| MATHEMATICS (TURKISH, PHD) | |||||
| PhD | TR-NQF-HE: Level 8 | QF-EHEA: Third Cycle | EQF-LLL: Level 8 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| FIN5235 | Fundamental Analysis | Fall | 3 | 0 | 3 | 7 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Departmental Elective |
| Course Level: | |
| Mode of Delivery: | Face to face |
| Course Coordinator : | HANDE SAĞLAM |
| Course Lecturer(s): |
Prof. Dr. MURAT AKBALIK |
| Course Objectives: | Use fundamental analysis to make investment decisions. Analyze financial statements as part of the investment decision-making process. Calculate different share values. Describe the different fair value calculation methods. |
|
The students who have succeeded in this course; During this course, participants will learn how to analyze corporate financial statements and forecast future corporate earnings, in order to determine the fair market value of company shares. |
| The Importance of Fundamental Analysis in Investment Decision-making; The difference between fundamental and technical analysis; Basic procedures for fundamental analysis; Financial Statements: the Income Statement, Balance Sheet and Cash Flow Statement; The Different Share Values; The nominal value; The book value; The Different Methods of Calculating the Fair Value; The discounted cash flow method; The discounted distributions method; Using the relative weight for weighting the fair value; Comparing the fair value with the market value to make investment decisions |
| Week | Subject | Related Preparation | |
| 1) | Introduction to Securities Analysis | ||
| 1) | Alternative Valuation Models - Cont. | ||
| 2) | Forecasting Financial Data | ||
| 3) | Cash and Free Cash Flow | ||
| 4) | Cash and Free Cash Flow (Cont.) | ||
| 5) | Pro Forma Financial Statements and Forecasting Financial Data | ||
| 6) | Pro Forma Financial Statements and Forecasting Financial Data - Cont. | ||
| 7) | Mid Term | ||
| 8) | Valuation – Adjusted Present Value | ||
| 9) | Valuation – Taxes | ||
| 10) | Alternative Valuation Models | ||
| 11) | Earnings per Share and Alternative Valuation Models | ||
| 12) | Credit Analysis | ||
| 13) | Compensatory Stock Options | ||
| 14) | Special Topics and Course Wrap-Up | ||
| Course Notes: | Valuation - Measuring and Managing the Value of Companies, Koller, Goedhart and Wessels, 4th edition (the 3rd edition, where the authors are listed as Copeland, Koller, and Murrin) |
| References: | Valuation - Measuring and Managing the Value of Companies, Koller, Goedhart and Wessels, 4th edition (the 3rd edition, where the authors are listed as Copeland, Koller, and Murrin) |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 10 | % 10 |
| Laboratory | 0 | % 0 |
| Application | 0 | % 0 |
| Field Work | 0 | % 0 |
| Special Course Internship (Work Placement) | 0 | % 0 |
| Quizzes | 0 | % 0 |
| Homework Assignments | 2 | % 10 |
| Presentation | 0 | % 0 |
| Project | 0 | % 0 |
| Seminar | 0 | % 0 |
| Midterms | 1 | % 30 |
| Preliminary Jury | 0 | % 0 |
| Final | 1 | % 50 |
| Paper Submission | 0 | % 0 |
| Jury | 0 | % 0 |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload | |
| Course Hours | 14 | 42 | |
| Laboratory | |||
| Application | 14 | 84 | |
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 42 | |
| Presentations / Seminar | |||
| Project | |||
| Homework Assignments | 2 | 20 | |
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 6 | |
| Paper Submission | |||
| Jury | |||
| Final | 1 | 6 | |
| Total Workload | 200 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution |