Handbook

This course provides the basic theoretical and practical knowledge required for the management of financial functions of firms operating in several countries. This includes theory and evidence fundamental to an understanding of international capital and foreign exchange markets. This course covers topics such as international diversification, foreign direct investment decisions, cost of capital for multinational corporations, financial and political risks, the role of multinational banks and the financial benefits of Euro-currencies and Eurobonds, short-term financing, and international equity markets. The general emphasis is on the identification and management of risk relating to exchange rate fluctuations and government policy changes.