Information Package / Course Catalogue
Investment Project Analysis
Course Code: ISL304
Course Type: Non Departmental 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

Businesses should constantly invest to reach their growth targets. Before making an investment decision, legal, technical, economic and financial scrutinies sholuld be made. An investment made without these inspectiopns is likely to have the risk of being incomplete and not yielding the desired outcomes. the aim of this course is to teach the students how to make legal, technical, economic and financial scrutinies.

Course Content

Description of the project,The importance and characteristics of the investment projects , using business objectives in investment projects,technique of project preparation, the applications that take place in the process of preparation of investment projects, evaluation the results of investment projects, selection and application of the most appropriate investment, and control of the results.

Name of Lecturer(s)
Learning Outcomes
1.Explains evaluation criteria for investment projects.
2.Forecasts cash flows.
3.Applies measures such as net present value and internal rate of return.
4.Conducts analysis under risk and uncertainty.
5.Prepares feasibility reports.
6.Evaluates the impact of investment decisions on the business.
Recommended or Required Reading
1.Yatırım Projelerinin Hazırlanması, Değerlendirilmesi ve Realize Edilmesi, Prof.Dr. Rıza Aşıkoğlu ve diğerler.
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Investment and Project Analysis
Week 1 - Preparation Work
Research the concepts of investment and projects, and examine the significance of investment projects for businesses and the national economy.
Week 2 - Theoretical
Basic Concepts
Week 2 - Preparation Work
Review the concepts of investment expenditure, economic life, cash flow, salvage value, discount rate, and opportunity cost.
Week 3 - Theoretical
Economic Survey
Week 3 - Preparation Work
Research the factors examined in the economic feasibility study of an investment project, including demand, market size, competition, sales forecasts, and capacity selection.
Week 4 - Theoretical
Location Selection and Technical Analysis
Week 4 - Preparation Work
Examine the factors considered in selecting an investment location, including raw materials, labour, transportation, energy, market access, and infrastructure.
Week 5 - Theoretical
Financial Analysis
Week 5 - Preparation Work
Review the concepts of investment cost, working capital requirements, operating expenses, revenues, and project cash flows.
Week 6 - Theoretical
Evaluation of Investment Projects
Week 6 - Preparation Work
Examine the basic characteristics of the payback period, net present value, internal rate of return, and profitability index methods.
Week 7 - Theoretical
Inflation Under the Project Evaluation
Week 7 - Preparation Work
Research the effects of inflation on investment costs, operating expenses, sales revenues, cash flows, and discount rates.
Week 8 - Theoretical
Risk Evaluation of Investment Projects
Week 8 - Preparation Work
Review the distinction between risk and uncertainty, and research sensitivity analysis, scenario analysis, and break-even analysis.
Week 9 - Theoretical
Financial Assessment
Week 9 - Preparation Work
Examine the cash flows, cost of capital, financing structure, and profitability indicators used in the financial appraisal of an investment project.
Week 10 - Theoretical
Programming Methods for Preparation and Implementation Plan Investment Projects
Week 10 - Preparation Work
Review the sequencing of project activities, estimation of activity durations, and resource planning, and research the basic characteristics of Gantt charts, PERT, and CPM.
Week 11 - Theoretical
Evaluation of Investment Projects of National Economy
Week 11 - Preparation Work
Examine the effects of investment projects on employment, value added, foreign trade, regional development, and social welfare.
Week 12 - Theoretical
Estimated investment income to be provided
Week 12 - Preparation Work
Research the effects of sales volume, selling price, capacity utilisation, market share, and demand forecasts on project revenues.
Week 13 - Theoretical
Financing of Investment Projects
Week 13 - Preparation Work
Examine the financing sources available for investment projects, including equity, bank loans, bond issues, financial leasing, and other financing alternatives.
Week 14 - Theoretical
Discussion, problem solving for the final exam
Week 14 - Preparation Work
Review the fundamental concepts, project evaluation methods, and calculation techniques covered throughout the course, and solve sample problems related to the previous weeks.
Assessment Methods and Criteria
Type of AssessmentCountPercent
Assignment1%5
Quiz1%10
Midterm Examination1%25
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141356
Assignment1336
Quiz1101
Midterm Examination125126
Final Examination135136
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
PÇ-11
PÇ-12
OÇ-1
3
2
3
3
2
3
3
3
OÇ-2
3
2
3
3
2
3
3
3
OÇ-3
3
2
3
4
2
3
3
3
OÇ-4
3
2
3
4
2
3
3
3
OÇ-5
3
2
3
4
2
3
3
3
OÇ-6
3
2
3
4
2
3
3
3
Adnan Menderes University - Information Package / Course Catalogue
2026