This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Undergraduate Handbook 2017-2018 (archived)
Module ECOS3211: INTERNATIONAL AND MULTINATIONAL FINANCE
Department: Business School (Economics and Finance) [Queen's Campus, Stockton]
ECOS3211: INTERNATIONAL AND MULTINATIONAL FINANCE
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 3 | 20 | Available in 2017/2018 | Queen's Campus Stockton |
Tied To
- N302: Accounting and Finance with Business Placement
- N304: Accounting and Finance with Study Abroad
- N305: Finance
- N306: Finance with Business Placement
- N307: Finance with Study Abroad
- N402: Financial Accounting
- N403: Financial Accounting with Business Placement
- N405: Financial Accounting with Study Abroad
- N420: Business Finance (see Undergraduate Handbook 2016-2017 for details)
- NN43: Accounting and Finance
Pre-requisites
- Corporate Finance (ECOS2011) AND Macroeconomics and International Finance (ECOS2131)
Corequisites
- None.
Excluded Combinations
- None.
Aims
- This module aims to bring 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 students 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
- By the end of the module students will have had the opportunity to develop subject specific skills of theorethical analysis, application of knowledge to problems solving, and technical skills relating to key problems in International and Multinational Finance.
Key Skills
- Written communication - through summative assessment.
- Planning, Organisation and Time Management - e.g. by preparing summative assignment, observing strict deadlines for the submission of work; preparing for examinations.
- Problem Solving and Analysis - e.g. through addressing questions requiring the identification of relevant issues and principles and the use of critical thinking in assessed work.
- Computer Literacy - e.g. downloading notes for revision and past exam papers from DUO.
- Reasoning abilities - skills in assessing alternative ideas, and the criteria used in accepting or rejecting economic arguments, theories or theoretical systems.
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 the formative assessment in the form of an essay of 1500 words.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 21 | 1 Per Week | 1 Hour | 21 | |
| Seminars | 8 | fortnightly | 1 Hour | 8 | Yes |
| Preparation and Reading | 171 | ||||
| Total | 200 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | One written examination | 2 hours 30 minutes | 100% |
Formative Assessment
An essay of 1500 words max
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.