The primary objective of this course is to provide students with the theoretical foundation and practical analytical skills necessary to enable a modern business to manage its financial resources in the most efficient manner and to maintain cash balance and liquidity during periods of crisis. Within the scope of the course, starting with the functioning of the financial environment and financial institutions, the management of operational processes such as working capital, accounts receivable, and inventory financing is covered, while the selection of short- and long-term financing sources and the establishment of an optimal capital structure are examined. In addition, the logic of stock valuation is taught through dividend approaches such as the zero-growth model and the bird-in-the-hand theory; portfolio theory is used to establish the risk-return trade-off, while derivative markets are examined from a strategic perspective to demonstrate how businesses can protect themselves against financial risks (hedging).

Basic concepts of business finance, Cash management and liquidity crises in businesses, Cash preservation strategies during times of crisis, The financial environment of the business: banks and financial institutions, Working capital management and efficiency analysis, Short-term and long-term financing sources and the firm's capital structure, Trade receivables and inventory financing, Stock valuation models: Zero-growth model, bird-in-the-hand theory, dividend irrelevance and tax differential theories, Portfolio theory: Reassessment of risk and return, Derivatives markets and the logic of hedging.