Offered
Gippsland Second semester 2008 (Off-campus)
Sunway Second semester 2008 (Day)
Peninsula Second semester 2008 (Day)
Synopsis
Multinational firm and economic globalisation; foreign direct investment; political risk; foreign exchange market mechanism; currency options; foreign exchange exposure; cost of capital and capital structure for multinational firms; multinational capital budgeting; international portfolio diversification; multinational cash management; managing receivables and inventories; transfer pricing and international tax strategies.
Objectives
The learning objectives of this unit are to:
- discuss financial management concepts for a multinational firm;
- explain how markets can be used to hedge foreign exchange exposures;
- apply capital budgeting techniques in the context of a multinational firm;
- apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with international financial management.
Assessment
Within semester assessment: 40%
Examination (2 hours): 60%
Contact hours
3 hours per week
Prohibitions
AFC3240
