Information Package / Course Catalogue
Financial Decisions And Dividend Policy
Course Code: UEK509
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

Course Content

Name of Lecturer(s)
Learning Outcomes
1.Estimate the cost of capital for the whole firm, individual divisions as well as the specific projects with advanced techniques
2.Solve capital budgeting problems by risk-adjusted discount rate approach and certainty equivalent approach
3.Explain and evaluate the Modigliani and Miller (MM) capital structure model (with and without taxes) and the Miller model
4.Describe the impact of financial distress, agency costs and asymmetric information on capital structure
5. Explain dividend theories such as the residual theory of dividends and the Miller and Modigliani's irrelevance argument
Recommended or Required Reading
Weekly Detailed Course Contents
Week 1 - Theoretical
The Firm and the Financial Manager, Accounting and Finance
Week 2 - Theoretical
Time Value of Money
Week 3 - Theoretical
Valuing Bonds
Week 4 - Theoretical
Valuing Stocks
Week 5 - Theoretical
Net Present Value and Other Investment Criteria
Week 6 - Theoretical
Discounted Cash Flow Analysis
Week 7 - Theoretical
Project Analysis
Week 8 - Theoretical
Intro. to Risk, Return, and the Opp. Cost of Capital
Week 9 - Theoretical
Midterm
Week 10 - Theoretical
The Cost of Capital
Week 11 - Theoretical
The Capital Structure Decision
Week 12 - Theoretical
Dividend Policy
Week 13 - Theoretical
İstanbul Stock Exchange
Week 14 - Theoretical
Financial Instruments in Turkey
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory1463126
TOTAL WORKLOAD (hours)126
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
OÇ-1
5
3
5
5
3
OÇ-2
5
4
3
2
3
OÇ-3
4
3
2
3
5
OÇ-4
1
2
4
3
4
OÇ-5
3
2
3
5
4
Adnan Menderes University - Information Package / Course Catalogue
2026