To expose students to the specifics of International Financial Management in the system of other financial disciplines
To train students to interpret different types of exchange rates
Teach students to analyze the balance of payments and foreign debt
To train students to assess exposure to foreign exchange risk and teach them how to hedge against that risk
To introduce students to the specifics of international banking and international bond markets
To provide students with basic knowledge about offshore markets and political risk
1. The subject of study of International Financial Management and its place in the system of financial disciplines
2. The concept and types of exchange rate
3. Exchange rate changes
4. Foreign exchange market and transactions on the foreign exchange market
5. Exchange rate systems
6. Balance of payments, foreign direct investment, international reserves
7. Foreign debt
8. Exposure to foreign exchange risk - transactional, operational and accounting
9. Hedging foreign exchange risk
10. International Banking
11. International bond markets
12. Offshore markets
13. Political risk
After completing the course, the student will be able to:
1. interpret different types of exchange rates
2. analyze the balance of payments and foreign debt
3. assess exposure to foreign exchange risk
4. apply certain methods of hedge against currency risk
5. Discuss with arguments the essential elements of the offshore market and political risk
