FINANCIAL ANALYSIS IN INTERNATIONAL TRADE PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UTI329	FINANCIAL ANALYSIS IN INTERNATIONAL TRADE	5	3	3	8

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	, TYY: + , EQF-LLL: , QF-EHEA:
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit
Instructor(s) of the Course Unit	Assoc.Prof. SERKAN DEMİREL
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	The aim of this course is to enable students to acquire the ability to perform financial analysis in international trade. Students will be provided with theoretical knowledge about financial analysis methods used in foreign trade, international financial reporting standards, exchange rate risks, and financial performance measurement techniques.
Contents of the Course Unit:	The financial dimension of international trade, the concept of financial analysis and basic techniques, analysis of financial statements according to international standards (IFRS), ratio analysis, trend analysis, and cash flow analysis, Foreign exchange risk and management, International payment methods (letters of credit, papers, etc.), Country risk, exchange rate risk, and transfer risk analysis, financial analysis of export and import transactions, international credit assessment, effects of global financial crises on trade

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Analyzes the financial dimension of international trade transactions. (Bloom 4)
Evaluates financial statements within the framework of International Financial Reporting Standards (IFRS). (Bloom 4)
Applies ratio analysis, trend analysis, and cash flow analysis to export and import operations. (Bloom 3)
Compares exchange rate risk, country risk, and transfer risk in financial decision-making. (Bloom 4)
Evaluates the financial impact of international payment methods on firm performance. (Bloom 4)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading	Concepts of international trade and financial analysis	Presentation & Q&A
2	Reading	International financial reporting and basic analysis instruments	Presentation & Q&A
3	Reading	Ratio analysis and trend analysis	Presentation & Q&A
4	Reading	Cash flow analysis and interpretation	Presentation & Q&A
5	Reading	Exchange rate systems and exchange rate risk management	Presentation & Q&A
6	Reading	International payment methods	Presentation & Q&A
7	Reading	Export-import financing and types of credit	Presentation & Q&A
8	Reading	Country risk, political risk, and assessment methods	Presentation & Q&A
9	Reading	Financial analysis of international investment projects	Presentation & Q&A
10	-	MID-TERM EXAM	-
11	Reading	Financial analysis of international investment projects	Presentation & Q&A
12	Reading	Balance sheet analysis of multinational companie	Presentation & Q&A
13	Reading	Balance sheet analysis of multinational companies	Presentation & Q&A
14	Reading	Transfer pricing and tax implications	Presentation & Q&A
15	Reading	The impact of financial crises on international trade	Presentation & Q&A
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Brealey, R. A., Myers, S. C., & Marcus, A. J. (2017). Fundamentals of corporate finance (8th ed.). McGraw-Hill Education.
Ross, S. A., Westerfield, R. W., & Jaffe, J. (2019). Corporate finance (12th ed.). McGraw-Hill Education.
Penman, S. H. (2016). Financial statement analysis and security valuation (5th ed.). McGraw-Hill Education.

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description	Examination Method
Mid-Term Exam	1	40		Classical Exam
Homework Assessment	1	10
Final Exam	1	50		Classical Exam
TOTAL	3	100

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.						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.				3
2	Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.						5
3	Solve financial and legal problems confronted in international trade practices.						5

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.			2
2	Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.				3

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.						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.		1
2	Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.						5
3	Design a healthy communication network for themselves in the business world by using social life skills.						5

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.						5
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.			2

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	14	4	56
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	12	4	48
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	54	0	203