| MBA (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 |
| FIN5228 | Financial Management | Fall | 3 | 0 | 3 | 8 |
| 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 Dr. Öğr. Üyesi AYŞE DİLARA ALTIOK YILMAZ Instructor AYSE ERTUĞRUL BAYKAN |
| Recommended Optional Program Components: | None |
| Course Objectives: | The purpose of this course is to introduce concepts of financial management with special attention to corporate financial decisions. The course will focus on (1) the capital budgeting process, (2) dividend and capital structure policies of the firm, (3) the basics of risk management, (4) how derivatives can be used to hedge financial risks, (5) the rationale for mergers, different types of mergers, and merger analysis, (6) the pros and cons of the hybrids from the standpoints of both issuers and investors, how to determine when to use them, and the factors that affect their values |
|
The students who have succeeded in this course; I. Understands capital budgeting techniques to evaluate a firm’s investment opportunities II. Calculates a firm’s cost of capital III. Learns the impact of a firm’s dividend policy on its share value IV. Knows the impact of debt/equity decisions on a firm’s value V. Understands the difference between operating risk and financial risk VI. Learns how derivatives can be used for hedging VII. Understands the reasons for leasing VIII. Applies financial analysis techniques within a real life environment IX. Holds a basic knowledge about financial management |
| 1th Week: Basic concepts of financial management 2nd Week: The Financial Environment: Markets, Institutions and Interest Rates 3rd Week: Stock Valuation 4th Week: The Cost of Capital 5th Week: Other topics in Capital Budgeting 6th Week: Midterm I 7th Week: Capital Structure and Leverage 8th Week: Distributions to Shareholders: Dividends and Share Repurchases 9th Week: Distributions to Shareholders: Dividends and Share Repurchases 10th Week: Derivatives and Risk Management 11th Week: Mergers and Acquisitions 12th Week: Midterm II 13th Week: Hybrid Financing: Preferred Stock, Leasing, Warrants and Convertibles 14th Week: Hybrid Financing: Preferred Stock, Leasing, Warrants and Convertibles |
| Week | Subject | Related Preparation |
| 1) | Basic concepts of financial management | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 2) | The Financial Environment: Markets, Institutions and Interest Rates | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 3) | Stock Valuation | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 4) | The Cost of Capital | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 5) | Other topics in Capital Budgeting | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 6) | Midterm I | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 7) | Capital Structure and Leverage | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 8) | Distributions to Shareholders: Dividends and Share Repurchases | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 9) | Distributions to Shareholders: Dividends and Share Repurchases | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 10) | Derivatives and Risk Management | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 11) | Mergers and Acquisitions | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 12) | Midterm II | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 13) | Hybrid Financing: Preferred Stock, Leasing, Warrants and Convertibles | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| 14) | Hybrid Financing: Preferred Stock, Leasing, Warrants and Convertibles | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008 |
| Course Notes / Textbooks: | Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008. |
| References: | . |
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 2 | % 60 |
| Final | 1 | % 40 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 60 | |
| PERCENTAGE OF FINAL WORK | % 40 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload |
| Course Hours | 14 | 42 |
| Study Hours Out of Class | 15 | 152 |
| Midterms | 2 | 4 |
| Final | 1 | 2 |
| Total Workload | 200 | |
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 0) | Developing strategies, policies and implementation plans to address the issues in the fields of business administration and management, and evaluating the consequences according to the processes of quality, | |
| 1) | Broadening and deepening the knowledge about business administration at the master’s level based on the undergraduate level qualifications, | |
| 1) | 1) Developing strategies, policies and implementation plans to address the issues in the fields of business administration and management, and evaluating the consequences according to the processes of quality, 2) Broadening and deepening the knowledge about business administration at the master’s level based on the undergraduate level qualifications, 3) Comprehending the interaction across various disciplines related to the field of business administration, and evaluating the knowledge and skills gained on an interdisciplinary dimension, 4) Using theoretical and practical information and skills gained at the expertise level in the field business administration, 5) Analyzing problems requiring expertise in the field business administration by using scientific research methods, 6) Evaluating a problem in the business administration field independently, developing a way for solution, solving the problem and evaluating the results, 7) Developing new strategic approaches to solve unforeseen complex issues in the business administration field through integrative and creative elaboration, 8) Evaluating the knowledge related to the field of business administration through critical perspective, 9) Communicating systematically the recent developments and one’s individual studies in the field of business administration to the groups within and outside the field via written, oral and visual presentations, 10) Analyzing the social relations and the norms through critical perspective, developing effective relations, training leaders who are capable of sustaining these social relations, applying teamwork and managing risk and change in the field of business administration. | |
| 2) | Comprehending the interaction across various disciplines related to the field of business administration, and evaluating the knowledge and skills gained on an interdisciplinary dimension, | |
| 3) | Using theoretical and practical information and skills gained at the expertise level in the field business administration, | |
| 4) | Analyzing problems requiring expertise in the field business administration by using scientific research methods, | |
| 5) | Evaluating a problem in the business administration field independently, developing a way for solution, solving the problem and evaluating the results, | |
| 6) | Developing new strategic approaches to solve unforeseen complex issues in the business administration field through integrative and creative elaboration, | |
| 7) | Evaluating the knowledge related to the field of business administration through critical perspective, | |
| 8) | Communicating systematically the recent developments and one’s individual studies in the field of business administration to the groups within and outside the field via written, oral and visual presentations, | |
| 9) | Analyzing the social relations and the norms through critical perspective, developing effective relations, training leaders who are capable of sustaining these social relations, applying teamwork and managing risk and change in the field of business administration. |