FIN 660 - International Financial Management

Units: 3
Financial and currency markets and monetary systems in which multinational firms operate. Topics include analyses of the balance of payments, international parity conditions, foreign exchange markets and exchange rate behavior.

Prerequisites: FIN 605.
Equivalent Quarter Course: FIN 6375.
Possible Instructional Methods: Entirely On-ground or Hybrid.
Grading: A-F grading only.
Student Learning Outcomes - Upon successful completion of this course students will be able to:

Identify the determinants of currency prices and explain how these prices change in the foreign exchange (FX) markets.
Distinguish how various exchange rate systems affect currency prices in the FX markets.
Explain how a country’s balance of payments affect currency prices in the FX markets.
Explain international parity conditions that link the prices of goods, interest rates, spot rates and forward rates throughout the world.
Explain ways in which national, international, political, and events impact exchange rate exposure for domestic and multinational corporations.
Compare and contrast the basic characteristics of various financial instruments in the currency markets and explain how these instruments may be used to earn speculative profits, or hedge against exchange rate exposure.
Discuss the legal and ethical boundaries that shape the economic policy of a given country and its effect on currency value.
Examine real world data to apply the parity conditions to determine currency appreciation/depreciation.