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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS IFN 5016 BUDGETING ELECTIVE 3 0 0 3

Offered By

Finance

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR NEVSER MINE TÜKENMEZ

Offered to

Finance Master of Finance

Course Objective

Being able to prepare the master budget and using it as a means of planning and internal auditing.

Learning Outcomes of the Course Unit

1   Being able to knowe the scope of the budgetary system of a business 2   Being able to prepare the individual budgets in the budgetary system 3   Being able to prepare the responsibility reports 4   Being able to evaluate and calculate performance indicators for profit and investment centers 5   Being able to use Excel for budgeting purposes.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Introduction and Course Description 2 The What and Why of Budgeting: An Introduction 3 Strategic Planning and Budgeting: Process,Preparation and Control 4 Administering the Budget: Reports, Analyses, and Evaluations 5 Profit Planning: Targeting and Reaching Achievable Goals 6 Master Budget: Genesis of Forecasting and Profit Planning 7 Manufacturing Costs: Sales Forecasts and Realistic Budgets Marketing: Budgeting for Sales, Advertising, and Distribution 8 General and Administrative Costs: Budgets for Maximum Productivity 9 Capital Expenditures: Assets to be Bought, Sold, and Discarded 10 Cash Budgeting and Forecasting Cash Flow: 11 Pro-forma financial statements 12 Capital Budgeting: Selecting the Optimum Long-term Investment 13 Regression Analysis: Popular Sales Forecast System 14 Conclusion and Evaluation

Recomended or Required Reading

Budgeting: Basics and Beyond third edition Jae K. Shim and Joel G. Siegel

Planned Learning Activities and Teaching Methods

Lecturing

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 FCG FINAL COURSE GRADE 3 FCGR FINAL COURSE GRADE MTE * 0.40 + FCG* 0.60 4 RST RESIT 5 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + RST* 0.60

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 14 3 42 Preparation for midterm exam 1 5 5 Preparation for final exam 1 20 20 Preparations before/after weekly lectures 14 1 14 Midterm 1 2 2 Final 1 2 2 TOTAL WORKLOAD (hours) 85

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 LO.1 1 LO.2 1 LO.3 1 LO.4 1 LO.5