BUSINESS FINANCE
- Course
- EASC345 - BUSINESS FINANCE
- Department
- Accounting and Finance - English - Undergraduate
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 6
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- Asst. Prof. Dr. Boren SARGON
- Prerequisite
- -
- Keywords
Course Description
The material covered in this course can be summed up as a “Guide Book for New entrepreneurs”. It has seven basic objectives: to introduce the business environment as an important factor in the birth and survival of new businesses, to emphasize the importance of the business idea, to familiarize the student with the sources of initial capital, to review the basic financial tables and tools, to have the student draw up and write his own realistic business plan, and to acquaint the student with the procedures linking businesses with banks and other institutions of the financial markets, help to prepare students with a conceptual frame work for understanding and analyzing decision took by management.
BUSINESS FINANCE
Evaluation Tools (Active Term)
| Item | Type | Weight (%) |
|---|---|---|
| Midterm Examination | Midterm | 30 |
| Assignment | Assignment | 20 |
| Final Examination | Final | 50 |
| Total | 100 | |
Course outcomes
- 01 1. Identify the key themes in corporate finance
- 02 2. Explain the role of finance in an organisation
- 03 3. Develope financial statements and balance sheets
- 04 4. Analyse the relationship between strategic decision making and corporate financing decisions
- 05 5. Define bonds and stock prices in light of time value of money and interest rate
- 06 6. Assess the external and internal influences on a corporation’s capital structure, payout policy and policy in respect of risk management (via insurance, derivatives, and other instruments).
- 07 7.3. Explain the role of the organisation’s financial managers in realising these strategic objectives.
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Introduction |
| Week 2 | Inroduction to Corporate Finance |
| Week 3 | Financial Statements, Taxes and Cash Flow |
| Week 4 | Financial Statements, Taxes and Cash Flow |
| Week 5 | Financial Statements, Taxes and Cash Flow/Working with Financial Statements |
| Week 6 | Working with Financial Statements |
| Week 7 | Working with Financial Statements |
| Week 8 | Working with Financial Statements |
| Week 9 | Mid-term Exams |
| Week 10 | Introduction to valuation: The Time Value of Money |
| Week 11 | Introduction to valuation: The Time Value of Money |
| Week 12 | Discounted Cash Flow Valuation |
| Week 13 | Discounted Cash Flow Valuation |
| Week 14 | Interest Rates and Bond Valuation |
| Week 15 | Interest Rates and Bond Valuation |
Reference Books & Course Materials
- 01 Ross, S., Westerfield, R., Jordan, B. and Bley, J. (2021). Essentials of Corporate Finance.
Learning Outcomes
- L01 1. Identify the key themes in corporate finance
- L02 2. Explain the role of finance in an organisation
- L03 3. Develope financial statements and balance sheets
- L04 4. Analyse the relationship between strategic decision making and corporate financing decisions
- L05 5. Define bonds and stock prices in light of time value of money and interest rate
- L06 6. Assess the external and internal influences on a corporation’s capital structure, payout policy and policy in respect of risk management (via insurance, derivatives, and other instruments).
- L07 7.3. Explain the role of the organisation’s financial managers in realising these strategic objectives.
Program Outcomes
- P01 PO1: Engaged in insightful thinking leading to self-learning and lifelong learning.
- P02 PO2: Established a general knowledge of economics sufficient to work independently through specific learned techniques generated via individual efforts and study.
- P03 PO3: Reached the required knowledge and skills to understand social, economic and legal issues both within national, international and global contexts and apply theoretical knowledge of economics to practice.
- P04 PO4: Adopted the ability to critically evaluate, analyze and interpret information gathered through the use of related statistical software programs to suggest creative solutions for economic problems and make relevant economic decisions.
- P05 PO5: Been aware of gathering and analyzing data through the application of appropriate technological tools in an ethical and safe manner in order to generate economic decisions and policy suggestions.
- P06 PO6: Been equipped with conceptual and analytical skills essential for team-working and collaborations for economic decision making for a variety of economic concepts in national and global environment.
- P07 PO7: Endowed with both oral and written communication skills within the economic field to effectively study and work in an international environment
- P08 PO8: Been able to transfer theoretical knowledge to real life economic environment: to generate policies for microeconomic and macroeconomic problems faced by individuals, firms and governments at national, international and global context.
- P09 PO9: Developed an ability to apply economic analysis to everyday problems in real world through the development of ethical perspectives and social responsibilities at work and in personal life.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | Average |
|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - |
| L02 | - | - | - | - | - | - | - | - | - | - |
| L03 | - | - | - | - | - | - | - | - | - | - |
| L04 | - | - | - | - | - | - | - | - | - | - |
| L05 | - | - | - | - | - | - | - | - | - | - |
| L06 | - | - | - | - | - | - | - | - | - | - |
| L07 | - | - | - | - | - | - | - | - | - | - |