Handbook

This course provides students with the knowledge required for the management of financial functions of multinational firms. In addition to building a rich theoretical grounding in international finance concepts, the course teaches you how to apply those concepts via real-world data analysis and scenario-based studies.

The course begins by exploring international monetary policy and foreign exchange markets at the macro-economic level and moves on to a theoretical understanding of exchange rate determinants. We then shift the focus from the global- to the transaction-level and learn how to identify and develop hedging strategies to deal with risk related to exchange rate and interest rate fluctuations.

With the core conceptual understanding of hedging instruments in place, we expand our knowledge to application and decision-making at the firm-level and students learn how multinational firms can invest and finance in international markets and manage related risks.

At each stage of the student journey, learning material, as well as weekly activities and assessments, are designed to build a community of inquiry and to articulate theory through real-world examples, cases or data exercises.