Course Title : European & International Finance
Department : Finance/control
Code : HFC 102
Semester : 1 Duration : 45 hours
Core course		 ECTS credits : 6
Language of instruction : English
Lecturer André Cabannes (andre.cabannes@gmail.com)
Aims Provide an overview of international commerce and finance, with a historical perspective from the age of the great discoveries to today's world order.

Present the management of the finance function from the perspective of the chief financial officer of a multinational corporation.




Major topics I. INTRODUCTION.

1. Introduction to International Business Finance.

II. THE GLOBAL BUSINESS FINANCE ENVIRONMENT.

2. The International Monetary System and the Balance of Payments.
3. The Foreign Exchange Market, Forecasting Exchange Rates, and Parity Relationships.
4. The Management of Foreign Exchange Rate Exposure.
5. Political Risk in Global Financial Management.

III. PLANNING FOR FOREIGN INVESTMENT AND OPERATIONS.

6. Foreign Direct Investment.
7. Long-Term Capital Management.
8. Planning and Organization of the International Finance Function.

IV. THE ROLE OF BANKS IN GLOBAL FINANCE.

9. International Banking: Its Environment and Role.
10. International Banking: Major Functions of International Banks.

V. INVENTORY OF INTERNATIONAL FINANCIAL RESOURCES.

11. Non-Bank Financial Institutions in Global Finance.
12. International Financial Markets.
13. International Derivatives: Exchange-Traded.
14. International Derivatives: Nonexchange Traded.

Bibliography Text : International Finance: Management, Markets, and Institutions, 1/e - James C. Baker, Kent State University Copyright 1998, 538 pp. Paper format ISBN 0-02-305891-9
Teaching methods Lectures
Discussions
Assessment methods Continual assessment : 50%
Final project : 50%
Prerequisite Good English Language skills.