INTRODUCTION TO FINANCE PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
ITR207	INTRODUCTION TO FINANCE	3	3	3	6

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	Assoc.Prof. ONUR ÖZDEMİR
Instructor(s) of the Course Unit	Assoc.Prof. HÜSEYİN ÖCAL
Course Prerequisite	No

OBJECTIVES AND CONTENTS
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)
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
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
A.M. (2014). WardFinance : Theory and Practice. Dublin 2, Ireland: Chartered Accountants Ireland.
Tirole, J. (2011). The Theory of Corporate Finance. New Jersey, United States: Princeton University Press.
Joshi, M. S. (2008). Mathematics, Finance and Risk: The Concepts and Practice of Mathematical Finance. Cambridge, United Kingdom: Cambridge University Press.

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.				3

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.				3
2	Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.			2
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.					4
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.				3

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.				3

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.					4

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.				3
3	Design a healthy communication network for themselves in the business world by using social life skills.				3

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.				3
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					4
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	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