The Center of Excellence in Finance (CEF), established within Sabancı University under the founding sponsorship of Akbank, hosted Aswath Damodaran, Chair Professor of Finance at New York University. 

Known as “Top Name in the World” in valuation, Prof. Aswath Damodaran gave a training titled "Valuation: Art, Science or Magic?".

Established within Sabancı University under the founding sponsorship of Akbank to serve as a bridge between academia, finance and the real sector, the Center of Excellence in Finance (CEF) organized a certificate program titled “Valuation”. Aswath Damodaran, Chair Professor of Finance at New York University, instructed the “Valuation: Art, Science or Magic?" training on 4-5 December, 2019. Participants received a “Certificate of Attendance” from Sabancı University at the end of the program.

Co-organized by Sabancı University CEF and Akbank, the certificate program aimed at presenting the fundamentals of different valuation approaches with detailed applications in addition to the limitations of each approach. The participants were expected to acquire the following skills at the end of the certificate program:

- Valuing of any company in the market (small or large, privately-held or public) based on the discounted cash flow (DCF) model.

- Using valuation multiples and comparable firms to value a company.

- Analyzing and critiquing the use of multiples in valuation.

- Valuing “problematic” companies such as new companies or those in financial difficulty.

- Calculating the impact of corporate restructuring on company value.

On the first day of the seminar, the fundamentals of the discounted cash flow model were presented with special emphasis on the problems that may arise in calculating discount rates, cash flows and expected growth variables. The issues of choosing between different discounted cash flow models and choosing the right model for a particular company were also mentioned. A comprehensive overview of the methods to increase company value through the fundamental structure of the discounted cash flow model was introduced. In addition, the training also focused on various calculation issues with respect to cash flows, discount rates and growth rates. At the end of the first day, the concept of terminal value in the discounted cash flow model was examined and how this value is calculated and the common mistakes made in this process were investigated.

On the second day, questions such as how to handle cash, cross-holdings and other assets, how to value concepts such as control, synergy and liquidity, and how to calculate the value of stocks and options distributed to employees and managers were analyzed. A discussion regarding how to value opaque companies was also conducted. The last part of the day was devoted to relative valuation.

Various multiples commonly used in valuation such as earnings multiples (Earnings/Profit, Value/EBIT, Value/EBITDA) to sales multiples (Price/Sales) were discussed and compared. The relationship between these multiples and discounted cash flow models was emphasized and the concept of “comparable” companies was examined.

Finally, the unique challenges of comparing multiples over time and between different markets were highlighted.

About Prof. Aswath Damodaran:

Aswath Damodaran holds the Kerschner Family Chair in Finance Education at New York University School of Business. He currently teaches corporate finance and valuation courses in the MBA program of the university. He holds an MBA and a PhD from the University of California, Los Angeles. Professor Damodaran's research interests include valuation, portfolio management and empirical corporate finance. His articles have been published in the Journal of Financial and Quantitative Analysis, Journal of Finance, Journal of Financial Economics and Review of Financial Studies.

Prof. Dr. Serdar Taşıran, "Distinguished Research Fellow" of our university will be giving a seminar on Tuesday 10 December 2019 at 12:40, open to all students and faculty members. You are cordially invited to attend!  

The Use of Formal Verification for Cloud Security at Amazon Web Services

This talk will discuss the development and use of formal verification tools within Amazon Web Services (AWS) to increase the security assurance of its cloud infrastructure and to help customers secure themselves. We will also discuss some remaining challenges that could inspire future research in the scientific community.

Bio: 

Since 2016 Serdar Tasiran has been a Principal Applied Scientist at Amazon Web Services. His research area is formal verification: the use of mathematical and algorithmic methods for ensuring correctness and security. During 2003-2016, he was on the Computer Engineering Faculty at Koc University. He has an MS and a PhD degree in Computer Science from the University of California at Berkeley, and a BSc degree in Electrical Engineering from Bilkent University. At Amazon Web Services, within the Automated Reasoning Group, he leads a team that focuses on ensuring the security of protocols and infrastructure software. This year, a paper describing his team’s work received the honorable mention award at the US National Security Administration’s Best 7th Annual Best Scientific Cybersecurity Paper Competition.

Sabancı University Faculty of Engineering and Natural Sciences (FENS) Member Prof. Ali Koşar was granted a research project, within the scope of TÜBİTAK and South Korea National Research Foundation (NRF) Bilateral Cooperation Program.

One doctoral candidate is planned to be supported by the funded project.

Information about Prof. Ali Koşar’s projects: 

Abbreviations:

FENS: Faculty of Engineering and Natural Sciences

SUNUM: Sabanci University Nanotechnology Research and Application Center

Collaboration Space workshops continue in December 2019. 

Collaboration Space December Workshops 

3D Print Workshop

4 December, 14 December 2019

Giving a general idea behind the 3D printing technology and how to use it continued with 3D printing slicing and learning how to print.

Please click to register.  

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Soldering Workshop

3 December, 19 December, 25 December 2019

Basic soldering techniques will be shown for soldering pcb circuits and electronic components. Attendees will be able to practice their newly learned skills aftermath.

Please click to register. 

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Prototyping PCB Workshop

5 December, 20 December, 31 December 2019

 In this workshop attendees will have a hands on experience on how to make PCB prototypes by using LPKF S63 machine. Limit is 2 persons each training.

Please click to register. 

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3D Scanner Workshop

23 December 2019 at 15:00

 3D Scanning Workshop for StartersIn this workshop you will learn to use 3D Scanners to create digital models of objects in the real World.

Please click to register. 

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Introduction to Programming with Python

11 December 2019 at 13:00

In this workshop you will learn the following:

- Strings and list manipulation

- Loops to iterate through strings, lists and ranges

- Variable declaration

- Variable types

- Example algorithms

Bring your own computers.

Install Anaconda for Pyhton 3.7 using the link below, before coming to the workshop.

https://www.anaconda.com/distribution/#download-section

Please click to register.

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Arduino Workshop (Simulation)

17 December 2019 at 13:00

Arduino is the most popular electronic prototyping platform. In this training, participants will learn the basics of Arduino and will be introduced C language that is customized for Arduino.

Participants will learn the following:

- Developing basic programming algorithm

- Variable declaration, loops, methods and control structures,

- Getting familiar with Arduino boards and Arduino simulation platform,

Bring your own computers to the training.

Workshop will be held in Turkish.

Please click to register.

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Lathe and Milling Machine Workshop

10 December 2019 at 15:00

In this workshop, foundations of machining process tools like lathe, Milling machine and Drill Press will be explained and experimented as well as information about safety and usage of these items. Applicants will be able to access to CoSpace workshop after a successful training.

Please click to register.

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The “Preservation of Technological Works of Art” Project was initiated through the cooperation of digitalSSM, the archives and research space of Sabancı University Sakıp Sabancı Museum and the Sabancı University. 

The “Preservation of Technological Works of Art” Project was initiated through the cooperation of digitalSSM, the archives and research space of Sabancı University Sakıp Sabancı Museum and the Sabancı University. 

The first of the series of panel discussions on carrying over the new media such as digital media, video, interactive art, computer graphics and animations, in view of the rapid technological developments in the area was held on 15 November with the participation of Turkish and international specialists and academics. 

The day started with an opening speech by Selçuk Artut from Sabancı University’s  Visual Arts and Visual Communication Program and continued with presentations by internationally acclaimed authorities such as Cemal Yılmaz from Sabancı University’s Computer Science and Engineering, TATE Museum Conservator Patricia Falcao and Rhizome’s Preservation Director Dragan Espenschied as well as a workshop on “Time-Based Media Conservation”. 

Sakıp Sabancı Museum’s Director Dr. Nazan Ölçer said, “It is extremely important that, in our era when digital art occupies such a prominent place on both international and Turkish agendas, Turkey’s first discussion of the conservation of digital art and carrying it over to future is being hosted by our museum. As software and hardware systems get outdated fairly rapidly, digital works of art have shorter lives than works of art in other fields, and updating the relevant software can at times be more expensive than the work of art itself. The loss of these works of art can be accompanied by the loss of the valuable archives they contain and the pertaining information. I believe that this series of panel discussions hosted by our museum constitutes a significant threshold in carrying over to future these works which are now defined as ‘digital heritage’.” 

The next panel discussion within the Preservation of Technological Works of Art project will be held at 2 pm on Friday, 13 December. The opening speech, “Archaeologies in Future. Journey from the PROFOUND TRACES OF TIME ON MEDIA to Possible Futures” will be delivered by Prof. Dr. Siegfried Zielinski of the Michel Foucault Chair of European Graduate School’s Media Archaeology and Techno-Culture Department. Specialists from ZKM (Center for Art and Media Karlsruhe) and PAMAL Group (Preservation & Art - Media Archaeology Lab) will talk on “The Reconstruction of Media and Digital Works of Art Within the Media Archaeology Context: Applied Case Studies”, where they will reveal for the first time, the results of their research on Jeffrey Shaw’s Virtual Sculpture (1981), Paul Garrin’s Ghetto With Watchdog (1989-90) and Frank Gillette and Ira Schneider's Wipe Cycle (1972). 

The last panel discussion within the project framework will be held on 17 January 2020, with the title “Building a Technological Works of Art Collection, Exhibiting and Preserving the Works”, and participation of artists, conservation specialists, collection directors and curators from Turkey. The conferences and workshops are free of charge and are in English, with simultaneous translation to Turkish. 

The activities can be viewed in the social media accounts of Sakıp Sabancı Museum and at www.sakipsabancimuzesi.org

Graduate students will be accepted for the 2019-2020 Spring Semester leading to the M.Sc. and Ph.D. degrees in the following programs.

Detailed information on research areas including basic sciences can be obtained at http://fens.sabanciuniv.edu.

Academic inquiries should only be posted to contact names for each program given below; for administrative or procedure related questions please contact to Student Resources Office.
Phone: +90 (216) 483 9093, E-mail: studentinfo@sabanciuniv.edu

Molecular Biology, Genetics and Bioengineering
The program emphasizes the latest developments and technological innovations in this globally emerging field. Areas of specialization include molecular and cellular biology, bioinformatics, and plant biotechnology.

Academic Contact: Batu Erman,
Phone: +90 (216) 483 9530, 
E-mail: batu@sabanciuniv.edu 

Computer Science and Engineering
Research areas; natural language processing, pattern recognition, formal methods, software engineering, cryptography and information security, network security, computer architectures, distributed systems, database systems, data mining, computer graphics and virtual reality, embedded systems, knowledge representation and reasoning.

Academic Contact: Albert Levi,
Phone: +90 (216) 483 9563,
E-mail: levi@sabanciuniv.edu

Cyber Security
Research areas; computer network security, cryptography, blockchains, biometric systems, cryptographic engineering, wireless system security, data security, software security. 

Academic Contact: Erkay Savaş,
Phone: +90 (216) 483 9606,
E-mail: erkays@sabanciuniv.edu

Electronics Engineering 
Research areas; wireless communication, wireless networks, sensor networks, signal, speech and image processing, computer vision, pattern recognition, data networks, RF, microwaves, antennas and propagation, RF MEMS and RF Circuit design, photonics and fiber optic telecommunication, high-speed electronic devices, microsensors and microelectromechanical systems, medical and industrial ultrasonic imaging, medical instrumentation, analog and digital VLSI design, ASIC and FPGA design, computer-aided design and testing.

Academic Contact: Murat Kaya Yapıcı,
Phone: (216) 483 9553,
E-mail: mkyapici@sabanciuniv.edu

Energy Technologies and Management Master Program (With Thesis)

An interdisciplinary program with focus on the following research areas: renewable energy systems; energy systems modeling; vehicle electrification; green transportation; economic, environmental and policy implications in energy systems; technology design, analysis and optimization. 

Academic Contact: Tuğçe Yüksel
Phone: (216) 483 9987,
E-mail: tyuksel@sabanciuniv.edu

Industrial Engineering 
The program focuses on production and service systems, integrated manufacturing, supply chain management, logistics, joint inventory-pricing decisions, product development process, modeling and analysis of manufacturing processes and equipment, manufacturing and technology strategies, fuzzy systems, combinatorial optimization and operations research approaches to telecommunication and energy systems. Emphasis is given to close collaboration with the industry.

Academic Contact: Burak Kocuk

Phone: (216) 568 7039,
E-mail: burakkocuk@sabanciuniv.edu

Manufacturing Engineering

The Manufacturing Engineering program focuses on advanced manufacturing technologies. The research areas include manufacturing processes and equipment, computer-aided design and manufacturing, integrated manufacturing systems, additive manufacturing (3D printing), biomanufacturing, nano-micro manufacturing, composite and polymer manufacturing, and manufacturing and technology strategies with special emphasis on industrial applications. 

Academic Contact: Lütfi Taner Tunç
Phone: (216) 300 1305,
E-mail: ttunc@sabanciuniv.edu

Materials Science and Nano Engineering  
The program focuses on the interrelationships between structure, properties, and processing of materials for advanced technological applications.  Areas of ongoing research include semiconductors, synthetic and biological polymers, ceramics and composites at the nanometer scale, with particular emphasis on applications in nano-technology.

Academic Contact: Selmiye Alkan Gürsel,
Phone: +90 (216) 483 9573 ,
E-mail: selmiye@sabanciuniv.edu

Mathematics  
The program emphasizes the interaction between pure mathematics and its applications, including those leading to interdisciplinary work. The main areas of concentration are number theory and algebra with applications in coding theory and cryptography, analysis and applications.

Academic Contact: Nihat Gökhan Göğüş,
Phone: (216) 483 9615,
E-mail: nggogus@sabanciuniv.edu

Mechatronics Engineering  
Research areas;  smart product design, multi-disciplinary design optimization, topology design optimization, metamaterials, microsystems, intelligent control systems, robotics, machine vision, haptics, computer aided engineering, renewable energy systems, embedded systems, process control, hydro-turbines, advanced seals, turbine blade reverse engineering. Two-phase flow, Boiling heat transfer, MEMS, Boiling instabilities in microsystems, Convective heat transfer, Critical Heat Flux, Microchannels, Cavitation, Micro- and Nanofluidics, Micro pin-fins, Cross flow, Electronics cooling, Miniaturization of heat sinks. Vibration analysis and control of engineering systems, vibration modeling of continuous systems, experimental modal analysis methods, dynamics of micromachining, design and fabrication of miniature medical devices.

Academic Contact: Kemalettin Erbatur,
Telefon: +90 (216) 483 9585,
E-posta: erbatur@sabanciuniv.edu


Physics
In condensed matter physics the main research areas are experimental and theoretical semiconductor physics, mesoscopic and nanoscopic physics, and superconductivity. In high energy astrophysics, X-, gamma ray and optical obervations of compact objects (neutron stars and black holes) and their environments are the main areas of interest. Other research fields are quantum information and high energy physics.

Academic Contact: Emrah Kalemci,
Phone: (216) 483 9614,
E-posta: ekalemci@sabanciuniv.edu

For Admisson :
Admission Requirements and the Necessary Documents for Graduate School of Engineering and Natural Sciences

Applicants must have completed their previous degree programs by January 14th, 2019.

Financial Support:
Financial support is available in the form of a monthly stipend and/or tuition waiver. Decisions on scholarship will be made by the Admissions Committee .

Deadline:
Applications must be submitted by November, 15th 2019. After initial screening, interviews will be scheduled for potential candidates during 25 November – 13 December ,  2019. Applicants will be informed by e-mail. It is highly recommended to check e-mails for candidates.

 The Graduate Admissions Calendar

Computer Science and Engineering (MSc. / PhD.)
Written Exam*: December 06,  2019

 Interview**    : December 06,  2019
(GRE Subject Test: Starting from 2013-2014 Spring applications, the CS program will request a GRE Subject test score from all international applicants. For 2017-2018 Fall semester applicants, please be aware that a GRE Subject Test score would strengthen your application; so submit your score document, if you have already taken the test.)

Cyber Security (MSc. / PhD.)
Interview**    : December 02, 2019

Electronics Engineering (MSc. / PhD.)
Interview*: will be announced soon

Energy Technologies and Management (MSc. / PhD.)

Interview*: December 09, 2019

Industrial Engineering  (MSc. / PhD.)
Interview**: November 28,  2019

Manufacturing Engineering (MSc. / PhD.)

Interview**: December 04, 2019

Materials Science and Nano Engineering (MSc. / PhD.)
Interview**: will be announced soon

Mathematics (MSc. / PhD.)
Written Exam*: December 04, 2019
Interview**     : December 04, 2019

Mechatronics Engineering (MSc. / PhD.)
Interview**: December 13, 2019

Molecular Biology, Genetics and Bioengineering (MSc. / PhD.)
Interview**: December 06, 2019

Physics (MSc. /PhD)

Written Exam* : December 04, 2019
 Interview**     : December 04, 2019

( The written exam covers the topics of the first & second year introductory physics, the third & fourth year classical mechanics, electromagnetic theory, statistical mechanics, and quantum mechanics. Applicants who provide GRE Physics subject test scores may be exempt from the written exam.)


*All candidates are required to attend the admission exam at the given date.

**Eligible candidates are going to be invited via e-mail for the interview.
 

Applications:

For the Applications to Graduate Programs of Engineering and Natural Sciences, please click here.

Please contact studentinfo@sabanciuniv.edu if you have any questions regarding your graduate application.

Application documents (official exam results, transcript, etc..) should be uploaded on the online system and application packages be submitted either in person or post by mail to the address below. Please note that print-out of the completed application form should also be added to the application package. The packages sent via mail must arrive at the department by the application deadline. Applications sent via e-mail are not accepted.

Warning! All the application documents become property of Sabancı University. It is suggested to keep the original reports of TOEFL, GRE etc. scores, and apply with the copies of those test scores. But please note that the originals must be produced at the time of registration to Sabancı University.

Sabancı University Business School Graduate Programs Alumni Reunion was held in Sakıp Sabancı Museum Gallery Conference Hall on 26 November, Tuesday.

The keynote Speaker, Mr. Cenk Alper, CEO of Sabancı Holding shared his experience on “Being a Leader”.  

The reunion brought together alumni and current students from Executive MBA, full-time MBA, Masters in Finance, PhD, MSc in Business Analytics and Professional MBA programs.

The event ended with inspiring discussions and networking opportunities among students, alumni, faculty and advisory board members.

The Financial Times announced its 2019 Executive MBA rankings on November 18th, revealing that Sabancı University Executive MBA Program is ranked among the best Executive MBA programs in the world. 

Sabancı Business School’s Executive MBA program is ranked 94th in the “World’s Best Executive MBA Programs Ranking 2019” published annually by Financial Times, which is one of the most prestigious journals in the world.

To be eligible to participate, a school should be accredited by AACSB or EQUIS accreditation. While preparing its global ranking list, Financial Times evaluates schools in 16 criteria such as alumni career progress and salary increase, gender, and national diversity among students, faculty members and board members, faculty members’ publications in FT 50 journals and corporate social responsibility activities.

“As Sabancı Business School, we are very happy and proud to be listed in Financial Times’s World’s Best Executive MBA Programs as one of the leader and high quality business schools in Turkey and in the region. This international level recognition is another token reflecting the quality of our school’s education and research.” states  Prof. Dr. Nihat Kasap, Dean of Sabancı Business School.

The full FT Executive MBA ranking 2019 can be seen here: http://rankings.ft.com/businessschoolrankings/executive-mba-ranking-2019

Aslı Demirgüç-Kunt, Chief Economist of Europe and Central Asia Region of the World Bank, was the guest of Sabancı University Center of Excellence in Finance (CEF) on November 15th for the “Banking Regulations and Supervision: Ten Years After the Global Financial Crisis” seminar.

Photograf: Aslı Demirgüç-Kunt, Özgür Demirtaş

Aslı Demirgüç-Kunt, World Bank's Chief Economist for Europe and Central Asia, was the guest of Sabancı University Center of Excellence in Finance (CEF) for a seminar sponsored by Akbank in November. In the seminar held at Sabancı Center on November 15th, Demirgüç-Kunt delivered a presentation on “Banking Regulations and Supervision: Ten Years After the Global Financial Crisis”.

Aslı Demirgüç-Kunt said "The global financial crisis really brought about a very intense process of reorganization. This is seen in both high-income countries and developing countries." Demirgüç-Kunt touched upon the developments in the decade after the economic crisis and the report prepared on this issue.

Demirgüç-Kunt stated that the global economic crisis led to a lot of reform efforts and said that these reforms were seen in the area of banking supervision and regulation.

Demirgüç-Kunt said that a decade has passed after the economic crisis and added that they had prepared various reports to investigate the effects of the crisis. "The economic crisis hit the economies with high income. For this reason, we focused more on these economies. We also wanted to touch upon the impact of the crisis on developing countries. We have been able to present a large data report on bank audits and regulations. This data report includes surveys covering the period after the crisis. That is, we have examined how the effects of the crisis have transformed and changed since the crisis. New data analyses and research also contribute to our policy discussions."

Aslı Demirgüç-Kunt shared the results of a study on banking supervision and regulations with the representatives of the financial sector. She said “Around 80 percent of the participants said that financial regulations are needed and are useful to reduce international shocks. Around 60 percent touched upon the risks resulting from regulations caused by reforms and banking risks.” 

Regarding the total impact of regulatory reforms, Demirgüç-Kunt said, “We looked at the impact of the reforms in developing countries. Only 45 percent of the respondents said these effects would be positive, while the rest thought they would either have no effect or have a negative effect. In fact, there are many different opinions. This diversity also shows that there are very few data and analyzes."

"People’s memories of the crisis are left behind"

Aslı Demirgüç-Kunt pointed out that the global financial crisis brought about a very intensive reregulation process. "This is seen in both high-income countries and developing countries. People's memories of the crisis are slowly left behind. Regulatory institutions, states and governments perhaps display a greater attitude of abstention because people have gradually started to forget the crisis."

Aslı Demirgüç-Kunt stated that they believe that more steps should be taken in general. “The results are pleasing in terms of market discipline and capital requirements. Very good work has been done, but we know that the resolution of the crisis has ultimately led to many rescue packages."

Aslı Demirgüç-Kunt stated that they have not yet seen whether the reforms implemented to prevent excessive risks are sufficiently effective or not, and that market discipline has not improved as much as desired yet, and mixed results are seen in capital requirements.

Stating that they have been working in different fields in different countries for many years, Aslı Demirgüç-Kunt stated that a single solution is not suitable for every country and that not every solution can be useful in developing countries.

"Technological advancements bring along a number of risks"

Demirgüç-Kunt stressed that it is very important to work on issues of transparency and information sharing and said, "The work of regulatory and supervisory agencies will become more difficult in the coming days, because globalization and technological developments continue. In the end, maybe everything will be more difficult. Technological developments and changes bring about a number of opportunities, as well as many risks."

About Aslı Demirgüç-Kunt

Aslı Demirgüç-Kunt is the Chief Economist of the Europe and Central Asia Region of the World Bank. Over her 30-year career in the World Bank, she has also served as the Director of Research, Director of Development Policy, and the Chief Economist of the Finance and Private Sector Development Network, conducting research and advising on financial and private sector development issues. 

Demirgüç-Kunt who also developed the Global Financial Development Report series and the Global Findex financial participation database, served as the President of the International Atlantic Economic Community (2013-14) and the Director of the Western Economic Association (2015-18) and is on the editorial boards of various professional journals.

Prior to working for the World Bank, she was an Economist at the Federal Reserve Bank of Cleveland. She holds a Ph.D. and M.A. in economics from Ohio State University.

“China in the 21st Century: Partner or Competitor?” meeting jointly hosted by Sabancı University & İKV, and supported by Friedrich Naumann Foundation, was held on November 8, 2019.

With the financial support of FNF, IKV and Sabancı University jointly hosted a held round table meeting entitled “China in the 21st Century: Partner or Competitor?” on 8 November 2019. The opening speeches of IKV Chairman Ayhan Zeytinoğlu, Prof. Bahri Yılmaz from Sabancı University and Head of FNF Istanbul Office Dr. Ronald Meinardus were followed by four sessions which are China in the Global Economy and Politics, Relations of China with the European Union, Relations between China and the US and Relations of Turkey with China.

The panelists of the first session, which was moderated by Head of FNF Istanbul Office Dr. Ronald Meinardus, were Karim Dahou, Senior Counsellor and Head of the China Unit in the OECD Global Relations Secretariat, Dr. Erika Gudrun Wacker, Senior Fellow at Stiftung Wissenschaft und Politik (SWP) and Mehmet Öğütçü, Founder and CEO of Global Resources Partnership. 

The second session entitled “Relations of China with the European Union” was moderated by Prof. Bahri Yılmaz and the panelists were Head of Research Division at SWP, Dr. Hanns Günther Hilpert, Strategic Adviser to the Managing Director of European External Action Service Asia & Pacific Department George Cunningham and Managing Director and Coordinator of Asia-Pacific Committee of German Business and Director of the Department for Asia, Africa and Foreign Trade Promotion at the Federation of German Industries, Friedolin Strack. 

The third session entitled “Relations between China and the US” was moderated by Fatih Oktay, Lecturer at Koç University, the panelists were Selim Kuneralp, Former Turkish Ambassador of Ministry for Foreign Affairs of Turkey, Assoc. Prof. Sait Akman, Director of G20 Studies Centre at Economic Policy Research Foundation of Turkey (TEPAV) and Vesile Kulaçoğlu, Former Director of Trade and Environment Division at WTO.

The fourth session entitled “Relations of Turkey with China” was moderated by IKV Secretary General Çiğdem Nas and the panelists were Dr. Altay Atlı, Lecturer at the Department of International Relations at Koç University; Korhan Kurdoğlu, Vice Chairman and CEO of TFI TAB Food Investments and President of TÜSİAD China Network and Mehmet Özgün Arman, Head of Department, Deputy Directorate General for East Asia at Ministry of Foreign Affairs of Turkey. 

Last speaker of the session, Mehmet Özgün Arman, made the point that in recent years, relations between Turkey and China gained momentum which has created win-win situation for both countries. He said that Turkey provided important opportunities for China in terms of both investment and tourism. He concluded by asserting that political will to improve multilateralism should be sustained by both countries. After the Q&A session, the round table meeting came to an end with the distribution of IKV’s Turkish and English publications to the audience.