INTERNATIONAL TRADE AND LOGISTICS
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General Information about the Course

Course Code:

ISF110

Course Title:

Finance Mathematics

Course Semester:

2. Semester / Spring

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	4

Language of instruction:

Prerequisite of the course:

Type of course:

Necessary

Level of course:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Course Lecturer(s):

Asst. Prof. Dr. Hülya ACAR

Purpose and content of the course

Course Objectives:	The objective of this course is to provide students with an understanding of the mathematical foundations of financial structures in money markets, to develop their ability to apply mathematical operations encountered in banking and insurance, and to enhance their skills in solving financial problems using mathematical approaches. Additionally, the course aims to enable students to analyze basic computational methods used in financial decision-making processes and to apply these methods effectively within the context of international trade and logistics.
Course Objective:	The course aims to equip students with the mathematical foundation necessary for developing effective financial policies in businesses and for making appropriate investment and financing decisions.
Mode of Delivery:	Face to face

Learning Outcomes



Knowledge *(Described as Theoritical and/or Factual Knowledge.)*
1) 1.Defines the fundamental concepts used in financial mathematics such as interest, discounting, annuities and investment valuation. 2. Identifies the structure of money markets and the mathematical basis of financial instruments. 3. Understands the theoretical foundations of financial formulas used in banking, insurance and investment fields.
Skills *(Describe as Cognitive and/or Practical Skills.)*
1) 1. Accurately applies financial calculations such as interest, annuity and bond valuation. 2. Constructs and analyzes mathematical models for financial decision-making processes. 3. Develops appropriate mathematical solutions to financial problems encountered in the fields of international trade and logistics.
Competences *(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)*
1) Analyzes financial data to contribute to investment and financing decisions in business settings.
2) Uses knowledge of financial mathematics within the scope of international trade, with awareness of ethical and professional responsibility.
3) Takes an active role in teamwork-based projects involving financial calculations and develops practical solutions.
4) 1. Applies knowledge of financial mathematics to manage financial risks and optimize resource use in international trade and logistics operations. 2. Develops mathematical solutions to financial problems encountered in national and international markets and contributes to sectoral decision-making processes. 3. Takes responsibility in financial practices relevant to the field by adhering to professional ethical principles and sustainability awareness.

Course Topics

Week

Subject

Definition and importance of interest

Simple interest calculations

Simple external discounting

Simple internal discounting

Equivalent bonds, simple interest applications

Compound interest calculations

Annuity calculations

10)

Debt amortization

11)

Debt amortization

12)

Valuation of bonds

13)

Valuation of stocks

14)

Valuation of stocks

References:

1. Aydın, N. (2009). Finans matematiği. Detay Yayıncılık.
2. Sucu, M. (2015). Finans matematiği (2. Baskı). Nobel Yayın Dağıtım.
3.Aydın, N., & Başar, M. (2019). Finans matematiği (Yayın No. 2769). Anadolu Üniversitesi Yayınları.
4.Ekinci, Y. (2020). Finansal matematik ve uygulamaları. Gazi Kitabevi.
5.Şimşek, M. (2018). Bankacılık ve sigortacılıkta finans matematiği uygulamaları. Seçkin Yayıncılık.
6.Zima, P., & Brown, R. L. (2012). Mathematics of finance (7th ed.). Pearson Education.
7.Kellison, S. G. (2011). The theory of interest (3rd ed.). McGraw-Hill Education.
8.Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2019). Essentials of corporate finance (10th ed.). McGraw-Hill Education.

Ders - Program Öğrenme Kazanım İlişkisi

No Effect	1 Lowest	2 Average	3 Highest

Ders Öğrenme Kazanımları	1	2	3	4	5	6
Program Outcomes
1) 1. Comprehends the theoretical background of international trade and operational information such as import, export, foreign exchange, customs and logistics.
2) 2. Defines business culture and marketing interaction in globalizing capital, labor and goods trade.
3) 3. Follows the global and national basic regulations related to international trade.
4) 4. Analyzes international economic and commercial developments.
5) 5. Defines the problems related to logistics, gains the ability to offer solutions.
6) 6. Gain the ability to use computer and information systems and software used in international commercial operations and data analysis.
7) 7. Gain research skills and analytical thinking skills.
8) 8. Determines the processes and results of the projects to be taken, considers cause-effect relationships, develops a strategic approach
9) 9. Determines the vision, goals and objectives of the institution in the areas in which it is assigned.
10) 10. Obtains information from different sources and has the ability to analyze and uses initiative.
11) 11. He/she is focused on continuous improvement and innovative in his/her field.
12) 12. He/she communicates his/her thoughts in a way that others can understand, communicates horizontally and vertically, and has high persuasion power.
13) 13. Has leadership characteristics and is close to teamwork.
14) 14. Gains B2 level knowledge in at least one foreign language within the scope of European Language Portfolio Independent User and uses these qualifications in oral and written communication.
15) 15. Organizes and implements projects and activities for the social environment in which they live, with a sense of social responsibility.
16) 16. Acts in accordance with social, scientific, cultural and ethical values in various fields of international trade.
17) 17. It analyzes the relations with the stakeholders, monitors the developments and innovations in the field, questions the position of the institution and offers suggestions.
18) 18. Has sufficient awareness of the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety.

Course Teaching, Learning Methods

Q & A
Case Problem Solving/ Drama- Role/ Case Management
Laboratory
Quantitative Problem Solving
Fieldwork
Group Study / Assignment
Individual Assignment
WEB-based Learning
Internship
Practice in Field
Project Preparation
Report Writing
Seminar
Supervision
Social Activity
Occupational Activity
Occupational Trip
Application (Modelling, Design, Model, Simulation, Experiment et.)
Reading
Thesis Preparation
Field Study
Student Club and Council Activities
Other
Logbook
Interview and Oral Conversation
Research
Watching a movie
Bibliography preparation
Oral, inscribed and visual knowledge production
Taking photographs
Sketching
Mapping and marking
Reading maps
Copying textures
Creating a library of materials
Presentation

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Attendance		% 0
Laboratory		% 0
Application		% 0
Practice Exam		% 0
Quizzes		% 0
Homework Assignments	1	% 15
Presentation		% 0
Project		% 0
Special Course Internship (Work Placement)		% 0
Field Study		% 0
Article Critical		% 0
Article Writing		% 0
Module Group Study		% 0
Brainstorming		% 0
Role Playing + Dramatizing		% 0
Out of Class Study		% 0
Preliminary Work, Reinforcement		% 0
Application Repetition etc.		% 0
Homework (reading, writing, watching movies, etc.)		% 0
Project Preparation + Presentation		% 0
Report Preparation + Presentation		% 0
Presentation / Seminar Preparation + Presenting		% 0
Oral examination		% 0
Midterms	1	% 20
Final	1	% 60
Practical Final		% 0
Report Submission		% 0
Bütünleme		% 0
Bütünleme Pratik		% 0
Kanaat Notu		% 0
Committee		% 0
Yazma Ödev Dosyası		% 0
Portfolio		% 0
Take-Home Exam		% 0
Logbook		% 0
Participation	1	% 5
Discussion		% 0
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
total		% 100

Calculation of Workload and ECTS Credits

Activities	Number of Activities	Workload
Course Hours	14	42
Laboratory
Application
Practice Exam
Special Course Internship (Work Placement)
Field Work
Study Hours Out of Class
Article Critical
Article Writing
Module Group Study
Brainstorming
Role Playing + Dramatizing
Out-of-Class Study (Pre-study, Reinforcement, Practice Review, etc.)
Homework (reading, writing, watching movies, etc.)	14	14
Project Preparation + Presentation
Report Preparation + Presentation	8	16
Presentation / Seminar Preparation + Presenting
Oral examination
Preparing for Midterm Exams	7	14
MIDTERM EXAM (Visa)	1	1
Preparing for the General Exam	14	28
GENERAL EXAM (Final)	1	1
Participation	2	4
Discussion
Portfolio
Take-Home Exam
Logbook
Total Workload		120
ECTS (30 saat = 1 AKTS )		4