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Description of Individual Course Units| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İŞL302B | Financial Management-II | Compulsory | 3 | 6 | 5 |
| | Level of Course Unit | | First Cycle | | Objectives of the Course | | This course aims to explain long-term financial decisions of a company. | | Name of Lecturer(s) | | Dr. Öğr. Üyesi Eşref KULOĞLU | | Learning Outcomes | | 1 | determine aim and process of capital budgeting. | | 2 | explain evaluation methods of long-term investment decisions. | | 3 | demonstrate long-term investment and financial policies of firms. | | 4 | plan optimal financial structure for business | | 5 | review long-term investment and financial policies selecting if required. |
| | Mode of Delivery | | Second Education | | Prerequisites and co-requisities | | None | | Recommended Optional Programme Components | | None | | Course Contents | | It focuses on capital investment: The value of Money, estimating relevant cash flows, risk differentials and strategic considerations, cost of capital. Long term financing, capital structure planning and policy, long term dept, lease financing, convertible securities and warrants, divident policy. | | Weekly Detailed Course Contents | |
| 1 | Capital budgeting and investment decisions, and general description and basic concepts. Motivations of business investment, investment in various aspects of separation and investment decisions being taken which are necessary for the data. | | | | 2 | Evaluation of investment projects. Not take into consideration the time value of money ways: A simple method of profit rate, the average profit rate method and the method of repayment period. Methods of evaluation. | | | | 3 | Business investment decisions, investment decisions, and general description and basic concepts. Motivations of business investment, investment in various aspects of separation and investment decisions being taken which are necessary for the data. | | | | 4 | Internal profitability (efficiency) ratio method, internal rate of profitability, net present value method and rate method in the profitability of evaluation. | | | | 5 | Economic evaluation of life with different investment project. Common approach to life, and eternal life-year approach equal anuiye approach. Evaluation of investment projects in the inflationary environment. The effect of inflation on investment projects. | | | | 6 | Risky investment projects evaluation methods to determine the overall risk concepts. Sensitivity analysis to measure the risk. Break-even point analysis, the safety margin, operating leverage, financial leverage and total leverage. | | | | 7 | Sensitivity analysis to measure risk: Reduced cash flows method. Probability analysis to measure risk: Risk adjusted discount rate method, specificity equality approach. | | | | 8 | Expected net present value method, the expected net cash flows method and decision tree method. | | | | 9 | Mid-term exam | | | | 10 | Capital costs. Cost of foreign resources ve cost of equity capital. | | | | 11 | The average cost of capital and marginal cost of capital. | | | | 12 | Related to the formation of capital structure and structure decisions. Operating income approach, net operating income approach, the traditional approach, Modigliani and Miller approach. In the selection of the most appropriate capital structure before interest and tax profit - income per share approach. | | | | 13 | Medium-term financing sources: medium-term bank loans, rotary loans, installment loans for equipment, forfaiting, leasing .. | | | | 14 | Long-term sources of financing: Bank loans, bonds and bonds of the kind of stock. | | | | 15 | Firm decisions in the distribution of profits. | | | | 16 | End-of-term exam | | |
| | Recommended or Required Reading | | Ercan, M. K., & Ban, Ü. (2010). Değere dayalı finansal yönetim. Gazi Kitabevi, Ankara. | | Planned Learning Activities and Teaching Methods | | | Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
| | Workload Calculation | |
| Midterm Examination | 1 | 1 | 1 | | Final Examination | 1 | 1 | 1 | | Attending Lectures | 14 | 3 | 42 | | Case Study | 9 | 1 | 9 | | Self Study | 14 | 3 | 42 | | Individual Study for Mid term Examination | 1 | 25 | 25 | | Individual Study for Final Examination | 1 | 30 | 30 | |
| Contribution of Learning Outcomes to Programme Outcomes | | LO1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 2 | 1 | 3 | | LO2 | 2 | 3 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 4 | | LO3 | 3 | 3 | 1 | 4 | 3 | 3 | 1 | 1 | 3 | 3 | | LO4 | 2 | 2 | 3 | 2 | 1 | 2 | 4 | 4 | 2 | 4 | | LO5 | 1 | 2 | 3 | 2 | 3 | 2 | 2 | 3 | 3 | 4 |
| | * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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