FOREIGN TRADE(ENGLISH)
Associate	TR-NQF-HE: Level 5	QF-EHEA: Short Cycle	EQF-LLL: Level 5

General course introduction information

Course Code:

MFTR206

Course Name:

Foreign Trade Finance

Course Semester:

Spring

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	7

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

Associate

TR-NQF-HE:5. Master`s Degree

QF-EHEA:Short Cycle

EQF-LLL:5. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Öğr.Gör. MÜRÜVVET AKAR

Course Lecturer(s):

Öğr.Gör. JÜLİDE ÖNGÜÇ

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;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
2 - Skills
Cognitive - Practical
1) Knows the financing tools of international trade.
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
1) Understands the most important criteria for selecting the best among the various financing alternatives
2) Evaluates the various financing techniques encountered in international business life in terms of risks.
3) Knows the fundamentals of foreign trade financing and credit operations.
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	Disclosure of the theme for Foreign Trade Countries • Explaining the basic concepts related to foreign trade	Lecture Notes
2)	• Discussion of the contribution of exports to the country's economy • Concepts and institutions used in foreign trade	Lecture Notes
3)	• Identification of documents used in foreign trade • Explanation of delivery forms used in foreign trade • Discussion of the issue of financing of documents and delivery forms	Lecture Notes
4)	• Defining payment styles in foreign trade • Explanation of role of banks in payment methods • Understand the key factors of payment method preferences	Lecture Notes
5)	• Identification of letters of credit • Functioning of the letter of credit payment system • Disclosure of letter of credit types • Role and disclosure of parties in the letter of credit • Determination of the risks in the letter of credit	LEcture Notes
6)	• Disclosure of short-term financing of exports • Identification of short term financing instruments before shipment • Identification of post-shipment shortterm financing instruments	Lecture notes
7)	• Understanding Eximbank activities, functions and objectives • Providing information about Eximbank credit types and export insurances	Lecture notes
8)	Midterm exam
9)	Information on medium and long term financing of exports • Define the methods of financing before and after shipment	Lecture Notes
10)	• Understanding of alternative financing techniques in foreign trade • Factoring, forfaiting, description of leasing vehicles, explanations of their functioning and usage areas	Lecture Notes
11)	• Getting information about the financing methods of imports • Selection of pre-import and post-import financing instruments	Lecture Notes
12)	Disclosure of ECA Country credits and state benefits	LEcture Notes
13)	• To obtain information on letters of guarantee and letters of guarantee used in foreign trade. • Disclosure of risks and methods of risk protection in foreign trade	LEcture Notes
14)	• Definition of the guarantee letter and the parties and types of guarantee letter • Letters of guarantee used in foreign trade, external guarantees and counterguarantees, and stand-by letter of credit • Foreign trade risk mitigation methods, hedging: forward, futures, swap, option	Lecture Notes
15)	Final exam

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	3	4
Program Outcomes
1) Being knowledgeable in the field of foreign trade and knowing the various documents used
2) Having basic knowledge about export and customs legislation
3) Having the knowledge of associating foreign trade with logistics management
4) To have knowledge about international trade organizations and European Union
5) To have knowledge of foreign trade financing
6) To have the practice of researching and reporting information with graduation Project
7) Being conscious about Atatürk Principles and having knowledge about History of Turkish Revolution
8) To have basic knowledge in business administration and vision of international business
9) To have knowledge about basic methods used in financial accounting
10) Having effective communication skills in oral and written
11) Use at least one foreign language as scientific language

Course - Learning Outcome Relationship

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

	Program Outcomes	Level of Contribution
1)	Being knowledgeable in the field of foreign trade and knowing the various documents used	3
2)	Having basic knowledge about export and customs legislation
3)	Having the knowledge of associating foreign trade with logistics management
4)	To have knowledge about international trade organizations and European Union
5)	To have knowledge of foreign trade financing	5
6)	To have the practice of researching and reporting information with graduation Project
7)	Being conscious about Atatürk Principles and having knowledge about History of Turkish Revolution
8)	To have basic knowledge in business administration and vision of international business
9)	To have knowledge about basic methods used in financial accounting
10)	Having effective communication skills in oral and written
11)	Use at least one foreign language as scientific language

Learning Activity and Teaching Methods

Expression
Lesson
Project preparation

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Individual Project

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
Midterms	1	1	1
Final	1	1	1
Total Workload			5