Business Administration (English) (Non-Thesis)
Master	Length of the Programme: 1.5	Number of Credits: 90	TR-NQF-HE: Level 7	QF-EHEA: Second Cycle	EQF: Level 7

Ders Genel Tanıtım Bilgileri

School/Faculty/Institute

Graduate School of Social Sciences

Course Code

MBA 502

Course Title in English

Corporate Finance

Course Title in Turkish

Kurumsal Finansman

Language of Instruction

Type of Course

Flipped Classroom

Level of Course

Select

Semester

Spring

Contact Hours per Week

Lecture: 3

Recitation:

Lab:

Other:

Estimated Student Workload

130 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

None

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 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 principles of finance, learn how to use the decision making tools, analyze the situations and how to decide accordingly. Within the course the 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 Description in Turkish

Günümüz iş dünyasında, hem işletme adayları hem de kendi işlerini yapmak isteyen girişimciler, kurumsal finansman hakkında veya başka bir deyişle finans konularını nasıl yönetecekleri konusunda belirli düzeyde bilgi ve becerilere sahip olmalıdır. Bu ders ile öğrencilere finansın temel prensiplerini anlamalarını, karar verme araçlarını nasıl kullanmaları gerektiğini, durumları analiz etmelerini ve buna göre karar vermelerini sağlayacak gerekli bilgi ve becerileri kazandırmayı hedeflemektedir. Derste paranın zaman değeri, fırsat maliyeti, net bugünkü değerin arkasındaki hesaplama ve prensipler ve IRR metrikleri ile birlikte sermaye maliyeti ve borç maliyeti kavramları hakkında konuşulurken temel finans kararları ve terminolojisi tartışılacaktır.

Course Learning Outcomes and Competences

Upon 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
1) Ability to analyse a various range of organizational information, including accounting and finance, operations management, marketing and technology
2) Integration of the organizational functional knowledge in the process of formulation and implementation of long-term strategic goals and objectives
3) Competence in leadership and team membership skills for managing innovation as well as routine processes and activities in organizations
4) Self-exploration through the development and implementation of real business opportunities
5) Awareness of the uncertainty and complexity of global business environments and changing business practices and trends
6) Ability to find ethical, creative, comprehensive solutions to complex organizational problems
7) Integration of management techniques, new business models and analytical tools to decision-making processes
8) Competence in vital managerial and leadership skills, such as critical thinking, business communication, decision making and conflict resolution
9) Ability to communicate in English both verbally and in writing at European Language Portfolio General Level B2.

Relation to Program Outcomes and Competences

N None	S Supportive	H Highly Related

	Program Outcomes and Competences	Level	Assessed by
1)	Ability to analyse a various range of organizational information, including accounting and finance, operations management, marketing and technology	N	Project
2)	Integration of the organizational functional knowledge in the process of formulation and implementation of long-term strategic goals and objectives	H	Project
3)	Competence in leadership and team membership skills for managing innovation as well as routine processes and activities in organizations	H	Project
4)	Self-exploration through the development and implementation of real business opportunities	H	Project
5)	Awareness of the uncertainty and complexity of global business environments and changing business practices and trends	S	Project
6)	Ability to find ethical, creative, comprehensive solutions to complex organizational problems	S	Project
7)	Integration of management techniques, new business models and analytical tools to decision-making processes	H	Project
8)	Competence in vital managerial and leadership skills, such as critical thinking, business communication, decision making and conflict resolution	S	Project
9)	Ability to communicate in English both verbally and in writing at European Language Portfolio General Level B2.	N

Prepared by and Date	,
Course Coordinator	CEYHAN MUTLU
Semester	Spring
Name of Instructor	Öğr. Gör. ALTUG DAYIOGLU

Course Contents

Week	Subject
1)	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

1. Fundamentals of Corporate Finance by Jonathan Berk, Peter DeMarzo, Jarrad Harford 2. Arthur J. Keown, John D. Martin, J. William Petty; “Foundations of Finance”; (2014) Pearson, 3. Aswath Damodaran; “Investment Valuation”; (2012) Wiley, 4. Sheridan Titman, John Martin; “Valuation: The Art and Science of Corporate Investment Decision”; (2013) Pearson.

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

Assessment Tools	Count	Weight
Attendance	1	% 10
Homework Assignments	1	% 20
Midterm(s)	1	% 30
Final Examination	1	% 40
TOTAL		% 100

Course Administration

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		70
Homework Assignments	2	16	2		36
Midterm(s)	1	8	2		10
Final Examination	1	2	12		14
Total Workload					130
Total Workload/25					5.2
ECTS					5