BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| PERFORMING ARTS | |||||
| 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 Fall |
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: | |
| Course Coordinator : | Prof. Dr. ELA ÜNLER |
| Course Lecturer(s): |
Instructor 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: | Enabling the students who would work in financial services industry or in manufacturing industry or in foreign trade industry to learn the basic trade finance concepts and instruments applicable in international trade activities with a risk management approach and to make them aware of the current trends so that they could assess the changing landscape of trade finance markets. |
Learning Outcomes
|
The students who have succeeded in this course; 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 and the role of the banks in trade finance from the perspective of covering companies' 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 terms would be used to manage 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 the main products in supply chain finance . 11. Explore the trade finance solutions and apply their learnings to trade activities. 12. Use media techniques ( zoom, teams etc.) effectively to share their views and to create an active collaboration with their friends and the lecturer throughout the presentations in the virtual classrooms and online discussion forums . |
Course Content
| Introduction :An overview of the developments in the world trade in the context of risk management Definition of various risks in international trade and the concept of trade finance : Product risks, manufacturing risks, transport risks, commercial risks, political risks, business risks, financial risks ( market risks, credit risks and liquidty risks) Preshipment and postshipment risks and financing needs Working capital finance and trade finance Terms of delivery and main documents in international trade : Major delivery terms Main documents used in international trade activities Policy as a payment instrument Terms of payment : Open account ( cash against goods) , documentary collection ( cash against documents ) and letter of credit ( types of L/C) Bonds and guarantees : Common forms of guarantees (contract guarantees, payment and credit guarantees) Standby letters of credit Guarantees used in trade activities Surety Some cases and applications Mid -term Credit insurance :Export credit insurance The private sector and public sector applications, products Export credit agencies ( ECAs) Investment risks ( Political risk insurance) Application and case study Trade finance alternatives I :Supplier credits Refinancing of supplier credits Invoice discounting Export factoring Buyer credits Trade finance alternatives II :Forfaiting International leasing, cross border leasing,export leasing" Supply chain finance :Definition of supply chain and risks in supply chain Bank Payment Pbligations (BPO) Structured trade finance :Receivables finance vs traditional payment instruments Asset backed securitization ( ABS) Commodity finance Currency risk management :Spot and forward transactions Futures markets and transactions Currency risk management :Futures Option contracts Evaluation of the course content :Cases and applications |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | 1)Introduction :An overview of the developments in the world trade in the context of risk management | |
| 2) | 2)Definition of various risks in international trade and the concept of trade finance : Product risks, manufacturing risks, transport risks, commercial risks, political risks, business risks, financial risks ( market risks, credit risks and liquidty risks) Preshipment and postshipment risks and financing needsWorking capital finance and trade finance | |
| 3) | 3)"Terms of delivery and main documents in international trade : Major delivery terms Main documents used in international trade activities,Policy as a payment instrument | |
| 4) | 4)Terms of payment : Open account ( cash against goods) , documentary collection ( cash against documents ) and letter of credit ( types of L/C) | |
| 5) | 5)Bonds and guarantees : Common forms of guarantees (contract guarantees, payment and credit guarantees)Standby letters of credit Guarantees used in trade activities ,SuretySome cases and applications | |
| 6) | 6) Mid -term | |
| 7) | 7)Credit insurance :Export credit insurance The private sector and public sector applications, products Export credit agencies ( ECAs) Investment risks ( Political risk insurance) Application and case study | |
| 8) | 8)Trade finance alternatives I :Supplier credits Refinancing of supplier credits Invoice discounting Export factoring Buyer credits | |
| 9) | 9)Trade finance alternatives II :Forfaiting International leasing, cross border leasing,export leasing | |
| 10) | 10)Supply chain finance :Definition of supply chain and risks in supply chain Bank Payment Pbligations (BPO) | |
| 11) | 11) "Structured trade finance :Receivables finance vs traditional payment instruments Asset backed securitization ( ABS) Commodity finance | |
| 12) | 12) Currency risk management :Spot and forward transactions Futures markets and transactions | |
| 13) | 13) Döviz Riski Yönetimi :Futures Opsiyon İşlemleri" | |
| 14) | 14) Evaluation of the course content :Cases and applications |
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: |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 14 | % 0 |
| Presentation | 1 | % 40 |
| Midterms | 1 | % 20 |
| 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 | 1 | 30 | 30 |
| Midterms | 1 | 20 | 20 |
| Final | 14 | 1 | 14 |
| Total Workload | 148 | ||
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) | They acquire theoretical, historical and aesthetic knowledge specific to their field by using methods and techniques related to performing arts (acting, dance, music, etc.). | 2 |
| 2) | They have knowledge about art culture and aesthetics and they provide the unity of theory and practice in their field. | 2 |
| 3) | They are aware of national and international values in performing arts. | 2 |
| 4) | Abstract and concrete concepts of performing arts; can transform it into creative thinking, innovative and original works. | 1 |
| 5) | They have the sensitivity to run a business successfully in their field. | 3 |
| 6) | Develops the ability to perceive, think, design and implement multidimensional from local to universal. | 3 |
| 7) | They have knowledge about the disciplines that the performing arts field is related to and can evaluate the interaction of the sub-disciplines within their field. | 2 |
| 8) | They develop the ability to perceive, design, and apply multidimensionality by having knowledge about artistic criticism methods. | 3 |
| 9) | They can share original works related to their field with the society and evaluate their results and question their own work by using critical methods. | 1 |
| 10) | They follow English language resources related to their field and can communicate with foreign colleagues in their field. | 1 |
| 11) | By becoming aware of national and international values in the field of performing arts, they can transform abstract and concrete concepts into creative thinking, innovative and original works. | 3 |
| 12) | They can produce original works within the framework of an interdisciplinary understanding of art. | 2 |
| 13) | Within the framework of the Performing Arts Program and the units within it, they become individuals who are equipped to take part in the universal platform in their field. | 3 |
| 14) | Within the Performing Arts Program, according to the field of study; have competent technical knowledge in the field of acting and musical theater. | 2 |
| 15) | They use information and communication technologies together with computer software that is at least at the Advanced Level of the European Computer Use License as required by the field. | 3 |