Information Package

Program of Gastronomy and Culinary Arts

GMS180

FINANCIAL MANAGEMENT IN FOOD AND BEVERAGE BUSINESSES

Course Code
GMS180
Semester
-
Theory+Practice
2 + 0
ECTS
3
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS3
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Explain the relationship between financial decisions, return, risk and firm value in food and beverage businesses.
  2. Explain the concepts of capital budgeting and investment project evaluation methods.
  3. Evaluate investment projects by calculating the cash flows to be encountered in capital budgeting.
  4. Explain the concept of cost of capital and calculate the weighted average cost of capital.
  5. Explain the concept of leverage in food and beverage businesses and determine the optimal capital structure.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionIt is aimed to teach financial decisions, risk management and optimal capital structure in food and beverage enterprises. The student will also be able to identify financial problems in food and beverage businesses and offer solutions to these problems.
Course Contents
WEEK TOPICS
1st Week İntroduction to financial management
2nd Week Financial analysis in food and beverage businesses
3rd Week Sources of funding
4th Week Food and beverage businesses risk and return
5th Week Cost of capital
6th Week Cost of capital
7th Week Special financial problems in food and beverage businesses
8th Week Midterm
9th Week Methods used in capital budgeting in food and beverage establishments
10th Week Methods used in capital budgeting in food and beverage establishments
11th Week Leverage and capital structure
12th Week Working capital and current assets management
13th Week Working capital and current assets management
14th Week Financial applications in food and beverage businesses
15th Week Final Exam
Recommended or Required Reading1. Gündoğdu, A. (2017). Finansal Yönetim-Temel Teoriler ve Açıklamalı Örnekler. Seçkin Yayıncılık.
2. Aydın, N., Başar, M. & Coşkun, M. (2015). Finansal Yönetim. Detay Yayıncılık.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
  • Practice
  • Presentation
  • Project
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Assignment 1 10
Total(%) 50
Contribution of In-term Studies to Overall Grade(%) 50
Contribution of Final Examination to Overall Grade(%) 50
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 2 2
Preparation for Quiz 3 2 6
Individual or group work 14 2 28
Preparation for Final exam 2 7 14
Course hours 14 2 28
Preparation for Midterm exam 1 6 6
Laboratory (including preparation)
Final exam 1 2 2
Homework 3 4 12
Total Work Load98
Total Work Load / 30 (h)3.26
ECTS Credit of the Course3
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5
K1 X
K2 X
K3
K4
K5
K6
K7
K8 X X
K9
K10
K11
K12
K13
K14
K15
K16
K17 X X
K18
K19
K20
K21
K22
K23