Economics (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: MNG301
Course Name: Financial Management
Semester: Fall
Course Credits:
ECTS
5
Language of instruction: English
Course Condition:
Does the Course Require Work Experience?: No
Type of course: Compulsory Courses
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Prof. Dr. MİNE MUKADDES AFACAN FINDIKLI
Course Lecturer(s): Kadri Özgüneş
Course Assistants:

Course Objective and Content

Course Objectives: 1. To give the students a base level of finance knowledge.
2. To teach the students to develop rigorous theoretical arguments about finance related topics.
3. To teach the students to analyse common financial problems in practice.
4. To provide adequate preparation for future finance classes.
Course Content: This course begins with an overview of financial management and an overview of financial markets and continues with financial statement analysis. The subject of time value of money and bond valuation is about determining the cost of debt. Concepts of risk, return, and several asset pricing models help comprehend asset pricing methods in the market. Furthermore, behavioral finance topic is discussed. Several asset pricing models are about determining the cost of equity. By considering the cost of debt and the cost of equity together, the cost of capital and then, capital budgeting as well as working capital management and cash flow forecasts are discussed. Additionally, dividend theories and share repurchases, capital structure decisions, and overview of mergers & acquisitions topics are covered.

Learning Outcomes

The students who have succeeded in this course;
1) Have a base level of finance knowledge.
2) Develop rigorous theoretical arguments about finance related topics.
3) Analyse common financial problems in practice.
4) Be ready to take future finance classes.

Course Flow Plan

Week Subject Related Preparation
1) An Overview of Financial Management and Financial Markets
2) Financial Statement Analysis - 1
3) Financial Statement Analysis - 2
4) Time Value of Money
5) Bond Valuation
6) Risk, Return, and the Capital Asset Pricing Model; Portfolio Theory, Asset Pricing Models, and Behavioral Finance
7) Stocks and Stock Valuation
8) MIDTERM
9) Cost of Capital
10) Working Capital Management
11) Cash Flow Forecasts
12) Capital Budgeting
13) Dividend Theories and Share Repurchases; Capital Structure Decisions
14) An Overview of Mergers & Acquisitions
15) Final Exam

Sources

Course Notes / Textbooks: Brigham, E.F. and M.C. Ehrhardt, Financial Management: Theory and Practice, 13th Edition, South-Western CENGAGE Learning, 2011
References: Lecture Notes

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3

4

Program Outcomes
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics.
2) They have knowledge and skill about different functions and interactions of economy.
3) They use different theoretical approaches to comprehend and solve various economic problems.
4) They are aware of the needs of society and use their knowledge of economics to meet these needs.
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy.
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy.
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively.
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education.
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship.
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law.
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them.
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms.
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License .

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics.
2) They have knowledge and skill about different functions and interactions of economy.
3) They use different theoretical approaches to comprehend and solve various economic problems.
4) They are aware of the needs of society and use their knowledge of economics to meet these needs.
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy.
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy.
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively.
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education.
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship.
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law.
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them.
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms.
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License .

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 10
Quizzes 2 % 20
Midterms 1 % 30
Final 1 % 40
total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Workload
Course Hours 14 70
Quizzes 2 14
Midterms 1 14
Final 1 27
Total Workload 125