| Course Type | Elective Course |
|---|
| Course Level | Master's Degree Without Thesis |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 10 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Estimate the cost of capital for the whole firm, individual divisions as well as the specific projects with advanced techniques such as the marginal cost of capital (MCC) schedule
- Solve capital budgeting problems by risk-adjusted discount rate approach and certainty equivalent approach
- Describe the impact of financial distress, agency costs and asymmetric information on capital structure
- Identify other factors that influence dividend policy
- Apply the principles of working capital management
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | |
|---|
| Course Description | An understanding of the nature and the importance of money. Comprehensive survey of the role of each of the major financial institutions; such as commercial banks, investment banks, central bank, stock markets. The emphasis of the course is on management of these institutions and the role of money in the financial system of the country. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
The Firm and the Financial Manager, Accounting and Finance |
|
2nd Week |
Time Value of Money |
|
3rd Week |
Valuing Bonds |
|
4th Week |
Valuing Stocks |
|
5th Week |
Net Present Value and Other Investment Criteria |
|
6th Week |
Discounted Cash Flow Analysis |
|
7th Week |
Project Analysis |
|
8th Week |
Intro. to Risk, Return, and the Opp. Cost of Capital |
|
9th Week |
Risk, Return and Capital Budgeting |
|
10th Week |
The Cost of Capital |
|
11th Week |
The Capital Structure Decision |
|
12th Week |
Dividend Policy |
|
13th Week |
İstanbul Stock Exchange |
|
14th Week |
Financial Instruments in Turkey |
|
15th Week |
General Review |
|
| Recommended or Required Reading | Brealey, Myers & Marcus, Fundamentals of Corporate Finance, McGraw Hill, 6. Baskı |
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Other |
1 |
20 |
| Total(%) |
|
60 |
| Contribution of In-term Studies to Overall Grade(%) |
|
60 |
| Contribution of Final Examination to Overall Grade(%) |
|
40 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
10 |
10 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
|
|
|
| Preparation for Final exam |
|
|
|
| Course hours |
|
|
|
| Preparation for Midterm exam |
|
|
|
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
20 |
20 |
| Homework |
|
|
|
| Total Work Load | 30 |
| Total Work Load / 30 (h) | 1 |
| ECTS Credit of the Course | 10 |
|
| Language of Instruction | English |
|---|
| Work Placement(s) | No |
|---|
