Foreign Trade
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

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
Öğr.Gör. MÜRÜVVET AKAR

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
1) Learning the details of foreign trade
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
1) Learning and applying differrent financial tools of import and export
2) 3.1) To learn different national and international foreign trade financing tools
Competence to Work Independently and Take Responsibility

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
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	4
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

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