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Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
IF2221	Corporate Finance I	Spring	3	0	3	4

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:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Assist. Prof. BAHAR KÖSEOĞLU
Course Lecturer(s):	Prof. Dr. NİYAZİ BERK Prof. Dr. HAKKI ÖZTÜRK
Recommended Optional Program Components:	None
Course Objectives:	This is the first course of two consecutive corporate finance courses in the second year which aims to provide the student with the basic tools for making financial decisions. This course will introduce the student to basic financial theory and concepts of corporate finance. This course will also ensure an understanding of relationship between financial theory and its practices. The student is expected to learn all the basic tenets of financial management at the end of these two courses. In this course, more of the emphasis will be on financial algebra, the logic behind the valuation of fixed and variable income securities and basic financial ratios.

Learning Outcomes

The students who have succeeded in this course;
1. Gain comprehensive knowledge of the basic tenets of corporate finance
2. Learn financial algebra
3. Understood the valuation of fixed income securities
4. Acquired extensive knowledge of common stocks and dividend discount model
5. Analyse balance sheet and income statement

Course Content

corporate finance, financial statements, financial leverage and operating leverage, pricing of securities
Teaching methods of the course are “Lecture, Individual Study, Reading, Problem Solving, Discussion”

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Course Overview, Review of the Syllabus, and course requirement
2)	Interest Rates: Real versus Nominal Simple and Compounded Interest Rates
3)	Factors that Determine Interest Rates Time Value of Money, Present and Future Value
4)	Annuity and Perpetuity, Concepts of Risk, Return and Discount Factor
5)	What is Corporate Finance? Forms of Business Organization, The Goal of Financial Management, The Agency Problem, Shareholder Wealth Maximization, Financial Markets and the Corporation
6)	Valuation of Fixed Income Securities Characteristics of Bonds and T-Bills, The Valuation of Bonds and T-bills, The Relationship Between Bond Prices and Interest Rates
7)	Valuation of Fixed Income Securities Characteristics of Bonds and T-Bills, The Valuation of Bonds and T-bills, The Relationship Between Bond Prices and Interest Rates
8)	Midterm
9)	Valuation of Common Stocks How Common Stocks Are Traded, Basic Characteristics of Stocks, Preferred Stocks, Capitalization Rate, The Basic Issues about Common Stock Valuation
10)	Dividend Based Stock Valuation Models, Gordon Dividend Growth Model
11)	Overview of Financial Statements The Balance Sheet:Assets, Liabilities and Equity, Net Working Capital, Debt versus Equity Financing, Income Statement
12)	Some Primary Concepts: Market Value, Book Value, Nominal Value, Asset Value, Net Asset Value Basic Finacial Ratios
13)	Short Term Financial Management and Working Capital Management Short Term Financial Planning
14)	Some Aspects of Short-Term Financial Policy, Short Term Borrowing, Cash Management, Credit and Receivables, Inventory Management

Sources

Course Notes / Textbooks:	Principles of Corporate Finance by Brealey and Myres, 7th Edition. Essentials of Corporate Finance by Ross, Westerfield and Jordan, 6th Edition. Finansal Yönetim by Prof. Dr. Niyazi Berk (Turkish Book)
References:	Other required documents will be uploaded in ITSLearning.

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 50
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	13	3	39
Study Hours Out of Class	14	4	56
Midterms	1	2.5	2.5
Final	1	2.5	2.5
Total Workload			100

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 prepare students to become communication professionals by focusing on strategic thinking, professional writing, ethical practices, and the innovative use of both traditional and new media	2
2)	To be able to explain and define problems related to the relationship between facts and phenomena in areas such as Advertising, Persuasive Communication, and Brand Management
3)	To critically discuss and interpret theories, concepts, methods, tools, and ideas in the field of advertising
4)	To be able to follow and interpret innovations in the field of advertising
5)	To demonstrate a scientific perspective in line with the topics they are curious about in the field.
6)	To address and solve the needs and problems of the field through the developed scientific perspective
7)	To recognize and understand all the dynamics within the field of advertising
8)	To analyze and develop solutions to problems encountered in the practical field of advertising