COURSE UNIT TITLE

: SEMINAR IN FINANCIAL DERIVATIVES

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
DBA 6132 SEMINAR IN FINANCIAL DERIVATIVES ELECTIVE 3 0 0 7

Offered By

Business Administration (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR MÜBECCEL BANU DURUKAN SALI

Offered to

Business Administration (English)

Course Objective

The objective of this course is to introduce students the concept and implementation of financial derivatives. The course is designed to provide participants with a comprehensive understanding of the mechanics of financial derivatives markets, futures prices, hedging and trading strategies using financial derivatives. The course focuses on the usage of financial derivatives instruments for hedging and risk management.

Learning Outcomes of the Course Unit

1   Describe financial derivatives and fundamental concepts.
2   Discuss financial derivatives pricing and strategies.
3   Illustrate the the effects of financial derivatives strategies and their implications on corporations and the economy.

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 derivatives
2 Mechanics of Futures and Forward Markets
3 Hedging Strategies Using Financial Futures Contracts
4 Hedging Strategies Using Financial Futures Contracts
5 Determination of Forward and Futures Prices
6 Interest rate swaps, currency swaps and Credit Default Swaps( CDS).
7 Introduction to Mechanics of Option Markets
8 Trading Strategies Involving Options
9 Option Pricing
10 Option Pricing
11 Financial Derivatives Mishaps
12 Financial Derivatives Mishaps

Recomended or Required Reading

1. John Hull [H] (2011): Options, Futures and other Derivatives. 8th Edition, Prentice
Hall. ISBN: 0132164949
2. Chance and Brooks, An introduction to derivatives and risk management, 7th ed., Thomson South-Western
3. Articles

Planned Learning Activities and Teaching Methods

Lecture, discussions, case studies, problem solving.

Assessment Methods

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


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The students will define the mechanics of forwards, futures, swaps and options.
2. The students will adapt theoretical concepts to hedging strategies by using futures and forwards.
3. The students will design a swap in the absence or presence of a financial intermediary.
4. The students will design strategy which incorporates the use of call and put options.
5. The students will discuss the financial derivatives usage around the world.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

banu.durukan@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 assignments 8 5 40
Preparing presentations 3 5 15
Midterm 1 3 3
Final 1 3 3
TOTAL WORKLOAD (hours) 178

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7
LO.15525455
LO.25525455
LO.35525455

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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