Get up to $1,000 in flight credits or grants toward study or internship programs abroad when you apply by January 01, 2025. See our Official Rules for full details.
Prerequisites: Prior to enrollment, this course requires you to have completed either "Principles of Finance" OR "Managerial Finance" AND "Intermediate Finance" OR "Corporate Finance."
DESCRIPTION
This course explains and analyzes the main financial challenges that companies face in an international context. Globalization, or the increasing economic integration of goods, services, and financial markets at the international level, represents both opportunities and threats for governments and enterprises.
There is one main dimension separating domestic finance and international finance: International risk. Fluctuations in exchange rates, interest rates, and inflation require risk identification, risk measurement, and hedging which are important tasks for international finance.
This course provides discussions of some of the main challenges of international financial transactions. It is divided into two sections. In the first section, you will be familiarized with exchange rate determination, balance of payments, the international monetary system, the European Monetary System, and the parity conditions in real markets and financial markets. In the second section, you will examine the different derivatives for hedging (options, forwards, futures, and swaps), and exposure measurement (translation, transaction, and economic exposure).
Course activities are based on worksheets with exercises related to each topic studied in class and current articles and videos from business newspapers and magazines to be discussed on a daily basis and motivate class participation.
This course is taught in a virtual format by one of CEA?' onsite instructors from across our 8 study center locations.
Get a Flight Credit worth up to $1,000 when you apply with code* by January 1, 2025