INTERNATIONAL FINANCE

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

1. 01 Global Financial Environme
2. 02 Globalization process
3. 03 The International Monetary System
4. 04 Balance of Payment
5. 05 Foreign Exchange Rate Determination
6. 06 Foreign Currency Derivatives
7. 07 Foreign exchange exposures

Course Syllabus

Reference Books & Course Materials

1. 01 Moffett, Stonehill, Eiteman (2021), Fundamentals of Multinational Finance, 6th Global Edition, Pearson Education

Learning Outcomes

1. L01 Demonstrate an understanding of the relationship between exchange rates, macroeconomic activity, and country competitiveness in international markets SOLO 4
2. L02 Analyzing the spot and forward foreign exchange markets. SOLO 4
3. L03 Relate the importance of the international parity conditions to global financial markets SOLO 4
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
5. 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

1. P01 1. Gained the necessary skills to learn and adopt a spirit of continuous learning in their professional life.
2. P02 2. Developed various skills by working independently via specific learned techniques that both triggered individual efforts and encouraged collaborative work.
3. P03 3. Acquired the essential knowledge and skills to apply key theories, models and applications within the global business context.
4. P04 4. Adopted and applied critical and strategic thinking together with research capabilities for efficient and effective business decisions.
5. P05 5. Utilized and managed ethically information technologies required for contemporary business world.
6. P06 6. Been equipped with conceptual and analytical skills necessary for team work within global organizations.
7. P07 7. Displayed their learnt communication skills that are required to effectively interact in a cross cultural and diverse international work environment.
8. P08 8. Applied their acquired knowledge within the changing work environment.
9. P09 9. Developed an understanding of ethical perspectives and social responsibilities to be used at work and in personal life.

Po-Lo Matrix