| Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
| ITR111 |
PRINCIPLES OF FINANCE |
1 |
3 |
3 |
4 |
GENERAL INFORMATION |
| Language of Instruction : |
English |
| Level of the Course Unit : |
BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
| Type of the Course : |
Compulsory |
| Mode of Delivery of the Course Unit |
- |
| Coordinator of the Course Unit |
Assist.Prof. MEHMET SAYA |
| Instructor(s) of the Course Unit |
Prof. NİMET HÜLYA TIRMANDIOĞLU TALU |
| Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
| Objectives of the Course Unit: |
The basic concepts of financial management, examination of financial systems and methods, and provision of up-to-date theoretical knowledge that is vitally important for businesses. |
| Contents of the Course Unit: |
Learning basic financial management concepts, establishing a theoretical foundation for major securities such as bonds, stocks, and treasury, and providing students with knowledge about financial planning and auditing, fund sources and costs, capital structure, working capital management, investment in fixed assets, and financial markets, thereby developing students' ability to interpret and analyze these topics. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
| Defines the concepts and processes of finance, financing, and financial management. |
| Interprets financial statements, including balance sheets, income statements, and cash flow statements, using practical examples. Classifies financial resources, liquidity, and receivables according to their terms and sources. |
| They apply simple and compound interest and annuity calculations using the sample questions provided to them. |
| Relates the time value of money and market interest rate determinants by evaluating current economic developments. |
| Organizes financial management decisions under conditions of certainty and uncertainty, taking into account the company's liquidity, activity, and profitability ratios. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
| Week |
Preparatory |
Topics(Subjects) |
Method |
| 1 |
- |
Financial Management and Financial Manager |
Presentation-Question & Answer |
| 2 |
Reading |
Types of Companies and Financial Decisions |
Presentation-Question & Answer |
| 3 |
Reading |
Financial Markets and Instruments |
Presentation-Question & Answer |
| 4 |
Reading |
Financial Markets and Instruments |
Presentation-Question & Answer |
| 5 |
Reading |
Financial Institutions |
Presentation-Question & Answer |
| 6 |
Reading |
Financial Institutions |
Presentation-Question & Answer |
| 7 |
Reading |
Financial Planning and Auditing |
Presentation-Question & Answer |
| 8 |
Reading |
Working Capital Management |
Presentation-Question & Answer |
| 9 |
Reading |
Cash Management |
Presentation-Question & Answer |
| 10 |
- |
MID-TERM EXAM |
- |
| 11 |
Reading |
Accounts Receivable Management |
Presentation-Question & Answer |
| 12 |
Reading |
Inventory Management |
Presentation-Question & Answer |
| 13 |
Reading |
Short-Term Financing Sources |
Presentation-Question & Answer |
| 14 |
Reading |
Medium- and Long-Term Financing Sources |
Presentation-Question & Answer |
| 15 |
Reading |
Equity |
Presentation-Question & Answer |
| 16 |
- |
FINAL EXAM |
- |
| 17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
| Brealey, R. A., Myers, S. C. & Allen, F. (2020). Principles of Corporate Finance. McGraw-Hill Education. |
| Ross, S. A., Westerfield, R. W. & Jordan, B. D. (2019). Fundamentals of Corporate Finance. McGraw-Hill Education. |
| Berk, J. & DeMarzo, P. (2020). Corporate Finance. Pearson Education. |
| Investopedia. Finance Basics. https://www.investopedia.com |
ASSESSMENT |
| Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
Examination Method |
| Mid-Term Exam |
1 |
50 |
|
Classical Exam |
| Final Exam |
1 |
50 |
|
Classical Exam |
| TOTAL |
2 |
100 |
|
|
| Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
KNOWLEDGE |
Theoretical |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Define the basic concepts of economics, administrative and human sciences. (Bloom 1)
|
|
|
|
|
|
5 |
| 2 |
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)
|
|
|
|
|
|
5 |
KNOWLEDGE |
Factual |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Relate principles and concepts of economics and finance with other disciplines. (Bloom 4)
|
|
|
|
|
|
5 |
| 2 |
Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)
|
|
|
|
|
|
5 |
SKILLS |
Cognitive |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Interpret the charts and tables related to the field. (Bloom 2)
|
|
|
|
|
|
5 |
SKILLS |
Practical |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Evaluate the theoretical models of economic policies which have direct or indirect effects by using the facts and dynamics of the economic system.(Bloom 4)
|
|
|
|
3 |
|
|
| 2 |
Analyze economic and financial reports. ((bloom 4)
|
|
|
|
3 |
|
|
| 3 |
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
|
|
|
|
3 |
|
|
| 4 |
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)
|
|
|
|
3 |
|
|
OCCUPATIONAL |
Autonomy & Responsibility |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Organize economic and financial activities in humanitarian and social terms with adherence to ethics. (Bloom 4).
|
|
|
2 |
|
|
|
OCCUPATIONAL |
Learning to Learn |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Develop a critical perspective on national and international economic, political, social, financial and development problems. (bloom 6)
|
|
|
2 |
|
|
|
OCCUPATIONAL |
Communication & Social |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Follow the agenda on economics, politics and social issues and improve himself/ herself. (bloom 6)
|
|
|
|
|
|
5 |
OCCUPATIONAL |
Occupational and/or Vocational |
|
Programme Learning Outcomes |
Level of Contribution |
| 0 |
1 |
2 |
3 |
4 |
5 |
| 1 |
Analyze current issues and problems by using the structure and properties of Macro and Microeconomics and variables. (Bloom 4)
|
|
|
2 |
|
|
|
| 2 |
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
|
|
|
|
3 |
|
|
| 3 |
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
|
|
|
|
|
4 |
|
| 4 |
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)
|
|
|
|
|
4 |
|
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
Workload for Learning & Teaching Activities |
| Type of the Learning Activites |
Learning Activities (# of week) |
Duration (hours, h) |
Workload (h) |
| Lecture & In-Class Activities |
14 |
3 |
42 |
| Preliminary & Further Study |
14 |
1 |
14 |
| Land Surveying |
0 |
0 |
0 |
| Group Work |
0 |
0 |
0 |
| Laboratory |
0 |
0 |
0 |
| Reading |
6 |
4 |
24 |
| Assignment (Homework) |
0 |
0 |
0 |
| Project Work |
0 |
0 |
0 |
| Seminar |
0 |
0 |
0 |
| Internship |
0 |
0 |
0 |
| Technical Visit |
0 |
0 |
0 |
| Web Based Learning |
0 |
0 |
0 |
| Implementation/Application/Practice |
0 |
0 |
0 |
| Practice at a workplace |
0 |
0 |
0 |
| Occupational Activity |
0 |
0 |
0 |
| Social Activity |
0 |
0 |
0 |
| Thesis Work |
0 |
0 |
0 |
| Field Study |
0 |
0 |
0 |
| Report Writing |
0 |
0 |
0 |
| Final Exam |
1 |
1 |
1 |
| Preparation for the Final Exam |
2 |
5 |
10 |
| Mid-Term Exam |
1 |
1 |
1 |
| Preparation for the Mid-Term Exam |
2 |
5 |
10 |
| Short Exam |
0 |
0 |
0 |
| Preparation for the Short Exam |
0 |
0 |
0 |
| TOTAL |
40 |
0 |
102 |
|
Total Workload of the Course Unit |
102 |
|
|
Workload (h) / 25.5 |
4 |
|
|
ECTS Credits allocated for the Course Unit |
4,0 |
|