FIN 204 Corporate FinanceMEF UniversityDegree Programs Business AdministrationGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Business Administration
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

Ders Genel Tanıtım Bilgileri

School/Faculty/Institute Faculty of Econ., Admin. 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
Lecture: 3 Recitation: Lab: Other:
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
Expected Prior Knowledge Basic knowledge of accounting and financial statements.
Co-requisites None
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 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 temel 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) 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

Relation to Program Outcomes and Competences

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 H 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 S Participation
5) Demonstrates individual and professional ethical behavior and social responsibility S Participation
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues S Participation
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions H Participation
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting H Participation
9) Displays computer proficiency to support problem solving and decision-making S Participation
10) Demonstrates teamwork, leadership, and entrepreneurial skills S Participation
11) Displays learning skills necessary for further study with a high degree of autonomy S Participation
Prepared by and Date , May 2023
Course Coordinator CEYHAN MUTLU
Semester Spring
Name of Instructor Asst. Prof. Dr. MERVE ÖZ

Course Contents

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 ReadingsLecture 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 MethodsThe 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 ProjectsThere 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
Computer Use
Other Activities
Assessment Methods
Assessment Tools Count Weight
Attendance 1 % 30
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 12 2 14
Total Workload 130
Total Workload/25 5.2
ECTS 5