Graduate Education Institute · Business Administration (English) · Master
Course Objective
This course will explore the financial decisions faced by financial managers in their interactions with external investors and within their firms. At the same time, we accept that their main aim is maximizing the firm value. Financial managers have numerous investment opportunities. They must decide which assets to purchase and projects to undertake. At the same time, they must decide how to fund such investments, whether to raise cash from creditors or shareholders and what the best mix of debt and equity financing is. This course aims to provide students with the necessary skills to make such investment and financing decisions.
Course Content
Capital budgeting, stock, bond and firm valuation, capital structure, dividend policy and long-term financing are the topics covered in this course.
Required Resources
Gitman, L. J., & Zutter, C. J. (2015). Principles of Managerial Finance Global Edition 14th. England: Pearson Educational Limited.
Recommended Resources
Brigham, E.F., and Houston, J.F., Hsu Jun-Ming, Kong Y.K., Bany-Ariffin A.N. (2014). Essentials of Financial Management (3rd Ed.). Cengage Learning.
Ross, S. A., Westerfield, R., & Jordan, B. D. (2014). Fundamentals of corporate finance. McGraw Hill LLC.
Rules
Academic Integrity: Students are expected to adhere to the ethical code of Istanbul Sabahattin Zaim University, and you commit to these principles by enrolling in this class. Academic dishonesty in any form is unacceptable, and penalties range from failing the exam to being dismissed from the university. We consider any violation of academic integrity to be a very serious matter.
Classroom Behavior:
- Everyone is strongly encouraged to ask questions and make comments during the class.
- Please turn off cell phones and other devices unless required by the lecturer.
- Please arrive on-time and expect to leave at the end of class.
Course Learning Outcomes
- At the end of this course, the students will be able to, -learn the basic concepts and theories of financial management, -to make calculations about inventories, capital budgeting, -to interpret the connections between reality and theory.
- To be able to explain the basics of corporate finance
- To be able to employ the basic methods of capital budgeting
- To be able to explain the capital structure theories
- To be able to evaluate the firm value
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 3 | 48 |
| Midterm | 1 | 1 | 1 |
| Quiz | 0 | 0 | 0 |
| Assignment | 10 | 5 | 50 |
| Practice | 10 | 4 | 40 |
| Final | 1 | 3 | 3 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Bonds and Bonds Valuation | - |
| 2 | Stocks and Stocks Valuation | - |
| 3 | Risk and Returns | - |
| 4 | Cost of Capital 1 | - |
| 5 | Cost of Capital 2 | - |
| 6 | Capital Budgeting Techniques 1 | - |
| 7 | Capital Budgeting Techniques 2 | - |
| 8 | Mid term exam | - |
| 9 | Cash Flow Estimations | - |
| 10 | Leverage and Capital Structure 1 | - |
| 11 | Leverage and Capital Structure 2 | - |
| 12 | The basics of payout policy | - |
| 13 | Working Capital Management 1 | - |
| 14 | Working Capital Management 2 | - |
| 15 | Revision | - |
| 16 | Final Exam | - |