INTERNATIONAL 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
IF4317	Treasury Management	Fall Spring	3	0	3	6

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction:	English
Type of course:	Departmental Elective
Course Level:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Dr. Öğr. Üyesi BAHAR KÖSEOĞLU
Recommended Optional Program Components:	None
Course Objectives:	A well estabilished treasury, which has gained the trust of the market, is one of the important departments that can help companies to get rid of the high cost of resource spiral. Treasury management should be structured to achieve these goals. Treasury management takes the support of the general assembly, board of directors and CEO, and evaluates the firm's liquidity in the spot and futures market. In the light of financial markets and new dynamics in which treasury operates, the financial instruments used in the world are examined and trading decisions are taken. The objectives in this direction are listed below; . To show the similarities and differences between the public treasury and the treasury structure and operation of public companies. • To minimize unexpected market effects during the borrowing of the firm, • Ensuring the diversity of the resources provided through borrowing, and creating a balanced maturity structure, . Reduce risk by diversifying securities in which the firm's liquid assets are invested, • Influencing the successful bond and commercial papers of the firm in the secondery markets, • Ensuring the coordination of resources provided by equity and borrowing, .By using forward- interest rate agreements (FRAs) in managing interest flows and managing interest rate risk, the company does not have the risk of labor or mitgate, .To ensure that the active passive desk located in the treasury unit works in collaboration with the middle office and back office, . To report to the regulatory outhority, to the CEO or to the Board of Director by examining the transactions performed in all three treasury office.

Learning Outcomes

The students who have succeeded in this course;
1.Understand the role and importance of the treasury management and the effects of compans' value creation
2.Understand the effects of liquid assets on the capital structure and benefiting from the leverage effects
3.determination of the effects of existing products and investments in new products, thus re-setting business profitability and the dividend policy
4.Reducing, preferably eliminating the destructive effects of spot and futures market investments with a successful risk analysis

Course Content

treasury management, risk analysis, the capital structure

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	The role of the Treasury management at a company or Bank Fixed Income, Prop Trading; TMU and Derivatives Desks
2)	Fixed income assets; tmu and derivative transactions
3)	Departments who cooperate with the Treasury at the Bank’s regular operations
4)	How does a TL funding desk operate?
5)	How does an FX funding desk operate?
6)	The Funding and position taking duties associated with the Fixed Income Desk
7)	Using the Bank’s balance sheet; costs associated with it.
8)	Introduction of the Treasury Marketing Unit which serves as the bridge between the branches and the Treasury
9)	midterm
10)	Position taking and market making in leveraged products, inl. the Hedging duty
11)	How does a deal go thru and effects the balance sheet of the Bank?
12)	Legal regulations related to treasury operations
13)	Restrictions playing a role in the positions to be taken
14)	The positions will be marked to market

Sources

Course Notes / Textbooks:

1)Steven M. Bragg, Treasury management, John Wiley& Sons, Inc., Last edition, New Jersey and Canada
2)Juan Zarate , TREASURY’S WAR: The Unleashing of a New Era of Financial Warfare , last edition.
3)Galen Burghardt, Terry Belton, THE TREASURY BOND BASIS:, An in-Depth Analysis for Hedgers, Speculators, and Arbitrageurs, McGraw-Hill , last edition.
4)Biagio Mazzi, TREASURY FINANCE AND DEVELOPMENT BANKING: A Guide to Credit, Debt, and Risk, last edition.
5) financial press and artical in journals

References:

None

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Presentation	1	% 20
Project	1	% 10
Midterms	1	% 30
Final	1	% 40
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	14	3	42
Study Hours Out of Class	14	1	14
Quizzes	5	45	225
Final	1	50	50
Total Workload			331

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)	To correctly identify the problems and to be able to ask the correct questions	3
2)	To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance	4
3)	To understand and grasp the full details of theoretical arguments and counter arguments	3
4)	To be fully prepared for a graduate study in finance and to have lifelong learning awareness	3
5)	To be able to apply theoretical principles of finance to the realities of practical business life	4
6)	To develop solutions for managerial problems by understanding the requirements of international financial markets	2
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	4
9)	To have the competencies of the digital age and to use the necessary financial applications	3
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	4
12)	To develop an objective criticism in business and academic life and having a perspective to self-criticize	3