What You Need to Know About Studying Finance and Capital Markets in Turkey
The Finance and Capital Markets major focuses on the study of financial markets, investment tools, and risk management, with the goal of preparing students for careers in financial analysis, investment consulting, and asset management.
Overview of the Finance and Capital Markets Major in Turkey
History of the Major in Turkey
The study of finance and capital markets in Turkey dates back to the 19th century during the Tanzimat period, when modern educational institutions were established.
In 1883, Istanbul’s Higher School of Commerce was founded, focusing on teaching financial and commercial skills.
In 1933, the first finance department was established at Istanbul University, leading to a rise in the number of universities offering finance programs.
This growth reflected Turkey’s efforts to keep pace with global economic developments and strengthen its financial markets capabilities.
Number of Students Enrolled in Finance Programs in Turkey
According to reports from the Turkish Council of Higher Education, over 200,000 students are enrolled in management and economics programs, including finance.
Of these, approximately 35% specialize in finance, meaning between 70,000 to 105,000 students are studying finance and capital markets in Turkey.
Advantages of Studying Finance and Capital Markets in Turkey
– High-Quality Education: Many Turkish universities offer top-notch programs in finance and capital markets, with internationally recognized and modern curricula.
– Affordable Costs: Compared to universities in Europe and the USA, Turkish universities offer lower tuition fees and living costs.
– Practical Training Opportunities: There are ample internship opportunities in financial institutions and banks, enhancing students’ practical experience.
– Strategic Location: Turkey’s position between Europe and Asia offers unique opportunities for interacting with diverse financial markets.
– Cultural Diversity: Studying in Turkey offers exposure to various cultures, enriching both the educational and personal experience.
Is Studying Finance and Capital Markets in Turkey Affordable?
Studying finance and capital markets in Turkey is relatively affordable compared to universities in Europe and the USA.
Turkish universities provide high-quality education at lower tuition fees and living expenses. For more precise information on costs and procedures, you can contact Alemni Shokran for help with university selection and guidance.
Requirements for a Master’s Degree in Finance and Capital Markets in Turkey
– Academic Degree: A bachelor’s degree in a related field such as business, economics, or finance from a recognized university
is required.
– Grades: A good GPA is typically required, with a minimum of 2.5/4.0 or its equivalent.
– Language Proficiency: Proficiency in English or Turkish is required depending on the language of instruction. Tests such as TOEFL, IELTS, or TÖMER may be necessary.
– Statement of Purpose: A detailed statement explaining your reasons for choosing finance and capital markets, and your academic and career goals.
– Recommendations: At least three letters of recommendation from academic advisors or former supervisors.
– Entrance Exam: Some universities may require the GRE or GMAT for admission.
– Resume: A detailed and updated resume highlighting your academic and professional experience.
– Interview: Some universities may conduct interviews as part of the selection process.
For specific requirements of each university, Alemni Shokran can provide detailed guidance.
Duration of Master’s Degree in Finance and Capital Markets
Master’s programs in finance and capital markets in Turkey typically take between one to two years to complete, depending on whether the program is research-based or coursework-based.
Courses Covered
– Principles of Finance: Covers the basics of finance, such as time value of money, asset valuation, capital structure, and long- and short-term financing.
– Portfolio Management: Teaches strategies for forming and managing investment portfolios, analyzing risk and returns, and balancing various asset types.
– Financial Economics: Examines the economics of finance, including the supply and demand for funds, interest rates, inflation, and monetary policy.
– Financial Markets Analysis: Focuses on analyzing financial markets using technical and fundamental analysis, and making investment decisions based on financial data.
– Securities and Investment: Covers different types of securities such as stocks and bonds, how to evaluate and manage them, and various investment strategies.
– International Finance: Explores the financial aspects of international trade, foreign exchange markets, and managing global financial risks.
– Financial Derivatives: Focuses on understanding financial derivatives like options, futures, and swaps, and their use in risk management and financial planning.
Job Opportunities for Graduates
– Financial Analyst: Specializes in analyzing companies’ financial data and market trends to make investment recommendations.
– Trading Officer: Manages buying and selling operations in financial markets on behalf of clients or companies.
– Asset Manager: Facilitates investments in various financial assets for clients, aiming for returns with minimal risk.
– Market Research Manager: Analyzes market trends and economic events affecting financial markets to guide investment strategies.
– Financial Planning Officer: Develops financial strategies for companies, handling capital management and financial planning.
– Financial Risk Manager: Assesses and manages financial risks using analytical tools and strategies.
– Investment Advisor: Provides financial advice to individuals and companies on managing investment portfolios and financial planning.
– Financial Research Director: Leads a team in conducting financial research and providing investment recommendations.
Languages of Instruction for Finance Programs in Turkey
– Turkish: Ideal for students who want to immerse themselves in the Turkish financial market.
– English: Opens doors to global resources and a deeper understanding of international financial markets.
Notable Universities Offering Finance and Capital Markets Programs in Turkey
– Boğaziçi University
– Bilkent University
– Koç University
– Yıldırım Beyazıt University
Interested in pursuing a degree in Finance and Capital Markets at a top Turkish university? Contact Alemni Shokran for all the details you need to start your journey.