İŞL467

School of Economics and Administrative Sciences \ Business Administration

3

6

Elective

Turkish

-

Management

This course examines the basic dynamics of financial markets and risk management strategies in global markets. Topics such as currency risk management, the functioning of foreign exchange and commodity markets, the interest rate-parity relationship and intermarket analysis are covered. In addition, current financial issues such as the impact of central banks' reserve diversification policies on prices and the measurement of risk appetite in global markets are discussed in depth. The course aims to enable students to analyse risks in financial markets, make strategic decisions and apply their theoretical knowledge through case studies.

1. Financial Management - Lecture Notes
2. Financial Markets, Institution Organizations and Vehicles - Course Notes

To provide students with basic knowledge and analysis skills on currency risk management and foreign exchange market transactions,
To provide the ability to measure risk appetite in global markets and evaluate these risks,
To teach the functioning of commodity markets (gold, silver, oil, etc.) and the impact of these markets on financial decision-making processes,
To provide the ability to understand the interest and parity relationship and to use this relationship in financial strategies, To provide the understanding of dynamic interactions between financial markets by teaching inter-market analysis methods,
To provide the ability to evaluate the impact of Central Banks' reserve diversification policies on prices,
To develop the ability to apply theoretical knowledge to practical situations through case studies.

1. Compare international exchange rate systems and analyse their strengths and weaknesses.
2. Evaluate the risk appetite in global markets and interpret its impact on financial decision-making processes.
3. Explain the trading mechanisms and derivatives (options, futures) in foreign exchange markets.
4. Analyse the role of commodity markets (gold, silver, oil, etc.) in financial markets.
5. Explain interest rate and parity relations and evaluate their effects on financial markets.
6. Analyse financial market dynamics by learning intermarket analysis methods. to gain the ability to evaluate.
7. Analyse the reserve diversification strategies of central banks and evaluate the effects of these policies on markets.
8. To be able to learn financial risk management strategies and make applications in managing exchange rate risk.
9. Analyse the changes in international markets by following current financial developments.
10. Apply theoretical knowledge to real world scenarios through case studies and case analyses.

Week 1: Introduction to Financial Management
Week 2: Time Value of Money
Week 3: Bond Valuation
Week 4: Stock Valuation
Week 5: Fundamentals of Capital Budgeting - Investment Analysis Criteria
Week 6: Investing in Long Term Assets: Capital Budgeting
Week 7: Investing in Long Term Assets: Capital Budgeting
8. Week Midterm Exam Solution
Week 9: Capital Structure and Leverage - Calculation of Break-even Point in terms of Accounting and Finance
Week 10: Cost of Capital
Week 11: Distributions to Shareholders: Dividends and Share Repurchases - Stock Pricing in Bonus, Bonus and Dividend Distributions
Week 12: Risk and Return Ratios - Portfolio Optimisation

• Midterm 40 %
• Final 40 %
• Homework and Project 20 %