The aim is to give a practical manual and an understanding of International trade risks and precautions and methods to be used to alleviate their impacts.
Various types of risks e.g. risks of delivery & payment, transport risks, credit risks, political risks, currency risks and tools and methods that being used in risk management; e.g., bonds, L/C, SDLL, insurance
Vertical Tabs
Course Learning Outcomes
| Learning Outcomes | Program Learning Outcomes | Teaching Methods | Assessment Methods | |||
| Give the ability and practice as to the examination& management of trade risks and their impact on company’s financial tables/soundness | 5,8,123 | 1, 2,3 | A | |||
| Complete a task-specific risk assessment | 4,7,14,3 | 1,2,3 | A | |||
| Determine priorities for future action | 8,14,16,8 | 1, 2,3 | A | |||
Course Flow
|
Week |
Topics |
Study Materials |
|
1 |
Risks in general (political, economical, social, operational, etc) |
Notes&real documents’ copies |
|
2 |
Trade Risks and Risks Assesment |
Notes&real documents’ copies |
|
3 |
Methods of payment |
Notes&real documents’ copies |
|
4 |
Bonds, guarantees and standby letter of credit |
Notes&real documents’ copies |
|
5 |
Currency Risk Management |
Notes&real documents’ copies |
|
6 |
Expert credit insurance |
Notes&real documents’ copies |
|
7 |
Trade finance |
Notes&real documents’ copies |
|
8 |
Structured trade finance |
Notes&real documents’ copies |
|
9 |
Terms of payment |
Notes&real documents’ copies |
|
10 |
International tax environment |
Notes&real documents’ copies |
|
11 |
Expert credit insurance |
|
|
12 |
Trade finance |
|
|
13 |
Terms of payment |
|
|
14 |
Review |
|
|
15 |
Final Exam |
|
Recommended Sources
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Material Sharing
| MATERIAL SHARING | |
| Documents | Lecturer’s Printed notes, Samples of contracts, L/C’s, SBCC’s, Bonds, bill of exchange, promissiory notes BS’s |
| Assignments | |
| Exams | Midterm Exam, Final Exam |
Assessment
| ASSESSMENT | ||
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Mid-terms | 1 | 75 |
| Quizzes (4 times in a semester) | 4 | 25 |
| Assignment | 0 | |
| Total | 100 | |
| CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE | 60 | |
| CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE | 40 | |
| Total | 100 | |
| COURSE CATEGORY | Expertise/Field Courses |
Course’s Contribution to Program
| COURSE'S CONTRIBUTION TO PROGRAM | |||||||
| No | Program Learning Outcomes | Contribution | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Gaining knowledge of business terms and applying these to institutions and business administrations. With this knowledge being able to analyze problems, and come up with creative solutions. | x | |||||
| 2 | Commenting on the effect's of social behavior, personality and organizational culture at the global level. | x | |||||
| 3 | Applying knowledge acquired in the field. | x | |||||
| 4 | Review of the economic and legal problems of organizations, and application of creative solutions. | x | |||||
| 5 | Being able to correctly investigate and interpret government policy effects on foreign trade. | x | |||||
| 6 | Analyzing global order economically and politically, in addition being able to analyze the geographical affects of this perspective. | x | |||||
| 7 | In organizational analysis being able to see unethical situations in advance and prevent them from occurring, also gaining the ability to apply these traits in functional areas. | x | |||||
| 8 | Analyzing the great economies of the world and apprehending in what dimension added value for multi- national and financial fırms is created. | x | |||||
| 9 | Presenting ınternational marketing bases and gaining the necessary traits to become a brand and develop better communication strategies. | x | |||||
| 10 | To provide management, control and decision-making abilities and to use these in social and professional relationships. | x | |||||
| 11 | Assessment of countries’ international economical policies on the bases of regional and foreign polices. | x | |||||
| 12 |
Understanding of statistical data, being able to implement and complete projects based on this data. |
x | |||||
| 13 | In the process of collecting and analyzing data, under the guidance of social responsibility, understandıng ethical principals and knowing how to implement them. | x | |||||
| 14 | Using the projects generated for the betterment of society and sharing them with sensitivity. | x | |||||
| 15 | Being able to take and implement strategic decisions on issues generated by cross cultural differences in international trade. | x | |||||
| 16 | Under the guidance of ınternational relationships being able to analyze Turkey’s foreign policies and added value. In this perspective being able to interpret international and supra-national politics | x | |||||
| 17 | Providing the information learned in a computing environment in order to provide functional values and analytical skills. | x | |||||
| 18 | Gaining a fair understanding of national and international markets and having the skills to analyze the consumer affects in a common market. Being able to identify the right consumers. | x |
ECTS
| ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION | |||
| Activities | Quantity | Duration | Total |
| (Hour) | Workload | ||
| (Hour) | |||
| Course Duration (Including the exam week: 15x Total course hours) | 15 | 4 | 60 |
| Hours for off-the-classroom study (Pre-study, practice) | 15 | 4 | 60 |
| Mid-terms | 1 | 8 | 8 |
| Homework | 1 | 8 | 8 |
| Final examination | 1 | 14 | 14 |
| Total Work Load | 151 | ||
| Total Work Load / 25 (h) | 6,04 | ||
| ECTS Credit of the Course | 6 |