This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2022-2023 (archived)
Module ECON487JN: MULTINATIONAL FINANCE
Department: Economics
ECON487JN: MULTINATIONAL FINANCE
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 4 | 15 | Not available in 2022/2023 | None. | Durham |
Tied To
- N2P209J: Management (Finance) (commencing in January) (see Postgraduate Handbook 2021-2022 for details)
Pre-requisites
- None.
Corequisites
- None.
Excluded Combinations
- 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 | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 9 | 1 per week | 2 hours | 18 | |
| Seminars | 4 | 1 hour | 4 | Yes | |
| Preparation & Reading | 126 | ||||
| Revision session | 1 | 2 hours | 2 | ||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | 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.
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.