Chapter 1: An introduction of International Finance The different views of International Finance International Finance is the stage of external financing - a part of the national financial system The payment activities and international credit Financial relationship between governments and international organizations The financial activities of transnational companies or multinational companies International Finance is a collection of related financial entities whose operational ranges beyond the borders of a country Chapter 1: An introduction of International Finance
Content of the international finance’s relations
Financial relations between different countries and with the international financial institutions Financial Relations of enterprises - multinational companies International operations of financial intermediary institutions The financial relationship under moving form of income and capital of the individual The operation of international financial markets Chapter 1: An introduction of International Finance
The basis of formation and development
Originating from international trade relations The relationship of cooperation between the countries in terms of economic, cultural, political, social The movement of capital between countries: The difference in marginal efficiency of investment (MEI) or ICOR of different countries The trend of opening integration and globalization Chapter 1: An introduction of International Finance Impact of International financial activities 1. The positive impact • Allowing potential advantages of each country to be explored, establishing overall development of the involved countries. • Strengthening cooperation, international integration, peace and friendship among nations • Improving the efficient use of natural resources and society, especially financial resources • Raise living standards and improve international environmental community 2. The negative impact • Increase the gap between rich and poor and more dependent on the rich countries • The volatility of international financial situation can cause serious consequences for many countries • The financial crisis and the economic crisis Chapter 1: An introduction of International Finance
The purposes and objects of study
At the macro level: International financial operations, management policies of international financial activities of nations, policies and activities of international financial institutions At the micro-level: Many international financial activities of economic entities including enterprises, individuals, business operations and risk prevention in the international financial markets. Chapter 1: An introduction of International Finance Course contents and methods There are 8 chapters (weight of 4 credits) of theoretical study including 70% lecturing and student self-study, discussion, presentation according to suggested and selected topics, which account for 30% Subjects are presented with a combination of lectures, textbooks, reference books, typical study examples and practical exercises Methods of teaching and learning that promote active student, lectures presented in parallel discussions with the participation of students on the basis of textbooks, reference materials and other utility tools. Chapter 1: An introduction of International Finance Assessment of learning outcomes Results of study are assessed on the basis of the learning process and students participating in the course The participation of students in the program includes: Class lectures, self-study and completing practical exercises, tests and final examination. Specifically: 1. Participate in discussions, exercises and presentation of practical research and _ test: 20% 2. Attendance : 10% 3. Final examination: 70% Chapter 1: An introduction of International Finance Course’s requirement Recognizing the benefits of international financial activities, actively engaged in international financial activities, to meet the growing demand of the business, countries and the development of the international community Understanding and be able to access international financial operation Understanding and be able to apply international financial policies, can participate in drafting, amending, adding related international financial policies. Limiting the negative impact of international financial activities: The negative effects of fluctuations and particularly from the international financial crisis Chapter 1: An introduction of International Finance
Requirements for students to abide by regulations
Reading textbooks and materials before lecture Attend all classes, punctuality Strictly abiding by classroom rules Positive and proactive participation during lessons Self-awareness to self-study, group discussions and class discussions Complete assignments , tests and final exam Chapter 1: An introduction of International Finance Material resources Text books C. Paul Hallwood va Ronald McDonald - Tài chính và Tiền tệ Quốc tế (International Money and Finance). David K. Eiterman, Archur I. Stonehill và Micheal H. Moffelt - Tài chính Công ty Đa quốc gia (Multinational Business Finance). Jeff Madura - Quản trị Tài chính Quốc tế (International Financial Management). Bruno Solnik và Dennis McLeavey - Đầu tư Quốc tế (International Investment). E. Hughes và Scott B. MacDonald - Nghiệp vụ Ngân hàng Quốc tế (International Banking). Reference books Nguyễn Văn Tiến – Tài chính Quốc tế hiện đại Nguyễn Văn Tiến - Thị trường Ngoại hối và các giao dịch kinh doanh ngoại hối Nguyễn Văn Tiến – Thanh toán Quốc tế Nguyễn Thị Thu Thảo và Hoàng Lan Hương - Hướng dẫn nghiệp vụ kinh doanh ngoại tệ và thanh toán quốc tế Peter S. Rose - Quản trị Ngân hàng thương mại Jounals Websites