| Course Name |
Funds Management in Commercial Banks
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
ECON 511
|
Fall/Spring
|
3
|
0
|
3
|
5
|
| Prerequisites |
None
|
|||||
| Course Language |
English
|
|||||
| Course Type |
Elective
|
|||||
| Course Level |
Second Cycle
|
|||||
| Course Coordinator | - | |||||
| Course Lecturer(s) | - | |||||
| Assistant(s) | - | |||||
| Course Objectives | To acquaint the graduate students with the very basics of fund management (treasury management) at commercial banks, help them understand market risks, and capital and liquidity adequacy for commercial banks, develop their own interpretations on BASEL I, II, and III. |
| Course Description |
The students who succeeded in this course;
|
| Course Content | The course focuses on treasury management issues of commercial banks. |
|
|
Core Courses | |
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Management Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Related Preparation |
| 1 | Funds and commercial banks, a quick look at the financial markets | |
| 2 | A quick reminder about securities, A quick reminder about foreign exchanges, and trading techniques | |
| 3 | Derivatives under the roof of futures exchanges, and over the counter contracts | |
| 4 | The relationship between interest rates and bond prices, yield concepts per se, Pricing and handling securities at the Istanbul Stock Exchange, Money market yields | |
| 5 | Duration models, GAP analyses, Asset and liabilities management | |
| 6 | Managing interest rate risk | |
| 7 | Financial futures and interest rate swaps | |
| 8 | Use of options on financial futures | |
| 9 | Reserve requirement for banks, Capital and liquidity ratios for banks in Turkey, BASELL I, II, III | |
| 10 | Fund raising techniques worth mentioning separately, Syndicated loans, REPOs and REVERSE REPOs | |
| 11 | Turkish Interbank | |
| 12 | Fund utilizations in Turkish banking | |
| 13 | Risk and return concepts and calculations, Portfolio management, The Markowitz Model, Expost versus exante calculations | |
| 14 | Risk of security, Portfolio risk, Covariance | |
| 15 | Offbalancesheet items, Securitization, Mortgage financing | |
| 16 | Review of the Semester |
| Course Notes/Textbooks | Mr. Halit Soydan’s own Course Notes for ECON511 and Mr. Halit Soydan’s published book: Capital Markets (Used at present at the State University of Dokuz Eylül in Izmir) |
| Suggested Readings/Materials | Supplementary reading materials: (In addition to current hot topics of the week as appear at Turkish and international press, dailies, periodicals at electronic media or otherwise): Bank Management by Timothy W Koch, The Dreyden Press; Investment Analysis and Management by Charles P Jones, John Wiley and Sons; The Mathematics of Banking and Finance by Dennis Cox, Michael Cox; Mastering Financial Mathematics by Alastair L Day |
| Semester Activities | Number | Weigthing |
| Participation |
16
|
15
|
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project |
1
|
15
|
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm |
1
|
30
|
| Final Exam |
1
|
40
|
| Total |
| Weighting of Semester Activities on the Final Grade | 60 |
|
| Weighting of End-of-Semester Activities on the Final Grade | 40 |
|
| Total |
| 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
|
||
| Study Hours Out of Class |
16
|
5
|
|
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Homework / Assignments | |||
| Presentation / Jury | |||
| Project |
1
|
25
|
|
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms |
1
|
32
|
|
| Final Exam |
1
|
40
|
|
| Total |
225
|
|
#
|
Program Competencies/Outcomes |
* Contribution Level
|
||||
1 |
2 |
3 |
4 |
5 |
||
| 1 | To improve and deepen actual and advanced level knowledge in economics in the level of expertise by inventive thoughts and/or research and to get inventive contributions to science. |
X | ||||
| 2 | To comprehend the interaction between economics and related fields; to achieve inventive results by using knowledge requiring expertise in analysis, synthesis and evaluation of new and complex ideas. |
|||||
| 3 | To be able to apply the advanced level knowledge acquired in economics and finance. |
|||||
| 4 | Creating new knowledge by combining the knowledge of financial economics with the knowledge coming from other disciplines and also be able to solve problems which requires expert knowledge by applying scientific methods. |
|||||
| 5 | To be able to critically evaluate the knowledge in financial economics, to lead learning and carry out advanced level research independently. |
|||||
| 6 | Being able to use a foreign language for both following scientific progress and for written and oral communication. |
X | ||||
| 7 | To be able to develop new strategic approaches for unexpected, complicated situations in financial economics and take responsibility in solving it. |
|||||
| 8 | To be able to use computer programs needed in the field financial economics as well as information and communication technologies in advanced levels. |
|||||
| 9 | To possess the communication network to put the economic and social needs of the region of residence on the agenda. |
X | ||||
| 10 | To have adequate social responsibility and conciousness about the needs of society and to have the experience and authority to organize and support the operations that can affect and drive the social dynamics when necessary. |
|||||
| 11 | To be able to think analytically to identify problems in financial economics and to be able to make policy recommendations in economics and finance based on scientific analysis of issues and problems. |
|||||
| 12 | To protect the social, scientific and ethical values at the data collection, interpretation and dissemination stages and to be able to introduce and supervise these values. |
|||||
| 13 | To be able to use the skills of modeling, empirical analysis and formulating policy options that are developed for financial economics, in interdisciplinary contexts. |
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*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
