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SECTION I: GENERAL INFORMATION ABOUT THE COURSE

Course Code Course Name Year Semester Theoretical Practical Credit ECTS
60412MEEOZ-BUS0206 Financial Institutions 3 Spring 3 0 3 5
Course Type : Compulsory
Cycle: Bachelor      TQF-HE:6. Master`s Degree      QF-EHEA:First Cycle      EQF-LLL:6. Master`s Degree
Language of Instruction: English
Prerequisities and Co-requisities: N/A
Mode of Delivery: E-Learning
Name of Coordinator: Profesör Dr. MUAMMER MUSTAFA ERDOĞDU
Dersin Öğretim Eleman(lar)ı: Profesör Dr. MUAMMER MUSTAFA ERDOĞDU
Dersin Kategorisi: Programme Specific

SECTION II: INTRODUCTION TO THE COURSE

Course Objectives & Content

Course Objectives: The aim of this course is to equip students with basic academic knowledge about financial institutions, financial instruments and regulatory institutions.
Course Content: Financial system, financial institutions, market structure and legal regulations, money market institutions, capital market institutions, financial instruments, borrowing instruments, equity instruments, financial supervisory and regulatory authorities will be examined.

Course Learning Outcomes (CLOs)

Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
Knowledge (Described as Theoritical and/or Factual Knowledge.)
  1) Have knowledge of financial markets and functions of financial systems.
  2) Recognise functions and roles of financial institutions in the markets.
Skills (Describe as Cognitive and/or Practical Skills.)
Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)
  1) Realise the functions of domestic and international financial markets and financial system
  2) Analyse the role of central bank and commercial banks in financial markets.

Weekly Course Schedule

Week Subject
Materials Sharing *
Related Preparation Further Study
1) Why should we study financial markets and financial institutions?, Debt and equity markets, Central bank and financial risk concepts.
2) An overview of the financial system, debt and equity markets, the structure of the financial system, basic financial institutions.
3) Introduction to the formation of interests and the time value of money, the role of interest in valuation present value, reel interest, negative interest rate.
4) Why Do Interest Rates Change?, determinants of asset demand, supply and demand in the bond market, changes in equilibrium interest rates.
5) Are financial markets efficient?, efficient market hypothesis, the forms of efficiency, random walk hypothesis.
6) Why Do Financial Institutions Exist?, transaction costs on financial markets, asymmetry information, adverse selection, moral hazard, the lemon problem of AKerlof
7) Why Do Financial Crises Occur and Why Are They So Damaging to the Economy?, the dynamics of financial crisis, global financial crisis (2008)
8) Central banks, the origins of central banks, Variations in the Functions and Structures of Central Banks, Central Bank of Turkey Republic.
9) Conduct of Monetary Policy, open market operations, conventional monetary policy tools, nonconventional monetary policy tools.
10) Monetary policy goals, price stability, other goals of central banks, should price stability be the primary goal of monetary policy?
11) Money markets, the purpose of money markets, the institutions of money markets, comparing money market securities
12) The bond market, types of bonds, bond interest, the investment of bonds.
13) The stock market, investment in stock market, stock types, computing the price of common stock, stock valuation.
14) Supervisory and regulatory organisations in Turkey, Capital Markets Board of Turkey (CMBT), Banking Regulation and Supervision Agency (BRSA).
*These fields provides students with course materials for their pre- and further study before and after the course delivered.

Recommended or Required Reading & Other Learning Resources/Tools

Course Notes / Textbooks: Financial Markets and Institutions (Frederic S. MISKIN, Stanley EAKINS)
Financial Markets and Institutions (Jeff MADURA)
Financial markets and institutions (Peter HOWELLS, KeithBAIN)
Financial Institutions Management a Risk Management Approach (Anthony SAUNDERS, Marcia Millon CORNETT)
Finansal Piyasalar ve Kurumlar (Editör: Prof. Dr. Ramazan AKTAŞ, Prof. Dr. Mete DOĞANAY)
References: Dersin öğretim üyesince her hafta sağlanacak makale, sunum ve videolar.

SECTION III: RELATIONSHIP BETWEEN COURSE UNIT AND COURSE LEARNING OUTCOMES (CLOs)

(The matrix below shows how the course learning outcomes (CLOs) associates with programme learning outcomes (both KPLOs & SPLOs) and, if exist, the level of quantitative contribution to them.)

Relationship Between CLOs & PLOs

(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
CLOs/PLOs KPLO 1 KPLO 2 KPLO 3 KPLO 4 KPLO 5
1 2 1 2 1 2 3 1 2 3 4 1 2 3 4 5 6 7 8 9 10 11 12
CLO1
CLO2
CLO3
CLO4

Level of Contribution of the Course to PLOs

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Programme Learning Outcomes Contribution Level (from 1 to 5)
1) Use and apply area concepts and theories in sub-disciplines of business administration.
2) Have ability to effectively plan and use economic, technological and information sources and tools in organizations by using appropriate theories and methods.
3) Promote a climate of integrity, change and innovativeness within and around contemporary business environment of which they will become part of as an employee/manager.
4) Applies the theoretical knowledge in business life during a semester.
5) S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field.

SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE

Teaching & Learning Methods of the Course

(All teaching and learning methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)
Teaching and Learning Methods defined at the Programme Level
Teaching and Learning Methods Defined for the Course
Lectures
Discussion
Case Study
Problem Solving
Demonstration
Views
Laboratory
Reading
Homework
Project Preparation
Thesis Preparation
Peer Education
Seminar
Technical Visit
Course Conference
Brain Storming
Questions Answers
Individual and Group Work
Role Playing-Animation-Improvisation
Active Participation in Class

Assessment & Evaluation Methods of the Course

(All assessment and evaluation methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)
Aassessment and evaluation Methods defined at the Programme Level
Assessment and Evaluation Methods defined for the Course
Midterm
Presentation
Final Exam
Quiz
Report Evaluation
Homework Evaluation
Oral Exam
Thesis Defense
Jury Evaluation
Practice Exam
Evaluation of Implementation Training in the Workplace
Active Participation in Class
Participation in Discussions

Relationship Between CLOs & Teaching-Learning, Assesment-Evaluation Methods of the Course

(The matrix below shows the teaching-learning and assessment-evaluation methods designated for the course unit in relation to the course learning outcomes.)
LEARNING & TEACHING METHODS
COURSE LEARNING OUTCOMES
ASSESMENT & EVALUATION METHODS
CLO1 CLO2 CLO3 CLO4
-Lectures -Midterm
-Discussion -Presentation
-Case Study -Final Exam
-Problem Solving -Quiz
-Demonstration -Report Evaluation
-Views -Homework Evaluation
-Laboratory -Oral Exam
-Reading -Thesis Defense
-Homework -Jury Evaluation
-Project Preparation -Practice Exam
-Thesis Preparation -Evaluation of Implementation Training in the Workplace
-Peer Education -Active Participation in Class
-Seminar - Participation in Discussions
-Technical Visit
-Course Conference
-Brain Storming
-Questions Answers
-Individual and Group Work
-Role Playing-Animation-Improvisation
-Active Participation in Class

Contribution of Assesment & Evalution Activities to Final Grade of the Course

Measurement and Evaluation Methods # of practice per semester Level of Contribution
Quizzes 2 % 20.00
Midterms 1 % 30.00
Semester Final Exam 1 % 50.00
Total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
Total % 100

SECTION V: WORKLOAD & ECTS CREDITS ALLOCATED FOR THE COURSE

WORKLOAD OF TEACHING & LEARNING ACTIVITIES
Teaching & Learning Activities # of Activities per semester Duration (hour) Total Workload
Course 14 3 42
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 14 5 70
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 1 4 4
Total Workload of Teaching & Learning Activities - - 116
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES
Assesment & Evaluation Activities # of Activities per semester Duration (hour) Total Workload
Quizzes 2 2 4
Midterms 1 1 1
Semester Final Exam 1 1 1
Total Workload of Assesment & Evaluation Activities - - 6
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) 122
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) 5