Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2010-2011 (archived)

Module ECOS3211: INTERNATIONAL AND MULTINATIONAL FINANCE

Department: Economics, Finance and Business (Economics and Finance) [Queen's Campus, Stockton]

ECOS3211: INTERNATIONAL AND MULTINATIONAL FINANCE

Type Tied Level 3 Credits 20 Availability Available in 2010/11 Module Cap None. Location Queen's Campus Stockton
Tied to N200
Tied to NN43
Tied to N420

Prerequisites

  • Corporate Finance (ECOS2011) AND Macroeconomics and International Finance (ECOS2131)

Corequisites

  • None.

Excluded Combination of Modules

  • 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 students' knowledge and critical awareness and allow investigation of key concepts.
      • This will be reinforced by formative assessment.

      Teaching Methods and Learning Hours

      Activity Number Frequency Duration Total/Hours
      Lectures 22 1 Per Week 1 Hour 22
      Seminars 8 fortnightly 1 Hour 8 ■
      Preparation and Reading 170
      Total 200

      Summative Assessment

      Component: Examination Component Weighting: 100%
      Element Length / duration Element Weighting Resit Opportunity
      One 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.

      ■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University