FACULTY OF FINE ARTS AND DESIGN
Department of Industrial Design
DM 304 | Course Introduction and Application Information
Course Name |
Project Budgeting
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
DM 304
|
Fall/Spring
|
3
|
0
|
3
|
4
|
Prerequisites |
None
|
|||||
Course Language |
English
|
|||||
Course Type |
Elective
|
|||||
Course Level |
First Cycle
|
|||||
Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | - | |||||
Course Coordinator | ||||||
Course Lecturer(s) | ||||||
Assistant(s) | - |
Course Objectives | The aim of this course is to equip students with the tools that will help them to understand what market and investor is thinking about design projects. |
Learning Outcomes |
The students who succeeded in this course;
|
Course Description | There would be 3 main phases of project budgeting. In the first phase R&D and prototype costs would be analyzed. In the second phase with some improvements on design value would be analyzed. And in the 3rd phase (which is the mass production phase) budgeting should be made for business planning. |
|
Core Courses | |
Major Area Courses |
X
|
|
Supportive Courses | ||
Media and Management Skills Courses | ||
Transferable Skill Courses |
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
Week | Subjects | Related Preparation |
1 | Course Introduction, syllabus overview | None |
2 | Introduction to budget (cost and revenue) | None |
3 | Introduction to basic financial terms and their meanings | Bringing a real balance sheet and income statement to class |
4 | Prototype costing | None |
5 | Adding value and determining the price | None |
6 | Review of terms | None |
7 | Midterm | None |
8 | Introduction to investor analysis | Reviewing a video on capital budgeting |
9 | Capital budgeting and Time value of money | None |
10 | Calculating ROI (return on investment) | Reading on a real case about investment analysis |
11 | Analyzing results Class work | None |
12 | Financial statements. What do they mean? | None |
13 | Balance sheet, Income statement | None |
14 | Case study | None |
15 | Case study | None |
16 | Review of the Semester |
Course Notes/Textbooks | Academic papers and presentations related with the subjects conducted during the semester. |
Suggested Readings/Materials | Principles of Managerial Finance – Lawrance J. Gitman, Chapters 1,2,34,8,9,10,11,14 |
EVALUATION SYSTEM
Semester Activities | Number | Weigthing |
Participation |
1
|
10
|
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments |
1
|
15
|
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exams | ||
Midterm |
1
|
35
|
Final Exam |
1
|
40
|
Total |
Weighting of Semester Activities on the Final Grade |
3
|
60
|
Weighting of End-of-Semester Activities on the Final Grade |
1
|
40
|
Total |
ECTS / WORKLOAD TABLE
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
Laboratory / Application Hours (Including exam week: '.16.' x total hours) |
16
|
0
|
|
Study Hours Out of Class |
8
|
3
|
24
|
Field Work |
0
|
||
Quizzes / Studio Critiques |
0
|
||
Portfolio |
0
|
||
Homework / Assignments |
1
|
8
|
8
|
Presentation / Jury |
0
|
||
Project |
0
|
||
Seminar / Workshop |
0
|
||
Oral Exam |
0
|
||
Midterms |
1
|
18
|
18
|
Final Exam |
1
|
22
|
22
|
Total |
120
|
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
#
|
Program Competencies/Outcomes |
* Contribution Level
|
|||||
1
|
2
|
3
|
4
|
5
|
|||
1 |
|
X | |||||
2 |
|
X | |||||
3 |
|
X | |||||
4 |
|
||||||
5 |
|
||||||
6 |
|
||||||
7 |
|
||||||
8 |
|
||||||
9 |
|
||||||
10 |
|
X | |||||
11 |
|
||||||
12 |
|
||||||
13 |
|
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
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