It enables the students to have an overview on the new trends and developments in international trade finance markets . The students learn about the risks in international trade. They also learn about the techniques to manage the trade credit risks as well as the methods to finance the transactions through various trade finance products.
Prerequisite(s)
Trade policy courses
Corequisite(s)
-
Special Requisite(s)
attendance and participation
Instructor(s)
Lecturer Didem Kayalıdereden
Course Assistant(s)
Schedule
wednesdays, 16.00-18.00
Office Hour(s)
pls send an email for appointment
d.kayalidereden@iku.edu.tr
Teaching Methods and Techniques
- lectures and presentations
Principle Sources
- The Handbook of International Trade and Finance , Anders Grath, Kogan Page, London, 2011
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction: New Trends and Developments in International trade , the concept of trade finance , trade finance markets in general
Lecture and presentation
2. Week
Various risks in international trade, the trade cycle and risks and risk assessment
Lecture and presentation
3. Week
Terms of delivery, main documents in international trade
Lecture and presentation
4. Week
International Payment methods
Lecture and presentation
5. Week
Bonds and guarantees
Lecture and presentation
6. Week
PESTEL Method for strategical analysis of the international trade environment
Lecture and presentation-Guest Speaker from Business
7. Week
Midterm break
8. Week
Letter of Credits
Lecture and presentation
9. Week
Documentary collections
Lecture and presentation
10. Week
Leasing Factoring Forfaiting
Lecture and presentation
11. Week
Structured Trade Finance
Lecture and presentation
12. Week
Project Finance
Lecture and presentation
13. Week
Currency Risk Management
Lecture and presentation
14. Week
Final
Final
15. Week
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Homework / Term Projects / Presentations
2
40
Final Exam
1
50
Program Outcomes
PO-1
Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
Analyses basic concepts and data related to International Trade and Economics by scientific methods, interprets those with analytically, and evaluates those with regard to economic issues.
PO-3
Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
Inspects how public and private sector enterprises engaged in trade activities operates in practice, and evaluates the continuities and the dynamism in these sectors.
PO-6
Defines and tracks local, regional (such as European Union or Middle East) and global issues from the point of political economics, and relates these issues to each other.
PO-7
Possesses sufficient knowledge in other disciplines related to International Trade (such as Economics, Finance, International Business and Law), and reports this information.
PO-8
Follows publications and research in International Trade, Globalisation and Financial Systems in the English language, and communicates with his/her colleagues internationally.
PO-9
Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1
It enables the students to have an overview on new trends in trade finance markets
LO-2
It enables the students to have an understanding of trade risks
LO-3
ıt enables the students to have a knowledge on trade credit risk management
LO-4
It enables the students to learn the tools of trade finance ; banking and insurance products used in trade finance and some of the techniques used in supply chain finance.
LO-5
It enables the students to have an understanding of key trade finance markets, main players, credit insurers, ECAs, leasing, factoring and forfaiting companies.
