| Course Name | Advanced Corporate Finance |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| ITF 503 | Fall | 3 | 0 | 3 | 7.5 |
| Prerequisites | None | |||||
| Course Language | English | |||||
| Course Type | Required | |||||
| Course Level | Second Cycle | |||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | ||||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | ||||||
| Course Objectives | The purpose of this course is to provide students the opportunity to develop deep skills and understanding of the theory and practice that underlie corporate financial policy and related complex financial transactions. such net present value and capital budgeting,valuation of the firm, IPOs, Mergers and Acquisitions. |
| Learning Outcomes | The students who succeeded in this course;
|
| Course Description | In this course net present value and capital budgeting, capital structure, valuation of the firm, IPOs, Mergers and Acquisitions will be covered and related cases will be discussed. |
| Related Sustainable Development Goals |  |
|
| Core Courses | X |
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | Introduction to Advanced Corporate Finance | |
| 2 | Risk, Cost of Capital and Capital Budgeting | Corporate Finance, Stephen A. Ross, Radolph W. Westerfield,Jeffrey F. Jaffe,9th ed.,McGrawHill Irwin, 2010,,Ch.12 |
| 3 | Case 1: Marriott Corp. | Marriott Corporation: The Cost of Capital (Abridged), HBS 9289047 |
| 4 | Capital Structure: Basic Concepts | Corporate Finance, Stephen A. Ross, Radolph W. Westerfield,Jeffrey F. Jaffe,9th ed.,McGrawHill Irwin, 2010,Ch.15 |
| 5 | Case 2: American Home Products Corporation | American Home Products Corporation HBS 9283065 |
| 6 | Capital Structure:Limits to the Use of Debt | Corporate Finance, Stephen A. Ross, Radolph W. Westerfield,Jeffrey F. Jaffe,6th ed.,McGrawHill Irwin, 2010,Ch.16 |
| 7 | Case 3: Masey Ferguson, 1980 | Masey Ferguson, 1980 HBS 9282043 |
| 8 | Case 4: Goodyear Restructiring | HBS 9288046 Goodyear Tire and Rubber Company 1988 HBS 929001 |
| 9 | Valuation and Capital Budgeting for the Levered Firm | Corporate Finance, Stephen A. Ross, Radolph W. Westerfield,Jeffrey F. Jaffe,9th ed.,McGrawHill Irwin, 2010,Ch.17 |
| 10 | Case5: Eskimo Pie Corporation | Eskimo Pie Corporation HBS 9293094 |
| 11 | Midterm Exam | |
| 12 | Issuing Securities to Public | Corporate Finance, Stephen A. Ross, Radolph W. Westerfield,Jeffrey F. Jaffe,9th ed.,McGrawHill Irwin, 2010,Ch.19 |
| 13 | Case6: Netscape’s Initial Public Offering | Netscape’s Initial Public Offering HBS 9296088 |
| 14 | Mergers and Acquisitions | Corporate Finance, Stephen A. Ross, Radolph W. Westerfield,Jeffrey F. Jaffe,9th ed.,McGrawHill Irwin, 2010,Ch.30 |
| 15 | Case7:Phillip Morris and Craft | Phillip Morris and Craft HBS9289045 |
| 16 | Review of the Semester |
| Course Notes/Textbooks | Capital Budgeting and Longterm Financing Decisions, Neil Seitz and Mitch Ellison, 4.th ed.,South Western Publishing (Thompson), 2005, ISBN: 978-0324258080 |
| Suggested Readings/Materials | Harvard Business School Cases It is necessary to read the cases before the class, answering the questions pertaining to the cases and handing it in writing in the beginning of the class and participating in the class discussions of the cases. |
| Semester Activities | Number | Weigthing |
| Participation | 1 | 10 |
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project | 1 | 30 |
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 30 |
| Final Exam | 1 | 30 |
| Total |
| Weighting of Semester Activities on the Final Grade | 3 | 70 |
| Weighting of End-of-Semester Activities on the Final Grade | 1 | 30 |
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
| Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
| Study Hours Out of Class | 14 | 3 | 42 |
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | |||
| Presentation / Jury | |||
| Project | 1 | 30 | |
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 40 | |
| Final Exams | 1 | 50 | |
| Total | 210 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | To be able to contribute to the science by improving the knowledge in the field with a level of sufficient expertise based on the qualifications of the master degree. | X | ||||
| 2 | To be able to identify, analyze and interpret the oriented problems of the financial science and the business world. | X | ||||
| 3 | To be able to develop a unique idea, method or application in the field of finance. | X | ||||
| 4 | To be able to transform knowledge in the field to an academic research by mastering existing theory and research in its field. | X | ||||
| 5 | To be able to gain effective communication skills that enables to express the original research results and opinions in the field of finance at scientific meetings and/or within the expert community. | X | ||||
| 6 | To be able to use the results of scientific studies conducted in the field, in relevant refereed journals while publicising them or presenting them in scientific meetings while disseminating knowledge gained. | X | ||||
| 7 | To be able to analyze and resolve national and international developments and its influences on markets with an interdisciplinary perspective. | X | ||||
| 8 | To be able to conduct independent research. | X | ||||
| 9 | To be able to demonstrate ethical values in the stages of collection, interpretation, dissemination and application of data related to finance field. | X | ||||
| 10 | To be able to prepare an original thesis / term project in accordance with the criteria related to the field of finance. | |||||
| 11 | To be able to use a foreign language to follow information about the field of finance and participate in discussions in academic environments. | |||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
