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AFM335 International Financial Management

Updated: 04 March 2013
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study
Armidale Trimester 2 Off Campus
Armidale Trimester 2 On Campus
Intensive School(s) None
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 financial structure, foreign exchange risk and management, 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, interest rate movements and political risks. This unit focuses on these managerial issues from an applied perspective.

Important Information

Where calculators are permitted in examinations, it must be selected from an approved list, which can be accessed from the Further Information link below.

Further information

Materials Textbook information will be displayed approximately 8 weeks prior to the commencement of the teaching period. Please note that textbook requirements may vary from one teaching period to the next.
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment Assessment information will be published prior to commencement of the teaching period.
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. Knowledge of the disclipline will be practised and assessed through the Assignments and Final Examination.
True True True
2 Communication Skills
Written communication skills are taught, assessed and practised via the assessments. In particular, instructions and assistance are provided with regard to referencing. Feedback sheets are provided to students individually and a summary of common issues is provided online.
True 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 and multinational firms, in conjunction with aspects of international economics. These are practised and assessed through the assignments and final examination.
True True True
4 Information Literacy
This is practised through the use of the internet, assignment preparation and online participation. 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 skills are taught and practised through assignment and examination preparation. Furthermore, students learn life skills in the area of international finance such as how to interpret and analyse 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 financial risk management and mathematical finance problem solving.
True True True
7 Social Responsibility
Examples of good and bad social responsibility practises are provided in the unit content. In particular, issues of corporate social responsibility are considered in discussions.
True True
8 Team Work
Students are encouraged to practise teamwork in broad terms e.g. in online discussions and class participation, particularly in answering tutorial questions.
True
   

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