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| FINA0059-1 | Multinational Financial Management
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| Duration : | 30h Th |
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| Number of credits : |
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| Lecturer : | Marie Lambert |
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Language(s) of instruction :
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| English language |
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Organisation and examination :
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| Teaching in the second semester |
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Course contents :
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| The purpose of the course of "Multinational Financial Management" is to provide a comprehensive framework for understanding multinationals' key economic decisions.
The course is structured in three parts. The objective of the first module is to understand the foundations of international finance such as exchange rate dynamics, the underlying mechanisms of international parity relationships and international investment concepts and theories. The second and third modules consider several of the central economic decisions multinational firms must make concerning capital structure, capital budgeting and risk management.
Outline
Part I : Foundations of international finance : the market for foreign exchange, international parity relationships and international portfolio investments
Part II: Financial management of a multinational firm: international capital structure and cost of capital, international capital budgeting
Part III: Risk management of a multinational firm: political risk, managing economic, transaction and translation exposures |
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Learning outcomes of the course :
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| Specific guidelines for making economic decisions in an international context, case studies
Intended Learning Outcomes addressed by the courses :
- Strengthening knowledge and understanding of basic management disciplines in order to use them to perform a rigorous analysis of a management situation and provide pertinent solutions
- Gaining the knowledge and understanding of one of the following fields: supply chain management, financial engineering, performance management systems or intrapreneuriat; being able to mobilize them in order to solve concrete management problems or cases
- Ability to speak 2 foreign languages: C1 in English and B2 in one other language
- Capacity to research autonomously and methodically the information needed to solve a complex, transversal management problem, to perform a rigorous analysis of it and to suggest pertinent solutions
- Understanding and being capable of using modelization methods when seeking a solution for a concrete management problem
- Being capable of professional team work
- Developing a critical sense (arguing)
- Creative conception of solutions
- Professional capacity for oral communication
- Professional capacity for written communication
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Prerequisites and co-requisites/ Recommended optional programme components :
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| Financial mathematics, Financial markets |
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Planned learning activities and teaching methods :
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| Lectures and case studies |
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Mode of delivery (face-to-face ; distance-learning) :
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Recommended or required readings :
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| Eun and Resnick, International Financial Management, McGraw-Hill |
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Assessment methods and criteria :
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| - Collective work : case studies in groups and presentations (35% of the final mark)
- Class participation (30%)
- Final exam (35%)
Relative weighting of individual assessment : 65% |
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Work placement(s) :
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Organizational remarks :
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Contacts :
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| Marie Lambert - marie.lambert@ulg.ac.be |
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