Genetics and Bioengineering
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

UTIC302

Course Name:

Financing International Trade

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 :

Dr.Öğr.Üyesi AYŞE NUR TOPÇUOĞLU

Course Lecturer(s):

Dr.Öğr.Üyesi AYŞE NUR TOPÇUOĞLU

Course Assistants:

Course Objective and Content

Course Objectives:

• This course aims to introduce the basic knowledge of foreign trade finance. Designed to prepare students for the use of these techniques, this course aims to identify the need for financing and to learn which financial tools to respond to needs.
• It aims to examine the product in terms of all risks and transactions and examine it in depth.
• This course also aims to provide awareness of the various international trade tools for foreign trade finance techniques, how to deal with the various risks that international trade transactions will create for the buyer and seller and how to select the right product.
• Students will also be able to identify the ways of analyzing the main risks related to trade finance transactions.

•. Students will gain knowledge and skills about what incentive systems export incentives are and how to use them.
• In addition to this, information will be given on various alternative financing through buyer loans, export credit insurance, project finance and Türk Eximbank products.
• In addition, they will see some other financing products such as factoring, forfaiting, leasing and admission credits.
• Through the sections, individual study and case studies, it will be ensured that the relationship between theories and reality will be more fully recognized.

Course Content:

• Analyze international financing methods of trade.
• Analyzes alternative forms of financing and choosing the right financing.
• Describe and list the basic issues between the financing of foreign trade and credit operations in the Turkish banking system.
• Discuss and analyze the risks of various financing techniques used in international business life.

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • Analyze international financing methods of trade.
2) • Analyzes alternative forms of financing and choosing the right financing.
3) • Describe and list the basic issues between the financing of foreign trade and credit operations in the Turkish banking system.
4) • Discuss and analyze the risks of various financing techniques used 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)	• Introduction of the course content to the students • Method of operation of financial operation system • Explanation of the outline of the Capital Movements Circular • Explanation of the incentive system in Turkey • Explanation of the definitions in Capital Movements • Discussion of the course content • Defining the whole outline	Homework: preparation for the next lesson (PART I)
2)	• Defining financial needs • Financing of foreign trade, definition of banking system • Explanation of necessary crediting techniques • Summarization of credit transactionsFinancing, Banking and Finance system	Homework: Examination of the legislation on incentive legislation and capital movements for the next course
3)	• Explanation of certified / non-certified loans • Explanation of the Inward Processing Regime and related incentive legislation • The effects of this regime on international trade • Documents given within the scope of this regime (D / 1-coded DIB-D3 Code-II) Identification of documents subject to foreign trade financing • Disclosure of d / 1-d / 3 coded DIB • Explanation of VRHI • Introduction of MDR	Homework: transfer of problems related to investment incentive legislation related to next course hours
4)	• Examination of VRHI • Identification of loans to be used in the scope of this document • Identification of MDO • Examination of the credits to be used in the scope of this document. • How to use it • Examining who can give these loans • Examining the characteristics and methods of use of these credits	Homework: studying the difference between promotion and discount to prepare for the next lesson
5)	• Types of common invocation (Crushing) definition • Transfer of usage results of collection methods (with no recourse) • Transfer of risks and gains • Defining system operation • Explanation of processes and processes • Transposition of operational information sources related to subject. • Redemption-discount • Ruculi-rücusuz • Money conversion tools • Bills • Policy • Current letter of credit • Price guaranteed goods mud export: • Insurance covered by Türk Eximbank	What does buyer loans and post finance mean? investigation Homework: preparation for the next lesson
6)	• Investigation of buyer loans • Defining the scope, term, usage method and back • Post financing definition • Investigation of usage, the use of whose structure can be used, examination of who is given by Hermes_Coface_Casce-Sage_GSM 102-Investigation of GSM_103 credits, examination of imports under post finance	Continue the study and final project work Homework: preparation for the next lesson hour, Investigation of factoring-forfaiting
7)	• Alternative Financing techniques; • Defining Factoring and Forfaiting. • Examination of how it is applied • Comparison of concepts • Review of legislation on the subjectFinancing through Factoring - Forfaiting • Factoring • Forfaiting • Examination of basic concepts and applications • Identification of differences	Homework: preparation for the next lesson; Leasing
8)	week of exam	none.
9)	• Definition of Leasing • Examination of implementation • Investigation of legal basis Examination of the scope of goods, real estate, etc. • Examination of concepts that will not be subject to leasing • Who and who makes Leasing • Examination of leasing conditions	Homework: Investigation of incentive systems
10)	• Review of export-oriented State aid • SUPPORTING MARKET INTRODUCTION DOCUMENTS (2014/8) the Company; • MARKET RESEARCH AND MARKET INPUT SUPPORT (2011/1). SUPPORTING THE UNIT, BRAND AND PROMOTION ACTIVITIES (2010/6) • SUPPORT OF THE 4 th EXHIBITION FAIR PARTICIPATIONS (2017/4) •. EMPLOYMENT ASSISTANCE (2000/1) in Turkey, industrial and / or organizations operating in cooperation with commercial companies; - Market Research and -Participation activities are support of expenditures. (finding new markets, creating a market strategy and action plan, integrating into the world, export mobilization) - With the Procurement Expenses of Access to Overseas Market, - Investigation of support for Global Supply Chain Project Expenses. For the promotion and marketing of Turkish products;	Homework: preparation for the next course, State aid in exports
11)	• DESIGN SUPPORT (2008/2) • UR GE SUPPORT (SUPPORT FOR DEVELOPMENT OF INTERNATIONAL COMPETITIVENESS (2010/9) •. BRANDING BRANDING PRODUCTS FROM THE ABROAD INSTALLATION OF TURKISH FINANCIAL IMAGE AND SUPPORTING TURQUALITY (2006/4) • DEVELOPMENT - DEVELOPMENT (R & D) ASSISTANCE (98 / 10- 2010 / 7The Substance changed) • EXPORT RETURN SUPPORT IN. • SUPPORTING FOREIGN EXCHANGE SERVICE TRADING (2012/4)) • SDRs with DTSŞ are providing capital support to R & D projects. It takes advantage of industry associations to provide support turquality markalaşmaa of Turkish products abroad to increase foreign exchange earning income in Turkey by services and services to improve international competitiveness of sectors (health, education, software, film, management consultancy) (2014/6	Promote your presentations
12)	• Identification of the guarantee letter • Letter of guarantee, methods and procedures • Discussing the role and importance of guarantee letters in international trade In the letters of guarantee, the increase and decrease of the amounts, the return of the letter, extension of the time, changing the subject, etc. Conditions / Guarantees • Types of Warranty: • Tender / bid bonds • Performance bonds • Retention • Advance payment • Maintenance • Counter Guarantees • Risk in warranties • Definitions for Warranties • Bank applications • Uniform Rules for Demand Guarantees 758 Brochure • Extension and cancellation of warranties Case study: Case studies on warranty regulation and analysis - Work on the guarantee text - Banks' risks - Letters of guarantee issued by foreign bank counter guarantee External warranties	Examination and discussion of incentive presentations
13)	Turk Eximbank's exports, exports, sales and deliveries Determination of the loans extended within the scope of foreign currency earning services and activities. Review of loans extended by Turkish Eximbank • Pre-shipment export credits • Turk Eximbank Export Loan and export financing Country risk types and other risks covered by them	Homework: Examination of special credits Project-program credits
14)	• Explain target and special financing tools (project, program credits) • Defining financial instruments and aid (EIB, Islamic Development Bank Loans) • Case studies Types of Traditional and Other Special Trade Finance • Country loans • Project financing • Emtea and transportation loans (as foreign currency earning service and activity) • Asset-based loans • Syndicated loans • Mutual trade	Review of all topics Final preparation
15)	final exam	none

Sources

Course Notes / Textbooks:

Kitaplar :
Akgüç, Öztin , Dış Ticaretin Finansmanı, Arayış Yayınları, Ankara, 2017 ıı.baskı

References:

Destekleyici Kaynaklar ( OLB’ye eklenen ders notları)
Ders Destek Dökümanı. 1 Trade Finance Guide, A Quick Reference for U.S. Exporters
Ders Destek Dökümanı. 2 Sermaye Hareketleri Tebliği
Ders Destek Dökümanı. 3 Türk Eximbank Kredileri
Ders Destek Dökümanı 4 İhracat Kredileri-Alternatif Finansman teknikleri ders notları
(Ayşenur Topçuoğlu)
www.tcmb.gov.tr
www.ticaret.gov.tr
www.tim.org.tr
www.hazine.gov.tr,
www.turkeximbank.gov.tr

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
Homework
Problem Solving
Q&A / Discussion
Case Study

Assessment & Grading Methods and Criteria

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

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Attendance	1	% 5
Homework Assignments	1	% 5
Midterms	2	% 40
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
Field Work	14	14
Study Hours Out of Class	14	28
Presentations / Seminar	14	14
Project	14	14
Homework Assignments	13	39
Quizzes	2	2
Midterms	2	4
Paper Submission	15	15
Final	1	2
Total Workload		177