International Corporate Finance

Faculty of Business Management and Social Sciences

Version 7.0 of 10/12/2017

22M0484

International Corporate Finance

International Business and Management (Master) (M.A.)

4

• Part 1: THE INTERNATIONAL FINANCIAL ENVIRONMENT.
• 1. Multinational Financial Management: An Overview.
• 2. International Financial Markets.
  
  Part 2: EXCHANGE RATE BEHAVIOR.
• 3. Government Influence on Exchange Rates.
• 4. International Arbitrage and Interest Rate Parity.
• 5. Relationships among Inflation, Interest Rates, and Exchange Rates.
  
  Part 3: EXCHANGE RATE RISK MANAGEMENT.
• 6. Forecasting Exchange Rates.
• 7. Measuring Exposure to Exchange Rate Fluctuations.
• 8. Managing Transaction Exposure.
• 9. Managing Economic Exposure and Translation Exposure.
  
  Part 4: LONG-TERM ASSET AND LIABILITY MANAGEMENT.
• 10. Direct Foreign Investment.
• 11. Multinational Capital Budgeting.
• 12. Multinational Cost of Capital and Capital Structure.

Knowledge Broadening
Students who successfully complete this module are are familiarizes with the international financial environment, exchange rate behavior and exchange rate risk management.
Knowledge Deepening

Instrumental Skills and Competences

Communicative Skills and Competences

Systemic Skills and Competences

LecturesSmall group workPresentation of group workCase studies

Fundamental principles of financial management (Bachelor)Basic mathematics (intermediate secondary school level

Seppelfricke, Peter

Seppelfricke, Peter

5

Eiteman, D. K. / Stonehill, A. I. / Moffett, M. H., 2004, Multinational Business Finance, 10th Ed., Reading et. al.

Gandolfo, G., International Finance and Open-Economy Macroeconomics, Springer, 2. Aufage, 2002.

Melvin, M., International Money and Finance, Addison Weslay, 7. Auflage, 2003.

Butler, Kirt Charles: Multinational finance, 3. ed. - Mason, Ohio [u.a.]: Thomson/South-Western, 2004.

Brealey/Myers: Principles of Corporate Finance, 7. Aufl., New York 2003.

Fabozzi, Frank J./ Modigliani, Franco: Capital Markets, Institutions and Instruments, 3. int. Aufl., New Jersey: Prentice Hall, 2003.

• Two-Hour Written Examination
• Homework / Assignment
• Placement Report

2-hour written examination

1 Term

Only Summer Term

English