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.

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.

• Presentation and associated paper 20%
• Discussion 10%
• Project 20%
• Final Examination 50%
• Total 100%

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.

FINM3002 International Financial Management

FINM7042 Applied International Financial Management

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/FINM8007.pdf

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=FINM8007