Durham University
Programme and Module Handbook

Postgraduate Programme and Module Handbook 2020-2021 (archived)

Module ECON48715: MULTINATIONAL FINANCE

Department: Economics and Finance

ECON48715: MULTINATIONAL FINANCE

Type Tied Level 4 Credits 15 Availability Available in 2020/21 Module Cap None.
Tied to L1K209
Tied to L1K309
Tied to N2P209
Tied to N1KL07
Tied to N3K807

Prerequisites

  • None.

Corequisites

  • None.

Excluded Combination of Modules

  • None.

Aims

  • To provide students with an up to date and advanced understanding of the issues that confront the financial management of multinational companies.

Content

  • The International Business Environment
  • Currency Risk and Currency Risk Management
  • Foreign Direct Investment
  • International Capital Budgeting
  • Multinational Cost of Capital and Capital Structure
  • Country Risk Analysis

Learning Outcomes

Subject-specific Knowledge:
  • Have an appreciation of the complexity and contradictions of the current academic literature in the field of financial management of multinational companies;
  • Have an advanced understanding of risks encountered by multinational companies and the process of managing these risks;
  • Have an advanced understanding of complexities and complications in the processes of foreign investment and financing decisions of multinational companies;
Subject-specific Skills:
  • Have the ability to learn and work independently in the area of multinational finance, exercising critical judgement and discrimination in the resolution of complex problematic situations.
Key Skills:
  • Written Communication
  • Planning, Organising and Time Management
  • Problem Solving and analysis
  • Using initiative
  • Adaptability
  • Numeracy
  • Computer Literacy

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

  • A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. The summative written examination will test students' knowledge and critical understanding of the material covered in the module, their analytical and problem-solving skills.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 9 1 per week 2 hours 18
Seminars 4 1 hour 4
Preparation & Reading 126
Revision session 1 2 hours 2
Total 150

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Unseen written examination 2 hours 100% Same

Formative Assessment:

Work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on DUO; feedback on discussions with teaching staff during consultation hours, or via e-mail.


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