CAPITAL MARKETS AND FINANCE (ENGLISH, NON-THESIS) | |||||
Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
FIN5235 | Fundamental Analysis | Spring | 3 | 0 | 3 | 7 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Departmental Elective |
Course Level: | |
Mode of Delivery: | Face to face |
Course Coordinator : | HANDE SAĞLAM |
Course Lecturer(s): |
Prof. Dr. MURAT AKBALIK |
Recommended Optional Program Components: | None |
Course Objectives: | Use fundamental analysis to make investment decisions. Analyze financial statements as part of the investment decision-making process. Calculate different share values. Describe the different fair value calculation methods. |
The students who have succeeded in this course; During this course, participants will learn how to analyze corporate financial statements and forecast future corporate earnings, in order to determine the fair market value of company shares. |
The Importance of Fundamental Analysis in Investment Decision-making; The difference between fundamental and technical analysis; Basic procedures for fundamental analysis; Financial Statements: the Income Statement, Balance Sheet and Cash Flow Statement; The Different Share Values; The nominal value; The book value; The Different Methods of Calculating the Fair Value; The discounted cash flow method; The discounted distributions method; Using the relative weight for weighting the fair value; Comparing the fair value with the market value to make investment decisions |
Week | Subject | Related Preparation |
1) | Introduction to Securities Analysis | |
1) | Alternative Valuation Models - Cont. | |
2) | Forecasting Financial Data | |
3) | Cash and Free Cash Flow | |
4) | Cash and Free Cash Flow (Cont.) | |
5) | Pro Forma Financial Statements and Forecasting Financial Data | |
6) | Pro Forma Financial Statements and Forecasting Financial Data - Cont. | |
7) | Mid Term | |
8) | Valuation – Adjusted Present Value | |
9) | Valuation – Taxes | |
10) | Alternative Valuation Models | |
11) | Earnings per Share and Alternative Valuation Models | |
12) | Credit Analysis | |
13) | Compensatory Stock Options | |
14) | Special Topics and Course Wrap-Up |
Course Notes / Textbooks: | Valuation - Measuring and Managing the Value of Companies, Koller, Goedhart and Wessels, 4th edition (the 3rd edition, where the authors are listed as Copeland, Koller, and Murrin) |
References: | Valuation - Measuring and Managing the Value of Companies, Koller, Goedhart and Wessels, 4th edition (the 3rd edition, where the authors are listed as Copeland, Koller, and Murrin) |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | 10 | % 10 |
Homework Assignments | 2 | % 10 |
Midterms | 1 | % 30 |
Final | 1 | % 50 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 50 | |
PERCENTAGE OF FINAL WORK | % 50 | |
Total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 14 | 42 |
Application | 14 | 84 |
Study Hours Out of Class | 14 | 42 |
Homework Assignments | 2 | 20 |
Midterms | 1 | 6 |
Final | 1 | 6 |
Total Workload | 200 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Identify complex problems and arguments and analyze those using the theoretical tools and quantitative methods of economics and finance. | 4 |
2) | Provides a strong conceptual understanding of finance, combined with an understanding of the workings of financial markets and institutions. | 3 |
3) | The program ensures an understanding of relationship between financial theory and its practices. | 2 |