Corporate finance on the global market 2600-MSFRdz1zfpFPRG
1. Introduction: The International Business Environment.
2. Foreign Exchange Markets: Types of Transactions.
3. Concept and Types of Exchange Rate Risk: Conversion Risk, Transaction Risk, Economic Risk. Measurement and Analysis.
4. Managing Conversion Risk.
5. Managing Transactional Risk.
6. Managing Economic Risk.
7. Capital Budgeting for International Investment Projects: Efficiency Analysis and Risk Factors.
8. Long-Term International Financing: Funding Sources, Strategies, Valuation, and Cost of Capital Analysis.
9. Short-Term International Financing.
10. Financial Flows in International Enterprises: Optimization.
11. Evaluating the Financial Position of International Enterprises: Identification of Issues.
Type of course
Mode
Learning outcomes
Upon completion of the course, the student:
Knowledge:
• Knows and understands research methodology and terminology related to financial management in businesses operating within global markets (S3_W01) (K_W01).
• Knows and understands the principles, methods, and procedures associated with financial management in businesses operating within global markets (S3_W02) (K_W02).
• Knows and understands economic theories and models relevant to financial management in businesses operating within global markets (S3_W03) (K_W03).
• Knows and understands how to identify, diagnose, and resolve problems related to financial management in businesses operating within global markets (S3_W05) (K_W05).
Skills:
• Can effectively apply financial management theories to identify, diagnose, and resolve issues related to financial management in businesses operating within global markets (S3_U01) (K_U01).
• Is able to interpret complex social, political, legal, economic, and environmental processes and phenomena, and assess their impact on the finances of businesses operating within global markets (S3_U02) (K_U02).
• Can independently and collaboratively prepare analyses, diagnoses, and reports, considering the complex processes that influence business values (S3_U03) (K_U03).
• Is able to plan and organize individual and team efforts when solving problems and managing finances in businesses operating within global markets (S3_U04) (K_U05).
• Is able to self-educate and continuously develop acquired qualifications (S3_U05) (K_U06).
Attitudes: • Is ready to assess and adopt a critical approach to complex situations and phenomena related to financial management in businesses operating within global markets (S3_K01) (K_K01).
Assessment criteria
The learning assessment will be based on:
1. A written final exam (multiple-choice questions and 2 problem-solving tasks).
2. A team project (3-4 students).
The weight of each assessment component will be as follows:
• Final exam – 80%
• Group project – 20%
Bibliography
1. Najlepszy Eugeniusz (2013) „Finanse międzynarodowe przedsiębiorstw”, PWE,
2. Jeff Madura, Ariful Hoque, Chandrasekhar Krishnamurti; (2022) International Financial Management Cengage AU,
3. Szopa Andrzej, (2012) „Podstawy inżynierii finansowej”, Wolters Kluwer, 2012
4. Jeff Madura “International Financial Management 12th Edition Cengage Learning 2015.