What does it mean to operate in an international business setting?

• Analysis of specific risks in cross-border business (commercial risks, political risks, exchange-rate risks)

• Alternatives for payment processing in international business and their implementation in concrete situations (receivables management)

• Risk-mitigation mechanisms in export business, in particular the use of payment-securing instruments with a focus on documentary trade instruments

• Specifics of trade finance techniques (supplier’s credit and buyer’s credit)

• Solutions via the sale of receivables (factoring and forfaiting)

• Understand the operating environment of exporting firms (theoretical context)

• Analyze and evaluate options and instruments (with risk considerations)

• Understand areas of conflict between exporter and importer

• Receive practice-oriented information (on export credit insurance and documentary trade instruments)

• Critically appraise the content/facts/instruments

Attendance is mandatory

• Delivery of content via lecture

• Group and plenary discussions

• Warm-up article(s)

• Case studies

The grade consists of three components:

• Presentation
• Quizzes 
• Exam

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