Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| MANAGEMENT and EVALUATION of INVESTMENT PROJECTS | - | Spring Semester | 3+0 | 3 | 6 |
| 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 give to the students the current theoretical and practical knowledge about the investment decision and medium and long-term financing. |
| Course Content | This course contains; 1.Business start-up,2.Feasibility study,3.Costs at firm level,4.Stock valuation,5.Bond valuation,6.Static methods of project evaluation,7.Dynamic methods of project evaluation,8.Risky project evaluation,9.Cost of capital,10.Cost structure,11.Dividend policy,12.Derivatives,13.Merger and acquisition,14.Globalization, crisis and investment decisions. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1.Evaluates the business start-up | 10, 16, 9 | A, E |
| 1.3.Compares the stages of feasibility study | 10, 16, 9 | A, E |
| 2.Evaluates the cost for new businesses | 10, 16, 9 | A, E |
| 2.1.Defines the fixed costs | 10, 16, 9 | A, E |
| 2.2.Defines the variable costs | 10, 16, 9 | A, E |
| 3.Applies the capital market valuation | 10, 16, 9 | A, E |
| 3.3.Compares the stock valuation methods. | 10, 16, 9 | A, E |
| 4.Applies the capital budgeting | 10, 16, 9 | A, E |
| 4.1.Defines the essentials of investment projects | 10, 16, 9 | A, E |
| 4.2.Defines the static methods of project evaluation | 10, 16, 9 | A, E |
| 4.3.Defines the dynamic methods of project evaluation | 10, 16, 9 | A, E |
| 5.3.Defines the factors of weighted average cost of capital | 10, 16, 9 | A, E |
| 5.4.Defines capital asset pricing model | 10, 16, 9 | A, E |
| 5.5.Compares the theories of capital structure | 10, 16, 9 | A, E |
| 5.6.Examines the determinants of capital structure | 10, 16, 9 | A, E |
| 6.Will be able to discuss the dividend policy | 10, 16, 9 | A, E |
| 6.1.Defines the dividend policies | 10, 16, 9 | A, E |
| 6.3.Compares the types of dividend policy | 10, 16, 9 | A, E |
| 6.4.Compares the methods for the dividend payments | 10, 16, 9 | A, E |
| 7.Evaluates the derivatives in the risky investment projects. | 10, 16, 9 | A, E |
| 7.1.Defines the future markets | 10, 16, 9 | A, E |
| 7.2.Defines the futures and forward contracts | 10, 16, 9 | A, E |
| 7.3.Defines the option and swap | 10, 16, 9 | A, E |
| 7.4.Examines the purposes of derivate transactions | 10, 16, 9 | A, E |
| 7.5.Examines the relationship between risk and derivatives | 10, 16, 9 | A, E |
| 8.Discuss the current issues in investment projects | 10, 16, 9 | A, E |
| 8.1.Discusses of merger and acquisition | 10, 16, 9 | A, E |
| 8.2.Defines the concept of the business and firm failure | 10, 16, 9 | A, E |
| 1.1. Defines the different types of new business opportunities | 10, 16, 9 | A, E |
| 1.2. Defines the business establishment process | 10, 16, 9 | A, E |
| 1.4. Determines the most suitable location for the business | 10, 16, 9 | A, E |
| 2.3. Discusses break even analysis | 10, 16, 9 | A, E |
| 3.1. Explains the concept of valuation | 10, 16, 9 | A, E |
| 3.2. Compares the valuation methods. | 10, 16, 9 | A, E |
| 3.4. Explains the valuation of bonds and the duration | 10, 16, 9 | A, E |
| 4.4. Defines the methods of risky project evaluation | 10, 16, 9 | A, E |
| 5. Discuss the cost of capital | 10, 16, 9 | A, E |
| 5.1. Defines the cost of capital | 10, 16, 9 | A, E |
| 5.2. Compares the cost of various financial sources | 10, 16, 9 | A, E |
| 6.2. Examines the determinants of dividend policy | 10, 16, 9 | A, E |
| 8.3. Examines the relationship between globalization and investment | 10, 16, 9 | A, E |
| 8.4. Examines the relationship between crisis and investment | 10, 16, 9 | A, E |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | 1.Business start-up | Examination of academic studies on the subject. |
| 2 | 2.Feasibility study | Examination of academic studies on the subject. |
| 3 | 3.Costs at firm level | Examination of academic studies on the subject. |
| 4 | 4.Stock valuation | Examination of academic studies on the subject. |
| 5 | 5.Bond valuation | Examination of academic studies on the subject. |
| 6 | 6.Static methods of project evaluation | Examination of academic studies on the subject. |
| 7 | 7.Dynamic methods of project evaluation | Examination of academic studies on the subject. |
| 8 | 8.Risky project evaluation | Examination of academic studies on the subject. |
| 9 | 9.Cost of capital | Examination of academic studies on the subject. |
| 10 | 10.Cost structure | Examination of academic studies on the subject. |
| 11 | 11.Dividend policy | Examination of academic studies on the subject. |
| 12 | 12.Derivatives | Examination of academic studies on the subject. |
| 13 | 13.Merger and acquisition | Examination of academic studies on the subject. |
| 14 | 14.Globalization, crisis and investment decisions | Examination of academic studies on the subject. |
| Resources |
| Lecture notes |
| 1.Halil Sarıaslan, Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi, Siyasal Kitabevi 2.Arman Tevfik, Yatırım Projeleri, Literatür Yayıncılık 3.Adem Anbar ve Değer Alper, Yatırım Projeleri Analizi, Ekin Yayınları 4.Nurhan Aydın (Editör), Finansal Yönetim II, Anadolu Üniversitesi Yayınları 5.Niyazi Berk, Finansal Yönetim, Türkmen Yayınevi 6.Öztin Akgüç, Finansal Yönetim, Avcıol Basım Yayın 7.Hasan Dinçer, Ümit Hacıoğlu, Finansa Giriş, Beta Yayınevi 8.Hüseyin Özgen ve Azmi Yalçın, Temel İşletmecilik Bilgisi, Nobel Yayınları 9.Brealey, Myers & Marcus, Fundamentals of Corporate Finance, McGraw-Hill. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | 1. In light of the current developments in the field of banking and finance, use knowledge about the main sources, process and design which are related to the field. | X | |||||
| 2 | 2.Describe the mathematical and statistical methods of banking and finance. | X | |||||
| 3 | 3. Reach scientific knowledge in the field of banking and finance; evaluate, and use this information to solve macro and micro financial problems. | ||||||
| 4 | 4. Implement the idea about individual and social problems of banking and finance and in the light of current developments find resolutions. | X | |||||
| 5 | 5. Solve the problems encountered in banking and finance theory and practice by using research methods that specific to field. | ||||||
| 6 | 6. Carry out an independent study which needs expertise in the field of banking and finance and its sub-disciplines. | ||||||
| 7 | 7. Develop different perspectives and take responsibility to solve complex issues which require expertise and encountered in the field of banking and finance and its sub-disciplines. | ||||||
| 8 | 8. Critically evaluate acquired knowledge and skills in the field of banking and finance and its sub-disciplines. | ||||||
| 9 | 9. Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning. | ||||||
| 10 | 10. Mean acquired knowledge in the field of banking and finance and current developments about finance theory and practice to all groups systematically in written or oral form. | X | |||||
| 11 | 11. Critically question concepts and institutions of banking and finance, settled practice of management and norms and when necessary develop and attempt to change them. | X | |||||
| 12 | 12. Use software which in the level required by the field of banking and finance and information and communication technologies in the advanced level. | ||||||
| 13 | 13. Take into consideration and internalize social, scientific and ethical values in the process of gathering, processing and evaluating information about field of banking and finance and its sub-disciplines. | ||||||
| 14 | 14. With developing understanding of honesty, justice and ethics are required to be professional in the field, teach around them. | ||||||
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 | 10 | 140 | |||
| 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 | 0 | 0 | 0 | |||
| General Exam | 0 | 0 | 0 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 182 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(182/30) | 6 | |||||
| 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 |
|---|---|---|---|---|---|
| MANAGEMENT and EVALUATION of INVESTMENT PROJECTS | - | Spring Semester | 3+0 | 3 | 6 |
| 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 give to the students the current theoretical and practical knowledge about the investment decision and medium and long-term financing. |
| Course Content | This course contains; 1.Business start-up,2.Feasibility study,3.Costs at firm level,4.Stock valuation,5.Bond valuation,6.Static methods of project evaluation,7.Dynamic methods of project evaluation,8.Risky project evaluation,9.Cost of capital,10.Cost structure,11.Dividend policy,12.Derivatives,13.Merger and acquisition,14.Globalization, crisis and investment decisions. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1.Evaluates the business start-up | 10, 16, 9 | A, E |
| 1.3.Compares the stages of feasibility study | 10, 16, 9 | A, E |
| 2.Evaluates the cost for new businesses | 10, 16, 9 | A, E |
| 2.1.Defines the fixed costs | 10, 16, 9 | A, E |
| 2.2.Defines the variable costs | 10, 16, 9 | A, E |
| 3.Applies the capital market valuation | 10, 16, 9 | A, E |
| 3.3.Compares the stock valuation methods. | 10, 16, 9 | A, E |
| 4.Applies the capital budgeting | 10, 16, 9 | A, E |
| 4.1.Defines the essentials of investment projects | 10, 16, 9 | A, E |
| 4.2.Defines the static methods of project evaluation | 10, 16, 9 | A, E |
| 4.3.Defines the dynamic methods of project evaluation | 10, 16, 9 | A, E |
| 5.3.Defines the factors of weighted average cost of capital | 10, 16, 9 | A, E |
| 5.4.Defines capital asset pricing model | 10, 16, 9 | A, E |
| 5.5.Compares the theories of capital structure | 10, 16, 9 | A, E |
| 5.6.Examines the determinants of capital structure | 10, 16, 9 | A, E |
| 6.Will be able to discuss the dividend policy | 10, 16, 9 | A, E |
| 6.1.Defines the dividend policies | 10, 16, 9 | A, E |
| 6.3.Compares the types of dividend policy | 10, 16, 9 | A, E |
| 6.4.Compares the methods for the dividend payments | 10, 16, 9 | A, E |
| 7.Evaluates the derivatives in the risky investment projects. | 10, 16, 9 | A, E |
| 7.1.Defines the future markets | 10, 16, 9 | A, E |
| 7.2.Defines the futures and forward contracts | 10, 16, 9 | A, E |
| 7.3.Defines the option and swap | 10, 16, 9 | A, E |
| 7.4.Examines the purposes of derivate transactions | 10, 16, 9 | A, E |
| 7.5.Examines the relationship between risk and derivatives | 10, 16, 9 | A, E |
| 8.Discuss the current issues in investment projects | 10, 16, 9 | A, E |
| 8.1.Discusses of merger and acquisition | 10, 16, 9 | A, E |
| 8.2.Defines the concept of the business and firm failure | 10, 16, 9 | A, E |
| 1.1. Defines the different types of new business opportunities | 10, 16, 9 | A, E |
| 1.2. Defines the business establishment process | 10, 16, 9 | A, E |
| 1.4. Determines the most suitable location for the business | 10, 16, 9 | A, E |
| 2.3. Discusses break even analysis | 10, 16, 9 | A, E |
| 3.1. Explains the concept of valuation | 10, 16, 9 | A, E |
| 3.2. Compares the valuation methods. | 10, 16, 9 | A, E |
| 3.4. Explains the valuation of bonds and the duration | 10, 16, 9 | A, E |
| 4.4. Defines the methods of risky project evaluation | 10, 16, 9 | A, E |
| 5. Discuss the cost of capital | 10, 16, 9 | A, E |
| 5.1. Defines the cost of capital | 10, 16, 9 | A, E |
| 5.2. Compares the cost of various financial sources | 10, 16, 9 | A, E |
| 6.2. Examines the determinants of dividend policy | 10, 16, 9 | A, E |
| 8.3. Examines the relationship between globalization and investment | 10, 16, 9 | A, E |
| 8.4. Examines the relationship between crisis and investment | 10, 16, 9 | A, E |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | 1.Business start-up | Examination of academic studies on the subject. |
| 2 | 2.Feasibility study | Examination of academic studies on the subject. |
| 3 | 3.Costs at firm level | Examination of academic studies on the subject. |
| 4 | 4.Stock valuation | Examination of academic studies on the subject. |
| 5 | 5.Bond valuation | Examination of academic studies on the subject. |
| 6 | 6.Static methods of project evaluation | Examination of academic studies on the subject. |
| 7 | 7.Dynamic methods of project evaluation | Examination of academic studies on the subject. |
| 8 | 8.Risky project evaluation | Examination of academic studies on the subject. |
| 9 | 9.Cost of capital | Examination of academic studies on the subject. |
| 10 | 10.Cost structure | Examination of academic studies on the subject. |
| 11 | 11.Dividend policy | Examination of academic studies on the subject. |
| 12 | 12.Derivatives | Examination of academic studies on the subject. |
| 13 | 13.Merger and acquisition | Examination of academic studies on the subject. |
| 14 | 14.Globalization, crisis and investment decisions | Examination of academic studies on the subject. |
| Resources |
| Lecture notes |
| 1.Halil Sarıaslan, Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi, Siyasal Kitabevi 2.Arman Tevfik, Yatırım Projeleri, Literatür Yayıncılık 3.Adem Anbar ve Değer Alper, Yatırım Projeleri Analizi, Ekin Yayınları 4.Nurhan Aydın (Editör), Finansal Yönetim II, Anadolu Üniversitesi Yayınları 5.Niyazi Berk, Finansal Yönetim, Türkmen Yayınevi 6.Öztin Akgüç, Finansal Yönetim, Avcıol Basım Yayın 7.Hasan Dinçer, Ümit Hacıoğlu, Finansa Giriş, Beta Yayınevi 8.Hüseyin Özgen ve Azmi Yalçın, Temel İşletmecilik Bilgisi, Nobel Yayınları 9.Brealey, Myers & Marcus, Fundamentals of Corporate Finance, McGraw-Hill. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | 1. In light of the current developments in the field of banking and finance, use knowledge about the main sources, process and design which are related to the field. | X | |||||
| 2 | 2.Describe the mathematical and statistical methods of banking and finance. | X | |||||
| 3 | 3. Reach scientific knowledge in the field of banking and finance; evaluate, and use this information to solve macro and micro financial problems. | ||||||
| 4 | 4. Implement the idea about individual and social problems of banking and finance and in the light of current developments find resolutions. | X | |||||
| 5 | 5. Solve the problems encountered in banking and finance theory and practice by using research methods that specific to field. | ||||||
| 6 | 6. Carry out an independent study which needs expertise in the field of banking and finance and its sub-disciplines. | ||||||
| 7 | 7. Develop different perspectives and take responsibility to solve complex issues which require expertise and encountered in the field of banking and finance and its sub-disciplines. | ||||||
| 8 | 8. Critically evaluate acquired knowledge and skills in the field of banking and finance and its sub-disciplines. | ||||||
| 9 | 9. Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning. | ||||||
| 10 | 10. Mean acquired knowledge in the field of banking and finance and current developments about finance theory and practice to all groups systematically in written or oral form. | X | |||||
| 11 | 11. Critically question concepts and institutions of banking and finance, settled practice of management and norms and when necessary develop and attempt to change them. | X | |||||
| 12 | 12. Use software which in the level required by the field of banking and finance and information and communication technologies in the advanced level. | ||||||
| 13 | 13. Take into consideration and internalize social, scientific and ethical values in the process of gathering, processing and evaluating information about field of banking and finance and its sub-disciplines. | ||||||
| 14 | 14. With developing understanding of honesty, justice and ethics are required to be professional in the field, teach around them. | ||||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |