Institute of Social Sciences Mba Programme

YASAR UNIVERSITY

INSTITUTE OF SOCIAL SCIENCES MBA PROGRAMME

MNGT 514 FINANCIAL MANAGEMENT

COURSE PLAN

Assoc. Prof.Dr. F. Dilvin Taşkın / Mail:
Web:
Office Hours: Tuesday 14.30-17.20 / Office : Y-515
Weekly Course Plan
24.02.2016 / Financial Management, Financial Markets and Associations
02.03.2016 / Financial Statements and Cash Flows
09.03.2016 / Financial Statements Analysis
16.03.2016 / Financial Planning
23.03.2016 / Business Budgets
30.03.2016 / Working Capital Management
06.04.2016 / Time Value of Money
13.04.2016 / Midterm Exam
20.04.2016 / Capital Budgeting
27.04.2016 / Cash Flow Forecasting and Risk Analysis
04.05.2016 / Interest Rates, Risk and Return
11.05.2016 / Bond Valuation
18.05.2016 / Stock Valuation
25.05.2016 / Cost of Capital
01.06.2016 / Capital Structure and Leverage
08.06.2016 / International Financial Management
15.06.2016 / Merger, Acqusitions, Business Control and Bankruptcy
Final Exam

Suggested Course Materials

·  Gitman, Lawrence. Principles of Managerial Finance, Addison Wesley Publishing.

·  Brealey, R.A., Myers, S.C.& Marcus, A.J. Fundamentals of Corporate Finance, Special Edition for Turkey, McGraw Hill.

·  Ross, S., Westerfield, R.& Jordan, B. Fundamentals of Corporate Finance, McGraw Hill.

Course Evaluation

Project %40

Assignments %20

Final %40

Assignments

After completing each module, you will be given multiple choice or fill in the blanks type questions to review the material that is covered in the class.

You will receive the 20% of the final grade by completing these assignments.

Project

The student is obligated to choose a corporation which is traded in New York Stock Exchange or Borsa Istanbul for this project. Since each student has to choose different corporations, they should state the name of the corporation on following link: https://docs.google.com/spreadsheets/d/1K7BnAllt-g6dpmfgAv8Ds2qMsYiVrc1z57rcJA7ay1g/edit?usp=sharing

It is recommended that, chosen corporations should fulfill following criteria:

1.  Their earnings should have positive growth rate in last 5 years.

2.  Corporations should have positive cash dividend.

3.  Corporations should operate in manufacturing sector.

Minimum expectations from the Project:

1.  3 year trend analysis and last year’s sector average must be compared with financial ratios. Firm ratios have to be interpreted as far as in lectures.

2.  Growth rate of sales must be estimated for upcoming 5 years and assumptions for estimations also be indicated.

3.  Pro forma income statement and pro forma balance sheet must be prepared for upcoming year. Assumptions for estimations must be indicated clearly.

4.  In the light of assumptions in question 3;

a.  External fund level of the firm (if exist)

b.  On which growth level there is no need for external fund

c.  The firm’s sensitivity of external fund necessity on profitability must be determined

5.  Capital structure of the firm must be examined

a.  Cost of debt after tax

b.  Cost of preferred stock

c.  Cost of equity capital

d.  Weighted average cost of capital must be calculated

6.  What will be your main role as a finance manager, what are the main problems of the company and which steps should be applied to solve these problems, the impact of national/international political and economic circumstances on your firm should be analysed.