Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| FUNDAMENTALS of FINANCE | BNK1127950 | Fall Semester | 3+0 | 3 | 5 |
| Course Program | Çarşamba 13:30-14:15 Çarşamba 14:30-15:15 Çarşamba 15:30-16:15 |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Numan ÖZAKPINAR |
| Name of Lecturer(s) | Assist.Prof. Numan ÖZAKPINAR |
| Assistant(s) | |
| Aim | Acquiring the ability of comprehending concept of finance management based of corporate finance, goals of corporations regarding finance management, time value of money, financial analysis techniques, receivables and stock management, budget of fixed assets and capital and finance techniques |
| Course Content | This course contains; Introduction to Finance,Concepts of Corporate Finance and Goals,Basic Finance Terms and Statements,Financial Analysis and Types,Tıme Value of Money,Interest Rates,Bond valuation,Risk and Return,Stock Valuation,Capital Cost,Fundamentals of capital budgeting,Cash flow forecasting and risk analysis,Capital structure and leverage,Distributions to shareholders: dividends and share buybacks. |
| Course Learning Outcomes | Teaching Methods | Assessment Methods |
| 1. Will be able to explain financial system dynamics. | 10, 16, 9 | A |
| 1.1. Explains the concept of market and financial market. | ||
| 1.2. Knows the elements of financial markets. | ||
| 2. Will be able to explain financial markets and institutions. | 10, 16, 9 | A |
| 2.1. Knows financial intermediaries. | ||
| 2.2. Explains financial instruments. | ||
| 3. Will be able to compare financial statements. | 10, 12, 13, 16, 6, 9 | A |
| 3.1. Evaluates the balance sheets of businesses. | ||
| 3.2. Evaluates the income statement of businesses. | ||
| 4. Will be able to execute financial asset valuation. | 10, 12, 13, 14, 16, 4, 6, 9 | A |
| 4.1. Calculates the present value of businesses’ investments. | ||
| 4.2. Calculates the future value of businesses’ investments. | ||
| 5. Will be able to describe concepts of risk and rate of return. | 10, 16, 9 | A |
| 5.1. Knows diversifiable risks and their types. | ||
| 5.2. Knows non-diversifiable risks and their types. |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 4: Inquiry-Based Learning, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Finance | |
| 2 | Concepts of Corporate Finance and Goals | |
| 3 | Basic Finance Terms and Statements | |
| 4 | Financial Analysis and Types | |
| 5 | Tıme Value of Money | |
| 6 | Interest Rates | |
| 7 | Bond valuation | |
| 8 | Risk and Return | |
| 9 | Stock Valuation | |
| 10 | Capital Cost | |
| 11 | Fundamentals of capital budgeting | |
| 12 | Cash flow forecasting and risk analysis | |
| 13 | Capital structure and leverage | |
| 14 | Distributions to shareholders: dividends and share buybacks |
| Resources |
| Lecturer's Notes |
| Brealey,R. A.,& Myers, S. C., & Marcus,A.J. Çev.: Ünal Bozkurt, Türkan Arıkan, Hatice Doğukanlı (2007), İşletme Finansının Temelleri, Literatür Yayıncılık, İstanbul |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | X | |||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | X | |||||
| 6 | Students convey knowledge concerning financial markets and institutions. | X | |||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | ||||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | ||||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | 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 | 16 | 48 | |||
| 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 | 2 | 6 | 12 | |||
| Midterm Exam | 1 | 17 | 17 | |||
| General Exam | 1 | 22 | 22 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 141 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(141/30) | 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 |
|---|---|---|---|---|---|
| FUNDAMENTALS of FINANCE | BNK1127950 | Fall Semester | 3+0 | 3 | 5 |
| Course Program | Çarşamba 13:30-14:15 Çarşamba 14:30-15:15 Çarşamba 15:30-16:15 |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Numan ÖZAKPINAR |
| Name of Lecturer(s) | Assist.Prof. Numan ÖZAKPINAR |
| Assistant(s) | |
| Aim | Acquiring the ability of comprehending concept of finance management based of corporate finance, goals of corporations regarding finance management, time value of money, financial analysis techniques, receivables and stock management, budget of fixed assets and capital and finance techniques |
| Course Content | This course contains; Introduction to Finance,Concepts of Corporate Finance and Goals,Basic Finance Terms and Statements,Financial Analysis and Types,Tıme Value of Money,Interest Rates,Bond valuation,Risk and Return,Stock Valuation,Capital Cost,Fundamentals of capital budgeting,Cash flow forecasting and risk analysis,Capital structure and leverage,Distributions to shareholders: dividends and share buybacks. |
| Course Learning Outcomes | Teaching Methods | Assessment Methods |
| 1. Will be able to explain financial system dynamics. | 10, 16, 9 | A |
| 1.1. Explains the concept of market and financial market. | ||
| 1.2. Knows the elements of financial markets. | ||
| 2. Will be able to explain financial markets and institutions. | 10, 16, 9 | A |
| 2.1. Knows financial intermediaries. | ||
| 2.2. Explains financial instruments. | ||
| 3. Will be able to compare financial statements. | 10, 12, 13, 16, 6, 9 | A |
| 3.1. Evaluates the balance sheets of businesses. | ||
| 3.2. Evaluates the income statement of businesses. | ||
| 4. Will be able to execute financial asset valuation. | 10, 12, 13, 14, 16, 4, 6, 9 | A |
| 4.1. Calculates the present value of businesses’ investments. | ||
| 4.2. Calculates the future value of businesses’ investments. | ||
| 5. Will be able to describe concepts of risk and rate of return. | 10, 16, 9 | A |
| 5.1. Knows diversifiable risks and their types. | ||
| 5.2. Knows non-diversifiable risks and their types. |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 4: Inquiry-Based Learning, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Finance | |
| 2 | Concepts of Corporate Finance and Goals | |
| 3 | Basic Finance Terms and Statements | |
| 4 | Financial Analysis and Types | |
| 5 | Tıme Value of Money | |
| 6 | Interest Rates | |
| 7 | Bond valuation | |
| 8 | Risk and Return | |
| 9 | Stock Valuation | |
| 10 | Capital Cost | |
| 11 | Fundamentals of capital budgeting | |
| 12 | Cash flow forecasting and risk analysis | |
| 13 | Capital structure and leverage | |
| 14 | Distributions to shareholders: dividends and share buybacks |
| Resources |
| Lecturer's Notes |
| Brealey,R. A.,& Myers, S. C., & Marcus,A.J. Çev.: Ünal Bozkurt, Türkan Arıkan, Hatice Doğukanlı (2007), İşletme Finansının Temelleri, Literatür Yayıncılık, İstanbul |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | X | |||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | X | |||||
| 6 | Students convey knowledge concerning financial markets and institutions. | X | |||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | ||||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | ||||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |