Syllabus

Title
0793 Core Course - Multinational Financial Management (CEMS)
Instructors
Univ.Prof. Dr. Christian Wagner
Contact details
Type
PI
Weekly hours
4
Language of instruction
Englisch
Registration
09/24/19 to 09/30/19
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Dates
Day Date Time Room
Tuesday 11/05/19 09:00 AM - 02:00 PM D4.0.022
Tuesday 11/12/19 09:00 AM - 02:00 PM D4.0.022
Tuesday 11/26/19 09:00 AM - 02:00 PM D4.0.022
Tuesday 12/03/19 09:00 AM - 02:00 PM D4.0.022
Thursday 12/05/19 01:00 PM - 06:00 PM TC.2.01
Tuesday 12/10/19 09:00 AM - 02:00 PM D4.0.022
Thursday 12/12/19 09:00 AM - 02:00 PM TC.5.15
Monday 12/16/19 09:00 AM - 02:00 PM TC.5.15
Tuesday 12/17/19 09:00 AM - 02:00 PM D4.0.022
Contents

Spot markets for foreign currency

Forward markets for foreign currency

• Currency options

Relevance of hedging foreign exchange risk

• Measuring and managing currency exposure

International cost of capital 

International capital budgeting

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                                                             

(iii) how to set the cost of capital and adjust standard capital budgeting for international projects.

Attendance requirements

Attendance of at least 75% of classes is required to get a passing grade for this course.

Teaching/learning method(s)

Lectures with exercises.

Assessment

Exam              points

Assignments      50

Final Exam        50

Total              100

 

Grading Scale (points=p)

p ≥ 87,5              1

75,0 ≤ p < 87,5    2

62,5 ≤ p < 75,0    3

50,0 ≤ p < 62,5    4

p < 50,0             5

 

Prerequisites for participation and waiting lists

 

Readings
1 Author: Sercu , Piet
Title:

International Finance: Theory into Practice


Publisher: Princeton University Press
Year: 2009
Availability of lecturer(s)

christian.wagner@wu.ac.at

Course materials

see course outline at learn@wu

Last edited: 2019-08-29



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