Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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UTY216 | FOREIGN TRADE FINANCING | 4 | 3 | 3 | 6 |
GENERAL INFORMATION |
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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 | |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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Objectives of the Course Unit: | This course aims to provide the students with a general knowledge of foreign trade and to teach import and export financing methods. |
Contents of the Course Unit: | Contents of the course include the subjects as in the characteristics of foreign trade financing, factors that increase the risk in foreign trade financing; documentary credits, letter of credit, acceptance credits, endorsement loan, pre-financing, the financing aspects of the advance on goods or against documents, alternative financing techniques; factoring, forfeiting, leasing, financing of exports; pre-shipment financing, post-shipment financing, export guaranteed investment, currency risk reduction methods; forward transactions, financial future contracts, option contracts, agreements of ceiling-maximum rate, lower limit and floor, currency swaps. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Analyze the balance of payments. |
Analyze the practices of subsidies in export in Turkey. |
Compare the practices of some international organizations in foreign trade transactions. |
Describe basic finance terms. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | Presentation Analysis, Literature Review | Introduction to Foreign Trade and Concepts | Lecture Discussion |
2 | Presentation Analysis, Literature Review | Balance of Payments | Lecture Discussion |
3 | Presentation Analysis, Literature Review | Import, export, current account deficit, foreign trade deficit | Lecture Discussion |
4 | Presentation Analysis, Literature Review | Compensation of the balance of Payments | Lecture Discussion |
5 | Presentation Analysis, Literature Review | Central Bank in financing of exports and commercial bank loans | Lecture Discussion |
6 | Presentation Analysis, Literature Review | Central Bank in financing of exports and commercial bank loans | Lecture Discussion |
7 | Presentation Analysis, Literature Review | Eximbank Loans | Lecture Discussion |
8 | - | MID-TERM EXAM | - |
9 | Presentation Analysis, Literature Review | Import Financing | Lecture Discussion |
10 | Literature Review, Reading the related subject in the coursebook | International organizations in foreign trade financing | Lecture Discussion |
11 | Literature Review, Reading the related subject in the coursebook | Leasing in foreign trade, factoring, forfaiting and hedging | Lecture Discussion |
12 | Literature Review, Reading the related subject in the coursebook | Financial Instruments in Foreign Trade Promotion | Lecture Discussion |
13 | Literature Review, Reading the related subject in the coursebook | Government supports for export in Turkey | Lecture Discussion |
14 | Literature Review, Reading the related subject in the coursebook | Government supports for export in Turkey | Lecture Discussion |
15 | Literature Review, Reading the related subject in the coursebook | General Revision | Lecture Discussion |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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Akguc, O. (2013). Dis Ticaret Finansmani, Avciol Publications. Istanbul. |
Baker, J.C., (2003). Financing International Trade, Greenwood Publishing Group. ABD |
Dis Ticaretin Finansmani Ve Tesviki: T.C. Anadolu University Publications No: 2514, Acikogretim Fakultesi Publications No: 1485. |
ASSESSMENT |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students interpret the basic concepts, theories and approaches of international trade and logistics.
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5 | |||||
2 |
Students explain current information about the field with economics and business theories.
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4 |
KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students analyze economic and financial data related to their field.
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5 | |||||
2 |
Students relate the information and facts in the field with other social sciences such as sociology, political science and philosophy.
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3 |
SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students prepare the technical infrastructure and content of international trade transactions.
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4 | |||||
2 |
Students use the theoretical knowledge in his/her field to determine new strategies.
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4 |
SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students carry out the import and export transactions by applying the customs legislation and foreign exchange legislation.
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5 | |||||
2 |
Students use the theoretical and practical knowledge in the field for academic and professional career.
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5 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students develop strategies to reach the sales and marketing targets.
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4 | |||||
2 |
Students carry out the correspondence on orders, transportation and payment with the foreign customers.
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3 |
OCCUPATIONAL |
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Learning to Learn |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students organize participations in national and international fairs in the field.
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1 | |||||
2 |
Students prepare the documentation used in import and export transactions.
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4 | |||||
3 |
Students consider life-long learning as a principle and search on developments, changes and innovations in the field.
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5 |
OCCUPATIONAL |
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Communication & Social |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students manage all phases from finding the customers until delivery of orders.
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3 | |||||
2 |
Students cooperate with stakeholders in order to generate new ideas.
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2 |
OCCUPATIONAL |
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Occupational and/or Vocational |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Students implement knowledge and skills related to his / her field by taking into account his / her legal, social and ethical responsibilities.
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3 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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Type of the Learning Activites | Learning Activities (# of week) | Duration (hours, h) | Workload (h) |
Lecture & In-Class Activities | 14 | 3 | 42 |
Preliminary & Further Study | 12 | 3 | 36 |
Land Surveying | 0 | 0 | 0 |
Group Work | 0 | 0 | 0 |
Laboratory | 0 | 0 | 0 |
Reading | 7 | 2 | 14 |
Assignment (Homework) | 5 | 3 | 15 |
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 | 4 | 10 | 40 |
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 | 46 | 0 | 159 |
Total Workload of the Course Unit | 159 | ||
Workload (h) / 25.5 | 6,2 | ||
ECTS Credits allocated for the Course Unit | 6,0 |