Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INTERNATIONAL TRADE FINANCE | - | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assoc.Prof. Yurdagül MERAL |
| Name of Lecturer(s) | Assoc.Prof. Yurdagül MERAL |
| Assistant(s) | |
| Aim | To explain the basic concepts about international trade finance specific methods, export and export credit agency and to give information about international trade finance, including eximbank, basic financing concepts, techniques and legislation. |
| Course Content | This course contains; Explains international trade finance specific types. ,Explains export and export credit agencies (including eximbank) role in export and international trade finance ,Sorts international trade finance instruments like draft/bill of exchange, aval, discount and insurance.,Sorts FX earning services characteristics and specific credit types for FX earning services,Defines FX earning service specific bridge financing loan for construction services.,Sorts Short Term Export Credit (Rediscount, pre-export, foreign trade, pre-shipment and insured export receivables credits) of eximbank.,Sorts Medium and Long-Term Export Credits of Eximbank (Exported oriented working capital, investment, specific export, lettter of guarantee, participation finance investment, trademark, export receivables discounting, ship-building finance and guarantee, leasing and international stores investment) credit programs,Sorts Buyer’s (Eximbank's) (International Project Loans, International Trade Finance through Domestic, Foreign and Sovereign Guarantee) Credits.,Buyer's Credit / Country Limits / Letter of Intent,Defines Export Credit Insurance/Short-Term Receivable Insurance,Defines Export Credit Insurance / Medium & Long-Term Export (Post-Shipment and Pre-Shipment) Credit Insurance,Defines Treasury/Forward/Swap,Defines Treasury/Options/Risk,Revision and Risks. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 2-Defines export credit agency (including eximbank). | 9 | A |
| 1. Defines importance of international trade and related international export credit agencies. | 9 | A |
| 1.1 Will be able to explain the effects of international trade on economy, society and global level | 9 | A |
| 1.2 Will be able to explain the contribution of international trade to economic growth and job opportunities. | 9 | A |
| 2.1 Will sort short, medium and long term loans. | 9 | A |
| 2.2 Will define export credit insurance -short, medium and long term-credit. | 9 | A |
| 3. Will be able to define International Trade Risks. | 9 | A |
| 3.1 Will be able to define international trade and Trade Map application. | 9 | A |
| 3.2 Will be able to explain what the operational risks are in export and import transactions. | 9 | A |
| 4. Will define buyer's credits. | 9 | A |
| 4.1 -Will explain treasury (forward, swap, options) transactions. | 9 | A |
| 4.2 Will be able to define Financial Documents (draft/bill of exchange, aval and discount). | 9 | A |
| 5. Will explain FX Earning services. | 9 | A |
| 5.1 Will have information about the definition and importance of export. | 9 | A |
| 5.2 Will be able to explain the impact of exports on foreign exchange earning services. | 9 | A |
| Teaching Methods: | 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Explains international trade finance specific types. | |
| 2 | Explains export and export credit agencies (including eximbank) role in export and international trade finance | |
| 3 | Sorts international trade finance instruments like draft/bill of exchange, aval, discount and insurance. | |
| 4 | Sorts FX earning services characteristics and specific credit types for FX earning services | |
| 5 | Defines FX earning service specific bridge financing loan for construction services. | |
| 6 | Sorts Short Term Export Credit (Rediscount, pre-export, foreign trade, pre-shipment and insured export receivables credits) of eximbank. | |
| 7 | Sorts Medium and Long-Term Export Credits of Eximbank (Exported oriented working capital, investment, specific export, lettter of guarantee, participation finance investment, trademark, export receivables discounting, ship-building finance and guarantee, leasing and international stores investment) credit programs | |
| 8 | Sorts Buyer’s (Eximbank's) (International Project Loans, International Trade Finance through Domestic, Foreign and Sovereign Guarantee) Credits. | |
| 9 | Buyer's Credit / Country Limits / Letter of Intent | |
| 10 | Defines Export Credit Insurance/Short-Term Receivable Insurance | |
| 11 | Defines Export Credit Insurance / Medium & Long-Term Export (Post-Shipment and Pre-Shipment) Credit Insurance | |
| 12 | Defines Treasury/Forward/Swap | |
| 13 | Defines Treasury/Options/Risk | |
| 14 | Revision and Risks |
| Resources |
| 1. The links given at http://mebis.medipol.edu.tr 2. Grath, A. (2014). Uluslararası Ticaret ve Finans El Kitabı. Risk yönetimi, ödemeler ve kur yönetimi, bonolar ve garantiler, kredi sigortası ve ticari finansman için kapsamlı bir referans. Nobel Akademik Yayıncılık Eğitim Danışmanlık Tic. Ltd. Şti. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Defines the theoretical issues in the field of International Trade and Finance (ITF). | ||||||
| 2 | Describes the necessary quantitative and statistical methods in the field of ITF. | ||||||
| 3 | Uses at least one computer program in the field of ITF. | ||||||
| 4 | Sustains proficiency in a foreign language required in ITF. | ||||||
| 5 | Prepares trade and finance projects and leads teams. | ||||||
| 6 | Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got. | ||||||
| 7 | Uses theoretical and practical expertise in the field of ITF. | ||||||
| 8 | Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills. | ||||||
| 9 | Adopts organizational / institutional and social ethical values. | ||||||
| 10 | Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary. | ||||||
| 11 | Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies. | ||||||
| 12 | Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 14 | 3 | 42 | |||
| Guided Problem Solving | 14 | 3 | 42 | |||
| Resolution of Homework Problems and Submission as a Report | 0 | 0 | 0 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 18 | 1 | 18 | |||
| General Exam | 33 | 1 | 33 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 135 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(135/30) | 5 | |||||
| ECTS of the course: 30 hours of work is counted as 1 ECTS credit. | ||||||
Detail Informations of the Course
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INTERNATIONAL TRADE FINANCE | - | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assoc.Prof. Yurdagül MERAL |
| Name of Lecturer(s) | Assoc.Prof. Yurdagül MERAL |
| Assistant(s) | |
| Aim | To explain the basic concepts about international trade finance specific methods, export and export credit agency and to give information about international trade finance, including eximbank, basic financing concepts, techniques and legislation. |
| Course Content | This course contains; Explains international trade finance specific types. ,Explains export and export credit agencies (including eximbank) role in export and international trade finance ,Sorts international trade finance instruments like draft/bill of exchange, aval, discount and insurance.,Sorts FX earning services characteristics and specific credit types for FX earning services,Defines FX earning service specific bridge financing loan for construction services.,Sorts Short Term Export Credit (Rediscount, pre-export, foreign trade, pre-shipment and insured export receivables credits) of eximbank.,Sorts Medium and Long-Term Export Credits of Eximbank (Exported oriented working capital, investment, specific export, lettter of guarantee, participation finance investment, trademark, export receivables discounting, ship-building finance and guarantee, leasing and international stores investment) credit programs,Sorts Buyer’s (Eximbank's) (International Project Loans, International Trade Finance through Domestic, Foreign and Sovereign Guarantee) Credits.,Buyer's Credit / Country Limits / Letter of Intent,Defines Export Credit Insurance/Short-Term Receivable Insurance,Defines Export Credit Insurance / Medium & Long-Term Export (Post-Shipment and Pre-Shipment) Credit Insurance,Defines Treasury/Forward/Swap,Defines Treasury/Options/Risk,Revision and Risks. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 2-Defines export credit agency (including eximbank). | 9 | A |
| 1. Defines importance of international trade and related international export credit agencies. | 9 | A |
| 1.1 Will be able to explain the effects of international trade on economy, society and global level | 9 | A |
| 1.2 Will be able to explain the contribution of international trade to economic growth and job opportunities. | 9 | A |
| 2.1 Will sort short, medium and long term loans. | 9 | A |
| 2.2 Will define export credit insurance -short, medium and long term-credit. | 9 | A |
| 3. Will be able to define International Trade Risks. | 9 | A |
| 3.1 Will be able to define international trade and Trade Map application. | 9 | A |
| 3.2 Will be able to explain what the operational risks are in export and import transactions. | 9 | A |
| 4. Will define buyer's credits. | 9 | A |
| 4.1 -Will explain treasury (forward, swap, options) transactions. | 9 | A |
| 4.2 Will be able to define Financial Documents (draft/bill of exchange, aval and discount). | 9 | A |
| 5. Will explain FX Earning services. | 9 | A |
| 5.1 Will have information about the definition and importance of export. | 9 | A |
| 5.2 Will be able to explain the impact of exports on foreign exchange earning services. | 9 | A |
| Teaching Methods: | 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Explains international trade finance specific types. | |
| 2 | Explains export and export credit agencies (including eximbank) role in export and international trade finance | |
| 3 | Sorts international trade finance instruments like draft/bill of exchange, aval, discount and insurance. | |
| 4 | Sorts FX earning services characteristics and specific credit types for FX earning services | |
| 5 | Defines FX earning service specific bridge financing loan for construction services. | |
| 6 | Sorts Short Term Export Credit (Rediscount, pre-export, foreign trade, pre-shipment and insured export receivables credits) of eximbank. | |
| 7 | Sorts Medium and Long-Term Export Credits of Eximbank (Exported oriented working capital, investment, specific export, lettter of guarantee, participation finance investment, trademark, export receivables discounting, ship-building finance and guarantee, leasing and international stores investment) credit programs | |
| 8 | Sorts Buyer’s (Eximbank's) (International Project Loans, International Trade Finance through Domestic, Foreign and Sovereign Guarantee) Credits. | |
| 9 | Buyer's Credit / Country Limits / Letter of Intent | |
| 10 | Defines Export Credit Insurance/Short-Term Receivable Insurance | |
| 11 | Defines Export Credit Insurance / Medium & Long-Term Export (Post-Shipment and Pre-Shipment) Credit Insurance | |
| 12 | Defines Treasury/Forward/Swap | |
| 13 | Defines Treasury/Options/Risk | |
| 14 | Revision and Risks |
| Resources |
| 1. The links given at http://mebis.medipol.edu.tr 2. Grath, A. (2014). Uluslararası Ticaret ve Finans El Kitabı. Risk yönetimi, ödemeler ve kur yönetimi, bonolar ve garantiler, kredi sigortası ve ticari finansman için kapsamlı bir referans. Nobel Akademik Yayıncılık Eğitim Danışmanlık Tic. Ltd. Şti. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Defines the theoretical issues in the field of International Trade and Finance (ITF). | ||||||
| 2 | Describes the necessary quantitative and statistical methods in the field of ITF. | ||||||
| 3 | Uses at least one computer program in the field of ITF. | ||||||
| 4 | Sustains proficiency in a foreign language required in ITF. | ||||||
| 5 | Prepares trade and finance projects and leads teams. | ||||||
| 6 | Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got. | ||||||
| 7 | Uses theoretical and practical expertise in the field of ITF. | ||||||
| 8 | Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills. | ||||||
| 9 | Adopts organizational / institutional and social ethical values. | ||||||
| 10 | Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary. | ||||||
| 11 | Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies. | ||||||
| 12 | Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |