Capital Markets and the Management of Security Investments
Course Code
Semester
Course Name
LE/RC/LA
Course Type
Language of Instruction
ECTS
IBS4001
4
Capital Markets and the Management of Security Investments
3/0/0
CC
Turkish
4
Course Goals
This course aims to provide the most current practices in the capital market in Turkey with the history and development of the capital market is to inform students about legislation. In this course, the concepts of capital market, capital market instruments, capital market activities and capital market institutions will be discussed. It is aimed that students will be able to comprehend the capital market elements, understand the functioning of the capital market and the functions of its institutions and discuss the current situation of the capital markets.
Prerequisite(s)
-
Corequisite(s)
-
Special Requisite(s)
-
Instructor(s)
Lecturer Raif Bakova
Course Assistant(s)
Schedule
Wednesday- 13:00- 15:50 İK3B07
Office Hour(s)
Wednesday- 12:00-13:00 İK2A05
Teaching Methods and Techniques
Lecture, presentation, case studies and discussion
Principle Sources
Prof. Dr. Ali Ceylan ve Prof. Dr. Turhan Korkmaz, Sermaye Piyasası Temel Konuları, Ekin Kitabevi Yayınları, 2. Baskı, 2018.
6362 Sayılı Sermaye Piyasası Kanunu.
Sermaye Piyasası Mevzuatı.
· Dr. Selim Soydemir ve Abdullah Akyüz, Sermaye Piyasası ve Borsa, Scala Yayıncılık, 2016.
· Fabozzi, Frank, Drake, Pamela, Finance: Capital Markets, Financial Management and Investment Management, Wiley, 2009.
· 6362 sayılı Sermaye Piyasası Kanunu’na (SPKn) uyum kapsamında hazırlanan, II-17.1 sayılı “Kurumsal Yönetim Tebliği”
· Yatırım Kuruluşlarının Kuruluş ve Faaliyet Esasları Hakkında Tebliğ
· Özel Durumlar Tebliği
· Borçlanma Araçları Tebliği (VII-128.8)
· Borçlanma Araçları Tebliği (II-31.1)
· Varlığa veya İpoteğe Dayalı Menkul Kıymetler Tebliği (III-58.1)
· Pay Tebliği (VII-128.1)
· 2499 Sayılı Sermaye Piyasası Kanunu.
Course Schedules
Week
Contents
Learning Methods
1. Week
Capital market definition, basic concepts and scope.
Differences between capital and money market, capital market elements.
An overview / general framework.
Lecture, presentation, discussion
2. Week
History and development of capital markets in Turkey: Capital Market Law No. 2499
Lecture, presentation, discussion
3. Week
Capital Market Law No. 6362; purpose, scope and definitions
Lecture, presentation, discussion
4. Week
Securities:
- Shares - Debt Instruments - Derivative Instruments - Other Capital Market Instruments
Lecture, presentation, discussion
5. Week
Capital Market Instruments -
Issuance of Capital Market Instruments, Public Disclosure and Principles Regarding Issuers
Lecture, presentation, discussion
6. Week
Capital Market Activities - Investment Services and Activities - Ancillary Services
Lecture, presentation, discussion
7. Week
Mid-term Exam
Homework Submissions and Evaluation
8. Week
Capital Market Institutions and Activities
1. Investment Institutions
2. Collective Investment Institutions
2.1 Investment Trusts
2.2. Variable Capital Investment Trusts
2.3. Mutual Funds
Lecture, presentation, discussion
9. Week
Capital Market Institutions and Activities
3.Independent audit, appraisal and rating institutions to operate in the capital market
4. Portfolio Management Companies
5. Mortgage Finance Institutions
6. Housing Finance and Asset Finance Funds
7. Asset Lease Companies
Lecture, presentation, discussion
10. Week
Capital Market Institutions and Activities
8. Central Clearing Institutions
9. Central Custody Institutions
10. Data Storage Organizations
Lecture, presentation, discussion
11. Week
Stock Exchanges, Borsa İstanbul - Self-Regulatory Institutions;
Turkish Capital Markets Association (TCMA)
Turkish Appraisers Association (TDUB)
Investor Compensation Center (YTM)
Principles Regarding the Capital Markets Board
Lecture, presentation, discussion, Borsa İstanbul Trip
12. Week
Audit and Measures in Capital Markets
Lecture, presentation, discussion
13. Week
Actions Requiring Administrative Fine -
Capital Market Crimes
Lecture, presentation, discussion
14. Week
Seminar: Guest speaker, expert in the capital markets
To know the responsibility about the position of their job in the field of banks and insurance companies.
PO-2
To explain the importance of research and development issues of their related field by means of individual or group studies.
PO-3
To understand the importance of follow-up the legislation in the field of profession.
PO-4
To express the importance of the banking for national economy and businesses.
PO-5
To do work of their related field by using computer. Store information and using stored information.
PO-6
To take responsibility in the management levels.
PO-7
Finding practical solutions against the problems to business activities and giving the right decision.
PO-8
Assuming responsibility in finance and banking sector and after providing legal terms opened his/her own office on behalf of, train qualified manpower.
PO-9
Analysis and interpretation balance sheet and income statement of a business.
PO-10
To make Bank and insurance accounting.
PO-11
Equipped in terms of customer relations and human resources
PO-12
To receive general information in banking and insurance and be informed about the bank and insurance law.
PO-13
To know camputer programmes well about of the profession.
PO-14
To have knowledge about professional English in banking and insurance.
Learning Outcomes
LO-1
While having detailed information about the Capital Market Law, based on these, have the knowledge to prepare reports in business life and works in accordance with academic rules.
LO-2
It can transfer the information obtained regarding the Capital Market Legislation to the relevant persons on theoretical and practical principles.
LO-3
Have the necessary competence about how the Capital Market Law should be implemented in enterprises, especially in public companies, and in its basic processes.
LO-4
Analyzes and expresses the actors in the conjuncture and the harmony and conflicts between them in line with the capital market legislation.
LO-5
Demonstrates the ability to comprehend the basic conceptual information about the capital market and the relationship between them in terms of theory and practice.
LO-6
It can analyze the articles in the Capital Market Legislation and evaluate their reflections in practice.
LO-7
Understands the interdisciplinary interaction associated with the capital market and follows the relevant national and international publications.
