Syllabus

Title

0499 Core Course - Multinational Financial Management (CEMS)

Instructors

PD Dr. Gerhard Winkler

Contact details

gerhard.winkler@wu.ac.at

Type

Weekly hours

Language of instruction

Englisch

Registration

09/07/18 to 09/17/18
Registration via LPIS

Notes to the course

Subject(s) Master Programs

Global Financial Management

Dates

Day	Date	Time	Room
Wednesday	10/03/18	06:00 PM - 09:30 PM	D4.0.022
Tuesday	10/09/18	06:00 PM - 09:30 PM	D4.0.022
Monday	10/15/18	06:00 PM - 09:30 PM	D4.0.022
Wednesday	10/17/18	06:00 PM - 09:30 PM	D4.0.022
Monday	10/29/18	06:00 PM - 09:30 PM	D4.0.022
Wednesday	10/31/18	06:00 PM - 09:30 PM	D4.0.022
Monday	11/05/18	06:00 PM - 09:30 PM	D4.0.022
Monday	11/12/18	06:00 PM - 09:30 PM	D4.0.022
Wednesday	11/14/18	06:00 PM - 09:30 PM	D4.0.022
Monday	11/19/18	06:00 PM - 09:30 PM	D4.0.022
Monday	12/10/18	06:00 PM - 09:30 PM	D4.0.022
Tuesday	12/11/18	06:00 PM - 09:30 PM	D3.0.233
Friday	12/14/18	04:00 PM - 07:30 PM	TC.0.01 ERSTE
Monday	12/17/18	06:00 PM - 09:30 PM	D4.0.022

On this page:

Contact details
Contents
Learning outcomes
Teaching/learning method(s)
Assessment
Prerequisites for participation and waiting lists
Availability of lecturer(s)
Unit details
Course materials

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Contents

1. Spot markets for foreign currency (core reading: Sercu, chapter 3)

2. Forward markets for foreign currency (core reading: Sercu, chapters 4 and 5)

3. Currency options (core reading: Sercu, chapters 8 and 9)

4. Relevance of hedging foreign exchange risk (core reading: Sercu, chapter 12)

5. Measuring and managing currency exposure (core reading: Sercu, chapter 13)

6. International cost of capital (core reading: Sercu, chapter 19)

7. International capital budgeting (core reading: Sercu, chapter 21)

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Learning outcomes

The aim of this course is to introduce students to the international dimension of financial management. Firms acquiring and investing funds not only in the domestic market but also beyond borders encounter a broader set of opportunities but also face additional risks. Upon completion of this course, students will have an understanding about (i) the mechanics of currency markets and its most important instruments, (ii) how these instruments can be used to measure and manage risks associated with international financial management, and (iii) how to set the cost of capital and adjust standard capital budgeting for international projects.

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Teaching/learning method(s)

Lecture mixed with exercises

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Assessment

Exercises, quiz, final exam

Grading Scale (Final Grade):

0-49: 5 (Fail/Nicht Genügend)

50-62: 4 (Sufficient/Genügend)

63-74: 3 (Satisfactory/Befriedigend)

75-87: 2 (Good/Gut)

88-100: 1 (Excellent/Sehr Gut)