DETAILED COURSE CONTENT



Course Code : COMF41142

Title :
International Financial Management

Type/Status :

Compulsory

aaaaaaaaaaaa Aims :
This course module is designed to provide a comprehensive knowledge on the theoretical and practical aspects of International Business Finance.
Learning Outcome : aaaaaaaaaaaaaaaa
By the end of this course unit students should be able to:
  • describe the financial challenges and opportunities faced by multinational companies
  • identify and describe the economic determinants of foreign exchange rate and the role of central bank in the foreign exchange market
  • identify the relationships among interest rate, inflation rate, and foreign exchange rate in the spot and futures market
  • measure and manage foreign exchange exposure

Course Content : Global Financial Environment; Comparative corporate governance and Financial Goals, The International Monetary System. The Balance of Payments; Foreign Exchange Theory; International Parity Conditions. Foreign Exchange Rate Determination and Forecasting; The Foreign Exchange Market and Derivatives; The Foreign Exchange Market. Foreign Currency Derivatives; Foreign Exchange Exposure, Transaction Exposure, Operating Exposure, Translation Exposure; Financing the Global Firm, Global Cost and Availability of Capital, Sourcing Equity Capital, Financial Structure and International Debt, Interest Rate and Currency Swaps, International Portfolio Theory and Diversification; Foreign Investment Decisions, Foreign Direct Investment Theory and Strategy, Political Risk Assessment and Management, Multinational Capital Budgeting, Cross-Border Mergers, Acquisitions, and Valuation, Managing Multinational Operations; International Trade Finance, Multinational Tax management, Working Capital Management.

Method of Teaching & Learning:

Lectures, Case Studies, Workshops, and Skill Development Activities.

Scheme of Evaluation:

Case studies, Assignments, Presentations and End semester examination.

The weights given to each component of the evaluation method is announced at the commencement of the module.


Recommended Readings: Eitemet, D. K., Stonehill, A. I., & Moffett, H. M. (2007). Multinational Business Finance (11th ed.). Pearson Education.

Jeff, M. (2009). International Financial Management (9th ed.). Thompson.