FINANCIAL TECHNOLOGY (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
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.

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
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

Learning Outcomes

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

Course Content

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

Weekly Detailed Course Contents

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

Sources

Course Notes / Textbooks: Ross, Stephen A., Randolph W. Westerfield, and Bradford D. Jordan, Corporate Finance Fundamentals, Mc Graw Hill, 8th Edition, 2008.
References: .

Evaluation System

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

ECTS / Workload Table

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

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution