International Finance

Unit code: BAO2007 | Study level: Undergraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
City Campus
Prerequisites
N/A
Overview
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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:

  1. Critically analyse financial decisions of globally operated businesses regarding the functioning of the foreign exchange market and international financial market;
  2. Critically review new trends and developments in the international financial market system;
  3. Evaluate the financial risks faced by firms engaging in international business activities and apply appropriate management techniques to hedge various risk exposures;
  4. 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,
  5. 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

For students studying at Liaoning University
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.

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.

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