course-details-portlet

AE512116 - International Business Finance

About

Lessons are not given in the academic year 2021/2022

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: Four to six compulsory assignments with oral presentations throughout the semester which give access to the 3 hours written school exam.

Compulsory assignments

  • Mandatory attendance lecturs

Further on evaluation

Mandatory attendance lectures. Four to six assignments in International Business Finance counting for 40%. A three hours written school exam counting for 60%.

Portfolio assignments: Both the home exam and the portfolio must be passed to pass the course.

No resit possible for ongoing group assessment and individual written school exam. Students who have legitimate reasons for an absence or have failed, must retake both exam elements at next ordinary spring semester.

Specific conditions

Required previous knowledge

As for the study programme / Bachelor i Business Administration or equivalent international degree. 

Course materials

Multinational Business Finance, Global Edition (14th edition)

David Eiteman , Arthur Stonehill og Michael Moffett

More on the course

No

Facts

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

Coursework

No

Language of instruction: English

Location: Ålesund

Subject area(s)
  • Economics and Administration
Contact information

Department with academic responsibility
Department of International Business

Examination

  • * 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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