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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS GKS 3003 ECONOMY AND ENTREPRENEURSHIP(ELECTIVE) ELECTIVE 2 0 0 3

Offered By

Recreation

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSISTANT PROFESSOR IPEK AYDIN

Offered to

Recreation

Course Objective

The aim of this course is to give the students an understanding dealing with financial issues of start-ups and SMEs, including pro forma financial statement, business valuation models, cash flow analysis, raising capital from private equity, venture capitalists and banks.

Learning Outcomes of the Course Unit

1   Assess the various debt and equity sources of financing available to new and growing businesses in order to select the optimal alternative (Level 3). 2   Illustrate the financial aspects of the day to day operations of a venture by pointing out an understanding of working capital management (Level 2). 3   Employ financial planning techniques in order to construct proforma financial statements (Level 3). 4   Examine financial statements in order demonstrate an understanding of profit, profitability and break even (Level 4). 5   Identify different valuation techniques in order to estimate the market value of a venture. (Level 2).

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Entrepreneurial Spectrum & Entrepreneurship & Intrapreneurship 2 Profit, Profitability and Break-Even Analysis & Forecasting and Pro Forma Financial Statements 3 Working Capital Management & Cash Flow Management 4 Capital Budgeting & Project Analysis under Risk: Sensitivity Analysis and Monte Carlo Analysis 5 Project Analysis under Risk: Real Options 6 Corporate Valuation 7 Debt Financing (Micro Financing, Leasing, Factoring and Forfaiting) 8 Debt Financing (Micro Financing, Leasing, Factoring and Forfaiting) 9 Equity Financing (Venture Capital, Private Equity and Franchising) 10 Personal Finance 11 Case Study 12 Case Study 13 Case Study 14 Case Study

Recomended or Required Reading

1. Entrepreneurial Finance (Richard L. Smith and Janet Kiholm Smith; John Wiley and Sons, Inc.; 2004)

Planned Learning Activities and Teaching Methods

Presentation, research, discussion

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 VZ Ara Sınav 2 FN Yarıyılsonu Sınavı 3 BNS BNS VZ * 0.40 + FN * 0.60 4 BUT Bütünleme Notu 5 BBN Bütünleme Sonu Başarı Notu VZ * 0.40 + BUT * 0.60

Further Notes About Assessment Methods

None

Assessment Criteria

Class participation, exams, homework

Language of Instruction

Turkish

Course Policies and Rules

The policies and rules regarding the course will be announced at the beginning of each semester.

Contact Details for the Lecturer(s)

Necat Hepkon Spor Bilimleri Fakültesi Seferihisar

Office Hours

Meeting days vary according to the individual program prepared for each semester. Students can reach the course coordinator on the day and time they want via e-mail.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 14 2 28 Preparations before/after weekly lectures 14 2 28 Preparation for midterm exam 1 10 10 Preparation for final exam 1 10 10 Mid-term 1 1 1 Final Exam 1 1 1 TOTAL WORKLOAD (hours) 78

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 LO.1 2 3 3 3 2 2 2 2 3 2 2 2 LO.2 2 3 3 3 2 2 2 2 3 2 2 2 LO.3 2 3 3 3 2 2 2 2 3 2 2 2 LO.4 2 3 3 3 2 2 2 2 3 2 2 2 LO.5 2 3 3 3 2 2 2 2 3 2 2 2