Week |
Subject |
Related Preparation |
1) |
• Explanation of what is wanted to be done with basic financial information.
• Introduction of markets where basic financial information is used, presentation of market actors, sub-markets and financial instruments used
• Explaining for whom financial management is done according to its purpose.
• Explanation of ethical rules in financial management activities in businesses.
• Defining the balance sheet and explaining its structure.
• Defining the Income Statement and explaining its structure.
• Explaining the purpose of issuing the cost of sales statement.
• Explanation of the purpose of issuing the profit distribution statement.
• Explaining the purpose of issuing the cash flow statement. |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the topics of the 2nd week and present the sub-topics for discussion in the lesson. |
2) |
• Explain what the time value of money means and its importance in finance
• Explaining the calculation and interpretation of the present or future value of one-time payments
• Explaining the different annuity types
• Disclosure of present and future value calculations of series of irregular cash flows to show how equity and corporate projects are valued.
• Explaining the difference between nominal, periodic and effective interest rates in order to compare alternative investment rates of return.
• Explain the rationale for creating a loan amortization table to discuss the fundamentals of loan returns |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the topics of the 3rd week and present the sub-topics for discussion in the lesson. |
3) |
• Explaining the various factors that affect the cost of money
• Explain how market interest rates are affected by units that require capital, expected inflation, the risks of different securities, and the risks of securities
• Explaining the factors that shape the yield curve and how the yield curve can be used to predict future interest rates. |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the 4th week topics and present the sub-topics for discussion in the lesson.
|
4) |
• Explaining what ratio analysis is
• Listing, defining, interpreting what ratio groups are
• Explanation of balance sheet and income statement relationships of main ratios
• Explaining the importance of return on equity ratio in management control and how other ratios affect this ratio
• Explaining how to use Dupont's equation to develop equity holdings
• Explaining how the ratios of one enterprise can be compared with the ratios of another enterprise at a given moment and over time, discussing trend changes over time, explaining how they may be affected by accounting practices and other factors. |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the 5th week topics and present the sub-topics for discussion in the lesson. |
5) |
• Explain how different sizes of current assets and liabilities affect business profitability and stock prices.
• Explain how each of the working capital items is used, how the cash budget is created and how the cash cycle is determined
• Explain how it was decided to determine the appropriate amount of current assets
• Explain how businesses create their credit policies and how the effects of credit policies on sales and profitability occur.
• Explain how bank loan, commercial paper and commercial loan costs are determined and how they affect working capital financing decisions |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Reading the 6th week topics and presenting the subheadings for discussion in the lesson. |
6) |
• Explain and discuss capital budgeting
• A description of the basic methods used in capital budgeting, under which conditions and how they are used.
• Comparative explanation of the advantages of the net present value method from dynamic methods |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the 7th week topics and present the sub-topics for discussion in the lesson.
|
7) |
• Explain why weighted average cost of capital is used in capital budgeting
• In estimating the costs of different capital components; Description of debt, preferred stock, retained earnings, and comparisons of common stock
• An explanation of why different cost components are combined to determine the entity's weighted average cost of capital. |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Presentation of the titles within the scope of the midterm exam. |
8) |
• Midterm Exam
|
None
|
9) |
• Disclosure of cash flows to be considered in capital budgeting analysis
• Explain the methods used to estimate the relevant cash flows of the project.
• Disclosure of calculations made in capital budgeting criteria
• Explain how risk is measured and how differentiated project risk is taken into account when applying this measure to the entity's weighted average cost of capital.
• Discuss how to modify some projects to meet changing business objectives once accepted.
• Define post-audit, which is an important part of the capital budgeting process, and discuss its relevance to capital budgeting decisions. |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the topics of the 10th week and present the sub-topics for discussion in the lesson. |
10) |
• Explain the reason for differences in a business's capital structure when measured at book value, market value, or against a target
• Disclose operational risk and financial risks and discuss the effects of debt financing on the expected return and risk of the business
• Discuss the analytical framework that can be used in determining the optimal capital structure
• Discuss the theory of capital structure and explaining that businesses in different sectors tend to have different capital structures |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the 11th week topics and present the subheadings for discussion in the lesson. |
11) |
• Explain the different characteristics of business and government bonds
• Explain how market bond prices are formed, how there is a relationship between interest rates and bond prices, and how the bond price changes over time.
• Explain how a bond's yield to maturity, notice return and actual yield are calculated
• Explain the risks faced by bond issuers and bond investors and discuss how the terms and collateral of a bond can be changed to affect the interest rate. |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the 12th week topics and present the subheadings for discussion in the lesson. |
12) |
• An explanation of why investors like the business to distribute more shares
• Disclosure that investors love the capital gains resulting from the reinvestment of undistributed profits by the business
• Discuss various trade-off problems that businesses face while trying to establish optimal dividend distribution policies
• Disclosure of differences between stock splits and stock dividends
• Explain the relative advantages of stock repurchases and dividends from the perspective of both investors and businesses |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the 13th week topics and present the sub-topics for discussion in the lesson. |
13) |
• Discuss the importance of strategic planning and the central role that financial forecasting plays in the overall planning process
• Estimation of the methods by which businesses make their sales forecasts.
• Disclosure of relationship between additional resource requirement and asset growth
• Discussing how planning is an iterative process |
Study of the shared lecture note – presentation document together with the source book; re-watching the course recordings.
Read the topics of the 14th week and present the sub-topics for discussion in the lesson. |
14) |
• Explain the primary reasons for businesses to be global
• Explanation of how exchange rate transactions are and interpretation of exchange rate rates
• Discuss the intuitions behind exchange rate parity and buying strong pairs
• Explain the risks and opportunities faced in investments in multinational enterprises
• Identify some of the specific changes MNCs are facing and discuss how their capital budgets, capital structure and working capital policies are affected.
|
Study of the shared lecture note – presentation document together with the source book; re-watch the course recordings.
Submission of final subtitles. |
15) |
Final Exam |
None |
15) |
• Evaluate students via final exam.
• Assess the student’s performance throughout the semester.
• Analyze the final exam results in terms of further amelioration of the course.
• Assess how to analyze financial statements
• Assess how to recognize the effects of long-term financial planning
• Assess how to deal with the time value of the money concept
• Assess how to value stream of cash flows
• Assess how to value a bond and a stock
• Assess how to value and decide on an investment opportunity
Testing the degree of the level of knowledge in terms of topics covered throughout the semester.
|
Review the Lecture Notes. |
Course Notes / Textbooks: |
İşletme Finansı, Prof. Dr. Güven Sayılgan, Siyasal Kitabevi, 2017- 7. Baskı,
ISBN 978-605-9801-47-8
Finansal Yönetim, Nurhan Aydın, Mehmet Başar, Metin COŞKUN, Detay Yayıncılık. ISBN: 978 – 605 – 5681– 81-4
Finansal Yönetimin ve Portföy Yönetim Teorisi, Dr. Öğr. Üyesi Turgay MÜNYAS, Seçkin Yayınları, ISBN: 978 – 975 – 02 – 6424 – 1
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References: |
İşletme Finansı, Prof. Dr. Güven Sayılgan, Siyasal Kitabevi, 2017- 7. Baskı,
ISBN 978-605-9801-47-8
Finansal Yönetim, Nurhan Aydın, Mehmet Başar, Metin COŞKUN, Detay Yayıncılık
ISBN: 978 – 605 – 5681– 81-4
Finansal Yönetimin ve Portföy Yönetim Teorisi, Dr. Öğr. Üyesi Turgay MÜNYAS, Seçkin Yayınları,
ISBN: 978 – 975 – 02 – 6424 – 1
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