Financial Management
Content
Objective
The objective of the course is to give students a good understanding of the basic elements of “finance”, which is one of the most important aspects of business management.
Course Content
Week 1 : Introduction to the concept of “finance”
Week 2 : Basic financial statements (balance sheet, income statement…)
Week 3 : Ratio analysis
Week 4 : Break-even analysis
Week 5 : Financial planning
Week 6 : Management of current assets
Week 7 : Problem session & preparation for partial exam
Week 8 : Partial exam
Week 9 : Time value of money
Week 10 : Capital budgeting
Week 11 : Bond valuation & stock valuation
Week 12 : Financial leverage and capital structure policy
Week 13 : Cost of capital
Week 14 : Problem session & review for final exam
Course Learning Outcomes
At the end of the course, students should be able to:
1. use the methods of financial analysis and interpret the financial ratios;
2. prepare cash budget and proforma balance sheet and income statement;
3. manage the current assets;
4. use the methods of long-term investment analysis;
5. define the optimum mix of financing.
References
Gitman, Lawrence J. and Chad J. Zutter, Principles of Managerial Finance, Pearson International Edition, 13e Edition.
Bolak, Mehmet, İşletme Finansı, Birsen Yayınevi, İstanbul
Weekly Contents
| Week | Weekly Contents |
|---|---|
| 1 | Introduction to the concept of “finance” |
| 2 | Basic financial statements (balance sheet, income statement…) |
| 3 | Ratio analysis |
| 4 | Break-even analysis |
| 5 | Financial planning |
| 6 | Management of current assets |
| 7 | Problem session & preparation for partial exam |
| 8 | Partial exam |
| 9 | Time value of money |
| 10 | Capital budgeting |
| 11 | Bond valuation & stock valuation |
| 12 | Financial leverage and capital structure policy |
| 13 | Cost of capital |
| 14 | Problem session & review for final exam |
Assessment System
| Activities | Number | Contribution |
|---|---|---|
| Contribution of in-term studies to overall grade | 0 | 60 |
| Contribution of final exam to overall grade | 0 | 40 |
| Total | 0 | 100 |
| Activities | Number | Contribution |
|---|---|---|
| Assignments | 9 | 20 |
| Presentation | 0 | 0 |
| Midterm Examinations (including preparation) | 1 | 30 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 10 |
| Total | 10 | 60 |
Relation of Proficiency
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | The student will be able to use the knowledge and skills needed for upper echelons of management. | X | ||||
| 2 | The student will be able to identify the behaviors to minimize the risks by taking into account internal and external conditions that effect the organization. | X | ||||
| 3 | The student should have the general knowledge about labor law, sociology, psychology, organizational sociology, logistics and quantitative methods that can be needed out of basic management functions. | X | ||||
| 4 | The student should have a command of information and communication technologies that are needed for professional business life. | X | ||||
| 5 | The student should keep the competitive power of business at higher levels in the increasing globalization and competition conditions with following visionary applications. | X | ||||
| 6 | The student will be able to identify the changes that are in the internal and external environment of business and the problems which are caused by these changes in time. Also, the student should improve solutions for these problems and apply them. | X | ||||
| 7 | The student will be able to generate the solutions for managerial problems with the help of management games and simulation techniques. | X | ||||
| 8 | The student should make presentations and discuss managerial problems at least two foreign languages. | X | ||||
| 9 | The student will be able to tend towards practices of case study and sample event assessment and contribute the projects in which he/she serves. | X | ||||
| 10 | The student should get the responsibility in teamwork and contribute to team work. | X | ||||
| 11 | The student should get the habit of updating his technical skills to adjust the changing and improving scientific and technologic environment. | X | ||||
| 12 | The student should make a principle of behaving ethical in business life and guarding the interests of his colleagues and business stakeholders. | |||||
ECTS
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 12 | 4 | 48 |
| Assignments | 9 | 3 | 27 |
| Midterm Examinations (including preparation) | 1 | 15 | 15 |
| Final Examinations (including preparation) | 1 | 18 | 18 |
| Total Workload | 150 | ||
| Total Workload / 25 | 6.00 | ||
| Credits ECTS | 6 | ||