International Finance

The American Business School Paris

Course Description

  • Course Name

    International Finance

  • Host University

    The American Business School Paris

  • Location

    Paris, France

  • Area of Study

    Finance, International Business

  • Language Level

    Taught In English

  • Prerequisites

    FINC 215 or its equivalent

  • 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

  • US Credits

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

    COURSE DESCRIPTION :
    The course is a study of the global financial environment from the point of view of the multinational enterprise. The course covers the global financial environment, foreign exchange theory and markets, foreign exchange exposure and the financing of the global firm. With the rapid globalization of the world economy, the managers of a firm have to understand that their decisions will be greatly influenced by variables such as exchange rate policies, trade policies, international accounting standards, etc. The goal of this course is to help students understand how the managers of a firm function in this increasingly uncertain environment. This course will focus on four main areas of international finance: (1) key economic theories, (2) financial instruments for risk management, (3) exchange risk management, and (4) international financing and investment issues

    INSTRUCTIONAL METHODOLOGY :
    The course consists of class lectures, individual/group case analysis presentations and tests. Will be covered in class :
    - Corporate ownership and international financial challenges
    - International monetary system
    - Balance of Payments
    - Foreign currency markets
    - International parity conditions, pass-through
    - Currency derivatives
    - Interest rate risk and hedging
    - Transaction, operational and translation exposure and hedging
    - Raising debt and equity in international markets

    TEXTBOOK:
    Eiteman/Stonehill/Moffett, Multinational Business Finance

    EVALUATION:
    The final grade will be made up of a class participation (20%), 2 mid-terms (25% each), a final examination (40%).

Course Disclaimer

Courses and course hours of instruction are subject to change.