AFF5221

Currency and exposure management ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Dr Kok Fai Phoon

Offered:
Caulfield First semester 2006 (Day)
Caulfield Second semester 2006 (Evening)

Synopsis: Topics include international financial environment, the role of arbitrage theory and purchasing power parity theory, foreign exchange mechanics, volatility measurement foreign exchange risk identification, measurement and hedging by internal/external methods, active management and return enhancement strategies, and foreign exchange management performance measurement, forecasting and models of exchange rate determination.

Assessment: Assignments and coursework: 50% + Examination (3 hours): 50%.

Contact Hours: 3 hours per week

Prerequisites: AFX9641 or AFF9250 or MBA 9005 or students enrolled in Course 0571, or 3818

Prohibitions: AFF4210