Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
1İŞL651Financial Management3+0+03819.09.2022
Course Details
Language of Instruction Turkish
Level of Course Unit Doctorate's Degree
Department / Program Business (PhD)
Type of Program Formal Education
Type of Course Unit Elective
Course Delivery Method Face To Face
Objectives of the Course The general aim of this course is to approach the main financial management issues from an analytical point of view, to examine the relationship between the issues and to examine and interpret these issues in depth with case studies.
Course Content The Financial Management course aims to improve the financial education you have seen at undergraduate and graduate levels in an analytical dimension. Contributing to the analysis and interpretation of basic financial problems, providing a perspective for businesses to determine financial strategies is among the achievements of the course. It is important that there is no deficiency in basic information, as the relationship between the basic financial management topics will be examined in depth within the scope of the course. During the course, sample applications will be made on the financial data of companies listed on Borsa Istanbul and the results of the analysis will be interpreted in detail. In addition, basic finance issues will be examined in depth with case studies. It is recommended to come to the lesson by reading the relevant section from the source books before the lessons. Evaluation of the course will be done through visa, research project narration and case study project.
Course Methods and Techniques
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Associate Prof.Dr. Yunus KILIÇ
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Okka, O. (2015). Analitik Finansal Yönetim. Ankara: Nobel Yayın Dağıtım.
Okka, O. (2013). Finansal Yönetim Örnek Olayları ve Örnek Çözümler. Ankara: Nobel Yayın Dağıtım.
Sayılgan, G. (2013). Soru ve Yanıtlarıyla İşletme Finansmanı. Ankara: Turhan Kitabevi.
? Borsa İstanbul Web Sitesi (https://www.borsaistanbul.com/) ? Türkiye Cumhuriyet Merkez Bankası Web Sitesi (https://www.tcmb.gov.tr/) ? Kamuyu Aydınlatma Platformu Web Sitesi (https://www.kap.org.tr/tr/)


Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 30
Assignment 1 % 20
Final examination 1 % 50
Total
3
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 15 3 45
Hours for off-the-c.r.stud 15 5 75
Assignments 1 30 30
Mid-terms 1 30 30
Final examination 1 60 60
Total Work Load   Number of ECTS Credits 8 240

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Finansal tablolara ilişkin ileri düzey bilgileri açıklar.
2 Finansal tabloları detaylı bir biçimde okur ve yorumlar
3 Paranın zaman değerini hesaplar ve finansal açıdan işletmeler üzerindeki etkilerini yorumlar
4 Menkul kıymet değerlemesi yapar ve portföy oluştururken nelere dikkat etmesi gerektiğini açıklar.
5 İşletmelerdeki sermaye yapısı politikalarını açıklar ve kaldıracın etkisini yorumlar.
6 İşletme sermayesi yönetimi konusunda finansal stratejiler oluşturur.
7 Borç yönetimi konusunda finansal stratejiler oluşturur ve türev ürün kullanımını bilir.
8 Temel finans konuları ile ilgili örnek olaylar vasıtasıyla kapsamlı analizler yapar.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Course Introduction syllabus This week, the aim of the course, learning outcomes, expectations from students, teaching materials, attendance, teaching methods and techniques of the course, evaluation criteria will be reviewed. A brief explanation will be given about the topic of the second week.
2 Financial Management Review, Depreciations, Taxes What are the objectives of financial management? Profit maximization or shareholder welfare maximization? What is the role of financial managers in the firm? What is the agency problem? What is the tax structure in companies? Does it vary by company type?
3 Financial Statements Which financial statements should be prepared according to TDMS and TMS/TFRS? What are the limits of the balance sheet? What are the limits of the income statement? What is to be understood from a complete financial statement? What is the significance of the footnotes for the financial statements?
4 Financial Mathematics Okka, O./Chapter 2 Which financial statements should be prepared according to TDMS and TMS/TFRS? What are the limits of the balance sheet? What are the limits of the income statement? What is to be understood from a complete financial statement? What is the significance of the footnotes for the financial statements?
5 Securities Valuation Okka, O./Chapter 6-7 What are the features of bonds and stocks, what are the differences between them? Which methods are used in bond and stock valuation? What effect does the change in interest rates have on bond and stock prices? What are the risks associated with bonds? What kind of returns do bonds and stocks have for investors? Which securities make sense to invest in which states of the economy?
6 Leverage and Capital Structure Policy Okka, O./Chapter 11 What are break-even analyzes? What are the differences between operating leverage and financial leverage? How should compound leverage be interpreted? What are capital structure theories? How to create an optimal capital structure? What approaches are there in determining the debt/equity ratio?
7 Example applications Sample applications prepared by the lecturer from different sources will be made. The effects of the topics covered in the previous weeks on the financial positions of SMEs or Borsa İstanbul companies will be discussed.
8 Midterrm exam
9 Cash, Trade Receivables and Inventory Management Okka, O./Chapter 14 How to make effective use of cash? What should be the optimum cash amount? What are the decision models used for optimum cash holding? How is the amount of accounts receivable calculated? What are the factors to be considered in credit management? What are stock management techniques? What are the consequences of stock shortages in companies? What are the expenses associated with keeping stock?
10 Debt Management and Derivative Products Okka, O./Chapter 19 What are the differences, advantages and disadvantages between long-term borrowing and short-term borrowing? What are options, swaps, futures? What should be considered in forward foreign currency and interest contracts? What is hedging? What methods should businesses follow to avoid risk?
11 Örnek Olay Çözümü – Finansal Analiz – Oto Motor Parçaları Üretim A.Ş. : Okka, O./Örnek Olay 6
12 Örnek Olay Çözümü – Sermaye Bütçelemesi – Yeşil Fırıncılık A.Ş. Okka, O./Örnek Olay 29
13 Örnek Olay Çözümü – Finansal Değerlendirme – Ezgi Sanayi Üretim A.Ş. Okka, O./Örnek Olay 39
14 Örnek Olay Çözümü – Başabaş Noktası Analizleri, Faaliyet Kaldıracı ve Finansal Kaldıraç – Kalyon Sanayi ve Ticaret A.Ş. Okka, O./Örnek Olay 45

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 3 3 3 4 3 4 3 3 3 3
C2 3 3 3 2 3 4 4 4 4 4
C3 4 4 4 3 4 3 4 2 4 3
C4 3 5 3 3 3 3 3 3 3 3
C5 2 2 3 3 4 2 3 3 4 4
C6 3 3 4 5 3 3 3 4 3 5
C7 4 4 3 4 4 4 4 3 3 4
C8 3 3 3 3 3 3 5 2 3 3

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant