Information
| Unit | INSTITUTE OF NATURAL AND APPLIED SCIENCES |
| ENGINEERING AND TECHNOLOGY MANAGEMENT (MASTER) (WITHOUT THESIS) (INTERDISCIPLINA | |
| Code | MTY005 |
| Name | Financial Management and Financial Analysis |
| Term | 2020-2021 Academic Year |
| Term | Fall |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Doç. Dr. ZAHİDE FİGEN ANTMEN |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
To provide professional engineers with knowledge of planning, budgeting, cost analysis and deviation analysis in the planning and control departments of the industry. In this context, budgeting systems, financial management cycle, forecasting and needs analysis, budget analysis, internal control, evaluation and auditing activities will be discussed.
Course Content
The course of costs; cost-amount-profit analysis; overall cost management; through pricing; management control systems; budgeting; deviation analysis; pricing.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | To understand what business budgets are |
| LO02 | Explain how to make budget arrangement. |
| LO03 | To be able to decide how budget and cost control should be done. |
| LO04 | Discuss the benefits of budgeting |
| LO05 | To be able to evaluate the results of cost control |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Understands, evaluates, interprets and applies knowledge in depth in the field of engineering and technology management, doing scientific research. | 0 |
| PLO02 | - | Has comprehensive knowledge about current methods and techniques of engineering and technology management and its limitations. | 0 |
| PLO03 | - | Has the ability of describing and applying knowledge despite limited or missing data; integrates knowledge from different disciplines into the present knowledge. | 0 |
| PLO04 | - | Designs engineering problems, develops techniques to solve them, using innovative ways. | 0 |
| PLO05 | - | Has the ability of designing and applying research based on analytical, modelling and experimental approaches and has the ability to solve problems encountered while conducting such research. | 0 |
| PLO06 | - | Works in multi-disciplinary teams, takes a leading role and responsibility and develops approaches for complicated solutions. | 0 |
| PLO07 | - | Describes, gathers and uses necessary information and data. | 0 |
| PLO08 | - | Keeps up with the latest developments in the field, examines and learns them when necessary. | 0 |
| PLO09 | - | Has the ability of developing new and/or original ideas or techniques, comes up with innovative solutions for designing systems, components or processes. | 0 |
| PLO10 | - | Presents research findings systematically and clearly in oral or written forms in national or international meetings. | 0 |
| PLO11 | - | Understands social and environmental implications of engineering practice. | 0 |
| PLO12 | - | Considers social, scientific and ethical values in all professional activities and while collecting and analysing data and discussing the findings. | 0 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Budget Concept, Objectives, Principles and Limits | giving materials to understand the course | |
| 2 | Types of Business Budgets and Preparation of Budgets | giving materials to understand the course | |
| 3 | Sales Budget, Production Budget | giving materials to understand the course | |
| 4 | Cost of Sales Budget, Operating Expenses Budget | giving materials to understand the course | |
| 5 | Budgeted Income Statement, Investment Budget | giving materials to understand the course | |
| 6 | Cash Budget | giving materials to understand the course | |
| 7 | Budgeted Balance Sheet | giving materials to understand the course | |
| 8 | Mid-Term Exam | exam preparation | |
| 9 | Cost Reduction Techniques | giving materials to understand the course | |
| 10 | Determination of Standards and Analysis of Deviations | giving materials to understand the course | |
| 11 | Budget Control and Flexible Budget | giving materials to understand the course | |
| 12 | Food and Beverage Cost and Revenue Control | giving materials to understand the course | |
| 13 | Food and Beverage Cost and Revenue Control | giving materials to understand the course | |
| 14 | Labor Cost Control | giving materials to understand the course | |
| 15 | Labor Cost Control | giving materials to understand the course | |
| 16 | Term Exams | exam preparation | |
| 17 | Term Exams | exam preparation |