Department of Banking and Insurance (Turkish)

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
Mode of Delivery	-
Teaching Methods and Techniques of the Course	-
National Occupation Classification	-
Course Coordinator	-
Course Lecturer(s)	Öğr. Gör. Emir ÇETİNKAYA
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.

Learning Outcomes

#	Content	PC Sub	* Contribution Level
#	Content	PC Sub	1	2	3	4	5
1	will be able to define basic concepts related to futures.
2	will be able to express the functioning of futures and derivative transactions.
3	will be able to distinguish the differences of derivative transactions.
4	will be able to express the purposes of derivative transactions.
5	will be able to use derivatives for risk management.

Course Description

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	Learning Outcome
1	Basic Concepts of Derivative Instruments History of derivative markets, derivative instruments Markets	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 1-14
2	Futures Contracts	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 14-35
3	Option Contracts, Opposition Positions, Option in Profit-Loss	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 35-45
4	Option Types and Factors Affecting Option Price	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 35-45
5	Warrants vs. Options	https://www.isvarant.com/media/33789/varant-kitapcigi.pdf https://www.borsaistanbul.com/urunler-ve-piyasalar/urunler/araci-kurulus-varantlari
6	SWAP Contracts	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 45-55
7	Other Derivative Instruments	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 56-64
8	Review	-
9	MID TERM EXAM	MID TERM EXAM
10	Use of Derivative Instruments in Risk Management	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 68-78
11	Pricing of Derivative Instruments	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 78-104
12	Derivative Instrument Strategies	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 112-138
13	Derivative Instrument Strategies	Türev Araçlar, Piyasalar ve Risk Yönetimi Prof Dr. Burak Saltoğlu SPL Lisanslama Ders Notları 30/Haziran/2019 Ps: 112-138
14	Certificates	https://www.borsaistanbul.com/data/kilavuzlar/Borsa_Yatirim_Fonlari_Varantlar_ve_Sertifikalar.pdf
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	-

EVALUATION SYSTEM

Semester Activities	Number	Weighting	LO 1	LO 2	LO 3	LO 4	LO 5
Participation	1	10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm	1	40
Final 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
Theoretical Course Hours (Including exam week: 16 x total hours)	16	3	48
Laboratory / Application Hours (Including exam week: '.16.' x total hours)	16		0
Study Hours Out of Class	16	2	32
Field Work			0
Quizzes / Studio Critiques			0
Portfolio			0
Homework / Assignments			0
Presentation / Jury			0
Project			0
Seminar / Workshop			0
Oral Exam			0
Midterms	1	20	20
Final Exam	1	25	25
		Total	125

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#	PC Sub	Program Competencies/Outcomes	* Contribution Level
#	PC Sub	Program Competencies/Outcomes	1	2	3	4	5
1	To be able to develop themselves in the subjects of obtaining the financial resources necessary for the activities of individuals and enterprises under the most favorable conditions and examining the use of the accumulated funds.		-	-	X	-	-
2	To be able to discuss the role, importance and functions of the institutions providing banking and insurance services in the economic system		-	-	-	-	-
3	To be able to evaluate the organizational structure, business processes, and service portfolios of banks, insurance companies, and other financial institutions operating in the sector.		-	-	-	-	-
4	To be able to develop skills in identifying, measuring, and assessing financial and operational risks, and to acquire fundamental knowledge to understand and apply insurance products against these risks.		-	-	-	-	X
5	To be able to recognize financial products offered in the banking and insurance sector, and to gain skills in effective marketing and sales, as well as managing long-term customer relationships.		-	-	-	-	-
6	To be able to possess basic legal knowledge and closely monitor legislative changes relevant to the field.		-	-	-	-	-
7	To be able to possess basic knowledge of accounting and analyze financial statements to evaluate the financial status of businesses.		-	-	-	-	-
8	To be able to follow technological innovations in the financial sector and acquire knowledge about the role of blockchain and artificial intelligence applications in the industry.		-	-	-	-	-
9	To be able to make decisions based on the principles of professional ethics, accountability and responsibility		-	-	-	-	-
10	To be able to follow international financial markets and global economic indicators by using English at least at the A2 level of the "European Language Portfolio"		-	-	-	-	-
11	To be able to analyze and interpret banking and insurance data, and to develop data-driven strategies for financial decision-making.		-	-	-	-	-
12	To be able to acquire knowledge about the components of national and international systems and the implementation of sector policies.		-	-	-	-	-
13	To be able to direct his/her education to a further level of education		-	-	-	-	-