BUSINESS FINANCE
- Course
- ACFN203 - BUSINESS FINANCE
- Department
- Accounting and Finance - English - Master
- Course Type
- Scientific Preparation
- Status
- Required
- Language
- English
- Credit
- 0
- ECTS
- 6
- T+P+L
- 0 + 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 Develop understanding about corporate finance SOLO 5
- L02 Demonstrate ability of financial statements analysis SOLO 4
- L03 Perform ratio analysis SOLO 4
- L04 Implement valuation analysis using the concepts of the Time value of Money and Discounted Cash Flow Analysis SOLO 4
- L05 Evaluate how loans are amortized and how to quote the interest rates SOLO 4
Program Outcomes
- To be able to interpret and evaluate the discussions on the theoretical aspects of International Banking and Finance.
- To be able to identify regional and global problems that directly or indirectly affect financial issues, to develop solutions and strategies based on evidence and research.
- To be able to define, evaluate and interpret the classical and current theories of international banking and finance policies and strategies, differences and relationships between them.
- To have social, scientific and ethical values in the collection, interpretation, announcement and application of data in the field of international banking and finance and to assimilate these values.
- To be able to follow, understand, interpret and analyze the changing trends in banking and financial activities in the world at an advanced level, and apply innovation and innovative working principles.
- To be able to set goals and take initiatives to achieve them, to be creative and open to criticism and to have professional competencies at an advanced level.
- To have an advanced level of foreign language to follow and use the information in the field and to communicate with colleagues.
- To have advanced computer software and hardware knowledge required by the field of International Banking and Finance, and to be able to use information and communication technologies at an advanced level.
- To be able to use theoretical and practical knowledge gained in the field of International Banking and Finance at an advanced level.
- To be able to benefit from other fields that form the basis of financial policies and to understand the interaction between these disciplines.
- To be able to examine the basic problems in the field of International Banking and Finance with scientific methods, to interpret and evaluate the data.
- To be able to take responsibility individually and as a team member to solve complex problems encountered in practice related to International Banking and Finance, and to produce solutions.
- To be able to critically evaluate the knowledge and skills acquired in the fields of International Banking and Finance, to determine learning needs and to carry the learning process to an advanced level.
- To inform experts or non-experts on financial issues, to share their ideas and problems and solution methods by supporting them with quantitative and qualitative data.
Po-Lo Matrix
| LO | Average | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L02 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L03 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L04 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L05 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |