Skip navigation to main content

You are here: UNE Home / Course and Unit Catalogue / 2010 / A-Z / AFM335

Sub sections:

Quick Search

Quick Links

Year:

AFM335 International Financial Management

Updated: 28 April 2010
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study Online Level
Armidale Semester 2 Off Campus C - Internet access required
Armidale Semester 2 On Campus C - Internet access required
Intensive School(s)
Start Finish Attendance Notes
14 September 2010 15 September 2010 Non-Mandatory
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites AFM231
Co-requisites None
Restrictions AFM435
Notes None
Combined Units None
Coordinator(s) Martin Hovey (mhovey@une.edu.au)
Unit Description

This unit introduces students to financial decision making in an international context. It focuses on issues relating to working capital management, capital budgeting, cost of capital and financial structure from the perspective of multinational firms. Unlike the domestic firm, the multinational firm deals with some unique issues such as multiple currencies with frequent exchange rate movements, differing tax systems, multiple financial markets and political risks. This unit focuses on these managerial issues from a practical perspective.
Prescribed Material
Mandatory 		Text(s):

Note: Students are expected to purchase prescribed material

Multinational Financial Management
ISBN: 9780470415016
Shapiro, A.C., John Wiley 9th ed. 2009
Text refers to: Semester 2 , On and Off Campus
Recommended Material
Optional 		Text(s):

Note: Recommended material is held in the University Library - purchase is optional

International Finance: An Analytical Approach
ISBN: 9780070278516
Moosa, I.A., McGraw-Hill 3rd ed. 2009
Text refers to: Semester 2 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Title Exam Length Weight Mode No. Words
Assignment 1 20% 2000
Assessment Notes
Essay and quantitative problems
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-3 GA: 1, 2, 3, 6
Assignment 2 20% 2000
Assessment Notes
Quantitative problems
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 2, 3 GA: 1, 2, 3, 6
Final Examination 2 hrs 60%
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO:1-3 GA: 1, 2, 3, 6

Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. describe the theory of international financial decisions;
  2. explain the application of the theoretical concepts involved in international financing and investment decisions; and
  3. use appropriate analytical techniques in the field of international finance.

Graduate Attributes (GA)
Attribute Taught Assessed Practised
1 Knowledge of a Discipline
Students will develop an increased knowledge of the discipline through the learning and teaching activities associated with the unit. The particular focus is on international finance, foreign exchange and other risk management, along with some aspects of international economics, importing and exporting. 		True True True
2 Communication Skills
Written communication skills are assessed and practiced via assignment work. In particular, instructions and assistance is provided with regard to referencing using the Harvard system. Feedback sheets are provided to students individually and a summary of common issues is provided online. 		True True
3 Global Perspectives
The unit content provides students with a global perspective of financial and economic considerations. As previously stated, the unit has a focus on international finance, foreign exchange, multinational firms, in conjunction with aspects of international economics. 		True True True
4 Information Literacy
Practiced through use of internet, assignment preparation, blackboard etc. Students are encouraged to use online facilities, search for financial information online, and seek foreign exchange and firm data online. Students are also given assistance with the use of spreadsheets. 		True
5 Life-Long Learning
Lifelong learning academic skills are taught and practiced through assignment and examination preparation. Furthermore, students learn life skills in the area of international finance such as how to interpret and analyse communications, reports and media assertions with regard to the discipline. 		True True
6 Problem Solving
Assessments are focused on problem solving skills in financial areas. Specifically included are minimizing the costs and risks associated with multinational operations, problem solving in operational planning and capital budgeting, and effective management of a firm's international exposure, global financings and risks. There is a focus on mathematical finance problem solving. 		True True True
7 Social Responsibility
Examples of good and bad social responsibility practices are provided in the unit content. In particular, issues of corporate social responsibility are considered in discussions. 		True
8 Team Work
Students are encouraged to practice teamwork in broad terms e.g. in on-line discussions and class participation, particularly in answering tutorial questions. 		True
   

Email to a friend