International Financial Management

Course code GSBS6145
Available in 2015
2015 Course Timetables

Description

The course undertakes an in-depth examination of international financial markets and instruments, foreign exchange regimes and exchange rate determination. A significant part of this course also covers alternative methods of financing international operations and strategies for foreign direct investment and alternative methods.

Availability

Newcastle City Precinct

  • Trimester 1 - 2015
  • Trimester 3 - 2015

Learning Outcomes

1. Apply appropriate formats and technologies to financial communication.

2. Analyse, apply and evaluate information within the global financial environment of foreign exchange to solve problems and make informed decisions.

3. Review the problems of dealing in foreign currency and the advantages and disadvantages of overseas funding

4. Recognise and calculate forward exchange rates given spot rates

5. Identify market conventions on exchange rate quotation and correctly calculate those quotations

6. Demonstrate an integrative understanding of the foreign exchange market and the relationships between interest rates, spot and forward rates and expected inflation rates

7. Comprehend the range of hedging strategies including forward rate hedging and contingent hedging

8. Explain the use of futures and option contracts in hedging foreign exchange exposure

9. Analyse, evaluate and synthesise both quantitative and qualitative financial information to influence problem solving and decision making.

Content

The content of this course includes but is not limited to the following topics:

  1. International business environment
  2. International finance and foreign exchange determination
  3. Measuring diverse foreign exchange risk exposure
  4. The cost of capital of a multinational enterprise
  5. Corporate strategy and foreign direct investments; capital budgeting in a multinational setting

Assumed Knowledge

GSBS6130 Corporate Finance

Assessment Items

Written Assignment: Group Assignment Written and Oral Presentation

In Term Test: Mid-Trimester Test

Formal Examination: Final Exam

Presentation: Presentation - Group

Contact Hours

Lecture

Face to Face On Campus 3 hour(s) per Week for Full Term