Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İŞLD617 - BUSINESS MANAGEMENT (PHD)

Code: İŞLD617

Course Title: FINANCIAL THEORY

Theoretical+Practice: 3+0

ECTS: 6

Year/Semester of Study

1 / Fall 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

OĞUZ SAYGIN (osaygin@nevsehir.edu.tr)

Name of Lecturer(s)

Language of Instruction

Turkish

Work Placement(s)

None

Objectives of the Course

The aim of this course is to teach fundamental issues about financial theory.

Learning Outcomes		PO	MME
The students who succeeded in this course:
LO-1	Can explain the theoretical approaches in the field of capital structure.	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 explain the theoretical approaches about dividend policies.	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 explain the theoretical approaches about behavioral finance.	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
PO: Programme Outcomes MME:Method of measurement & Evaluation

Course Contents
Cost of capital, capital structure, dividend policy, portfolio selection, asset pricing models, efficient market hypothesis, behavioral finance, theory of the firm managerial behavior, agency costs, ownership structure, corporate governance.
Weekly Course Content
Week	Subject	Learning Activities and Teaching Methods
1	Cost of Capital	Lecturing, question and answer, report preparation
2	Cost of Capital	Lecturing, question and answer, report preparation
3	Capital Structure	Lecturing, question and answer, report preparation
4	Capital Structure	Lecturing, question and answer, report preparation
5	Dividend policy	Lecturing, question and answer, report preparation
6	Dividend policy	Lecturing, question and answer, report preparation
7	Portfolio selection	Lecturing, question and answer, report preparation
8	mid-term exam
9	Asset pricing models	Lecturing, question and answer, report preparation
10	Asset pricing models	Lecturing, question and answer, report preparation
11	Efficient market hypothesis	Lecturing, question and answer, report preparation
12	Behavioral finance	Lecturing, question and answer, report preparation
13	Behavioral finance	Lecturing, question and answer, report preparation
14	Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure	Lecturing, question and answer, report preparation
15	Corporate governance, managerial behavior and agency cost	Lecturing, question and answer, report preparation
16	final exam
Recommend Course Book / Supplementary Book/Reading
1	M. Baha Karan, Yatırım Analizi ve Portföy Yönetimi, Gazi Kitabevi, Ankara, 2018
2	Cengiz Erol, Finans Teorisinin Temel Makaleleri, SPK, Ankara, 1998
Required Course instruments and materials

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