Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
4ISL232Financial Management3+0+03621.04.2026

 
Course Details
Language of Instruction Turkish
Level of Course Unit Bachelor's Degree
Department / Program Business
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course The primary objective of this course is to impart the fundamental principles, concepts, and applications of financial management to students. It aims to enhance students' abilities to assess the financial condition of businesses, analyze investment and financing decisions, and understand the impact of these decisions on organizational performance. Additionally, the course seeks to equip students with the skills to monitor and apply contemporary developments in the field of financial management.
Course Content Fundamental Concepts of Financial Management

What is financial management?
Financial objectives and strategies
The relationship between risk and return
Financial Analysis

Analysis of financial statements
Liquidity, profitability, and solvency ratios
Trend analysis and comparative analysis
Investment Decisions

Evaluation of investment projects
Net Present Value (NPV) and Internal Rate of Return (IRR) calculations
Risk analysis of investments
Financing Decisions

Theories of capital structure
Debt and equity financing
Evaluation of financing sources
Budgeting and Planning

Creating a business budget
Financial planning processes
Performance measurement and control mechanisms
Financial Markets and Instruments

Structure of financial markets
Fundamental financial instruments and their functions
Market analyses and investment strategies
Course Methods and Techniques Theoretical Lectures: Instruction and presentations aimed at understanding the foundational concepts.

Case Studies: Engaging in practical learning by analyzing real-world financial scenarios.

Group Discussions: Facilitating discussions on financial decisions within groups to deepen learning by presenting diverse perspectives.
Prerequisites and co-requisities None
Course Coordinator Asist Prof. Beylem ÇELİK beylem.akkus@gedik.edu.tr
Name of Lecturers Asist Prof.Dr. BEYLEM ÇELİK
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Finansal Yönetim, Aysel Gündoğdu, Seçkin Akademik ve Mesleki Yayınlar, 2. Baskı, 2018, Ankara
Finansın Temel Teorileri, Aysel Gündoğdu, Beta Basım Yayım Dağıtım A.Ş., 2018, İstanbul
Akgüç, Ö. (2023). Finansal yönetim. Avcıol Basım Yayın.
Acaravcı, S. K. (2024). Finansal yönetim: Teori ve uygulama. Seçkin Yayıncılık.
Course Notes .

Course Category
Mathematics and Basic Sciences %30
Social Sciences %30
Field %40

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 30
Assignment 2 % 30
Final examination 1 % 40
Total
4
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 2 28
Assignments 2 15 30
Mid-terms 1 23 23
Final examination 1 30 30
Total Work Load   Number of ECTS Credits 6 153

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Understanding Financial Concepts: Students will be able to define and explain fundamental concepts related to financial management, such as capital structure, cash flow, and risk analysis.
2 Financial Analysis Skills: Students will acquire the ability to evaluate a company's financial health by analyzing financial statements, including the balance sheet and income statement.
3 Budgeting and Planning: Students will develop the ability to optimize organizational resources by applying effective budgeting and financial planning processes.
4 Investment Evaluation: Students will gain the ability to assess various investment alternatives by utilizing methods such as Net Present Value (NPV) and Internal Rate of Return (IRR).
5 Financial Risk Management: Students will be able to identify financial risks and develop strategies to minimize these risks.
6 Financial Markets and Instruments: Students will understand the functioning of financial markets and the characteristics of various financial instruments, including stocks, bonds, and derivatives.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Introduction and Overview of the Course This section provides an introduction to the course, outlining its objectives, structure, and key topics that will be covered. Students will gain insight into the importance of financial management, the relevance of the concepts taught, and how these concepts will be applied throughout the course. Additionally, the expectations for participation and assessment will be clarified to ensure a comprehensive understanding of the course framework.
2 Introduction to Types of Companies and Financial Statement Analysis This section will introduce the various types of companies, including sole proprietorships, partnerships, corporations, and limited liability companies, highlighting their distinct characteristics and implications for financial management. Following this, we will delve into financial statement analysis, focusing on the key financial statements—balance sheet, income statement, and cash flow statement. Students will learn how to interpret these documents to assess a company’s financial health, performance, and operational efficiency. This foundational knowledge will be essential for making informed financial decisions and conducting thorough analyses in subsequent topics.
3 Financial Statement Analysis: Examination of the Core Frameworks In this section, we will explore the analysis of financial statements, focusing on their fundamental frameworks. Students will learn how to dissect the balance sheet, income statement, and cash flow statement, understanding their structure and the relationships among the various components. We will cover key concepts such as liquidity, profitability, and solvency, and introduce ratio analysis as a tool for evaluating financial performance. This foundational examination will equip students with the skills necessary to critically assess a company’s financial position and make informed decisions based on their analyses.
4 Financial Statement Analysis: Vertical Analysis, Horizontal Analysis, and Ratio Analysis In this section, we will focus on three key methods of financial statement analysis: vertical analysis, horizontal analysis, and ratio analysis. Vertical Analysis: This method involves analyzing financial statements by expressing each item as a percentage of a base figure within the same statement. For example, in the income statement, each line item can be expressed as a percentage of total sales, allowing for a clear view of relative proportions. Horizontal Analysis: This approach examines financial data over a period of time, highlighting trends and changes in financial performance. By comparing financial statements across multiple periods, students will learn to identify patterns, growth rates, and areas of concern. Ratio Analysis: This technique involves calculating and interpreting key financial ratios to assess a company’s performance and financial health. Ratios such as liquidity ratios
5 Calculating the Time Value of Money (Present Value of Money) In this section, we will explore the concept of the time value of money, focusing specifically on the calculation of present value. The time value of money is a fundamental principle in finance that posits that a sum of money has different values at different points in time due to its potential earning capacity.
6 Evaluation of Project Investment Financing and Decision-Making Process In this section, we will focus on the evaluation of project investment financing and the decision-making process involved in selecting viable projects.
7 Calculating the Time Value of Money (Future Value of Money) In this section, we will examine the concept of the time value of money, specifically focusing on the calculation of future value. The time value of money principle asserts that a sum of money today can grow over time due to its potential earning capacity.
8 Midterm Exam
9 Risk and Return in Investment In this section, we will examine the critical relationship between risk and return, which is foundational to investment decision-making.
10 Portfolio Theory In this section, we will explore Portfolio Theory, which is essential for understanding how to construct and manage investment portfolios to optimize returns while minimizing risk.
11 Fundamental Budgeting: Definitions and Techniques In this section, we will explore the essential concepts and techniques of budgeting, which are critical for effective financial planning and management.
12 Financing International Trade / Risk Management / Payment Methods In this section, we will explore the key aspects of financing international trade, managing associated risks, and the various payment methods used in global transactions.
13 Financial Markets In this section, we will explore the fundamental concepts, types, and functions of financial markets, which play a crucial role in the global economy.
14 Financial Markets In this section, we will explore the fundamental concepts, types, and functions of financial markets, which play a crucial role in the global economy.

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 5 5 5
C2 5 3
C3 5
C4 5 3
C5 5 4
C6 5 2

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