INTERNATIONAL FINANCE
- Course
- ACFN460 - INTERNATIONAL FINANCE
- Department
- Accounting and Finance - English - Undergraduate
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 6
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- Asst. Prof. Dr. Ayhan NADİRİ
- Prerequisite
- -
Course Description
This course covers the theory and practice of international finance at our time. It covers the instruments, practices and institutions of the international financial system with close reference to the relevant theories and current issues. The aim of the course is to familiarize the students with the theoretical, practical and institutional aspects of the current practice of international finance. On successful completion of this course, all students will have developed knowledge and understanding: Global Financial Environment, Globalization process, The International Monetary System, Balance of Payment, Foreign Exchange Rate Determination, Foreign Currency Derivatives, Foreign direct investment and theory and strategy, Multinational Capital Budgeting .
INTERNATIONAL FINANCE
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
- 01 Global Financial Environme
- 02 Globalization process
- 03 The International Monetary System
- 04 Balance of Payment
- 05 Foreign Exchange Rate Determination
- 06 Foreign Currency Derivatives
- 07 Foreign exchange exposures
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Introduction to the Course |
| Week 2 | Multinational Financial Management: Opportunities and Challenges |
| Week 3 | Multinational Financial Management: Opportunities and Challenges |
| Week 4 | The International Monetary System |
| Week 5 | The International Monetary System |
| Week 6 | The Balance of Payments |
| Week 7 | Midterm Examination Period |
| Week 8 | The Balance of Payments |
| Week 9 | The Foreign Exchange Markets |
| Week 10 | The Foreign Exchange Markets |
| Week 11 | International Parity Conditions |
| Week 12 | International Parity Conditions |
| Week 13 | Foreign Currency Derivatives: Options and Futures |
| Week 14 | Foreign Currency Derivatives: Options and Futures |
| Week 15 | Fınal Examination Period |
Reference Books & Course Materials
- 01 Moffett, Stonehill, Eiteman (2021), Fundamentals of Multinational Finance, 6th Global Edition, Pearson Education
Learning Outcomes
- L01 Demonstrate an understanding of the relationship between exchange rates, macroeconomic activity, and country competitiveness in international markets SOLO 4
- L02 Analyzing the spot and forward foreign exchange markets. SOLO 4
- L03 Relate the importance of the international parity conditions to global financial markets SOLO 4
- L04 Relate a solid theoretical and conceptual understanding of firms' financial and investment problems in the international environment and how financial instruments can be used to mitigate these problems. SOLO 4
- L05 Conclude a practical understanding of how firms manage the problems associated with foreign exposure and the extent to which corporate hedging techniques impact the firms' value SOLO 4
Program Outcomes
- P01 1- To have advanced theoretical and practical knowledge supported by textbooks, application tools and other resources including current information in the field of Accounting and Finance.
- P02 2- To be able to use advanced theoretical and practical knowledge acquired in the field of Accounting and Finance.
- P03 3- To be able to interpret and evaluate data, identify problems, analyze and develop solutions based on research and evidence by using advanced knowledge and skills acquired in the field of Accounting and Finance.
- P04 4- To be able to take responsibility as an individual and a team member in order to solve complex and unpredictable problems in accounting and finance applications.
- P05 5- To be able to plan and manage activities for the development of employees under the responsibility of a project.
- P06 6- To be able to determine the learning requirements in the field of Accounting and Finance and to direct their learning.
- P07 7- To be able to inform people and institutions about issues related to the field of accounting and finance, and to be able to transfer their ideas and solution proposals in writing and orally.
- P08 8- To be able to use information and communication technologies together with computer software at the European Computer Driving License Advanced Level required by the field of Accounting and Finance.
- P09 9- To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the results related to the field of accounting and finance.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | Average |
|---|---|---|---|---|---|---|---|---|---|---|
| L01 | 5 | 3 | 2 | 2 | 3 | 3 | 2 | 3 | 1 | 2.67 |
| L02 | 5 | 3 | 2 | 1 | 1 | 3 | 3 | 2 | 3 | 2.56 |
| L03 | 5 | 3 | 2 | 1 | 2 | 3 | 3 | 2 | 3 | 2.67 |
| L04 | 5 | 3 | 2 | 1 | 2 | 3 | 3 | 2 | 3 | 2.67 |
| L05 | 5 | 3 | 2 | 1 | 2 | 3 | 3 | 2 | 3 | 2.67 |