ASSESSMENT DETAILS
Class Test 2 hours weighted at 100%, (Tests All Learning Outcomes)
INDICATIVE CONTENT
This module studies the financial operation of the multinational corporation in an environment of open and integrated financial markets. The module will cover a selection of the following topics: global objectives of the MNC, differences between foreign and domestic investment, the financing of international projects and investment strategy. Sourcing of subsidiary financing, international mergers and acquisitions, internal parity conditions, the management of foreign exchange risk, exchange rate forecasting, management of country risk.
LEARNING OUTCOMES
1. DEMONSTRATE A SYSTEMATIC UNDERSTANDING AND CRITICAL EVALUATION OF KEY ASPECTS OF INTERNATIONAL CORPORATE FINANCE
Knowledge & Understanding
2. DEMONSTRATE THE ABILITY TO ANALYSE APPROPRIATE APPROACHES TO SOLVING PROBLEMS IN AREAS OF INTERNATIONAL CORPORATE FINANCE
Analysis
3. APPLY THE METHODS AND TECHNIQUES APPLICABLE TO INTERNATIONAL CORPORATE FINANCE TO DEVISE AND SUSTAIN ARGUMENTS
Problem Solving
Application
RESOURCES
Books and academic journals housed in the library
Access to the internet
TEXTS
Kim, S.H..and Kim (2002). Global Corporate Finance, 5th edn. Blackwell, Oxford
Levich, R. (2001). International Finance Markets. McGraw Hill, Boston
LEARNING STRATEGIES
The learning strategy for the module requires students to commit 150 learning hours (including assessment) of this there will be 30 hours of class support and 120 hours of independent and self directed study. Support will also be given by access to Scheduled Tutor Office Hours to support the module.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.
12 hours of formal lectures
6 hours of formal lectures/large group activity
12 hours of tutorials
Lectures to impart the central ideas of international corporate finance as applied to the multinational corporation and seminar group sessions, which will tackle a wide range of problems, both numerical and case study.
SPECIAL ADMISSIONS REQUIREMENTS
Have studied a Level 4 Introductory Economics or Business Environment module or equivalent.