| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Real Estate Finance | EYP202 | Elective | Associate degree | 2 | Spring | 3 |
Name of Lecturer(s)
Associate Prof. Dr. Nihat Hakan AKYOL
Assistant Prof. Dr. Onur AKPINAR
Assistant Prof. Dr. Murat BOLAT
Lecturer Serkan AKÇAY
Lecturer Ferruh KURUOĞLU
Lecturer Emine Zafer ÖÇBE
Learning Outcomes of the Course Unit
1) Define the basic financial concepts.
2) Explain the mortgage system.
3) Explain the sources of financing of real estate system.
4) Explain how to do real estate investment.
5) Calculate the return on investment instruments.
6) Calculate internal rate of return, payback period, and net present value.
7) Calculate liquidity, profitability and efficiency ratios.
Program Competencies-Learning Outcomes Relation
| Program Competencies | ||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | ||
| Learning Outcomes | ||||||||||
| 1 | No relation | No relation | No relation | No relation | High | No relation | No relation | No relation | No relation | |
| 2 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 3 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 4 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 5 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 6 | No relation | No relation | High | No relation | No relation | No relation | No relation | No relation | No relation | |
| 7 | No relation | No relation | No relation | No relation | High | No relation | No relation | No relation | No relation | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Finance Mathematics
Course Contents
This course covers basic financial concepts, fund, fund of supply and demand, the relationship between inflation and investment tools, investment and the investor, money and capital markets, investments, returns on investment calculation tools, and functions of brokerage firms, real estate investment, real estate sector sources of funding and the mortgage system.
Weekly Schedule
1) General concepts related to real estate financing.2) Real interest rates and nominal interest accounts
3) Simple and compound interest calculations
4) Annuity calculations
5) Discount calculations
6) Calculations percentage and KDV
7) Ratio and proportion calculations
8) Midterm examination/Assessment
9) Cost calculations
10) Sales calculations
11) Real estate companies
12) Mortgage system
13) Bank Credits
14) New financing techniques
15) New financing techniques
16) Final examination
Recommended or Required Reading
1- Prof.Dr.Ali CEYLAN, Finansal Teknikler, Ekin Kitapevi,1995, Bursa
2- Prof.Dr.Ali ALP, Gayrimenkul Finansmanı ve Değerlemesi, İMAK, 2007, İstanbul
3- HEPŞEN, Ali; Gayrimenkul Piyasaları ve Finansmanı, Literatür Yayınları, 2010
4- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
5- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
6- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
7- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
8- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
9- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Group Study
6) Brain Storming
7) Case Study
8) Self Study
9) Problem Solving
10) Project Based Learning
Assessment Methods and Criteria
Contribution of Midterm Examination to Course Grade |
40% |
|---|---|
Contribution of Final Examination to Course Grade |
60% |
Total |
100% |
Language of Instruction
Turkish
Work Placement(s)
Not Required