Course Language:
İngilizce
Course Objectives:
In this course, the students have knowledge about foreign Exchange legislation and how foreign trade financing techniques are used for import and export transactions. Besides that, foreign trade risks, the relationship between the parties and the relevant International Chamber of Commerce rules are also examined.
Course Content:
Foreign Exchange Legislation, Foreign Trade Financing Techniques, Eximbank, UCP 600, Guarantees.
Course Methodology:
1: Lecture, 2: Question-Answer, 3: Discussion, 4: Simulation,5: Case Study
Course Evaluation Methods:
A: Testing B: Presentation, C: Homework, D: Project, E: Laboratory
Vertical Tabs
Course Learning Outcomes
| Learning Outcomes | Program Learning Outcome | Teaching Methods | Assessment Methods |
| 1) A clear understanding of the importance of banks in foreign trade transaction. | 5,8 | 1,2,3 | A,C |
| 2) Ability to understand foreign exchange legislation and the types of payments in foreign trade. | 3,8 | 1,2,3 | A,C |
| 3) Ability to evaluate foreign exchange risks and to apply hedging techniques in business life in order to avoid them. | 3,8,11 | 1,2,3 | A,C |
| 4) Understanding the role of Eximbank in foreign trade area. | 3,5,11 | 1,2,3 | A,C |
| 5) Ability to understand alternative foreign trade financing techniques and apply accordingly in business life. | 3,8,11 | 1,2,3 | A,C |
Course Flow
| COURSE CONTENT | ||
| Week | Topics | Study Materials |
| 1 | Foreign Trade & Banks | Textbook |
| 2 | Documents Used in Foreign Trade | Textbook |
| 3 | Foreign Exchange Legislation | Textbook |
| 4 | Financing Techniques of Foreign Trade | Textbook |
| 5 | UCP 600 | ICC Publications |
| 6 | UCP 600 | ICC Publications |
| 7 | Review & Midterm Exam | Textbook |
| 8 | Financing of Export and Import | Textbook |
| 9 | Eximbank Short ,Medium and Long Term Credits | Website |
| 10 | Eximbank Guarantees and Export Credit Insurance | Website |
| 11 | International Guarantees and Foreign Exchange Risk Management | Textbook |
| 12 | Alternative Financing Techniques | Textbook |
| 13 | Prevention of Fraud in International Finance | Textbook |
| 14 | Presentation of Article Evaluation and Review | Textbook |
Recommended Sources
| Textbook |
FINANCE OF INTERNATIONAL TRADE, ERIC BISHOP, ELSEVIER Ltd.
|
| Additional Resources | Dış Ticaret ve Finansmanı, Ferudun Kaya, Beta Basım 2011 |
Material Sharing
| Documents | ‘Intels TR’ Foreign Trade Animation |
| Assignments | Evaluation of Foreign Trade Finance articles |
| Exams | Midterm Exam and Final Exam |
Assessment
| ASSESSMENT | ||
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Mid-terms | 1 | 50 |
| Quizzes | 2 | 25 |
| Homework | 1 | 25 |
| Total | 100 | |
| CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE | 50 | |
| CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE | 50 | |
| Total | 100 | |
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 behaviour, 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 firms is created. | X | |||||
| 9 | Presenting international 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, understanding 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 international 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 (Hour) |
Total Workload (Hour) |
| Course Duration (Including the exam week: 15x Total course hours) | 15 | 3 | 45 |
| Hours for off-the-classroom study (Pre-study, practice) | 10 | 2,5 | 25 |
| Mid-terms | 1 | 10 | 10 |
| Homework | 1 | 20 | 20 |
| Final examination | 1 | 25 | 25 |
| Total Work Load | 125 | ||
| Total Work Load / 25 (h) | 5.0 | ||
| ECTS Credit of the Course | 5 | ||
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