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 : | Assist. Prof. BAHAR KÖSEOĞLU |
| Course Lecturer(s): |
Assoc. Prof. UMUT UĞURLU |
| Recommended Optional Program Components: | None |
| Course Objectives: | This course introduces students to International Business Finance and equips them with tools and methods to study and analyze international economic issues and problems. The overall purpose of the course is to extend the principles of finance from a single-country setting to a multinational setting. Below you can find the main objectives of the course: 1. Understand the environment and factors associated with multinational finance. 2. Demonstrate knowledge of the various forms of financial instruments available for multinational business finance. 3. Understand multinational capital budgeting and comprehend how to evaluate cross-border projects. |
Learning Outcomes
|
The students who have succeeded in this course; The students who have succeeded in this course are expected; 1. To understand the nature and benefits of globalization. 2. To understand why multinational corporations are the key players in international economic competition today. 3. To understand the motivations for foreign direct investment and the evolution of the multinational corporation. 4. To identify the stages of corporate expansion overseas by which companies gradually become MNCs. 5. To identify the advantages of being multinational, including the benefits of international diversification. 6. To understand why managers of MNCs need to adopt rapidly changing global economic conditions. 7. To characterize the global financial marketplace and explain why MNC managers must be alert to capital market imperfections and asymmetries in tax regulations. 8. To explain and practice the various methods of hedging currency risk. |
Course Content
| Teaching methods of the course are “Lecture, Individual Study, Reading, Problem Solving, Case Study, Group Work, Project Preparation” |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | Course Overview: The finance function in a multinational setting | |
| 2) | Financial Globalization, Risk and Multinational Companies | |
| 3) | Financial Goals and Corporate Governance | |
| 4) | International Portfolio Theory and Diversification–ICAPM The Global Cost and Availability of Capital | |
| 5) | Raising Equity and Debt Globally- Optimal Financial Structure | |
| 6) | Multinational Capital Budgeting and Cross-Border Acquisitions | |
| 7) | Multinational Tax Management | |
| 8) | MIDTERM WEEK | |
| 9) | International Trade Finance | |
| 10) | Foreign Direct Investment Theory and Political Risk | |
| 11) | Course Review | |
| 12) | Project Presentations | |
| 13) | Project Presentations | |
| 14) | Project Presentations |
Sources
| Course Notes / Textbooks: | Multinational Business Finance (Eiteman, D. K., Stonehill, A. I., Moffett M. H., 14th ed, Pearson, 2016, ISBN: 9781292097879) |
| References: | Multinational Business Finance (Eiteman, D. K., Stonehill, A. I., Moffett M. H., 14th ed, Pearson, 2016, ISBN: 9781292097879) |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Application | 7 | % 14 |
| Homework Assignments | 1 | % 10 |
| Project | 1 | % 36 |
| Final | 1 | % 40 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 24 | |
| PERCENTAGE OF FINAL WORK | % 76 | |
| Total | % 100 | |
ECTS / Workload Table
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 13 | 3 | 39 |
| Study Hours Out of Class | 14 | 3 | 42 |
| Project | 1 | 18 | 18 |
| Homework Assignments | 7 | 7 | 49 |
| Final | 1 | 2 | 2 |
| Total Workload | 150 | ||
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) | Developing the ability to explain global economic events by understanding different economic perspectives. | 1 |
| 4) | Acquiring the ability to analyze the impact of politics on the economy and vice versa. | 3 |
| 5) | Gaining the competence to propose solutions to economic problems and evaluate opposing policy recommendations. | 3 |
| 6) | Understanding and evaluating new economic developments and approaches. | 4 |
| 7) | Developing the ability to convey economic news and developments through written, oral, and graphical communication. | 4 |
| 8) | Gaining the competence to develop structured solutions for economic issues. | 1 |
| 9) | Acquiring the capability to present findings that support economic assumptions using numerical and verbal skills. | 4 |
| 10) | Gaining the competence to follow economic information and communicate with colleagues using a foreign language. | 4 |