| BUSINESS ADMINISTRATION (ENGLISH) | |||||
|---|---|---|---|---|---|
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
General Information about the Course
| Course Code: | IKU 937 | ||||||||
| Course Title: | Behavioral Finance | ||||||||
| Course Semester: | 3. Semester / Fall | ||||||||
| Course Credits: |
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| Language of instruction: | TR | ||||||||
| Prerequisite of the course: | No | ||||||||
| Type of course: | Non-Departmental Elective | ||||||||
| Level of course: |
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| Course Lecturer(s): | Assistant Professor Ali Korhan Özen |
Purpose and content of the course
| Course Objectives: | To introduce students to the basic concepts of behavioral finance and to show that psychological factors and processes play an active role in financial decisions. It is aimed to learn how individuals/businesses deviate from these assumptions while making decisions, and to comprehend the development and foundations of behavioral finance. |
| Course Objective: | To investigate how concepts used to explain human behavior such as behavioral patterns, prejudices, beliefs and attitudes affect individual investor behavior, market dynamics and decision-making processes in businesses. |
| Mode of Delivery: | E-Learning |
Learning Outcomes
| Knowledge (Described as Theoritical and/or Factual Knowledge.) | ||
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1) Learning the assumptions of key financial theories and how they deviate in real life.
Understanding the fundamentals of behavioral finance.
Recognizing the psychological biases people use when making decisions.
Understanding the anomalies businesses and markets face.
To learn investment and trading strategies and the factors affecting these strategies. |
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| Skills (Describe as Cognitive and/or Practical Skills.) | ||
| Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.) | ||
Course Topics
| Week | Subject | ||
| 1) | Uncertainty-Risk and Financial decisions | ||
| 2) | Financial Decision Concept and Scope | ||
| 3) | Rational choice and expected utility | ||
| 4) | Factors Affecting Financial Decisions | ||
| 5) | Expected Utility Theory | ||
| 6) | Traditional Portfolio Management Approach | ||
| 7) | Modern Portfolio Theory | ||
| 8) | Efficient Markets Hypothesis | ||
| 9) | The Effect of Gender on Financial Risk Perceptions | ||
| 10) | Anomalies, Rumor and Speculation | ||
| 11) | Mental Accounting, Herd Behavior, and Price Bubbles | ||
| 12) | Decision Making Under Uncertainty | ||
| 13) | Investor Psychology and Sensitivity | ||
| 14) | An overview | ||
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Ders - Program Öğrenme Kazanım İlişkisi
| No Effect | 1 Lowest | 2 Average | 3 Highest |
| Ders Öğrenme Kazanımları | 1 |
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| Program Outcomes | |||||||||||||||||||
| 1) Gains knowledge of basic finance principles and rules, analytical finance tools and the importance of finance function within the functional structure of the business. | |||||||||||||||||||
| 2) Understands the basic principles of management for motivating employees and coordinating production by leading the employees in line with the strategic goals of the business. | |||||||||||||||||||
| 3) Understands the nature of formal and informal relationships between people in business life. | |||||||||||||||||||
| 4) Gains practical knowledge of financial and managerial accounting tools and techniques. | |||||||||||||||||||
| 5) Gains practical knowledge of the Turkish legal system framed by business and commercial laws. | |||||||||||||||||||
| 6) Evaluates a business in terms of all its functional units. | |||||||||||||||||||
| 7) Analyzes the cases that may be encountered. | |||||||||||||||||||
| 8) Provides solutions to the problems encountered in the business. | |||||||||||||||||||
| 9) He/she processes numerical data and makes it meaningful by using mathematical and analytical thinking in decisions to be taken in a business or any part of it. | |||||||||||||||||||
| 10) Analyzes the effects of social, economic and legal structures and changes in national and international dimensions on business and economy. | |||||||||||||||||||
| 11) Develops marketing strategies for successful marketing, pricing, distribution and customer satisfaction of products and/or services within the current business environment. | |||||||||||||||||||
| 12) He/She develops the leadership and decision-making skills necessary to be effective in professional business life. | |||||||||||||||||||
| 13) Organizes information processing tools in accordance with their purpose. | |||||||||||||||||||
| 14) Have lifelong learning desire and development ability. | |||||||||||||||||||
| 15) Works individually and as a team in both within disciplinary and interdisciplinary dimensions. | |||||||||||||||||||
| 16) Follows the current and developing trends in business administration with professional English proficiency. | |||||||||||||||||||
| 17) Knows and follows the current news and cases in the field of business administration. | |||||||||||||||||||
| 18) Knows the legal developments and innovations in the field of business administration and trade. | |||||||||||||||||||
| 19) Be aware of innovations related to professional recruitment and self-development. | |||||||||||||||||||
Course Teaching, Learning Methods
| Q & A | |
| Case Problem Solving/ Drama- Role/ Case Management | |
| Laboratory | |
| Quantitative Problem Solving | |
| Fieldwork | |
| Group Study / Assignment | |
| Individual Assignment | |
| WEB-based Learning | |
| Internship | |
| Practice in Field | |
| Project Preparation | |
| Report Writing | |
| Seminar | |
| Supervision | |
| Social Activity | |
| Occupational Activity | |
| Occupational Trip | |
| Application (Modelling, Design, Model, Simulation, Experiment et.) | |
| Reading | |
| Thesis Preparation | |
| Field Study | |
| Student Club and Council Activities | |
| Other | |
| Logbook | |
| Interview and Oral Conversation | |
| Research | |
| Watching a movie | |
| Bibliography preparation | |
| Oral, inscribed and visual knowledge production | |
| Taking photographs | |
| Sketching | |
| Mapping and marking | |
| Reading maps | |
| Copying textures | |
| Creating a library of materials | |
| Presentation |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | % 0 | |
| Laboratory | % 0 | |
| Application | % 0 | |
| Practice Exam | % 0 | |
| Quizzes | % 0 | |
| Homework Assignments | % 0 | |
| Presentation | % 0 | |
| Project | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Field Study | % 0 | |
| Article Critical | % 0 | |
| Article Writing | % 0 | |
| Module Group Study | % 0 | |
| Brainstorming | % 0 | |
| Role Playing + Dramatizing | % 0 | |
| Out of Class Study | % 0 | |
| Preliminary Work, Reinforcement | % 0 | |
| Application Repetition etc. | % 0 | |
| Homework (reading, writing, watching movies, etc.) | % 0 | |
| Project Preparation + Presentation | % 0 | |
| Report Preparation + Presentation | % 0 | |
| Presentation / Seminar Preparation + Presenting | % 0 | |
| Oral examination | % 0 | |
| Midterms | 1 | % 40 |
| Final | 1 | % 60 |
| Report Submission | % 0 | |
| Bütünleme | % 0 | |
| Kanaat Notu | % 0 | |
| Committee | % 0 | |
| Yazma Ödev Dosyası | % 0 | |
| Portfolio | % 0 | |
| Take-Home Exam | % 0 | |
| Logbook | % 0 | |
| Discussion | % 0 | |
| Participation | % 0 | |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 40 | |
| PERCENTAGE OF FINAL WORK | % 60 | |
| total | % 100 | |
Calculation of Workload and ECTS Credits
| Activities | Number of Activities | Workload |
| Course Hours | 14 | 28 |
| Laboratory | ||
| Application | ||
| Practice Exam | ||
| Special Course Internship (Work Placement) | ||
| Field Work | ||
| Study Hours Out of Class | ||
| Article Critical | ||
| Article Writing | ||
| Module Group Study | ||
| Brainstorming | ||
| Role Playing + Dramatizing | ||
| Out-of-Class Study (Pre-study, Reinforcement, Practice Review, etc.) | ||
| Homework (reading, writing, watching movies, etc.) | ||
| Project Preparation + Presentation | ||
| Report Preparation + Presentation | ||
| Presentation / Seminar Preparation + Presenting | ||
| Oral examination | ||
| Preparing for Midterm Exams | ||
| MIDTERM EXAM (Visa) | ||
| Preparing for the General Exam | ||
| GENERAL EXAM (Final) | ||
| Participation | ||
| Discussion | ||
| Portfolio | ||
| Take-Home Exam | ||
| Logbook | ||
| Total Workload | 28 | |
| ECTS (30 saat = 1 AKTS ) | 0 | |