Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| FINANCIAL METHODS for ENGINEERS | - | Fall Semester | 3+0 | 3 | 6 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Elective |
| Course Coordinator | Assoc.Prof. Melis Almula KARADAYI |
| Name of Lecturer(s) | Lect. Özgür EROL |
| Assistant(s) | |
| Aim | This course is designed to teach financial methods for engineering students. Students will learn that the best technical and engineering solutions must be aligned with financial capabilities. This course gives a general understanding of financial statements, investments and cash flows, present value and internal rate of return; portfolio optimization, capital budgeting and asset management |
| Course Content | This course contains; Introduction to financial management ,Financial markets and the corporation ,Working with financial statements ,Long-Term Financial Planning and Growth ,Valuation of Future Cash Flows, Time Value of Money ,Capital Budgeting ,Net Present Value and Other Investment Criteria ,Making Capital Investment Decisions,Project Analysis and Evaluation ,Risk and Return ,Cost-Benefit Analysis, Risk and Uncertainty ,Cost of Capital and Long-Term Financial Planning ,Shor-term Financial Planning and Management ,Portfolio Optimizations. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Evaluates how engineering solutions should be aligned with financial capabilities. | 10, 13, 16, 9 | A, E, F |
| 2. Analyzes financial statements and evaluates financial information. | 10, 13, 16, 9 | A, E, F |
| 3. Analyzes the formation of cash flows in engineering projects. | 10, 13, 16, 9 | A, E, F |
| 4. Defines capital budgeting and project evaluation techniques. | 13, 16, 9 | A, E, F |
| 5. Designs cash flow for engineering projects. | 13, 16, 4, 9 | A, E, F |
| Teaching Methods: | 10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 4: Inquiry-Based Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework, F: Project Task |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to financial management | Lecture Notes |
| 2 | Financial markets and the corporation | Lecture Notes |
| 3 | Working with financial statements | Lecture Notes |
| 4 | Long-Term Financial Planning and Growth | Lecture Notes |
| 5 | Valuation of Future Cash Flows, Time Value of Money | Lecture Notes |
| 6 | Capital Budgeting | Lecture Notes |
| 7 | Net Present Value and Other Investment Criteria | Lecture Notes |
| 8 | Making Capital Investment Decisions | Lecture Notes |
| 9 | Project Analysis and Evaluation | Lecture Notes |
| 10 | Risk and Return | Lecture Notes |
| 11 | Cost-Benefit Analysis, Risk and Uncertainty | Lecture Notes |
| 12 | Cost of Capital and Long-Term Financial Planning | Lecture Notes |
| 13 | Shor-term Financial Planning and Management | Lecture Notes |
| 14 | Portfolio Optimizations | Lecture Notes |
| Resources |
| Corporate Finance, Stephen A. Ross, Randolph Westerfield, Jeffrey F. Jaffe, McGraw-Hill/Irwin Course material: Course notes, slides, readings (provided by the instructor) |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied knowledge in these areas in the solution of complex engineering problems. | X | |||||
| 2 | Ability to formulate, and solve complex engineering problems; ability to select and apply proper analysis and modeling methods for this purpose. | X | |||||
| 3 | Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; ability to apply modern design methods for this purpose. | ||||||
| 4 | Ability to select and use modern techniques and tools needed for analyzing and solving complex problems encountered in engineering practice; ability to employ information technologies effectively. | X | |||||
| 5 | Ability to design and conduct experiments, gather data, analyze and interpret results for investigating complex engineering problems or discipline specific research questions. | ||||||
| 6 | Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually. | ||||||
| 7 | Ability to communicate effectively, both orally and in writing; knowledge of a minimum of one foreign language; ability to write effective reports and comprehend written reports, prepare design and production reports, make effective presentations, and give and receive clear and intelligible instructions. | X | |||||
| 8 | Awareness of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself. | ||||||
| 9 | Knowledge on behavior according ethical principles, professional and ethical responsibility and standards used in engineering practices. | X | |||||
| 10 | Knowledge about business life practices such as project management, risk management, and change management; awareness in entrepreneurship, innovation; knowledge about sustainable development. | ||||||
| 11 | Knowledge about the global and social effects of engineering practices on health, environment, and safety, and contemporary issues of the century reflected into the field of engineering; awareness of the legal consequences of engineering solutions. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 30 | |
| Rate of Final Exam to Success | 70 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 14 | 3 | 42 | |||
| Guided Problem Solving | 1 | 1 | 1 | |||
| Resolution of Homework Problems and Submission as a Report | 5 | 5 | 25 | |||
| Term Project | 1 | 1 | 1 | |||
| Presentation of Project / Seminar | 4 | 5 | 20 | |||
| Quiz | 5 | 4 | 20 | |||
| Midterm Exam | 5 | 3 | 15 | |||
| General Exam | 8 | 5 | 40 | |||
| Performance Task, Maintenance Plan | 2 | 2 | 4 | |||
| Total Workload(Hour) | 168 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(168/30) | 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 |
|---|---|---|---|---|---|
| FINANCIAL METHODS for ENGINEERS | - | Fall Semester | 3+0 | 3 | 6 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Elective |
| Course Coordinator | Assoc.Prof. Melis Almula KARADAYI |
| Name of Lecturer(s) | Lect. Özgür EROL |
| Assistant(s) | |
| Aim | This course is designed to teach financial methods for engineering students. Students will learn that the best technical and engineering solutions must be aligned with financial capabilities. This course gives a general understanding of financial statements, investments and cash flows, present value and internal rate of return; portfolio optimization, capital budgeting and asset management |
| Course Content | This course contains; Introduction to financial management ,Financial markets and the corporation ,Working with financial statements ,Long-Term Financial Planning and Growth ,Valuation of Future Cash Flows, Time Value of Money ,Capital Budgeting ,Net Present Value and Other Investment Criteria ,Making Capital Investment Decisions,Project Analysis and Evaluation ,Risk and Return ,Cost-Benefit Analysis, Risk and Uncertainty ,Cost of Capital and Long-Term Financial Planning ,Shor-term Financial Planning and Management ,Portfolio Optimizations. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Evaluates how engineering solutions should be aligned with financial capabilities. | 10, 13, 16, 9 | A, E, F |
| 2. Analyzes financial statements and evaluates financial information. | 10, 13, 16, 9 | A, E, F |
| 3. Analyzes the formation of cash flows in engineering projects. | 10, 13, 16, 9 | A, E, F |
| 4. Defines capital budgeting and project evaluation techniques. | 13, 16, 9 | A, E, F |
| 5. Designs cash flow for engineering projects. | 13, 16, 4, 9 | A, E, F |
| Teaching Methods: | 10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 4: Inquiry-Based Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework, F: Project Task |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to financial management | Lecture Notes |
| 2 | Financial markets and the corporation | Lecture Notes |
| 3 | Working with financial statements | Lecture Notes |
| 4 | Long-Term Financial Planning and Growth | Lecture Notes |
| 5 | Valuation of Future Cash Flows, Time Value of Money | Lecture Notes |
| 6 | Capital Budgeting | Lecture Notes |
| 7 | Net Present Value and Other Investment Criteria | Lecture Notes |
| 8 | Making Capital Investment Decisions | Lecture Notes |
| 9 | Project Analysis and Evaluation | Lecture Notes |
| 10 | Risk and Return | Lecture Notes |
| 11 | Cost-Benefit Analysis, Risk and Uncertainty | Lecture Notes |
| 12 | Cost of Capital and Long-Term Financial Planning | Lecture Notes |
| 13 | Shor-term Financial Planning and Management | Lecture Notes |
| 14 | Portfolio Optimizations | Lecture Notes |
| Resources |
| Corporate Finance, Stephen A. Ross, Randolph Westerfield, Jeffrey F. Jaffe, McGraw-Hill/Irwin Course material: Course notes, slides, readings (provided by the instructor) |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied knowledge in these areas in the solution of complex engineering problems. | X | |||||
| 2 | Ability to formulate, and solve complex engineering problems; ability to select and apply proper analysis and modeling methods for this purpose. | X | |||||
| 3 | Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; ability to apply modern design methods for this purpose. | ||||||
| 4 | Ability to select and use modern techniques and tools needed for analyzing and solving complex problems encountered in engineering practice; ability to employ information technologies effectively. | X | |||||
| 5 | Ability to design and conduct experiments, gather data, analyze and interpret results for investigating complex engineering problems or discipline specific research questions. | ||||||
| 6 | Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually. | ||||||
| 7 | Ability to communicate effectively, both orally and in writing; knowledge of a minimum of one foreign language; ability to write effective reports and comprehend written reports, prepare design and production reports, make effective presentations, and give and receive clear and intelligible instructions. | X | |||||
| 8 | Awareness of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself. | ||||||
| 9 | Knowledge on behavior according ethical principles, professional and ethical responsibility and standards used in engineering practices. | X | |||||
| 10 | Knowledge about business life practices such as project management, risk management, and change management; awareness in entrepreneurship, innovation; knowledge about sustainable development. | ||||||
| 11 | Knowledge about the global and social effects of engineering practices on health, environment, and safety, and contemporary issues of the century reflected into the field of engineering; awareness of the legal consequences of engineering solutions. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 30 | |
| Rate of Final Exam to Success | 70 | |
| Total | 100 | |