It enables the students to have an oveview on new trends and developments in international trade finance markets by indicating to them the risks in trade, mainly trade credit risks and the ways to manage the trade credit risks through trade finance products
Prerequisite(s)
Corequisite(s)
Special Requisite(s)
Instructor(s)
Course Assistant(s)
Schedule
Office Hour(s)
Teaching Methods and Techniques
Principle Sources
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction : New Trends and Developments in International Trade, the concept of trade finance
Presentation and discussion
2. Week
Variosu risks in international trade, trade credit risks and credit risk management
Presentation and discussion
3. Week
Terms of delivery, main documents in international trade
Presentation and discussion
4. Week
Terms of payment, CAG,CAD, L/C and L/C types
Presentation and discussion
5. Week
Bonds and guarantees, common forms of guarantees, stand by L/C
Presentation and discussion
6. Week
Midterm
7. Week
Open Account and Credit Insurance, Private Insurers and ECAs
Presentation and discussion
8. Week
Factoring
Presentation and discussion
9. Week
Forfaiting
Presentation and discussion
10. Week
Leasing
Presentation and discussion
11. Week
Foreign Currency risk management : forward and future markets, options
Student Presentations : 1. Open Account Trade and BPO 2. Receivables Securitization
Presentation and discussion
14. Week
Summary and wrap up
15. Week
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
30
Homework / Term Projects / Presentations
1
10
Final Exam
1
50
Program Outcomes
PO-1
OP-1. Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
OP-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
OP-3. Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
OP-4. Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
OP-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
OP-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
OP-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
OP-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
OP-9. Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
OP-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 trade finance market developments
LO-2
It enables the students to have an understanding on trade risks
LO-3
It enables the students to have a knowledge on trade credit risk management in general
LO-4
It enables the students to learn the tools of trade finance, banking and insurance products related to trade finance
LO-5
It enables the students to have an understanding of trade finance markets, market players; credit insurers, ECAs, factoring, forfeiting and leasing companies
