Applies elements of standard microeconomic theory to the decision-making process in the firm. Topics include theory and estimation of demand, production and cost functions, models of market behavior, and current issues in regulation and antitrust actions. The course also covers application of macroeconomic concepts to decision-making, and includes such topics as money and capital markets, monetary and fiscal policy, and aggregate economic theory.

Topics in probability theory; theoretical distributions, law of large numbers, central limit theorem, and the normal distribution. Basic topics in parametric statistics, estimation, confidence intervals and hypothesis testing, goodness-of fit tests, analysis of variance, regression and correlation analysis; time series analysis, quantitative forecasting methods; elementary design of experiments and data collection; computer implementations using available up to date statistical software.

Examines statistical tools for business. Topics cover estimation, hypothesis testing, correlation and regression analysis for interpretation of multivariate datasets, quantitative forecasting methods, and an emphasis on business applications through computer based projects. The purpose also includes an understanding of the research methods and the necessity and usefulness of research in managerial decision-making. The students are expected to become acquainted with designing research and to acquire skills in conducting research and data collection methods as well as reporting their findings before they get to the thesis stage.

The course is designed to increase the capacities of students in applying the concepts tools and models of managerial economics in the analysis of a firm and a sector. In the seminar students analyze a sector and a firm in the sector in groups of 3-4 students. The seminar has the secondary aim of giving experience to students in coordinated group work and in report writing.

The use of experimental design as a tool for process development and improvement; guidelines for designing experiments; a review of experiments with a single factor: the analysis of variance; randomized block design, latin square design and related experiments; factorial design, blocking and confounding in factorial designs; fractional factorial design; nested and split-plot designs; regression models; response surface method and other approaches to process optimization; use of relevant software.

Prerequisite: AD 503

An integrated perspective on formulating and implementing effective department, business-unit, and corporate level strategies. Topics include assessment of environmental trends and industry attractiveness; interplay among competitors; establishment of sustainable competitive advantage; the role of quality in the value chain, internal capabilities and resources; values and corporate culture; long-range planning; controlling and achieving superior performance in customer, value-oriented organizations.

Prerequisite: 2nd year standing.

Interdependence of states, international organizations, non-governmental organizations, and multinational corporations (MNCs) as basic units of the global governance system; regional integration, and globalization of factor flows. The dominant role of MNCs in production/ investment/ trade processes. Accountability and legitimacy issues surrounding MNCs; MNC operations in Turkey.

Historical evolution of business firms and social responsibility concepts. Level of development and globalization related demands on corporate conduct. Stakeholder theory: embedding social responsibility and measuring social performance. Theories, concepts and values underlying ethical issues in organizations in both private and public sectors. Actual cases on current unethical practices; stakeholder management, corporate governance. Corporate ethical framework and programs.

Master budget and responsibility accounting, flexible budgets and standards; income effects of alternative product costing methods, relevance, pricing and the decision process; manufacturing job costing, project costing, operation costing and JIT costing, decentralization and transfer pricing, performance measurement.

Prerequisite: AD 570.

Systematic and critical examination of the treatment of major terms in the financial statements prepared under historical last accounting. Examination of selected topics including the preparation of consolidated financial statement.

Prerequisite: AD 570.

History and evolution of accounting concepts and practices including current attempts at formulation of principles; selected current problems; extensive reading and reports.

Prerequisite: AD 570.

Applying the basic theoretical concepts in finance to the complexities of real-life problems.Analysis of  problems related to valuation and financing.Discounted cash flow (DCF) method of valuation; real options; cross-border projects  with currency and country risk; valuation in the context of  takeover battles.Choice of capital structure and dividend policy; issuance of convertibles and warrants.

Prerequisite: AD 570.

The objective of the course is to provide the student with a general understanding of financial markets with special interest in capital markets.

Prerequisite: AD 570.

The study of stocks, bonds and related financial market instruments. Applications of portfolio management and asset allocation techniques.

Prerequisite: AD 570.

The course is designed to study the developments in modern portfolio theory including mean variance portfolio theory, single index and multi index models, constant correlation model and capital asset pricing model. The course also introduces the arbitrage pricing theory and option pricing theory. During the semester students are required to apply the theory on empirical tests.

Prerequisite: AD 570.

The basic inputs to the planning system.Objective- setting , project planning and budgeting phases.Detailed analysis of operating budgets and financial budgets.Variance analyses and control phases of planning.

Prerequisite: AD 576.

The course is designed to introduce the institutions, instruments of international financial markets and the economic theory behind the developments in these areas. The relationships between the exchange markets, foreign trade and financial markets are also analyzed.

Prerequisite: AD 570.

A strategic business environment is simulated with inputs by students and business executives as board members within a computerized competitive model. Strategic decision choices and consequences are discussed, applied and evaluated within a group and individual role-playing approach.

Prerequisite: 2nd year standing.

Analysis of the formal organization from a behavioral perspective; managerial motivation, morale, and role conflict, review of participative management, management by objectives, managerial grid, 3-D approach and similar techniques.

The role of managerial behavior in economic development and industrialization; managerial class, managerial personality and managerial practices in Turkey within the framework of Turkish economic, political, educational and socio-cultural constraints.

Prerequisite: AD 521.

Various perspectives in the study of organizations: structural design, work flow, human relations perspectives. Pioneers of contingency approach: socio-technical systems and related schools of thought. Models of structural determinism: impact of size, technology and environment on structure. Recent developments: multiple contingencies, strategic choice, design as a political process.

Prerequisite: AD 534 or AD 530.

The Challenges of Human Resources Management; Human Resource Planning; Job Analysis and Design; Recruitment of Human Resources; Employee Selection; Orientation and Placement; Training and Development; Career Planning; Performance Appraisal; Compensation Management; Employee Benefits and Services; Employee Motivation and Satisfaction; Stress, Counseling, and Discipline; Change and Organization Development.

Prerequisites: AD 521, AD 534 or AD 530.

Major international business theories; entry strategies; joint-ventures; and measurement of firm internationalization. Analysis of direct investment trends in Turkey and research on multinational corporation operations. Outgoing investments.

Evolution of industry and firms; economic, political, cultural, environmental constraints within which they function; transitional societies, liberalism and pressure groups; social responsibility of business.

Aims to provide a critical appreciation of the ways in which theorizing and research in macro and micro organizational behavior can be applied in dealing with managerial problems. The course also tries to sensitize the student to the cultural and institutional context of management. Attention is also devoted to analyzing the central features of the Turkish business environment. Where relevant, the course relies upon experiential methods to help develop students' managerial skills.

A presentation of the history of labor movements in the developed and developing countries, with special reference to the development of Turkish labor unionism; an analysis of the structure and functions of the various units of labor organization. Special problems such as union membership, union freedoms and democracy, with some emphasis being given to legislation pertinent to labor unions in Turkey. Also, a review of trends in workers participation in management and developments in public employee unionism in various countries will be covered.

A comprehensive study of collective bargaining structures and activities as well as the techniques and procedures of bargaining and on the substantive issues in negotiation and the administration of collective agreements such as wages and fringe benefits. Comparative study of industrial disputes and their settlement through mediation, conciliation and arbitration, and the economics of collective bargaining, with some reference to wage and incomes; policies in various countries will also be studied.

Prerequisite: AD 531.

Intensive analysis of legal problems arising out of labor relations, both individual and collective, based or court rulings, arbitration awards, and other documentary materials.

Management, organizations and organization theory; organizational goals and effectiveness; contextual influences on organizations: technical and institutional environments, size and technology; organization structures and design; new forms of organization; organizational processes; decision-making, power, politics and conflict; organizational change; comparative forms of organization and management.

Innovative, strategic, administrative, managerial and financial aspects of entrepreneurship..Entrepreneurial processes, opportunity recognition, preparing a business plan, forms of finance, venture capital, franchising and managing a growing enterprise.

Laws governing international commercial transactions in the global marketplace. Topics on international sales and marketing agreements. Choice of jurisdiction (The Brussels and Lugano Conventions) and choice of law; use of uniform laws (the Vienna Convention); transportation of goods (Incoterms). Financing of international sales agreements and payment mechanisms in international transactions. EC competition law and technology licensing agreements. Commercial dispute resolution including national/international arbitration with particular focus on UNCITRAL, the Court of Arbitration and the International Chamber of Commerce. Enforcement (the New York Convention).

Provides an overview of the total marketing system, emphasizing product, distribution, promotion and pricing decisions as well as the development of integrated marketing programs. Examines the forces influencing marketing decisions and presents a framework for analyzing these situational forces and identifying key problems and opportunities.

Environmental and strategic issues in global marketing management. Various parameters of global markets including regional integrations, strategic alliances and communication technologies. Global strategy audit tools for assessing worldwide opportunities and challenges faced by firms for selecting foreign markets and entry modes. Strategies about product and service adaptations, export and transfer pricing, integrated marketing communications, distribution channels and logistics management for competitive advantage in global and emerging markets.

The search for new product ideas and their evaluation; the organizational structure necessary for the development and introduction of new products and the management of a product line, the commercial aspects of product design, packaging, labeling and branding; pricing, promoting and selection of channels for new products; considerations involved in making product deletion decisions.

Prerequisite: AD 540.

Evaluation of changes in social, economic and technological realms; effects  on marketing policies, strategies and applications designed  to create, communicate and deliver value; Implications of the influences on the marketplace, on marketing environment and processes.

Prerequisite: AD 540.

An analysis of concepts, principles, theories and models of consumer behavior with applications to particular managerial cases, discussion of and field research related to contemporary issues in consumer behavior.

Prerequisite: AD 540.

Case method applied to decision-making in manufacturing and service organizations where decisions involve the design, planning, scheduling, and control of the productive systems. The topics of the course include project management, production planning and inventory control, quality control, techniques for optimal use of scarce resources, simulation theory and applications.

Study of historical background, philosophy and methodology of operations research, total systems approach to the solution of strategic executive problems; model building and manipulation of models; general discussion of linear programming. Simulation, game theory, statistical inventory control, dynamic programming, queuing analysis, sequencing and other techniques of operations research; applications of operations research in the areas of production, marketing and administration. Selected case studies from previous research studies.

Prerequisite: AD 550.

Introduction to JIT management.

Prerequisite: AD 550.

The principles and methods used in estimating planning and implementing the economic, technical and system characteristics of proposed industrial projects. The layout and design of the organization of such projects and the specification of their technical, financial and other requirements.

This graduate seminar gives the student the responsibility of applying one or more Operations Research Techniques to the definition or solution of a public problem. Students are required to write a paper which either applies a known technique, such as Linear Programming or Goal Programming, to the solution of a relevant problem, or sets forth a problem area, such as national energy policy, using Operations Research concepts in defining the problem.

Prerequisite: AD 550.

The characteristics and potential of advanced manufacturing technologies, a review of available measures of flexibility; discussion of a conceptual framework of manufacturing flexibility that relates effective management of capabilities of the manufacturing system to the competitive performance of the business unit; planning and control models in flexible manufacturing systems; organizational flexibility; practical study at a manufacturing company to illustrate the use of the proposed framework.

Prerequisite: AD 550.

General principles of data mining. Relevant concepts of statistics, databases and data structures, optimization, artificial intelligence, and visualization. A broad overview of techniques. Algorithms, and applications in data mining including basic principles of data mining task, data measurement, exploratory data analysis and visualization, techniques for classification, multidimensional scaling, regression, and clustering. Illustration of some specific applications.

A seminar/case writing course on management problems in state economic enterprises and public service and public service organizations at national or municipal government levels. Areas to be covered include policy setting and organization strategies, legal and organizational funds, coordination between government agencies, production management, market orientation and management financial resources and management and personnel policies and management.

A survey of current government policy enactment which relate to managerial practice, economic policy and political life.

The basic concepts and methods in preparation of financial statements.The accounting  system and principles Analysis of financial reports and applications of accounting concepts to issues such as long-term assets, inventory, sales ,receivables, marketable  securities, corporate ownership and international operations.Design of systems to analyze the performance and  financial structure of companies with  emphasis on ratio analysis, breakeven analysis and profitability.

Scope of accounting; accounting as an information system; financial accounting concepts and standards; generation and processing of financial accounting data; periodic profit measurement; application of financial accounting methods to corporations; consolidated financial statements; accounting and economic concepts of income and value; accounting for changing prices (inflation accounting); financial statement analysis; an introduction into management accounting.

Prerequisite: AD 570

Conceptual framework of accounting; informational needs of accounting information users; accounting standards, standard setters, and standard conflicts; internationalization of the standard setting process; International Accounting Standards and EU harmonization; accounting in selected countries; financial reporting; the disclosure of decision-useful information; users of financial reporting; accounting and valuation in the capital markets; earnings and valuation under certainty; earnings and valuation under uncertainty; capital market efficiency; the role of analysts in the capital market; accounting information and company valuation.

Prerequisite: AD 570

Basic financial time series modelling issues extended to advance topics on stochastic volatility, testing and comparing Value-at-Risk (VaR) measures and fixed-income econometrics. Dynamic models AR, MA, ARMA, ARIMA, VAR and forecasting. Applications of ARCH and GARCH models to foreign exchange and stock returns. Efficient market hypothesis, predictability of asset returns.

Prerequisite: AD 503

Effective management information and control systems are vital in every organization today; both the system designers and managers responsible for their operation need sound knowledge rooted both in concept and experience. It covers vital theoretical insights, while emphasizing the practical issues in management control and the provision of computer assisted systems. The focus throughout is on managerial aspects, rather than on detailed computer techniques. The material, while covering the conventional accounting controls and basic ideas in system design and organizational development, encourages the student to think about new ideas in management participation and the right to information and to recognize the underlying assumptions about power, authority and accountability in developing effective management information and control systems.

Mathematical models and techniques to analyze and develop logistics systems. Representative topics will be vehicle scheduling, inventory control, materials requirement planning, warehouse allocation, forecasting, transportation and transshipment problems and order processing.

Prerequisite: AD 550.

Fundamental concepts, financial policies, and decisions to develop effective financial strategies.Valuation of financial assets, investment options and the corporation.Financial planning and forecasting of financial needs and  budgets.  The financing mix;selection among the various sources of finance.Impacts on corporate performance and value.

Prerequisite: Ad 570.

The widening of students' perceptive and awareness of topics of interest to management through seminars offered by faculty, graduating thesis students, and invited guests from industry, government, business and academia.

Survey and analysis of literature on advanced treatment of selected topics in marketing; theory and history of marketing thought.

Prerequisite: AD 540.

Case analysis on marketing research projects including international and national environments; survey and analysis of literature on designing, analyzing, and interpreting, results in marketing research; evaluation of effectiveness of research reports and articles.

Prerequisite: AD 540.

Micro and macro organizational topics; internal processes, environmental trends, inter-organizational relationships, or recent advances in organizational thinking.

Topics of interest in management science selected to suit both the class and the faculty.

Prerequisite: AD 574.

Advanced techniques in the design of the product. Production system and the production control system. Strategic and tactical problems in the area of production management; case studies centered around production, but also including other functional areas such as marketing, finance and personnel.

Prerequisite: AD 550.

Markov chains and their applications in manpower planning and other areas. Nonlinear programming: Classical optimization (constrained and unconstrained problems). Kuhn-Tucker Conditions, research methods, separable programming, separable convex programming, quadratic programming, goal programming, Queuing Theory-Mathematical theory and simulation of queuing systems. Dynamic Programming. Revised Simplex.

Prerequisite: AD 550.

Directed review of literature and problem formulation as a basis for a term paper on a topic of interest to students, chosen with the approval of their advisors.

Directed research based on the problem formulated in AD 593 leading to a term paper with the approval of the advisor.

The course is designed for the study of recent developments in both financial theory and in applications in financial markets. Spot markets, future and forward markets, financial futures and valuations. Swaps, option valuations and similar instruments and institutions are studied from theoretical and empirical viewpoints.

Prerequisite: AD 570.

Issues of interest in business within a rapidly changing environment in the era of globalization.

Among the topics to be surveyed are current issues and problems in travel and hotel industry; special problems and strategies of hotel management; tourism marketing.