Business Administration | |||||
Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
Course Code | FIN 204 | ||||
Course Title in English | Corporate Finance | ||||
Course Title in Turkish | Kurumsal Finansman | ||||
Language of Instruction | EN | ||||
Type of Course | Flipped Classroom | ||||
Level of Course | Intermediate | ||||
Semester | Spring | ||||
Contact Hours per Week |
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Estimated Student Workload | 130 hours per semester | ||||
Number of Credits | 5 ECTS | ||||
Grading Mode | Standard Letter Grade | ||||
Pre-requisites |
MATH 104 - Mathematics for Social Sciences II ACCT 201 - Financial Accounting |
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Co-requisites | None | ||||
Expected Prior Knowledge | Basic knowledge of accounting and financial statements. | ||||
Registration Restrictions | Only Undergraduate 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 business world, both the management candidates and entrepreneurs who would like to do their own business needs to have the basic knowledge and skills about corporate finance or in other words how to manage finance issues. With this course, we are aiming to provide the necessary skills and knowledge to the students that will enable them to understand the basic principles of finance, learn how to use the decision making tools, analyze the situations and how to decide accordingly. Within the course the basic finance decisions and terminology shall be discussed while talking about the concepts of time value of money, opportunity cost, calculation and principles behind the net present value and IRR metrics together with cost of capital and cost of debt concepts |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) understand the basic principles of finance and corporate finance 2) compare and analyze projects with respect to their internal rate of return; 3) calculate the cost of capital and cost of debt 4) understand the dynamics of capital finance and debt finance methods and evaluate the advantage and disadvantage of these methods with respect to the current financial situation. |
Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 |
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1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | ||||
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | ||||
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | ||||
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | ||||
5) Demonstrates individual and professional ethical behavior and social responsibility | ||||
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | ||||
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | ||||
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | ||||
9) Displays computer proficiency to support problem solving and decision-making | ||||
10) Demonstrates teamwork, leadership, and entrepreneurial skills | ||||
11) Displays learning skills necessary for further study with a high degree of autonomy |
N None | S Supportive | H Highly Related |
Program Outcomes and Competences | Level | Assessed by | |
1) | Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | S | Participation |
2) | Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | S | Participation |
3) | Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | S | Participation |
4) | Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | N | |
5) | Demonstrates individual and professional ethical behavior and social responsibility | N | |
6) | Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | N | |
7) | Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | H | Exam |
8) | Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | S | Participation |
9) | Displays computer proficiency to support problem solving and decision-making | N | |
10) | Demonstrates teamwork, leadership, and entrepreneurial skills | N | |
11) | Displays learning skills necessary for further study with a high degree of autonomy | S | Participation |
Prepared by and Date | MERVE ÖZ , May 2023 |
Course Coordinator | CEYHAN MUTLU |
Semester | Spring |
Name of Instructor | Asst. Prof. Dr. MERVE ÖZ |
Week | Subject |
1) | Introduction to Corporate Finance and the Financial Manager |
2) | Introduction to Financial Statement Analysis |
3) | Time Value of Money: An Introduction, Valuing Cash Flows |
4) | Interest Rates, Bonds & Stock Valuation |
5) | Fundamentals of Capital Budgeting, How Investment Decisions are Made |
6) | What is Risk? Risk and Return Relation, Capital Asset Pricing Model Systematic Risk and the Equity Risk Premium & Cost of Capital |
7) | Mid – Term Exam |
8) | How to finance Investments; Capital Structuring; Debt or Equity |
9) | Dividend Payment Decisions, How much to pay? How to pay? |
10) | Financial Modeling and Pro Forma Analysis; |
11) | Working Capital Management and Short-Term Financial Planning |
12) | Option Applications and Corporate Finance |
13) | Mergers and Acquisitions |
14) | International Corporate Finance |
15) | Final Examination Period |
16) | Final Examination Period |
Required/Recommended Readings | Lecture Notes shall be provided. Apart from the lecture notes the following text book is required. Fundamentals of Corporate Finance 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 | There will be small home-works for students that will help them to understand the course material by actually doing it. Also a Project where the students shall use the information provided during the courses for Final shall be demanded as Final exam note. | |||||||||||||||
Laboratory Work | None | |||||||||||||||
Computer Use | Personal Notebook | |||||||||||||||
Other Activities | None | |||||||||||||||
Assessment Methods |
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Course Administration |
ozmer@mef.edu.tr The instructor may act as facilitator for class/group discussions and observe how each student contributes / adds value to the discussed topic. The topic may either cover previous material or assigned new material from videos and book chapters. Homework, if assigned, must be submitted on time and in the requested format. Late submission will not be accepted. This is a flipped course where each student is expected to read assigned material and watch videos in advance, follow class and Blackboard, and actively participate. If you are sick on the day of the exam you need to submit a legitimate doctor’s report explicitly stating that your excuse prevents you from taking the exam in line with university regulations. Academic dishonesty and plagiarism will be subject to the YÖK disciplinary regulation. |
Activity | No/Weeks | Hours | Calculation | ||||
No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
Course Hours | 14 | 2 | 3 | 70 | |||
Homework Assignments | 2 | 16 | 2 | 36 | |||
Midterm(s) | 1 | 8 | 2 | 10 | |||
Final Examination | 1 | 12 | 2 | 14 | |||
Total Workload | 130 | ||||||
Total Workload/25 | 5.2 | ||||||
ECTS | 5 |