Offered
Caulfield First semester 2008 (Day)
Caulfield First semester 2008 (Off-campus)
Caulfield Second semester 2008 (Evening)
Malaysia First semester 2008 (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
Within semester assessment: 40%
Examination (3 hours): 60%
Contact hours
3 hours per week
Prerequisites
AFF2401 or AFW2401
Prohibitions
AFW3331, AFX3871
