FI5607 International Financial Management

Academic year

2024 to 2025 Semester 1

Further information on which modules are specific to your programme.

Key module information

SCOTCAT credits

20

The Scottish Credit Accumulation and Transfer (SCOTCAT) system allows credits gained in Scotland to be transferred between institutions. The number of credits associated with a module gives an indication of the amount of learning effort required by the learner. European Credit Transfer System (ECTS) credits are half the value of SCOTCAT credits.

SCQF level

SCQF level 11

The Scottish Credit and Qualifications Framework (SCQF) provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.

Planned timetable

To be arranged.

This information is given as indicative. Timetable may change at short notice depending on room availability.

Module coordinator

Dr X Chen

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module Staff

Dr Xing Chen

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module description

From daily financial management to long term strategic decision making, a full understanding of international finance is essential for all business managers. This module begins with the international monetary frameworks and the conduct of monetary policies in major developed economies. An essential feature of international finance is the crucial role of foreign exchange rate when cross-border transactions and capital flows occur. The determination and forecast of exchange rates and their interdependence with interest rates is discussed, together with the international money and capital markets and capital flows. Recent decades saw an explosion of new derivative products to hedge risks and an understanding of basic derivatives such as options and future/forward is required of the modern business manager.

Assessment pattern

100% coursework

Re-assessment

100% exam

Learning and teaching methods and delivery

Weekly contact

One two-hour lecture (x 10 weeks), one hour tutorial (x4 weeks), 2 hours consultative hours (weekly)

Scheduled learning hours

33

The number of compulsory student:staff contact hours over the period of the module.

Guided independent study hours

167

The number of hours that students are expected to invest in independent study over the period of the module.

Intended learning outcomes

  • Understand the operation of foreign exchange market and perform exchange rate related calculations
  • Understand exchange rate determination and international parity relationships
  • Appreciate different exchange rate regimes and understand the causes of some high-profile currency crises
  • Understand currency risk exposures and use various financial tools to hedge such risks
  • Understand international portfolio investment and the concept of diversification and financial integration
  • Understand major investment vehicles and their similarities and differences