COURSE UNIT TITLE

: MULTINATIONAL BUSINESS FINANCE

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IBS 4362 MULTINATIONAL BUSINESS FINANCE ELECTIVE 3 0 0 5

Offered By

International Business and Trade (English)

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR BERNA KIRKULAK ULUDAĞ

Offered to

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

Course Objective

The aim of the course is to provide future decision makers with basic finance related skills necessary for managing organizations operating in a multicurrency environment. Major topics covered are exchange rate exposure faced by multinational firms and managing strategies to deal with these exposures and the decision to invest abroad, cost of capital and financial structure in the multinational firm, sources of financing.

Learning Outcomes of the Course Unit

1   Employ hedging strategies and techniques in order to define and manage translation, transaction, and economic exposures. (Level 3).
2   alculate the cost of capital for multinational corporations pointing out the alternative instruments for equity and debt financing in international capital markets. (Level 3).
3   Apply capital budgeting techniques to foreign direct investment decisions. (Level 3).
4   Describe the basics of international cash management identifying principal means of payment in international trade. (Level 2).
5   Explain the principal transfer mechanisms that multinational corporations can use in order to move money and profits among their various affiliates. (Level 2).

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Transaction Exposure
2 Transaction Exposure
3 Operating Exposure
4 Global Cost and Availability of Capital
5 Raising Equity and Debt Globally
6 International Portfolio Theory and Diversification
7 Foreign Direct Investment and Political Risk
8 Multinational Capital Budgeting and Cross Border Acquisitions
9 Working Capital Management
10 Project Presentation
11 Project Presentation
12 Project Presentation

Recomended or Required Reading


1.. Eiteman, D. K., Stonehill, A., Moffett, M. (2009). Multinational Business Finance, 13th Edition

Planned Learning Activities and Teaching Methods

1. Lectures
2. Presentations

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 TP TermProject
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.40 +TP * 0.20 + FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + TP * 0.20 + RST * 0.40


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will employ hedging strategies and techniques in order to define and manage translation, transaction, and economic exposures.
2. The learner will calculate the cost of capital for multinational corporations pointing out the alternative instruments for equity and debt financing in international capital markets.
3. The learner will apply capital budgeting techniques to foreign direct investment decisions.
4. The learner will define the basics of international cash management identifying principal means of payment in international trade.
5. The learner will describe the principal transfer mechanisms that multinational corporations can use in order to move money and profits among their various affiliates.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

berna.kirkulak@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparation for Quiz etc. 0 0 0
Preparing Individual Assignments (Term Projects etc.) 0 0 0
Preparing Presentations 0 0 0
Preparing Group Assignments (Term Projects etc.) 0 0 0
Preparation for Final Exam 2 25 50
Preparation for Midterm Exam 2 15 30
Preparation before/After Weekly Lectures 12 1 12
Final 1 1,5 2
Midterm 1 1,5 2
TOTAL WORKLOAD (hours) 132

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15
LO.1344433
LO.2344433
LO.3344333
LO.4354434334
LO.5334443433

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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