| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İKT310.7B | Investment projects Analyses | Elective | 3 | 6 | 5 |
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| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| The objective of this course is to provide materials, and exercises that will allow the student to deal with the process of decision making with respect to investment in fixed assets. Decision making covers to answer the following question: Should a proposed project be accepted or should it be rejected? Evaluating capital investment proposals, student should be able to compare cash inflows that may spread out over many years with cash outflows that generally occur close to the present with and without consideration of risk factors. |
| Name of Lecturer(s) |
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| Learning Outcomes |
| 1 | list preparing stages of investment project | | 2 | explain preparing stages of investment project | | 3 | use investment project evaluation methods | | 4 | compare investment project evaluation methods | | 5 | arrange investments of the business according to results to get from investment project evaluation methods |
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| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| Process of investment decision making, comparing projects with unequal lives, problem of inflation, cash flows and other topics in capital budgeting, capital budgeting and risk analysis, cost of capital, determining total cash outflow, implications of price increases, investment discount. |
| Weekly Detailed Course Contents |
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| 1 | Course outline | | | | 2 | The basic concepts; classification of investments, project and investment project concepts, important of investment projects | | | | 3 | The stages of investment projects, project idea and pre-analysis, pre feasibility study | | | | 4 | The stages of feasibility study; economic analysis, technical analysis and financial analysis. | | | | 5 | Market researching, demand forecast of investment project. | | | | 6 | Project location selection ; critical factors that infuence location selection, methods of location selection | | | | 7 | Project capacity selection; capacity concept, capacity, relation between capacity and cost, critical factors that infuence capacity selection | | | | 8 | Mid-term exam | | | | 9 | Technical analysis of investment projects, technical evaluation subjects | | | | 10 | Financial analysis of investment projects; cash outflows of investment projects (fixed assets investment, working capital investment, manifacturing and operating cost etc). | | | | 11 | Financial analysis of investment projects; cash inflows of investment projects ( sales revenues, salvage value, etc). | | | | 12 | Capital budgeting techniques; accounting rate of return and payback period techniques | | | | 13 | Capital budgeting techniques; time value of money, discounted payback period, net present value and profitability index techniques. | | | | 14 | Capital budgeting techniques; internal rate of return and modified internal rate of retun | | | | 15 | Review | | |
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| Recommended or Required Reading |
| Emir, M. 2008; Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi, Derya Kitabevi, Trabzon.
Sarıaslan, H. 1994; Yatırım Projelerinin Değerlendirilmesi, Turhan Kitabevi, Ankara. |
| Planned Learning Activities and Teaching Methods |
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| 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 |
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| Workload Calculation |
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| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 1 | 1 |
| Attending Lectures | 14 | 3 | 42 |
| Self Study | 14 | 3 | 42 |
| Individual Study for Mid term Examination | 10 | 3 | 30 |
| Individual Study for Final Examination | 12 | 3 | 36 |
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| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 2 | 3 | 3 | 3 | 2 | 2 | 1 | | LO2 | 3 | 3 | 2 | 2 | 2 | 3 | 1 | | LO3 | 3 | 3 | 3 | 3 | 2 | 2 | 1 | | LO4 | 3 | 3 | 3 | 3 | 2 | 2 | 1 | | LO5 | 3 | 3 | 2 | 3 | 2 | 2 | 1 |
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| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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