BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| CAPITAL MARKETS AND FINANCE (ENGLISH, THESIS) | |||||
| Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 | ||
Course Introduction and Application Information
| 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. |
Basic information
| 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. |
Learning Outcomes
|
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. |
Course Content
| 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 |
Weekly Detailed Course Contents
| 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 |
Sources
| 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) |
Evaluation System
| 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 | |
ECTS / Workload Table
| 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 | |
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution |