Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| CORPORATE FINANCE | ULF2234430 | Spring Semester | 3+0 | 3 | 5 |
| Course Program | Salı 08:00-08:45 Salı 09:00-09:45 Salı 10:00-10:45 Cumartesi 08:00-08:45 Cumartesi 09:00-09:45 Cumartesi 10:00-10:45 |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Prof.Dr. Hasan DİNÇER |
| Name of Lecturer(s) | Prof.Dr. Hasan DİNÇER |
| Assistant(s) | |
| Aim | is to be given to the students the current theoretical and practical knowledge about the investment decision, capital markets enstruments, derivatives and medium and long-term financing. |
| Course Content | This course contains; Financial markets and instruments,Capital market instruments,Other securities,Stock valuation,Bond valuation,Static methods of project evaluation,Dynamic methods of project evaluation,Risky project evaluation,Cost of capital,Cost structure,Dividend policy,Derivatives,Merger and acquisition,Globalization, crisis and finance. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1.Will be able to evaluate the medium and long-term financial instruments | 12, 6, 9 | A |
| 1.3.Defines the functions of stock | A | |
| 1.4.Explains the functions of bonds | A | |
| 2.Will be able to evaluate the other types of securities. | 6, 9 | A |
| 2.1.Defines warrant | A | |
| 2.2.Defines the convertible bonds | A | |
| 2.6.Compares the investment funds | A | |
| 2.7.Defines the asset funds and asset-backed securities | A | |
| 2.8.Explains the depository receipt | A | |
| 3.Will be able to apply the capital market valuation | 12, 14, 16, 6, 9 | A |
| 3.3.Compares the stock valuation methods. | A | |
| 4.Will be able to apply the capital budgeting | 12, 6, 9 | A |
| 4.1.Defines the essentials of investment projects | A | |
| 4.2.Defines the static methods of project evaluation | A | |
| 4.3.Defines the dynamic methods of project evaluation | A | |
| 5.3.Defines the factors of weighted average cost of capital | A | |
| 5.4.Defines capital asset pricing model | A | |
| 5.5.Compares the theories of capital structure | A | |
| 5.6.Examines the determinants of capital structure | A | |
| 6.Will be able to discuss the dividend policy | 4, 9 | |
| 6.1.Defines the dividend policies | A | |
| 6.3.Compares the types of dividend policy | A | |
| 6.4.Compares the methods for the dividend payments | A | |
| 7.Will be able to evaluate the derivatives | 16, 9 | A |
| 7.1.Defines the future markets | A | |
| 7.2.Defines the futures and forward contracts | A | |
| 7.3.Defines the option and swap | A | |
| 7.4.Examines the purposes of derivate transactions | A | |
| 7.5.Examines the relationship between risk and derivatives | A | |
| 8.Will be able to discuss the current issues in corporate finance | 14, 4, 5, 9 | A |
| 8.1.Defines the concept of merger | A | |
| 8.2.Defines the concept of acquisition | A | |
| 8.3.Defines the concept of firm failure | A | |
| 1.1. Defines capital market instruments | A | |
| 1.2. Defines other capital market instruments | A | |
| 2.3. Defines the types of bills | A | |
| 2.4. Defines the revenue sharing bills | A | |
| 2.5. Defines the indexed bonds | A | |
| 3.1. Explains the concept of valuation | A | |
| 3.2. Compares the valuation methods. | A | |
| 3.4. Explains the valuation of bonds and the duration | A | |
| 4.4. Defines the methods of risky project evaluation | A | |
| 5. Will be able to discuss the cost of capital | 6, 9 | A |
| 5.1. Defines the cost of capital | A | |
| 5.2. Compares the cost of various financial sources | A | |
| 6.2. Examines the determinants of dividend policy | A | |
| 8.4. Examines the relationship between globalization and finance | A | |
| 8.5. Examines the relationship between crisis and finance | A |
| Teaching Methods: | 12: Problem Solving Method, 14: Self Study Method, 16: Question - Answer Technique, 4: Inquiry-Based Learning, 5: Cooperative Learning, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Financial markets and instruments | |
| 2 | Capital market instruments | |
| 3 | Other securities | |
| 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 finance |
| Resources |
| Lecture notes |
| 1.Nurhan Aydın (Editör), Finansal Yönetim II, Anadolu Üniversitesi Yayınları, 2018 2.Niyazi Berk, Finansal Yönetim, Türkmen Yayınevi, 2020 3.Öztin Akgüç, Finansal Yönetim, Avcıol Basım Yayın, 2010 4.Hasan Dinçer, Ümit Hacıoğlu, Finansa Giriş, Beta Yayınevi, 2009 5.Brealey, Myers & Marcus, Fundamentals of Corporate Finance, McGraw-Hill, 2023 1. Lecture Notes: Introduction to Finance and Investment Management for BAF202 Financial Markets and Institutions, Istanbul, 2019. 2. Lecture Notes for BAF202 Financial Markets and Institutions, Istanbul, 2019. Recommended Books - Frederic S. Mishkin & Stanley G. Eakins; Financial Markets and Institutions, Addison-Wesley, Inc.; 8th Ed., 2016. Peter S. Rose & Milton H. Marquis; Money and Capital Markets, McGraw-Hill/Irwin, 9th Ed., 2006; 10th Ed., 2008. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Uluslararası ticaret ve finansman alanında teorik bilgileri tanımlar. | X | |||||
| 2 | Uluslararası ticaret ve finansman alanında gerekli matematiksel ve istatistiki yöntemleri anlatır. | X | |||||
| 3 | Uluslararası ticaret ve finansman alanında gerekli en az bir bilgisayar programı kullanır. | X | |||||
| 4 | Uluslararası ticaret ve finansman alanında gerekli olan mesleki yabancı dil yeterliliğini gösterir. | X | |||||
| 5 | Uluslararası ticaret ve finansman alanında projeler hazırlar ve takım çalışmalarını yönetir. | X | |||||
| 6 | Mesleki alanda yaşam boyu öğrenmenin gerekliliği bilinciyle bilim ve teknolojideki gelişmeleri izleyerek kendini sürekli yenileyip edindiği bilgi ve becerileri eleştirel olarak değerlendirir. | X | |||||
| 7 | Uluslararası ticaret ve finansman alanında teorik ve uygulamaya yönelik bilgileri kullanır | X | |||||
| 8 | En az A1 düzeyinde bir yabancı dili kullanarak güncel teknolojileri takip eder, sözlü / yazılı iletişim kurar | ||||||
| 9 | Örgüt / kurumsal, iş ve toplumsal etik değerlerini benimser ve kullanır. | X | |||||
| 10 | Topluma hizmet duyarlılığı çerçevesinde, sosyal sorumluluk ilkelerini benimser ve gerektiğinde inisiyatif alır. | X | |||||
| 11 | Disiplinler arası çalışmalar yürütebilmek için farklı disiplinlerde (ekonomi, finans, sosyoloji, hukuk, işletme) temel bilgileri ve verileri analiz ederek alanında kullanır. | X | |||||
| 12 | Öğrenciler, küresel ticaret, ihracat-ithalat işlemleri, gümrük işlemleri ve dış ticaretin finansmanı alanlarında uzmanlık elde eder. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 14 | 3 | 42 | |||
| Guided Problem Solving | 3 | 2 | 6 | |||
| Resolution of Homework Problems and Submission as a Report | 2 | 8 | 16 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 1 | 3 | 3 | |||
| Quiz | 5 | 5 | 25 | |||
| Midterm Exam | 1 | 16 | 16 | |||
| General Exam | 1 | 31 | 31 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 139 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(139/30) | 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 |
|---|---|---|---|---|---|
| CORPORATE FINANCE | ULF2234430 | Spring Semester | 3+0 | 3 | 5 |
| Course Program | Salı 08:00-08:45 Salı 09:00-09:45 Salı 10:00-10:45 Cumartesi 08:00-08:45 Cumartesi 09:00-09:45 Cumartesi 10:00-10:45 |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Prof.Dr. Hasan DİNÇER |
| Name of Lecturer(s) | Prof.Dr. Hasan DİNÇER |
| Assistant(s) | |
| Aim | is to be given to the students the current theoretical and practical knowledge about the investment decision, capital markets enstruments, derivatives and medium and long-term financing. |
| Course Content | This course contains; Financial markets and instruments,Capital market instruments,Other securities,Stock valuation,Bond valuation,Static methods of project evaluation,Dynamic methods of project evaluation,Risky project evaluation,Cost of capital,Cost structure,Dividend policy,Derivatives,Merger and acquisition,Globalization, crisis and finance. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1.Will be able to evaluate the medium and long-term financial instruments | 12, 6, 9 | A |
| 1.3.Defines the functions of stock | A | |
| 1.4.Explains the functions of bonds | A | |
| 2.Will be able to evaluate the other types of securities. | 6, 9 | A |
| 2.1.Defines warrant | A | |
| 2.2.Defines the convertible bonds | A | |
| 2.6.Compares the investment funds | A | |
| 2.7.Defines the asset funds and asset-backed securities | A | |
| 2.8.Explains the depository receipt | A | |
| 3.Will be able to apply the capital market valuation | 12, 14, 16, 6, 9 | A |
| 3.3.Compares the stock valuation methods. | A | |
| 4.Will be able to apply the capital budgeting | 12, 6, 9 | A |
| 4.1.Defines the essentials of investment projects | A | |
| 4.2.Defines the static methods of project evaluation | A | |
| 4.3.Defines the dynamic methods of project evaluation | A | |
| 5.3.Defines the factors of weighted average cost of capital | A | |
| 5.4.Defines capital asset pricing model | A | |
| 5.5.Compares the theories of capital structure | A | |
| 5.6.Examines the determinants of capital structure | A | |
| 6.Will be able to discuss the dividend policy | 4, 9 | |
| 6.1.Defines the dividend policies | A | |
| 6.3.Compares the types of dividend policy | A | |
| 6.4.Compares the methods for the dividend payments | A | |
| 7.Will be able to evaluate the derivatives | 16, 9 | A |
| 7.1.Defines the future markets | A | |
| 7.2.Defines the futures and forward contracts | A | |
| 7.3.Defines the option and swap | A | |
| 7.4.Examines the purposes of derivate transactions | A | |
| 7.5.Examines the relationship between risk and derivatives | A | |
| 8.Will be able to discuss the current issues in corporate finance | 14, 4, 5, 9 | A |
| 8.1.Defines the concept of merger | A | |
| 8.2.Defines the concept of acquisition | A | |
| 8.3.Defines the concept of firm failure | A | |
| 1.1. Defines capital market instruments | A | |
| 1.2. Defines other capital market instruments | A | |
| 2.3. Defines the types of bills | A | |
| 2.4. Defines the revenue sharing bills | A | |
| 2.5. Defines the indexed bonds | A | |
| 3.1. Explains the concept of valuation | A | |
| 3.2. Compares the valuation methods. | A | |
| 3.4. Explains the valuation of bonds and the duration | A | |
| 4.4. Defines the methods of risky project evaluation | A | |
| 5. Will be able to discuss the cost of capital | 6, 9 | A |
| 5.1. Defines the cost of capital | A | |
| 5.2. Compares the cost of various financial sources | A | |
| 6.2. Examines the determinants of dividend policy | A | |
| 8.4. Examines the relationship between globalization and finance | A | |
| 8.5. Examines the relationship between crisis and finance | A |
| Teaching Methods: | 12: Problem Solving Method, 14: Self Study Method, 16: Question - Answer Technique, 4: Inquiry-Based Learning, 5: Cooperative Learning, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Financial markets and instruments | |
| 2 | Capital market instruments | |
| 3 | Other securities | |
| 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 finance |
| Resources |
| Lecture notes |
| 1.Nurhan Aydın (Editör), Finansal Yönetim II, Anadolu Üniversitesi Yayınları, 2018 2.Niyazi Berk, Finansal Yönetim, Türkmen Yayınevi, 2020 3.Öztin Akgüç, Finansal Yönetim, Avcıol Basım Yayın, 2010 4.Hasan Dinçer, Ümit Hacıoğlu, Finansa Giriş, Beta Yayınevi, 2009 5.Brealey, Myers & Marcus, Fundamentals of Corporate Finance, McGraw-Hill, 2023 1. Lecture Notes: Introduction to Finance and Investment Management for BAF202 Financial Markets and Institutions, Istanbul, 2019. 2. Lecture Notes for BAF202 Financial Markets and Institutions, Istanbul, 2019. Recommended Books - Frederic S. Mishkin & Stanley G. Eakins; Financial Markets and Institutions, Addison-Wesley, Inc.; 8th Ed., 2016. Peter S. Rose & Milton H. Marquis; Money and Capital Markets, McGraw-Hill/Irwin, 9th Ed., 2006; 10th Ed., 2008. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Uluslararası ticaret ve finansman alanında teorik bilgileri tanımlar. | X | |||||
| 2 | Uluslararası ticaret ve finansman alanında gerekli matematiksel ve istatistiki yöntemleri anlatır. | X | |||||
| 3 | Uluslararası ticaret ve finansman alanında gerekli en az bir bilgisayar programı kullanır. | X | |||||
| 4 | Uluslararası ticaret ve finansman alanında gerekli olan mesleki yabancı dil yeterliliğini gösterir. | X | |||||
| 5 | Uluslararası ticaret ve finansman alanında projeler hazırlar ve takım çalışmalarını yönetir. | X | |||||
| 6 | Mesleki alanda yaşam boyu öğrenmenin gerekliliği bilinciyle bilim ve teknolojideki gelişmeleri izleyerek kendini sürekli yenileyip edindiği bilgi ve becerileri eleştirel olarak değerlendirir. | X | |||||
| 7 | Uluslararası ticaret ve finansman alanında teorik ve uygulamaya yönelik bilgileri kullanır | X | |||||
| 8 | En az A1 düzeyinde bir yabancı dili kullanarak güncel teknolojileri takip eder, sözlü / yazılı iletişim kurar | ||||||
| 9 | Örgüt / kurumsal, iş ve toplumsal etik değerlerini benimser ve kullanır. | X | |||||
| 10 | Topluma hizmet duyarlılığı çerçevesinde, sosyal sorumluluk ilkelerini benimser ve gerektiğinde inisiyatif alır. | X | |||||
| 11 | Disiplinler arası çalışmalar yürütebilmek için farklı disiplinlerde (ekonomi, finans, sosyoloji, hukuk, işletme) temel bilgileri ve verileri analiz ederek alanında kullanır. | X | |||||
| 12 | Öğrenciler, küresel ticaret, ihracat-ithalat işlemleri, gümrük işlemleri ve dış ticaretin finansmanı alanlarında uzmanlık elde eder. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |