cod. 1004053

Academic year 2012/13
3° year of course - First semester
Academic discipline
Economia degli intermediari finanziari (SECS-P/11)
Type of training activity
63 hours
of face-to-face activities
9 credits
hub: PARMA
course unit
in - - -

Learning objectives

The course is focused on multinational corporate finance. Students will understand international finance from both corporate and international banking viewpoints, as well as financial constraints on international business and differences between domestic and international environments. They will examine the international monetary system, measurement and management of foreign-exchange and interest rate risk exposure, international financial markets and banking, import/export financing, and multinational capital budgeting.


Basic knowledge on corporate finance and the economics of financial intermediaries
and markets

Course unit content

Globalization and the Multinational Enterprise

The International Monetary System

International Parity Conditions

The Foreign Exchange Market

Foreign Currency Derivatives

Interest Rate Exposure and Cross Currency Swaps
Exchange Rate Determination & Forecasting

The Global Cost and Availability of Capital

Sourcing Equity Globally
Sourcing Debt Globally

Foreign Direct Investment Theory & Strategy
Multinational Capital Budgeting

Risk measurement and management

Full programme

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David K. Eiteman, Arthur I. Stonehill, and Michael H. Moffett "Multinational Business Finance: Global Edition", 13/e, Prentice Hall, October 2012.

Teaching methods

Lessons, exercises and case studies

Assessment methods and criteria

Written exam

Other information

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