ITF 312 | Course Introduction and Application Information - Department of International Trade and Finance

Course Name

Financial Management

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
ITF 312	Spring	3	0	3	6

Prerequisites	None
Course Language	English
Course Type	Required
Course Level	First Cycle
Mode of Delivery	face to face
Teaching Methods and Techniques of the Course	Discussion Problem Solving Q&A Lecture / Presentation
National Occupation Classification	-
Course Coordinator	Prof. Dr. Gülin VARDAR
Course Lecturer(s)	Prof. Dr. Berna AYDOĞAN Prof. Dr. Gülin VARDAR
Assistant(s)	Araş. Gör. Birce TEDİK KOCAKAYA

Course Objectives	This course aims to further examine the primary concepts in corporate finance by equipping the students with analytical skills in applying the theory of corporate finance in corporate financial decisionmakings. The contents and application of the course are built up on the preceding semester’s topics including time value of money and risk and return. Thus, students are strongly encouraged to maintain and review their course notes and materials, which will be necessary to follow the contents of the second part of the course. The topics covered include bond valuation, stock valuation, cost of capital and capital structure
Learning Outcomes	The students who succeeded in this course; Explain the concepts of stock valuation and identify the determinants of a firm’s market value. Analyze the relationship between risk and expected return and apply this knowledge in portfolio and investment evaluation. Calculate and interpret a firm’s cost of capital and discuss its implications for financing and investment decisions. Apply capital budgeting techniques such as Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period to evaluate investment projects. Estimate relevant cash flows for capital budgeting and assess the impact of different project risks on investment appraisal.
Course Description	Among the topics covered in this course will be interest rate and bond valuation, stock valuation, investment valuation, capital budgeting, the cost of capital and leverage.
Related Sustainable Development Goals

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

Week	Subjects	Related Preparation
1	Introduction
2	Bond Valuation	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 6
3	Bond Valuation	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 6
4	Stock Valuation	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 7
5	Stock Valuation	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 7
6	Risk and Return	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 8
7	Risk and Return	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 8
8	Midterm Exam Review
9	Midterm
10	The Cost of Capital	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 9
11	The Cost of Capital	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 9
12	Capital Budgeting Techniques	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 10
13	Capital Budgeting Techniques	Principles of Managerial Finance, by Zutter, C. and Smart, S. (Prentice Hall – Fifteenth Edition):Chapter 10
14	Final Exam Review
15	Review of semester	-
16	Final Exam	-

Course Notes/Textbooks

Book sections mentioned above and Powerpoint notes

Zutter, C. and Smart, S., 2019. Principles of Managerial Finance. 15th ed. PEARSON. ISBN: 978-0134476315

Suggested Readings/Materials

Business Week - https://www.bloomberg.com/businessweek

Fortune - http://fortune.com/

Forbes - https://www.forbes.com/

Financial Times -https://www.ft.com/

Wall Street Journal - https://www.wsj.com/

Semester Activities	Number	Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques	3	15
Portfolio
Homework / Assignments	1	15
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm	1	30
Final Exam	1	40
Total

Weighting of Semester Activities on the Final Grade	5	60
Weighting of End-of-Semester Activities on the Final Grade	1	40
Total

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	14	3	42
Field Work			0
Quizzes / Studio Critiques	3	3	9
Portfolio			0
Homework / Assignments	1	15	15
Presentation / Jury			0
Project			0
Seminar / Workshop			0
Oral Exam			0
Midterms	1	28	28
Final Exam	1	32	32
		Total	174

#	Program Competencies/Outcomes	* Contribution Level
#	Program Competencies/Outcomes	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.	-	-	-	-	X
2	To be able to apply theoretical and practical knowledge of international trade and finance to real-world professional contexts.	-	-	-	-	X
3	To be able to critically analyze global market developments and evaluate their implications for business and policy.	-	-	-	-	-
4	To be able to collect, analyze, and interpret financial and economic data by using digital and information technologies effectively.	-	-	-	-	-
5	To be able to understand and interpret legal frameworks, regulations and practices relevant to international trade and finance.	-	-	-	-	-
6	To be able to anticipate, define, and manage financial and trade-related risks through informed decision-making.	-	-	X	-	-
7	To be able to acquire and use verbal, written, and numerical skills effectively for the nature of international trade and finance program.	-	-	-	X	-
8	To be able to obtain, synthesize, and report trade- and finance-related information clearly and effectively.	-	-	-	-	-
9	To be able to contribute effectively as individuals, team members, and leaders in multidisciplinary environments.	-	-	-	-	-
10	To be able to evaluate trade and finance issues from ethical, social, and sustainability perspectives.	-	-	-	-	-
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.	-	-	-	-	-