| Economics and Finance (YL) (Thesis) | |||||
| Master | Length of the Programme: 2 | Number of Credits: 120 | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF: Level 7 |
| School/Faculty/Institute | Graduate School | ||||
| Course Code | FIN 511 | ||||
| Course Title in English | Corporate Finance | ||||
| Course Title in Turkish | Finansal Yönetim | ||||
| Language of Instruction | TR | ||||
| Type of Course | Lecture | ||||
| Level of Course | Intermediate | ||||
| Semester | Fall | ||||
| Contact Hours per Week |
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| Estimated Student Workload | 123 hours per semester | ||||
| Number of Credits | 5 ECTS | ||||
| Grading Mode | Standard Letter Grade | ||||
| Pre-requisites | None | ||||
| Co-requisites | None | ||||
| Expected Prior Knowledge | none | ||||
| Registration Restrictions | Only master students | ||||
| Overall Educational Objective | To understand the principles of Corporate Finance and learn the skills that help in financial decision making process in a typical corporation. | ||||
| Course Description | In today’s world, basic information on financial management issues is a need-to-know concept for both the management candidates that would like to promote or for the entrepreneurs who would like to run their own business. This course aims to provide students, who are aspiring managers and entrepreneurs looking to establish their own businesses, with fundamental financial knowledge. The goal is for students to acquire the necessary knowledge and skills related to the financial decision-making process, methods that can assist in decision-making during this process, and analysis techniques for evaluating the outcomes of the decisions made. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) comprehend the basic principles of corporate finance and financial management; 2) will be able to analyse and compare projects using internal yield ratios and other comparison methods; 3) will have the knowledge to understand and evaluate the concepts of cost of capital and cost of debt; 4) will be able to understand the methods and dynamics of capital financing and debt financing and will be able to compare the advantages and disadvantages of these methods and will be able to understand in which situations these methods can be used. |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 |
|---|---|---|---|---|
| 1) To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level. | ||||
| 2) To apply of mathematical concepts to related economic and business problems. | ||||
| 3) To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.) | ||||
| 4) To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing. | ||||
| 5) To understand the relationship between money and banking and to possess knowledge regarding the financial markets. | ||||
| 6) To use quantitative techniques to increase decision-making capabilities in business environment | ||||
| 7) To show proficiency in analyzing and interpreting financial tables | ||||
| 8) To apply the models used in financial decision making in accordance with risk management techniques and legal regulations. | ||||
| 9) To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems. | ||||
| 10) To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information |
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level. | H | Exam,HW,Participation |
| 2) | To apply of mathematical concepts to related economic and business problems. | S | Exam,HW,Participation |
| 3) | To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.) | S | Exam,HW,Participation |
| 4) | To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing. | N | |
| 5) | To understand the relationship between money and banking and to possess knowledge regarding the financial markets. | N | |
| 6) | To use quantitative techniques to increase decision-making capabilities in business environment | H | Exam,HW,Participation |
| 7) | To show proficiency in analyzing and interpreting financial tables | S | Exam,HW,Participation |
| 8) | To apply the models used in financial decision making in accordance with risk management techniques and legal regulations. | N | |
| 9) | To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems. | S | Exam,HW,Participation |
| 10) | To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information | N | Exam,HW,Participation |
| Prepared by and Date | AYCA ATALAY , September 2019 |
| Course Coordinator | MUHAMMED ABDULLAH ALTUNDAL |
| Semester | Fall |
| Name of Instructor |
| Week | Subject |
| 1) | Financial Management – Basic Principles of Corporate Finance |
| 2) | What is Capital Structure Management and Investment Management? Why is it important for a company's growth? |
| 3) | What is Opportunity Cost and what are the principles behind it? |
| 4) | What are the concepts of Cost of Capital and Cost of Debt and how are they used? |
| 5) | What is the Time Value of Money? Future Value and Present Value concepts |
| 6) | What are Net Present Value (NPV) and Internal Rate of Return (IRR)? How is it calculated? |
| 7) | How to make an investment decision? How to use NPV and IVO concepts? |
| 8) | Mid Term |
| 9) | What is Working Capital? How to manage? |
| 10) | Dividend Payment Principles – How should company profits be used? |
| 11) | What are the Debt Financing Methods? Loans, Bonds, Project Financing etc. |
| 12) | Interest Rates – Bonds and Pricing |
| 13) | Capital Financing Methods – Merger and Acquisition, Private Equity, Public Offering |
| 14) | Comparison of Financing Methods – Which method is better? |
| 15) | End of Term Exams |
| 16) | End of Term Exams |
| Required/Recommended Readings | Ders Notları verilecektir. Ders notları dışında referans kitabı olarak aşağıdaki Türkçe ve ingilizce kitaplar önerilmektedir. Kurumsal Finansın Temelleri, Prof Dr. Arman Tefvik, Gürman Tevfik, Beta yayınları Applied Corporate Finance by Aswath Damodaran Fundamentals of Corporate Finance by By Jonathan Berk, Peter DeMarzo, Jarrad Harford | ||||||||||||||||||
| Teaching Methods | The lectures shall require the students’ active participation and discussion. Individual studies for home-works & Projects and team works for case studies in class lectures shall be asked for. | ||||||||||||||||||
| Homework and Projects | |||||||||||||||||||
| Laboratory Work | |||||||||||||||||||
| Computer Use | |||||||||||||||||||
| Other Activities | |||||||||||||||||||
| Assessment Methods |
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| Course Administration |
mdogu@doganholding.com.tr Dr. Murat Doğu, Cuma 09:00-10:00 %80 devam zorunludur. Akademik Sahtekarlık ve İntihal: YÖK Düzenlemeleri |
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| Activity | No/Weeks | Hours | Calculation | ||||
| No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
| Course Hours | 13 | 2 | 2 | 1 | 65 | ||
| Laboratory | 4 | 2 | 2 | 1 | 20 | ||
| Presentations / Seminar | 1 | 10 | 10 | ||||
| Midterm(s) | 1 | 8 | 2 | 10 | |||
| Final Examination | 1 | 16 | 2 | 18 | |||
| Total Workload | 123 | ||||||
| Total Workload/25 | 4.9 | ||||||
| ECTS | 5 | ||||||