ULT316


Course Title Course Code Program Level
RISK MANAGEMENT IN INTERNATIONAL TRADE ULT316 International Trade and Finance B.A. / B.Sc.

Course Term
(Course Semester)
Teaching and Learning Methods
Credits
Theory Practice Lab Projects/Field Work Seminars/Workshops Other Total Credits ECTS Credits
06
(Spring)
42 84 126 3 5

Teaching Staff
Language of Instruction Türkçe (Turkish)
Type Of Course Elective
Prerequisites
Recommended Optional Programme Component
Course Objectives It is to give basic information about the existing risks in international trade and their elimination.
Course Content Various risks such as risks to goods in International Trade, delivery and payment risks, transportation risks, receivables risks, currency risks, and risk management with instruments and investments such as securities, risks in commercial documents, letters of credit, insurance.
Learning Outcomes (LO) At the end of this course, the student; 1- Will be able to define the basic concepts of risk, 2- To be able to define the risks and hedging techniques that may occur in international trade, 3- Will be able to analyze world economies and have the ability to measure the added value of multinational companies.
Mode of Delivery Face to face
Course Outline
Week Topics
1. Week Definition of foreign trade, an overview of foreign trade transactions, reasons
2. Week What are the risks in foreign trade? An overview.
3. Week Price risk in foreign trade, exchange rate risk
4. Week Risks related to goods - risks arising from transportation
5. Week Freight and insurance - risk of damage
6. Week Foreign trade payment methods and the risks they carry, the importance of payment methods for the parties.
7. Week Risk and advantages of letters of credit
8. Week midterm
9. Week Risks in import and export letters of credit
10. Week Possible risks and management in letter of credit documents
11. Week ICC 600 practices, principles, risks in business documents
12. Week Risks in down payment (advance payment)
13. Week Risks in the form of import payment (cash against goods) against goods
14. Week Risks in import in the form of payment (cash against documents) against documents
Assessment
  Percentage(%)
Mid-term (%) 40
Quizes (%)
Homeworks/Term papers (%)
Practice (%)
Labs (%)
Projects/Field Work (%)
Seminars/Workshops (%)
Final (%) 60
Other (%)
Total(%) 100
Course Book (s) and/or References Lecture notes and current articles
Work Placement(s)
The Relationship between Program Qualifications (PQ) and Course Learning Outcomes (LO)

 

PQ 1

PQ 2

PQ 3

PQ 4

PQ 5

PQ 6

PQ 7

PQ 8

PQ

9

PQ 10

PQ 11

PQ 12

PQ 13

LO1

4

 1

 1

5

3

5

 1

 2

 1

5

 1

LO2

4

 2

 3

5

3

 1

5

5

 2

 2

5

1

LO3

4

 1

5

3

 1

5

5

 1

 2

5

 1

* Degree of Contribution: 1 Very Low 2 Low 3 Medium 4 High 5 Very High