Information Package / Course Catalogue
Strategic Fiscal Management
Course Code: MLY219
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The aim of this course is to teach the fundamental principles of strategic financial management and how they are applied in the public sector. It aims to provide students with knowledge about the impact of financial management processes on achieving strategic goals, long-term financial planning, performance evaluation, and resource allocation. Additionally, the course will discuss the effects of strategic financial management and best practice examples through applications in Turkey and worldwide.

Course Content

This course examines the fundamental concepts of strategic financial management and how they are applied in the public sector. Students will gain in-depth knowledge about how financial management processes serve strategic goals, long-term financial planning, performance evaluation, and resource allocation. Additionally, comparative analyses will be conducted using examples of strategic financial management practices in Turkey and worldwide.

Name of Lecturer(s)
Learning Outcomes
1.The student will be able to explain the basic principles of strategic financial management and its applications in the public sector.
2.The student will be able to analyze long-term financial planning and performance evaluation processes.
3.The student will gain knowledge about resource allocation, budgeting techniques, and public expenditure management.
4.The student will be able to evaluate risks in strategic financial management and discuss risk management strategies.
5.The student will be able to compare and assess strategic financial management practices in Turkey and internationally.
Recommended or Required Reading
1.Kamu İdarelerinde Stratejik Planlama ve Yönetim, Güven Murat; Muhlis Bağdigen, Gazi Kitabevi, Ankara, 2008.
2.Davis, M. A. (2015). Strategic Financial Management: Applications in the Public Sector. Routledge.
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Strategic Financial Management; Definition, importance, and role of strategic financial management in the public sector.
Week 2 - Theoretical
Basic Principles of Strategic Financial Management; Principles of strategic management, planning, control, and strategy development.
Week 3 - Theoretical
Relationship Between Public Financial Management and Strategic Goals; Contribution of financial management processes to achieving strategic goals.
Week 4 - Theoretical
Long-Term Financial Planning; Importance, processes, and applications of long-term financial planning in the public sector.
Week 5 - Theoretical
Performance Management and Evaluation; Performance-based management, strategic planning, and performance measurement methods.
Week 6 - Theoretical
Resource Allocation and Budgeting; Resource allocation, optimal use of financial resources, and budgeting techniques.
Week 7 - Theoretical
Risk Management in Strategic Financial Management; Financial risks, risk analysis, and control of risks in strategic financial management.
Week 8 - Theoretical
Strategic Financial Analysis in the Public Sector; Public financial statements, financial analysis, and using financial data in strategic decision-making.
Week 9 - Theoretical
Technological Developments and Strategic Financial Management; Digitalization, e-government applications, and the impact of technological innovations on strategic financial management.
Week 10 - Theoretical
Performance and Accountability in Public Financial Management; Monitoring public expenditures, accountability, transparency, and auditing.
Week 11 - Theoretical
International Strategic Financial Management Practices; International examples, the impact of organizations like OECD, IMF on strategic financial management.
Week 12 - Theoretical
Strategic Financial Management in Türkiye; Strategic financial management practices in Türkiye, development process, and current situation.
Week 13 - Theoretical
Strategic Financial Management and Public Reforms; Public financial management reforms and their impact on strategic financial management.
Week 14 - Theoretical
General Review and Practical Case Studies; Overall course review, case studies, and discussions on the future of strategic financial management.
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Midterm Examination119120
Final Examination120121
TOTAL WORKLOAD (hours)125
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
5
4
3
3
5
3
4
4
3
3
OÇ-2
5
4
2
2
5
3
4
4
3
3
OÇ-3
4
4
3
2
5
3
4
4
3
4
OÇ-4
4
3
3
2
5
3
4
4
3
3
OÇ-5
5
4
3
2
5
3
4
4
2
3
Adnan Menderes University - Information Package / Course Catalogue
2026