| Unit name | International Finance |
|---|---|
| Unit code | ECONM2031 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Khachatryan |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
As national economic boundaries have been eroded and the international elements of business have expanded, an understanding of the operation of international financial markets is becoming ever more important. This unit examines the risks and opportunities available within an international environment. It covers the international parity relations, exchange rate determination, international stock markets and the assessment and management of risk.
The unit aims to provide a good grasp of international arbitrage relationships and models of exchange rate determination, and to consider how the risks associated with operating in an international environment can be evaluated and managed.
Having successfully completed this unit students will be able to;
1. Describe the international arbitrage relationships and understand why deviations may occur.
2. Outline the theories underlying the determination of exchange rates.
3. Understand the risks and opportunities offered in by international investment environment, and strategies for mitigating these risks.
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
Summative assessment:
This unit will be assessed by 100% coursework (2000 words) – testing learning outcomes ILO1, ILO2, ILO3.
Any re-assessment required will be a like for like assessment.
Formative assessment:
Group presentations within tutorials.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECONM2031).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
