Your transaction is in progress.
Please Wait...
Course Details
KTO KARATAY UNIVERSITY
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Energy Management
Course Details
Course Code Course Name Year Period Semester T+A+L Credit ECTS
00761005 Capital Budgeting in Energy Projects 3 Spring 6 3+0+0 5 5
Course Type Elective
Course Cycle Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6)
Course Language Turkish
Methods and Techniques -
Mode of Delivery Face to Face
Prerequisites Dersin ön koşulu yoktur.
Coordinator -
Instructor(s) Asst. Prof. Mustafa Fatih BOZ
Instructor Assistant(s) -
Course Content
Technical and financial studies in the organization of investment projects with the recognition of the necessary data for capital (investment) budgeting of the investment project, economic analysis of projects in various probability conditions, feasibility of various energy investment projects.
Objectives of the Course
The aim of this course is to teach the recognition and preparation of investment project data for various energy projects and the methods applied in the economic evaluation of investments.
Contribution of the Course to Field Teaching
Basic Vocational Courses
Specialization / Field Courses X
Support Courses
Transferable Skills Courses
Humanities, Communication and Management Skills Courses
Relationships between Course Learning Outcomes and Program Outcomes
Relationship Levels
Lowest Low Medium High Highest
1 2 3 4 5
# Program Learning Outcomes Level
P1 To have theoretical and practical knowledge in the field of energy management, to be able to use the knowledge they have 3
P2 To be able to identify issues, collect data, evaluate, analyze, interpret and develop solutions by using the knowledge, skills and competencies acquired in the field of energy management 5
P3 To be able to access different sources of information related to the field of energy management and to make numerical analysis and research 5
Course Learning Outcomes
Upon the successful completion of this course, students will be able to:
No Learning Outcomes Outcome Relationship Measurement Method **
O1 To be able to have applied competencies in energy studies P.1.1 1
O2 Develop the ability to search for information, access information and share information securely by using internet and web technologies P.2.3 1
O3 To have an idea about energy investment analysis and economic analysis methods P.3.25 1
O4 To be able to analyze data P.3.30 1
O5 To be able to interpret statistical findings P.3.31 1
** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7
Weekly Detailed Course Contents
Week Topics
1 Investment Policy in Investment Projects (Demand, Technology, Capacity, Initial Investment Amount)
2 Investment Policy in Investment Projects (Working Capital Calculation)
3 Financing Policy in Investment Projects
4 Calculation of Returns on Investment (Expected Operating Expenses, Expected Operating Income, Expected Net Cash Flow)
5 Calculation of Returns on Investment (Expected Operating Expenses, Expected Operating Income, Expected Net Cash Flow)
6 Methods to be Applied in Making Investment Decision
7 Methods to be Applied in Making Investment Decision
8 Midterm Exam
9 Capital (Investment) Budgeting of a Sample Energy Project
10 Capital (Investment) Budgeting of a Sample Energy Project
11 Capital (Investment) Budgeting of a Sample Energy Project
12 Capital (Investment) Budgeting of a Sample Energy Project
13 Capital (Investment) Budgeting of a Sample Energy Project
14 General Review
Textbook or Material
Resources Akgüç, Öztin (1998).Financial Management (Seventh Edition), Istanbul: Avcıol Basım Yayın
Aksoy, A. and Tanrıöven C. (2014). Capital Market Investment Instruments and Analysis (Fifth Edition). Ankara: Detay Publishing
Aksoy, A. and Yalçıner, K. (2008). Working Capital Management (Fourth Edition). Ankara: Gazi Kitabevi Tic. Ltd. Şti.
Bilir, Hakan (2012). Reel Opsiyon Approach in the Evaluation of Energy Investment Projects, Unpublished Doctoral Dissertation, Ankara University Institute of Social Sciences, Ankara
Boz. M. F. (2021). Financial Issues in Petroleum Exploration and Production Sector, Ankara: Gazi Kitabevi
Boz. M. F. (2021). Capital Structure and Capital Structure Theories, Ankara: Gazi Kitabevi
Brigham, Eugene F. (2006). Fundamentals of Financial Management Volume-1 and Volume-2 (Third Edition). (Translated by Ö. Akmut and H. Sarıaslan). Ankara: Ankara University Basımevi. (Originally published in 1992)
Brigham E.F. ve Houston J.F. (2007). Finansal Yönetimin Temelleri (On Birinci Baskı). ABD: Thomson South-Western
Canbaş, S. and Vural G. (2012). Financial Management (Second Edition). Adana: Karahan Kitabevi
Damodaran, A. (2014). Uygulamalı Kurumsal Finansman (Dördüncü Baskı). New Jersey: John Wiley & Sons, Inc.
Ercan, Metin Kamil (1996). International Petroleum Exploration and Production Investments, Ankara: TPIC Educational Publications
Ercan, M.K. and Ban, Ü. (2014). Financial Management (Value-Based Business Finance) (Eighth Edition). Ankara: Gazi Kitabevi Tic. Ltd. Şti.
Güvemli, Oktay (2001). Regulation, Evaluation and Monitoring of Investment Projects (Seventh Edition). Istanbul: Atlas Yayın Dağıtım Ltd. Şti.
Kavcıoğlu, Şahap (2015). Evaluation of Investment Projects in the Energy Sector (Promethee Method) (Second Edition). Istanbul: Türkmen Kitabevi
Mazeel, Muhammed (2010). Petroleum Fiscal Systems and Contracts, Hamburg: Diplomica Verlag GmbH
Okka, Osman (2021). Financial Management, Theory and Solutions, Ankara: Nobel Academic Publishing
Okka, Osman (2024). Engineering Economics, Principles and Applications, Ankara: Nobel Academic Publishing
Towler, Brian F. (2014). The Future of Energy. London: Academic Press
Vernimmen, Pierre (2009). Kurumsal Finansman, ABD: John Wiley & Sons Ltd
Yarman, Tolga (2012). Energy Resources (Second Edition). Istanbul: Okan University Publications
https://www.enerji.gov.tr/ : T.C. Enerji ve Tabii Kaynaklar Bakanlığı
https://www.epdk.gov.tr/: T.C. Enerji Piyasası Düzenleme Kurumu
https://www.mapeg.gov.tr/ : Maden ve Petrol İşleri Genel Müdürlüğü
https://www.tenmak.gov.tr/: Türkiye Enerji, Nükleer ve Maden Araştırma Kurumu
https://www.eia.gov/ : U.S. Energy Information Administration
https://www.iea.org/ : International Energy Agency
https://people.stern.nyu.edu/adamodar/New_Home_Page/home.htm : Aswath Damodaran finans web sayfası
Evaluation Method and Passing Criteria
In-Term Studies Quantity Percentage
Attendance - -
Practice - -
Field Study - -
Course Specific Internship (If Any) - -
Homework 1 30 (%)
Presentation - -
Projects - -
Quiz - -
Listening - -
Midterms 1 30 (%)
Final Exam 1 40 (%)
Total 100 (%)
ECTS / Working Load Table
Quantity Duration Total Work Load
Course Week Number and Time 14 3 42
Out-of-Class Study Time (Pre-study, Library, Reinforcement) 14 3 42
Midterms 1 25 25
Quiz 0 0 0
Homework 1 25 25
Practice 0 0 0
Laboratory 0 0 0
Project 0 0 0
Workshop 0 0 0
Presentation/Seminar Preparation 0 0 0
Fieldwork 0 0 0
Final Exam 1 40 40
Other 0 0 0
Total Work Load: 174
Total Work Load / 30 5,80
Course ECTS Credits: 6
Course - Learning Outcomes Matrix
Relationship Levels
Lowest Low Medium High Highest
1 2 3 4 5
# Learning Outcomes P1 P2 P3
O1 To be able to have applied competencies in energy studies 3 4 5
O2 Develop the ability to search for information, access information and share information securely by using internet and web technologies 3 4 5
O3 To have an idea about energy investment analysis and economic analysis methods 3 4 5
O4 To be able to analyze data 3 4 5
O5 To be able to interpret statistical findings 3 4 5