Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be able to assess the theory of international parity conditions; appreciate the valuation of currency options; understand the theory of interest rate parity; derive measurements to the three types of exposure; manage these three types of exposure; understand the various influences on optimum financial structure and cost of capital; appreciate direct foreign investment; assess political risk; evaluate the capital budgeting process; manage the firm's working capital; understand trade financing techniques.
Synopsis Lectures on the topics listed above with reference to textbooks as well as refereed journal articles.
Assessment Two assignments (2000-3000 words): 25% each + Examination (3 hours): 50%