Course Name Code Semester T+U Hours Credit ECTS
Financial Markets and Institutions IEF 504 0 3 + 0 3 6
Precondition Courses IEF 509 COMPARATIVE FINANCIAL MANAGEMENT
Recommended Optional Courses
Course Language Turkish
Course Level yuksek_lisans
Course Type Optional
Course Coordinator Dr.Öğr.Üyesi MUSTAFA KENAN ERKAN
Course Lecturers
Course Assistants Feyyaz ZEREN
Course Category
Course Objective Providing conceptual knowledge of money and capital markets and institutions and equipping students with qualitative analysis skills, enabling them to assess the current system from the Islamic perspective and also providing a sound knowledge of Islamic capital markets and institutions.
Course Content The general structure and process of financial system, money and capital markets instruments, institutions, valuation and analysis methods, assets liabilities and risk management in financial institutions, Islamic capital markets and institutions..
# Course Learning Outcomes Teaching Methods Assessment Methods
1 General knowledge of financial system Lecture, Discussion, Testing, Homework,
2 Understanding interest rate mechanism Lecture, Problem Solving, Testing, Homework,
3 Sound knowledge of Financial markets instruments Lecture, Discussion, Testing, Homework,
4 Valuation of financial instruments Lecture, Question-Answer, Problem Solving, Testing, Homework,
5 Understanding the function and structure of financial institutions Discussion, Case Study, Lecture, Question-Answer, Testing, Homework,
6 Risk management in financial institutions Lecture, Discussion, Drilland Practice, Problem Solving, Testing, Homework, Performance Task,
7 Ability to assess the current system from Islamic Perspective Lecture, Question-Answer, Discussion, Case Study, Testing, Oral Exam, Homework,
Week Course Topics Preliminary Preparation
1 An Overview of Financial System Reading related chapters in the sources assigned.
2 Fundamentals of Interest Rate Mechanism Reading related chapters in the sources assigned.
3 Fundamentals of Capital Markets Reading related chapters in the sources assigned.
4 Capital Markets and Institutions in Turkey Reading related chapters in the sources assigned.
5 Bonds and Valuation of Bonds Reading related chapters in the sources assigned.
6 Stocks and Valuation of Stocks Reading related chapters in the sources assigned.
7 Other Financial Instruments: Sukuk Reading related chapters in the sources assigned.
8 Midterm exam
9 Financial Derivatives Reading related chapters in the sources assigned.
10 Risk-Return and Portfolio Reading related chapters in the sources assigned.
11 Commercial Banking Reading related chapters in the sources assigned.
12 Risk Management in Commercial Banks Reading related chapters in the sources assigned.
13 Other Bank Types: Development-Investment and Islamic Banks Reading related chapters in the sources assigned.
14 Insurance Companies Reading related chapters in the sources assigned.
Resources
Course Notes Mehmet SARAÇ, "SERMAYE PİYASALARI DERS NOTLARI", Sakarya Üniversitesi<br>Mehmet SARAÇ, "FİNANSAL KURUMLARDA RİSK YÖNETİMİ", Sakarya Üniversitesi
Course Resources T. KORKMAZ ve A. CEYLAN, "Sermaye Piyasası ve Menkul Değer Analizi", Ekin Yay. 2010
Frederick S. MISKHIN, "Financial Markets, Institutions, and Money," H.Collins Coll. Publ.
T. AL-DIWANY, "Faiz Sorunu" (Çev. M. SARAÇ), İz Yayıncılık.
S. BAYINDIR, "İslam Hukuku Penceresinden Vadeli İşlem Sözleşmeleri," İstanbul 2008
Z. IKBAL and A. MIRAKHOR, "An Introduction to Islamic Finance", Wiley.
Sudin HARON, Wan Nursofiza Wan AZMI, "Islamic Finance and Banking System: Philosophies, Principles and Practices", Kuala Lumpur: McGraw-Hill
Order Program Outcomes Level of Contribution
1 2 3 4 5
1 Having knowledge about Islamic moral understanding at academic level X
2 Having sufficient knowledge about basic concepts and methodology of Islamic law X
3 Having enough knowledge about Islamic commercial law X
4 Having enough knowledge and skills about economics and finance X
5 Ability to follow current developments in the global economy in the field of economics and finance X
6 To be able to make interdisciplinary academic studies between basic Islamic sciences and economics-finance sciences X
7 New developments in economics and finance, explanation and interpretation from the perspective of Islamic morality and law X
8 Be able to develop unique mechanisms and products in accordance with Islamic principles in the financial system X
9 To comply with ethical rules in the fields in which they are employed and in economic-commercial activities X
10 Having an understanding of the rights and benefits of all stakeholders of institutions X
11 Ability to give academic work on at least one foreign language X
12 Having the ability to use the necessary information technologies X
Evaluation System
Semester Studies Contribution Rate
1. Ödev 30
Total 30
1. Yıl İçinin Başarıya 50
1. Final 50
Total 100
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 4 64
Mid-terms 1 1 1
Assignment 1 18 18
Performance Task (Seminar) 1 12 12
Final examination 1 1 1
Total Workload 144
Total Workload / 25 (Hours) 5.76
dersAKTSKredisi 6