Derivative Instruments
Accounting and Finance
Institute of Social Sciences
Second Cycle (Master's Degree)
| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Derivative Instruments | MUF138 | Elective | Master's degree | 1 | Spring | 6 |
Name of Lecturer(s)
Prof. Dr. Abdurrahman FETTAHOĞLU
Prof. Dr. Vasfi HAFTACI
Associate Prof. Dr. Sibel FETTAHOĞLU
Associate Prof. Dr. Hakan KAPUCU
Learning Outcomes of the Course Unit
1) Evaluating critical knowledge and skills critically
2) Informing relevant persons and institutions in matters related to the field, transmitting solutions to problems in written and verbal ways
3) Expounding their thoughts and proposed solutions based on qualitative and quantitative data
4) Explaining option and option evaluation
5) Explaining credit derivatives
6) Explaining future conracts and its mechanism
Program Competencies-Learning Outcomes Relation
| Program Competencies | ||||
| 1 | 2 | 3 | ||
| Learning Outcomes | ||||
| 1 | High | High | High | |
| 2 | High | High | High | |
| 3 | High | High | High | |
| 4 | High | High | High | |
| 5 | High | High | High | |
| 6 | High | High | High | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
None
Course Contents
This course equips candidates with in-depth knowledge on financial innovation, option market, option evaulation, option strategies, forward contracts, future contracts, swaps, credit derivatives.
Weekly Schedule
1) Financial Innovations2) Option and Option Evaluation
3) Option and Option Evaluation
4) Option and Option Evaluation
5) Option Strategies
6) Real Option
7) Hedging and arbitrage with Forward Contracts
8) Midterm examination/Assessment
9) Future Conracts and its mechanism
10) Arbitrage with Currency Future Contracts
11) Hedging and Arbitrage with Interest Future contracts
12) Hedging and arbitrage with Indices Future Contracts
13) Swaps
14) Credit derivatives
15) Credit Derivative
16) Final examination
Recommended or Required Reading
1- Fettahoğlu, Abdurrahman, Menkul Değerler Yönetimi, İstanbul, 2003.
Fettahoğlu, Abdurrahman, Finansal Piyasalarda Yenilikler ve 1980 Sonrası Türkiye, Ankara, 1991.
2- Hull, John; Options, Futures and Other Derivatives, 6th ed., USA, 2008.
3- Ceylan, Ali ve Turhan Korkmaz, Finansal Teknikler, Bursa, 2008.
4- Miller, Merton; Merton Miller on Derivatives, USA,1997.
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Demonstration
5) Group Study
Assessment Methods and Criteria
Contribution of Midterm Examination to Course Grade |
30% |
|---|---|
Contribution of Final Examination to Course Grade |
70% |
Total |
100% |
Language of Instruction
Turkish
Work Placement(s)
Not Required