Information Package / Course Catalogue
Financing International Trade
Course Code: UTIF306
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 introduce the methods, instruments, and institutions used in foreign trade financing and to enable students to understand the financial dimension of international trade transactions. It also aims to equip students with the knowledge to manage risks and apply financing techniques, payment and delivery methods, and government supports effectively.

Course Content

This course comprehensively covers the financing methods used in international trade operations. Topics include delivery and payment methods, national and international support mechanisms, alternative financing techniques such as leasing, factoring, and forfaiting, Turkish Eximbank practices, and the role of free zones in trade financing. Theoretical knowledge is reinforced through practical case studies.

Name of Lecturer(s)
Lec. Bülent YILDIZ
Learning Outcomes
1.Can explain the methods used in the financing of foreign trade.
2.Can analyze the impact of payment and delivery methods on foreign trade.
3.Identifies and applies alternative financing techniques such as leasing, factoring, and forfaiting.
4.Gains knowledge about Turkish Eximbank credits and incentive programs.
5.Can evaluate the financial functions of free zones in international trade.
Recommended or Required Reading
1.Feridun KAYA, Foreign Trade and Finance, Beta Publications
2.Öztin AKGÜÇ, Foreign Trade Finance, Avcıol Printing Publishing
3.Vedat BATGİ ve Kubilay Karakuş, Financing International Trade, Nobel Bilimsel Eserler
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction Context of the course
Week 2 - Theoretical
World Trade Organisation General Agreement on Tariffs and Trade (GATT)
Week 3 - Theoretical
Foreign Trade Institutions in Turkey (IGEME-EXIMBANK, Undersecreteriat of Foreign Trade etc..)
Week 4 - Theoretical
Basic Foreign Trade Operations (Import, Export, Foreign Exchange)
Week 5 - Theoretical
Delivery terms (Incoterms) and documents used in foreign trade
Week 6 - Theoretical
Payment methods I: Prepayment, cash against goods, cash against documents
Week 7 - Theoretical
Payment methods II: Time draft, letter of credit, offsetting, consignment, countertrade
Week 8 - Theoretical
Foreign trade financing: Purpose, scope, risks, general instruments
Week 9 - Theoretical
Leasing, factoring and forfaiting: Definitions, mechanisms, advantages
Week 10 - Theoretical
Foreign Trade Financing and Public Supports (Leasing, Factoring, Forfaiting)
Week 11 - Theoretical
Case studies about leasing, factoring, forfaiting
Week 12 - Theoretical
Turkish Eximbank credits and export support programs
Week 13 - Theoretical
Case studies about Turk EXIMBANK Credits
Week 14 - Theoretical
Free zones: Purpose, structure and incentive mechanisms
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Midterm Examination125126
Final Examination130131
TOTAL WORKLOAD (hours)127
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
4
5
3
3
4
4
4
4
3
4
2
2
OÇ-2
3
4
4
4
4
4
3
3
5
4
4
3
OÇ-3
4
3
4
3
3
4
4
3
4
4
3
2
OÇ-4
2
2
2
3
3
3
4
4
4
4
3
2
OÇ-5
3
3
2
2
2
3
3
4
3
2
2
1
Adnan Menderes University - Information Package / Course Catalogue
2026