ASSESSMENT DETAILS
Examination, 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 MNC and international projects, trades, and investment strategy by MNC. Sourcing of subsidiary financing, Treasury management by MNC. Financial risk management and the use of financial derivatives. 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 PROBLEM SOLVING IN FINANCING MULTINATIONAL CORPORATIONS ACTIVITIES.
Analysis
3. APPLY APPROPRIATE METHODS AND TECHNIQUES TO PLANNING AND MANAGING STRATEGIC FINANCE FOR A MNC.
Analysis
Application
LEARNING STRATEGIES
The learning strategy for the module requires students to commit 150 learning hours (including assessment), of which 36 hours will be class support and 114 hours will be independent and self-directed study.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.
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 based.
RESOURCES
A range of resources, including, University library and IT facilities, the Internet, journals and databases
SPECIAL ADMISSIONS REQUIREMENTS
FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY
TEXTS
BeKeart, G. and R. Hodrick (2012) International Financial Management, Second Edition, Pearson
ISBN-13: 978-0-13-284298-3; ISBN-10: 0-13-284298-X
Madura, Jeff and R. Fox (2011) International Financial Management, Second Edition, Cengage Learning EMEA, UK.
ISBN: 978-1-4080-3229-9