Master
2024/2025
International Finance
Type:
Elective course (Strategic Corporate Finance)
Area of studies:
Finance and Credit
Delivered by:
School of Finance
Where:
Faculty of Economic Sciences
When:
1 year, 1, 2 module
Mode of studies:
offline
Open to:
students of all HSE University campuses
Master’s programme:
Strategic Corporate Finance
Language:
English
ECTS credits:
6
Contact hours:
40
Course Syllabus
Abstract
Integration and globalization of the modern world require a deep
understanding of international finance. This course focuses on explanation
of up-to-date theories of international finance and on its practical real
world applications. Effective corporate decision making requires a deep
understanding of the international financial markets, in particular\ this
course will cover foreign exchange markets and world capital markets.
Moreover, hedging strategies and risk management are necessary for effective
financial management.
*FES students should enroll in the groups:
М_МФ_Г_796584_1
М_МФ_Г_796584_2
М_МФ_Г_796584_3
М_МФ_Г_796584_4
М_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 module0.45 * 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