Industrial Engineering
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

ITRD401

Course Name:

Foreign Exchange Regimes

Course Semester:

Fall

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Assoc. Prof. BÜLENT GÜNCELER

Course Lecturer(s):

Assoc. Prof. BÜLENT GÜNCELER

Course Assistants:

Course Objective and Content

Course Objectives:

The course aims to introduce students overview and general information about regulations which are governing the activities in financial sector. It provides information about regulatory restrictions of banking activities. In this respect the attendees will be informed about the regulatory framework of banking activities.

Course Content:

The main aim of this course is to provide students with an introductory level but comprehensive overview of banking regulations, restrictions, limits and ways of trnsaction processing in respect of regulating bodies’ directives.

At the end of the course students will be capable of understanding the regulatory frame-work of banking system.

On successful completion of this course, all students will have sound knowledge and understanding on:

- Basics of Foreign Trade Regulations
- The Law for Protection of Turkish Currency
- Decree Nr. 32 for Foreign Transactions
- Invisible Transactions
- Regulatory environment of banks and other related parties
- Free Trade Zones
- Transit Trade
- Boarder Trade

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • To recognize and identify the meaning and basics of International Trade Financing tools.
2) • To underline the critical importance of choosing the best among the various financing alternatives
3) • To explain and discuss the opportunities, benefits and structure of many different financing methods for developing international business.
4) • To explain and discuss the various risks in terms of finance techniques in international business life
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	• Syllabus • Discuss Course Outline • Brief class about banking and bank regulations,	Homework: assigned reading for next class session Foreign Trade Basics
2)	• As specified in the document Nr. I	Homework: assigned reading for next class session
3)	• Continue to the document • Discuss “ Foreign Trade Basics	Discussion – reviewing examples
4)	• Discuss Each Chapter • Law for Protection of Turkish Currency	Discussion with live examples on-line
5)	• Continue to the chapters • Law for Protection of Turkish Currency	Discussion live examples on-line Review some documentation
6)	• Chapters of the Decree • Decree Nr. 32	Class Presentation – Live examples
7)	• Continue to chapters • Decree Nr. 32 ( continued )	Class Presentation – Live examples Discussion
8)	• Midterm Out of the topics of first 7 weeks	None
9)	• Discuss all chapters • Invisible Transactions	Class Presentation
10)	• Discuss all chapters • Invisible Transactions	Class Presentation with real examples
11)	• Chapters in the Document • Export Regime V	Class Presentation
12)	• Discuss all the chapters • Free Trade – Transit Trade – Boarder Trade – Foreign Direct Investments Nrs. VI – VII – VIII - IX	Class Presentation
13)	• First Half of Booklet • Deloitte; Customs & Foreign Trade Booklet ( for wrap-up )	Study next week’s topics from course material Deloitte – Customs & Foreign Trade Booklet ( Second Half )
14)	• Discuss remaining chapters Deloitte – Customs & Foreign Trade Booklet ( Second Half – for wrap-up )	• Discuss remaining chapters Deloitte – Customs & Foreign Trade Booklet ( Second Half – for wrap-up )
15)	Final Exam

Sources

Course Notes / Textbooks:

Doc. 1 Trade Finance Guide, A Quick Reference for U.S. Exporters,
by US Department of Commerce, Int’l Trade Administration

Günceler, Bülent , Basics of Financing Foreign Trade Transactions ( 2014 )

Supportive Materials ( will be provided through eders System )
Course Supp. Doc. 1 Madura, Financing Int’l Trade, Section – Int’l Financial Management
(2010 )
Course Supp. Doc. 2 Tools of Export Financing at Turk Eximbank. ( Aug 2015 )
Course Supp. Doc. 3 CGFS Papers – Trade Finance Developments & Issues – by BIS Jan 2014

References:

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3	4
Program Outcomes
1) Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied information in these areas to model and solve engineering problems.
2) Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modelling methods for this purpose.
3) Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way so as to meet the desired result; ability to apply modern design methods for this purpose. (Realistic constraints and conditions may include factors such as economic and environmental issues, sustainability, manufacturability, ethics, health, safety issues, and social and political issues according to the nature of the design.)
4) Ability to devise, select, and use modern techniques and tools needed for engineering practice; ability to employ information technologies effectively.
5) Ability to design and conduct experiments, gather data, analyse and interpret results for investigating engineering problems.
6) Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually.
7) Ability to communicate effectively i Turkish, both orally and in writing; knowledge of a minimum of one foreign language.
8) Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself.
9) Awareness of professional and ethical responsibility.
10) Information about business life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development.
11) Knowledge about contemporary issues and the global and societal effects of engineering practices on health, environment, and safety; awareness of the legal consequences of engineering solutions.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied information in these areas to model and solve engineering problems.
2)	Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modelling methods for this purpose.
3)	Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way so as to meet the desired result; ability to apply modern design methods for this purpose. (Realistic constraints and conditions may include factors such as economic and environmental issues, sustainability, manufacturability, ethics, health, safety issues, and social and political issues according to the nature of the design.)
4)	Ability to devise, select, and use modern techniques and tools needed for engineering practice; ability to employ information technologies effectively.
5)	Ability to design and conduct experiments, gather data, analyse and interpret results for investigating engineering problems.
6)	Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually.
7)	Ability to communicate effectively i Turkish, both orally and in writing; knowledge of a minimum of one foreign language.
8)	Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself.
9)	Awareness of professional and ethical responsibility.
10)	Information about business life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development.
11)	Knowledge about contemporary issues and the global and societal effects of engineering practices on health, environment, and safety; awareness of the legal consequences of engineering solutions.

Learning Activity and Teaching Methods

Expression
Brainstorming/ Six tihnking hats
Individual study and homework
Lesson
Group study and homework
Reading
Homework
Problem Solving
Project preparation
Q&A / Discussion

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Individual Project
Group project
Presentation
Reporting
Case study presentation

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Attendance	1	% 20
Presentation	1	% 30
Final	1	% 50
total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	15	45
Study Hours Out of Class	15	90
Midterms	1	10
Final	1	20
Total Workload		165