Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İŞL-520 - BUSINESS ADMINISTRATION

Code: İŞL-520

Course Title: CAPITAL BUDGETING

Theoretical+Practice: 3+0

ECTS: 6

Year/Semester of Study

1 / Spring Semester

Level of Course

2nd Cycle Degree Programme

Type of Course

Optional

Department

BUSINESS ADMINISTRATION

Pre-requisities and Co-requisites

None

Mode of Delivery

Face to Face

Teaching Period

14 Weeks

Name of Lecturer

AHMET TANÇ (atanc@nevsehir.edu.tr)

Name of Lecturer(s)

ŞÜKRAN GÜNGÖR TANÇ,

Language of Instruction

Turkish

Work Placement(s)

None

Objectives of the Course

Taking into account the factors which affect the capital budgeting decision to teach the stages of investment projects and methods of investment project evaluation.

Learning Outcomes		PO	MME
The students who succeeded in this course:
LO-1	Can explain the importance of capital budgeting in terms of country and firms.	PO-9 Have knowledge of basic information, usage, evaluation and making comment about business finance, of analyzing the economic, social and financial developments, of understanding of financial systems, of financial planning and of interpretation of financial statements belonging to firms. PO-10 Comprehend the market developments, follow and comment on them, while having the knowledge of capital market and new financial techniques.	Examination
LO-2	Can explain the capital budgeting process.	PO-9 Have knowledge of basic information, usage, evaluation and making comment about business finance, of analyzing the economic, social and financial developments, of understanding of financial systems, of financial planning and of interpretation of financial statements belonging to firms. PO-10 Comprehend the market developments, follow and comment on them, while having the knowledge of capital market and new financial techniques.	Examination
LO-3	Can explain the methods of investment project evaluation.	PO-9 Have knowledge of basic information, usage, evaluation and making comment about business finance, of analyzing the economic, social and financial developments, of understanding of financial systems, of financial planning and of interpretation of financial statements belonging to firms. PO-10 Comprehend the market developments, follow and comment on them, while having the knowledge of capital market and new financial techniques.	Examination
LO-4	Can make a choice between alternative investment projects.	PO-9 Have knowledge of basic information, usage, evaluation and making comment about business finance, of analyzing the economic, social and financial developments, of understanding of financial systems, of financial planning and of interpretation of financial statements belonging to firms.	Examination
PO: Programme Outcomes MME:Method of measurement & Evaluation

Course Contents
Investment, capital budgeting, the importance of capital budgeting in terms of the country’s economy and firms, factors that affect the investment decision, the stages of investment projects, the methods of investment project evaluation.
Weekly Course Content
Week	Subject	Learning Activities and Teaching Methods
1	Investment and capital budgeting concepts	Lecturing, question and answer, brain storming.
2	Types of investment and investment incentives of firms	Lecturing, question and answer, brain storming.
3	The importance of capital budgeting in terms of the country’s economy and firms	Lecturing, question and answer, brain storming.
4	Factors that affect the investment decision	Lecturing, question and answer, brain storming.
5	Market analysis	Lecturing, question and answer, brain storming.
6	Technical analysis	Lecturing, question and answer, brain storming.
7	Financial analysis	Lecturing, question and answer, brain storming.
8	mid-term exam
9	Cost of capital	Lecturing, question and answer, brain storming.
10	The methods of investment project evaluation under conditions of certainty	Lecturing, question and answer, brain storming.
11	The methods of investment project evaluation under conditions of certainty	Lecturing, question and answer, brain storming.
12	The methods of investment project evaluation under conditions of certainty	Lecturing, question and answer, brain storming.
13	The methods of investment project evaluation under conditions of uncertainty	Lecturing, question and answer, brain storming.
14	The methods of investment project evaluation under conditions of uncertainty	Lecturing, question and answer, brain storming.
15	Current approaches to the evaluation of investment projects	Lecturing, question and answer, brain storming.
16	final exam
Recommend Course Book / Supplementary Book/Reading
1	Öztin Akgüç, Finansal Yönetim, 7. baskı, Avcıol Basım-Yayın, İstanbul, 1998.
2	Kürşat Yalçıner, E. Ebru Aksoy, Yatırım Projelerinin Değerlendirilmesi, Detay yayıncılık, Ankara, 2011.
3	Hüseyin Şahin, Yatırım Projeleri Analizi, Ezgi Kitabevi, Bursa, 2000.
Required Course instruments and materials
Coursebooks and ?nternet sources.

Assessment Methods
Type of Assessment	Week	Hours	Weight(%)
mid-term exam	8	1	40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam	16	1	60

Student Work Load
Type of Work	Weekly Hours	Number of Weeks	Work Load
Weekly Course Hours (Theoretical+Practice)	3	14	42
Outside Class
a) Reading	8	10	80
b) Search in internet/Library	5	6	30
c) Performance Project			0
d) Prepare a workshop/Presentation/Report			0
e) Term paper/Project			0
Oral Examination			0
Quiz			0
Laboratory exam			0
Own study for mid-term exam	4	3	12
mid-term exam	1	1	1
Own study for final exam	5	3	15
final exam	1	1	1
			0
			0
Total work load;			181