Course Name : Financial Management

Degree: Undergraduate

Code

Year/Semester

Local Credits

ECTS Credits

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

EF 313

3/5(spring)

3

5

3

-

Department

Department of Economics and Finance

Department of International Management and Trade

Department of Maritime Business Management

Department of Management Information Systems

Instructors

Assoc. Prof. Dr. Engin Kurun

Contact Information

ekurun@pirireis.edu.tr

Office Hours

Tuesday 14:00- 16:00

Web page

http://pruonline.pirireis.edu.tr/

Course Type

 Compulsory

Course Language

English

Course Prerequisites

Course Category by Content, %

Basic Sciences

Engineering Science

Engineering Design

Humanities

100

-

-

-

Course Description

The course aims to make students understand the techniques used for the financial planning, control and performance components of a business. Thus, extensive information will be conveyed in areas such as financial decision-making processes covering investment management and capital budgeting, and the use of the financial tables, working capital, liquidity, inventory management accordingly. Furthermore, dividend policy, mergers & acquisitions and corporate restructuring issues will also be discussed.

Course Objectives

1. To provide students with knowledge and skills required for financial management.

2. To prepare students towards financial management problems in their programme.

Course Learning Outcomes

By students who passed from EF 313 successfully

1. Define the major roles of the Financial Manager.
2. Define domestic and international financial market place.
3. Perform financial forecasting and planning.
4. Evaluate financial performance of the business firm.
5. Calculate the Time Value of Money.
6. Identify short and intermediate term funding alternatives.
7. Perform capital budgeting and cash flow analysis.
8. Evaluate capital structure and cost of capital, analyze corporate restructuring and reorganization.

Instructional Methods and Techniques

Teaching method involves interactive lectures and case studies, practical implementation of analytical tools (excel spreadsheet). Each participant should prepare research paper on selected subjects.

Tutorial Place

Class teaching

Co-term Condition

-

Textbook

Richard Brealey, Stewart Myers, Franklin Allen, Principles of Corporate Finance, 11th edition, 2014.

Richard Brealey, Stewart Myers, Alan Marcus, Fundamentals of Corporate Finance, 8th edition, 2014.

Interactive FinSims

http://highered.mheducation.com/sites/0078034760/student_view0/interactive_finsims.html

Other References

• Stephen Ross, Randolph W. Westerfield, Jeffrey Jaffe, Corporate Finance, 10th Edition, 2012.
• Eugene F. Brigham, Joel F. Houston, Fundamentals of Financial Management, 8th edition, 2014.

Homework & Projects

Students  will be required to solve problems presented in worksheet includes some problems, to aid their efforts to follow the development of the course content and to prepare for the examinations and to read some parts from the chapters of course book. And also, they will present a project about “financial analysis of industrial companies in Borsa Istanbul” until the end of the semester.

Laboratory Work

-

Computer Use

Students will prepare their projects based on an excel template.

Other Activities

-

Assessment Criteria

Activities

Quantity

Effects on Grading, %

Attendance

Midterm

1

30

Quiz

Homework

Term Paper/Project

1

20

Laboratory Work

Practices

Tutorial

Seminar

Presentation

Field Study

Final Exam

1

50

TOTAL

100

Effects of Midterm on Grading, %

50

Effects of Final on Grading, %

50

TOTAL

100

ECTS/

WORKLOAD TABLE

Activities

Count

Hours

Total

Workload

Lecture

14

3

42

Midterm

1

20

20

Quiz

Homework

Term Paper/Project

2

10

20

Laboratory Work

Practices

5

2

10

Tutorial

Seminar

Presentation

2

3

6

Field Study

Final Exam

1

25

25

Total Workload

123

Total Workload/25

123/25

Course ECTS Credits

5

Week

Topics

Course Outcomes

1

Introduction to corporate finance

Financial markets

Review of financial statements

I, II

2

Financial analysis

Financial planning (Budgeting)

Working Capital management

I, II, III, IV

3

Time value of money

Valuing bonds

II, V

4

Financial decision making process

Financing vs Investing

Cost of Capital

III, IV, VI

5

Risk & Return

Portfolio theory

Capital Asset Pricing Model (CAPM)

III, IV, VI, VIII

6

Efficient markets & behavioral finance

An overview of corporate financing

Sources of finance (Equity/Debt)

IV, VI

7

Presentation of working groups

Review before mid-term exam

I, II, III, IV, V, VI

8

MID-TERM Exam

I, II, III, IV, V, VI

9

Payout policy

Capital structure

VI, VII, VIII

10

Capital structure theory

Financing & Valuation

V, VI, VII, VIII

11

Valuation of a company

II, III, IV, V, VI, VII, VIII

12

Risk management

Derivatives

VI, VII, VIII

13

Merger & Acquisition

Corporate restructuring

Corporate governance

VI, VII, VIII

14

Review before FINAL Exam

VI, VII, VIII

Program Outcomes

Level of Contribution

1

2

3

a

To use concepts and theories related to different basic functions of business, to analyze and solve related process problems.

X

b

As managers of the business, making decisions using appropriate analytical and quantitative techniques.

X

c

Having research skills on how to obtain the necessary resources to evaluate and solve business problems.

X

d

When adapting information technology applications, be aware of relevant environmental, social and ethical rules

X

e

Using a foreign language and communicating verbally and in writing with colleagues from all over the world to follow new developments in business, management and information.

X

f

To demonstrate teamwork and leadership skills required in business environment and project management.

X

g

For information technology applications - for interdisciplinary work that can combine social and technical areas - to produce and analyze strategies that will improve operational efficiency, improve creativity and innovation.

X

h

Identify software, hardware, infrastructure, database and communication requirements according to business requirements, design the necessary components, make the selection, manage the system.

X

i

To create a project plan for an information system project, to analyze and document the necessary needs, to dominate the systematic database analysis, design and implementation stages, to give technical and managerial contributions, to take responsibility and to manage effectively.

X

j

To know programming and database logic and to use a modern programming language.

X

k

To have mastery of administrative / functional applications of enterprise information systems. To have knowledge about types of enterprise software, software selection and purchase decision, to plan and manage software development processes.

X

Course

Outcomes

I

II

III

IV

V

VI

VII

VIII

Programme

Outcomes

a

x

X

X

X

b

X

X

X

X

c

X

X

X

X

X

X

X

X

d

e

f

X

X

X

X

X

X

X

X

g

X

X

X

X

h

i

j

k

Prepared by

Assoc. Prof. Dr. Engin Kurun

Date

15.01.2019

Signature