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Regular version of the site
Master 2023/2024

International Finance

Type: Elective course (Economics and Economic Policy)
Area of studies: Economics
Delivered by: School of Finance
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: Economics and Economic policy
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

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

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

Course Contents

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

Assessment Elements

  • non-blocking Assignment 1
  • non-blocking Group Project/Presentations
  • non-blocking Term paper and defense of your project
  • non-blocking Assignment 2
  • non-blocking Assignment 3
  • non-blocking Inclass quizzes
  • non-blocking Inclass participation
Interim Assessment

Interim Assessment

  • 2023/2024 2nd module
    0.3 * 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

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

  • KARAMYSHEVA MADINA RINATOVNA