FINM8007 International Finance

Offered By	School of Finance and Applied Statistics
Academic Career	Graduate Coursework
Course Subject	Financial Management
Offered in	Second Semester, 2009
Unit Value	6 units
Course Description	This course analyses major issues in international finance, such as geographical and cross-rate arbitrage, determinants of foreign exchange rates, interest rate parity and purchasing power parity theorems, foreign exchange options and futures, international investment and financing decisions (including international capital budgeting), international capital asset pricing models, Eurobond valuation, international market structures and gold investments.
Learning Outcomes	By the end of this unit, students are expected to have attained proficiency in the following areas: International Monetary System and its recent developments. Foreign exchange market and its roles in international finance and trade. International risk management, including the theoretical arguments for and against hedging foreign exchange and interest rate risk and the use of financial instruments such as options on exchange rates, financial futures and currency swaps; and, Corporate Finance and Investments in International Setting. Research methodologies employed in international finance.
Indicative Assessment	Presentation and associated paper 20% Discussion 10% Project 20% Final Examination 50% Total 100%
Workload	10 hours per week for 13 weeks = 130 hours
Course Classification(s)	AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs.
Areas of Interest	Finance
Eligibility	At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with at least one year of university level study in quantitative analysis, including basic mathematics and data analysis techniques.
Requisite Statement	FINM3002 International Financial Management FINM7042 Applied International Financial Management
Prescribed Texts	See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM8007.pdf
Preliminary Reading	See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM8007.pdf
Programs	Graduate Certificate in Actuarial Studies, Master of Commerce, and Master of Commerce
Other Information	For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=FINM8007
Academic Contact	See http://ecocomm.anu.edu.au/courses/course.asp?code=FINM8007

The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.