International Finance

The purpose of this module is to provide students with an in-depth understanding of specific issues in international finance. The module will cover the following broad areas: (i) the role of international financial markets; (ii) the financial problems faced by multinational firms when undertaking international trade and investments; and (iii) the financial strategies used by multinational firms to alleviate the problems posted by pricing and political risks. Emphasis will be placed on the use of various financial instruments to manage risk. The relevance of both theoretical and empirical works will be highlighted in as much as they enable you to understand the financial issues facing firms and investors when they operate in an international setting.