| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| UTY216 | FOREIGN TRADE FINANCING | 4 | 3 | 3 | 6 |
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 | |
| Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
|
|---|---|
| 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) |
|---|
| 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 |
|||
|---|---|---|---|
| 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 | Presentation Analysis, Literature Review | Import Financing | Lecture Discussion |
| 9 | Literature Review, Reading the related subject in the coursebook | International organizations in foreign trade financing | Lecture Discussion |
| 10 | - | MID-TERM EXAM | - |
| 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 |
|---|
| 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 |
||||
|---|---|---|---|---|
| Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description | Examination Method |
| Level of Contribution | |||||
|---|---|---|---|---|---|
| 0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
|||||||
|---|---|---|---|---|---|---|---|
Theoretical |
|||||||
| 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.
|
5 | |||||
| 2 |
Students explain current information about the field with economics and business theories.
|
4 | |||||
KNOWLEDGE |
|||||||
|---|---|---|---|---|---|---|---|
Factual |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Students analyze economic and financial data related to their field.
|
5 | |||||
| 2 |
Students relate the information and facts in the field with other social sciences such as sociology, political science and philosophy.
|
3 | |||||
SKILLS |
|||||||
|---|---|---|---|---|---|---|---|
Cognitive |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Students prepare the technical infrastructure and content of international trade transactions.
|
4 | |||||
| 2 |
Students use the theoretical knowledge in his/her field to determine new strategies.
|
4 | |||||
SKILLS |
|||||||
|---|---|---|---|---|---|---|---|
Practical |
|||||||
| 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.
|
5 | |||||
| 2 |
Students use the theoretical and practical knowledge in the field for academic and professional career.
|
5 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Autonomy & Responsibility |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Students develop strategies to reach the sales and marketing targets.
|
4 | |||||
| 2 |
Students carry out the correspondence on orders, transportation and payment with the foreign customers.
|
3 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Learning to Learn |
|||||||
| Programme Learning Outcomes | Level of Contribution | ||||||
| 0 | 1 | 2 | 3 | 4 | 5 | ||
| 1 |
Students organize participations in national and international fairs in the field.
|
1 | |||||
| 2 |
Students prepare the documentation used in import and export transactions.
|
4 | |||||
| 3 |
Students consider life-long learning as a principle and search on developments, changes and innovations in the field.
|
5 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Communication & Social |
|||||||
| 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.
|
3 | |||||
| 2 |
Students cooperate with stakeholders in order to generate new ideas.
|
2 | |||||
OCCUPATIONAL |
|||||||
|---|---|---|---|---|---|---|---|
Occupational and/or Vocational |
|||||||
| 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.
|
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 | 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 |