FOREIGN TRADE (TURKISH)
Associate TR-NQF-HE: Level 5 QF-EHEA: Short Cycle EQF-LLL: Level 5

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
MAT1073 Financial Mathematics Fall 3 0 3 4
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: Tr
Type of course: Must Course
Course Level: Associate
Mode of Delivery: Face to face
Course Coordinator : Instructor TUĞBA KIRAL ÖZKAN
Course Lecturer(s): Instructor TUĞBA KIRAL ÖZKAN
Instructor MUSTAFA ÇİÇEK
Course Objectives: To give the mathematical knowledge related to infrastructure in creating an effective financial policy in the enterprises and obtaining appropriate investment and financing decisions.

Learning Outputs

The students who have succeeded in this course;
1. To be able to make the cost calculations of borrowing transactions effectively.
2. Understand the alternative ways of payment and their costs related to the lending and borrowing transactions in the enterprises.
3. Understand the types of stocks and bonds and the valuation methods and to be able to use them in investment decisions.
4. To be able to determine the value of investments during the issue of fixed asset investment decisions and choose from the alternatives.
5. To be able to make mathematical analysis related to personal financial decision making.

Course Content

Numbers, proportion, time value of money, definition and types of interest, simple interest: internal and external interest, simple discount: Internal and external discount calculation and equivalent bonds, compound interest: nominal and effective interest rates, compound discount: discount calculation and equivalent bonds, practice related to money and capital markets instruments, annuity, debt payments, bond valuation, stock valuation

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Numbers
2) Proportion
3) Time Value of Money, Definition and Types of Interest
4) Simple Interest: Internal and External Interest
5) Simple Discount: Internal and External Discount Calculation and Equivalent Bonds
6) Compound Interest: Nominal and Effective Interest Rates
7) Compound Discount: Discount Calculation and Equivalent Bonds
8) Practice Related to Money and Capital Markets Intruments
9) Payments (Annuity) and Types of Payments: Equally Consistent, Changing Consistent and Deferred Payments
10) Payments (Annuity) and Types of Payments: Expedite, Constinuous, Constinuous and Deferred, Constinuous and Expedite Payments.
11) Debt Payments
12) Bond Valuation
13) Stock Valuation
14) Case Study

Sources

Course Notes: Finans Matematiği Çalışma Kitabı (HP Hesap Makinesi Uygulamalı, Sadi Uzunoğlu, 2009, Literatür Yayınevi Finans Matematiği, Zehra Başkaya, Değer Alper, Ekim 2007, 1. Baskı, Ekin Kitabevi
References: http://library.bahcesehir.edu.tr/

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 10
Laboratory % 0
Application % 0
Field Work % 0
Special Course Internship (Work Placement) % 0
Quizzes % 0
Homework Assignments 10 % 10
Presentation % 0
Project % 0
Seminar % 0
Midterms 1 % 30
Preliminary Jury % 0
Final 1 % 50
Paper Submission % 0
Jury % 0
Bütünleme % 0
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 14 3 42
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 14 3 42
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 2 4 8
Quizzes 2 3 6
Preliminary Jury 0 0 0
Midterms 1 1 1
Paper Submission 0 0 0
Jury 0 0 0
Final 1 1 1
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) He/she comprehends the main theories and terminology of International Trade.
2) He/she comprehends the custom operations.
3) He/she applies international finance and accounting knowledge to business life. 3
4) He/she has skills of using computer and software.
5) He/she analyses Turkey and EU foreign trade structure.
6) He/she brings in the basic reason of international marketing.
7) He/she consults basic law rules and legislation which built the legal frame of foreign trade.
8) He/she evaluates and analyses risks which foreign trade companies may meet. 3
9) He/she comprehends the international logistics and transportation.
10) He/she has the qualification and eligibility to work on international platform.
11) He/she uses efficient oral and written communication skills.
12) He/she follows and applies the national and international actual and the economic developments about foreign trade.
13) He/she has vocational ethical value that market needs in qualified staff, can use Turkish effectively in writing and speaking communication; have proficiency in foreign language knowledge to making international correspond.