fin5ifm international financial management

INTERNATIONAL FINANCIAL MANAGEMENT

FIN5IFM

2020

Credit points: 15

Subject outline

In this subject, you will develop an understanding of the structure and operation of the international financial system, including an understanding of the process via which exchange rates are derived. You will also develop a thorough knowledge and understanding of the logic and relevance of the four major international parity conditions: Purchasing Power Parity; Interest Rate Parity; International Fisher Effect; and Foreign Exchange Expectation. Based on the theoretical foundation and empirical evidence, you will evaluate the relative merits and the risks associated with financing and investment decisions in a global economic setting.

SchoolLa Trobe Business School (Pre 2022)

Credit points15

Subject Co-ordinatorVan Vu

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 5 - Masters

Available as ElectiveNo

Learning ActivitiesN/A

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Learning resources

Global investments

Resource TypeBook

Resource RequirementPrescribed

AuthorSolnik B., & D.McLeavey

YearN/A

Edition/Volume6th Edition

PublisherPEARSON - PRENTICE HALL

ISBNN/A

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

COMMUNICATION - Cultural Intelligence and Global Perspective
DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Analyse currency exchange rates
02. Discuss foreign exchange fundamentals; in particular the balance of payments, exchange rate regimes, and international parity relations and their implications. Discuss exchange rate determination theories and their potential implications.
03. Discuss the evolution of international monetary arrangements, the empirical evidence on the various parity conditions, and the analysis of exchange rate forecasting and its use and performance.
04. Explain and discuss the international asset pricing model (ICAPM), in particular, discuss the relation between exchange rates and asset prices.
05. Evaluate the implications of international diversification and discuss risk and return in international investment.
06. Discuss the management of foreign exchange risk.

Subject options

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Start date between: and    Key dates

Melbourne (Bundoora), 2020, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorVan Vu

Class requirements

LectureWeek: 31 - 43
One 2.00 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

TutorialWeek: 32 - 43
One 1.00 hour tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual AssignmentEquivalent to 2000 words

N/AN/AN/ANo30SILO1, SILO5, SILO6

One hour formative examinationEquivalent to 1000 words

N/AN/AN/ANo10SILO1, SILO2, SILO3, SILO4

Two hour final examinationHurdle requirement: Students must achieve at least 50% in the final examination as well as a minimum of 50% in the sum of the marks for all assessment tasks to pass the subject

N/AN/AN/AYes50SILO1, SILO2, SILO3, SILO4, SILO5, SILO6

Online and/or in-class formative assessment tasksEquivalent to 500 words

N/AN/AN/ANo10SILO1, SILO2, SILO3, SILO4, SILO5, SILO6

Sydney, 2020, Study period 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorVan Vu

Class requirements

LectureWeek: 31 - 42
One 2.00 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

TutorialWeek: 32 - 42
One 1.00 hour tutorial per week on weekdays during the day from week 32 to week 42 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual AssignmentEquivalent to 2000 words

N/AN/AN/ANo30SILO1, SILO5, SILO6

One hour formative examinationEquivalent to 1000 words

N/AN/AN/ANo10SILO1, SILO2, SILO3, SILO4

Two hour final examinationHurdle requirement: Students must achieve at least 50% in the final examination as well as a minimum of 50% in the sum of the marks for all assessment tasks to pass the subject

N/AN/AN/AYes50SILO1, SILO2, SILO3, SILO4, SILO5, SILO6

Online and/or in-class formative assessment tasksEquivalent to 500 words

N/AN/AN/ANo10SILO1, SILO2, SILO3, SILO4, SILO5, SILO6

Sydney, 2020, Study period 3, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorVan Vu

Class requirements

LectureWeek: 46 - 0
One 2.00 hours lecture per week on weekdays during the day from week 46 to week 0 and delivered via face-to-face.

TutorialWeek: 47 - 0
One 1.00 hour tutorial per week on weekdays during the day from week 47 to week 0 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual AssignmentEquivalent to 2000 words

N/AN/AN/ANo30SILO1, SILO5, SILO6

One hour formative examinationEquivalent to 1000 words

N/AN/AN/ANo10SILO1, SILO2, SILO3, SILO4

Two hour final examinationHurdle requirement: Students must achieve at least 50% in the final examination as well as a minimum of 50% in the sum of the marks for all assessment tasks to pass the subject

N/AN/AN/AYes50SILO1, SILO2, SILO3, SILO4, SILO5, SILO6

Online and/or in-class formative assessment tasksEquivalent to 500 words

N/AN/AN/ANo10SILO1, SILO2, SILO3, SILO4, SILO5, SILO6