Syllabus

Title
0955 International Financial Management II
Instructors
Stephan Kranner, Ph.D.
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/16/16 to 09/26/16
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Wednesday 10/05/16 08:30 AM - 11:30 AM TC.5.14
Friday 10/07/16 04:00 PM - 07:00 PM TC.4.13
Wednesday 10/12/16 08:30 AM - 11:30 AM TC.5.14
Friday 10/14/16 04:00 PM - 07:00 PM TC.4.13
Wednesday 10/19/16 08:30 AM - 11:30 AM TC.5.14
Friday 10/21/16 04:00 PM - 07:00 PM TC.4.12
Friday 10/28/16 04:00 PM - 07:00 PM TC.4.12
Wednesday 11/02/16 08:30 AM - 11:30 AM TC.5.14
Wednesday 11/09/16 08:30 AM - 10:30 AM TC.2.02
Contents

1. International Finance: why do you need to understand international finance?

2. Spot markets for foreign exchange

3. Understanding forward rates for foreignexchange

4. Using forward rates 5. The market for currency futures 6. Currency options

Learning outcomes

The students develop an understanding of fundamental concepts of international finance.
The students gain knowledge on the foreign exchange market and important aspects of financial management of the multinational firm.
At the end of the course the student is able to convert the different currencies, decide on international investments and also account for the time value of money.
With a positive passing, the students will be able to price futures and options in the context of international markets and with respect to different currencies.

Teaching/learning method(s)
Lectures, assignments, class participation.
Assessment

Grading System:

In order to get a positive grade, students have to fulfill the attendance requirement. If this criterion is met, the following weighting scheme is applied: final exam (70%), exercises (20%) and crosswords at the end of each class (10%).

Prerequisites for participation and waiting lists

For participants of the Cross-Functional Management Program andWU-incomings only

Forquestions concerning enrolment and waiting lists please contact the Coordinatorof the Cross-Functional Management Programme at cfm@wu.ac.at

All students must attend the first class!

Readings
1 Author: Piet Sercu
Title: International Finance: Theory into Practice

Publisher: Princeton University Press
Remarks: Chapter 1 - 9
Year: 2009
Content relevant for class examination: Yes
Content relevant for diploma examination: Yes
Recommendation: Essential reading for all students
Type: Book
2 Author: John C. Hull
Title: Options, Futures, And Other Derivatives

Publisher: Prentice Hall International
Edition: 8th edition
Remarks: Chapter 1 - 3
Year: 2011
Content relevant for class examination: Yes
Content relevant for diploma examination: Yes
Recommendation: Strongly recommended (but no absolute necessity for purchase)
Type: Book
Recommended previous knowledge and skills
Basic knowledge in international finance!
Availability of lecturer(s)

Stephan Kranner, MSc: skranner@wu.ac.at

For administrative matters and registration please contact cfm@wu.ac.at

Last edited: 2016-07-12



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