The global economy and its financing is changing fast and under high uncertainty. While the flow of payments and investments across borders are continuously increasing dramatically, so has the volatility of the exchange rates and of the interest rate. How do these affect all kind of businesses, companies engaged in imports and exports, and domestic companies facing competition? What can a manager or an entrepreneur facing such issues do in order to limit his/her foreign exchange exposure and interest rates risk?
The approach is to treat International Finance as a natural and logical extension of the principles learned in the foundation course of Financial Management.
The International Finance course is aiming to accustom students with exchange rates theory and practice, financial derivatives agreements like futures, forwards, swaps and options, teaching them how to evaluate exchange rate risk and interest risk exposure, and the corresponding hedging tools against those risks, in order to insure proper management over their companies, with their assets and financials.
The course will be taught as a combination of short lectures, examples presentation, exercises and cases study working groups.