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| Course Description |
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| Course Name |
: |
Capital Budgeting |
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| Course Code |
: |
MG1 706 |
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| Course Type |
: |
Optional |
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| Level of Course |
: |
Second Cycle |
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| Year of Study |
: |
1 |
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| Course Semester |
: |
Spring (16 Weeks) |
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| ECTS |
: |
4 |
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| Name of Lecturer(s) |
: |
Prof.Dr. YILDIRIM BEYAZITÖNAL
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| Learning Outcomes of the Course |
: |
Classifies the investment projects
Calculates the cost of capital
Calculates the cash flows in direct investments
Applies the static and dynamic models in the evaluation process
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| Mode of Delivery |
: |
Face-to-Face |
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| Prerequisites and Co-Prerequisites |
: |
None |
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| Recommended Optional Programme Components |
: |
None |
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| Aim(s) of Course |
: |
The objective of this course is to explain the importance of investments in firms as well as to give information on capital investment ideas from different perspectives in different environments |
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| Course Contents |
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This course is focused on the preparation and evaluation of investment projects as well as the investment support system in Turkey and its applications. |
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| Language of Instruction |
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Turkish |
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| Work Place |
: |
Will be determined by the dean´s office |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
The concept of investment projects and the importance of investment projects |
Reading the first chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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2 |
Finance Mathematics |
Reading the 8th chapter of financial management book |
Powerpoint slides, theorotical approaches, brainstorming |
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3 |
Finance Mathematics-2 |
Reading the 8th chapter of financial management book |
Powerpoint slides, theorotical approaches, brainstorming |
|
4 |
Cost of capital |
Reading the 11th chapter of financial management book |
Powerpoint slides, theorotical approaches, brainstorming |
|
5 |
Cost of capital-2 |
Reading the 11th chapter of financial management book |
Powerpoint slides, theorotical approaches, brainstorming |
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6 |
Calculating the cash flows |
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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7 |
Capital Budgeting:Static techniques |
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
|
8 |
Midterm exam |
Preperation for the exam |
Written exam |
|
9 |
Capital Budgeting: Dynamic techniques |
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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10 |
Capital Budgeting: Dynamic techniques-2 |
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
|
11 |
Special issues in investment project and their evaluation |
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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12 |
Discussions about the deficiency of discounted cash flow approach in the evaluation of investments in fixed capital
|
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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13 |
Real Option Pricing in investment projects |
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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14 |
Evaluation of the investment projects: Uncertainty assessment of conditions and the inflation environment, |
Reading the 6th chapter of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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15 |
Overview of the previous subjects |
Reading the relevant chapters of Investment Projects book |
Powerpoint slides, theorotical approaches, brainstorming |
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16/17 |
Final Exam |
Preperation for the exam |
Written exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
 Zeki Uslu, Yıldırım Beyazıt ÖNAL,Yatırım Projeleri, 2007
Öztin, Akgüç, Finansal Yönetim, 7.baskı, 1998
Sarıaslan, Halil; Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi, Turhan Yayıncılık, 1997.
Capital Budgeting and Investment Analysis, Alan C. Shapiro
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| |
| Required Course Material(s) |
www.kosgeb.org.tr
www.kobitek.org.tr
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
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Mid-term Exams (Written, Oral, etc.) |
1 |
60 |
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Homeworks/Projects/Others |
0 |
40 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
| |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
|
60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Has the ability to list, describe and explain the relationship between the terms which belong to financial management, accounting management, production management, marketing management, management organization and numerical methods. |
4 |
|
2 |
Has the ability to list,describe the basic theoretical models of business administration, and explain the aim of usage of the models; indicate the strength and weakness of each model and/or methods |
3 |
|
3 |
Determines the appropriate methods to solve the problems faced by the company. |
5 |
|
4 |
Implements business management methods through following the fundamental steps |
5 |
|
5 |
Uses the basic techniques of financial analysis to achieve the best result |
2 |
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6 |
Takes responsibility as an indivicual and/or as a part of a team, can lead and work effectively. |
5 |
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7 |
In recognition of the need for lifelong learning and continuous self-renewal, tracks the latest developments in the field of business administration. |
5 |
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8 |
Has ability to use different sources in academic circumstances , synthesize the information obtained in a new field of business administration and present effectively
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5 |
|
9 |
Uses Turkish and at least one foreign language in accordance with the requirements of academic life and work life. |
3 |
|
10 |
Has ability to inquire and apply the traditional methods,and ability to develop and implement new ways of working if necessary. |
5 |
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11 |
Has ability to research on the science of business administration, to form the basis for the decision-making process. |
4 |
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12 |
Has ability ro determine the business management approaches, application and methods which are appropriate for the business’s sector, growth, resources, culture, goals and aims. |
4 |
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13 |
Explains how to create the basic theoretical models of business and new management in literature and how to implement numarical and statistics methods. |
3 |
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14 |
Has the ability to explain and interpret the data which is obtained as a result of constitution/ application of theoretical models of business management. |
4 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
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Class Time (Exam weeks are excluded) |
14 |
3 |
42 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
4 |
56 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
1 |
1 |
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Final Exam |
1 |
1 |
1 |
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Total Workload: | 100 |
| Total Workload / 25 (h): | 4 |
| ECTS Credit: | 4 |
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