Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| ECONOMIC EVALUATION TECHNIQUES | - | Spring Semester | 3+0 | 3 | 8 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Second Cycle (Master's Degree) |
| Course Type | Elective |
| Course Coordinator | Prof.Dr. Hasan DİNÇER |
| Name of Lecturer(s) | Prof.Dr. Hasan DİNÇER |
| Assistant(s) | |
| Aim | The aim of the course is to enable students to master the basic concepts of firm valuation. |
| Course Content | This course contains; Introduction to Valuation,Introduction to Valuation 2,Value Concept and Company Valuation,Main Factors Affecting Company Value,Valuation (Revenue) Approach with Reduced Cash Flows,Relative Valuation (Market) Approach,Accounting Based Valuation (Cost) Approach,Conditional Valuation (Option) Valuation Approach,Alternative Company Valuation Methods,Comprehensive Company Valuation Practices,Readings on Strategic Finance,Readings on Strategic Finance 2,Readings on Company Valuation,Readings on Company Valuation 2. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Explains valuation concept. | 10, 16, 9 | A |
| 1.1. Explains the basic headings of the concept of valuation. | 10, 16, 9 | A |
| 1.2. Understands the points of view of value. | 10, 16, 9 | A |
| 2. Explains valuation methods | 10, 16, 9 | A |
| 2.1. Explains basic types of financial valuation. | 10, 16, 9 | A |
| 2.2. Explain the difference between types of financial valuation. | 10, 16, 9 | A |
| 3. Makes economic evaluation and technological evaluation in the financial sector. | 10, 16, 9 | A |
| 3.1. Conducts economic evaluation in financial sector services. | 10, 16, 9 | A |
| 3.2. Conducts technological evaluation in the financial sector. | 10, 16, 9 | A |
| 4. Explains economic evaluation cost effectiveness, cost benefit, cost minimization and cost utility methods. | 10, 16, 9 | A |
| 4.1. Economic evaluation learns cost effectiveness, cost benefit and cost minimization. | 10, 16, 9 | A |
| 4.2. Explains cost minimization and cost utilization methods in economic evaluation. | 10, 16, 9 | A |
| 5. Explains the functioning of the economic evaluation process. | 10, 16, 9 | A |
| 5.1. Explains risk analysis in economic evaluation. | 10, 16, 9 | A |
| 5.2. Explains to make decisions from economic evaluation. | 10, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Valuation | Examination of academic studies on the subject. |
| 2 | Introduction to Valuation 2 | Examination of academic studies on the subject. |
| 3 | Value Concept and Company Valuation | Examination of academic studies on the subject. |
| 4 | Main Factors Affecting Company Value | Examination of academic studies on the subject. |
| 5 | Valuation (Revenue) Approach with Reduced Cash Flows | Examination of academic studies on the subject. |
| 6 | Relative Valuation (Market) Approach | Examination of academic studies on the subject. |
| 7 | Accounting Based Valuation (Cost) Approach | Examination of academic studies on the subject. |
| 8 | Conditional Valuation (Option) Valuation Approach | Examination of academic studies on the subject. |
| 9 | Alternative Company Valuation Methods | Examination of academic studies on the subject. |
| 10 | Comprehensive Company Valuation Practices | Examination of academic studies on the subject. |
| 11 | Readings on Strategic Finance | Examination of academic studies on the subject. |
| 12 | Readings on Strategic Finance 2 | Examination of academic studies on the subject. |
| 13 | Readings on Company Valuation | Examination of academic studies on the subject. |
| 14 | Readings on Company Valuation 2 | Examination of academic studies on the subject. |
| Resources |
| Course notes, Şirket Değerleme Yaklaşımları, Barış Sipahi, Serhat Yanık, Yusuf Aytürk, Seçkin Yayınevi, 2016 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | 1. Improves upon and deepens the knowledge she/he gained at the health management undergraduate program to the level of an expert in the field. | ||||||
| 2 | 2. Comprehends and explains the interaction between health management and related disciplines. | ||||||
| 3 | 3. Has the ability to make use of and communicate with staff the theoretical and applied knowledge he/she gained in the field of health management. | ||||||
| 4 | 4. Analyzes, interprets and evaluates events by integrating theoretical and applied knowledge of health management with knowledge from other related disciplines. | ||||||
| 5 | 5. Analyzes problematic areas in the field of health management with scientific research methods and develops solutions. | ||||||
| 6 | 6. Independently carries out a project and makes decisions related to it when necessary. | ||||||
| 7 | 7. Takes part in identifying mission, vision, aims and goals as part of strategic planning of the institution for which he/she works. | ||||||
| 8 | 8. Provides new strategic solutions in complicated situations not foreseen in the field of health management. | ||||||
| 9 | 9. Since she/he internalized the principle of lifelong learning, she/he critically evaluates whether or not the information she/he gained in the field of health management is current, directs his/her learning and independently conducts advanced level studies. | ||||||
| 10 | 10. Shares his/her thoughts and suggestions about current developments in health management with the inner and outside stakeholders of the instituions she/he Works for verbally and in writing. | ||||||
| 11 | 11. Communicates verbally and in writing in a foreign language at least at the European Language Portfolio B2 General Level. | ||||||
| 12 | 12. Knows computer software at a sufficient level to do analysis related to his/her studies, and uses health information and communication technologies at an advanced level. | ||||||
| 13 | 13. Develops strategies regarding health management, makes plans and develops policies for applying these strategies, and performs periodical checks and corrections during the strategic management process. | ||||||
| 14 | 14. Contributes to international health policy projects as well as developing national health policies. | ||||||
| 15 | 15. Teaches and monitors the social, scientific, and ethical values at the stages of data collection, publication, and application in relation to health management. | ||||||
| 16 | 16. Applies the knowledge and skills she/he gained at the field of health management in interdisciplinary projects related to the field. | ||||||
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 | 28 | 3 | 84 | |||
| Guided Problem Solving | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 3 | 40 | 120 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 1 | 20 | 20 | |||
| General Exam | 1 | 20 | 20 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 244 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(244/30) | 8 | |||||
| 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 |
|---|---|---|---|---|---|
| ECONOMIC EVALUATION TECHNIQUES | - | Spring Semester | 3+0 | 3 | 8 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Second Cycle (Master's Degree) |
| Course Type | Elective |
| Course Coordinator | Prof.Dr. Hasan DİNÇER |
| Name of Lecturer(s) | Prof.Dr. Hasan DİNÇER |
| Assistant(s) | |
| Aim | The aim of the course is to enable students to master the basic concepts of firm valuation. |
| Course Content | This course contains; Introduction to Valuation,Introduction to Valuation 2,Value Concept and Company Valuation,Main Factors Affecting Company Value,Valuation (Revenue) Approach with Reduced Cash Flows,Relative Valuation (Market) Approach,Accounting Based Valuation (Cost) Approach,Conditional Valuation (Option) Valuation Approach,Alternative Company Valuation Methods,Comprehensive Company Valuation Practices,Readings on Strategic Finance,Readings on Strategic Finance 2,Readings on Company Valuation,Readings on Company Valuation 2. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Explains valuation concept. | 10, 16, 9 | A |
| 1.1. Explains the basic headings of the concept of valuation. | 10, 16, 9 | A |
| 1.2. Understands the points of view of value. | 10, 16, 9 | A |
| 2. Explains valuation methods | 10, 16, 9 | A |
| 2.1. Explains basic types of financial valuation. | 10, 16, 9 | A |
| 2.2. Explain the difference between types of financial valuation. | 10, 16, 9 | A |
| 3. Makes economic evaluation and technological evaluation in the financial sector. | 10, 16, 9 | A |
| 3.1. Conducts economic evaluation in financial sector services. | 10, 16, 9 | A |
| 3.2. Conducts technological evaluation in the financial sector. | 10, 16, 9 | A |
| 4. Explains economic evaluation cost effectiveness, cost benefit, cost minimization and cost utility methods. | 10, 16, 9 | A |
| 4.1. Economic evaluation learns cost effectiveness, cost benefit and cost minimization. | 10, 16, 9 | A |
| 4.2. Explains cost minimization and cost utilization methods in economic evaluation. | 10, 16, 9 | A |
| 5. Explains the functioning of the economic evaluation process. | 10, 16, 9 | A |
| 5.1. Explains risk analysis in economic evaluation. | 10, 16, 9 | A |
| 5.2. Explains to make decisions from economic evaluation. | 10, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Valuation | Examination of academic studies on the subject. |
| 2 | Introduction to Valuation 2 | Examination of academic studies on the subject. |
| 3 | Value Concept and Company Valuation | Examination of academic studies on the subject. |
| 4 | Main Factors Affecting Company Value | Examination of academic studies on the subject. |
| 5 | Valuation (Revenue) Approach with Reduced Cash Flows | Examination of academic studies on the subject. |
| 6 | Relative Valuation (Market) Approach | Examination of academic studies on the subject. |
| 7 | Accounting Based Valuation (Cost) Approach | Examination of academic studies on the subject. |
| 8 | Conditional Valuation (Option) Valuation Approach | Examination of academic studies on the subject. |
| 9 | Alternative Company Valuation Methods | Examination of academic studies on the subject. |
| 10 | Comprehensive Company Valuation Practices | Examination of academic studies on the subject. |
| 11 | Readings on Strategic Finance | Examination of academic studies on the subject. |
| 12 | Readings on Strategic Finance 2 | Examination of academic studies on the subject. |
| 13 | Readings on Company Valuation | Examination of academic studies on the subject. |
| 14 | Readings on Company Valuation 2 | Examination of academic studies on the subject. |
| Resources |
| Course notes, Şirket Değerleme Yaklaşımları, Barış Sipahi, Serhat Yanık, Yusuf Aytürk, Seçkin Yayınevi, 2016 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | 1. Improves upon and deepens the knowledge she/he gained at the health management undergraduate program to the level of an expert in the field. | ||||||
| 2 | 2. Comprehends and explains the interaction between health management and related disciplines. | ||||||
| 3 | 3. Has the ability to make use of and communicate with staff the theoretical and applied knowledge he/she gained in the field of health management. | ||||||
| 4 | 4. Analyzes, interprets and evaluates events by integrating theoretical and applied knowledge of health management with knowledge from other related disciplines. | ||||||
| 5 | 5. Analyzes problematic areas in the field of health management with scientific research methods and develops solutions. | ||||||
| 6 | 6. Independently carries out a project and makes decisions related to it when necessary. | ||||||
| 7 | 7. Takes part in identifying mission, vision, aims and goals as part of strategic planning of the institution for which he/she works. | ||||||
| 8 | 8. Provides new strategic solutions in complicated situations not foreseen in the field of health management. | ||||||
| 9 | 9. Since she/he internalized the principle of lifelong learning, she/he critically evaluates whether or not the information she/he gained in the field of health management is current, directs his/her learning and independently conducts advanced level studies. | ||||||
| 10 | 10. Shares his/her thoughts and suggestions about current developments in health management with the inner and outside stakeholders of the instituions she/he Works for verbally and in writing. | ||||||
| 11 | 11. Communicates verbally and in writing in a foreign language at least at the European Language Portfolio B2 General Level. | ||||||
| 12 | 12. Knows computer software at a sufficient level to do analysis related to his/her studies, and uses health information and communication technologies at an advanced level. | ||||||
| 13 | 13. Develops strategies regarding health management, makes plans and develops policies for applying these strategies, and performs periodical checks and corrections during the strategic management process. | ||||||
| 14 | 14. Contributes to international health policy projects as well as developing national health policies. | ||||||
| 15 | 15. Teaches and monitors the social, scientific, and ethical values at the stages of data collection, publication, and application in relation to health management. | ||||||
| 16 | 16. Applies the knowledge and skills she/he gained at the field of health management in interdisciplinary projects related to the field. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |