MDST116 Foreign Trade PracticesIstanbul Okan UniversityDegree Programs Foreign Trade General Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Foreign Trade
Associate TR-NQF-HE: Level 5 QF-EHEA: Short Cycle EQF-LLL: Level 5

General course introduction information

Course Code: MDST116
Course Name: Foreign Trade Practices
Course Semester: Spring
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 6
Language of instruction: TR
Course Requisites:
Does the Course Require Work Experience?: No
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: Students who successfully complete this course;
Know the general foreign trade theories
Have knowledge about international trade policies and international competition
Understand the importance of foreign trade contracts
Understand the operation of import and export operations
Recognize the types of payment methods used in foreign trade
Course Content: The aim of international trade, the general concepts of import and export applications, the ability to define and interpret import and export company policies and the evaluation and selection of export and import markets

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) To be able to explain the general concepts of international trade, import and export applications
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
1) To be able to answer the legal and economic questions of import / export enterprises with practical examples
2) To be able to define and interpret company policies for import and export
3) Ability to execute foreign market research
4) To be able to prepare documents used in foreign trade
Competence to Work Independently and Take Responsibility

Lesson Plan

Week Subject Related Preparation
1) General Concepts of International Trade Lecture Notes
2) Foreign trade tools and techniques Lecture Notes
3) Foreign trade documents Commercial Documents Official Documents Transport Documents Insurance Documents Financial Documents Lecture Notes
4) Payment Methods Advance Payment Goods against document Goods against payment Consigment export Letter of Credit Lecture Notes
5) National Foreign Trade Association International Trade Organizations Lecture Notes
6) Free Trade Zones (FTZ) Main Purpose of FTZs Historical Evolution of FTZs Free Trade Zones in Turkey Lecture Notes
7) Midterm exam Lecture notes
8) • International Logistics • International Transport Decisions • International Transport Modes, Conventions and Documents • Customs, Warehouses Lecture Notes
9) What is Risk? What is Risk Management? Basic Risks Involved in Foreign Trade Risk Management in Foreign Trade Lecture Notes
10) International Trade Financing Financing Needs of Exporters Financing Needs of Importers Factoring Forfaiting Financial Leasing Government Assistance Programs Banking Services in International Trade Lecture Notes
11) Dealing with Customs Customs Administration Customs Tariff Customs Clearance of Goods Customs Brokers European Union – Turkey Association European-Turkey Customs Union European Union Free Trade Agreements and Turkey Lecture notes
12) Import Management Process International Purchasing International Delivery International Payment Customs Clearance Evaluation of Performance Lecture Notes
13) Export Management Process Stages Export Preparation or Analysis Stage Export Planning Stage Export Implementing and Controlling Stage Lecture Notes
14) • International Business • Contractual Agreements • Incoterms • Transportation modes • International payment methods and risk management • International Trade Financing • Import / Export Management Lecture Notes
15) Final exam

Sources

Course Notes / Textbooks: Uygulamalı İhracat - İthalat, Mesut Bilginer , Mahmut Yardımcıoğlu , Alaaddin İlker , Bayram Ali Zengin , M. Akif Gündüz , Güçlü Tümer , Emine Demir , Bülent Erdoğan , Harun Yeniçeri, Gazi Kitabevi
References: Dış Ticaret İşlemleri, Öğr. Gör. Yaser GÜRSOY, Seçkin Yayınevi

Course-Program Learning Outcome Relationship

Learning Outcomes

1

3

4

5

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 5
2) Having basic knowledge about export and customs legislation 5
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

Assessment & Grading Methods and Criteria

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

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 15 3 45
Study Hours Out of Class 15 3 45
Presentations / Seminar 1 15 15
Homework Assignments 1 15 15
Quizzes 1 15 15
Midterms 1 15 15
Final 1 15 15
Total Workload 165