Plan B (NOW ACTIVE)

Due to the current situation concerning COVID-19, this course is switched to Distance Learning. You will find here important information concerning the changes and what that means.

Teaching/Learning Methods will be mostly self-study. The Learning Material will be available on LEARN for download and will consist of a combination of reading material, supplemental slides, links for videos and references to additional reading sources. Each Unit will have mandatory homework excercises to be completed wtihin a specific timeframe.

Additionally, there will be two case study assignments and a final exam. The exam will be similar to an open-book take-home exam to be completed and uploaded within a specific timeframe.

The new assessment for this includes the following criteria:

Exercises: 20%

Case Study 1: 10%

Case Study 2: 10%

Exam: 60%

Moreover, students will get regular support in the form of Learn@WU forum and/or MS Teams Q&A sessions. Note that attendence is required for the first online class session on 16-NOV-2020. More detailed information will be provided in a timely manner.

      Part I

1. Market for Foreign Exchange

2. International Parity Relationships and Forecasting Foreign Exchange Rates

3. Futures and Options on Foreign Exchange

Part II

6. International Portfolio Investment

7. International Capital Structure and the Cost of Capital

8. International Capital Budgeting

The students develop an understanding of the fundamental concepts in international finance.
This includes knowledge on the macroeconomic and institutional foundations of IFM, such as international monetary systems, balance of payments and corporate governance around the world. Additionally, topics on the foreign exchange market, including its organization and operation, international parity relationships, as well as the spot, forward, and future markets for foreign exchange market, will be discussed. At the end of the course, the student is able to convert the different currencies, decide on international investments and account for the time value of money.

Under Plan B, attendence for the first online class session is required. Otherwise, attendence requirements are waived for this course.

Lectures, assignments, class participation.

Plan A (normal campus activity - NO LONGER VALID)

In order to get a positive grade, students must fulfill the attendence requirement. If this criterion is met, the following weighting scheme is applied:

10% - Participation

15% - Assignment 1

15% - Assignment 2

30% - Mid-term Exam

30% - Final Exam

Plan B (restricted campus acticity - THIS IS NOW ACTIVE)

Under Plan B (Distance Learning) there is no attendence requirement EXCEPT FOR FIRST CLASS SESSION - all other class sessions will take place online as Q&A. The assessment of the course will include the following criteria:

Excercises: 10%

Assignment 1: 15%

Assignment 2: 15%

Exam: 60%

Individual components map to grades as follows (both Plan A and B):

Basic knowledge of macroeconomics and finance.

It is strongly recommended that student's familiarize themselves with at least the first 3 chapters of the recommended book; this material will be provided to you before the start of the course on LEARN.