Syllabus

Title
0698 Global Financial Management A
Instructors
ao.Univ.Prof. Dr. Edith Littich
Contact details
Type
PI
Weekly hours
4
Language of instruction
Englisch
Registration
09/21/20 to 09/28/20
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Dates
Day Date Time Room
Thursday 10/22/20 09:00 AM - 02:00 PM Online-Einheit
Thursday 10/29/20 09:00 AM - 02:00 PM Online-Einheit
Monday 11/16/20 09:00 AM - 02:00 PM Online-Einheit
Thursday 11/19/20 09:00 AM - 02:00 PM Online-Einheit
Monday 11/30/20 09:00 AM - 02:00 PM Online-Einheit
Thursday 12/03/20 09:00 AM - 02:00 PM Online-Einheit
Thursday 12/10/20 09:00 AM - 02:00 PM Online-Einheit
Monday 12/14/20 09:00 AM - 02:00 PM Online-Einheit
Thursday 12/17/20 08:30 AM - 10:30 AM Online-Einheit
Procedure for the course when limited activity on campus

In case of restrictions due to Covid-19 the course will be taught in distance mode. This includes a mix of  live classes taught via MS Teams (or equivalent) and mandatory self-study. Supporting material and schedule for self-study will be made available before the start of the course.  In case of questions, on-line office hours and an online forum will be offered to students during self-study phases.

Assigned problems and exercises will be posted on LEARN. You will receive information in case you have to upload these assigments before class. Check the due dates carefully. Late assignments will not be graded.

Please note the the university follows a strict policy towards all forms of plagiarism and cheating.

Assessment will be based on

- Case reports & assignments 40%

- Quizzes during online phase 20%

- Final Exam 40%

Grading scale (in points)

>= 87,5     1

75-87,5      2

62,5-75      3

50-62,5     4

< 50         5

Contents

The course introduces students to the conceptual framework in which financial decision making of international firms takes place. Specifically, the impact of volatile exchange rates and the measurement of corporate foreign exchange exposure will be analyzed. In addition to the theoretical underpinnings of international finance we will cover the practical side of international financial decision making - how to manage currency risks. Additionally, selected topics of financial management will be analyzed from an international perspective. The emphasis throughout the course will be on taking advantage of being a global firm. The course provides a basic understanding of international financial markets and institutions and aims particularly on international risk assessment and management.

Learning outcomes

The aim of this course is to introduce students to the international dimension of financial management. Global firms which typically operate beyond domestic borders encounter a broader set of opportunities but also face additional risks. Upon completion of this course, students will 

  • have an understanding of the financial risks and opportunities of a global firm
  • be familiar with the mechanics of currency markets and its  typical financial instruments
  • be able to apply these instruments to measure and manage financial risks in a global context
  • understand how to set the cost of capital and adjust standard capital budgeting for global firms
  • be able to evaluate the value of trade finance for international firms
  • utilize theoretical knowledge to analize and solve case studies dealing with decision problems of global firms

 

Attendance requirements

To enhance learning students are expected to participate actively in class. Therefore, attendance of at least 75% of classes is required to get a passing grade of the course. In case of illness/injury preventing a student from taking the final exam, a medical certificate is required as documentary evidence

Teaching/learning method(s)

The course is taught using a combination of lectures, exercises, case analysis and class discussions. Reading assignments introduce students to issues of international financial management. Students are expected to stay current in their reading assignment preparation before class and regularly attend class and participate in class discussions.

Assessment

Case reports & assignments 40%

Quizzes 20%

Final Exam 40%

Grading scale (in points)

>= 87,5     1

75-87,5      2

62,5-75      3

50-62,5     4

< 50         5

Readings

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

Availability of lecturer(s)

You can reach me via email: edith.littich@wu.ac.at.

Last edited: 2020-11-28



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