Introduction to the Course

Students taking this elective course should expect to learn the nature and purposes of financial management in the international context. They will learn, through hands-on case studies and simulations, how to judge the riskiness of a currency from a firm's perspective, and how to measure and manage the company's exposure to exchange rate and international interest rate risks. They will discover how companies use banks, markets such as the Eurobond and currency option markets, and techniques such as currency swaps and hybrid bond structures. In the end, the goal is to apply state-of-the-art techniques to the international firm's investment, financing and risk management decisions.

Course Objectives

Upon successful completion of this module, students will be able to:

1. To provide understanding on forex markets, instruments, exposures and risk
   
2. To Analyze instruments for short term and long term funding
   
3. To understand the concept of International Project Appraisal
   
4. To introduce difference between trade and trade finance
   
5. To develop an insight into how companies settle their cross border commercial activities
   
6. To familiarize students to cross border commercial documents
   
7. To introduce to trade finance solutions