COURSE INFORMATION Course Title: FUNDAMENTALS OF CORPORATE FINANCE

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BAF 233	B	3	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 , Tuesday 9:00-11:00
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-312 11:30 - 14:15 (Tuesday)
Course Description:	BAF 233 - Fundamentals of Corporate Finance: Finance function and role of financial manager, financial statements and analysis, cash flow concept, time value of money, risk versus return with a consideration of liquidity, financial forecasting, planning and control, working capital policy, current asset management, capital budgeting and related techniques.
Course Objectives:	The primary objective of this course is to familiarize the student with basic concepts of corporate finance which is the life blood of any business and its various decision variables in the areas of financing, investment and dividend decisions. This course will introduce you to the theories and techniques of managing capital resources and uses within the framework of shareholder wealth maximization. A substantial part of the course is devoted to the proper methods of computing cash flows and determining market values. In addition, we will examine the sources of capital available to businesses and learn how to allocate assets efficiently

COURSE OUTLINE

Week	Topics
1	Review of Syllabus: Introduction to the Course
2	Overview of Corporate Finance
3	Financial Statements, Taxes and Cash Flow
4	Working with Financial Statements
5	The Time Value of Money + Quiz
6	Discounted Cash Flow Valuation
7	Review Before M-Term Exam
8	Midterm Exam
9	Interest Rate and Bond Valuation
10	Equity Markets and Stock Valuation
11	Introduction To Capital Budgeting
12	NPV and Other Investment Criteria
13	Making Capital Investment Decisions
14	Review Before Final Exam

Prerequisite(s):	NA
Textbook:	Essentials of Corporate Finance, Stephan A. Ross, Randolph W. Westerfield and Bradford D. Jordan, McGraw-Hill 9th edition.
Other References:	Fundamentals of Corporate Finance, Brealey, Myers and Marcus (any edition)
Laboratory Work:	NA
Computer Usage:	Yes
Others:	No

COURSE LEARNING OUTCOMES

1	Understand the fundamental principles of corporate finance
2	Understand financial statements, taxes, cash flows and how to work with financial statements
3	Understand the ideas behind the time value of money and be able to calculate the value of cash flows for different financial instruments
4	Learn how to apply some very important methods like NPV, IRR and payback period used in capital budgeting
5	Analyze a range of real-life financial situations using the concepts, frameworks and theories learned throughout the course

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Economics (3 years) Program
1	Students define the fundamental problems of economics	2
2	Students describe key economic theories	2
3	Students critically discuss current developments in economics	2
4	Students appropriately use software for data analysis	1
5	Students critically contextualize the selection of an economic problem for research within scholarly literature and theory on the topic	2
6	Students apply appropriate analytical methods to address economic problems	3
7	Students use effective communication skills in a variety of academic and professional contexts	3
8	Students effectively contribute to group work	3
9	Students conduct independent research under academic supervision	2
10	Students uphold ethical values in data collection, interpretation, and dissemination	3
11	Students critically engage with interdisciplinary innovations in social sciences	2
12	Student explain how their research has a broader social benefit	1

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	35
Quiz	1	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	3	48
Mid-terms	1	10	10
Assignments			0
Final examination	1	15	15
Other	4	1	4
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5