INTERNATIONAL FINANCE PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UTI319	INTERNATIONAL FINANCE	5	3	3	8

GENERAL INFORMATION
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	Assoc.Prof. HAKAN YILDIRIM
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to improve the aptitude for organizing international currency system from a historical perspective, interpreting activities in global financial market, examining capital management process and financial resolution of international companies.
Contents of the Course Unit:	Contents of the course include international finance theory, globalisation and multinational companies, international monetary system, balance of payments, international arbitrage and interest rate parity, foreign currency market, determination of foreign currency rates, future delivery contracts, options contracts, other derivative market instruments, systematic and unsystematic risks, hedging, banking transactions.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Explain changes in international currency system from a historical perspective.
List balance of payments over the submitted numeric values.
Contrast differences between derivative instruments as in futures, option, forward, swap.
Examine changes in foreign exchange rate, international arbitrage and interest rate parity through developments in international markets.
Decide on financial resolutions within the scope of current systemic and non-systemic risks of multinational companies.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading	International Finance Theory	Lecture & Question and Answer & Discussion
2	Reading	Globalisation and multinational companies	Lecture & Question and Answer & Discussion
3	Reading	International Monetary System	Lecture & Question and Answer & Discussion
4	Reading	Balance of Payments	Lecture & Question and Answer & Discussion
5	Reading	International Arbitrage and Interest Rate Parity	Lecture & Question and Answer & Discussion
6	Reading	Foreign Currency Market	Lecture & Question and Answer & Discussion
7	Reading	Determination of Foreign Currency Rates	Lecture & Question and Answer & Discussion
8	-	MID-TERM EXAM	-
9	Reading	Future Delivery Contracts	Lecture & Question and Answer & Discussion
10	Reading	Options Contracts	Lecture & Question and Answer & Discussion
11	Reading	Other Derivative Market Instruments	Lecture & Question and Answer & Discussion
12	Reading	Systematic and Unsystematic Risk	Lecture & Question and Answer & Discussion
13	Reading	Hedging	Lecture & Question and Answer & Discussion
14	Reading	Banking Transactions	Lecture & Question and Answer & Discussion
15	Reading	General Revision	Lecture & Question and Answer & Discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Seyidoglu, H. (2016). Uluslararasi Finans. 6th Edition, Istanbul: Guzem Can Publications
Melvin, M. Ve Norrbin, S. C. (2016). Uluslararasi Para ve Finans. 1st Edition, Translation: Kolektif, Ankara: Nobel Press
Dogukanli, H. (2015). Uluslararasi Finans. 3rd Edition, İstanbul: Karahan Bookstore.
Sercu, P. (2011). International Finance : Theory into Practice. New Jersey, United States: Princeton University Press..
Işık, S. Duman, K. ve Korkmaz, A. (2004). Türkiye Ekonomisinde Finansal Krizler: Bir Faktör Analizi Uygulaması, D.E.Ü. İ.İ.B.F.Dergisi, C.19, S.1, ss. 45-69.

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	Describe basic theories of microeconomics and macroeconomics by benefiting from assumptions and axioms.						5
2	Recognize the entries in the book and financial balance sheet of the business organization.						5
3	Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.					4

KNOWLEDGE
Factual
	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.			2
2	Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.				3
3	Solve financial and legal problems confronted in international trade practices.				3

SKILLS
Cognitive
	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.						5
2	Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.						5

SKILLS
Practical
	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.					4

OCCUPATIONAL
Autonomy & Responsibility
	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.						5

OCCUPATIONAL
Learning to Learn
	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.						5

OCCUPATIONAL
Communication & Social
	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.						5
2	Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.					4
3	Design a healthy communication network for themselves in the business world by using social life skills.					4

OCCUPATIONAL
Occupational and/or Vocational
	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.						5
2	Develop suggestions for international trade policies by determining economic problems in the macro level.				3
3	Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market				3
4	Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.					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	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	10	70
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	5	12	60
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	41	0	200