BE630-6-SP-CO:
International Finance

The details
2023/24
Essex Business School
Colchester Campus
Spring
Undergraduate: Level 6
Current
Monday 15 January 2024
Friday 22 March 2024
15
21 November 2023

 

Requisites for this module
BE311 or BE313
(none)
(none)
(none)

 

(none)

Key module for

BSC N300 Finance,
BSC N301 Finance (Including Foundation Year),
BSC N302 Finance (Including Year Abroad),
BSC N304 Finance (Including Placement Year)

Module description

This module focuses on the basic knowledge of models on exchange rate determination and provides information on different theories of international finance.

Module aims

The aims of this module are:



  • To provide students with a thorough understanding of the basic international arbitrage relationships and introduce them to some basic models of exchange rate determination.

  • To build upon this economics-based approach, covering topics such as global imbalances, currency crisis, and debt crises in emerging markets.

  • To provide students with insight into international markets from the perspective of a multinational firm, where topics such as the international cost of capital and international portfolio investment are covered.

Module learning outcomes

By the end of this module, students will be expected to be able to:



  1. Describe the basic international arbitrage relationships and understand fundamental aspects of the basic models of exchange rate determination.

  2. Develop a good understanding of some current issues in international finance.

  3. Offer some insight into the challenges faced by multinational firms.


Skills for Your Professional Life (Transferable Skills)


By the end of this module, students should have developed and improved the following employability-related skills: 



  1. Gain knowledge about the fundamental concepts of international arbitrage relationships.

  2. Develop their research skills through the use of exchange rate data from Bloomberg and other databases.

  3. Improve your awareness about different theories of international finance.

  4. Study and analyse the challenges faced by the multinational firms.


Module information

No additional information available.

Learning and teaching methods

This module will be delivered via:

  • One 2-hour lecture per week.
  • One 1-hour class per fortnight.
  • One review session in the summer term.

Students are expected to do the relevant reading outlined in the lecture and class programme. It is strongly recommended that you also do additional reading to supplement the lecture material.

Bibliography

The above list is indicative of the essential reading for the course.
The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students.
Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Coursework   ASSIGNMENT      
Exam  Main exam: In-Person, Open Book, 120 minutes during Summer (Main Period) 
Exam  Reassessment Main exam: In-Person, Open Book, 120 minutes during September (Reassessment Period) 

Additional coursework information

The coursework comprises: In-class test (open book, no electronic resources).

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
30% 70%

Reassessment

Coursework Exam
30% 70%
Module supervisor and teaching staff
Dr Chiara Banti, email: cbanti@essex.ac.uk.
Udichibarna Bose & Chiara Banti
ebsugcol@essex.ac.uk

 

Availability
Yes
Yes
No

External examiner

Dr Hf Guo
University of Durham
Assistant Professor in Finance
Resources
Available via Moodle
Of 24 hours, 24 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s), module, or event type.

 

Further information
Essex Business School

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