LBUSI5107 International Financial Management Course Descriptor subject to approval

Course Overview

This course engages students with the building blocks of our financial systems, enabling a deeper understanding of cross-border transactions, regulation, and incentives. The discussion of international financial markets includes the balance of payments, the history of the international monetary system, exchange-rate determination, foreign-exchange-exposure hedging strategies, and international capital markets.

Understanding these topics will enable students to consider how the financial strategies and policies of multinational corporations differ from domestic corporations, and how financial management is utilized in an international setting to achieve corporate goals. The aim of the course is to develop an understanding of the challenges and opportunities facing the financial manager in a global economy, and to provide the fundamental skills and techniques needed for the financial management of multinational firms.

The aim of the course is to develop an understanding of the challenges and opportunities facing the financial manager in a global economy, and to provide the fundamental skills and techniques needed for the financial management of multinational firms.

Learning Outcomes

On successful completion of the course, students will be able to:

Knowledge and Understanding

Subject Specific Skills

Transferable and Professional Skills

Teaching and Learning

Teaching and learning strategies for this course will include: 

A minimum of 36 contact hours, typically to include interactive group teaching, co-curriculars, individual meetings, in-class presentations and exams.

Course information and supplementary materials are available on the University’s Virtual Learning Environment (VLE).

Students will receive individualised developmental feedback on their work for this course.

Students are required to attend and participate in all the formal and timetabled sessions for this course. Students are also expected to manage their directed learning and independent study in support of the course.

Assessment

Both formative and summative assessment are used as part of this course, with purely formative opportunities typically embedded within interactive teaching sessions, office hours, and/or the VLE.

Summative

Further information can be found in the Course Syllabus.

Feedback

Students will receive formative and summative feedback in a variety of ways, written (e.g. marked up on assignments, through email or the VLE) or oral (e.g. as part of interactive teaching sessions or in office hours). 

Indicative Reading

Note: Comprehensive and current reading lists for courses are produced annually in the Course Syllabus or other documentation provided to students; the indicative reading list provided below is used as part of the approval/modification process only.

Books

• Course textbook: Madura, Jeff (2020) International Financial Management, 14th ed, Cengage Learning.

Journals

Selected articles from:

Electronic Resources

• The Financial Times
• The Wall Street Journal
• The Economist
• Bloomberg News

Indicative Topics

Students will study the following topics:

• Multinational financial management
• International financial markets
• Exchange rate determination and currency derivatives
• Exchange rate behaviour
• Exchange rate risk management
• Long term asset and liability management

Version History