
| 4 | They understand and implement rational, systematic and scientific approaches effectively in problem solving and decision-making processes. | ✔ | |||
| 5 | They are capable of applying, analyzing, synthesizing and evaluating the knowledge they developed in diverse fields efficiently. | ✔ | |||
| 6 | They are capable of transferring information by using efficient verbal and written communication techniques. | ✔ | |||
| 7 | They are capable of performing professional communication effectively also in English. | ✔ | |||
| 8 | They know methods of performing efficient teamwork. | ✔ | |||
| 9 | They are capable of understanding and synthesizing academic and scientific research in their areas and able to transform such research into useful knowledge. | ✔ | |||
| 10 | They have competence in all of the stages of scientific research and processes. | ✔ | |||
| 11 | They are knowledgeable in the areas of professional ethics and responsibility. | ✔ | |||
| 12 | They are capable of utilizing their knowledge and skills efficiently in global and multicultural contexts. | ✔ | |||
| 13 | They are knowledgeable in the issues of environment, social responsibility, social justice, quality and cultural values. | ✔ | |||
| 14 | They have a creative, innovative and critical perspective. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution