|
|
| ISL6140 | Capital Budgeting | 3+0+0 | ECTS:7.5 | | Year / Semester | Fall Semester | | Level of Course | Third Cycle | | Status | Elective | | Department | DEPARTMENT of BUSINESS ADMINISTRATION | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Hüseyin DAĞLI | | Co-Lecturer | None | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | To evaluate the investment decisions of firms. |
| Programme Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | PO - 1 : | Define the concepts of capital budgeting. | 1 - 2 - 6 | 1, | | PO - 2 : | Explain time value of money. | 1 - 2 - 6 | 1, | | PO - 3 : | List the investments by their priorities. | 1 - 2 - 6 | 1, | | PO - 4 : | Analyse the effect of investment decisions on the firm value. | 1 - 2 - 6 | 1, | | PO - 5 : | Compare outcomes with firm target. | 1 - 2 - 6 | 1, | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), PO : Learning Outcome | | |
| Interest rate and annuities, present value, future value, analysis of project cash flows, Net present value, internal rate of return, cost of capital, evaluation of alternative investment opportunities, capital budgeting for the multinational firms |
| |
| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Interest rate and annuities | | | Week 2 | present value, future value | | | Week 3 | present and future value of annuity | | | Week 4 | Analysis of project cash flows | | | Week 5 | Evaluation of alternative investment opportunities | | | Week 6 | Classifying of projects | | | Week 7 | Techniques of project evaluation; repayment period, profitability of investment | | | Week 8 | Net present value, profitability index | | | Week 9 | Mid-term exam | | | Week 10 | Internal rate of return | | | Week 11 | Project evaluation at risk | | | Week 12 | Sensitivity analysis | | | Week 13 | Homework,Cost of capital | | | Week 14 | Capital budgeting for the multinational firms | | | Week 15 | Controlling of capital budgeting process | | | Week 16 | End-of-term exam | | | |
| 1 | Ders notları (lecture notes) | | | |
| 1 | Sarıaslan, H. , 2002, Yatırım Projelerinin Hazırlanması ve Değerlendirilmesi, Turhan Kitabevi, Ankara. | | | 2 | . Clark, J. , 1989, Capital Budgeting, Prentice-Hall., Englewoods Cliffs. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | | 1 | 30 | | Homework/Assignment/Term-paper | 12 | | 1 | 20 | | End-of-term exam | 16 | | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 7 | 14 | 98 | | Arasınav için hazırlık | 6 | 7 | 42 | | Arasınav | 1 | 1 | 1 | | Ödev | 6 | 1 | 6 | | Dönem sonu sınavı için hazırlık | 5 | 7 | 35 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 225 |
|