International Finance
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
VU Online
Prerequisites
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
Gain skills essential for working in the exciting and ever-changing field of international banking and finance through studying the International Finance unit.
You will:
- explore common international finance issues in the banking environment
- apply economics and finance theories to analyse problems and challenges in international financial environments.
You will develop an understanding of:
- current financial technological developments facing modern-day corporate financial managers
- the operation and management of cash flows generated in international operations and their associated risks for financial corporations
- the international banking environment and institutional structure.
To achieve work readiness, you will be engaged in a wide range of learner-centred activities that include:
- modelling solutions for complex international financial problems using industry-specific computer applications such as MS-Excel and EViews
- online discussions
- peer learning.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Critically analyse financial decisions of globally operated businesses regarding the functioning of the foreign exchange market and international financial market;
- Critically review new trends and developments in the international financial market system;
- Evaluate the financial risks faced by firms engaging in international business activities and apply appropriate management techniques to hedge various risk exposures;
- Advocate for and justify short-term and long-term investment, financial and cash management decisions with current and emerging financial instruments and products such as crypto currency and blockchain in a global context; and,
- Investigate, in an ethical, socially responsible and effective manner within a team, important and complex challenges that the international financial environment presents to modern day corporate financial managers.
Assessment
For Melbourne campuses
Assessment type: Test | Grade: 10%
Online in-class test - MCQ and short answer questions covering developments within the international financial system.
Assessment type: Case Study | Grade: 25%
Case study analysis on foreign exchange market, international arbitrage and application of international parity conditions
Assessment type: Report | Grade: 30%
Research report on foreign exchange market trends and their impact on managing a firm’s financial resources (Group)
Assessment type: Test | Grade: 35%
Problem based test on derivatives, foreign exchange risk management, foreign investment and financing decisions and country risk
Note: Any hand-held calculators may be used in examinations.
Other locations
Assessment type: Test | Grade: 20%
MCQ and short answer questions
Assessment type: Report | Grade: 30%
Research report on foreign exchange market trends and their impact on managing a firm’s financial resources (Group)
Assessment type: Examination | Grade: 50%
Problem based exam on derivatives, foreign exchange risk management, foreign investment and financing decisions and country risk
Note: Any hand-held calculators may be used in examinations.
Assessment type: Case Study | Grade: 20%
Analysis on foreign exchange market and international financial market
Assessment type: Report | Grade: 30%
Managing international business and financial risk using hedging,?cryptocurrency?and blockchain?
Assessment type: Presentation | Grade: 50%
International expansion decisions
Assessment 3 Presentation 50% is a secure assessment including Q&A.
Required reading
Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.
International financial management
Madura, J., Hoque, A., & Chandrasekhar, K. (2022). | (Asia-Pacific) Cengage Learning.
As part of a course
This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.