|
|
| ISL 409 | Corporate Finance | 3+0+0 | ECTS:6 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | -- | | Co-Lecturer | PROF. DR. PROF. DR. Mustafa EMİR, | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The aim of this course is to analyze the business finance methods and techniques. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | define investment and financial policies of business | 1,2,3,4,5,6,7 | 1 | | LO - 2 : | explain evaluation methods of investment project | 1,2,3,4,5,6,7 | 1 | | LO - 3 : | demonstrate most favourable investment and financial policies of firms | 1,2,3,4,5,6,7 | 1 | | LO - 4 : | plan optimal financial structure for business | 1,2,3,4,5,6,7 | 1 | | LO - 5 : | review long-term investment and financial policies selecting if required | 1,2,3,4,5,6,7 | 1 | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| Finance, financing, finance policy, financial system, function of financial system, Turkish financial system, financial markets, money markets, capital markets, institutions, tools and methods of money tickets markets, institutions, tools and methods of money markets, institutions, tools and methods of capital markets, financial structure and areas in business, debiting, capital stock, auto-financing, supplier credits, bank credits, financial bills, assets backed security, bonds, capital, common stocks, kinds of common stocks, open and closed auto-financing, financial leasing, forfaiting, franchising and new financial techniques |
| |
| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Business investment decisions, investment decisions, and general description and basic concepts. Motivations of business investment, investment in various aspects of separation and investment decisions being taken which are necessary for the data.
| | | Week 2 | Evaluation of investment projects. Not take into consideration the time value of money ways: A simple method of profit rate, the average profit rate and repayment period method. Methods of evaluation. | | | Week 3 | Business investment decisions, investment decisions, and general description and basic concepts. Motivations of business investment, investment in various aspects of separation and investment decisions being taken which are necessary for the data. | | | Week 4 | Internal profitability (efficiency) ratio method, internal rate of profitability, net present value method and rate method in the profitability of evaluation. | | | Week 5 | Economic evaluation of life with different yaırım project. Common approach to life, and eternal life-year approach equal anuiye approach. Analysis of investment projests in the inflationary environment. The Effect of inflation on investment projects. | | | Week 6 | Risky investment projects evaluation methods to determine the overall risk concepts. Sensitivity analysis to measure the risk. Break-even point analysis, the safety margin, operating leverage, financial leverage and total leverage. | | | Week 7 | Sensitivity analysis to measure risk: Reduced cash flows method. Probability analysis to measure risk: Risk adjusted discount rate method, specificity equality approach. | | | Week 8 | Expected net present value method, net cash inflows expected methods and decision-tree method. | | | Week 9 | Mid-term exam. | | | Week 10 | Financial analysis. Financial statements. Balance sheet, income statement, profit distribution table, a table of changes in net working capital, changes in equity statement, cash flow statement and funds flow statement. | | | Week 11 | Basic approaches in the analysis of financial statements. Comparative analysis, trend analysis and vertical analysis. | | | Week 12 | Ratio analysis: liquidity ratios, financial ratios related to structure, activity ratios, profitability ratios and exchange rates are used to evaluate the performance. | | | Week 13 | Funds flow analysis, funding sources and uses of funds. Regulation of flow of funds table. | | | Week 14 | Financial planning. Pro forma balance sheet: the percentage of sales according to the method and rates through regulation of the pro forma balance sheet. Regulation of the cash budget. | | | Week 15 | Short-term financing sources: commercial loans, bank loans, bond financing, asset-based securities, factoring. Capital costs: costs and foreign sources of equity capital costs. The average cost of capital and marginal cost of capital. | | | Week 16 | End-of-term exam | | | |
| 1 | Emir,M. 2008,Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi, Derya Kitabevi, Trabzon. | | | 2 | Bolak, M. 2005, İşletme Finansmanı, Birsen Yayınevi, İstanbul. | | | |
| 1 | Dağlı,H. 1999, Finansal Yönetim, Derya Kitabevi, 1Trabzon. | | | 2 | BREALEY,Richard A.,Stewart C.M. ve Alan J.M. 1997, İşletme Finansmanın Temelleri, Çeviren: Ünal Bozkurt ve diğerleri, Literatür Yayıncılık, İstanbul. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 11/2016 | 1,5 | 50 | | End-of-term exam | 16 | 1/2017 | 1,5 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 3 | 14 | 42 | | Arasınav için hazırlık | 40 | 1 | 40 | | Arasınav | 1.5 | 1 | 1.5 | | Ödev | 3 | 1 | 3 | | Dönem sonu sınavı için hazırlık | 50 | 1 | 50 | | Dönem sonu sınavı | 1.5 | 1 | 1.5 | | Total work load | | | 180 |
|