ENERGY SYSTEMS ENGINEERING
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	Fall	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)	Build up a body of knowledge in mathematics, science and Energy Systems Engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2)	Ability to identify, formulate, and solve complex Energy Systems Engineering problems; select and apply proper modeling and analysis methods for this purpose.
3)	Ability to design complex Energy systems, processes, devices or products under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose.
4)	Ability to devise, select, and use modern techniques and tools needed for solving complex problems in Energy Systems Engineering practice; employ information technologies effectively.
5)	Ability to design and conduct numerical or pysical experiments, collect data, analyze and interpret results for investigating the complex problems specific to Energy Systems Engineering.
6)	Ability to cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working on Energy Systems-related problems
7)	Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing. Write and understand reports, prepare design and production reports, deliver effective presentations, give and receive clear and understandable instructions.
8)	Recognize the need for life-long learning; show ability to access information, to follow developments in science and technology, and to continuously educate oneself.	3
9)	Develop an awareness of professional and ethical responsibility, and behave accordingly. Be informed about the standards used in Energy Systems Engineering applications.
10)	Learn about business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11)	Acquire knowledge about the effects of practices of Energys Systems Engineering on health, environment, security in universal and social scope, and the contemporary problems of Energys Systems engineering; is aware of the legal consequences of Energys Systems engineering solutions.