ARCHITECTURE
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) Using the theoretical/conceptual and practical knowledge acquired for architectural design, design activities and research. 3
2) Identifying, defining and effectively discussing aesthetic, functional and structural requirements for solving design problems using critical thinking methods. 3
3) Being aware of the diversity of social patterns and user needs, values and behavioral norms, which are important inputs in the formation of the built environment, at local, regional, national and international scales.
4) Gaining knowledge and skills about architectural design methods that are focused on people and society, sensitive to natural and built environment in the field of architecture. 3
5) Gaining skills to understand the relationship between architecture and other disciplines, to be able to cooperate, to develop comprehensive projects; to take responsibility in independent studies and group work.
6) Giving importance to the protection of natural and cultural values in the design of the built environment by being aware of the responsibilities in terms of human rights and social interests.
7) Giving importance to sustainability in the solution of design problems and the use of natural and artificial resources by considering the social, cultural and environmental issues of architecture.
8) Being able to convey and communicate all kinds of conceptual and practical thoughts related to the field of architecture by using written, verbal and visual media and information technologies. 3
9) Gaining the ability to understand and use technical information about building technology such as structural systems, building materials, building service systems, construction systems, life safety.
10) Being aware of legal and ethical responsibilities in design and application processes.