course-details-portlet

AE512116 - International Business Finance

About

Examination arrangement

Examination arrangement: Written examination and Work
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
work 25/100
Written examination 75/100 4 hours D

Course content

- Global Financial Environment
- Foreign Exchange Theory
- The Foreign Exchange Market and Derivatives
- Foreign Exchange Exposure
- Financing the Global Firm with extensions to Norwegian credit arrangements
- International Portfolio Management
- Political Risk
- Multinational Investment Analysis

Learning outcome

Knowledge:
- be competent in using the terminology of the field international business finance
- general understandig of international parity relationships.
- have in-depth knowledge of foreign currency risk instruments
- evaluate the use of metodologies for varing currency risk situations: transacstions, operations and translation.

After the course the students will have a general understanding of foreign currency markets, currency risks, financing multinational entities and understanding international portfolio analysis and evaluate political risk.

The students will have an extended understanding of the foreign exchange market with risk instruments.

Students will be able to evaluate expectation hypothesis of spot versus futures exchange rates.

Skills:
- the students will get an extended knowledge of international parity theory and expectations/understanding of strong/weak currencies
- the students will be able to methodologies for quantification and management of currency risk
- the students will learn how to use methodologies to control currency risk for export/import companies
- the students will contral transaction, operational and accounting risk.
- the students will be able to understand and show extensions to international portfolio analysis
- the students will be able to complete an international investment analysis.

Competence:
- be able to use general parity theory for strong/weak currencies and to test currency expectation hypotheses
- to evaluate currency risk in a larger business/economic professional perspective
- be able use currency risk instruments for the daily corporate management 
- understand currency risk as an important of every enterprise strategic planning

Learning methods and activities

Teaching methods:
Faculty lectures and guest lectures.

Compulsory Activities:
Two compulsory assignments with oral presentations throughout the semester which give access to the 4 hours written school exam.

Previously approved mandatory assignments do not need to be handed in again for exams the following year.

Compulsory assignments

  • Two Cases

Further on evaluation

Case in International Business Finance counting for 25%.
A four hours written school exam counting for 75%.
Permitted examination aids:
Collection og formulas

Students are entitled to re-sit only the part of the examination in which they have had legitimate reasons for an absence or have failed.A re-sit examination will take place only during the designated period for re-sit examinations.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Economics (MSØK)
Economics and Business Administration (ØAMSC)
Entrepreneurship (MENTRE)
Financial Economics (MFINØK)
Industrial Economics and Technology Management (MTIØT)
International Business and Marketing (860MIB)

Required previous knowledge

This course is only available to students who have been admitted to the following programmes:

- Master in International Business and Marketing, at Department of International Business (NTNU Aalesund) 
- Master in Business Administration, at Trondheim Business School (NTNU Trondheim)
- Master in Financial Economics, and Master in Economics, at Department of Economics (NTNU Trondheim)
- Master in Entrepreneurship, and Master in Industrial Economics and Technology Management, at Department of Industrial Economics and Technology Management (NTNU Trondheim)

Course materials

To be announced at semester start.

More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  SPRING 2021

Language of instruction: English

Location: Ålesund

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of International Business

Phone:

Examination

Examination arrangement: Written examination and Work

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn UTS work 25/100
Room Building Number of candidates
Spring ORD work 25/100
Room Building Number of candidates
Autumn UTS Written examination 75/100 D
Room Building Number of candidates
Spring ORD Written examination 75/100 D
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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