Course Code & Number
BA 441
Course Title
International Finance
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: NONE
Co-requisites: NONE
Catalog Description
Differences between domestic and international environments. Financial management of multinational corporations. International money and capital markets. Global financial crises. Foreign exchange and interest rate risks. Hedging and risk management.
Course Objectives
This course applies the theories of managerial and international finance to the problems of multinational treasury management. Topics include issues and techniques in multinational funds transfers; identifying and measuring foreign exchange and interest rate risk; multinational tax planning; managing foreign exchange and interest rate risk; hedging instruments, including forward contracts, options, and swaps; and financially engineered synthetics.
Software Usage
Students will use MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Explain how international capital markets work
2. Tell the differences between foreign exchange spot and forward markets
3. Describe the concepts of international parity relations, such as interest rate parity, purchasing power parity, and the international fisher equation
4. Employ models to forecast foreign exchange rates
5. Analyze exchange rate exposure for a multinational corporation
6. Use currency derivatives to hedge currency risk
7. Make international investment and capital budgeting decisions
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Peer Teaching
Demonstrating
Problem Solving
Case Study/Scenarion Analysis
Simulation & Games
Video Presentations
Oral Presentations/Reports
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz
Case Studies / Homework
Presentation (Oral/Poster)
Assessment Methods and Criteria Others:
Recommended Reading
1. Journal of International Business Studies
2. Journal of Finance
3. Journal of Financial Economics
4. Harvard Business Review
5. Related journal articles and publications
Required Reading
1. International Corporate Finance, J.A. Robin, McGraw-Hill/Irwin, 2010.
Learning Activities and Teaching Methods Others:
Student Workload:
| Workload |
Hrs |
| Case Study Analysis |
16 |
Course & Program Learning Outcome Matching:
