Professional Documents
Culture Documents
BSMM‐8120: Finance in a Global Perspective
Class number: 4605; Section 3
Master of Management
Winter 2022
Class meetings Online/Asynchronous (Lectures are pre‐recorded)
Instructor Professor M. MOUGOUE, PhD
Eun, Resnick, and Chuluum “International Financial Management” (9th edition,
International Student Edition), McGraw‐Hill, ISBN: 978‐1‐260‐57531‐6.
Textbook
Recommended calculator: Texas Instruments BA II Plus Professional
Academic Director Dr. Christopher Fredette Email fredette@uwindsor.ca
Program
Robyn Herman Email hermanr@uwindsor.ca
Administrator
Student Experience
Jacqueline Hebert Email j.hebert@uwindsor.ca
Coordinator
Career Advisor
Clementa Stan Email cstan@uwindsor.ca
Coordinator
The Odette School of Business and the University of Windsor sit on the Traditional territory of the Three
Fires confederacy of First Nations, comprised of the Ojibway, the Odawa, and the Potawatomie.
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CALENDAR DESCRIPTION:
A study of concepts and principles of financial management of the business enterprise within the global
financial environment. Emphasis will be placed on the contemporary and emerging hardware/software
tools, information management, and information technology. Following an introduction of domestic and
international financial markets and instruments, the concepts of value, risk, and efficient markets will be
covered. Capital budgeting, financial analysis and planning, and short‐term financial management will also
be introduced. With these concepts in hand, the student will learn how to envision, design, and evaluate
computer‐based solutions for typical business problems.
COURSE DESCRIPTION:
This course is designed to provide students with the tools to think globally and manage
internationally. Technology advancement and globalization have created tremendous impacts on the
environment for international business. A new set of skills and knowledge are required to conduct
international business effectively in the constantly changing global environment. This course covers a
wide range of topics including, the global trade and investment environment, the international firm's
cultural, political, and competitive environment, and the management and operations of international
firms. The focus throughout the course is on the changes that occur when a firm moves from a
domestic focus to a global one.
LEARNING OBJECTIVES:
By the end of the course, students will be able to understand:
the international trading environment and theories of international trade and commerce
the economic and social arguments for and against free trade and globalization
the cultural, legal, political and economic influences governing doing business overseas
the world financial environment including foreign exchange and capital markets and the
determination of exchange rates
the variety of strategic alternatives for multinational enterprises (MNEs) including their strategies
for country evaluation and direct investment as well as strategies based on collaboration through
joint ventures and strategic alliances
the practice of management of international operations namely, international marketing,
manufacturing, including outsourcing abroad, accounting for international operations, managing
finance on a worldwide basis, and management of the international workforce
Our human obligation to help understand and resolve the economic problems of poor nations.
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MASTER OF MANAGEMENT ASSURANCE OF LEARNING (AOL) GOALS AND COMPETENCIES:
Each Odette Program has competencies. Together, these define the knowledge, skills, and values
possessed by our graduates. This course contributes to the following Master of Management program
competencies through the course competencies listed below.
For BSMM‐8120 the following competencies are taught and tested where indicated:
Program Competencies Course Competencies Tested by
Mid‐term Exam
International Business Knowledge Summarize the importance of different Final Exam
C8 Summarize the importance of contextual factors in order to formulate Group Project
different international contextual innovative ideas about what could
factors to formulate innovative constitute success in the conduct of
ideas about what could constitute business in various cultures.
business success.
BLACKBOARD LEARN
Use of Blackboard is required in this course. Please check Blackboard Learn frequently for announcements,
course materials and your grades. You will use Blackboard to access most of the course materials, particularly
lecture slides and case assignments. You will also use Blackboard to access various tools and features
including weekly announcements and group discussion boards. Additionally, you will use Blackboard to
submit your group case reports and peer evaluations.
I expect all of you to log in to Blackboard at least twice weekly to ensure that you are up to speed with latest
course developments.
Note: Blackboard only uses UWindsor accounts so make sure that you activate your University of Windsor
e‐mail account if you have not done so already.
COMMUNICATION
Please note I will not respond to communication (by E‐mail or otherwise) that asks for information that I
have already shared with the class through: (i) the syllabus; (ii) E‐mail; (iii) announcement on the Blackboard;
(iv) documents posted on the Blackboard; It is your responsibility to keep track of course‐related information
that I share with the class. We will observe the strictest code of professionalism in this matter. Remember
that in the workplace seeking information that you are expected to know from your managers or other
superiors might result in a negative impact on your status in the company. Asking for information that has
already been shared with you and your peers is a mark of extreme irresponsibility and is likely to result in
negative outcomes in the workplace. I recommend that you treat your studentship as a training ground for
corporate professionalism and develop productive habits such as not asking for information that you are
expected to know.
As a policy I generally respond to emails within 48 hours of receiving them. Kindly copy Mr. Tanvir
Ahmed, the Lead Teaching assistant, on all your emails to facilitate coordination.
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COURSE CONTENT:
Date Topic Reading Assignment
Monday, January 24 Meet & Greet from 11:AM till 11:45 AM, EST
(Attendance is optional)
Wednesday, January 26 Globalization and the Multinational Firm Chapter 1
Monday, January 31 International Monetary System Chapter 2
Wednesday, February 2 Corporate Governance around the World Chapter 4
Monday, February 7 The Market for Foreign Exchange Chapter 5
International Parity Relationships & Forecasting
Wednesday, February 9 Chapter 6
Foreign Exchange Rates
Monday, February 14 International Banking & Money Market Chapter 11
Wednesday, February
International Bond Market Chapter 12
16
Monday, February 21
Family Day Holiday: University closed
Wednesday, February
Reading week (no classes)
23
Monday, February 28 International Equity Markets Chapter 13
Chapters 1, 2, 4, 5,
Wednesday, March 2 Midterm Examination 6,
11, 12, and 13
Monday, March 7 Futures & Options on Foreign Exchange Chapter 7
Wednesday, March 9 Futures & Options on Foreign Exchange Chapter 7
Monday, March 14 Interest Rate and Currency Swaps Chapter 14
Wednesday, March 16 International Portfolio Investment Chapter 11
Foreign Direct Investment & Cross‐Border
Monday, March 21 Chapter 16
Acquisitions
International Capital Structure and the Cost of
Wednesday, March 23 Chapter 17
Capital
Monday, March 28 International Capital Budgeting Chapter 18
Wednesday, March 30 Multinational Cash Management Chapter 19
Monday, April 4 International Trade Finance Chapter 20
Wednesday, April 6 Group project due
April 11‐15 Make‐up week
TBA Final Examination
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KEY DATES FOR EXAMS/ASSIGNMENTS:
The above schedule is subject to change. Students will be notified of any changes. Additional readings
may be assigned as necessary. Student Evaluation of Teaching will be administered during the last
two weeks of class.
Date Exam/Assignment
Wednesday, March 2 Midterm examination (Chapters 1, 2, 4, 5, 6, 11, 12, and 13)
Wednesday, April 6 Group Report due
TBD Final Examination (Chapters 7, 11, 14, 16, 17, 18, 19, and 20)
OTHER KEY DATES FOR WINTER 2022
January 3 University reopens
January 24 Winter 2022 Classes Begin
January 28 Add/Drop Day
February 21 Family Day
February 22 – 24 Reading Week
February 25 University closed
March 16 VW Day
March 21‐ 25 Student Evaluation of Teaching Distributed
April 8 Last Day of Classes
April 11 – 15 Make‐up week
April 20 Final Exams Begin
April 15 Good Friday
April 29 Final Exams End
GRADING:
Grades will be assigned on the following basis:
%
Midterm Examination 25%
Final Examination 25%
Assignments 25%
Group Report 25%
TOTAL 100
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GRADING SCALE POLICIES:
All course work is to be marked and final grades submitted using the 100% scale beginning September 1,
2013. In accordance with the Senate resolution, instructors are to submit whole numbers (e.g., 88, 76,
etc.) as percentages. The following University‐wide grade descriptors are in effect and will be printed on
the back of transcripts:
Letter Grade Percentage Range
A+ 90‐100
A 85‐89.9
A‐ 80‐84.9
B+ 77‐79.9
B 73‐76.9
B‐ 70‐72.9
C+ 67‐69.9
C 63‐66.9
C‐ 60‐62.9
F 0‐59.9
EXAM/ASSIGNMENT DESCRIPTIONS:
Midterm Examination
The exam covers Chapters 1, 2, 4, 5, 6, 11, 12, and 13. Exam is take‐home, open‐book and open‐notes and
consists solely of mini‐essays and problems.
Final Examination
The final exam covers materials covered after the midterm exam. Exam questions are drawn from Chapters
7, 11, 14, 16, 17, 18, 19, and 20. Similar to the mid‐term exam, the final exam is take‐home, open‐book and
open‐notes and consists solely of mini‐essays and problems.
Below are specific instructions about the midterm and final examinations:
1. Each exam will be available for 12 hours, from 10:00 AM EST to 10:00 PM EST to accommodate
students in different time zones.
2. You may use your financial /scientific/graphing calculator for midterm and final exams.
3. Sharing any exam materials/formula sheet is not allowed and constitutes cheating.
4. By proceeding with the exam, you are consenting to abide by the University of Windsor Academic
Integrity Code for the duration of the examination.
Assignments
At the end of certain chapters there will be an online assignment on Connect1. You will have 72 hours to
1
Follow the steps below to sign up for Connect.
• Sign into your school's Blackboard.
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complete each assignment which will generally be available during the weekend. You will be informed when
each assignment will be available. There will be approximately six to eight assignments in the semester and
each assignment will be equally‐weighted towards your final grade. These are individual assignments and
any collaboration will be viewed as academic misconduct. There will be no make‐up assignments.
Group Report
For this class each of you will be randomly assigned to a group of X students, where X is based on class size
on the first day of the term. You will be able to view your groups on Blackboard under the “Groups” Tab.
Here you will find your group discussion board which you can use to communicate with other group
members. Specifically, you can use these group discussion boards to chat, send emails and exchange files
related to your respective case studies with other members of your group. As a group you will submit a
written group report on a topic selected by you and approved by the instructor (me). I will assign you a topic
if you fail to submit one for my approval within two weeks of the start of the semester. Your report is
limited to a maximum of ten single‐spaced pages (main body) plus a cover page, and no more than five pages
of attachments/appendices. You should attempt to write it in a compendious style (i.e., comprehensive, yet
concise). It should have appropriate margins (1” all around), use a 12‐point font, and include appropriate
footnotes or endnotes where required. Appendix 1 provides a format and rubric for written reports while
Appendix 2 provides additional guidance for writing a good report.
ODETTE SCHOOL OF BUSINESS COURSE POLICIES:
Please refer to the Odette School of Business Course Policies document for specific information
on the following subjects. This Course Policies document is available electronically on each
course BLACKBOARD site and in paper form outside each Area Secretary’s office on the 4th floor
of the Odette building. (Adopted Fall 2009)
Academic Integrity and Code of Conduct
Missed Exams and Late Assignments
Registration, Adding, and Dropping
Courses Odette School of Business Grade
Conversion Scale Odette School of
Business Grading Policy Student
Evaluation of Teaching (SET)
MASTER OF MANAGEMENT PROGRAM ETIQUETTE:
The Master of Management is a culturally inclusive program where students, faculty and staff
recognize, appreciate, and benefit from diversity so as to enhance the learning experience. Promoting
a culturally inclusive learning environment encourages individuals to collaborate and develop
intercultural respect.
The following outlines the protocol for Master of Management students while they are at the
University of Windsor:
• Go to your instructor's course.
• Go to the "Tools" menu.
• Click on the "McGraw-Hill Higher Education" link.
• Below "My Connect Section", click Go to My Connect Section.
• Follow the on-screen instructions to register.
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All students will communicate in English at all times. It is important for students to continually
improve language skills and be inclusive of others from different backgrounds.
Students will demonstrate respectful behavior toward their peers and professors, regardless
of culture, language, values, beliefs, or ideas.
SECONDARY DATA USE, EVALUATION, FOCUS GROUPS AND INTERVIEWS:
This course will be evaluated as part of internal or external quality assurance processes and reporting
requirements to funding agencies and as research data for scholarly use. As a student in this course
your online student data will be used for evaluating the course delivery and your engagement in the
various aspects of the course. This will only occur after final grades have been submitted and
approved so it will no effect on your grade. This course data provides information about your
individual course usage and activity during the time that you are enrolled in the course. Your
anonymized, aggregated data may also be used in the future in reports, articles or presentations.
During the final week of the course you may also be invited to participate in further research about
the course. If you decide to participate you may be asked to fill out anonymous online
questionnaires that solicit your impressions about the course design and student learning in the
course. The survey participation is voluntary and no questions of a personal nature will be asked.
Your participation will have no effect on your grade and your instructor will not know who
participated in the surveys.
Finally, at the end of the survey you may also be asked if you want to participate in a focus group
or interviews after final grades have been assigned to gather yours and other student opinions
about specific course delivery methods and technologies used.
COMMITMENT TO STUDENT WELLNESS:
Feeling Overwhelmed?
From time to time, students face obstacles that can affect academic performance. If you
experience difficulties and need help, it is important to reach out to someone.
For help addressing mental or physical health concerns on campus, contact (519) 253‐3000:
‐ Student Health Services at ext. 7002 (http://www.uwindsor.ca/studenthealthservices/)
‐ Student Counselling Centre at ext. 4616 (http://www.uwindsor.ca/studentcounselling/)
‐ Peer Support Centre at ext. 4551
24 Hour Support is Available
‐ My Student Support Program (MySSP) is an immediate and fully confidential 24/7 mental health
support that can be accessed for free through chat, online, and telephone. This service is available to all
University of Windsor students and offered in over 30 languages. Call: 1‐844‐451‐9700, visit
https://keepmesafe.myissp.com/ or download the My SSP app: Apple App Store/Google Play.
A full list of on‐ and off‐campus resources is available at http://www.uwindsor.ca/wellness.
Should you need to request alternative accommodation contact your Instructor, Program Administrator,
or Director.
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Appendix 1: Format and Rubric for Written Report
Letter Grade
Very Good ‐
Very Poor
Excellent
Good
Poor
Fair
D
A
B
Criteria (Weight %)
C
F
Comments
Form + Style (20%)
Grammar, spelling + readability
Effective use of thesis statements
Professional appearance, e.g., page numbers and
titles for tables, charts + appendices
Integration between sections of report
Key Issue(s) (5%)
Concise identification of main issue(s)
Analysis (30%)
External + internal overview
Correct use of financial concepts + frameworks
Use of qualitative + quantitative data, including
financial analysis of firm
Insightful evidence‐based development and
evaluation vs. repetition of case details
Effective summation of external +internal analysis
[Criteria and Options] + [Recommendations] (15%)
Identification + use of suitable decision criteria to
rank options
Development of practical options in relation to
identified issue(s) + prior analysis
Qualitative + financial evaluation and comparison
of options
Recommendations (10%)
Justification and Integration of recommendations
Implementation (20%)
Detailed + practical action to put recommendations
in place (both short & long‐run)
Timeline of sequence of actions, e.g. Gantt chart
Controls + timeline to measure if plan is on track
Contingency plan
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Appendix 2. Guidance for Group Written Report
* Show all the work for the analytical part in exhibits in FOOTNOTES. Footnotes should be used to specify
formula used and computation of numbers. Numbers in exhibits should be 10 or 11 font size while
footnotes should be size‐10 font.
* The appendix containing graphs and exhibits must be reasonable in length, and must not be a verbal
addendum to the text portion.
* Answers must be concise but thorough.
* If the group uses spreadsheets, convert them to professional looking tables or exhibits. Reference all
exhibits/tables in the main text. Otherwise, discard that exhibit.
*Have an introduction paragraph discussing the problem/situation being analyzed. You are an
expert/consultant to the company in the case. Write from that perspective. Have a conclusion paragraph. If
you are making a recommendation, discuss that in the concluding paragraph. The report should read like a
report, i.e., you are not to respond as if you are answering questions.
* Pages should be numbered.
* Edit the report. There is no excuse for typographical or grammatical errors when there are several
students to a group and with today’s software that assists in this regard.
* Do not wait until the last minute to get started or to get finished.
* It is good practice to get things done a day or two in advance. A last read would allow you to pinpoint the
weaknesses in the report and fix them.
* Pay attention to the design of your exhibits from the title to the colors to shape of exhibit. It has to look
professional. Don’t make exhibits thin and long. Center all exhibits. Give exhibits a title that informs the
reader of what is in it. The titles and the headings of all exhibits must be in bold. Do not use dark colors
that make it hard to see the numbers in exhibit. Use professional looking colors. Don’t go overboard with
colors, it looks less professional.
* A reader should be able to figure out what is going on in the exhibit (all assumptions or calculations)
WITHOUT having to refer to text of report.
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