International Finance

This subject has the following teaching availabilities in 2016:

Estimated total time commitment of 170 hours.

FNCE20001 Business Finance and one of ECOM20001 Introductory Econometrics, ECON20003 Quantitative Methods 2, MAST20005 Statistics, 620-270 Applied Statistics, MAST20004 Probability, MAST20006 Probability for Statistics, 620-261 Introduction to Operations Research (2008 or earlier), MAST20018 Discrete Maths and Operations Research or MAST20029 Engineering Mathematics.

None

Please refer to Prerequisites and Corequisites.

Students may not gain credit for both FNCE30003 International Finance and 306-311 International Finance.

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Topics include concepts, operation and terminology of foreign exchange markets; international investment decision making; sources of and approaches to dealing with foreign exchange exposure; political risk; and international funding mechanisms and decision making in multinational business organisations.

• Explain the method of operation and terminology of foreign exchange markets.
• Measure and manage foreign exchange risk exposure from the point of view of multinational corporations.
• Identify and describe the special problems encountered in international decision making.
• Conduct international capital budgeting analysis.
• Analyse how multinational sources of capital and country-specific risk affect the management of long-term assets and liabilities in an international context.

A 3-hour end-of-semester examination (70%), a mid-semester examination (15%) and assignment(s) totalling not more than 2000 words (15%). Satisfactory completion of this subject requires a 50% pass in the end-of-semester examination.

You will be advised of prescribed texts by your lecturer.

This subject potentially can be taken as a breadth subject component for the following courses:

• Bachelor of Arts
• Bachelor of Biomedicine
• Bachelor of Environments
• Bachelor of Music
• Bachelor of Science
• Bachelor of Engineering

You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.

• High level of development: written communication; problem solving; team work; application of theory to practice; critical thinking; evaluation of data and other information.

• Moderate level of development: collaborative learning; statistical reasoning; and analysis; synthesis of data and other information; use of computer software; accessing data and other information from a range of sources; receptiveness to alternative ideas.