COURSE INFORMATION
Course Title: FINANCIAL MANAGEMENT
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BAF 234 B 4 3 0 0 3 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Nertil Mera
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: E-110 A: 09:30 - 12:15 PM
Course Description: BAF 234 - Financial Management course aims to introduced to concepts and tools that enable them to think critically about the financial opportunities and challenges faced by an organization. This course covers different topics such as financial statements analysis, budgeting, analyze investment options, and determine the best means of financing business endeavors. This course allows students discover ways of assessing both the return and the risk involved in a firm's financial decisions. The focus of this course is on solving practical business problems similar to those encountered in the workplace.
Course Objectives: This course is designed to introduce students to the fundamental issues of financial management and to the quantitative techniques used to address them. The main focus of Financial Management is on valuation criteria and decisions on capital investment accounting for the cost of capital, risk and return. It helps to better understand the decisions on capital structure, dividend policies and the methods used by companies to raise capital.
COURSE OUTLINE
Week Topics
1 Review of Syllabus. Introduction to the course.
2 NPV and Other Investment Criteria
3 Making Capital Investment Decisions
4 Somme Lessons from Capital Market History
5 Risk and Return
6 Review and Quiz 1
7 Midterm Exam
8 Risk and Return
9 Cost of Capital
10 Leverage and Capital Structure
11 Review and Quiz 2
12 Dividends and Dividend Policy
13 Raising Capital
14 Review Before Final Exam
Prerequisite(s):
Textbook: Essentials of Corporate Finance, Stephan A. Ross, Randolph W. Westerfield and Bradford D. Jordan, 9th edition. (2017).
Other References: Fundamentals of Financial Management, Eugene F. Brigham and Joel F. Houston, Concise 9th edition, (2017).
Laboratory Work: -
Computer Usage: Possible
Others: No
COURSE LEARNING OUTCOMES
1 To understand the fundamental principles of financial management
2 To comprehend and critically evaluate information presented in written and numeric form
3 To analyze complex, unstructured qualitative and quantitative problems, using appropriate tools
4 To learn the valuation of cash flow and decisions on capital structure
5 To express ideas clearly, logically and persuasively in oral and written communication
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Banking and Finance (3 years) Program
1 The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way. 5
2 They have knowledge about the finance and banking. 5
3 They have knowledge about the money and banking. 5
4 They have knowledge about the international finance and banking. 4
5 They have ability to use mathematical and statistical methods in banking and finance. 5
6 They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department. 4
7 They have necessary banking and finance skills that needed in private and public sector. 4
8 They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking. 5
9 They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance. 4
10 They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics. 4
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
25
Quiz
2
10
Final Exam
1
45
Attendance
10
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 1 13 13
Assignments 0
Final examination 1 17 17
Other 15 1 15
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5