International Financial Management

Course Code :2111TEWFIN
Study domain:Finance
Academic year:2018-2019
Semester:1st semester
Contact hours:60
Credits:6
Study load (hours):168
Contract restrictions: No contract restriction
Language of instruction:English
Exam period:exam in the 1st semester
Lecturer(s)Peter-Jan Engelen

3. Course contents *

In this course, we focus on managerial finance from an international perspective. Firms operate and compete internationally and have to adapt to a rapidly changing environment.  In this course, we cover three main issues in financial analysis.First, we investigate the institutional and operational characteristics of international financial markets. We provide an overview of the international financial system and its main players, as well as a framework of international parity conditions to enable a deeper understanding of currency risk. Second, we analyze different financial instruments and strategies that firms can use to cope with currency risk. Hereby, we introduce currency swaps, options and futures. Third, we focus on more general financial and non-financial MNC strategies with respect to foreign market entry and cross-border investments, capital budgeting, and capital structure which play a role in the valuation and structure of MNCs.