Course Specification¹

Please note: there may be some adjustments to the teaching arrangements published in this course specification.
Given current circumstances related to the Covid-19 pandemic it is anticipated that some usual arrangements for
teaching on campus will be modified to ensure the safety and wellbeing of students and staff on campus; further
adjustments may also be necessary, or beneficial, during the course of the academic year as national requirements
relating to management of the pandemic are revised.

1. Course Code:

ACCFIN4015

2. Course Title:

International Financial Management

3. Academic Session:

2020-21

4. Academic Level (see Scottish Credit and Qualifications Framework Levels):

Level 4 (SCQF level 10)

5. Credits:

20

6. Short Description of the Course:

The course explores the complexities of corporate financial management in an international setting,
where companies are subject to various risks including exchange rate, political and financing. The
course emphasises the practical implications of finance theory and its application in international
financial management.

7. Requirements of Entry:

Normally a grade D3 or above in Finance 2, or equivalent.

8. Co-requisites (courses that must be taken in the same session as this course as a condition of
enrolment):

This specification provides a concise summary of the main features of the course and the learning outcomes that a typical student
might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided. More
detailed information on the learning outcomes, content and teaching, learning and assessment methods of each course can be found in
course handbooks and other course documentation and online at www.gla.ac.uk

CourseSpecification2020-V1 Page 1 of 6
9. Excluded Courses:

10. Associated Programmes:

BAcc Accountancy
BAcc Accountancy with Finance
BAcc Accountancy with International Accounting
BAcc Accountancy with Languages
BAcc Accountancy And Economics
BSc Finance and Mathematics
BSc Statistics and Finance

11. Available to visiting students:

Yes

12. Available to Erasmus students:

Yes

13. Typically offered:

Semester 1

14. Timetable (if known) and length and frequency of teaching sessions:

Lectures: One 3-hour lecture a week for 4 weeks, and then one 2-hour lecture for the remaining 6
weeks.
Tutorials: 1-hour for 4 Weeks.

Lecture timeslots are available on MyCampus. Tutorials are held at various times and can be selected
on MyCampus.

15. Course Aims:

The course explores the complexities of corporate financial management in an international setting,
where companies are subject to exchange rate risk. Exchange rate theories and their practical
implications are analysed, as well as the merit of foreign exchange risk management. The course also
aims to provide students with a thorough understanding of international investment and financing
decisions. The course emphasises the practical implications of finance theory and its application in
international financial management.

16. Intended Learning Outcomes of Course:

1) Discuss the additional complexities financial managers face as they move from a domestic to an

This specification provides a concise summary of the main features of the course and the learning outcomes that a typical student
might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided. More
detailed information on the learning outcomes, content and teaching, learning and assessment methods of each course can be found in
course handbooks and other course documentation and online at www.gla.ac.uk

CourseSpecification2020-V1 Page 2 of 6
 international arena.
2) Present the central roles of finance theories in dealing with the complexities faced by financial
managers in this environment.
3) Work in groups to critically evaluate recent articles with reference to principles and practices learnt
on the course.
4) Work individually on a written report on international financial management aspects related to the
recent financial crisis, the Eurozone crisis or public policy choices that are related to international
financial management.

17. Learning and Teaching Methods:

Method Formal Notional Learning
Contact Hours Hours (including formal
contact hours)
Lecture 24.00 24.00
Seminar 0.00 0.00
Tutorial 4.00 4.00
Project Supervision 0.00 0.00
Demonstration 0.00 0.00
Practical Classes and Workshops 0.00 0.00
Supervised time in studio / Workshop 0.00 0.00
Fieldwork 0.00 0.00
External Visits 0.00 0.00
Work Based Learning 0.00 0.00
Guided Independent Study Not Applicable 172.00
Placement 0.00 0.00
Year Abroad 0.00 0.00
TOTAL ** Expression 0
is faulty **
18. Minimum Requirement for Award of Credits:

None

19. Summative Assessment Methods:

Method %
Written Exam 75.00%
Written Assignment, including Essay 25.00%
Report 0.00%
Dissertation 0.00%
Portfolio 0.00%
Project Output (Other than dissertation) 0.00%
Oral Assessment & Presentation 0.00%
Practical Skills Assessment 0.00%
Set Exercise 0.00%
TOTAL 0

20. Description of Summative Assessment:

This specification provides a concise summary of the main features of the course and the learning outcomes that a typical student
might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided. More
detailed information on the learning outcomes, content and teaching, learning and assessment methods of each course can be found in
course handbooks and other course documentation and online at www.gla.ac.uk

CourseSpecification2020-V1 Page 3 of 6
Written assignment (25%) and degree examination (75%).
Intended Learning Assessment Weighting Word Length/ Duration
Outcomes
3, 4 and 5 Written Assignment 25% 2,000-2,500 Words
1, 2,5 and 6 Degree Exam 75% 2 Hours

21. Are reassessment opportunities normally available for all summative assessments in this course?:

Not applicable

Reassessments are normally available for all courses, except those which contribute to the Honours classification.
For non-Honours courses, students are offered reassessment in all or any of the components of assessment if the
satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for
undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer
reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted
towards the final course grade. Any such exceptions for this course are described below.

22. Formative Assessment & Feedback:

While part of the summative assessment, the coursework will provide important formative assessment, through
written feedback on student performance.  Tutorial attendance is compulsory, and tutorials provide an important
means for students to evaluate their performance during the course.  Tutorials will also be used to identify students
at risk.

Informal oral feedback on tutorial performance. Feedback on coursework is formative as well as summative.

23. Grading Basis (see University Calendar):

Schedule A

24. Examination Diet:

December

25. Total Exam Duration (Excluding in-class tests):

120 minutes

26. Short Title:

International Financial Mgt

27. Independent Work (i.e. the result for this course can be used to meet the generic Honours requirement
to achieve a grade D3 or better in a piece of independent work worth at least 20 credits or the generic PGT
requirement to achieve a D3 or better in a piece of independent work worth at least 60 credits – normally a
Dissertation or Project):

No

This specification provides a concise summary of the main features of the course and the learning outcomes that a typical student
might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided. More
detailed information on the learning outcomes, content and teaching, learning and assessment methods of each course can be found in
course handbooks and other course documentation and online at www.gla.ac.uk

CourseSpecification2020-V1 Page 4 of 6
28. Subject:

Accounting and Finance

29. Location(s):

Main Campus

30. College:

College of Social Sciences

31. Lead School/Institute:

Adam Smith Business School [REG40100000]

32. Cost Centre:

BS - Accounting and Finance [40101000]

33. Is this course collaborative with another institution?:

No

34. Teaching Institutions:

University of Glasgow

35. Taught wholly by distance learning:

No

36. Open Studies Credit Bearing:

No

37. Represents a work placement or period of study abroad:

No

41. Additional Relevant Information (if applicable):

42. Date of approval:

This specification provides a concise summary of the main features of the course and the learning outcomes that a typical student
might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided. More
detailed information on the learning outcomes, content and teaching, learning and assessment methods of each course can be found in
course handbooks and other course documentation and online at www.gla.ac.uk

CourseSpecification2020-V1 Page 5 of 6
 This specification provides a concise summary of the main features of the course and the learning outcomes that a typical student
might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided. More
detailed information on the learning outcomes, content and teaching, learning and assessment methods of each course can be found in
course handbooks and other course documentation and online at www.gla.ac.uk

CourseSpecification2020-V1 Page 6 of 6