Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| FUNDAMENTALS of FINANCE | - | Fall Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Sümeyya ALTUNTAŞ |
| Name of Lecturer(s) | Assist.Prof. Sümeyya ALTUNTAŞ |
| 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. |
| Dersin Öğrenme Kazanımları | 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 | Have knowledge to follow the scientific information about the business management literature, the ability of assessment and apply about the whole current business functions . | X | |||||
| 2 | Have the theoretical ability to establish a relationship among business management literature and other related disciplines. | X | |||||
| 3 | Students recognize and comment the mathematical calculations, the accounting records and financial analysis concerning their business activities. | X | |||||
| 4 | Have the knowledge and equipment to follow the relevant legislation and fulfill the legal responsibility of the company. | X | |||||
| 5 | Have knowledge about economic literature in order to manage resources of the company effectively. | X | |||||
| 6 | Have the ability to develop innovative recommendations about solutions regarding the problems faced by the management, production and marketing. | X | |||||
| 7 | Students able to identify, analyze and propose solutions to the problems about the issues related to the field at a basic level studies. | X | |||||
| 8 | Have a perspective to evaluate with a critical approach the basic level of knowledge and skills about the functions carried out by a company, compare the situations faced in business and literature, include the experiences on their learning process. | X | |||||
| 9 | Students follow and evaluate national and international developments regarding the business operations. | X | |||||
| 10 | Students able to communicate by expressing ideas and knowledge stating clearly and concisely both orally and in writing. | X | |||||
| 11 | Students effectively use the Turkish language in written and oral communication. | X | |||||
| 12 | Students have professional foreign language to do international correspondence in the field. | X | |||||
| 13 | Have ability to use communication technologies effectively that can helpful in business life. | X | |||||
| 14 | Aware to adopt a quality-oriented approach in the operating activities and use in application as well. | X | |||||
| 15 | Comply with the laws and rules of professional ethics about their personal responsibilities. | X | |||||
| 16 | Students aware that business activities should respect on public health, environmental protection and job security issues also in their professional decisions take into consideration these issues. | 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 | - | Fall Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Sümeyya ALTUNTAŞ |
| Name of Lecturer(s) | Assist.Prof. Sümeyya ALTUNTAŞ |
| 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. |
| Dersin Öğrenme Kazanımları | 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 | Have knowledge to follow the scientific information about the business management literature, the ability of assessment and apply about the whole current business functions . | X | |||||
| 2 | Have the theoretical ability to establish a relationship among business management literature and other related disciplines. | X | |||||
| 3 | Students recognize and comment the mathematical calculations, the accounting records and financial analysis concerning their business activities. | X | |||||
| 4 | Have the knowledge and equipment to follow the relevant legislation and fulfill the legal responsibility of the company. | X | |||||
| 5 | Have knowledge about economic literature in order to manage resources of the company effectively. | X | |||||
| 6 | Have the ability to develop innovative recommendations about solutions regarding the problems faced by the management, production and marketing. | X | |||||
| 7 | Students able to identify, analyze and propose solutions to the problems about the issues related to the field at a basic level studies. | X | |||||
| 8 | Have a perspective to evaluate with a critical approach the basic level of knowledge and skills about the functions carried out by a company, compare the situations faced in business and literature, include the experiences on their learning process. | X | |||||
| 9 | Students follow and evaluate national and international developments regarding the business operations. | X | |||||
| 10 | Students able to communicate by expressing ideas and knowledge stating clearly and concisely both orally and in writing. | X | |||||
| 11 | Students effectively use the Turkish language in written and oral communication. | X | |||||
| 12 | Students have professional foreign language to do international correspondence in the field. | X | |||||
| 13 | Have ability to use communication technologies effectively that can helpful in business life. | X | |||||
| 14 | Aware to adopt a quality-oriented approach in the operating activities and use in application as well. | X | |||||
| 15 | Comply with the laws and rules of professional ethics about their personal responsibilities. | X | |||||
| 16 | Students aware that business activities should respect on public health, environmental protection and job security issues also in their professional decisions take into consideration these issues. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |