COURSE UNIT TITLE

: FINANCIAL MARKETS AND INSTITUTIONS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
EMB 7018 FINANCIAL MARKETS AND INSTITUTIONS ELECTIVE 3 0 0 6

Offered By

Executive MBA

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR PINAR EVRIM MANDACI

Offered to

Executive MBA

Course Objective

The aim of the course is to give the students a detail information about the characteristics of money and capital markets, financial institutions and financial instruments in these markets. In addition it aims to give differences and interactions between these markets.

Learning Outcomes of the Course Unit

1   Explain types of financial markets pointing out basic functions of both the money and capital markets and their interactions between themselves.
2   Describe the functioning of central banks and commercial banks in order to identify their activities and roles in the financial system.
3   Clarify the characteristics of money markets institutions including central banks and commercial banks and capital market entities including brokerage firms, mutual funds, and investment trusts in order to explain their operations in financial markets.
4   Describe the functioning of Istanbul Stock Exchange (ISE) in order to identify the duties of ISE, the types of
5   Differentiate between money market instruments such as T-bills and commercial papers as well as capital market instruments such as equity and debt (fixed-income) instruments.
6   Illustrate market efficiency, emerging markets, global diversification, market integration, manipulation and

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Overview of Financial Markets
2 Money markets and Central banks
3 Commercial banks
4 Security firms and Investment Banks
5 Mutual Funds and Investment Trusts
6 Mid-Term
7 Insurance Companies and Pension Funds
8 Stock Markets
9 Borsa Istanbul (BIST)
10 Bond Markets
11 Derivative Markets
12 Presentations
13 Presentations
14 Final Exam

Recomended or Required Reading

1. Saunders and Cornett, Financial markets and Institutions, Fourth edition, McGraw-Hill, 2009.
2. Rose and Marquis, Money and Capital Markets, Tenth edition, McGraw-Hill, 2009.

Planned Learning Activities and Teaching Methods

Lecture, discussions, presentations.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 PRS PRESENTATION
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + PRS * 0.30 + FIN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + PRS * 0.30 + RST* 0.40

Further Notes About Assessment Methods

None

Assessment Criteria

1. The students will define the types of financial markets, institutions and instruments.
2. The students will differenciate between money markets, bond markets, mortgage markets, stock markets, foreign exchange markets and derivative markets.
3. The students will clearly define the functions of central banks, commercial banks and Istanbul Stock Exchange (markets, instruments, orders, indices and etc).
4. The students will define the characteristics and activities of central banks, commercial banks, insurance companies, investment banks, securities firms, mutual funds, investment trusts, hedge funds and pension funds
5. The students will differentiate between money market instruments including treasury bills and commercial papers and capital market instruments covering stocks and bonds.
6. The students will clearly define market efficiency, emerging markets, global diversification, market integration,
manipulation and insider trading.

Language of Instruction

English

Course Policies and Rules

1. Plagiarism of any type will result in disciplinary action.
2. Attending at least 70 percent of lectures is mandatory.
3. All assignments should be submitted on time. Otherwise will not be accepted.

Contact Details for the Lecturer(s)

pinar.evrim@deu.edu.tr, habil.gokmen@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 3 36
Preparation for midterm exam 1 20 20
Preparation for final exam 1 25 25
Preparing presentations 2 5 10
Preparing assignments 12 2 24
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 155

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8
LO.155553555
LO.255553555
LO.355553555
LO.455553555
LO.555553555
LO.655553555