SECTION I: GENERAL INFORMATION ABOUT THE COURSE |
| Course Code | Course Name | Year | Semester | Theoretical | Practical | Credit | ECTS |
| 60413MEEOZ-INT0147 | Trade Financing | 4 | Fall | 3 | 0 | 3 | 5 |
| Course Type : | Compulsory |
| Cycle: | Bachelor TQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree |
| Language of Instruction: | English |
| Prerequisities and Co-requisities: | N/A |
| Mode of Delivery: | Face to face |
| Name of Coordinator: | Dr. Öğr. Üyesi NESLİHAN BALCI VAROL |
| Dersin Öğretim Eleman(lar)ı: |
Dr. Öğr. Üyesi NESLİHAN BALCI VAROL |
| Dersin Kategorisi: |
SECTION II: INTRODUCTION TO THE COURSE |
| Course Objectives: | The aim of the course is while evaluating the traditional and contemporary trade financing methods both for export and import, to handle the international trade risks within the scope of financing. |
| Course Content: | Payment methods in international trade, currency risk and derivatives market, export financing according to the source, maturity and stage of the financing and Eximbank credits, factoring, forfeiting, leasing and the financing of import subjects are going to be handled with contemporary practical cases. |
| Knowledge (Described as Theoritical and/or Factual Knowledge.) | ||
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1) To explain the importance of financing in foreign trade firms. |
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2) To be able to evaluate the international payment methods as a financing tool. |
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3) To be able to evaluate the currency risk management. |
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4) Know the export and import financing methods. |
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| Skills (Describe as Cognitive and/or Practical Skills.) | ||
| Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.) | ||
| Week | Subject | ||
| Related Preparation | Further Study | ||
| 1) | Introduction to Foreign Trade Financing - What is International Trade? What are the risks of International Trade? - Relation between International Trade and Trade Financing | ||
| 2) | International Payment Methods as a Financing Tool - Cash Payment - Cash Against Goods | ||
| 3) | International Payment Methods as a Financing Tool - Cash Against Documents - Bank Acceptance | ||
| 4) | International Payment Methods as a Financing Tool - Letter of Credit - Bank Payment Obligation (BPO) | ||
| 5) | Currency Risk Management and Derivatives Market | ||
| 6) | Export Financing - According to maturity | ||
| 7) | Export Financing - According to stage | ||
| 8) | Midterm Exam | ||
| 9) | Export Financing - According to the source | ||
| 10) | Eximbank Credits | ||
| 11) | Other Methods in Foreign Trade Financing - Factoring - Forfaiting - Leasing | ||
| 12) | Other Methods in Foreign Trade Financing - Factoring - Forfaiting - Leasing | ||
| 13) | Import Financing | ||
| 14) | Import Financing | ||
| Course Notes / Textbooks: | Uluslararası Ticaret ve Finans El Kitabı, Anders Grath Uluslararası Ticaret ve Finansmanı, Mehmet Tomanbay Bankacılıkta Dış Ticaret İşlemleri, Mehmet Vurucu, Mustafa Ufuk Arı Uluslararası Finans, Halil Seyidoğlu |
| References: | eximbank.gov.tr tcmb.gov.tr iccwbo.org oecd-library.org |
DERS ÖĞRENME ÇIKTILARI - PROGRAM ÖĞRENME ÇIKTILARI İLİŞKİSİ |
| Ders Öğrenme Çıktıları (DÖÇ) | 1 |
2 |
3 |
4 |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Program Öğrenme Çıktıları (PÖÇ) | |||||||||||||||||||||||||
| 1) Improves analytical thinking, problem solving in organizational issues, time management, self-discipline and communication skills. | |||||||||||||||||||||||||
| 1) Students will be able to benefit from contemporary information technologies and tools in business life, are willing to learn continuously, are open to innovations and can easily adapt to changes. | |||||||||||||||||||||||||
| 1) Learns and uses the basic information, concepts and theories required in the field of international trade. | |||||||||||||||||||||||||
| 1) Acquires the analyzing solving the problems and managing the conflicts. | |||||||||||||||||||||||||
| 1) Experiences all processes in business life. | |||||||||||||||||||||||||
| 1) Apart from subjects such as finance, business, economics, management-organization, marketing, sales management, human resources management, which constitute the main subjects of business management, it is also necessary for foreign trade, logistics, supply chain management, customs, insurance and risk management. have the necessary basic information. | |||||||||||||||||||||||||
| 2) Takes part in activities related to the field of education in a business operating in the field. | |||||||||||||||||||||||||
| 2) Use information and communication technologies and business applications and international trade in information systems effectively. | |||||||||||||||||||||||||
| 2) Participates as a team member and takes responsibility in the environments that require the solving of the conflicts and acts as a leader when necessary. | |||||||||||||||||||||||||
| 2) Except the core subjects of the business, students have knowledge about leadership, behavioral sciences, communication and entrepreneurship; in the field of service, mathematics, statistics, law, operations research, information processing and management information systems. | |||||||||||||||||||||||||
| 2) Uses problem solving, time management, self-discipline and effective communication skills at work. | |||||||||||||||||||||||||
| 3) Questions the application with theoretical knowledge. | |||||||||||||||||||||||||
| 3) Has awareness for ethical and social responsivity. | |||||||||||||||||||||||||
| 3) Can develop effective management strategies using appropriate theory and methods; plan, co-ordinate, implement and control management processes | |||||||||||||||||||||||||
| 4) Compiles the knowledge and experience gained in the field. | |||||||||||||||||||||||||
| 4) Applies the theoretical knowledge in business life during a semester. | |||||||||||||||||||||||||
| 4) By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her group in a systematical and effective way. | |||||||||||||||||||||||||
| 5) Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view. | |||||||||||||||||||||||||
| 5) S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field. | |||||||||||||||||||||||||
| 6) Develops strategical, innovative and entrepreneurial ideas. | |||||||||||||||||||||||||
| 7) Acquires competence of managing the change. | |||||||||||||||||||||||||
| 8) Shows development personally and socially with and awareness for lifelong learning. | |||||||||||||||||||||||||
| 9) Follows advanced technologies and developments about digital transformation. | |||||||||||||||||||||||||
| 10) Has cultural awareness and s/he transfers this to the groups within and outside his/her field. | |||||||||||||||||||||||||
| 11) Has awareness about citizenship competency. | |||||||||||||||||||||||||
| 12) Acquires communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+). | |||||||||||||||||||||||||
SECTION III: RELATIONSHIP BETWEEN COURSE UNIT AND COURSE LEARNING OUTCOMES (CLOs) |
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Programme Learning Outcomes | Contribution Level (from 1 to 5) | |
| 1) | Improves analytical thinking, problem solving in organizational issues, time management, self-discipline and communication skills. | |
| 1) | Students will be able to benefit from contemporary information technologies and tools in business life, are willing to learn continuously, are open to innovations and can easily adapt to changes. | |
| 1) | Learns and uses the basic information, concepts and theories required in the field of international trade. | |
| 1) | Acquires the analyzing solving the problems and managing the conflicts. | |
| 1) | Experiences all processes in business life. | |
| 1) | Apart from subjects such as finance, business, economics, management-organization, marketing, sales management, human resources management, which constitute the main subjects of business management, it is also necessary for foreign trade, logistics, supply chain management, customs, insurance and risk management. have the necessary basic information. | |
| 2) | Takes part in activities related to the field of education in a business operating in the field. | |
| 2) | Use information and communication technologies and business applications and international trade in information systems effectively. | |
| 2) | Participates as a team member and takes responsibility in the environments that require the solving of the conflicts and acts as a leader when necessary. | |
| 2) | Except the core subjects of the business, students have knowledge about leadership, behavioral sciences, communication and entrepreneurship; in the field of service, mathematics, statistics, law, operations research, information processing and management information systems. | |
| 2) | Uses problem solving, time management, self-discipline and effective communication skills at work. | |
| 3) | Questions the application with theoretical knowledge. | |
| 3) | Has awareness for ethical and social responsivity. | |
| 3) | Can develop effective management strategies using appropriate theory and methods; plan, co-ordinate, implement and control management processes | |
| 4) | Compiles the knowledge and experience gained in the field. | |
| 4) | Applies the theoretical knowledge in business life during a semester. | |
| 4) | By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her group in a systematical and effective way. | |
| 5) | Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view. | |
| 5) | S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field. | |
| 6) | Develops strategical, innovative and entrepreneurial ideas. | |
| 7) | Acquires competence of managing the change. | |
| 8) | Shows development personally and socially with and awareness for lifelong learning. | |
| 9) | Follows advanced technologies and developments about digital transformation. | |
| 10) | Has cultural awareness and s/he transfers this to the groups within and outside his/her field. | |
| 11) | Has awareness about citizenship competency. | |
| 12) | Acquires communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+). |
SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE |
| Lectures | |
| Case Study | |
| Problem Solving | |
| Reading | |
| Project Preparation |
| Midterm | |
| Final Exam | |
| Quiz | |
| Homework Evaluation |
| Measurement and Evaluation Methods | # of practice per semester | Level of Contribution |
| Presentation | 1 | % 5.00 |
| Project | 1 | % 10.00 |
| Midterms | 1 | % 35.00 |
| Semester Final Exam | 1 | % 50.00 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
SECTION V: WORKLOAD & ECTS CREDITS ALLOCATED FOR THE COURSE |
| WORKLOAD OF TEACHING & LEARNING ACTIVITIES | |||
| Teaching & Learning Activities | # of Activities per semester | Duration (hour) | Total Workload |
| Course | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Special Course Internship (Work Placement) | 0 | 0 | 0 |
| Field Work | 0 | 0 | 0 |
| Study Hours Out of Class | 14 | 2 | 28 |
| Presentations / Seminar | 1 | 10 | 10 |
| Project | 1 | 20 | 20 |
| Homework Assignments | 0 | 0 | 0 |
| Total Workload of Teaching & Learning Activities | - | - | 100 |
| WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES | |||
| Assesment & Evaluation Activities | # of Activities per semester | Duration (hour) | Total Workload |
| Quizzes | 0 | 0 | 0 |
| Midterms | 1 | 15 | 15 |
| Semester Final Exam | 1 | 20 | 20 |
| Total Workload of Assesment & Evaluation Activities | - | - | 35 |
| TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) | 135 | ||
| ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) | 5 | ||