EF5043 Financial Management and the International Firm

Part I

Course Duration: 1 semester (39 hours)
Credit Units
: 3
Level
: P5
Medium of Instruction
: English
Prerequisites
: Nil
Precursors
: Nil
Equivalent Courses
: Nil
Exclusive Courses: Nil  

 

Part II

Course Aims

This course puts students in the place of a chief financial officer (CFO) of a company operating in an international environment. When completing the course, they should be able to analyze information about the global economy and how it affects the company. In addition, they should be able to propose managerial actions in order to take advantage of opportunities and in order to avoid the costs of adverse market conditions. Some of the decisions that they will have to take during the course are also related to problems faced regularly by management consultants, investment bankers, and international stock analysts.

Course Intended Learning Outcomes (CILOs)
Upon successful completion of this course, students should be able to: 

No.

CILOsWeighting (if applicable)
1.understand the international financial markets10%
2.understand the role of FX rates in international economics and finance10%
3.measure and manage FX risks20%
4.evaluate international investment opportunities60%

Teaching and Learning Activities (TLAs)
(Indicative of likely activities and tasks designed to facilitate students’ achievement of the CILOs. Final details will be provided to students in their first week of attendance in this course) 

CILO No.

TLAsHours/week (if applicable)
CILO 1-4Lectures 
CILO 1-4Exercises/Workshops 
CILO 1-4International investment game/project 

Assessment Tasks/Activities
(Indicative of likely activities and tasks designed to assess how well the students achieve the CILOs. Final details will be provided to students in their first week of attendance in this course) 

CILO No.

Type of Assessment Tasks/ActivitiesWeighting (if applicable)Remarks
CILO 1-4Final Exam  (3 hours)50% 
CILO 1-4Exercises/Workshops10% 
CILO 1-4International investment game/project40% 

 Grading of Student Achievement:

Letter GradeGrade PointsGrade DefinitionsRemarks
A+
A
A-
4.3
4.0
3.7
ExcellentStrong evidence of firm grasp of the subject knowledge and achieving the stated CILOs
B+
B
B-
3.3
3.0
2.7
GoodSufficient evidence of achieving the stated CILOs
C+
C
C-
2.3
2.0
1.7
AdequateSome evidence of achieving the stated CILOs
D1.0MarginalMarginal familiarity with the subject knowledge
F0.0FailureLittle evidence of familiarity with the subject knowledge

 

Part III

Keyword Syllabus

International Financial Environment; Foreign Exchange Market; Forwards, Futures, Options on Foreign Currencies; Managing Economic Exposure; Managing Transaction Exposure; Foreign Direct Investment; Political Risk; International Capital Budgeting; International Company Valuation; Investing in Emerging Markets 

Related Links
Department of Economics and Finance