| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| ITR111 | PRINCIPLES OF FINANCE | 1 | 3 | 3 | 4 |
GENERAL INFORMATION |
|
|---|---|
| Language of Instruction : | English |
| 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 | |
| Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
|
|---|---|
| Objectives of the Course Unit: | The basic concepts of financial management, examination of financial systems and methods, and provision of up-to-date theoretical knowledge that is vitally important for businesses. |
| Contents of the Course Unit: | Learning basic financial management concepts, establishing a theoretical foundation for major securities such as bonds, stocks, and treasury, and providing students with knowledge about financial planning and auditing, fund sources and costs, capital structure, working capital management, investment in fixed assets, and financial markets, thereby developing students' ability to interpret and analyze these topics. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
|---|
| Defines the concepts and processes of finance, financing, and financial management. |
| Interprets financial statements, including balance sheets, income statements, and cash flow statements, using practical examples. Classifies financial resources, liquidity, and receivables according to their terms and sources. |
| They apply simple and compound interest and annuity calculations using the sample questions provided to them. |
| Relates the time value of money and market interest rate determinants by evaluating current economic developments. |
| Organizes financial management decisions under conditions of certainty and uncertainty, taking into account the company's liquidity, activity, and profitability ratios. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
|||
|---|---|---|---|
| Week | Preparatory | Topics(Subjects) | Method |
| 1 | - | Financial Management and Financial Manager | Presentation-Question & Answer |
| 2 | Reading | Types of Companies and Financial Decisions | Presentation-Question & Answer |
| 3 | Reading | Financial Markets and Instruments | Presentation-Question & Answer |
| 4 | Reading | Financial Markets and Instruments | Presentation-Question & Answer |
| 5 | Reading | Financial Institutions | Presentation-Question & Answer |
| 6 | Reading | Financial Institutions | Presentation-Question & Answer |
| 7 | Reading | Financial Planning and Auditing | Presentation-Question & Answer |
| 8 | Reading | Working Capital Management | Presentation-Question & Answer |
| 9 | Reading | Cash Management | Presentation-Question & Answer |
| 10 | - | MID-TERM EXAM | - |
| 11 | Reading | Accounts Receivable Management | Presentation-Question & Answer |
| 12 | Reading | Inventory Management | Presentation-Question & Answer |
| 13 | Reading | Short-Term Financing Sources | Presentation-Question & Answer |
| 14 | Reading | Medium- and Long-Term Financing Sources | Presentation-Question & Answer |
| 15 | Reading | Equity | Presentation-Question & Answer |
| 16 | - | FINAL EXAM | - |
| 17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
|---|
| Brealey, R. A., Myers, S. C. & Allen, F. (2020). Principles of Corporate Finance. McGraw-Hill Education. |
| Ross, S. A., Westerfield, R. W. & Jordan, B. D. (2019). Fundamentals of Corporate Finance. McGraw-Hill Education. |
| Berk, J. & DeMarzo, P. (2020). Corporate Finance. Pearson Education. |
| Investopedia. Finance Basics. https://www.investopedia.com |
ASSESSMENT |
||||
|---|---|---|---|---|
| Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description | Examination Method |
| Mid-Term Exam | 1 | 50 | Classical Exam | |
| Final Exam | 1 | 50 | Classical Exam | |
| TOTAL | 2 | 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.
|
2 | |||||
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.
|
1 | |||||
| 2 |
Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
|
1 | |||||
| 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.
|
3 | |||||
| 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.
|
1 | |||||
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.
|
1 | |||||
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.
|
3 | |||||
| 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.
|
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.
|
3 | |||||
| 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 | 14 | 1 | 14 |
| Land Surveying | 0 | 0 | 0 |
| Group Work | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Reading | 6 | 4 | 24 |
| 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 | 2 | 5 | 10 |
| Mid-Term Exam | 1 | 1 | 1 |
| Preparation for the Mid-Term Exam | 2 | 5 | 10 |
| Short Exam | 0 | 0 | 0 |
| Preparation for the Short Exam | 0 | 0 | 0 |
| TOTAL | 40 | 0 | 102 |
| Total Workload of the Course Unit | 102 | ||
| Workload (h) / 25.5 | 4 | ||
| ECTS Credits allocated for the Course Unit | 4,0 |