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-212: 14:30 - 17:15 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 Economics (3 years) Program
1 Students define the fundamental problems of economics 3
2 Students describe key economic theories 3
3 Students critically discuss current developments in economics 3
4 Students appropriately use software for data analysis 4
5 Students critically contextualize the selection of an economic problem for research within scholarly literature and theory on the topic 3
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 4
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 5
12 Student explain how their research has a broader social benefit 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