Course Descriptions
INCT 502 Financial Reporting and Analysis (3+0+0) 3 ECTS
7
(Finansal
Raporlama ve Analiz)
Financial reporting
systems under International Financial Reporting Standards (IFRS) and Generally
Accepted Accounting Principles (GAAP); overview of principal financial
statements; analysis of reports such as income statement, balance sheet and
cash flow statement; analysis of inventories, long-lived assets, taxes, debt;
financial analysis techniques; consequences of differences in international
accounting systems and ethical issues in accounting.
INCT 511
International Trade Policies and Operations (4+0+0) 4 ECTS 9
(Uluslararası
Ticaret Politikaları ve İşlemleri)
Operational and
implementational aspects of the multilayered world of international trade.
International competitiveness, international trade policies for developed countries
and developing countries, trade barriers; trade regulations and industrial
policies. Policy-making, organizing, financing and partnering with
intermediaries in export-import management. International risk management and
control; principles in international insurance. Case studies supporting related
international trade and monetary issues.
INCT
514 Global Economic
Analysis and Financial Risk (3+0+0) 3 ECTS 7
(Küresel Ekonomik
Analiz ve Finansal Riskler)
Global economic
environment: contemporary macroeconomics explaining the financial crises and
developments in the international economy; main characteristics, challenges,
opportunities and roles of developed and emerging economies in the global economic
system; coordinated macroeconomic policies and their implications. Case studies
focusing on optimal decision making at the firm and industry level in the ‘New’
Global Economy.
INCT
516 Firms and Markets (3+0+0)
3 ECTS 7
(Şirketler ve
Piyasalar)
Market structures: competition, monopolies, monopolistic competition and oligopolies in national and international markets. Strategic behavior: decision making under uncertainty, simultaneous and sequential move games and related solution concepts. Pricing, entry and exit decisions in different market structures. Cases supporting the importance of strategic behavior in inefficient markets.
INCT 518 National
Competitive Advantage (3+0+0) 3 ECTS 7
(Ulusal Rekabet
Üstünlüğü)
Analysis of local
attributes as determinants of national advantage. Forces influencing
competition and development in an industry, models and strategies for creating
and sustaining competitive advantage, public policies and institutions that
shape competitive outcomes, national competitive advantage within the framework
of policies at the national level as well as at the level of regions, assessment
of selected Turkish industries.
INCT
520 Supply Chain Management and Strategy (3+0+0) 3 ECTS 7
(Tedarik Zinciri Yönetimi ve Stratejisi)
Integrating
operations, supply chain and logistics issues for achieving strategic fit and
business competitiveness. Strategic choices such as operations strategy,
locations strategy, process planning; supply chain key drivers, coordination.
Logistics system design in accordance with supply chain objectives. Logistics
decisions like inventory management, warehousing, transportation, facility
location and distribution; cost structure, agencies and documentation in
international logistics. Utilization of software packages.
INCT
522 Games in International Trade (2+0+2)
3 ECTS 9
(Uluslararası
Ticarette Sanal Oyunlar)
Simulating the internationally competitive trade environment via software
packages. Competition of firms, each represented by a team of students, through
international business decisions. Discussion of firm performances with an
advisory board. Providing real world business experience; developing skills
related to integrated decision processes and analytical thinking.
INCT 523 Competitive Intelligence (3+0+0) 3 ECTS 7
(Rekabet İstihbaratı)
Design and set up of systems for ethical gathering, analyzing, and managing external information for creating competitive advantage. Determining intelligence information needs of the company regarding micro and macro environment and developing knowledge base on markets, partners, competitors, techgnologies, customer/prospects for managing the competitive environment. Key types, tools and techniques of competitive intelligence. Online and other data sources for research.
INCT
524 Applied Data Analysis (3+0+0) 3 ECTS 7
(Uygulamalı Veri Analizi)
Statistical techniques
in data analysis and decision making under uncertainty. Descriptive data
analysis,
statisticcs
concepts, probability concepts and common probability distributions. Decision
trees; correlation analysis. Sampling and estimation, hypothesis testing,
analysis of variance, linear and multiple regression analysis. Introduction to
multivariate data analysis. Use of computer-based statistical tools.
INCT 526 Quantitative Decision Making (3+0+0) 3 ECTS 7
(Nicel Karar Alma)
Developing the required quantitative thinking
skills for the analysis and solution of business decision problems. Deterministic and probabilistic
modeling such as linear programming and sensitivity analysis, goal programming,
network models; project scheduling, forecasting, simulation, decision analysis,
benchmarking. Issues related to operations analysis and management. Utilization
of decision support software packages.
INCT 531
International Business
and Negotiations (3+0+0) 3 ECTS 7
(Uluslararası Yönetim ve Müzakereler)
International organizational environment: symbiotic and competitive interdependencies, cross-cultural literacy; corporate level strategic planning emphasizing internationalization; balance between cooperation and competition: strategic alliances. Framing, strategizing, planning international negotiations; conceptual boundaries and challenges of international negotiation, multi party, multi-session, multi issue negotiations, resolving impasse.
INCT
534 Entrepreneurship (3+0+0) 3 ECTS 7
(Girişimcilik)
Historical development
of entrepreneurship. Major strategic
constraints and issues confronted by start-up and early-stage entrepreneurs;
building, running, and growing a venture in an environment of global changes in
technology, communications, and capital markets; identifying and evaluating
business opportunities; acquiring resources; structuring funding and reasonable
valuation of the venture; achieving competitive advantage given limited
resources; major tools useful in an entrepreneurial setting.
INCT
536 Competition and Strategy (3+0+0) 3 ECTS 7
(Rekabet ve Strateji)
An
evaluation of firm’s competitiveness through internal resources, capabilities
and core competencies and external opportunities and threats presented by the
global environment both at the country and industry-level. Assessment, business-level strategies and
competitive dynamics, corporate-level strategies with a focus on cooperative
strategies, corporate governance and its impact on firm’s competitiveness.
INCT 538 Business Ethics (3+0+0) 3 ECTS 7
(İş
Ahlakı)
The interplay among
society's laws, ethical norms, and markets; ethical assumptions, choices and
conflicts in business decisions; corporate social responsibility in the global
economy; the role of business in poverty alleviation; ethical judgment in
business situations through case analyses.
INCT 541 Political and Legal Aspects of Business Competition (3+0+0) 3
(Rekabetin Siyasi ve Hukuki Boyutları)
Political and legal issues in business competition. World political dynamics and the global legal system; public policy making and international law; organizations, power relations, institutional change; regionalism versus international organizations; regional economic integration and the European Union; interest groups and decision-making. National and international regulation, multilateral and regional trade treaties and associated law; dumping, subsidies, unfair practices and dispute settlement mechanisms in trade under the WTO system; the applicable law for trade in services and intellectual property.
INCT 544 Competition Law and Policy (3+0+0) 3 ECTS 7
(Rekabet
Hukuku ve Politikaları)
The basic principles and policies of competition law. The
legal analysis of the anticompetitive activities and business practices that
restrict competition in markets. Cartel agreements, concerted practices, abuse
of the dominant power, mergers and acquisitions, enforcement of competition
law. Critical perspectives concerning how law should and could control
anti-competitive practices, the role of the regulatory bodies in competition
law.
INCT 550
Competing in International Markets (3+0+0) 3 ECTS 7
(Uluslararası
Pazarlarda Rekabet)
Finding profit opportunities, creating and
challenging competitive advantage and developing corporate advantage in global
markets. The fundamental concepts of marketing matched with
emphasis on competition and core strengths. Techniques for analyzing, assessing and selecting
international markets; entry strategies; identifying and evaluating firm’s
opportunities, anticipating competitive dynamics and developing marketing
strategies in selected markets. Implementing and coordinating marketing
programs in global markets.
INCT 552
International Marketing Channels (3+0+0) 3 ECTS 7
(Uluslararası
Pazarlama Kanalları)
Channel strategy and
design; channel participants’ behavior, conflict, control, and cooperation;
international channel management decisions: motivating; pricing, promotion
issues and logistics; appraising the marketing channel: evaluating channel
member performance; vertical marketing systems and channel management; retailer
and wholesaler marketing decisions; store retailing, non-store retailing;
international retailing.
INCT 554 Strategic Brand
Management (3+0+0) 3 ECTS 7
(Stratejik
Marka Yönetimi)
Historic
origins of branding; brand equity, customer-based brand equity, determining
brand elements, designing marketing programs and marketing communications to
built brand equity, branding strategy; naming new products, designing
strategies for branding and brand extensions; reinforcing and revitalizing
brands; managing brands over geographical boundaries, cultures and market segments;
analysis of cases for creating brands, sub-brands, managing a brand portfolio,
branding a commodity, building a global brand.
INCT
556 International Market Selection (3+0+0) 3 ECTS 7
(Uluslararası
Pazar Seçimi)
Approaches to the explanation of the internationalization of the firm;
internal and external factor categories influencing the selection of markets
and market entry modes; choosing overseas markets, researching and measuring
foreign market attractiveness, evaluation and screening methods; analyzing
the potential of the firm in a specific country market; strategies for foreign market entry.
INCT 558 Integrated Marketing Communications (3+0+0) 3 ECTS 7
(Bütünleşik
Pazarlama İletişimi)
Communication
theory and marketing communications industry; understanding how marketing
communications work through the study of customers and stakeholders; marketing
communication strategies, marketing communications mix: advertising and media
planning, sales promotion, public relations, sponsorship, direct marketing,
personal selling; marketing communications across borders.
INCT 562 Turkey and the
EU: Trade Policies, Strategies and Competitiveness (3+0+0)
3 ECTS 7
(Türkiye ve AB: Ticaret Politikaları,
Stratejileri ve Rekabet Gücü)
Legal, economic and
political aspects of EU trade policies with reference to the candidate status
of Turkey. Analysis of EU-Turkey relations within the context of legal and administrative
harmonization in trade and the Customs Union. EU trade regime, EU Commercial
law, EU trade strategies, trade cases, experiences of accession states and
trade performances. Trade policies and strategies of the EU evaluated with
reference to the geopolitical policies of enlargement, international
competitiveness and neighborhood policy which sets the new regional priorities
of the EU.
INCT
566 E-Commerce (3+0+0) 3 ECTS 7
(Elektronik Ticaret)
Concepts and tools
required to use electronic information systems for creating competitive
advantage in trade with a focus on the strategic, managerial and operational issues.
Current state of e-trade; the Internet; new Internet technologies; B-to-B,
B-to-C, B-to-E opportunities; managing the supply chain on the Internet;
web-site analyses, regulatory and ethical issues, mobile e-trade,
entrepreneurship and other new trends.
INCT 571 Finance for International Trade (3+0+0) 3 ECTS 7
(Uluslararası Ticaret için Finans)
Financial
management from the perspective of trading firms; cost of capital, working
capital management. International and domestic financial markets. Use of derivative
instruments for hedging interest rate, exchange rate and commodity price risks faced by exporters and
importers. Applications in organized and over-the-counter markets. Financing
techniques for international trade; forfaiting, factoring, leasing, post and
prefinancing, structured trade finance.
INCT 572 Portfolio Management (3+0+0) 3 ECTS 7
(Portföy Yönetimi)
Development and
historical behavior of security markets
in the world; valuation of equities, fixed-income securities and
alternative investments; optimal portfolio selection, the relationship between
risk and return, market efficiency, asset allocation, characteristics of
quantitative allocation models, the behavior and performance evaluation of
funds.
INCT 574 Financial Institutions and Capital Markets (3+0+0) 3 ECTS 7
(Finansal Kurumlar ve
Sermaye Piyasaları)
Structure
of financial markets and financial intermediaries; banks, commercial banking
and other depository institutions; institutional investors, including
investment banks, insurance companies, mutual funds, pension funds. Securities
markets including money, capital, foreign exchange, and derivatives markets.
Interest rates and security valuation; central banking system and monetary policy.
INCT
576 Risk Management in International
Trade (3+0+0) 3 ECTS 7
(Uluslararası Ticarette Risk Yönetimi)
Developing
an understanding of the diverse risks faced by international managers. Usual
risks such as property loss or damage, product liability, general liability as
well as international risks like investment risk, employment risk,
transportation risk and political risk. Identifying and evaluating the risk
management tools
and their ranges such as insurance and other financial and loss control techniques.
INCT
590-591 Term Project (0+2+0) 0 ECTS 16
(Dönem
Projesi)
Directed research leading to a term paper on a topic
of interest to the student, chosen under the supervision of a faculty member.
INCT 593-595 Directed
(Yönlendirmeli
Okumalar)
Guided readings in international competition and trade. Supervised research on topics of special interest to the student.