AFC3240 - International finance

Leader: Dr Ting Yean Tan

Offered

Clayton Second semester 2007 (Day)

Synopsis

Topics include the international financial system, institutions and market practices; international finance theorems and their application; Euromarkets; international debt and equity raising; measurement of foreign exchange risk; managing foreign exchange exposure; foreign currency futures, options and swaps, international portfolio investment and capital budgeting and international trade finance.

Objectives

The learning objectives of this unit are to:

• describe the nature and benefits of globalisation and international markets integration;
• critically evaluate fundamental theories which underpin international finance;
• identify the implications of these theories when firms are engaged in international operations;
• analyse the role and functioning of international financial markets;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with international finance.

Assessment

Written (1000 words): 10%
Mid-semester test (50 mins): 20%
Examination (3 hours): 70%

Contact hours

Two 1-hour lectures and one 1-hour tutorial per week

Prerequisites

AFC2140