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| Course Description |
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| Course Name |
: |
Theory of Finance and Intitutional Financing |
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| Course Code |
: |
MG11 701 |
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| Course Type |
: |
Compulsory |
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| Level of Course |
: |
Second Cycle |
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| Year of Study |
: |
1 |
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| Course Semester |
: |
Fall (16 Weeks) |
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| ECTS |
: |
6 |
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| Name of Lecturer(s) |
: |
Asst.Prof.Dr. GAMZE VURAL
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| Learning Outcomes of the Course |
: |
To be able to calculate the time value of money
To be able to list different capital budgeting techniques and make the necessary calculations
To be able to know about the components of companies´ capital structure and evaluates the theoretical approaches related to the optimal capital structure
To be able to calculate the weighted average cost of capital
To be bale to analyse the dividend policies of companies
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| Mode of Delivery |
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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 focus on how firms achieve the goal of maximizing the value of the firm and how they make the financial decisions to achieve that goal. |
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| Course Contents |
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In this course, fundamental issues of finance such as mathematics of finance, capital budgeting, cost of capital and dividend policy are discussed. |
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| Language of Instruction |
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Turkish |
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| Work Place |
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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 goal of financial management and its functions |
Reading the first chapter of the book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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2 |
The position of the financial manager in financial markets |
Reading the first chapter of the relevant book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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3 |
Financial Tables |
Reading the second chapter of the relevant book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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4 |
Risk and Expected Return |
Reading the ninth chapter of the relevant book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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5 |
Time value of money |
Reading the relevant book and the lecturer´s own course notes |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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6 |
Time value of money-2 |
Reading the relevant chapter and the lecturer´s own course notes |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
|
7 |
Capital Budgeting: Dynamic Techniques |
Reading the relevant chapter and the lecturer´s own course notes |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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8 |
Midterm Exam |
Preparation for the exam |
Written exam |
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9 |
Capital Budgeting: Static Techniques |
Reading the relevant chapter of the book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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10 |
Capital Budgeting: Evaluation of risky projects |
Reading the relevant chapter of the book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
|
11 |
Cost of Capital |
Reading the relevant chapter of the book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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12 |
Cost of Capital-2 |
Reading the relevant chapter of the book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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13 |
Capital Structure Decisions |
Reading the relevant chapter |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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14 |
Dividend Policy |
Reading the relevant chapter and the lecturer´s own course notes |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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15 |
Reviewing the topics covered |
Reviewing the topics covered |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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16/17 |
Final Exams |
Preparation for the exam |
Written exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
 Finansal Yönetim-Öztin Akgüç
Finansal Yönetim-Serpil Canbaş, Gamze Vural
Finansal Pazarlar, Finansal Kurumlar, Sermaye Pazarı Analizleri- Serpil Canbaş, Hatice Doğukanlı
İşletme Finansının Temelleri, Richard A. Breadley, Stewart C. Myers, Alan J. Marcus (Çevirenler: Ünal Bozkurt, Türkân Arıkan, Hatice Doğukanlı)
Pamela P. Peterson, Financial Management And Analysis
James Van Horne, Financial Management And Policy
İşletme Finansmanı-Excel Çözümlü Örneklerle, Hatice Gereklioğlu Düzakın
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| |
| Required Course Material(s) | |
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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
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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 |
Defines the basic theoretical models and numerical methods of finance function and describes the intended use. Indicates each model´s weak and strong aspects. |
4 |
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2 |
Analyses strategic and operational plans for financial companies, and creates sufficient knowledge to find solutions to the problems that might arise. |
4 |
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3 |
Explains how to create theoretical models to be used in financial management and how to apply quantitative and statistical methods. |
3 |
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4 |
It teaches how to interpret the findings obtained by the application of theoretical models, quantitative and statistical methods used in financial management. |
3 |
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5 |
Determines the appropriate methods to solve the problems encountered in business. |
5 |
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6 |
Enables financial organizations to reach the most appropriate conclusion with an accurate analysis of the basic financial statements. |
5 |
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7 |
It encourages to take responsibility individually and/or in a team, to lead and to work effectively. |
5 |
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8 |
Is aware of the need for lifelong learning, keeps track of the latest developments in the field and constantly develops professional knowledge and skills . |
5 |
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9 |
It teaches to exploit different sources in a new field in accordance with academic rules, to synthesize and effectively present the information obtained. |
5 |
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10 |
It supports the use of Turkish and at least one foreign language in accordance with the requirements of academic and working life. |
4 |
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11 |
Questions the methods of traditional approach; develops and implements new approaches when needed. |
5 |
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12 |
Identifies the most appropriate approach to financial management by taking into account the goals and objectives of the banking sector, its size, resources, culture and objectives. |
3 |
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13 |
By introducing comprehensive information about Capital Markets, their tools and institutions, it helps the person to utilize his comprehensive knowledge about BIST and the World Stock Exchanges in the best way in the field. |
3 |
| * 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 |
6 |
84 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
10 |
10 |
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Final Exam |
1 |
10 |
10 |
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Total Workload: | 146 |
| Total Workload / 25 (h): | 5.84 |
| ECTS Credit: | 6 |
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