COURSE UNIT TITLE

Offered By

BUSINESS ADMINISTRATION

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR AYSUN KAPUÇUGIL IKIZ

Offered to

International Business and Trade
International Trade and Business (English)
BUSINESS ADMINISTRATION

Course Objective

The course aims to provide students the core issues of generating and implementing business forecasts. Focus is on modern statistical methods that are widely used to generate business forecasts. Specific applications to business include forecasting sales, production, inventory, macroeconomic factors such as interest rates and exchange rates, and other aspects of both short- and long-term business planning.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

1.Text Book:
Business Forecasting. John E. Hanke and Dean W. Wichern, 9th Edition (2014) or later, Pearson Education.

2. References
Business Forecasting. J. Holton Wilson and Barry Keating, 6th Edition, Irwin/McGraw-Hill, 2009.
Forecasting Methods and Applications. Spyros Makridais, Steven C. Wheelwright and Rob. J. Hyndman, 3th Edition or later. John Wiley and Sons Inc.

3. Software:
Minitab
IBM SPSS
Excel

4. Calculator:
Students will need a scientific calculator for various calculation problems in and out of class, and during exams.

Planned Learning Activities and Teaching Methods

1. Lectures
Class lecture is highly interactive and format is direct. The instructor prompts students for response to questions posed and solicits their thoughts on issues discussed. Lectures will focus on the transfer of basic tools of forecasting and basic time series analysis techniques where comprehension is substantially enhanced by additional elaboration and illustration.
2. Text Readings
Each week, readings from the text will introduce new forecasting concepts and quantitative techniques. Readings provide both the theoretical background and technical skills necessary to generate and interpret business forecasts at an advanced level.
3. Review Sessions and Class Discussions
Review sessions will be handled frequently by the instructor. In-class exercises are the basis in these sessions and individual participation by students in classroom discussion is strongly encouraged.
4. Computer Applications
In the laboratory component, a particular statistical package will be introduced to perform analyses of real economic, business and financial time series data.

Assessment Methods

Further Notes About Assessment Methods

The midterm and final exams consist of questions that will measure the analysis and interpretation skills in each stage of the forecasting process, within the framework of the topics covered in the course.

Term project, on the other hand, is a group work on the implementation of all steps of the forecasting process using the (hypothetical) data of an organization. Guidelines and formats for the term project are presented to the students in the earlier weeks of the semester.

Assessment Criteria

Language of Instruction

English

Course Policies and Rules

1. It is obligatory to attend at least 70% of the classes.
2. Violations of Plagiarism of any kind will result in disciplinary steps being taken.
3. Students are required to have their own calculator for this course. It will not be allowed to share a calculator during exams. Cellular phones cannot be used as a calculator during an exam.

Contact Details for the Lecturer(s)

Associate Prof. Dr. Aysun KAPUCUGIL IKIZ
aysun.kapucugil@deu.edu.tr
Office No: 125/A
Office Phone #: 0.232.3018226

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes