FACULTY OF BUSINESS
Department of International Trade and Finance
ITF 412 | Course Introduction and Application Information
Course Name |
Financing International Trade and Project
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
ITF 412
|
Fall/Spring
|
3
|
0
|
3
|
6
|
Prerequisites |
None
|
|||||
Course Language |
English
|
|||||
Course Type |
Elective
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|||||
Course Level |
First Cycle
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Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | Q&ALecture / Presentation | |||||
Course Coordinator | ||||||
Course Lecturer(s) | ||||||
Assistant(s) |
Course Objectives | The purpose of the course is to highlight some of the important trade matters affecting the international trade. This course seeks to provide students with a relatively strong foundation regarding international trade and project finance. |
Learning Outcomes |
The students who succeeded in this course;
|
Course Description | It also includes project financing techniques and their applications. The course will help those seeking entrance into this most interesting field of finance by exploring problems that they may face in dealing in international trade and finance transactions on a daily basis. The course will be dealing with these subjects in the context of emerging markets rather than in the context of developed markets |
|
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. Overview of trade financing; What is trade financing? And the real problems in trade financing. | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
2 | International Trade - Export-Import / Absolute Advantage & Comparative Advantage | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
3 | International Trade - Open Economy/ Invisible trade/ Protectionism | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
4 | International Trade - Exchange Rate / Documents / Clean Payments | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
5 | International Trade - Documentary Collection / Letters of Credit | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
6 | Pre-shipment finance | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
7 | Post-shipment finance | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
8 | Midterm Exam | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
9 | Forfaiting and factoring | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
10 | Transport risk, contract credit risk | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
11 | Country political risk, currency risk | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
12 | Development Banks - Eximbanks - Escrow Account | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
13 | Project Financing | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
14 | Transportation Documents | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
15 | Review of the semester | Robert C. Feenstra, “Advanced International Trade: Theory and Evidence”, Princeton, N.J.: Princeton University Press, 2nd Edition, 2016 John McLaren, “International Trade”, Hoboken, NJ: Wiley, 1st Edition, 2013 Rob Feenstra and Alan Taylor, “International Trade”, New York, NY: Worth Publishers, 3rd Edition, 2014 |
16 | Final Exam |
Course Notes/Textbooks | Feenstra, R., 2016. Advanced International Trade. 2nd ed. Princeton, N.J.: Princeton University Press. ISBN: 9780691161648 McLaren, J., 2013. International Trade. 1st ed. Hoboken, NJ: Wiley. ISBN: 0470408790 Feenstra, R. and Taylor, A., 2014. International Trade. 3rd ed. New York, NY: Worth Publishers. ISBN: 1429278447
|
Suggested Readings/Materials | Financial Times, Wall Street Journal, Dünya Gazetesi and Ticaret Gazetesi Howard Palmer, “ International Trade and Preexport Finance: A practitioner’s Guide”, Euromoney Publication,Second Edition, 1999. ISBN 10: 1855646730 Michael Rowe, “Trade and Project Finance in Emerging Markets” Euromoney Publication, 1999. ISBN:1855643871 Richard E.Caves; Jeffrey A.Frankel, Ronald W.Jones; “World Trade and Payments:An Introduction” Tenth Edition, Pearson International Edition, 2007. ISBN:0321226607 Türkiye İş Bankası; İthalat İhracat Teknik Konuları Rehberi, 2002 ISBN:9786053325611 |
EVALUATION SYSTEM
Semester Activities | Number | Weigthing |
Participation |
1
|
10
|
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments |
2
|
20
|
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exams | ||
Midterm |
1
|
30
|
Final Exam |
1
|
40
|
Total |
Weighting of Semester Activities on the Final Grade |
3
|
60
|
Weighting of End-of-Semester Activities on the Final Grade |
1
|
40
|
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 |
14
|
2
|
28
|
Field Work |
0
|
||
Quizzes / Studio Critiques |
0
|
||
Portfolio |
0
|
||
Homework / Assignments |
2
|
15
|
30
|
Presentation / Jury |
0
|
||
Project |
0
|
||
Seminar / Workshop |
0
|
||
Oral Exam |
0
|
||
Midterms |
1
|
30
|
30
|
Final Exam |
1
|
40
|
40
|
Total |
176
|
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. |
X | ||||
2 | To be able to use the theoretical and practical knowledge gained in the field of International Trade and Finance. | |||||
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. | |||||
5 | To be able to acquire knowledge about the legal regulations and practices in the field. | X | ||||
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. | |||||
8 | To be able to obtain, synthesize and report the information related to the fields of trade and finance. | X | ||||
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
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