Learning Outcomes
1) Discuss the additional complexities financial managers face as they move from a domestic to an international arena.
2) Present the central roles of finance theories in dealing with the complexities faced by financial managers in this environment.
3) Critically evaluate recent articles with reference to principles and practices learnt on the course.
4) Work individually on a written report on international financial management aspects related to the recent financial crisis, the Eurozone crisis or public policy choices that are related to international financial management.
5) Explain and discuss various aspects of international financial management, including the operations of currency markets, capital structure, capital budgeting and international investment.
6) Critically evaluate a range of relevant literature in the field of international financial management.
Course Content (Syllabus)
International Financial Architecture, International Monetary System, International Organizations, Exchange Rates, Currencies, Foreign Exchange Markets, Balance of Payments, Country Risk, Foreign Exchange Derivatives, Interest Rate Derivatives, Financing International Activities, International Portfolio Investments, Foreign Direct Investments, International Capital Expenditure.
Additional bibliography for study
- Eun, C.S. and B.G. Resnick, 2020. International Financial Management. 9th Edition, McGraw-Hill.
- Shapiro, A.C., 2014. Multinational Financial Management. 10th edition, Prentice Hall.
- Butler, K.C., 2016. Multinational Finance: Evaluating Opportunities, Costs, and Risks of Operations. 6th Edition. Wiley.
- Spratt Stephen, 2009, Development Finance: Debates, Dogmas and New Directions. Routledge.