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.

Postgraduate Handbook 2019-2020 (archived)

Module BUSI46015: INTERNATIONAL FINANCE (PT/EXECUTIVE)

Department: Management and Marketing

BUSI46015: INTERNATIONAL FINANCE (PT/EXECUTIVE)

TypeLevelCreditsAvailabilityModule CapLocation
Tied 4 15 Available in 2019/2020 Durham

Tied To

  • N1KB17: Business Administration (see Postgraduate Handbook 2018-2019 for details)
  • N1KD17: Business Administration [Finance] (No longer recruiting) (see Postgraduate Handbook 2010-2011 for details)
  • N1KP17: (programme not found)
  • NPK017: (programme not found)

Pre-requisites

  • None.

Corequisites

  • None.

Excluded Combinations

  • None.

Aims

  • To provide a rigorous grounding in the theory and applications of international finance, including exchange rate theory and a thorough analysis of the most important issues in risk sharing across international financial markets. Both theoretical and applied aspects of international finance are examined.

Content

  • Basic Issues in Exchange Rate Economics.
  • Purchasing Power Parity (PPP).
  • Models of exchange rate determination.
  • Exchange Rates and Macroeconomic Policy.
  • Optimal International Portfolio Construction.
  • International Portfolio Diversification.
  • Asset Pricing and International CCAPM (Consumption-based Capital Asset Pricing Model).

Learning Outcomes

Subject-specific Knowledge
  • By the end of this module, students will have:
  • acquired advanced knowledge and understanding of essential components of modern international finance theory and associated current literature.
Subject-specific Skills
  • By the end of this module, students will have:
  • had the opportunity to apply problem solving and analytical skills to issues in international finance;
  • had the opportunity to practise the application of concepts in international finance theory to applied issues.
Key Skills

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

  • Learning outcomes will be met through a combination of lectures, groupwork, case studies and discussion, supported by guided reading. The written assignment will test students' understanding of relevant concepts and their ability to apply and interpret what they have learned to the analysis of a particular issue in depth.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotal HoursAttendance Monitored
Workshops (a combination of lectures, groupwork, case studies and discussion) 24 Yes
Preparation and Reading 126
Total 150

Summative Assessment

ComponentComponent WeightingElementLength/DurationElement WeightingResit Opportunity
Written Assignment 100% Written Assignment 4,000 words maximum 100%

Formative Assessment

None.


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.