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MODULE D, SHANGHAI: INTERNATIONAL FINANCE
Fri, 24 Jun 2016, 08:30 – Mon, 27 Jun 2016, 16:30 CST
Professor: Gonzalo Chavez
Course ID: 9295
This course is designed to help students understand the factors that impact the value of any cross-border investment or financing decision. The tremendous improvement in information technology, reduction in transportation cost, as well as the fall in trade barriers over the past half-century, have allowed for firms to expand into foreign markets like never before. Yet seeking profit opportunities in international markets also comes with its share of risks. We will explain how value can be measured, protected, and maximized when implemented in an international setting. Multiple factors, such as macroeconomic conditions, interest rate and exchange rate volatility, financing policy and asset allocation strategies will affect the firm’s ability to create value. We begin the course by examining how balance of payment conditions affect international flows and, consequently, exchange rates. Other topics include international parity conditions, international portfolio theory, capital budgeting in a multinational context, as well as the use of derivative securities as hedging instruments against foreign exchange and interest rate volatility.
*Terms and Conditions
By signing up for this elective and paying the administration fee you hereby agree to the full terms and conditions of participating in the 2016 Lifelong Learning program. To read the full terms and conditions please click here.