ITRD401 Foreign Exchange RegimesIstanbul Okan UniversityDegree Programs Genetics and Bioengineering (English)General Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Genetics and Bioengineering (English)
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: EN
Course Requisites:
Does the Course Require Work Experience?: No
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: 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

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

Program Outcomes
1) Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems.
2) The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose.
3) The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.)
4) Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively.
5) Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics.
6) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
7) Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8) Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal.
9) Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications.
10) Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development.
11) Information about the universal and social health, environmental and safety effects of engineering applications and the ways in which contemporary problems are reflected in the engineering field; 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) Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems.
2) The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose.
3) The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.)
4) Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively.
5) Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics.
6) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
7) Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8) Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal.
9) Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications.
10) Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development.
11) Information about the universal and social health, environmental and safety effects of engineering applications and the ways in which contemporary problems are reflected in the engineering field; 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