School/Faculty/Institute |
Faculty of Econ., Admin. and Social Sciences |
Course Code |
FIN 435 |
Course Title in English |
International Trade Financing |
Course Title in Turkish |
Dış Ticaret Finansmanı |
Language of Instruction |
EN |
Type of Course |
Flipped Classroom |
Level of Course |
Intermediate |
Semester |
Fall |
Contact Hours per Week |
Lecture: 3 |
Recitation: |
Lab: |
Other: |
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Estimated Student Workload |
136 hours per semester |
Number of Credits |
5 ECTS |
Grading Mode |
Standard Letter Grade
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Pre-requisites |
FIN 202 - Finance | FIN 204 - Corporate Finance
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Expected Prior Knowledge |
Basic business and management topics
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Co-requisites |
None |
Registration Restrictions |
Only Undergraduate Students
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Overall Educational Objective |
To learn about financial instruments used in international trade financing
To understand how international companies conduct trade activities with foreign partners
To earn the skills to manage basics of international finance operations
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Course Description |
This course is designed to create a knowledge base for students who wish to have a detailed understanding of international trade financing. The course will cover export and import operations and documents, insurance types used in international trade and financial tools used to safeguard the collections, as well as minimize risks such as bank letters and hedging mechanisms. The course has a practical perspective, thereby will entail analysis and discussion about customs, insurance and banking documentation in the classroom environment.
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Course Description in Turkish |
Bu ders, uluslararası ticaretin finansmanı alanındaki bilgilerini derinleştirmek isteyen öğrencier için temel bir bilgi tabanı yaratmaya yönelik olarak tasarlanmıştır.Derste işlenecek başlıca konular ihracat ve ithalat operasyonları ve evrakları, uluslararası ticarette kullanılan sigorta tipleri, ödeme riskini minimuma indirmek için kullanılması gereken finansal araçlar ve koruma mekanizmalarıdır. Dersite Pratik bir ders işleme tekniği kullanılacağından, günlük dış ticaret işlemlerinde yeralan gümrük, bankacılık ve sigorta dokümanları sınıf ortamında incelenecek ve tartışılacaktır.
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Course Learning Outcomes and Competences
Upon successful completion of the course, the learner is expected to be able to:
1) Differentiate between different international financing tools and methods
2) Prepare a flow of the export and import financing processes
3) Understand how to hedge a company’s financial operations against financial risks
4) Choose the right payment and insurance method for a specific company
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Program Learning Outcomes/Course Learning Outcomes |
1 |
2 |
3 |
4 |
1) Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
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2) Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
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3) Displays a sound comprehension of microeconomic and macroeconomic theory.
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4) Applies economic concepts to solve complex problems and enhance decision-making capability. |
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5) Uses quantitative techniques to analyze different economic systems.
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6) Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
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7) Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
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8) Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
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9) Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
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10) Exhibits individual and professional ethical behavior and social responsibility. |
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11) Displays learning skills necessary for further study with a high degree of autonomy |
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Relation to Program Outcomes and Competences
N None |
S Supportive |
H Highly Related |
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Program Outcomes and Competences |
Level |
Assessed by |
1) |
Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
N |
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2) |
Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
N |
|
3) |
Displays a sound comprehension of microeconomic and macroeconomic theory.
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N |
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4) |
Applies economic concepts to solve complex problems and enhance decision-making capability. |
N |
|
5) |
Uses quantitative techniques to analyze different economic systems.
|
N |
|
6) |
Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
N |
|
7) |
Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
N |
|
8) |
Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
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N |
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9) |
Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
N |
|
10) |
Exhibits individual and professional ethical behavior and social responsibility. |
N |
|
11) |
Displays learning skills necessary for further study with a high degree of autonomy |
N |
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Prepared by and Date |
HANDE KARADAĞ , May 2023 |
Course Coordinator |
CEYHAN MUTLU |
Semester |
Fall |
Name of Instructor |
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Course Contents
Week |
Subject |
1) |
Basic Concepts of International Trade
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2) |
Documents in International Trade I
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3) |
Documents in International Trade II
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4) |
Export Operations
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5) |
Import Operations
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6) |
Insurance Types in International Trade
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7) |
Mid-term exam 1
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8) |
Payment methods I
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9) |
Payment methods II
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10) |
Letters of Credit I
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11) |
Letters of Credit II
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12) |
Factoring and Forfaiting
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13) |
Hedging Tools and Mechanisms
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14) |
Mid-term 2
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15) |
Project Presentation Period
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16) |
Project Presentation Period
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Required/Recommended Readings | Will be prepared and announced by the instructor.
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Teaching Methods | Instructional strategy and expectations for both students and instructional staff that follow from this. Student work modes (independently and/or in teams). Any work with the outside community – geographic or industry sector.
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Homework and Projects | The students will be making one presentation as a group at the end of the course. The groups will be formed and the details of the projects will be announced later by the instructor. Each group will have maximum 5 members and each team member will present their part individually. Before the presentations, the group projects have to be submitted as a PPT file within a deadline provided by the instructor. Late assignments will not get full points.
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Laboratory Work | |
Computer Use | Limited use of PPT and Word programs.
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Other Activities | Guest lecturers will be invited to give a practical aspect of the theoretical concepts throughout the semester.
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Assessment Methods |
Assessment Tools |
Count |
Weight |
Attendance |
1 |
% 20 |
Project |
1 |
% 30 |
Midterm(s) |
2 |
% 50 |
TOTAL |
% 100 |
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Course Administration |
karadagh@mef.edu.tr
0 212 395 36 50
Asst. Prof. Dr. Hande Karadağ
Office Hours: Wed 17.00-18.00
In this course, active participation is key to learning and applying, as for a topic like international business, new ideas can be generated through questioning, brain storming and discussion. 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 can not 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.
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