Master of Business Administration non-thesis
Master	TR-NQF-HE: Level 7	QF-EHEA: Second Cycle	EQF-LLL: Level 7

General course introduction information

Course Code:

TMBA585

Course Name:

Law of Capital Markets

Course Semester:

Spring
Fall

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	8

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Department Elective

Course Level:

Master

TR-NQF-HE:7. Master`s Degree

QF-EHEA:Second Cycle

EQF-LLL:7. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Dr.Öğr.Üyesi TURGAY MÜNYAS

Course Lecturer(s):

Dr.Öğr.Üyesi TURGAY MÜNYAS

Course Assistants:

Course Objective and Content

Course Objectives:	To explain the basic information and concepts of capital market law to the student, to teach capital market institutions and transactions, to apply the legal regulations on this issue to the problems they will encounter.
Course Content:	Introduction of the capital market, Legislation, Capital Markets Board and capital market institutions, transactions and instruments, Public joint stock companies, The Concept of Public Offering and Intermediation Agreements in Capital Market Law

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) Students learn about the capital market and its tools.
2 - Skills
Cognitive - Practical
1) Students have knowledge about auditing in capital markets.
3 - Competences
Communication and Social Competence
Learning Competence
1) Students explain capital market institutions and their activities.
Field Specific Competence
1) Students explain the public disclosure, the characteristics of public joint stock companies and corporate governance principles.
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	• Syllabus • Financial Market • Types of Financial Markets • Financial Markets by Type of Financial Instruments • Financial Markets by Maturity of Financial Instruments • Financial Markets by Whether Financial Instruments Are Newly Issued or Previously Issued • Financial Markets by Delivery Process of Financial Instruments • Financial Markets According to the Organization of Financial Markets	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
2)	• Capital Market Activities • Investment services and activities • Ancillary services • Trading Intermediation Activity • Individual Portfolio Management Activity • Investment Advisory Activity • Public Offering Intermediation Activity • Storage Service	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
3)	• Ancillary Services and Activities • Providing Consultancy Services Related to Capital Markets • Providing Credit or Lending and Providing Foreign Exchange Services • Providing General Investment Advice • Providing Services Related to Undertaking Execution • Providing Intermediary Service in Providing Financing • Wealth Management and Financial Planning • Other Services and Activities	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
4)	• Investment Institutions • Establishment Conditions of Intermediary Institutions • Establishment Transactions of Intermediary Institutions • Operating Conditions and Permission of Investment Institutions • General Principles and Principles to be Complied with During the Activities • Decentralized Organizations of Intermediary Institutions • Branch Opening Conditions • Conditions for Opening a Liaison Office • Business and Transactions that Investment Institutions Cannot Do	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
5)	• Collective Investment Institutions • Types of Collective Investment Institutions • Investment Trusts • Real Estate Investment Trusts • Venture Capital Investment Trusts • Securities Investment Trusts • Mutual Funds	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
6)	• Real Estate Investment Trusts • Purpose and Field of Activity of the Partnership • Limitations on Investment Activities and Investment Activities • Jobs They Can't Do • Securities Investment Trusts • Main Functions of Securities Investment Partners • Establishment Conditions of Securities Investment Partners • Qualifications of Founders and Partners of Securities Investment Partners • Establishment of Securities Investment Partners • Management of the Securities Investment Partners' Partnership Portfolio • What Securities Investment Partners Cannot Do • Venture Capital Investment Trust • Venture Capital Investment Trust Establishment and Conversion Conditions • Qualifications of Founders and Partners of Venture Capital Investment Trusts • Special Conditions Regarding Lead Investor and Lead Investor of Venture Capital Investment Trusts • Establishment of Operating Conditions of Venture Capital Investment Trusts	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
7)	• Mutual Funds • Financial Instruments Subject to Umbrella Fund • Principles Regarding the Assets of the Fund • Umbrella Fund Types • Umbrella Fund Bylaws • Authority and Responsibility of the Founder • Establishment of the Umbrella Fund • Issuance of Fund Participation Shares • Value of Participation Shares • Buying and Selling of Participation Shares • Limits on assets to be included in the fund portfolio and their issuers • Limitations on Shares of Collective Investment Institutions to be Included in the Fund Portfolio • Limitations on the Maturity Structure of Assets to be Included in the Fund Portfolio • Hedge Funds • Fund Basket Funds • Termination of Umbrella Fund and Fund	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
8)	Midterm Exam	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
9)	• Acquisition of Public Partnership Status • Corporate Governance Principles • Registered Capital System • Donation by Dividend and Bonus Share Distribution • Dividend Advance • Disguised Profit Transfer Prohibition • Partnerships' Own Shares Purchase and Pledge • Significant Transactions of Partnerships • Right to Leave • Takeover Offer • Obligation of Takeover Bid • Right to Exclude from Partnership and Right to Sell • Preferred Shares • Principles Regarding General Assembly Meetings • Participation and Voting in the General Assembly Meeting • Issuance Limit and Authorization of Capital Market Instruments in the Qualification of Debt Instruments • Liability arising from Public Disclosure Documents	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
10)	• Issuance of Capital Market Instruments • Prospectus and Issue Document Conceptual Framework • Principles of Prospectus Preparation • General Principles Regarding the Financial Statements to be Included in the Prospectus • Financial Statements to be Included in the Prospectus • Application Processes and Principles Regarding the Review of Applications by the Board • Registration and Announcement of the Prospectus and Announcement of the Issue Certificate	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
11)	• Sales Forms of Capital Market Instruments • Methods to be Applied in the Sale of Capital Market Instruments via Public Offering • General Provisions Regarding Sales Forms Without Public Offering	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
12)	• Dematerialized Capital Market Instruments • Accounts • Issuer Account • TMCB Account • Investment Institution Account • Central Clearing House Account	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
13)	• Investment Compensation Center • Duties and Authorities of the Investor Compensation Center • Personnel of the Investor Compensation Center • Administration and Representation of the Investor Compensation Center • Administration and Representation of the Investor Compensation Center • Revenues of the Investor Compensation Center	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
14)	• Capital Market Crimes • Information Abuse • Market Fraud • Illegal Public Offering and Unauthorized Capital Market Activity • Abuse of Trust and Fraud • Failure to Provide Information and Documentation, Prevention of Audit • Obligation of Confidentiality	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
15)	Final Exam	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler

Sources

Course Notes / Textbooks:	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler
References:	6362 sayılı Sermaye Piyasası Kanunu ve Tebliğler

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3	4
Program Outcomes
1) To gain basic knowledge about the basic functions in the field of business administration and to apply them in real life
2) To use scientific research methods and technology in decision processes of business
3) Evaluating the effects of political, legal, geographical, economic and technological factors on the competitive structure of the business area with team work and finding the necessary solutions
4) To be aware of current issues in the field of business and to gain sensitivity to problems
5) Transmission of written documents such as reports, printouts, internal correspondence orally in an effective manner
6) Defining and analyzing the problem by forming a team within the framework of professional expertise and conceptual knowledge and using leadership qualities
7) To be able to relate to other areas of business administration, to be aware of global and social ethical norms

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	To gain basic knowledge about the basic functions in the field of business administration and to apply them in real life	4
2)	To use scientific research methods and technology in decision processes of business	4
3)	Evaluating the effects of political, legal, geographical, economic and technological factors on the competitive structure of the business area with team work and finding the necessary solutions	3
4)	To be aware of current issues in the field of business and to gain sensitivity to problems	4
5)	Transmission of written documents such as reports, printouts, internal correspondence orally in an effective manner	1
6)	Defining and analyzing the problem by forming a team within the framework of professional expertise and conceptual knowledge and using leadership qualities	5
7)	To be able to relate to other areas of business administration, to be aware of global and social ethical norms	5

Learning Activity and Teaching Methods

Expression
Individual study and homework
Lesson
Reading
Homework
Problem Solving
Q&A / Discussion

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Oral Examination
Homework
Bilgisayar Destekli Sunum
Case study presentation

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Homework Assignments	1	% 20
Midterms	1	% 35
Final	1	% 45
total		% 100
PERCENTAGE OF SEMESTER WORK		% 55
PERCENTAGE OF FINAL WORK		% 45
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	14	42
Study Hours Out of Class	15	50
Homework Assignments	13	39
Midterms	15	45
Final	13	52
Total Workload		228