604.320 (17S) International Financial Instruments
Overview
- Lecturer
- Course title german International Financial Instruments
- Type Lecture
- Hours per Week 1.0
- ECTS credits 3.0
- Registrations 42
- Organisational unit
- Language of instruction English
- possible language(s) of the assessment English
- Course begins on 01.03.2017
- eLearning Go to Moodle course
Time and place
Course Information
Intended learning outcomes
This course provides an in-depth insight into the field of international financial management and how international finance managers identify, forecast and manage international foreign exchange risk. The course introduces students to international foreign exchange markets and exchange rate systems, types of corporate exposure to foreign exchange, methods of forecasting and methods of hedging and managing foreign exchange risks. Building on this, the course examines in detail international financial instruments used by financial managers including forward contracts, futures contracts, currency swaps, foreign currency bonds, and international stock markets. The course also introduces students to the sometimes difficult role financial managers have to assume in making hedging decisions and financial manager liability under modern corporate governance codes.
Teaching methodology including the use of eLearning tools
Lectures and in-class problem discussions to illustrate exactly how international financial instruments, particularly derivatives, are used by finance managers.
Course content
International Financial Management
Themen
- Introduction to foreign exchange markets and risks
- Introduction to currency systems
- International parity conditions and exchange rate determination
- Forecasting methods - technical and fundamental
- International capital markets - debt and equity financing in different currencies
- International corporate finance
- Foreign currency derivatives including futures, currency options and currency swaps
- Liability and decision making by international financial managers
Prior knowledge expected
Basic knowledge of economics and corporate financial management.
Literature
Bekaert/Hodrick: International Financial Management, Second Edition, Pearson, 2012, 978-0-13-284298-3.
Sonstige Studienbehelfe
Course materials: power point slides, on-line readings, in-class problems.
Examination information
Examination methodology
final written exam
Examination topic(s)
content of the course
Grading scheme
Grade / Grade grading schemePosition in the curriculum
- Master's degree programme International Management
(SKZ: 908, Version: 16W.1)
-
Subject: International Financial Management
(Compulsory subject)
-
International Financial Instruments (
0.0h VO / 3.0 ECTS)
- 604.320 International Financial Instruments (1.0h VO / 3.0 ECTS)
-
International Financial Instruments (
0.0h VO / 3.0 ECTS)
-
Subject: International Financial Management
(Compulsory subject)
- Master's degree programme International Management
(SKZ: 908, Version: 11W.2)
-
Subject: International Financial Management
(Compulsory subject)
-
3 International Financial Instruments (
0.0h VO / 3.0 ECTS)
- 604.320 International Financial Instruments (1.0h VO / 3.0 ECTS)
-
3 International Financial Instruments (
0.0h VO / 3.0 ECTS)
-
Subject: International Financial Management
(Compulsory subject)
Equivalent courses for counting the examination attempts
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Sommersemester 2024
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2023
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2022
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2021
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2020
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2019
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2018
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2016
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2015
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2014
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)
-
Sommersemester 2013
- 604.320 VO International Financial Instruments (1.0h / 3.0ECTS)