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| Course Description |
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| Course Name |
: |
International Financing and Financial Systems |
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| Course Code |
: |
MG11 710 |
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| Course Type |
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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) |
: |
Prof.Dr. HATİCE DOĞUKANLI
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| Learning Outcomes of the Course |
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To be able to understand the international monetary system and economic framework
To be able to forecast foreign exchange rates and manage foreign exchange
To be able to use the various forms of financial instruments available for risk management
To be able to classify international investments
To be able to follow and comment on international economic developments
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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 objectives of this course are to provide information about how the international markets, interest rates, exchange rates and commodity price developments would affect the decisions of firms, and to teach how to avoid the adverse developments and how to benefit from the positive developments in financial markets |
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| Course Contents |
: |
In this course, the basic theories of the international financial system, exchange rates, and risk management tools are discussed. |
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| Language of Instruction |
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Turkish |
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| Work Place |
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IIBF |
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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 |
Fundamental issues in international finance and International Monetary Arrangements |
Reading the first chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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2 |
Balance of Payments |
Reading the 3rd chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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3 |
Foreign Exchange, Spot and Forward Market Transactions |
Reading the 4th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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4 |
Speculation and Arbitrage on Changes in the Levels of Currencies |
Reading the 4th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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5 |
Exchange Rate Relationships; Purchasing Power Parity, Interest Rate Parity |
Reading the 4th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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6 |
Factors Affecting the Exchange Rate and Forcasting Techniques |
Reading the 6th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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7 |
Risk Minimazing Hedging; Derivatives |
Reading the 7th chapter of International Finance book |
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 |
Currency, Interest Rate and Commodity Swaps |
Reading the 8th chapter of International Finance book |
Powerpoint Slides, Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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10 |
Currency Options |
Reading the 9th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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11 |
Using Currency Forward Hedging |
Reading the 10th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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12 |
Exposure Measurement and Management; Measuring the Exposure of a Business |
Reading the 11th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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13 |
Accounting Measures of Exposure |
Reading the 12th chapter of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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14 |
International investments: direct investment, portfolio investment |
Reading the 13th and the 15th chapters of International Finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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15 |
Overview of the topics covered |
Revising of the relevant chapters of internetional finance book |
Presentation of theoretical approaches, powerpoint slides, giving current examples, solving problems on the board, discussion |
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16/17 |
Final exam |
Preparation for the exam |
Written exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
 Uluslar arası Finans, Hatice Doğukanlı
Uluslar arası Finans, Halil Seyidoğlu
Multinational Business Finance, Eiteman ve Stonehill
Multinational Finance, Adrian Buckley
İnternational Finance, Mavrice D.Levi
Uluslararası Finansal Yonetim-Jeff Madura (Ceviri Editoru :Hatice Dogukanlı)
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| |
| Required Course Material(s) |
TCMB’nın Ödemeler Dengesi ve Döviz Kurları Raporları
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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. |
2 |
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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. |
2 |
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5 |
Determines the appropriate methods to solve the problems encountered in business. |
4 |
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6 |
Enables financial organizations to reach the most appropriate conclusion with an accurate analysis of the basic financial statements. |
4 |
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7 |
It encourages to take responsibility individually and/or in a team, to lead and to work effectively. |
4 |
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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. |
3 |
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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. |
1 |
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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. |
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 |
|
Class Time (Exam weeks are excluded) |
14 |
3 |
42 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
8 |
112 |
| 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: | 156 |
| Total Workload / 25 (h): | 6.24 |
| ECTS Credit: | 6 |
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