Course Description

Course Name

International Finance

Session: VPGF1225

Hours & Credits

3 US Credits

Prerequisites & Language Level

Taught In English

  • There is no language prerequisite for courses at this language level.

Overview

*Please note- this is a sample syllabus only. Specific course content and course format may alter term-to-term.

Aims of the course:
The objective of this course is to make students familiar with contemporary trends in international business finance, and with different possibilities in forming financial strategies in this field. The theoretical approach will be complemented by case studies covering basic decision making processes in international business finance, in order to develop knowledge and skills of students in the area of financial management.

Learning outcomes and competences:
Upon successful completion of this course, students will be able to determine the factors that influence the international business finance, will gain the basic orientation in the financial markets instruments and methods of financing international business activities of enterprises with regard to their economic and financial strength, area of activities and risk sensibility.

Course contents:

Foreign Exchange Markets

  • Exchange Rate Quotations
  • Cross Rates
  • Locational Arbitrage, Triangular Arbitrage
  • Currency Speculations

Currency Derivatives

  • FX forwards
  • Currency Futures
  • FX Swaps and Currency Swaps
  • Currency Options

Exchange Rate Exposure

  • Transaction, Economic and Translation Exposure
  • Exchange Rate Risk Measurement
  • FX Exposures Management

International Investment Decisions

  • Time Value of Money 
  • Stock Valuation
  • Interest Rates and Bond Valuation
  • Security Market Line e. Investment Criteria

Assessment methods

  • Active lecture/seminar/workshop/tutorial participation = 20 %
  • Presentation = 30 %
  • Mid-term test(s) = 25 %
  • Final test = 25 %
    • Total = 100 %

*Course content subject to change