ISTANBUL OKAN UNIVERSITY INFORMATION PACKAGE / COURSE CATALOGUE
| Banking and Insurance | |||||
| Associate | TR-NQF-HE: Level 5 | QF-EHEA: Short Cycle | EQF-LLL: Level 5 | ||
General course introduction information
| Course Code: | MDST225 | ||||||||
| Course Name: | Financing Techniques in Foreign Trade | ||||||||
| Course Semester: |
Fall |
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| Course Credits: |
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| Language of instruction: | TR | ||||||||
| Course Requisites: | |||||||||
| Does the Course Require Work Experience?: | No | ||||||||
| Type of course: | Department/Faculty Elective | ||||||||
| Course Level: |
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| Mode of Delivery: | Face to face | ||||||||
| Course Coordinator : | Öğr.Gör. MÜRÜVVET AKAR | ||||||||
| Course Lecturer(s): |
Öğr.Gör. JÜLİDE ÖNGÜÇ Öğr.Gör. MÜRÜVVET AKAR |
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| Course Assistants: |
Course Objective and Content
| Course Objectives: | The aim of this course is; "Increasing openness and interdependence among countries" could be a simple definition of globalization. This process has many causes and effects (cultural, technological, political, environmental, etc.), but is widely accepted as the most advanced dimension of finance. Of course, the focus is on real world applications to understand the international finance theory and to see it from another angle. It is necessary to understand foreign exchange markets and world capital markets (banking, debt and equity) and to carry out good and effective management of the financial firm. |
| Course Content: | • Define and determine the bases and meanings of the instruments of international trade financing • Be aware of the important criteria in the selection of the best of the various financing alternatives • Describe the fundamentals of foreign trade financing and credit operations in the banking system • Explaining and discussing the risks of various financing techniques in international business life |
Learning Outcomes
The students who have succeeded in this course;
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Lesson Plan
| Week | Subject | Related Preparation |
| 1) | General Introduction of financial tools that can be used in Turkey and abroad to finance import export operations | Textbook/notes |
| 2) | To open a letter of credit in favor of foreign suppliers and to provide financing under the applicable letter of credit (Transferable L / C / Back to Back L / C) | Textbook / notes |
| 3) | Post-financing process of the letter of credit for import operations | Textbook |
| 4) | Taking advantage of the bank credit in the overdraft payments under the same loans and in-kind loans, the processing processes for the use of the credit | textbook |
| 5) | Buyer Loans ACE provided by Export Credit or Export Guarantee Organizations abroad (HERMES, COFACE, ERG, KFW etc.) for the purpose of financing the import operations | Textbook |
| 6) | Letter of Guarantee, Letter External Warranty and Guarantees which are requested from banks in the service purchase and sale transactions, their intended use, processing processes | Textbook |
| 7) | "Financing for leasing machinery and equipment" / "Leasing". Reasons for making leasing and application processes | Textbook |
| 8) | Midterm exam | Textbook and course notes |
| 9) | The import finance credits provided in Turkey to support pre-shipment and post-shipment stages. The advantages and the operations of these credits | Textbook |
| 10) | The preliminary financing tools provided abroad for export operations, their purpose and process | Textbook |
| 11) | Discount / sale of receivables arising from exports to banks and financial institutions in the "revocable" and "irrevocable" form | Textbook |
| 12) | Within the context of export receivables, "Financing options provided by Factoring Companies" Processes related to the applications of the factoring transactions | Textbook |
| 13) | Presentation of Eximbank and support elements provided to exporters Information on ”Eximbank Insurance” | Textbook |
| 14) | Usage and Application Principles of Pre-Shipment and Post-Shipment Credits provided by Eximbank | Textbook |
| 15) | Final exam | Course notes |
Sources
| Course Notes / Textbooks: | Okuma materyali, ödev fotokopileri ile birlikte haftalık olarak verilecektir. Reading material will be given on weekly basis together with the assignment sheets |
| References: | Ferudun Kaya, Dış Ticaret ve Finansmanı |
Course-Program Learning Outcome Relationship
| Learning Outcomes | 1 |
2 |
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|---|---|---|---|---|---|
| Program Outcomes | |||||
| 1) Banking and define concepts related to the insurance profession. Banking and express numerical methods on insurance. | |||||
| 2) Banking and insurance companies is to apply numerical methods for using the necessary computer programs. | |||||
| 3) They can use a foreign language in oral and written communication and technology. | |||||
| 4) Banking and insurance companies is to use theoretical and practical knowledge about learning. Continuously monitors technological developments related to the field. | |||||
| 5) Data on the banking and insurance sectors can analyze and interpret. Followed by banking and insurance also related disciplines. They can offer suggestions to the sector's problems. | |||||
| 6) Banking prepare and execute the insurance-related projects. | |||||
Course - Learning Outcome Relationship
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Banking and define concepts related to the insurance profession. Banking and express numerical methods on insurance. | |
| 2) | Banking and insurance companies is to apply numerical methods for using the necessary computer programs. | |
| 3) | They can use a foreign language in oral and written communication and technology. | |
| 4) | Banking and insurance companies is to use theoretical and practical knowledge about learning. Continuously monitors technological developments related to the field. | |
| 5) | Data on the banking and insurance sectors can analyze and interpret. Followed by banking and insurance also related disciplines. They can offer suggestions to the sector's problems. | |
| 6) | Banking prepare and execute the insurance-related projects. |
Learning Activity and Teaching Methods
| Lesson | |
| Reading | |
| Homework | |
| Project preparation | |
| Seminar | |
| Case Study |
Assessment & Grading Methods and Criteria
| Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing) | |
| Homework | |
| Application |
Assessment & Grading
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 1 | % 40 |
| Final | 1 | % 60 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 40 | |
| PERCENTAGE OF FINAL WORK | % 60 | |
| total | % 100 | |
Workload and ECTS Credit Grading
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 1 | 3 | 3 |
| Presentations / Seminar | 1 | 1 | 1 |
| Project | 1 | 1 | 1 |
| Midterms | 1 | 1 | 1 |
| Final | 1 | 1 | 1 |
| Total Workload | 7 | ||