FINANCIAL MANAGEMENT I PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
ECF353	FINANCIAL MANAGEMENT I	5	3	3	8

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	Prof. BÜLENT EŞİYOK
Instructor(s) of the Course Unit	Prof. NİMET HÜLYA TIRMANDIOĞLU TALU
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to provide the students with the ability to interpret the financial management mechanisms by using the basic principles, concepts and calculations of financial decision making.
Contents of the Course Unit:	Contents of the course include the subjects such as Time Value of Money, Valuation of Fixed-Assets Stocks, Valuation of Stocks, Cost of Capital, Long-Term Investment Decisions and Capital Budget.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
List at least 3 of the characteristics of financial management. (1)
Use the characteristics of financial management in the current business and social life. (3)
Explain the cost and expense accounts used in financial decision making. (2)
Explain the basic policies of financial management. (2)
Interpret the results of mathematical calculations. (4)
Discuss the company valuation with examples. (2)
Use basic mathematical calculations in financial matters. (3)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading	The function and scope of financial management	Lecture & Question Answer & Research
2	Reading	Time Value of Money: Future Value	Lecture & Question Answer & Research
3	Reading	Time Value of Money: Present Value	Lecture & Question Answer & Research
4	Reading	Time Value of Money: The Future Value of the Annuity	Lecture & Question Answer & Research
5	Reading	Time Value of Money: The Present Value of the Annuity	Lecture & Question Answer & Research
6	Reading	Security Valuation: Bond Valuation	Lecture & Question Answer & Research
7	Reading	Security Valuation: Stock Valuation	Lecture & Question Answer & Research
8	-	MID-TERM EXAM	-
9	Reading	Cost of Capital: Borrowing Cost	Lecture & Question Answer & Research
10	Reading	Cost of Capital: Cost of Equity	Lecture & Question Answer & Research
11	Reading	Cost of Capital: Average Cost of Capital	Lecture & Question Answer & Research
12	Reading	Investment Decision Criteria: Payback Period and discounted payback period Internal Rate of Return	Lecture & Question Answer & Research
13	Reading	Investment Decision Criteria: Present Value	Lecture & Question Answer & Research
14	Reading	Investment Decision Criteria: Internal Rate of Return	Lecture & Question Answer & Research
15	Reading	General Revision	Lecture & Question Answer & Research
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
by Alan C. Shapiro, Multinational Financial Management
by Philippe Jorion and GARP (Global Association of Risk Professionals), Financial Risk Manager Handbook, + Test Bank: FRM Part I / Part II
Eugene F. Brigham and Michael C. Ehrhardt.(2013).Financial Management: Theory & Practice.Business School Edition

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

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)		1
2	Evaluate the economic environment and overall sustainability of firms. (Bloom 4)					4

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)				3
2	Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)				3

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)		1

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)		1
2	Analyze economic and financial reports. ((bloom 4)			2
3	Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)			2
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).				3

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)		1

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)			2
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	13	2	26
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	6	2	12
Assignment (Homework)	13	2	26
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	6	10	60
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	4	9	36
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	58	0	204