Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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UTI207 | INTRODUCTION TO FINANCE | 3 | 3 | 3 | 6 |
GENERAL INFORMATION |
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Language of Instruction : | Turkish |
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 | Assoc.Prof. ONUR ÖZDEMİR |
Instructor(s) of the Course Unit | Assist.Prof. SERKAN DEMİREL |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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Objectives of the Course Unit: | This course aims to introduce knowledge regarding basic principles of finance, finance, financing concepts and processes systematically and bring in the rational decision-making skill by using this knowledge and making financial analysis and plans. |
Contents of the Course Unit: | Contents of the course include basis of financial management, introduction to financial markets, financial function in business organization, time value of money, determination of interest rates and term structure of interest rates, definition and measurement of risk and return concepts, risk dispersion and capital asset pricing model, bond market, share market, opportunity and risks in international financial management, parity exchange rate in international financial management, return measurement of exchange rate, risk and management, general revision. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Define concepts and processes in finance, financing, financial management. |
Interpret financial accounts, balance sheets and funds flow statements by benefiting from practical examples. |
Classify financial sources, liquidity, receivables; according to date and sources. |
Apply simple and compound interest and annuity computation over example questions provided to them. |
Match the time value of money and market interest determinants after evaluation. |
Organize the financial management resolutions in the matter of certainty and uncertainty by evaluating the liquidity, activity, profitability ratios of the business organization. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | Reading | Basis of Financial Management | Lecture & Question and Answer & Discussion |
2 | Reading | Introduction to Financial Markets | Lecture & Question and Answer & Discussion |
3 | Reading | Financial Function in Business Organization | Lecture & Question and Answer & Discussion |
4 | Reading | Time Value of Money -1 | Lecture & Question and Answer & Discussion |
5 | Reading | Time Value of Money -2 | Lecture & Question and Answer & Discussion |
6 | Reading | Determination of Interest Rates and Term Structure of Interest Rates | Lecture & Question and Answer & Discussion |
7 | Reading | Definition and Measurement of Risk and Return Concepts | Lecture & Question and Answer & Discussion |
8 | - | MID-TERM EXAM | - |
9 | Reading | Risk Dispersion and Capital Asset Pricing Model | Lecture & Question and Answer & Discussion |
10 | Reading | Bond Market | Lecture & Question and Answer & Discussion |
11 | Reading | Share Market | Lecture & Question and Answer & Discussion |
12 | Reading | Opportunity and Risks in International Financial Management | Lecture & Question and Answer & Discussion |
13 | Reading | Parity Exchange Rate in International Financial Management | Lecture & Question and Answer & Discussion |
14 | Reading | Return Measurement of Exchange Rate, Risk and Management | Lecture & Question and Answer & Discussion |
15 | Reading | General Revision | Lecture & Question and Answer & Discussion |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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Akguc, O. (2013). Finansal Yonetim. Istanbul: Avciol Press. |
Madura, J. (2012). Uluslararasi Finansal Yonetim-I. Translation Editor: Hatice Dogukanli, Ankara: Nobel Press. |
Brealey, R. A.; Myers, S. C. ve Marcus, A. J. (2007). İsletme Finansinin Temelleri. Translation: Unal Bozkurt, Turkan Arikan, Hatice Dogukanli, 6th Edition, Istanbul: Literatur Publishing. |
ASSESSMENT |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Describe basic theories of microeconomics and macroeconomics by benefiting from assumptions and axioms.
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5 | |||||
2 |
Recognize the entries in the book and financial balance sheet of the business organization.
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5 | |||||
3 |
Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.
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3 |
KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Summarize historical development of the international trade theories by adhering to the chronological order.
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3 | |||||
2 |
Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
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2 | |||||
3 |
Solve financial and legal problems confronted in international trade practices.
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3 |
SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Relate statistical raw data by benefiting from computer programs and relate data with one another in consideration of theoretical knowledge.
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4 | |||||
2 |
Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.
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4 |
SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Interpret current events and facts in international trade based on advanced knowledge and skills from an analytical and systematic holistic view.
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3 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Relate knowledge about economic globalization and internationalization with current knowledge in the field.
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3 |
OCCUPATIONAL |
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Learning to Learn |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Examine current economic policies applied over the gained advanced knowledge and skills by a critical approach.
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4 |
OCCUPATIONAL |
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Communication & Social |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Explain demands in written or verbally by using the foreign language skill in business and social life effectively.
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3 | |||||
2 |
Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.
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3 | |||||
3 |
Design a healthy communication network for themselves in the business world by using social life skills.
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3 |
OCCUPATIONAL |
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Occupational and/or Vocational |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Analyze current issues, events and problems by benefiting from theoretical and historical knowledge of international trade and economics.
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3 | |||||
2 |
Develop suggestions for international trade policies by determining economic problems in the macro level.
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3 | |||||
3 |
Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market
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4 | |||||
4 |
Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.
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3 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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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 | 4 | 52 |
Land Surveying | 0 | 0 | 0 |
Group Work | 0 | 0 | 0 |
Laboratory | 0 | 0 | 0 |
Reading | 0 | 0 | 0 |
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 | 7 | 5 | 35 |
Mid-Term Exam | 1 | 1 | 1 |
Preparation for the Mid-Term Exam | 5 | 4 | 20 |
Short Exam | 0 | 0 | 0 |
Preparation for the Short Exam | 0 | 0 | 0 |
TOTAL | 41 | 0 | 151 |
Total Workload of the Course Unit | 151 | ||
Workload (h) / 25.5 | 5,9 | ||
ECTS Credits allocated for the Course Unit | 6,0 |