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FINANCIAL MATHEMATICS PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BUS209 FINANCIAL MATHEMATICS 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 Assist.Prof. ÇAĞLA TUĞBERK ARIKER
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 identify the mathematical foundations of financial structures in money markets, to apply mathematical transactions made in banking and insurance fields, to solve the mathematical problems on finance.
Contents of the Course Unit: Subjects such as financial management and finance sector, finance mathematics, time value of money, projected financial statements, financial planning, cash and similar assets management, break even and leverage analysis, interest concepts, simple interest, compound interest and their applications, simple discount, compound discount, annuities, bond evaluation, risk return calculations, derivatives markets and products, vertical, horizontal and trend analysis, stock and receivable management, working capital will be studied.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Define the basic concepts of finance field. (Define) (1)
Solve the basic mathematical problems on finance. (Solve) (3)
Solve the basic problems on time value of money. (Solve) (3)
Solve the basic problems on bond valuation. (Solve)(3)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Preparing presentation by getting help from the relevant chapter in the resource Basic concepts of financial management Lecture
2 Preparing presentation by getting help from the relevant Basic concepts of financial management Lecture
3 Preparing presentation by getting help from the relevant Time value of interest and money Lecture and Case Study Analysis
4 Preparing presentation by getting help from the relevant Time value of interest and money Lecture and Case Study Analysis
5 Preparing presentation by getting help from the relevant Simple interest and simple discount Lecture and Case Study Analysis
6 Preparing presentation by getting help from the relevant Simple interest and simple discount Lecture and Case Study Analysis
7 Preparing presentation by getting help from the relevant Compound interest and compound discount Lecture and Case Study Analysis
8 - MID-TERM EXAM -
9 Preparing presentation by getting help from the relevant Compound interest and compound discount Lecture and Case Study Analysis
10 Preparing presentation by getting help from the relevant and case study Annuities Lecture and Case Study Analysis
11 Preparing presentation by getting help from the relevant and case study Annuities Lecture and Case Study Analysis
12 Preparing presentation by getting help from the relevant and case study Stock certificate and bond valuation Lecture and Case Study Analysis
13 Preparing presentation by getting help from the relevant and case study Stock certificate and bond valuation Lecture and Case Study Analysis
14 Preparing presentation by getting help from the relevant and case study Investment decisions and capital budget Lecture and Case Study Analysis
15 Preparing presentation by getting help from the relevant and case study Investment decisions and capital budget Lecture and Case Study Analysis
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Aydin, N. (2009). financial mathematics . Detay Publications.
Sucu, M. (2015). financial mathematics , Nobel Publications, 2nd Edition
Roberts, A. J. (2009). Elementary calculus of financial mathematics (Vol. 15). SIAM.

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Define the theories, concepts and principles of the basic and sub-fields of business.
5
2
Explain business functions and processes based on current scientific sources.
4

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate internationally valid business cases with the theories and concepts of other social sciences.
3

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.
5

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Use the theoretical and factual knowledge in business for occupational practices.
4
2
Solve individual and organizational problems in business life.
4
3
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
4

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Plan research and work using knowledge and skills gained in the field of business.
2
2
Organize the activities for organizational goals and purposes independently.
2

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Criticize advanced knowledge and skills in the field with a critical approach.
3
2
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
3

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
2
2
Use the information and communication technology software and equipment required for business.
4

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.
2
2
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
1

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 3 42
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 14 1 14
Assignment (Homework) 14 2 28
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 1 10 10
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 1 10 10
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 60 0 148
Total Workload of the Course Unit 148
Workload (h) / 25.5 5,8
ECTS Credits allocated for the Course Unit 6,0