INTERNATIONAL FINANCE | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
IF2222 | Corporate Finance II | Spring | 3 | 0 | 3 | 4 |
Language of instruction: | English |
Type of course: | Must Course |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Dr. Öğr. Üyesi BAHAR KÖSEOĞLU |
Course Lecturer(s): |
Prof. Dr. ÜMİT EROL Dr. Öğr. Üyesi HAKKI ÖZTÜRK |
Recommended Optional Program Components: | None |
Course Objectives: | The purpose of this course is to introduce basic concepts of financial management with special attention to corporate financial decisions. The course will focus on (1) the capital budgeting process, (2) dividend and capital structure policies of the firm, (3) the basics of risk management, (4) how derivatives can be used to hedge financial risks, (5) the rationale for mergers, different types of mergers, and merger analysis, (6) the pros and cons of the hybrids from the standpoints of both issuers and investors, how to determine when to use them, and the factors that affect their values |
The students who have succeeded in this course; I. Understands capital budgeting techniques to evaluate a firm’s investment opportunities II. Calculates a firm’s cost of capital III. Learns the impact of a firm’s dividend policy on its share value IV. Knows the impact of debt/equity decisions on a firm’s value V. Understands the difference between operating risk and financial risk VI. Learns how derivatives can be used for hedging VII. Understands the reasons for leasing VIII. Applies financial analysis techniques within a real life environment IX. Holds a basic knowledge about financial management |
Capital budgeting, cost of capital, financial leasing, financial analysis techniques, financial management |
Week | Subject | Related Preparation |
1) | Basic concepts of financial management | To read the related chapter in the text book |
2) | The Financial Environment: Markets, Institutions and Interest Rates | To read the related chapter in the text book |
3) | The Financial Environment: Markets, Institutions and Interest Rates | To read the related chapter in the text book |
4) | The Cost of Capital | To read the related chapter in the text book |
5) | Other topics in Capital Budgeting | To read the related chapter in the text book |
6) | Review | To study for the exam |
7) | Capital Structure and Leverage | To read the related chapter in the text book |
8) | Distributions to Shareholders: Dividends and Share Repurchases | To read the related chapter in the text book |
9) | Distributions to Shareholders: Dividends and Share Repurchases | To read the related chapter in the text book |
10) | Derivatives and Risk Management | To read the related chapter in the text book |
11) | Mergers and Acquisitions | To read the related chapter in the text book |
12) | Review | To study for the exam |
13) | Hybrid Financing: Preferred Stock, Leasing, Warrants and Convertibles | To read the related chapter in the text book |
14) | Hybrid Financing: Preferred Stock, Leasing, Warrants and Convertibles | To read the related chapter in the text book |
Course Notes / Textbooks: | Textbook / Required Material Brigham, Eugene F. and Joel F. Houston. Fundamentals of Financial Management, Thomson, South-Western, 10th Edition, 2004 |
References: | Mevcut değil. |
Semester Requirements | Number of Activities | Level of Contribution |
Midterms | 2 | % 60 |
Final | 1 | % 40 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 60 | |
PERCENTAGE OF FINAL WORK | % 40 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 14 | 3 | 42 |
Midterms | 2 | 15 | 30 |
Final | 1 | 35 | 35 |
Total Workload | 107 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | To correctly identify the problems and to be able to ask the correct questions | 5 |
2) | To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance | 5 |
3) | To understand and grasp the full details of theoretical arguments and counter arguments | 4 |
4) | To be fully prepared for a graduate study in finance and to have lifelong learning awareness | 5 |
5) | To be able to apply theoretical principles of finance to the realities of practical business life | 5 |
6) | To develop solutions for managerial problems by understanding the requirements of international financial markets | 4 |
7) | To think innovatively and creatively in complex situations | 4 |
8) | To be able to make decisions both locally and internationally by knowing the effects of globalization on business and social life | 3 |
9) | To have the competencies of the digital age and to use the necessary financial applications | 4 |
10) | To be able to use at least one foreign language both for communication and academic purposes | 3 |
11) | To understand the importance of business ethics and to take decisions by knowing the legal and ethical consequences of their activities in the academic world and business life | 3 |
12) | To develop an objective criticism in business and academic life and having a perspective to self-criticize | 3 |