INTERNATIONAL FINANCE | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
IF3312 | International Business Finance and Multinational Companies | Fall Spring |
3 | 0 | 3 | 6 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Dr. Öğr. Üyesi BAHAR KÖSEOĞLU |
Course Lecturer(s): |
Dr. Öğr. Üyesi AYŞE DİLARA ALTIOK YILMAZ Dr. Öğr. Üyesi BAHAR KÖSEOĞLU |
Recommended Optional Program Components: | None |
Course Objectives: | This course considers financial issues associated with the operation of a firm in the international environment. The course will focus on the three complications that make corporate financial decision making more complex for internationally oriented firms than purely domestic firms, namely exchange rates, international taxation, and geographic/political risk. |
The students who have succeeded in this course; I. To understand the nature and benefits of globalization. II. To understand why multinational corporations are the key players in international economic competition today. III. To understand the motivations for foreign direct investment and the evolution of the multinational corporation. IV. To identify the stages of corporate expansion overseas by which companies gradually become MNCs. V. To identify the advantages of being multinational, including the benefits of international diversification. VI. To understand why managers of MNCs need to adopt rapidly changing global economic conditions VII. To characterize the global financial marketplace and explain why MNC managers must be alert to capital market imperfections and asymmetries in tax regulations. VIII. To explain and practice the various methods of hedging currency risk. |
1st Week: Introduction 2nd Week: Determination of Exchange Rates 3rd Week: International Monetary System 4th Week: Currency Forecasting and Balance of Payments 5th Week: Country Risk Analysis 6th Week: The foreign exchange market 7th Week: Currency futures and options markets 8th Week: Swaps and interest rate derivatives 9th Week: REview 10th Week: International financing and national capital markets 11th Week: International financing and national capital markets 12th Week: International portfolio investment 13th Week: Corporate strategy and foreign direct investment 14th Week: General overview of the semester |
Week | Subject | Related Preparation |
2) | Determination of Exchange Rates | |
3) | International Monetary System | |
4) | Currency Forecasting and Balance of Payments | |
5) | Country Risk Analysis | |
6) | The foreign exchange market | |
7) | Currency futures and options markets | |
8) | Swaps and interest rate derivatives | |
9) | Review | |
10) | International financing and national capital markets | |
11) | International financing and national capital markets | |
12) | International portfolio investment | |
13) | Corporate strategy and foreign direct investment | |
14) | General overview of the semester |
Course Notes / Textbooks: | Alan C. Shapiro, Multinational Financial Management, 9th edition, Wiley 2009. ISBN-13: 978-0470450352 |
References: | Mevcut değil- None |
Semester Requirements | Number of Activities | Level of Contribution |
Quizzes | 1 | % 15 |
Project | 1 | % 0 |
Midterms | 1 | % 40 |
Final | 1 | % 45 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 55 | |
PERCENTAGE OF FINAL WORK | % 45 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 14 | 3 | 42 |
Study Hours Out of Class | 14 | 2 | 28 |
Project | 1 | 20 | 20 |
Midterms | 1 | 30 | 30 |
Final | 1 | 35 | 35 |
Total Workload | 155 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | To correctly identify the problems and to be able to ask the correct questions | 3 |
2) | To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance | 4 |
3) | To understand and grasp the full details of theoretical arguments and counter arguments | 4 |
4) | To be fully prepared for a graduate study in finance and to have lifelong learning awareness | 3 |
5) | To be able to apply theoretical principles of finance to the realities of practical business life | 4 |
6) | To develop solutions for managerial problems by understanding the requirements of international financial markets | 5 |
7) | To think innovatively and creatively in complex situations | 3 |
8) | To be able to make decisions both locally and internationally by knowing the effects of globalization on business and social life | 5 |
9) | To have the competencies of the digital age and to use the necessary financial applications | 2 |
10) | To be able to use at least one foreign language both for communication and academic purposes | 4 |
11) | To understand the importance of business ethics and to take decisions by knowing the legal and ethical consequences of their activities in the academic world and business life | 2 |
12) | To develop an objective criticism in business and academic life and having a perspective to self-criticize | 2 |