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International Financial

MSc. Hoang Ngoc Nhu Y
About The Module
• Hoang Ngoc Nhu Y

The Module:
• Module: International Financial
• Module credit: 3 credits
• Module period: 45 periods (1/3
periods for LMS)

Module Description
This module will focus on the following
Part 1: The macro-environment - where
the MNCs are operating
• Globalization and the Multinational
• International Monetary system
• Balance of payment
• Exchange Rate Determination
• International Parity Relationships &
Forecasting Foreign Exchange rates

Module Description

This module will focus on the following

contents: (cont.)
Part 2: International Finance
• Foreign currency market
• Future on foreign exchange
• Options on foreign exchange
• Swap on foreign exchange
• Foreign exchange exposure management

Module Objective
The aim of the module is to equip students with the following basic
knowledge and skills:

Part 1: The macro-environment Part 2: International Finance

• Students are able to: • Students are able to:
• Identify the macro-environment factors; and • Identify the issues and opportunities of MNCs
what influences of these factors on MNCs' within managing foreign exchange in
operations, esp. in financial operations international financial market.
• Explain the fluctuation of Exchange rate as well • Distinguish between financial derivatives (such
as Forecasting Exchange rate through the as forwards, futures, options and swaps
relationships amongst Inflation, Interest Rates, contract).
Balance of Payments, Government Debt, etc.; or • Suggest appropriate strategies to speculate or
base on the financial theories about the hedge for MNCs in the international financial
international parity relationships (e.g. Interest market by using the financial derivatives in the
Rate Parity, Purchasing Power Parity, Fisher most effective way.
Effect, etc.) in international financial market.
Module Material
Main material:
• Eun, C.S., Resnick, B.G. (2015) International
Financial Management (7th ed.). New York: Mc
Graw Hill Education.
Other materials:
• Sharpiro, A.C. (2007) Foundations of Multinational
Financial Management (5th ed.). US: John Wiley &
Son Inc.
• Chance, D. M. and Brooks, R. (2015) An
Introduction To Derivatives and Risk Management
(9th ed.). Singapore: Cengage Learning Asia Pte
• Madura, J. (2011) International Financial
Management. US: South-Western Cengage
Learning. (4)

Module Grading System
Grading system
Based on Point scale: 10/10
• Case analyses / presentations: 20% 20%,

• Mid-term test: 30%

• Final test: 50% 50%

Note: At the end of the course, each

member in a group must submit a Peer
Evaluation Form, which should be 30%,
attached in the last group assignment
on LMS.
Case analyses / presentations
Mid-term test
Final test

The course consists of two (2) main types of activities:
• class study (practice exercises, group discussion, presentation)
• independent study (homework and individual/group work on
Learning management system).

In order to succeed this subject, students are required to attend classes

sufficiently (at least 80% classes hours); especially, read the assigned
materials before coming to the class, and practice exercise (at class and
home) are also necessary.

Thank you