BNK 211 | Course Introduction and Application Information

Course Name
Futures Exchange Transactions
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
BNK 211
Fall/Spring
3
0
3
4

Prerequisites
None
Course Language
Turkish
Course Type
Elective
Course Level
Short Cycle
Course Coordinator -
Course Lecturer(s)
Assistant(s) -
Course Objectives The purpose of this course is to give detailed knowledge about the functioning of derivative financial investment tools the basic concepts of the course including the examination of the different objectives and fields of uses.
Course Description The students who succeeded in this course;
  • will be able to define basic concepts related to futures.
  • will be able to express the functioning of futures and derivative transactions.
  • will be able to distinguish the differences of derivative transactions.
  • will be able to express the purposes of derivative transactions.
  • will be able to use derivatives for risk management.
Course Content In this course, students will learn the basic concepts of the types of derivative investment tools and also the functioning and purposes of each.

 



Course Category

Core Courses
Major Area Courses
Supportive Courses
X
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 What is VIOP? Historical development of derivative markets, functions and types of derivatives. Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 17-35
2 Major EMTIA Derivative Markets, Benchmark Markets, Clearing House, Market Making, Quotas Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 36-50
3 Option Contracts, Opposition Positions, Option in Profit-Loss Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 51-60
4 Position and Transaction Limits, Option Strategies (Long Jib, Short Jib, Long Dish, Short Dish) Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 61-67
5 Option Strategies (Long Jib, Short Jib, Long Dish, Short Dish) Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 61-67
6 Bear, Bull and Butterfly Strategies Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 67-80
7 Bear, Bull and Butterfly Strategies Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 67-80
8 Bear, Bull and Butterfly Strategies, Factors effects price. Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 80-82
9 MID TERM EXAM MID TERM EXAM
10 Forward Contracts Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 83-89
11 Futures Contracts, Guarantees, Bid Methods Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 89-98
12 Pricing Future Contracts Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 99-108
13 Protection with Commodity Futures Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 109-116
14 Investment in derivatives based on EMTIA (Swap, Matured Transaction Options, Warrants) Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781. Pages 117-127
15 Review of the Term -
16 FINAL EXAM FINAL EXAM

 

Course Notes/Textbooks

Türev Piyasalar, Emtia Türevleri, Opsiyonlar, Vadeli İşlem Sözleşmeleri, Dr. Ayben Koy, Nisan 2018, / 1. Baskı, ISBN: 9750247781.

Suggested Readings/Materials

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EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
40
Final / Oral Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
2
50
Weighting of End-of-Semester Activities on the Final Grade
1
50
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
Including exam week: 16 x total hours
16
3
48
Laboratory / Application Hours
Including exam week: 16 x total hours
16
Study Hours Out of Class
16
2
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
20
Final / Oral Exam
1
25
    Total
125

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To record, edit and close entries and to analyze financial statements X
2 To discuss the role and function of banks in the economy. X
3 To know the services offered by commercial banks and to apply the principles and processes. X
4 To get basic investment knowledge, combine academic studies and the financial markets X
5 To manage the risks and to take advantage of opportunities to use derivative instruments in futures markets X
6 To assess the financial and economic situation, the income statement and the balance sheet, in particular to analyze the financial statements X
7 To know Insurance policies, processes and products X
8 To know basic knowledge of law as well as banking law, insurance law and capital market law to be informed about X
9 To gain financial marketing and sales capabilities X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest