BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| ECONOMICS AND FINANCE | |||||
| 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 |
| IF3312 | International Business Finance and Multinational Companies | Fall | 3 | 0 | 3 | 6 |
| 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: | 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. |
Learning Outcomes
|
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. |
Course Content
| 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 |
Weekly Detailed Course Contents
| 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 |
Sources
| Course Notes / Textbooks: | Alan C. Shapiro, Multinational Financial Management, 9th edition, Wiley 2009. ISBN-13: 978-0470450352 |
| References: | Mevcut değil- None |
Evaluation System
| 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 | |
ECTS / Workload Table
| 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 | ||
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 and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 2 |
| 2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 4 |
| 3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 1 |
| 4) | Analyze the interventions of politics to the economics and vice versa. | 3 |
| 5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 3 |
| 6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 4 |
| 7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 4 |
| 8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 1 |
| 9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 4 |
| 10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 4 |