ÇAĞ UNIVERSITY
INSTITUTE OF SOCIAL SCIENCES
Learning Outcomes of the Course
Code
Course Name
Credit
ECTS
MAN 602
8
Financial Management
3 (3-0-0)
Prerequisites
None
Language of Instruction
Mode of Delivery
Face to face
Turkish
Type and Level of Course
Compulsory/ Third Cycle
Lecturers
Name(s)
Lecture Hours
Office Hours
Contacts
Course Coordinator
basaran@cag.edu.tr
Prof. Dr. Mustafa Başaran
Wed. 13-16
Thu.: 16-17
Course Objective
Course aims to equip the students students to illustrate the relationship between
finance & accounting, organizing and analysing basic financial statements and have
the ability to improve their basic financial perspectives.
Relationship
Students who have completed the course successfully should be
Net Effect
Prog.
able to
Output
5
1
define Finance and the role of Financial Manager and explain how
7
financial markets and institutions channel savings to corporate
investment.
3&5
2
analyze the relationship between finance & accounting and
3&7
organize basic financial statements
3&5
3
applicate financial analysis techniques, calculate financial ratios
3&7
and arrange proforma statements.
3&5
4
demonstrate the fundamentals of Equity Planning by explaining
3&7
the chracteristics of Stocks and Long-Term Financial Planning by
explaining the chracteristics of Bonds.
3&5
5
use Evaluation Techniqes in Capital Budgeting and apply on
3&7
projects.
3&5
6
explain the type of interest rates and calculate FV of money
3&7
invested, PV of a future payment, annuities and set the Cash
Flow.
3&5
7
demonstrate the basic rules of Risk, Return and Opportunity Cost
3&7
of Capital.
Course Description: Financial Management begins with the definition of finance function and evaluate the
contents of fundamental analysis. In this sense, the relationships between finance and accounting, financial
statements, financial statement analysis, financial planning, relationship between risk and return, financing
decisions using debt or equity capital, and finally matters of dividend policy and Time Value of Money are
the main topics that will be covered.
Course Contents:( Weekly Lecture Plan )
Weeks
1
3
Topics
The Corporation and the Financial Manager The Role
of Financial Markets and Institutions
Accounting & Finance & Financial Statements
(Balance Sheet, Income and Cash Flow Statement)
Problem Solutions
4
Financial Statement Analysis
Textbook Ch. 4
5
Textbook Ch. 17
6
Problem Solutions
(Preparing Proforma Statements)
Long-Term Financial Planning
7
Short-Term Financial Planning
Textbook Ch. 18
8
Problem Solutions
Textbook Ch. 19
9
Working Capital Management
(Receivables & Inventory Management)
Working Capital Management
(Cash Management)
Time Value of Money & Risk
Textbook Ch. 19
2
10
11
Preparation
None
Textbook Ch. 1&2
Textbook Ch. 3
Textbook Ch. 3
Textbook Ch. 18
Textbook Ch. 20
Textbook Ch. 4&12
Teaching Methods
Lectures
Presentation &
Demonstration
Exercises & Mini Case
Studies
Presentation &
Demonstration
Exercises & Mini Case
Studies
Presentation &
Discussion
Exercises & Mini Case
Studies
Presentation &
Discussion
Exercises & Mini Case
Studies
Presentation &
Demonstration
Exercises & Mini Case
12
13
Time Value of Money & Risk
Capital Budgeting
Textbook Ch.4&12
Textbook Ch. 3&10
14
Capital Budgeting
Textbook Ch. 3& 10
Studies
Team Work
Exercises & Mini Case
Studies
Exercises & Mini Case
Studies
REFERENCES
Brealey Richard A., Myres Stewart C., Marcus Alan J.; Fundamentals of Corporate
Finance, McGraw-Hill, USA, 2007 ISBN-13: 978-0-07-110592-7
Related Links
Educational Financial Videos - Investopedia Videos www.investopedia.com › Videos Investopedia Video animates the financial concepts you need to know.
http://www.forexpros.com/
http://financial-education.com/
Course Notes
Başaran M.; Time Value of Money: “Calculation Tricks”
Başaran M.; Cost of Capital
Başaran M., Capital Budgeting
Recommended
Akgüç Öztin, Finansal Yönetim (7.Basım), Avcıol Basım Yayım, İstanbul, 1998,
Reading
ISBN-9789757429098
Ceylan Ali, İşletmelerde Finansal Yönetim (11. Basım), Ekin Basım Yayım, Bursa,
2010,
ISBN-9789757338321
Temel İşletmecilik Bilgisi; H.Özgen, A.Öztürk, A. Yalçın; Nobel Kitabevi, ISBN: 9758561-07-3; Adana, 2004.
Damodaran A.,Applied Corporate Finance, John Wiley & Sons, USA, 2006, ISBN: 0471-66093-0
GITMAN L. J.; Principles of Managerial Finance, 11 th Edition, Pierson Education,
USA, 2006, ISBN: 0-321—31150-7.
Vernimmen P., Corporate Finance, John Wiley & Sons, USA, 2006, ISBN: 978-0-47009225-5
Blackwell D., Griffiths M., Winters D., Modern Financial Markets, John Wiley & Sons,
USA, 2007, ISBN: 978-0-470-00010-6
Subscription to a weekly finance periodical.
Material Sharing
Solving of Cheapter-End Problems and Presentation Slides from WEB Automation
System
ASSESSMENT METHODS
Activities
Number
Effect
Notes
Midterm Exam
1
30%
Project
1
20%
50%
Effect of The Activities
50%
Effect of The Final Exam
ECTS TABLE
Contents
Number
Hours
Total
Hours in Classroom
14
3
42
Hours out Classroom
14
6
84
Project
1
50
50
Midterm Exam
1
20
20
Final Exam
1
30
30
Total
216
Total / 30
=226/30=7,53
ECTS Credit
8
RECENT PERFORMANCE
Course is planned to execute 2011-12 Spring Term.
Textbook
FUNDAMENTALS of TERM PROJECT
At the beginning of the term, each student will choose one of the Firms that are quoted to Istanbul
Stock Exchange-100 and will propose it to the instructor. After registration he/she will begin to collect all
information about the Firm. These data will cover its operational activities, its position in the related sector,
targets and expectations for the future, it’s at least five years consolidated Balance Sheets and Income
Statements.
Within the information equipped in the Course and using the collected data, the Term Project will be
prepared under the following headlines:
CONTENTS FOR TERM-PROJECT
1. General Explanations
a. General Economic Panorama
b.The Industrial Sector
c. Introduction of Company
2. Financial Statements & Analysis ( at least for three years)
a. Balance Sheets
b.Income Statements
c. Cash Flows
d.Ratios
e. Proforma Financial Statements
3. Calculations of Weighted Average Cost of Capital
a. Calculations of βetas
b. Cost of Equity Capital
c. Cost of Debt Capital
d. WACC of the Firm
4. Stock Exchange Performance (Price Changes & Graphics)
5. General Evaluation: Is The Company valuable to invest ?