Course detail
International Finance
FP-ifPAcad. year: 2014/2015
The course focuses on and discusses the following topics:
Content of international finance
Balance of Payments
The history and evolution of the international monetary system
Exchange rate regimes
International financial institutions
Introduction to multinational corporate management
Financing multinational corporation
Foreign investment a investment strategies of multinational corporations
Capital structure of a multinational firm and multinational capital budgeting
Exchange rate exposure management
Taxes and multinational business strategy
Current issues in international finance
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Skills: students evaluate the current state and expected trends of development regarding international financial system, identify risk affecting a particular type of business. Students assess foreign investment options and determine an optimal way of finance.
Capabilities: students independently search for solutions of assigned problems from the field of international finance, organize cooperation in team and present the results of joint activities. Opinions on issues regarding international finance, as well as conslusions derived from individual and team tasks, they formulate in a clear way and support by reasons based on facts.
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
Examination requirements: knowledge of subject and its practical applications. Form of examination is oral. Examination is classified according to ECTS.
Course curriculum
Balance of Payments
The history and evolution of the international monetary system
Exchange rate regimes
European Monetary Union
International financial institutions
Introduction to multinational corporate management
Financing multinational corporation
Foreign investment a investment strategies of multinational corporations
Capital structure of a multinational firm and multinational capital budgeting
Exchange rate exposure management
Taxes and multinational business strategy
Current issues in international finance
Work placements
Aims
The objective of the course is to get to know and understand: the organization and structure of international financial system, current trends in international financial system development, features of management of multinational corporations, framework conditions for financing in international environment.
Specification of controlled education, way of implementation and compensation for absences
Results of independent work on assigned tasks are controlled by the teacher.
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Recommended reading
MORRISON, J. The international business environment: global and local marketplaces in a changing world. Houndmills, Basingstoke, Hampshire, New York: Palgrave Macmillan, 2006. ISBN 978-1-4039-3691-2. (EN)
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
The history and evolution of the international monetary system
Exchange rate regimes
European Monetary Union - evolution and current issues
International financial institutions
Introduction to multinational corporate management
Financing multinational corporation I. - terms of trade, payment methods and instruments
Financing multinational corporation II. - export credit agencies, forms of international trade and investment finance
Foreign investment a investment strategies of multinational corporations; capital structure of a multinational firm and multinational capital budgeting
Exchange rate exposure management
Taxes and multinational business strategy
Current issues in international finance
Exercise
Teacher / Lecturer
Syllabus
Topics
Analysis of CR´s specified balance of payments accounts
Monetary crises in past
Specifics of exchange rate regimes in selected countries
Current problems of European Monetary Union
Position of selected international financial institutions in international financial system and their framework of influence
Specifics of multinational corporation management
Payment methods and instruments in international trade
Analysis of selected forms of countertrade and cases of project finance
Capital budgeting in multinational corporation, net present value
Exchange rate exposure management - model problem solving
taxes and multinational business strategies - case studies
Current issues in international finance - discussion in teams on selected topics
E-learning texts
BOP_2011_2014_aj.xlsx 0.01 MB
Inflation report_III_2016
Inflation report_CNB_III2016.pdf 3.33 MB
IF_1_lecture
BOP_1_přednáška.ppt 0.49 MB
BOP_2011_2015
BOP_2011_2014_aj.xlsx 0.01 MB