Durham University
Programme and Module Handbook
This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.

Undergraduate Handbook 2006-2007 (archived)

Module ECOS3211: INTERNATIONAL AND MULTINATIONAL FINANCE

Department: ECONOMICS FINANCE AND BUSINESS (BUSINESS FINANCE) [Queen's Campus, Stockton]

ECOS3211: INTERNATIONAL AND MULTINATIONAL FINANCE

TypeLevelCreditsAvailabilityModule CapLocation
Tied 3 20 Available in 2006/2007 None. Queen's Campus Stockton

Tied To

Pre-requisites

  • Corporate Finance (ECOS2011), Macroeconomics and International Finance (ECOS2131), and Introduction to Financial Econometrics (ECOS2161).

Corequisites

  • All compulsory Level 3 modules.

Excluded Combinations

  • None.

Aims

  • This module aims at bringing together student's knowledge of finance and quantitative techniques in order to investigate important topics within the International and Multinational Finance Literature.

Content

  • The following is indicative of the types of area to be covered: introduction and basics of foreign exchange, PPP and IRP, exchange rate determination, efficiency of foreign exchange markets, foreign exchange exposure and risk, operating exposure, hedging risk and exposure, speculation in the foreign exchange markets, multinational portfolio investment, multinational capital investment.

Learning Outcomes

Subject-specific Knowledge
  • By the end of the module student should: be aware of major theoretical underpinnings in key topics in International and Multinational Finance, be able to appreciate the recent empirical literature in selected key topics in International and Multinational Finance, have practiced skills of problem solving and critical thinking.
Subject-specific Skills
Key Skills

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • The mix of lectures and seminars will introduce students to key concepts and provide opportunities to explore issues in international and multinational finance in depth.
  • The examination will assess student's knowledge and critical awareness and allow investigation of key concepts.
  • This will be reinforced by formative assessment.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotal HoursAttendance Monitored
Lectures 22 1 Per Week 1 Hour 22
Seminars 8 4 in Each of the First Two Terms 1 Hour 8
Preparation and Reading 170
Total 200

Summative Assessment

ComponentComponent WeightingElementLength/DurationElement WeightingResit Opportunity
Examination 100% One unseen written examination 2 hours 15 minutes 100%

Formative Assessment

A group presentation given during seminars and an associated written individual report of no more than 1000 words.


Students who do not attend monitored activities shown under Teaching Methods and Learning Hours, or who fail to complete the summative or formative assessment(s) specified above, may be subject to the Academic Progress procedures defined in the University's General Regulation V, and may be required to leave the University.