| Teaching Staff
|
Doç. Dr. Habib AKDOĞAN |
| Language of Instruction |
Türkçe (Turkish) |
| Type Of Course |
Compulsory |
| Prerequisites |
No pre-requisite |
| Recommended Optional Programme Component |
|
| Course Objectives |
The aim of this course is to provide the student with sufficient information about the concepts and processes of capital cost management and capital structure, and to enable the student to make financial analysis and planning and make rational decisions using this information. |
| Course Content |
Cost of Funds Provided by Loan and Sale of Common and Preferred Shares related to Capital Cost Management; Cost of Retained Profits, Average Cost of Capital are discussed further; Optimal Capital Structure in Capital Structure Decisions (the capital structure with the lowest average cost of capital); Decisions to be Taken in Cases of Deterioration of the Optimal Capital Structure; Current Views on Optimal Capital Structure; Importance of National and International Economic Factors in Decisions on Capital Structure; The Effect of Changes in Market Interest Rates on Average Cost of Capital and the Importance of Interest in Decisions Regarding Optimal Capital Structure are emphasized.
|
| Learning Outcomes (LO) |
Students who complete this course and are successful will gain the following in the field of capital cost management and capital structure; 1- To be able to comprehend the principles of capital management, 2- To be able to calculate the capital cost of any enterprise, 3- To benefit from interest rates, 4- To be able to determine the optimal capital structure of enterprises 5- To be able to make financial analysis and planning. |
| Mode of Delivery |
Face to face |
| Course Outline |
| Week |
Topics |
| 1. Week |
Importance of Calculating Cost of Capital, Cost of Capital (Resource) |
| 2. Week |
Foreign Resource Cost |
| 3. Week |
Cost of Equity Capital |
| 4. Week |
Capital Structure |
| 5. Week |
Cost of Capital and Market Value of the Firm |
| 6. Week |
Net Income Approach |
| 7. Week |
Midterm Exam |
| 8. Week |
Net Operating Income Approach |
| 9. Week |
Traditional Approach |
| 10. Week |
Modigliani Miller Approach |
| 11. Week |
Optimal Capital Structure |
| 12. Week |
Factors Affecting Decisions Regarding Capital Structure |
| 13. Week |
Factors Affecting Source Selection |
| 14. Week |
Final Exam |
|
| 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 |
|
| Work Placement(s) |
|
| The Relationship between Program Qualifications (PQ) and Course Learning Outcomes (LO) |
| | PQ1 | PQ2 | PQ3 | PQ4 | PQ5 | PQ6 | PQ7 | PQ8 | PQ9 | PQ10 | PQ11 | PQ12 | PQ13 | LO1 | 5 | 5 | 5 | | | | 4 | | | | | | | LO2 | 5 | 5 | 5 | | | | 4 | | | | | | | LO3 | 5 | 5 | 5 | | | | 4 | | | | | | | LO4 | 5 | 5 | 5 | | | | 4 | | | | 3 | | 4 | LO5 | 5 | 5 | 5 | | | | 4 | 5 | | | 3 | | 4 |
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |