Course Description
The objective of the course is to provide a conceptual framework within which the key financial decisions of multinational company can be analyzed. It builds on and extends the principles provided by domestic corporate finance. In addition to the traditional areas of financial management, other decision elements that are peculiar to multinational firm will be discussed. These elements include multiple currencies with frequent exchange rate changes, multiple money markets, economic exposure measurement and management, segmented capital markets, and country risk.
Intended Learning Outcomes
1. Understand the evolution of the international monetary system.
2. Explain the function and structure of the foreign exchange market.
3. Demonstrate the understanding of international parity condition and exchange rate determination.
4. Identify the function and importance of the international capital markets and institutions.
5. Measure and manage various types of foreign exchange exposure.