Information Package / Course Catalogue
Financial Management in Maritime Business
Course Code: ULT216
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: 6
Objectives of the Course

Calculation of the financial values necessary for the management to make decisions in maritime business, determination of marketing and general operating budget values of maritime business, cost control, determination and examination of cost - efficiency standards.

Course Content

Structure and characteristics of financial system in maritime businesses, market oriented finance system, financial reporting for target markets, preparation of financial statements for the activities of the undertaking.

Name of Lecturer(s)
Lec. Yusuf Ziya ŞİPAL
Learning Outcomes
1.Performs the budgeting of the promotion mixes.
2.Makes target market analysis.
3.Makes market share analysis.
4.Has knowledge about investment financing and investment transactions of ships.
5.To have knowledge about financial management in maritime enterprises in Turkey.
6.Has knowledge about the financial management of marine enterprises.
Recommended or Required Reading
1.Ali Deveci, A. Güldem Cerit, Soner Esmer, Denizcilik İşletmeleri Yönetimi, Beta Yayınları, ISBN: 9786053779810, 2016
2.Franklin Allen / Stewart C. Myers / Richard A. Brealey, Principles of Corporate Finance, 2006, McGraw-Hill Irwin
Weekly Detailed Course Contents
Week 1 - Theoretical
Historical process of maritime finance
Week 2 - Theoretical
Financial Tables, Structure of ship register
Week 3 - Theoretical
Structure and characteristics of financial system, Uniform Chart of Accounts, Balance Sheet and Income Statement
Week 4 - Theoretical
Maritime trading financing, Cash Flow Tables, Equity Change Tables
Week 5 - Theoretical
Promotion financing in a maritime business, market analysis, analysis of net capital, types of institutions financing in the maritime sector
Week 6 - Theoretical
Financial Analysis Techniques, Liquidity Ratios, Breakeven Point Analysis, Loans and Types of Loans
Week 7 - Theoretical
Target market analysis financing and planning techniques in a maritime business, Percentage, Trend and Ratio Analysis, Financing of second hand vessels
Week 8 - Theoretical
Merchant Credits, Bank Credits, Margin Management, Shipbuilding financing
Week 9 - Theoretical
Satıcı Kredileri, Banka Kredileri, Teminat Yönetimi, Gemi İnşatı finansmanı
Week 10 - Theoretical
Marketing and general operating budgets of a maritime business
Week 11 - Theoretical
Example of the maritime sector financing model in Turkey
Week 12 - Theoretical
Derivatives used in the financing of the maritime industry
Week 13 - Theoretical
Marketing risk of business shares in maritime businesses
Week 14 - Theoretical
Market share analysis in maritime businesses
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%60
Final Examination1%40
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141356
Reading140228
Individual Work140228
Midterm Examination112113
Final Examination124125
TOTAL WORKLOAD (hours)150
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
PÇ-13
PÇ-14
PÇ-15
OÇ-1
4
4
5
5
4
3
4
5
5
4
4
3
3
4
5
OÇ-2
4
3
4
4
4
4
5
5
4
4
3
3
5
5
5
OÇ-3
4
4
4
4
4
4
5
5
3
3
5
4
4
5
4
OÇ-4
4
4
5
5
5
5
5
5
4
4
4
3
3
4
4
OÇ-5
3
3
5
5
5
4
4
4
4
4
4
5
5
5
4
OÇ-6
4
4
5
5
5
5
4
4
4
4
4
5
3
4
5
Adnan Menderes University - Information Package / Course Catalogue
2026