ECONOMICS | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
IF1512 | Introduction to Finance | Fall Spring |
3 | 0 | 3 | 8 |
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: | Bachelor |
Mode of Delivery: | Face to face |
Course Coordinator : | Dr. Öğr. Üyesi BAHAR KÖSEOĞLU |
Course Lecturer(s): |
Dr. Öğr. Üyesi HAKKI ÖZTÜRK Prof. Dr. NİYAZİ BERK Prof. Dr. İPEK ALTINBAŞAK FARİNA |
Course Objectives: | This is the first course in finance in the department of international finance. This course aims to provide a fundamental background for the future finance courses. This course is an introduction to capital markets and corporate finance. The objective is to introduce the student to basic concepts of financial management of a corporation and capital markets. Upon completion of this course, the student is expected to learn the major concepts of finance and most importantly to think logically and systematically in financial terms. |
The students who have succeeded in this course; I.to be able to learn organization of a firm. to be able to identify shareholder wealth maximization, principal agent problem II.to be able to understand how financial markets work III.to be able to establish basic concepts of financial markets and institutions IV.to be able to learn time value of money, present value and future value. V. to be able to understand how securities are priced in financial markets. VI.to be able to learn the major concepts of finance |
organization of a firm, principal agent problem, financial markets work, financial markets and institutions, time value of money, pricing |
Week | Subject | Related Preparation | |
1) | Types of Business Entity, Organization of Corporate Firm, The Role of Financial Management, Financial Management Decisions | ||
2) | The Goals of the Firm, Profit Maximization and Shareholder Wealth Maximization, Principal-agent Problem, Agency Costs, Asymmetry of Information, Shareholder, Stakeholder. | ||
3) | Financial Environment: Markets, Institutions, and Interest Rates | ||
4) | Financial System, Capital Markets, Money Markets, Primary versus Secondary Markets, Financial Institutions, Financial Instruments. | ||
5) | Basic Financial Statements of a Firm: Balance Sheet Identity, Assets, Liabilities, Equity | ||
6) | Overview of Income Statement, Concepts of EBIT and Net Profit. | ||
7) | Interest Rates, Real versus Nominal Rates, Simple Interest Rates, Compunded Interest Rates. | ||
8) | Time Value of Money, Opprtunity Cost, Present and Future Value | ||
9) | Annuity and Perpetuity, Compounding, Concepts of Risk, Rate of Return and Discount Factor. | ||
10) | More on Annuity and Perpetuity, Annuity Tables, Finding the Number of Periods. | ||
11) | Characteristics of Bills, How Bills are Bought and Sold, The Valuation of Bills | ||
12) | Features of Bonds, How Bonds are Bought and Sold, Pricing of Bonds. The Relationship Between Bond Prices and Interest Rates. | ||
13) | Characteristics of Stocks, Capital Gain, Dividend Gain, Common Stocks, Preferred Stocks. | ||
14) | How Common Stocks Are Traded, Logic Behind The Pricing of Stocks, Capitalization Rate. |
Course Notes: | Essentials of Corporate Finance by Ross, Westerfield and Jordan, Sixth Edition. |
References: | Mevcut değil |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | % 0 | |
Laboratory | % 0 | |
Application | % 0 | |
Field Work | % 0 | |
Special Course Internship (Work Placement) | % 0 | |
Quizzes | % 0 | |
Homework Assignments | 1 | % 10 |
Presentation | % 0 | |
Project | % 0 | |
Seminar | % 0 | |
Midterms | 2 | % 40 |
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 |
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 | 0 | 0 | 0 |
Presentations / Seminar | 0 | 0 | 0 |
Project | 0 | 0 | 0 |
Homework Assignments | 1 | 30 | 30 |
Quizzes | 0 | 0 | 0 |
Preliminary Jury | 0 | 0 | 0 |
Midterms | 2 | 40 | 80 |
Paper Submission | 0 | 0 | 0 |
Jury | 0 | 0 | 0 |
Final | 1 | 40 | 40 |
Total Workload | 192 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | As a world citizen, she is aware of global economic, political, social and ecological developments and trends. | |
2) | He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. | |
3) | Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. | |
4) | Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. | |
5) | Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. | |
6) | Comprehends new ways of doing business using digital technologies. and new market structures. | |
7) | Takes critical approach to economic and social problems and develops analytical solutions. | |
8) | Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. | |
9) | In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. | |
10) | Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. | |
11) | Generates original and innovative ideas in the works she/he contributes as part of a team. |