Course Title: International Finance

Part A: Course Overview

Course Title: International Finance

Credit Points: 12.00

Important Information:

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Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BAFI1017

City Campus

Postgraduate

625H Economics, Finance and Marketing

Face-to-Face

 Sem 1 2006,
Sem 2 2006

BAFI1018

City Campus

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

 Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 1 2017,
Sem 2 2017,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 1 2021,
Sem 2 2021

BAFI1019

Singapore Inst of Management

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

 Offsh 1 09,
Offsh 3 09,
Offsh 1 10,
Offsh 3 10,
Offsh 1 11,
Offsh 3 11,
Offsh1 12,
Offsh3 12,
Offsh1 13,
Offsh3 13,
Offsh1 14,
Offsh3 14,
Offsh1 15,
Offsh3 15,
Offsh1 16,
Offsh3 16,
Offsh1 17,
Offsh3 17,
Offsh3 18,
Offsh1 19,
Offsh3 19,
Offsh1 20,
Offsh3 20,
Offsh1 21,
Offsh3 21

BAFI2097

Shanghai Uni of Int Bus & Econ

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

 Offsh 1 07

BAFI3200

RMIT University Vietnam

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

 Viet1 2013,
Viet2 2013,
Viet3 2013,
Viet1 2014,
Viet2 2014,
Viet3 2014,
Viet1 2015,
Viet2 2015,
Viet3 2015,
Viet1 2016,
Viet2 2016,
Viet1 2017,
Viet2 2017,
Viet3 2017,
Viet1 2018,
Viet1 2019,
Viet2 2019,
Viet1 2020,
Viet3 2020,
Viet2 2021,
Viet3 2021

BAFI3234

RMIT Vietnam Hanoi Campus

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

 Viet1 2020,
Viet3 2020,
Viet2 2021,
Viet3 2021

Course Coordinator: Dr Caroline Chen

Course Coordinator Phone: +61 3 99255073

Course Coordinator Email: caroline.chen@rmit.edu.au

Course Coordinator Location: Melbourne City Campus Building 80, Level 9

Course Coordinator Availability: By appointment via email


Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study
004969 - Business Finance

 


Course Description

As a consequence of many global factors, including floating exchange rates, the abolition of capital controls, the deregulation of financial markets and advances in information technology, the field of international finance has become increasingly important over the past three decades. An increase in international trade and the related flow of finance has contributed significantly to the importance of financial management beyond the domestic borders. In this course, you will learn that by understanding the financial decision-making framework from an international perspective, comprehending the global environment of business finance and being aware of the cultural variables of international business, are therefore paramount for today’s financial manager as it provides skills that ensure the competent evaluation of alternatives and the making of objective decisions.

This course provides you with a capstone experience, which will give you the opportunity to integrate, critically reflect on and consolidate what you have learnt in your program.

 


Objectives/Learning Outcomes/Capability Development

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  1. CLO1: Identify the factors that led to the prominence of international finance as a business activity in diverse contexts
  2. CLO2: Apply important features of the foreign exchange market and illustrate foreign exchange mechanisms.
  3. CLO3: Illustrate various methods and techniques of forecasting.
  4. CLO4: Investigate the structure of the balance of payments (BoP) and analyse the concepts of real and effective exchange rates.
  5. CLO5: Analyse the factors that affect the supply and demand in the foreign exchange market and evaluate the empirical validity of Purchasing Power Parity.
  6. CL0 6: Investigate the reasons for interest parity condition and explain the concept of the real interest rate
  7. CLO7: Define risk and exposure and to distinguish between them and illustrate forward hedging, futures hedging, money market hedging and option hedging.
  8. CLO8 Introduce the basic concepts pertaining to currency options and identify the determinants of option premiums (prices)

 


Overview of Learning Activities

To achieve the objectives listed above this course requires you to participate in various learning activities. These activities comprise the following:

  • attendance at and notetaking during scheduled lectures and dealing sessions
  • active participation in lectures and dealing sessions
  • rigorous self-study and preparation
  • reading of, and note taking from recommended text books, as well as other references
  • optional consultation with academic staff
  • complete assessment tasks

Students are expected to conduct their own readings before attending the lectures and dealing sessions. The materials presented in the lectures and dealing sessions may be different from the materials students download from Canvas in terms of information format, breadth and depth. The materials used in the lectures and dealing sessions are specifically designed to explain and demonstrate key concepts and may not include all the details.

 


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and workshop notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period. 

A number of External Links are found on the Learning Hub. Secondly, other External Links are categorised into three major sections:

  1. Daily Newspapers and Business Magazines
  2. Financial Markets
  3. International Finance Associations

 


Overview of Assessment

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 20%
Linked CLOs: 1, 2, 3, 4, 5, 6

Assessment Task 2: 40%
Linked CLOs: 1, 2, 3, 4, 5, 6

Assessment Task 3:  40%
Linked CLOs: 1, 2, 3, 4, 5, 6, 7, 8