International Finance

Korea University

Course Description

  • Course Name

    International Finance

  • Host University

    Korea University

  • Location

    Seoul, South Korea

  • Area of Study

    Finance, Financial Management

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

    3
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    Overview

    In the first half of this course, we study international macroeconomics. Topics include the balance of payment accounting, the determination of exchange rate, the effects of macroeconomic policy on exchange rate, and the exchange rate system. This theoretical apparatus will provide you with the basic framework which is useful to understand how the world economy as ?international business environment? evolves.

    In the second half of this course, we move on to the topics of foreign exchange and derivative markets. Using the knowledge on financial derivatives, we further study how firms engage in various hedging activities to avoid foreign exchange risks.

    This course is quite analytical, and focuses on the concept rather than the case.

    Main Textbooks

    • Krugman, P., Obstfeld, M., and Melitz, M. International Economics: Theory and Policy (9th edition, Pearson, 2012)
    • Shapiro, A. C. Multinational Financial Management (9th edition, Wiley, 2010)

     

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.