At the end of this course, the students; 1) Compare international monetary systems and point out their differences, similarities, and respective advantages and limitations 2) Describe the foreign exchange, futures and options markets 3) Explain exchange rate determinants and behaviors 4) Measure and manage exposure to exchange rate risk 5) Deal with special asset and liability issues of multi-national firms 6) Evaluate the financial performance of multi-national firms 7) Demonstrate an understanding of core corporate finance concepts, theories and techniques as they relate to a multinational company 8) Demonstrate an understanding of exchange rate market details, products, systems, forecasts and arbitrage processes
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
Man411 Investment Analysis
COURSE DEFINITION
Theories and practical aspects of international finance. An intensified study of international banking and finance as it relates to international trade and multinational corporations and the financing of imports and exports. Topics analyzed include; international payment mechanism, exchange market operations, derivatives, international capital movements, risk evaluation and protection, capital budgeting, and international financial institutions.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Introduction to International Finance
2nd Week
International Financial System
3rd Week
International Monetary Fund (IMF) and International Liquidity
4th Week
Balance of Foreign Payments
5th Week
Exchange Rate Policy and Foreign Exchange Market
6th Week
Derivative Markets ? Futures
7th Week
Derivative Markets ? Swap and Option Contracts
8th Week
Midterm Examination
9th Week
Exchange Rate Risk and Exchange Rate Risk Management
10th Week
International Financial Markets: Money Markets
11th Week
International Long-Term Loaned Financial Resources: Bonds and Investment Bank Loans
12th Week
International Equity Sources: Stock Markets
13th Week
International Portfolio Investments
14th Week
Foreign Direct Investments
RECOMENDED OR REQUIRED READING
Seyidoğlu, H., (2016), Uluslararası Finans, (Geliştirilmiş 6. Baskı), Güzem Can Yayınları, İstanbul.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
30
Project
1
30
Total(%)
60
Contribution of In-term Studies to Overall Grade(%)
60
Contribution of Final Examination to Overall Grade(%)
40
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
1
1
Preparation for Quiz
Individual or group work
14
2
28
Preparation for Final exam
1
32
32
Course hours
14
3
42
Preparation for Midterm exam
1
28
28
Laboratory (including preparation)
Final exam
1
1,5
1,5
Homework
Project
1
20
20
Total Workload
152,5
Total Workload / 30
5,08
ECTS Credits of the Course
5
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)