FOREIGN TRADE FINANCE PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UTI308	FOREIGN TRADE FINANCE	6	3	3	7

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
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to improve the aptitude for financing skills to be used in foreign trade transactions by acquainting them with monetary, non-cash and other financial sources in import and export transactions.
Contents of the Course Unit:	Contents of the course include foreign trade, import, export and custom concepts, foreign currency market, foreign exchange rate policy, payment methods in foreign trade, examples of practices in payment methods in foreign trade, financing of import and export, difference between export credits and other commercial credits, Eximbank credits, buyer's credits, Leasing practices, operation of factoring and forfaiting, securitization and small and Medium Industry Development Organization export standby credits.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
List monetary and non-cash credits in foreign and domestic area for foreign trade transactions on the basis of legislation provisions
Classify sources of finance in export in accordance with the date, export process and source of the finance
Compare other financing methods as in factoring, forfaiting, leasing by exemplifying them
List risks originated from exchange rate and precautions to be taken on the basis of current economic and political developments
Assess sectors prioritized in export by the state on the basis of currently applied policies.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading	Foreign Trade, Import, Export and Custom Concepts	Lecture & Question and Answer & Discussion
2	Reading	Foreign Currency Market	Lecture & Question and Answer & Discussion
3	Reading	Foreign Exchange Rate Policy	Lecture & Question and Answer & Discussion
4	Reading	Payment Methods in Foreign Trade	Lecture & Question and Answer & Discussion
5	Reading	Examples of Practices in Payment Methods in Foreign Trade	Lecture & Question and Answer & Discussion
6	Reading	Financing of Import and Export	Lecture & Question and Answer & Discussion
7	Reading	Difference Between Export Credits and Other Commercial Credits	Lecture & Question and Answer & Discussion
8	-	MID-TERM EXAM	-
9	Reading	Eximbank Credits	Lecture & Question and Answer & Discussion
10	Reading	Buyer's Credits	Lecture & Question and Answer & Discussion
11	Reading	Leasing Practices	Lecture & Question and Answer & Discussion
12	Reading	Operation of Factoring and Forfaiting	Lecture & Question and Answer & Discussion
13	Reading	Securitization	Lecture & Question and Answer & Discussion
14	Reading	Small and Medium Industry Development Organization Export Standby Credits	Lecture & Question and Answer & Discussion
15	Reading	General Revision	Lecture & Question and Answer & Discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Celalettin, C. (2014). Dis Ticaret ve Finansmani. Istanbul: Seckin Publications.
Tomanbay, M. (2014). Uluslararasi Ticaret ve Finansmani. Ankara: Gazi Bookstore.
Akguc, O. (2013). Dis Ticaret Finansmani. 2nd Edition, Istanbul: Avciol Press.
Kaya, F. (2013). Dis Ticaret ve Finansmani. 3rd Edition, Istanbul: Beta Press.
Luk, K. W. (2011). International Trade Finance : A Practical Guide. Hong Kong, Hong Kong: City University of Hong Kong Press.
Özdemir, Z. (2005). Dış Ticaret Finansman Tekniklerinden Faktoring ve Forfaiting İşlemleri, Kocaeli Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, ss. 194-224.

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.				3
2	Recognize the entries in the book and financial balance sheet of the business organization.		1
3	Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.						5

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.					4

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.		1
2	Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.					4

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.						5

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.					4

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.				3

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.				3
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.					4
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						5
4	Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.				3

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	4	52
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	12	1	12
Assignment (Homework)	1	5	5
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	2	2
Preparation for the Final Exam	5	7	35
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	5	6	30
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	52	0	179