Mechanical Engineering
Course Details
KTO KARATAY UNIVERSITY
Faculty of Engineering
Programme of Mechanical Engineering
Course Details
Faculty of Engineering
Programme of Mechanical Engineering
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| MAK6445 | Risk Changes | 3 | Spring | 6 | 2+0+0 | 2 | 2 |
| Course Type | Elective |
| Course Cycle | Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6) |
| Course Language | Turkish |
| Methods and Techniques | - |
| Mode of Delivery | Face to Face |
| Prerequisites | - |
| Coordinator | Prof. Faruk ÜNSAÇAR |
| Instructor(s) | - |
| Instructor Assistant(s) | - |
Course Content
Basic probability concepts; Risk and uncertainty; Risk and return relationship; Risk, risk diversification and hedging; Types of risks: market risk, credit risk, liquidity risk, interest rate risk, exchange rate risk, legal risks; Measurement of financial risk: Gap, duration and scenario analysis; Risk assessment: risk identification, risk control, risk financing techniques, risk management decision making techniques; Risk management with derivatives and derivative models; Behavioral finance and risk; Collective risk of the organization: Value at Risk (VaR) analysis; Yield curves; Basic principles of insurance.
Objectives of the Course
The main objective of this course is to teach the basic theoretical concepts and approaches of financial risk analysis and how to use them in practice. The content of the course will help our students to take active tasks in the rapidly developing and changing world of finance.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | |
| Specialization / Field Courses | |
| Support Courses | |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Basic probability concepts Risk and uncertainty Risk and return relationship |
| 2 | Diversification and hedging |
| 3 | Types of risks: market risk, credit risk, liquidity risk, interest rate risk, exchange rate risk, legal risks |
| 4 | (Continued) |
| 5 | Measurement of financial risk: Gap, duration and scenario analysis |
| 6 | (Continued) |
| 7 | 1. Visa Legislation |
| 8 | Risk assessment: risk identification, risk control, risk financing techniques, risk management decision making techniques |
| 9 | Midterm Exam 1 |
| 10 | Risk management with derivatives and derivative models |
| 11 | Collective risk of the organization: Value at Risk (VaR) Analysis |
| 12 | Yield Curves |
| 13 | 2. Midterm Exam |
| 14 | Basic principles of insurance, pricing, risk calculation |
| 15 | Final |
Textbook or Material
| Resources | M Crouhy, D Galai and R Mark, Risk Management; McGraw-Hill, 2001 P Jorion, Value at Risk; McGraw-Hill, 2006; J Hull, Options, Futures and Other Derivatives, Prentice-Hall, 2005 |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Attendance | - | - |
| Laboratory | - | - |
| Practice | - | - |
| Field Study | - | - |
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | - | - |
| Projects | - | - |
| Seminar | - | - |
| Quiz | - | - |
| Listening | - | - |
| Midterms | - | - |
| Final Exam | - | - |
| Total | 0 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 0 | 0 | 0 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 0 | 0 | 0 |
| Midterms | 0 | 0 | 0 |
| Quiz | 0 | 0 | 0 |
| Homework | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Workshop | 0 | 0 | 0 |
| Presentation/Seminar Preparation | 0 | 0 | 0 |
| Fieldwork | 0 | 0 | 0 |
| Final Exam | 0 | 0 | 0 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 0 | ||
| Total Work Load / 30 | 0 | ||
| Course ECTS Credits: | 0 | ||