FACULTY OF BUSINESS

Department of International Trade and Finance

ITF 311 | Course Introduction and Application Information

Course Name
Business Finance
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ITF 311
Fall
3
0
3
6

Prerequisites
None
Course Language
English
Course Type
Required
Course Level
First Cycle
Mode of Delivery Blended
Teaching Methods and Techniques of the Course Discussion
Problem Solving
Q&A
Lecture / Presentation
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives The primary objective is to provide students with the tools to understand and solve the basic financial problems confronting business today. Therefore, fundamentals of finance, financial statements and analysis, time value of money, risk and return concepts are tought to develop the theoretic background for students. The successful completion of this course should provide the student with the basic skills that should be used in analyzing alternative business investments.
Learning Outcomes The students who succeeded in this course;
  • will be able to prepare the financial tables and calculate financial ratios according to these tables.
  • will be able to explain that cash flow of the firm is affected by operating, investment and financial cash flows of the firm.
  • will be able to illustrate that cash budget includes cash inflows and outflows, previous year cash flows, and the minimum cash balance of the firm.
  • will be able to prepare proforma balance sheet and income statement.
  • will be able to calculate the time value of money at today and future.
  • will be calculate the interest rate, the effect of maturity over the bond and the return until maturity.
  • will be able to explain the concept of interest and bond valuation methods.
  • will be able to explain the fundamentals of finance and financing.
Course Description This course is the first course of a twocourse sequence dealing with business finance. Topics covered are: introduction to finance, finance environment and participants in this environment, what the business finance deals with, financial statements and analysis, cash budgeting, time value of money and risk and return. 

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Introduction & Academic Honesty / The Role of Managerial Finance and The Financial Market Environment Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 1-2
2 The Role of Managerial Finance and The Financial Market Environment Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 1-2
3 Financial Statements and Ratio Analysis Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 3
4 Financial Statements and Ratio Analysis (contd) Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 3
5 Financial Statements and Ratio Analysis (contd) Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 3
6 Cash Flow and Financial Planning Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 4
7 Cash Flow and Financial Planning (contd) Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 4
8 Time Value of Money Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 5
9 Midterm Exam
10 Time Value of Money (contd) Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 5
11 Time Value of Money (contd) Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 5
12 Interest Rates and Bond Valuation Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 6
13 Interest Rates and Bond Valuation (contd) Lawrence J. Gitman and Chad J. Zutter, Principles of Managerial Finance. 16th ed. Chapter 6
14 Final Exam Review -
15 Review of semester -
16 Final Exam -

 

Course Notes/Textbooks

Principles of Managerial Finance, by Lawrence J. Gitman and Chad J. Zutter (Prentice Hall – 16th Edition).

Suggested Readings/Materials

Business Week, Fortune, Forbes, Financial Times, Wall Street, JournalActive, Finans Aktüel, Para

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
3
15
Portfolio
Homework / Assignments
1
15
Presentation / Jury
Project
1
10
Seminar / Workshop
Oral Exams
Midterm
1
25
Final Exam
1
35
Total

Weighting of Semester Activities on the Final Grade
6
65
Weighting of End-of-Semester Activities on the Final Grade
1
35
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
16
3
48
Field Work
0
Quizzes / Studio Critiques
3
3
9
Portfolio
0
Homework / Assignments
4
3
12
Presentation / Jury
0
Project
1
5
5
Seminar / Workshop
0
Oral Exam
0
Midterms
1
25
25
Final Exam
1
30
30
    Total
177

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to identify and analyze problems in the field of trade and finance, and to develop solutions.

2 To be able to use the theoretical and practical knowledge gained in the field of International Trade and Finance. X
3 To be able to analyze the developments in global markets by using critical thinking skills.
4 To be able to analyze and interpret data in the field of finance, commerce and economics by using information technologies effectively. X
5 To be able to acquire knowledge about the legal regulations and practices in the field.
6 To be able to foresee and define the risks that could be encountered in the field of trade and finance and to take decisions to manage such risks. X
7 To be able to acquire and use verbal and numerical skills necessary for the nature of international trade and finance program. X
8 To be able to obtain, synthesize and report the information related to the fields of trade and finance.
9 To be able to contribute to the solution of problems as individual, team member or leader.
10

To be able to evaluate the issues related to the field with an ethical perspective and social sensitivity.

11 To be able to collect data in the areas of International Trade and Finance and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).
12 To be able to speak a second foreign at a medium level of fluency efficiently.
13 To be able to relate the knowledge accumulated throughout human history to their field of expertise.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 


SOCIAL MEDIA



NEWS |ALL NEWS

Izmir University of Economics
is an establishment of
izto logo
Izmir Chamber of Commerce Health and Education Foundation.
ieu logo

Sakarya Street No:156
35330 Balçova - İzmir / Turkey

kampus izmir

Follow Us

İEU © All rights reserved.