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FM477      Half Unit
International Finance for MSc Finance and Economics, MSc Finance and MSc Finance & Private Equity

This information is for the 2019/20 session.

Teacher responsible

Dr Liliana Varela

Availability

This course is available on the MSc in Finance (full-time), MSc in Finance (full-time) (Work Placement Pathway), MSc in Finance (part-time), MSc in Finance and Economics, MSc in Finance and Economics (Work Placement Pathway), MSc in Finance and Private Equity and MSc in Finance and Private Equity (Work Placement Pathway). This course is not available as an outside option.

Pre-requisites

Students must have completed either Asset Markets (FM423 or FM423E) and Corporate Finance (FM422or FM422E), or Financial Economics (FM436)

Course content

Following an introduction to the international monetary system, balance of payments, and exchange rate determination, the course will focus on key elements of international financial management, international risk exposure, hedging via FX derivatives (futures, options, and swap contracts), international capital budgeting and valuation techniques, international corporate fund raising, as well as cross-border mergers. Relevant concepts will be illustrated throughout via topical business cases.

Teaching

30 hours of seminars in the LT.

The course will be taught in an interactive Harvard-style three-hour lecture block integrating lectures and

classes.

Formative coursework

Weekly problem sets covering both theoretical methods and practical applications.

Indicative reading

Detailed course readings, cases, and slides will be distributed at the start of the course. Illustrative texts include: International Financial Management by C. S. Eun and B. G. Resnick, McGraw-Hill Education; 8th edition (2017) and International Financial Management by G. Bekaert and R. Hodrick, Cambridge University Press; 3rd edition (2017).

Assessment

Coursework (60%) and coursework (30%) in the LT.
Class participation (10%).

Key facts

Department: Finance

Total students 2018/19: Unavailable

Average class size 2018/19: Unavailable

Controlled access 2018/19: No

Value: Half Unit

Personal development skills

  • Leadership
  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Commercial awareness
  • Specialist skills