Based on the knowledge already acquired in Business in Global Markets I, this course deepens the acquired knowledge from a case-specific and functional perspective. Students learn to recognize the respective problems, analyze them methodically and develop solutions using suitable instruments/tools. The focus is on business management problems that are exclusively or significantly encountered in internationally active companies.
In this specific course, we will focus on international business decision problems in the area of financial management,  such as

• risks and finance of international trade
• hedging foreign exchange transaction exposures
• hedging economic exposures
• international capital budgeting
• foreign direct investments
• financing globally

After completing the course, students will

• have insights into the financial challenges of global companies and how they deal with such issues
• have acquired a detailed understanding of financial risks, specifically those related to exchange rate exposures
• know how to implement different corporate hedging strategies to mitigate foreign exchange risks
• be able to utilize theoretical knowledge for the analysis of cases dealing with decision problems related to financial management situations in a global context
• have developed critical thinking and the ability to write a convincing case analysis
• be able to undertake tasks in teams

To enhance learning students are expected to participate actively in class. Therefore, attendance of at least 70% 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

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

Note: having passed the basic course in Finance (Finanzwirtschaft) is highly recommended for this course. Contents of this course build on knowledge already acquired.

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