International Finance

2024/2025

Academic Year

ENG

Instruction in English

6

ECTS credits

Delivered by:

School of Finance

Type:

Elective course

When:

2 year, 1, 2 module

Instructors

Karamysheva, Madina

Kokurina, Aglaia

Pirogov, Nikita

Poduhovich, Dmitry

Course Syllabus

Abstract

Integration and globalization of the modern world require a deepunderstanding of international finance. This course focuses on explanationof up-to-date theories of international finance and on its practical realworld applications. Effective corporate decision making requires a deepunderstanding of the international financial markets, in particular\ thiscourse will cover foreign exchange markets and world capital markets.Moreover, hedging strategies and risk management are necessary for effectivefinancial management.*FES students should enroll in the groups:М_МФ_Г_796584_1М_МФ_Г_796584_2М_МФ_Г_796584_3М_МФ_Г_796584_4М_МФ_Г_796584_5.

Learning Objectives

• To build a theoretical framework of international finance questions
• To develop a practical guide for solving international finance problems
• To demonstrate the controversial issues of international finance through discussions and papers

Expected Learning Outcomes

• Understand how globalized world works
• To be able to approach and solve real-world international finance problems
• Understand controversial issues of international finance
• To know the theoretical framework of international finance issues

Course Contents

• Multinational Financial
• International Financial Markets
• International Capital Markets
• Multinational Capital Structure and Capital Budgeting
• Risk Management and Hedging
• Systemic Risk

Assessment Elements

• Participation
• Assignment
• Term paper and defense of your project
• Assignment (report)

Interim Assessment

• 2024/2025 2nd module
  0.45 * Term paper and defense of your project + 0.25 * Assignment + 0.15 * Assignment (report) + 0.075 * Participation + 0.075 * Participation

Bibliography

Recommended Core Bibliography

• Baker, H. K., & Riddick, L. A. (2013). International Finance : A Survey. Oxford: Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2096885
• Foundations of multinational financial management, Shapiro, A. C., 2009
• International finance : theory into practice, Sercu, P., 2009
• International financial management, Bekaert, G.J., 2014
• International financial management, Eun, C. S., 1998
• Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2015). International Finance: Theory and Policy, Global Edition (Vol. Tenth edition, Global edition). Harlow, Essex: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1419051
• Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2018). International Economics: Theory and Policy, Global Edition (Vol. Eleventh edition). New York: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1649946

Recommended Additional Bibliography

• Terra, C. (2015). Principles of International Finance and Open Economy Macroeconomics : Theories, Applications, and Policies. London: Academic Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1003163

Authors

• NEPRYAKHINA ULYANA VIKTOROVNA
• KARAMYSHEVA MADINA RINATOVNA