Risk Management (LOG414) Course Detail

Course Name	Course Code	Season	Lecture Hours	Application Hours	Lab Hours	Credit	ECTS
Risk Management	LOG414	Area Elective	3	0	0	3	6

Pre-requisite Course(s)
N/A

Course Language	English
Course Type	Elective Courses
Course Level	Bachelor’s Degree (First Cycle)
Mode of Delivery	Face To Face
Learning and Teaching Strategies	Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)	Asst. Prof. Dr. Neslihan Turguttopbaş
Course Assistants
Course Objectives	Aim is to give students knowledge about the risks arising from competition in the framework of the international trade and measurement and management methods of those risks.
Course Learning Outcomes	The students who succeeded in this course; To identify the basic financial risks and effects of those risks. To define the interest rate risk under term structure perspecitve and the determinants of the interest rate risk. To explain the factors affecting the foreign exchange rates and associated risks. To explain the factors affecting the commodity prices and associated risks. To acknowledge the credit risks and its components and management of the credit risks.
Course Content	Risk concept, interest rates and foreign exchange rates, interest rate risk, credit risk, operational risk, commodity risk, hedging.

Weekly Subjects and Releated Preparation Studies

Week	Subjects	Preparation
1	The risk concept, its sources and determinants and introduction to financial risk management	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 1
2	The determinants of interest rates and foreign exchange rates	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 1
3	The determination of basic financial risks	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 2
4	The interest rate risk and hedging	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 3
5	The foreign exchange rate risk	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 3
6	The affects of foreign exchange rate risk in international trade	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 4
7	Hedging methods of foreign exchange rate risk	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 4
8	Midterm Exam
9	Credit risk and its determinants	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 5
10	The management principles and methods of credit risk	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 5
11	Risks associated with the commodity prices and affects on costs	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 6
12	Hedging methods of commodity risks	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 6
13	Operational risks and determinants	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 7
14	Methods to reduce operational risks	Essentials of Financial Risk Management, Horcher, Karen A. Chapter 7
15	Review and case studies
16	Final Exam

Sources

Course Book	1. Essentials of Financial Risk Management, Karen A. Horcher, Wiley, 2005.

Evaluation System

Requirements	Number	Percentage of Grade
Attendance/Participation	1	10
Laboratory	-	-
Application	-	-
Field Work	-	-
Special Course Internship	-	-
Quizzes/Studio Critics	-	-
Homework Assignments	1	10
Presentation	-	-
Project	-	-
Report	-	-
Seminar	-	-
Midterms Exams/Midterms Jury	1	30
Final Exam/Final Jury	1	50
Toplam	4	100

Percentage of Semester Work	50
Percentage of Final Work	50
Total	100

Course Category

Core Courses
Major Area Courses	X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

#	Program Qualifications / Competencies	Level of Contribution
#	Program Qualifications / Competencies	1	2	3	4	5
1	The ability to have and use theoretical and practical information in international trade and logistics
2	The ability to define problems, as well as to collect, evaluate, analyze, and interpret data, and to devise solutions, making use of the information, skills, and competencies in the field
3	The ability to perform numerical analyses and research through accessing different resources of information in the field
4	The ability to take part in intra- and interdisciplinary, or multi-cultural working groups, as well as work individually
5	The ability to communicate verbally and in writing in English, and to make use of at least 1 foreign language
6	The ability to act responsibly, and with the awareness in the issues of environmental sensitivity, sustainability, transparency, social responsibility, and ethical values
7	The ability to read, understand, and interpret the relevant legislation in the field of international trade and logistics, and to see the global, and social effects of practices
8	The ability to question and interpret the acquired interdisciplinary pieces of information within the framework of the current economic, social, and environmental conjuncture
9	The ability to stay up to date regarding the local, regional, and global changes in the international trade and logistics, and the supply chain sector; and relevant through improvements on professional competencies and backgrounds, and to devise quick and effective solutions to possible problems through an innovative approach
10	The ability to track national and international regulations in international trade and logistics, to learn logistic procedures and risk management, to use current instruments of technology and informatics, to analyze and improve processes, to devise new ideas and suggestions, to manage activities for change, and to report and document these processes
11	-

ECTS/Workload Table

Activities	Number	Duration (Hours)	Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class
Presentation/Seminar Prepration
Project
Report
Homework Assignments	1	10	10
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury	1	35	35
Prepration of Final Exams/Final Jury	1	45	45
Total Workload			90