International Finance
Finance/Commerce
Course Code (Undergraduate): 010794
Course Code (Postgraduate): 2010794
48 Contact Hours
7.5 ECTS points Credit Points
Course Description
This unit examines how global corporations make their strategic financial decisions. It analyses the main techniques utilized by managers in the international financial market and how they are applicable to different areas.
Students will be looking into the topics of Global Financial markets, Currency Exchanges Rates, Currency Derivatives, Management of Risk, Portfolio Diversification and Changing Interest Rates. This course allows students to learn to identify the obstacles multinational corporations face whilst undertaking business in different countries, focusing on the financial aspects.
Timetable
Schedule and Topics
1. Introduction to International Finance
2. International Trade Flows
3. International Financial Markets
4. Exchange Rates and risk management
5. Currency Derivatives
6. Interest Rate Parity and International Parity Conditions
7. Interest Parity Relationship and Forecasting
8. Foreign Exchange Exposure and Management
9. International Portfolio Diversification
10. Swap and Interest Rate Risk Management
11. DFI & Country Risk Analysis
12. International Capital Budgeting
13. Structure of multinational firms and the Cost of Capital
14. Political Risk Management
2. International Trade Flows
3. International Financial Markets
4. Exchange Rates and risk management
5. Currency Derivatives
6. Interest Rate Parity and International Parity Conditions
7. Interest Parity Relationship and Forecasting
8. Foreign Exchange Exposure and Management
9. International Portfolio Diversification
10. Swap and Interest Rate Risk Management
11. DFI & Country Risk Analysis
12. International Capital Budgeting
13. Structure of multinational firms and the Cost of Capital
14. Political Risk Management
Assessments
Class (Tutorial) participation (15%);
In class tests (25%);
Group Assignment (20%);
Final examination (40%).
In class tests (25%);
Group Assignment (20%);
Final examination (40%).
Prerequisite
Sound knowledge of topics covered in Corporate Finance is a necessary basis for satisfactory completion of this course.
Reference Books
Madura, J. (2015). International Financial Management, 12th Edition, Cengage Learning.
Shapiro, A. C. and Sarin, A.(2009).Foundations of Multinational Financial Management, 6th edition, Wiley
Shapiro, A.C. (2014), Multinational Financial Management, 10th Edition, Wiley.
Course materials (including lecture notes, supplementary readings and solutions to assignment questions) are handed out during the class.
Shapiro, A. C. and Sarin, A.(2009).Foundations of Multinational Financial Management, 6th edition, Wiley
Shapiro, A.C. (2014), Multinational Financial Management, 10th Edition, Wiley.
Course materials (including lecture notes, supplementary readings and solutions to assignment questions) are handed out during the class.
