Critically evaluate the importance of international monetary systems and country risk in multinational financial management.

Knowledge and Understanding, Communication


Demonstrate the ability to analyze the methods of financing foreign trades

Problem-solving, Analysis, Application, Communication


Demonstrate a critical understanding of risk management for international transactions

Problem-solving, Analysis, Application


Critically evaluate the cost of capital for international investments and trade considering exchanges rate risk.
Problem-solving, Analysis, Application

(1) Midterm Group Presentation (15 minutes) (30%) LOs 1, 2

(2) Exam (2 hours) (70%) plus 10 mins reading time (LOs 1, 2, 3 & 4)

This subject introduces main concepts and methods associated with international financial decision-making for multinational business. Among the concept being covered is on the multinational financial management, foreign exchange, risk analysis and tools, financing foreign trade, international portfolio investment and corporate strategy. Topics include:
• Introduction to Multinational Financial Management
• Determination of Exchange Rates
• International Monetary System
• Country Risk Analysis
• Foreign Exchange Market
• Currency Futures and Options Market
• Swaps and Interest rate Derivatives
• Financing Foreign Trade
• Cost of Capital for Foreign Investments
• International Portfolio Investment
• Corporate Strategy and Foreign Direct Investments
• Managing Multinational Financing System

The learning strategy for the module requires students to commit 200 learning hours (including assessment) of which there will be 36 hours of tutor-led learning and 164 hours of independent and self-directed study. During the tutor-led learning hours, students will receive robust support through interactive tutorials where they can ask questions, clarify doubts, and receive personalized guidance on challenging concepts. These tutorials are designed to foster a deeper understanding of the material, with opportunities for collaborative learning and discussions that enhance comprehension and retention.

Action Learning. Learning is achieved by engaging students in activities that have elements of problem solving combined with intentional learning.

Authentic Learning. Students will be presented with activities that are framed around "real life" contexts in which students will find learning more meaningful and motivating. Thus they will be more engaged in the process of acquiring knowledge.

You will undertake ‘formative’ assessments during the module to help you monitor your learning and provide you and us with ongoing feedback on your progress, that helps you prepare for the ‘summative assessment(s) during or at the end of the module. The formative assessments may include quizzes, short essays, or problem-solving exercises, with feedback given to help students identify areas for improvement.

The use of AI tools such as ChatGPT can be beneficial in learning, however, students must adhere to the following guidelines: (i) all submitted work must be original and written by the student; (ii) if a student utilizes AI tools to generate ideas or receive guidance, this must be clearly cited in the submitted work, just as any other source would be; (iii) students should be mindful of the ethical implications of using AI in their studies, ensuring that their use of such tools does not constitute academic dishonesty.

Unit feedback:
During semester, students’ feedback on the module will be collated and distributed through University's online platform, ensuring consistency with other units and focusing on both improvement and future success. This process includes both individual feedback and cohort-wide summaries, aligning with the university's standardized approach to learning and assessment.

MAIN TEXT:
Shapiro and Hanouna, (2024) Foundations of International Business Finance 12th ed. Wiley.

Anthony Saunders, Marcia Cornett and Otgo Erhemjamts. (2021). Financial Institutions Management: A Risk Management Approach, 10th Edition. Wiley

Eun, C. and Resnick, B. (2021). International Financial Management, 9th ed. McGraw Hill Irwin.

Module Study Guide and Handbook
BUV Learning Resources Centre and website
BUV Canvas; Learning Management System
SU VLE
SU Library