MEF UNIVERSITY

School/Faculty/Institute

Faculty of Economics, Administrative and Social Sciences

Course Code

FIN 436

Course Title in English

Project Finance

Course Title in Turkish

Proje Finansmanı

Language of Instruction

Type of Course

Flipped Classroom

Level of Course

Advanced

Semester

Spring

Contact Hours per Week

Lecture: 3

Recitation:

Lab:

Other:

Estimated Student Workload

132 hours per semester

Number of Credits

5 ECTS

Grading Mode

Standard Letter Grade

Pre-requisites

None

Expected Prior Knowledge

None

Co-requisites

None

Registration Restrictions

Only undergraduate students

Overall Educational Objective

To learn to evaluate the financials of projects and to support project decision processes

Course Description

The aim of this course is to develop an ability to gain a financial understanding when evaluating projects, build and estimate the financial figures over projects, and create a basis for decision-making.

Course Description in Turkish

Bu dersin amacı, projeleri değerlendirirken finansal bir anlayış kazanma, projeler üzerinden finansal rakamları oluşturma ve tahmin etme ve karar verme için bir temel oluşturma becerisi geliştirmektir.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) understand project financing techniques;
2) apply different analysis of financial methods to different project scenarios;
3) understand how financial partners can support companies’ future decisions.
4) analyse alternative projects with respect to their future returns and costs.

Program Learning Outcomes/Course Learning Outcomes	1	2	3	4
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology.
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation.
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes.
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts.
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline.
6) Internalization and dissemination of professional ethical standards.
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences.
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level).
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity.
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement.
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses.
12) Ability to acquire knowledge independently, and to plan one’s own learning.
13) Demonstration of advanced competence in the clarity and composition of written work and presentations.

Relation to Program Outcomes and Competences

N None	S Supportive	H Highly Related

	Program Outcomes and Competences	Level	Assessed by
1)	Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology.	N
2)	Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation.	N
3)	Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes.	H	Exam,HW,Participation
4)	Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts.	N
5)	Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline.	N
6)	Internalization and dissemination of professional ethical standards.	N
7)	Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences.	N
8)	Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level).	N
9)	Recognition, understanding, and respect for the complexity of sociocultural and international diversity.	S	Participation
10)	Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement.	S	HW,Participation
11)	Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses.	N
12)	Ability to acquire knowledge independently, and to plan one’s own learning.	S	Exam,HW
13)	Demonstration of advanced competence in the clarity and composition of written work and presentations.	H	Exam,HW

Prepared by and Date	, May 2023
Course Coordinator	MERVE ÖZ
Semester	Spring
Name of Instructor

Course Contents

Week	Subject
1)	Introduction-Conceptual (Project & Project Decisions)
2)	Basic Financial Statements
3)	Time Value of Money
4)	Interest Rates
5)	PW Analysis/ Annual Worth Analysis/ Rate of Return Analysis
6)	PW Analysis/ Annual Worth Analysis/ Rate of Return Analysis
7)	Breakeven & Payback Analysis
8)	Review
9)	Capital Budgeting Techniques
10)	Risk in Capital Budgeting
11)	Financing Methods-Levarage & Capital Structure
12)	Financing Methods-Levarage & Capital Structure
13)	Methods of Project Risk Description (Sensitivity/ Breakeven/ Scenario)
14)	Project Financing and Non-Economic Attributes
15)	Final Project Presentations
16)	Final Examination Period

Required/Recommended Readings

The textbook and cases will be declared by the instructor. Engineering Economy, 8/e Leland Blank, Texas A & M University Anthony Tarquin, University of Texas at El Paso

Teaching Methods

Videos, powerpoint presentations for each session, cases and group projects. The students are expected to come each session having read and watched the course material. The course involves cases and projects, students are expected to engage in the class discussion and apply the knowledge acquired in a team setting.

Homework and Projects

Laboratory Work

Computer Use

Each session requires use of Blackboard; therefore, use of computer is a must.

Other Activities

Guest speakers will be invited for giving practical aspects of related theoretical concepts.

Assessment Methods

Assessment Tools	Count	Weight
Attendance	1	% 20
Quiz(zes)	4	% 20
Homework Assignments	4	% 20
Project	1	% 40
TOTAL		% 100

Course Administration

yavuzas@mef.edu.tr

Asu Ulutürk Yavuz Phone: 0 549 772 82 77 Email: yavuzas@mef.edu.tr In this course, active participation is key to learning and applying. Thus the grading of the class participation will be done based on the quality of active student participation and contribution to in-class activities. Students are expected to attend all sessions and be in class on time. When they cannot attend due to a sickness (which should require a report from a full facility hospital) or an excuse accepted my MEF regulations, they should inform the instructors by mail. As the feedback and questions are very valuable for making the course a distinctive learning experience, students may visit the instructors during office hours or send e mails, for any course related issues. Academic dishonesty and plagiarism will be subject to the YÖK Disciplinary Regulation.

ECTS Student Workload Estimation

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	1	84
Project	3	13	3		48
Total Workload					132
Total Workload/25					5.3
ECTS					5