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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
FINANCE THEORIES BF601 First Term (Fall) 3 + 0 15

TYPE OF COURSE UNITCompulsory Course
LEVEL OF COURSE UNITDoctorate Of Science
YEAR OF STUDY1
SEMESTERFirst Term (Fall)
NUMBER OF ECTS CREDITS ALLOCATED15
NAME OF LECTURER(S)-
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Will have knowledge of basic finance theories needed for macro investment
2) Will have knowledge about risk and risk pricing within the framework of time and uncertainty
3) Will have knowledge about asset pricing models arbitrage pricing models
4) Make capital budgeting decisions according to the theories
5) Make decisions about capital structure
6) Understand risk, return, opportunity cost and capital cost.
7) Understand dividend policy
8) Understand and discuss efficient markets hypothesis
9) Understand exchange rate thories
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNo
COURSE DEFINITIONIn this course basic finance theories, financial assets, time and uncertainty, risk and pricing risk, efficient market hypothesis, capital asset pricing model, arbitrage pricing theory, exchange rate theories will be presented.
COURSE CONTENTS
WEEKTOPICS
1st Week 1 Introduction: Finance Theories
2nd Week 2 Investment, financement and dividend decisions
3rd Week 3 Cash Inflows
4th Week 4 Risk, return, capital cost
5th Week 5 Asset Pricing Models: CAPM, APT
6th Week 6 Capital Budgeting ve project evaluation
7th Week 7 Capital structure ve firm value
8th Week 8 Mid term exam
9th Week 9 Bankruptcy ve financial turmoil
10th Week 10 Tax and capital structure
11th Week 11 Agent problems, assymetric information problems and capital structure
12th Week 12 Borrowing policies
13th Week 13 Dividend policy
14th Week 14 Public offering
15th Week
RECOMENDED OR REQUIRED READINGInvestments / Bodie, Kane and Marcus Fundamentals of financial management / Eugene F. Brigham An introduction to financial management / Ezra Solomon, John J. Pringle.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Discussion,Presentation,Questions/Answers
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
Total(%)40
Contribution of In-term Studies to Overall Grade(%)40
Contribution of Final Examination to Overall Grade(%)60
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam
Preparation for Quiz
Individual or group work1415210
Preparation for Final exam18080
Course hours14342
Preparation for Midterm exam
Laboratory (including preparation)
Final exam122
Homework340120
Total Workload454
Total Workload / 3015,13
ECTS Credits of the Course15
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

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