Faculty: Master of Business Administration

Department : Management

Lecture Name : Introduction Portfolio Management and Investment Analysis

Lecturer : Assoc. Prof. Burak Saltoğlu

Aim: The main purpose of this course is to give the basic tools for investment analysis and portfolio management. Basic topics will include risk, return relationship risk diversification and asset pricing relations. The student will acquire a background how to interpret certain macroeconomic and financial events within the context of stock market valuation. Certain modern financial instruments such as derivatives will be explained and their use in the context of portfolio selection will be explained in detail.   

Method: Lecturing, Theoretical Problem Solving, Applications.

Textbook : Investment Analysis and Portfolio Management, Reilly and Brown, 1997, Dryden.  

Evaluation:          Midterm (%30)

                            Quiz 1,2   (%10)

                             Final        (%60)

Weekly Course Schedule

1.      Week     Introduction and Statistical Review

2.      Week     Basic investment valuation tools: NPV, IRR

3.      Week     Risk and return relationship

4.      Week     Markowitz’s portfolio selection model

5.      Week     Capital asset pricing model (Quiz 1)

6.      Week    Arbitrage Pricing Model

7.      Week     Market Efficiency

8.      Week     Midterm

9.      Week     Stock valuation model: Three step valuation

10.  Week     Technical analysis

11.  Week     Bond pricing and using fixed income securities in the context of bond pricing

12.  Week     Use of derivative securities in the portfolio selection

13.  Week     Using Options

14.  Week    Using futures and swaps

15.  Week    Risk management and Value at Risk Models