BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| TEXTILE AND FASHION DESIGN | |||||
| 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 |
| IB4613 | The New Trends and Techniques in International Trade Finance | 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: | Non-Departmental Elective |
| Course Level: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Assist. Prof. BAHAR KÖSEOĞLU |
| Course Lecturer(s): |
Dr. Öğr. Görevlisi SELDA EKE |
| Recommended Optional Program Components: | The Handbook of International Trade and Finance, The Complete Guide for International Sales, Finance, Shipping and Administration by Anders Grath,Dec.28,2013 |
| Course Objectives: | The aim of the course is to teach the students the basic trade finance concepts and instruments currently used in international trade activities. |
Learning Outcomes
|
The students who have succeeded in this course; 1. Understand the main risks in international trade, mainly credit risk and the methods to manage this risk 2. Learn some basic trade finance concepts such as pre shipment and post shipment finance and the role of the banks in trade finance from the perspective of a company's financial needs. 3. Have a general understanding of trade finance markets and learn about the products of different financial institutions 4. Learn how banking products would help to finance the working capital needs of the companies in conducting their trade activities 5. Learn the importance of delivery terms in managing delivery risks in international trade . 6. Understand how different payment methods would impose risks to the parties in international trade and how these risks are managed. 7. Understand how different payment methods would be used to manage the credit risk and that would be used to obtain finance for the parties in international trade. 8. Understand the alternative finance methods in addition to bank finance. 9. Understand the role of insurance in conducting international trade activities, especially how credit risks are managed through insurance and the market for it (i.e export credit insurance). 10.Enhance their understanding to judge the need to move from traditional trade finance to supply chain finance and to learn the main products in supply chain finance. 11. Explore the trade finance solutions and apply learnings to trade activities. |
Course Content
| This course examines new trends in international trade and finance and the effects of innovative techniques such as digitalization, sustainability and fintech on the business world. Students will have the opportunity to develop strategic decision-making skills by analyzing dynamic changes in global markets. The teaching methods of this course include lecture, case study, guest speaker, reading, discussion and individual study. |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | Introduction: The syllabus will be explained. ( the course objectives and learning objectives will be explained ) Overview of world trade activities and the parties in international trade. | |
| 2) | Trade credit risk and credit risk management Foreign currency risk and FCY risk management Other major risks the companies should manage in international trade activities. Determining the financing needs of the companies through the operating cycle of companies ; S/T bank loans ( pre - post shipment finance) | |
| 3) | Main documents in international trade Draft ( B/E ) as a payment instrument. Terms of delivery ( INCOTERMS) | |
| 4) | Methods of payment I : Open account (Cash against goods ) cash in advance Documentary Collection (D/A, D/P) Cases | |
| 5) | Methods of payment II : The letter of credit (L/C) Types of L/Cs. Case | |
| 6) | Bonds and guarantees ( guarantees used in commercial activities) Minicases Standby letters of credit Surety bond | |
| 7) | Wrap up | |
| 8) | Midterm | |
| 9) | Credit insurance : Export and domestic credit insurance The market for credit insurance ; private and public ( export credit agencies , E.C.A.s) Overseas investments and investment risks. Political risk insurance | |
| 10) | Factoring Minicase | |
| 11) | Forfaiting Minicase | |
| 12) | Financial Leasing Minicase | |
| 13) | Uluslarası ticaretin finasmanında dijitalleşme, gelecek için bir vizyon Özet | |
| 14) | Wrap up mini cases |
Sources
| Course Notes / Textbooks: | The Handbook of International Trade and Finance, The Complete Guide for International Sales, Finance, Shipping and Administration by Anders Grath,Dec.28,2013 |
| References: | The Handbook of International Trade and Finance, The Complete Guide for International Sales, Finance, Shipping and Administration, Anders Grath ( available in Bahçeşehir University library in hard copy and also online among resources ) -The Fundamentals of Trade Finance , Joseph Greco and Brian Murray ( available in Bahçeşehir library in hard copy ) -Finance of International Trade, Eric Bishop ( available online in Bahçeşehir University library online ) -International Trade Finance, Tarsem Singh Bhopal, Arun Kumar Trivedi ( available online in Bahçeşehir University library online |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 14 | % 5 |
| Quizzes | 1 | % 10 |
| Homework Assignments | 1 | % 20 |
| Midterms | 1 | % 25 |
| 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 |
| Application | 14 | 3 | 42 |
| Study Hours Out of Class | 6 | 9 | 54 |
| Homework Assignments | 1 | 8 | 8 |
| Quizzes | 1 | 1 | 1 |
| Midterms | 1 | 1 | 1 |
| Final | 1 | 2 | 2 |
| Total Workload | 150 | ||
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) | Understands the principles of artistic creation and basic design and applies the art and design objects he creates within this framework. | |
| 2) | Conducts the multifaceted research required for textile and fashion design processes and analyzes and interprets the results. | |
| 3) | Creates original and applicable fabric, clothing and pattern designs by using elements from different historical periods and cultures in accordance with his purpose. | |
| 4) | Recognizes textile raw materials and equipments. | |
| 5) | Uses computer programs effectively in the garment and fabric surface design process. | |
| 6) | Has professional technical knowledge regarding the implementation of clothing designs and production; In this context, recognizes and uses technological tools and equipment. | |
| 7) | Understands the importance of interdisciplinary interaction and communication in textile and clothing design-production-presentation processes and reflects this on the processes. | |
| 8) | Works in a programmed and disciplined manner in professional practices. | |
| 9) | Realizes the necessity of lifelong learning to maintain his productivity, creativity and professional competence. | |
| 10) | Understands, adopts and applies ethical responsibilities in professional practices; Has knowledge of relevant legal regulations. | |
| 11) | Establishes effective visual, written and verbal communication in the field of textile and fashion design. | |
| 12) | Reflects his knowledge on current and contemporary issues from all fields to his professional theoretical and practical studies on textile and clothing design; Understands the social and universal effects of these issues. | |
| 13) | Has sufficient awareness about social justice, environmental awareness, quality culture and protection of cultural values. |