YALOVA UNIVERSITY – DEPARTMENT OF MANAGEMENT 2014-2015 De Course Name/Code : Financial Management I Instructor : Erol MUZIR (PhD) Telephone (internal) : 5123 E-mail : erol.muzir@yalova.edu.tr Webpage : Office Hours : Monday: 12.00 – 14.00, Wednesday: 13.00 – 14.00 Aim of The Course The primary purpose of this course is to provide the students with essential theoretical framework on the role of finance function in enterprises and key financial decisions affecting corporate performance, thereby enabling them to apply substantial finance theories to real cases. In this manner, the students will go through a teaching process that covers such basic concepts and phenomena as financial analysis and controlling, planning in finance, the ways of raising fund and its use in asset investments. Furthermore, the intermediary position of financial managers between enterprises and financial markets is to be discussed by supplying some knowledge about market dynamics and the foremost financial instruments. Course Outcomes Upon the completion of the course, the students are expected to: - Describe the role of finance function in corporate performance - Be knowledgeable about the key decisions that should be made by a financial manager - Apply the principal financial analysis methods on financial statement data - Derive proforma financial statements using appropriate techniques commonly employed by practitioners - Distinguish between future value and present value and successfully calculate present and/or future value of cash flows. Style of Teaching Lecturing, class discussions, and short cases Attendance Procedure Attendance to the class sessions is not mandatory, but will be strictly required and regularly monitored. No lower limit of attendance required for a student to be accepted to the exams. However, regular attendance will be awarded with bonus points in grading up to 10 %. Grading and Evaluation Midterm Exam: 50 % Final Exam: 50 % Attendance and Participation: 10 % (bonus) Yalova University, Department of Management, YALOVA – TURKEY E-mail: man@yalova.edu.tr YALOVA UNIVERSITY – DEPARTMENT OF MANAGEMENT 2014-2015 De Weekly Course Outline WEEK 1: Introduction to Corporate Finance: Basic Concepts and Legal Forms of Enterprise WEEK 2: Working with Financial Statements: Techniques and Application WEEK 3: Working with Financial Statements: Techniques and Application (Cont’d) WEEK 4: Breakeven and Leverage Analyses WEEK 5: Working Capital Management WEEK 6: Short-Term Financial Planning WEEK 7: Long-Term Financial Planning WEEK 8: MIDTERM EXAM WEEK 9: Cash Management WEEK 10: Credit Management WEEK 11: Credit Management (Cont’d) WEEK 12: Inventory Management WEEK 13: Fisher’s Theory and Time Value of Money WEEK 14: Time Value of Money (Cont’d) WEEK 15: Net Present Value Decision Rule and Its Implications for Financial Decisions Recommended Textbooks Jonathan Berk and Peter DeMarzo, “Corporate Finance”, 2nd Edition (or newer), USA: Pearson, 2011 Stephen A.Ross, Randolph W.Westerfield, and Bradford D.Jordan, “Corporate Finance Fundamentals”, 8th Edition (or newer), USA: McGraw Hill, 2008 Yalova University, Department of Management, YALOVA – TURKEY E-mail: man@yalova.edu.tr