Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Seminar
Module Offerings
6507AFYPC-JAN-PAR
Aims
1. To provide an international perspective to corporate finance.
2. To provide the student with an understanding of the nature and role of the exchange rate in finance and economics.
3. To increase awareness of market risk and the mechanisms available to mitigate this risk.
Learning Outcomes
1.
Appreciate the position of a corporation in the international markets.
2.
Use published market data in ‘real-world’ financial problems, especially focusing on FX markets in terms of risk taking as well as hedging risk exposures using appropriate strategies and instruments.
3.
Appreciate the country risks and their influence to Multinational Capital Structure decisions.
4.
Recognise the impact of the exchange rate on international portfolio analysis and international asset pricing. Incorporate the international risk into capital budgeting decisions
Module Content
Outline Syllabus:An introduction to multinational finance
World trade and the international monetary system
Foreign exchange and Eurocurrency markets
Basics of foreign exchange rates
International parity conditions
Multinational treasury management
Managing transaction exposure to currency risk
Managing operating exposure to currency risk
Foreign market entry and country risk management
Multinational capital structure and cost of capital
International portfolio diversification
International asset pricing
Multinational capital budgeting
Module Overview:
1. To provide an international perspective to corporate finance. 2. To provide the student with an understanding of the nature and role of the exchange rate in finance and economics. 3. To increase awareness of market risk and the mechanisms available to mitigate this risk. The module is concerned with the topic of international finance and provides students with a sound understanding of how international finance impacts on the organisation.
1. To provide an international perspective to corporate finance. 2. To provide the student with an understanding of the nature and role of the exchange rate in finance and economics. 3. To increase awareness of market risk and the mechanisms available to mitigate this risk. The module is concerned with the topic of international finance and provides students with a sound understanding of how international finance impacts on the organisation.
Additional Information:The module is concerned with the topic of international finance and provides students with a sound understanding of how international finance impacts on the organisation.
Assessments
Report
Exam