BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| ECONOMICS AND FINANCE | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course Introduction and Application Information
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| IF2222 | Corporate Finance II | Spring | 3 | 0 | 3 | 4 |
Basic information
| 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 |
Learning Outcomes
|
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 |
Course Content
| Capital budgeting, cost of capital, financial leasing, financial analysis techniques, financial management |
Weekly Detailed Course Contents
| 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 |
Sources
| 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. |
Evaluation System
| 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 | |
ECTS / Workload Table
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Midterms | 2 | 15 | 30 |
| Final | 1 | 35 | 35 |
| Total Workload | 107 | ||
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 4 |
| 2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 4 |
| 3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 4 |
| 4) | Analyze the interventions of politics to the economics and vice versa. | 3 |
| 5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 3 |
| 6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 3 |
| 7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 4 |
| 8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 5 |
| 9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 4 |
| 10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 5 |