International Finance (IBP)

Universidad Pompeu Fabra

Course Description

  • Course Name

    International Finance (IBP)

  • Host University

    Universidad Pompeu Fabra

  • Location

    Barcelona, Spain

  • Area of Study

    Finance

  • Language Level

    Taught In English

  • Prerequisites

    International Finance (IBP Version) is the version of the course pertaining to the UPF International Business Certificate Program. Students wishing to obtain this certificate must enroll in the required core course, "International Management," and either "International Economics" or "International Finance." Students have the option of taking all three, however the UPF recommends that students only take either Economics or Finance, and not both, as the content is somewhat similar. Upon successful completion of the IBP courses, students will receive a certificate stating they participated and completed the UPF International Business Program.

    Students are welcome to take this class individually and apart from the International Business Program. As a solo course, it is recommended for someone with a more basic knowledge of Finance over the International Finance (GNMI Version - only offered Fall).

    Advised previous requirements: Finance.

    Hours & Credits

  • Contact Hours

    45
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    Course Overview
    This course aims to provide students with a good understanding of the financial decisions taken by managers at international firms. Case studies will be discussed to see why multinational companies take certain operational and strategic financial decisions, and currency risk management will be analysed. Derivative products and the foreign exchange market will be explained, with a focus on currency derivatives as a hedge. Finally, international payment methods, multinational cash management techniques and transfer prices will be analysed.

    Learning outcomes
    a) Assess and discuss the economic and financial diagnosis of multinational companies
    and take decisions in order to determine an action plan to solve any problems.
    b) Facilitate understanding of financial derivatives, such as forwards, futures, call and put options.
    c) Introduce basic foreign exchange market concepts.
    d) Understand how currency risk affects companies and how they can be hedged by
    means of currency derivatives.
    e) Introduce multinational cash management techniques such as netting systems, central
    depositories and transfer prices.

Course Disclaimer

Please note that there are no beginning level Spanish courses offered in this program.

Courses and course hours of instruction are subject to change.