Master
2023/2024
International Finance
Type:
Elective course (Financial Markets and Institutions)
Area of studies:
Finance and Credit
Delivered by:
School of Finance
Where:
Faculty of Economic Sciences
When:
2 year, 1, 2 module
Mode of studies:
distance learning
Online hours:
6
Open to:
students of all HSE University campuses
Master’s programme:
Financial Markets and Financial Institutions
Language:
English
ECTS credits:
6
Contact hours:
40
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
- Assignment 1
- Group Project/Presentations
- Term paper and defense of your project
- Assignment 2
- Assignment 3
- Inclass quizzes
- Inclass participation
Interim Assessment
- 2023/2024 2nd module0.3 * Term paper and defense of your project + 0.15 * Assignment 1 + 0.15 * Assignment 2 + 0.1 * Assignment 3 + 0.15 * Group Project/Presentations + 0.05 * Inclass participation + 0.05 * Inclass participation + 0.025 * Inclass quizzes + 0.025 * Inclass quizzes
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