International Financial Management is a course designed to equip learners with the knowledge and skills required to understand and effectively manage financial operations in an international context. The course focuses on financial decision-making in multinational firms, exploring the complexities of global financial environments, international markets, foreign exchange risk management, and cross-border investment analysis.
Students will learn the principles and practices of managing financial resources across different countries, taking into account the impact of international trade, global financial markets, exchange rates, political and economic risks, and regulatory differences.
Key topics include:
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The international monetary system and foreign exchange markets
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Currency risk and exposure management
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International capital budgeting and financing decisions
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Multinational working capital management
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Global investment strategies
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Financial instruments in international trade
By the end of the course, students should be able to make informed financial decisions in a globalized economic environment, apply risk management techniques, and evaluate international financial strategies with a strong ethical and cultural understanding.