Financial Mathematics (ISL209) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Financial Mathematics ISL209 3. Semester 3 0 0 3 6
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Compulsory Departmental Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Drill and Practice, Problem Solving.
Course Coordinator
Course Lecturer(s)
  • Asst. Prof. Dr. Naime Usul
Course Assistants
Course Objectives In this course students will learn how to make calculations related to finance. At the end of the course, students will have knowledge about the calculation of interest, annuities, debt repayment, internal and external discount, bond valuation, stock valuation and project evaluation.
Course Learning Outcomes The students who succeeded in this course;
  • To be able to do all mathematical calculations related to commercial mathematics
  • To be able to do financial calculation and evaluation
Course Content Calculations on percentage, calculations related to cost, profit and sales, calculation of interest, annuities, debt repayment, internal and external discount, bond valuation, stock valuation and project evaluation.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Calculations on percentage Ross et.al.ch.1
2 Calculations related to cost, profit and sales Ross et.al.ch.1
3 Calculation of interest Ross et.al.ch.2-3
4 Calculation of interest Ross et.al.ch.2-3
5 Calculation of interest Ross et.al.ch.2-3
6 Quiz
7 Annuities and Applications Ross et.al.ch.4
8 Annuities and Applications Ross et.al.ch.4
9 mid-term exam
10 Long-term Loan Repayment Methods Ross et.al.ch.5
11 Project Evaluation Ross et.al.ch.6
12 Project Evaluation Ross et.al.ch.6
13 Stock Valuation Applications Ross et.al.ch.8
14 Stock Valuation Applications Ross et.al.ch.8
15 Bond Valuation Applications Ross et.al.ch.7
16 Final exam

Sources

Course Book 1. Ertuğrul Çetiner (2006). Ticari ve Mali Matematik, 3.B. Gazi Kitabevi
2. Ramazan Aktaş, Ali Alp, Mete Doğanay ve Ekin Tokat (2007). Temel Finans Matematiği (Excel Uygulamalı), Gazi Kitabevi.
Other Sources 3. Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan (2008). Corporate Finance Fundamentals 8th ed. McGraw-Hill.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics 1 10
Homework Assignments 1 10
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 50
Toplam 4 110
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Gains the ability to use knowledge by acquiring conceptual and practical understanding of all core functions of business. X
2 Identifies problems related to the field of business and effectively uses scientific approaches in problem-solving and decision-making processes. X
3 Demonstrates and analyzes the environmental, social, global impacts and legal consequences of practices related to core business functions. X
4 Analyzes information and reports relevant to businesses at national, regional, and global levels, and sets strategic goals based on the results obtained. X
5 Gains the ability to use, report, and interpret Business Information Systems and their sub-modules required for business management. X
6 Plans the necessary activities such as taking risks, securing resources, conducting market analysis, and preparing business plans for starting a new venture and ensuring its sustainability with innovative and creative thinking, and applies the acquired knowledge accordingly. X
7 Supports oneself and the organization in terms of innovation and continuous improvement, while being aware that the process of research and learning is lifelong and following scientific and technological developments related to business. X
8 Acquires the necessary leadership and managerial skills to achieve business objectives effectively and efficiently. X
9 Conducts scientific research in the field of business and reports the research findings to be used in managerial decision-making processes. X
10 Uses effective verbal, written, and visual communication methods to convey information related to the field of business in the language of instruction and professional English. X
11 Develops awareness of professional ethics, environmental sensitivity, sustainability, social responsibility, and cultural, societal, and universal values. X
12 Takes initiative in working effectively with different disciplines or multicultural teams, assuming responsibility, conducting risk analysis, adapting to change, and applying critical thinking and problem-solving skills. X
13 .

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 1 15 15
Presentation/Seminar Prepration
Project
Report
Homework Assignments 1 15 15
Quizzes/Studio Critics 1 15 15
Prepration of Midterm Exams/Midterm Jury 1 30 30
Prepration of Final Exams/Final Jury 1 30 30
Total Workload 153