ACFI502 - International Finance Module Template QLS (Feb ).doc

Module Template Section 1 Basic Module Information Basic module information; Module Title - International Finance Module Code - ACFI5021 Module Version Number - 12 Credit Value - 15 DMU Credit Level - 5 Semester - Semester 2; Semester 3 SAB - ACFI Faculty - BAL - Faculty of Business Law Module Leader – Dr. Yulia Rodionova (yrodionova@dmu.ac.uk); Surgery hours:TBA, HU3.59. Fred Mear (fmacc@dmu.ac.uk ) Module Pre-requisites - Standard Masters Programme entry requirements. Section 2 Module Definition The definition of the module characteristics, learning outcomes and assessment. 1. Module Characteristics This elective provides students with a broad exposure to the political, economic and technical dimensions of the international finance regime. The regime is described - its institutions, markets, players - and the key adjustment mechanisms are explained - balance of payments, exchange rate systems, relative interest and inflation rates. The role of finance in the competitive struggle between nation states and multinational corporations to generate economic value is explored. Financial and risk appraisal of foreign trade and direct investment projects is demonstrated. This module is ideally suited toward those who wish to specialise in international studies or finance. It develops investment and funding decisions in Accounting for Strategic and Financial Decisions and complements the market-based hedging mechanisms taught in Risk Management. 2. Learning Outcomes 1. Comprehend the political economic power of the international financial regime. (SS) 2. Demonstrate a systematic understanding of complex foreign investment decisions (SS) 3. Recommend appropriate financing strategies for Foreign Direct Investments (FDI) (SS) 4. Undertake simple market-based transactions to hedge the risk of currency movement (SS) 5. Challenge received wisdom on sovereign, OECD IMF policy (SS) 6. Capacity to convey reasoned conclusions (NSS) 7. Use personal initiative and possess