units

BFF2341

Faculty of Business and Economics

18 September 2017 22 November 2024

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Business and Economics

Organisational Unit

Department of Banking and Finance

Coordinator(s)

Dr Abey Gunasakerage (Caulfield
Associate Professor Elaine Hutson (City)

Offered

Caulfield

  • First semester 2016 (Day)

City (Melbourne)

  • Trimester A 2016 (Day)
  • Trimester B 2016 (Day)
  • Trimester C 2016 (Day)

Synopsis

Topics covered include multinational firms and globalisation; foreign direct investment; political risk; foreign exchange markets; currency derivatives (currency options and forward contracts); measuring and managing transaction exposure; cost of capital and capital structure for multinational firms; fundamentals of capital budgeting; international capital budgeting and exchange rate effects; international cash management; transfer pricing and international tax strategies.

Outcomes

The learning goals associated with this unit are to:

  1. discuss the international financial environment and the importance of foreign exchange risk management
  2. discuss important financial management issues and their application to financial management of multinational firms
  3. discuss foreign exchange market mechanisms and explain how markets can be used to hedge foreign currency transaction exposure
  4. apply capital budgeting techniques in the context of a multinational firm
  5. apply critical thinking, problem solving and presentation skills to individual activities dealing with international financial management and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFF2341.

Assessment

Within semester assessment: 40% & Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Dr Abey Gunasakerage (Caulfield)
Associate Professor Elaine Hutson (City)

Prohibitions

AFC3240, BFC3240, AFF3331, BFF3331, AFW2341, BFW2341, AFW3331, BFW3331, AFF2341