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.

Unseen two hour examination 100%, (Tests All Learning Outcomes)

The learning strategy for the module requires students to commit 150 learning hours (including assessment) of this there will be 24 hours of class support and 126 hours of independent and self directed study (12 hours of formal lectures/large group activities, 12 hours of tutorials). Support will also be given by access to Scheduled Tutor Office Hours to support the module. Learning support material will be provided for the module.

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.

Books and academic journals housed in the library
Access to the internet

Have studied a Level 1 Introductory Economics or Business Environment module or equivalent.

Kim, S.H..and Kim (2002). Global Corporate Finance, 5th edn. Blackwell, Oxford
Levich, R. (2001). International Finance Markets. McGraw Hill, Boston