4408089: International Business Finance

Description

• Global Financial Environment
• International Parity Conditions
• Foreign Exchange Rate Determination and Forecasting
• The Foreign Exchange Market and the Use of Foreign Currency Derivatives
• Foreign Exchange Exposure
• Financing the Global Firm
• Foreign Investment Decisions
• International Trade Finance
• Working Capital Management

Learning Outcomes

• Having at ones disposal comprehensive and integrated knowledge of the majority of core areas in international business finance
• Independently solving problems in international business finance by means of acquired concepts
• Applying procedures and techniques that are specialised and state-of-the-art
• Identifying, conceptualising and defining new and abstract issues and problems in international business finance
• Communicating acquired information comprehensibly to specialists and laities

Lectures Method

• Interactive lecture with exercises.
• Guest lectures by business leaders to show how theory is transferred into practice.
• An excursion could be offered, lasting several days, to learn more about a foreign financial market.
• Case studies could be offered and discussed in class.

Literature

• Eiteman, D. K., Stonehill, A. I., & Moffett, M. H. (2013). Multinational business finance (13th ed.). Boston: Pearson.
• Eun, C. S., Resnick, B. G., & Sabherwal, S. (2012). International finance (6th ed.). New York: McGraw-Hill/Irwin.
• Madura, J. (2014). International financial management (12th ed.). Cincinnati: South-Western.
• Sercu, P. (2009). International finance - Theory into practice. Princeton: Princeton University.

Materials

A syllabus with detailed information on textbooks in use and research papers as well as lecture slides will be posted on moodle.