Finance for International Business

Queensland University of Technology

Course Description

  • Course Name

    Finance for International Business

  • Host University

    Queensland University of Technology

  • Location

    Brisbane, Australia

  • Area of Study

    Finance, Financial Management, International Business

  • Language Level

    Taught In English

  • Prerequisites

    (BSB119 or CTB119 or BSB116) and (BSB113 or CTB113)

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

    12
  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    Synopsis:
    In this unit students analyse the ways that international operations and performance of businesses can be put at risk by changing financial and regulatory conditions across borders and determine how best to manage the exposure to this risk. This unit examines the following: the evolution of the international financial system; the foreign exchange market; the types of foreign exchange rate exposures; managing exchange; translation and consolidation risks; assessing foreign direct investment targets; comparing the performance of foreign affiliates; operations exposure to regulatory risk of tax; investment evaluation and policy changes; country risk assessment and managing country risk exposure.
    Learning Outcomes
    Upon completion of this unit, you should be able to:
    1. Use theoretical frameworks for analysing and assessing the financial matters of the international firm;
    2. Identify and analyse the factors that affect risk and foreign exchange exposure when undertaking international financial transactions;
    3. Evaluate the operations and impacts of the foreign exchange market and its instruments;
    4. Analyse and compare foreign investment opportunities, assess their viability and make recommendations to inform sound investment decision making; and
    5. Use technological and technical skills to assess foreign exchange impacts on international transactions and settlements and for numerical analysis and interpretation.
    Content
    This unit covers a variety of topics that deal with a number of issues including: an introduction to the international payments system, the operation of the foreign exchange markets, specific instruments such as the forward and futures market used for payments of financial obligations, country risk analysis and multinational business payment and investment exposures.
    Approaches to Teaching and Learning
    This unit will be primarily delivered in the format of three hours class contact; a two hour lecture block followed by an hour's workshop period. This unit is designed to advance the students' level of critical enquiry and to encourage participation in critical analysis of kwy issues All lectures and worshop exercises are posted on the unit's Blackboard site. Instructions for use and access to the Blackboard site are presented in Lecture One.
    Workshops form an integral component of this unit and students are expected to attend and participate. Cooperation and active learning are the key strategies in this unit.
    Assessment
    Assessment name: Assignment
    Description: The assignment involves researching an international business investment prospect using methods discussed in the course to assess the viability of an investment at country level.
    Length/Duration:1,500 words maximum
    Formative or Summative: Formative and Summative
    Relates to objectives: 1, 4, 5
    Weight: 30
    Internal or external: Internal
    Group or individual: Individual
    Due date: Week 8
    Assessment name: Workshop
    Description: The workshops involve group discussions of individually prepared answers to weekly questions. Students are assessed on the quality of their answers and attendant discussions over the duration of the semester. Students will be assessed on their best 10 out of the 12 workshops.
    Length/Duration: 12 x 1-hour workshops + private/group preparation time
    Formative or Summative: Formative and Summative
    Relates to objectives: 1, 3 and 4
    Weight: 20
    Internal or external: Internal
    Group or individual: Individual
    Due date: Weeks 2 to 13
    Assessment name: End of Semester Examination
    Description: The exam tests definitions, financial concepts, and the application of theory to international financing of trade and investment and is drawn from the material covered in lectures and tutorials.
    Length/Duration: 2 hours + 10 minutes perusal
    Formative or Summative: Summative
    Relates to objectives: 1, 2, 3 and 5
    Weight: 50
    Internal or external: Internal
    Group or individual: Individual
    Due date: Central exam period

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.