Available in 2022
Course code



10 units


6000 level

Course handbook


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.

Availability2022 Course Timetables

Newcastle City Precinct

  • Trimester 2 - 2022

Learning outcomes

On successful completion of the course students will be able to:

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.


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

In Term Test: Mid-Trimester Test

Written Assignment: Group Assignment Written and Oral Presentation

Formal Examination: Final Exam

Contact hours

Newcastle City Precinct


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

The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.