AFF3331 - International banking and finance

Leader: Dr Victor Fang

Offered

Caulfield First semester 2007 (Day)
Caulfield First semester 2007 (Off-campus)
Caulfield Second semester 2007 (Evening)
Malaysia First semester 2007 (Off-campus)

Synopsis

The international monetary system, the international parity conditions, the foreign exchange market, international financing strategies and techniques, the Euromarkets, and multinational banking.

Objectives

The learning objectives of this unit are to:

• explain the parity principles and the concept of arbitrage in international financial markets;
• explain how currency derivative contracts such as forwards, futures, options and swaps can be used to hedge in the foreign exchange markets;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with international banking and finance.

Assessment

On-Campus - Assignment: 30%
Class test: 10%
Examination (3 hours): 60%
Distance Learning - Assignments: 40%
Examination (3 hours): 60%

Contact hours

3 hours per week

Prerequisites

AFF2401

Prohibitions

AFW3331