International Finance

Universidad Autónoma de Barcelona

Course Description

  • Course Name

    International Finance

  • Host University

    Universidad Autónoma de Barcelona

  • Location

    Barcelona, Spain

  • Area of Study

    Business, Finance, International Business

  • Language Level

    Taught In English

    Hours & Credits

  • Contact Hours

    45
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    INTRODUCTION:

    With the rapid globalization of the world economy, the managers of a firm have to understand that their decisions will be greatly influenced by variables such as exchange rate policies, trade policies, and international accounting standards.

    The objective of the International Finance course is to understand globalisation and the risks involved and to appreciate the problems of  he corporate finance manager and the solutions available to him or her in this increasingly uncertain environment.

    This course will focus on three main areas of international finance:
    1. Key economic theories,
    2. The main financial instruments for risk management
    3. Exchange risk management

     

    REQUIREMENTS:

         - Fluent in English

     

    LEARNING OUTCOMES:

    1. Understand the environment and factors associated with foreign exchange rate determination.

    2. Demonstrate knowledge of foreign exchange terminology.

    3. Demonstrate knowledge of the various forms of financial instruments available for foreign exchange risk management.

    4. Understand key economic theories that underlie the foundation of foreign exchange risk management.

    5. Demonstrate knowledge of basic strategies and techniques associated with foreign exchange risk management.

     

    CONTENTS:

    1. Introduction to International Finance

    2. The Determination of Exchange Rates

    3. The Balance of Payments

    4. The Foreign Exchange Market

    5. The International Monetary System

    6. Parity Conditions in International Finance

    7. Currency Futures

    8. Currency Options

    9. Interest Rate and Currency Swaps

    10. Translation Exposure

    11. Transaction Exposure

    12. Economic Exposurw