Course Language:
İngilizce
Course Objectives:
This course is designed to introduce, to students in commerce, the fundamental concepts and technical tools necessary to understand, and make the best financial decisions for corporations.
Course Content:
| Topics discussed include Financial Management Overview; Financial Statements and Cash Flow; Analysis of Financial Statements and Financial Planning; Time Value of Money and Discounted Cash Flow Valuation; Bond Valuation, Interest Rates and Risk Factors relevant for Interest Rates; Equity Markets, Efficient Market Theory, Distributions to Shareholders and Stock Valuation; Capital Budgeting and Investment Decisions; Risk-Return and Asset Pricing; and Capital Structure and Cost of Capital. |
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 Outcomes | Teaching Methods | Assessment Methods |
| 1. A clear understanding of the core financial concepts and methods used for financing or investment decision making in corporations. | 1,3,12,17 | 1, 2, 3, 9 | A, C |
| 2. Ability to apply the fundamental concepts and technical tools learned in class to real life corporate finance decisions. | 1,3,4,10,12,17 | 1, 2, 3 | A, C |
| 3. Ability to solve real-life time value of money problems. | 1,3,12,17 | 1, 2, 3 | A, C |
| 4. Ability to value financial assets and corporate investment projects. | 1,3,4,10,12,17 | 1, 2, 3 | A, C |
| 5. Understanding of financial planning process and determination of funds needed for growth. | 1,3,4,10,12 | 1, 2, 3 | A, C |
| 6. Ability to evaluate corporate investment projects and firm performance. | 1,3,10,12 | 1, 2, 3 | A, C |
Course Flow
| COURSE CONTENT | ||
| Week | Topics | Study Materials |
| 1 | Financial Management Overview | Textbook Chapter 1 |
| 2 | Financial Statements and Cash Flow | Textbook Chapter 2 |
| 3 | Financial Planning | Lecture Notes |
| 4 | Analysis of Financial Statements | Textbook Chapter 3 |
| 5 | Analysis of Financial Statements | Textbook Chapter 3 |
| 6 | Money Value of Time | Textbook Chapter 4 |
| 7 | Discounted Cash Flow Valuations | Textbook Chapter 5 |
| 8 | Interest rates and Bond Valuation | Textbook Chapter 6 |
| 9 | Interest rates and Bond Valuation | Textbook Chapter 6 |
| 10 | Equity Markets and Stock Valuation | Textbook Chapter 7 |
| 11 | Capital Budgeting & Investment Decisions | Textbook Chapter 8 |
| 12 | Capital Budgeting & Investment Decisions | Textbook Chapter 9 |
| 13 | Risk and Return & Cost of Capital | Textbook Chps. 10,11,12 |
| 14 | Risk and Return & Cost of Capital | Textbook Chps. 10,11,12 |
| 15 | Final Exam | |
Recommended Sources
| Textbook | Essentials of Corporate Finance by Ross, Westerfield and Jordan, 7e, McGraw-Hill. |
| Additional Resources | Course website, lecture notes, financial markets lab, virtual portfolio management program, scientific calculator, online resources, and spreadsheet software. |
Material Sharing
| Documents | Guidelines and additional examples for Lecture Topics and Homework Assignments, virtual portfolio management program. |
| Assignments | Homework Assignments |
| Exams | Midterm Exam and Final Exam |
Assessment
| ASSESSMENT | ||
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Homework Assignments and their mini-presentations | 14 | 66 |
| Midterms | 1 | 34 |
| Total | 100 | |
| CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE | 40 | |
| CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE | 60 | |
| 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 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 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) | 15 | 4 | 60 |
| Mid-terms | 2 | 15 | 30 |
| Homework | 1 | 20 | 20 |
| Final examination | 1 | 15 | 15 |
| Total Work Load | 170 | ||
| Total Work Load / 25 (h) | 6.8 | ||
| ECTS Credit of the Course | 7 | ||
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