2019/20 Undergraduate Module Catalogue

LUBS3620 International Business Finance

10 creditsClass Size: 123

Module manager: Bin Xu
Email: B.Xu@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2019/20

Pre-requisite qualifications

LUBS1950 Economic Theory and Applications 1
AND EITHER
LUBS2205 Corporate Finance
OR
LUBS2206 Corporate Financial Management

This module is mutually exclusive with

LUBS2035

Finance for Small Business

This module is not approved as a discovery module

Objectives

The module is designed to provide a conceptual framework within which the key financial and strategic decisions of a multinational company can be analysed. It also includes an essential introduction to the foreign exchange markets.

On completion of this module, students should have acquired an appreciation of the functions of multinationals as well as the external environment in which they must operate.

Learning outcomes
Upon completion of this module students will be able to:
- Demonstrate a depth of understanding of the key determinants of foreign exchange rates and activity of foreign exchange markets
- Critically evaluate the concepts and techniques involved in managing the rate risk
- Analyse and evaluate the use of various hedging instruments (e.g. forward, futures, options, swap)

Syllabus

- An overview of international financial management
- The international monetary system
- The foreign exchange market
- International parity relationships
- Dealing with financing, investment and currency risk in the international setting, using options, futures, swaps and including hedging and exposure management
- The relation between multinationals and their overseas subsidiaries
- Foreign direct investment decisions
- Financing corporations in an international context.

Teaching methods

Delivery type	Number	Length hours	Student hours
Workshop	5	1.00	5.00
Lecture	11	2.00	22.00
Private study hours			73.00
Total Contact hours			27.00
Total hours (100hr per 10 credits)			100.00

Private study

For each 10 credits of study taken, the expectation is that the normal study time (including attendance at lectures and tutorials, self-study and revision) is 100 hours.

Opportunities for Formative Feedback

Formative feedback will be provided to students in class discussions and as they work through practical exercises to test their understanding of module material.

Students can also obtain feedback on a one-to-one basis from the module leader outside the class setting.

Methods of assessment

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc)	2 hr 00 mins	100.00
Total percentage (Assessment Exams)		100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 30/04/2019

Disclaimer

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