Module ECON46215: MULTINATIONAL FINANCE (TAUGHT)

Department: Economics

ECON46215: MULTINATIONAL FINANCE (TAUGHT)

Tied To

• N3KA09: Finance (Global) (see Postgraduate Handbook 2016-2017 for details)

Pre-requisites

Corequisites

Excluded Combinations

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

• On completion of the module students should: 
• 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;

• By the end of the module, students should have: 
• 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.

• In addition, students will have had the opportunity to further develop the following key skills:
• ability to show understanding of advanced analytical methods, both theory- and model- based
• ability to show understanding of relevant mathematical and statistical techniques
• ability to reason logically and work analytically
• ability to work with abstract concepts and in a context of generality
• ability to select and apply appropriate techniques to solve problems
• ability to understand the contexts in which problems are addressed
• ability to communicate effectively and clearly in written formats

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 taught input, groupwork, case studies and discussion, supported by guided reading and specially-written self-study material.
• The summative assessment of the module is designed to test students' specialist knowledge and critical understanding of the material covered in the module, their analytical and communication skills.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

Group-based discussions and case study exercises.