Introduction to International Finance

Department

International Program

Course unit code

IFLV6623

Number of ECTS credits allocated

3.0

Name of lecturer(s)

Biktimirov Ernest, PhD

Mode of delivery

face-to-face

Recommended optional program components

none

Recommended or required reading

Moffett, M. H. Stonehill, A. I., and Eiteman, D. K. (2021). Fundamentals of Multinational Finance. (6th ed.). Pearson.Eiteman, D. K., Stonehill, A. I., and Moffett, M. H. (2023). Multinational Business Finance. (16th ed.). Pearson.
Madura, J. (2018). International Financial Management. (13th ed.). South Western Educational Publishing.
Shapiro, A. C. (2019). Multinational Financial Management. (11th ed.). Wiley.

Additional information about examination modalities

• Homework assignment #1: 15%
• Homework assignment #2: 15%
• In-class quiz: 30%
• Group mini-project: 40%

Level of course unit

Bachelor

Year of study

Spring 2026

Semester when the course unit is delivered

2

Language of instruction

English

Learning outcomes of the course unit

• Students should develop a strong understanding of how international financial environment operates
• Students should understand the factors affecting exchange rates
• Students should learn the necessary skills for making sound financing and investment decisions for a multinational firm

Course contents

• International Financial Environment
- The International Monetary System
- International Corporate Governance

• The Foreign Exchange Market
- The Determination of Exchange Rates
- International Parity Conditions

• Financing the Global Firm
- Funding the Multinational Firm
- International Trade Finance

• Foreign Investments
- Foreign Direct Investment and Political Risk
- International Portfolio Investment

Planned learning activities and teaching methods

• Lectures
• Group discussions
• Exercises
• Mind mapping

Work placement(s)

none