ANKARA YILDIRIM BEYAZIT UNIVERSITY

FACULTY OF BUSINESS - UNDERGRADUATE PROGRAMME

BF308 INVESTMENT - COURSE SYLLABUS

Prof. Dr. Ayhan KAPUSUZOGLU Spring 2024

Course Day and Time: Wednesday 13:00 - 16:00
Classroom No: B237
Course E-mail: bf308investment@gmail.com

Course Description and Objectives

The main objective of this course is to explain the tasks, goals, and methods of investment
management in the organizations and to understand how to build portfolios and measure
riskiness of a portfolio by making basic and technical analysis. Students will initially learn
about the main concepts of the course and in which constraints they should act in order to
attain the main objectives of investment management.

Learning Outcomes
- To understand empirical investment management.
- To make fundamental financial analysis.
- To measure portfolio performance.

Class Attendance
Attendance will be taken for all lectures. To ensure that students gain the maximum benefit
from the lectures, it is strongly recommended that the students should attend all lectures.

Grading
Midterm Exam: 40% Final Exam: 60%

*This syllabus describes the topics to be covered during the term. Some topics may be
altered or expanded as the semester goes along.
Course Content
Week Topic
(14/02/2024) Course Overview
(21/02/2024) The Term Structure of Interest Rates
(28/02/2024) The Term Structure of Interest Rates
(06/03/2024) No Lecture (Official Conference)
(13/03/2024) Interest Rate Risk and Convexity
(20/03/2024) Equity Valuation Models
(27/03/2024) Equity Valuation Models
(03/04/2024) Midterm Exam
(10/04/2024) No Lecture (Official Holiday)
(17/04/2024) No Lecture (Official Meeting)
(24/04/2024) Bond Prices and Yields
(01/05/2024) No Lecture (Official Holiday)
(08/05/2024) Bond Prices and Yields
(15/05/2024) Risk, Return and the Historical Record
(22/05/2024) General Review of the Course
Course Materials

The main textbook is for this course:

*Bodie, Z., Kane, A., Marcus, A. J. (2014). Investments, Global Edition, McGraw-Hill
Education

Supplementary textbooks are also recommended for this course:

*Fabozzi, F. J., Maekowitz, H. M. (2011). The Theory and Practice of Investment
Management: Asset Allocation, Valuation, Portfolio Construction, and Strategies, 2nd
Edition, Wiley.
*Hirt, G., Block, S. (2011). Fundamentals of Investment Management, 10th Edition,
McGraw-Hill Education.
*Jones, C. P. (2012). Investments: Analysis and Management, 12th Edition, Wiley.
*Sharpe, W. F. (2008). Investors and Markets: Portfolio Choices, Asset Prices, and
Investment Advice, 1st Edition, Princeton University Press.