International Financial Management

Module description

Summary:

This module introduces international financial management from a management rather than a technical finance perspective. The emphasis is therefore on understanding the main features of multinational finance and their implications for management decisions rather than on the more technical and specialist aspects of the subject.

Additional Information:

Internationalisation
This module is entirely concerned with International Financial Management. The lectures cover subjects like Foreign exchange markets, foreign exchange risk management, financing the Multinational Corporation, foreign investment analysis and Multinational working capital management which are relevant for many countries.

Employability
Students develop their skills in presenting and team-working, as well as gaining practical knowledge of the essential elements of International Financial Management.

Full module specification

Module title:International Financial Management
Module code:BEMM135
Module level:M
Academic year:2016/7
Module lecturers:
  • Professor Simon James - Convenor
Module credit:15
ECTS value:

7.5

Pre-requisites:

None

Co-requisites:

None

Duration of module: Duration (weeks) - term 2:

11

Module aims

The aim of this module is to develop an understanding of Multinational Financial Management for postgraduate management students. The module will therefore link issues of multinational financial management to other areas such as strategy and marketing.   The module aims to provide increased awareness and understanding of multinational financial management theories and practices with respect to the environment in which multinational financial management takes place, foreign exchange and derivatives markets, foreign exchange risk management, the finance of multinational corporations, foreign investment analysis and multinational working capital management

ILO: Module-specific skills

  • 1. demonstrate a contextual appreciation of the issues facing the multinational corporate financial manager
  • 2. demonstrate an understanding of the basic relationships in international finance
  • 3. demonstrate an understanding of the issues affecting the cost of capital internationally
  • 4. demonstrate an understanding of the foreign exchange market and the drivers of foreign exchange prices
  • 5. demonstrate an ability to apply academic theory and practice in multinational financial management
  • 6. explain and manage the risks involved in multinational financial management

ILO: Discipline-specific skills

  • 7. deal with issues of multinational finance using both theoretical and empirical contributions

ILO: Personal and key skills

  • 8. analyse critical issues in both theoretical and practical contexts.
  • 9. demonstrate skills in presenting the results of individual and group work.

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
221280

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Contact hours16Lectures
6Tutorials

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
75025

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Individual Assignment753000 words1-9Written
Group Presentation and 1,500 word Group Report2515 minutes. Maximum of 4 per group dependent on module numbers1-9Oral. Written feedback on request
0
0
0
0

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Assignment3,000 Assignment (75%)1-91st September deadline for submission
Presentation and Report1,500 word report (25%)1-91st September deadline for resubmission

Syllabus plan

• Introduction to the course

• Relevant Economic Analysis

• The Global Financial Management Environment

• Currency and Derivatives Markets

• Managing Currency Risks

• Financing International Operations

• International Capital Budgeting

• International Management of Working Capital

Indicative learning resources - Basic reading

Shapiro, A. C. and Moles, P. (2014) International Financial Management, John Wiley and Sons

Module has an active ELE page?

Yes

Origin date

01/09/2008

Last revision date

16/08/2016