FIN 435 International Trade FinancingMEF 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 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:
Estimated Student Workload 136 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites FIN 202 - Finance | FIN 204 - Corporate Finance
Expected Prior Knowledge Basic business and management topics
Co-requisites None
Registration Restrictions Only Undergraduate Students
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
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.
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.

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
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 S
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 H Exam
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects S Exam
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 S Exam
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 N
9) Displays computer proficiency to support problem solving and decision-making N
10) Demonstrates teamwork, leadership, and entrepreneurial skills S Project
11) Displays learning skills necessary for further study with a high degree of autonomy N
Prepared by and Date HANDE KARADAĞ , May 2023
Course Coordinator CEYHAN MUTLU
Semester Fall
Name of Instructor

Course Contents

Week Subject
1) Basic Concepts of International Trade
2) Documents in International Trade I
3) Documents in International Trade II
4) Export Operations
5) Import Operations
6) Insurance Types in International Trade
7) Mid-term exam 1
8) Payment methods I
9) Payment methods II
10) Letters of Credit I
11) Letters of Credit II
12) Factoring and Forfaiting
13) Hedging Tools and Mechanisms
14) Mid-term 2
15) Project Presentation Period
16) Project Presentation Period
Required/Recommended ReadingsWill be prepared and announced by the instructor.
Teaching MethodsInstructional 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.
Homework and ProjectsThe 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.
Laboratory Work
Computer UseLimited use of PPT and Word programs.
Other ActivitiesGuest lecturers will be invited to give a practical aspect of the theoretical concepts throughout the semester.
Assessment Methods
Assessment Tools Count Weight
Attendance 1 % 20
Project 1 % 30
Midterm(s) 2 % 50
TOTAL % 100
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.

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 1 16 4 20
Midterm(s) 2 14 2 32
Total Workload 136
Total Workload/25 5.4
ECTS 5