Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İŞLD620 - BUSINESS MANAGEMENT (PHD)

Code: İŞLD620 Course Title: FIRM VALUATION Theoretical+Practice: 3+0 ECTS: 6
Year/Semester of Study 1 / Spring Semester
Level of Course 3rd Cycle Degree Programme
Type of Course Optional
Department BUSINESS MANAGEMENT (PHD)
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
The purpose of this course is by discussing the different valuation methods, to provide an understanding about the valuation of a company.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Can analyze a firm’s financial position, from it’s financial statements and market data PO-1 The candidate can understand, analyze and interpret the basic concepts and functions of Business Science in expertise level, and can apply this ability in one or more fields such as Management and Organization, Marketing, Production Management, Quantitative Methods, Accounting and Finance in expertise level.
PO-2 The candidate will learn the different perspectives about numerous theories, models and paradigms that have developed in business fields such as management and organization, organizational behavior, marketing, finance, accounting, human resources, production management, quantitative methods, and the candidate can gain knowledge and skills to evaluate, interpret and criticize scientific studies and researches,which are presented in various scientific meetings, in these fields.
Examination
LO-2 Can calculate the capital cost of a firm. PO-1 The candidate can understand, analyze and interpret the basic concepts and functions of Business Science in expertise level, and can apply this ability in one or more fields such as Management and Organization, Marketing, Production Management, Quantitative Methods, Accounting and Finance in expertise level.
PO-2 The candidate will learn the different perspectives about numerous theories, models and paradigms that have developed in business fields such as management and organization, organizational behavior, marketing, finance, accounting, human resources, production management, quantitative methods, and the candidate can gain knowledge and skills to evaluate, interpret and criticize scientific studies and researches,which are presented in various scientific meetings, in these fields.
Examination
LO-3 Can practice different valuation techniques in the valuation of businesses. PO-1 The candidate can understand, analyze and interpret the basic concepts and functions of Business Science in expertise level, and can apply this ability in one or more fields such as Management and Organization, Marketing, Production Management, Quantitative Methods, Accounting and Finance in expertise level.
PO-2 The candidate will learn the different perspectives about numerous theories, models and paradigms that have developed in business fields such as management and organization, organizational behavior, marketing, finance, accounting, human resources, production management, quantitative methods, and the candidate can gain knowledge and skills to evaluate, interpret and criticize scientific studies and researches,which are presented in various scientific meetings, in these fields.
PO-3 The candidate can do an original scientific/ academic researches independently or jointly with other researchers in business administration field and other social sciences` fields by using the most recent improvements in research methods, and gain knowledge, skills and responsibility to publish the results of research in books, articles and reports, to present in the scientific environment discussion such as conference and congress.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Valuation and Value Concept, Financial Statements and Business’s Risk Analysis, Variables that Affect the Value of Companies, Market Valuation Approach, Asset Valuation Approach, Preparation of Valuated Business’s Report.
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Valuation and Value Concept Lecturing, question and answer, report preparation
2 Financial Statements and Business’s Risk Analysis Lecturing, question and answer, report preparation
3 Variables that Affect the Value of Companies Lecturing, question and answer, report preparation
4 Income Approach-Calculation of Business’s Cash Flows Lecturing, question and answer, report preparation
5 Income Approach-Calculation of Business’s Cash Flows-2 Lecturing, question and answer, report preparation
6 Companies Calculation of Weighted Average Cost of Capital Lecturing, question and answer, report preparation
7 Companies Calculation of Weighted Average Cost of Capital-2 Lecturing, question and answer, report preparation
8 mid-term exam
9 Market Valuation Approach Lecturing, question and answer, report preparation
10 Market Valuation Approach-2 Lecturing, question and answer, report preparation
11 Asset Valuation Approach Lecturing, question and answer, report preparation
12 Asset Valuation Approach-2 Lecturing, question and answer, report preparation
13 Preparation of Valuated Business’s Report Lecturing, question and answer, report preparation
14 Presentation of the Examples prepared Lecturing, question and answer, report preparation
15 Presentation of the Examples prepared Lecturing, question and answer, report preparation
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Aykan Üreten, Metin Kamil Ercan, Firma Değerinin Tespiti ve Yönetimi, Gazi Kitabevi, 2000, Ankara
Required Course instruments and materials
books, articles and internet.

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 5 3 15
mid-term exam 1 1 1
Own study for final exam 4 3 12
final exam 1 1 1
0
0
Total work load; 181