Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
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Knowledge
(Described as Theoritical and/or Factual Knowledge.)
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1) In this lecture he/she gets theoretical information about the international financial system. Explain the basic mechanisms of capital flows. Distinguish between short-term and long-term capital flows.
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2) He/She takes all the necessary theoretical knowledge about international exchange rate policies in the international finance history.
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3) In this lesson the participants get up-to-date information on the functioning of the international balance of payments mechanism, the concept of basic balance, current account balance, short/long term capital movements and balance sheet concepts such as net errors and omissions movements.
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4) He/She learns fx market concepts such as the functioning of international foreign exchange markets, basic trading principles, quotation forms & pricing features.
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5) The main financial derivative products traded in international markets are explained. The features and pricing principles of FX and Interest Rate Swap agreements are described in detail.
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6) Financial option trading which have been heavily demanded by the institutional and individual investors in derivative markets in recent years, are explained. Option types, strategies and their pricing principles are also explained.
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7) General characteristics of capital markets are explained. In particular, the functioning of the local market is explained to the students through the annual report of the Turkish Capital Market for the year 2022, accompanied by up-to-date informations.
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8) Basic information is given on alternative financing products faced by the companies for financing their international trades.
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9) The subject of valuation of international investments is examined in all its aspects.
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Skills
(Describe as Cognitive and/or Practical Skills.)
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1) Financial derivatives markets are examined. In particular, the features of forward and futures contracts, trading rules in the markets and derivative strategies are explained.
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2) The characteristics of the basic financial instruments traded in the Turkish Capital Markets are narrated through applied financial examples. Those who participated this lecture will increase his/her financial literacy levels through the products traded in the current capital market examples.
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3) The principles of country risk analysis are lectured through examples in international markets.
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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.)
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1) Risk Management Principles, which have gained importance in the last 20 years in the international finance literature, are explained. The subject is explained in terms of the financial sector and the real sector point of view.
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2) Applications in the field of financial technology, which have been increasing in importance all over the world in recent years, are examined. Concepts such as innovative financial solutions, digital currencies, crypto money and blockchain created by Fintech companies are explained to the participants.
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Course Notes / Textbooks: |
Üner Ertem; Uluslararası Finansman, Ekin Yayınevi, 2015
Dora Hancock; Uluslararası Finans, Scala Yayıncılık, 2021
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References: |
Şant Manukyan; Global Piyasalar-Dünü Bugünü Yarını, Kronik Kitap, 2022
Prof.Dr.Şenol Babuşçu, Prof.Dr. Adalet Hazar, Doç.Dr. Erdem Kırkbeşoğlu; Dijital Dönüşüm ve Finans, Akademi Consulting & Trading, 2021
Prof.Dr.Feridun Kaya, Uluslararası Finansman; Beta Yayıncılık, 3.Baskı, 2020
Nurgül Chambers; Türev Piyasalar, Beta Yayınları, 4.Basım, 2007
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Programme Learning Outcomes |
Contribution Level (from 1 to 5) |
1) |
Knows foreign trade, customs and logistics legislation and makes transactions in accordance with national and international regulations. |
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2) |
To have knowledge about trade finance, foreign trade accounting and international payment methods and to be able to apply them. |
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3) |
Can create international marketing strategies and manage electronic commerce processes. |
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4) |
Analyze the problems encountered in business life, produce solutions and participate effectively in decision-making processes. |
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5) |
Can use foreign trade software and package programs effectively. |
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6) |
Acts in accordance with the rules of professional ethics, works by observing the principles of occupational health and safety. |
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7) |
Explains logistics and supply chain management processes and proposes solutions to the problems encountered in practice. |
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8) |
Türkçe’yi doğru ve etkili kullanır; alanıyla ilgili İngilizce terimleri ve belgeleri anlayıp yorumlayabilir. |
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9) |
Evaluates foreign trade policies by analyzing global economy, Turkish economy and European Union relations. |
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10) |
Has knowledge about customs procedures, free zones and foreign trade incentives. |
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11) |
To be able to take responsibility individually or in a team and communicate effectively. |
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12) |
By adopting the principle of lifelong learning, maintains professional development and follows current developments. |
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WORKLOAD OF TEACHING & LEARNING ACTIVITIES |
Teaching & Learning Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Course |
14 |
2 |
28 |
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 |
0 |
0 |
0 |
Presentations / Seminar |
0 |
0 |
0 |
Project |
0 |
0 |
0 |
Homework Assignments |
0 |
0 |
0 |
Total Workload of Teaching & Learning Activities |
- |
- |
28 |
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES |
Assesment & Evaluation Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Quizzes |
2 |
0.5 |
1 |
Midterms |
1 |
1 |
1 |
Semester Final Exam |
1 |
1 |
1 |
Total Workload of Assesment & Evaluation Activities |
- |
- |
3 |
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) |
31 |
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) |
4 |