LOGISTICS (TURKISH)
Associate	TR-NQF-HE: Level 5	QF-EHEA: Short Cycle	EQF-LLL: Level 5

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
IF1512	Introduction to Finance	Spring	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:	Non-Departmental Elective
Course Level:	Associate (Short Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Dr. Öğr. Üyesi BAHAR KÖSEOĞLU
Course Lecturer(s):	Prof. Dr. NİYAZİ BERK
Recommended Optional Program Components:	None
Course Objectives:	This is the first course in finance in the department of international finance. This course aims to provide a fundamental background for the future finance courses. This course is an introduction to capital markets and corporate finance. The objective is to introduce the student to basic concepts of financial management of a corporation and capital markets. Upon completion of this course, the student is expected to learn the major concepts of finance and most importantly to think logically and systematically in financial terms.

Learning Outcomes

The students who have succeeded in this course;
I.to be able to learn organization of a firm.
to be able to identify shareholder wealth maximization, principal agent problem
II.to be able to understand how financial markets work
III.to be able to establish basic concepts of financial markets and institutions
IV.to be able to learn time value of money, present value and future value.
V. to be able to understand how securities are priced in financial markets.
VI.to be able to learn the major concepts of finance

Course Content

organization of a firm, principal agent problem, financial markets work, financial markets and institutions, time value of money, pricing

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Types of Business Entity, Organization of Corporate Firm, The Role of Financial Management, Financial Management Decisions
2)	The Goals of the Firm, Profit Maximization and Shareholder Wealth Maximization, Principal-agent Problem, Agency Costs, Asymmetry of Information, Shareholder, Stakeholder.
3)	Financial Environment: Markets, Institutions, and Interest Rates
4)	Financial System, Capital Markets, Money Markets, Primary versus Secondary Markets, Financial Institutions, Financial Instruments.
5)	Basic Financial Statements of a Firm: Balance Sheet Identity, Assets, Liabilities, Equity
6)	Overview of Income Statement, Concepts of EBIT and Net Profit.
7)	Interest Rates, Real versus Nominal Rates, Simple Interest Rates, Compunded Interest Rates.
8)	Time Value of Money, Opprtunity Cost, Present and Future Value
9)	Annuity and Perpetuity, Compounding, Concepts of Risk, Rate of Return and Discount Factor.
10)	More on Annuity and Perpetuity, Annuity Tables, Finding the Number of Periods.
11)	Characteristics of Bills, How Bills are Bought and Sold, The Valuation of Bills
12)	Features of Bonds, How Bonds are Bought and Sold, Pricing of Bonds. The Relationship Between Bond Prices and Interest Rates.
13)	Characteristics of Stocks, Capital Gain, Dividend Gain, Common Stocks, Preferred Stocks.
14)	How Common Stocks Are Traded, Logic Behind The Pricing of Stocks, Capitalization Rate.

Sources

Course Notes / Textbooks:	Essentials of Corporate Finance by Ross, Westerfield and Jordan, Sixth Edition.
References:	Mevcut değil

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Homework Assignments	1	% 10
Midterms	2	% 40
Final	1	% 50
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	14	3	42
Homework Assignments	1	30	30
Midterms	2	40	80
Final	1	40	40
Total Workload			192

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)	To have knowledge about logistics operations and the basic legislation
2)	To have knowledge about the politics, corporations and the developments in logistics.
3)	To have knowledge about the economical life and the basic features of the enterprises that take place in logistics sector.
4)	To have knowledge about the documents that are used in logistics and how to prepare them.
5)	To have knowledge about the new marketing and sales techniques and the principles of opening to new markets.
6)	To have knowledge and consciousness about the job security, worker health and environment protection in logistics sector.
7)	To have knowledge and consciousness about the basic legal attainments, social responsibility, ethics and social security rights in logistics.
8)	To be involved in communication network in logistics sector and follow the developments.	2
9)	To have the ability to comment and evaluate the classical and current theories by taking into account the developments in logistics and supply chain areas.
10)	To have the basic knowledge about foreign trade and customs legislation.
11)	To have knowledge about relationship between foreign trade and logistics management.
12)	To have basic knowledge in at least one foreign language.
13)	He/she can use information and communication tecnologies that necessary for their area, follows technological change and applies new technologies to business system.