COURSE UNIT TITLE

Offered By

Foreign Trade (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR GÜLÜZAR KURT GÜMÜŞ

Offered to

Foreign Trade (English)

Course Objective

The primary focus of this course is on trade risks, hedging methods and trade finance mechanisms. This course aims to demonstrate the channels between credit managers and trade finance managers in a practical manner. Topics include letters of credit and their variants, back to back issues, the essential differences between guarantees and standby L/Cs, forfaiting and factoring, structured trade finance and governmental support. This course will lead the learner through a deep understanding of the risks and solutions involved and help to do business in a safe and prudent manner.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

Paul Cowdell, Derek Hyde, (2003), International Trade Finance, 8 th E., IFS
Tarsem Singh Bhogal, Arun Kumar Trivedi, 2007, International Trade Finance

Planned Learning Activities and Teaching Methods

The course consists of lectures, class discussions and assignments.

Assessment Methods

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly describe the letters of credit and their variants, guarantees in trade finance
2. The learner will compare forfaiting and factoring
3. The learner will understand all contractual obligations in trade finance
4. The learner will present how to sell trade finance products
5. The learner will highlight the risk areas in trade finance for the bank

Language of Instruction

English

Course Policies and Rules

1. Plagiarism of any type will result in disciplinary action.
2. Attending at least 70 percent of lectures is mandatory.
3. All assignments should be submitted on time. Otherwise will not be accepted.

Contact Details for the Lecturer(s)

guluzar.kurt@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes