MATHEMATICS (TURKISH, PHD)
PhD TR-NQF-HE: Level 8 QF-EHEA: Third Cycle EQF-LLL: Level 8

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
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: En
Type of course: Departmental Elective
Course Level:
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
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 Outputs

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: 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
Attendance 0 % 0
Laboratory 0 % 0
Application 0 % 0
Field Work 0 % 0
Special Course Internship (Work Placement) 0 % 0
Quizzes 1 % 15
Homework Assignments 0 % 0
Presentation 0 % 0
Project 1 % 0
Seminar 0 % 0
Midterms 1 % 40
Preliminary Jury 0 % 0
Final 1 % 45
Paper Submission 0 % 0
Jury 0 % 0
Bütünleme % 0
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
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 2 28
Presentations / Seminar 0 0 0
Project 1 20 20
Homework Assignments 0 0 0
Quizzes 0 0 0
Preliminary Jury 0 0 0
Midterms 1 30 30
Paper Submission 0 0 0
Jury 0 0 0
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