Course Title: Review the financial structures and processes in international trade
Part A: Course Overview
Program: C6101
Course Title: Review the financial structures and processes in international trade
Portfolio: BUS
Nominal Hours: 80.0
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.Course Code |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
MKTG6981 |
City Campus |
TAFE |
650T Vocational Business Education |
Face-to-Face |
Term2 2012,
Term2 2013, Term1 2014, Term1 2015 |
Course Contact: Tim Wallis
Course Contact Phone: +61 3 9925 5423
Course Contact Email: timothy.wallis@rmit.edu.au
Course Description
This course generally applies to those with responsibility for international business management and provide leadership in the review of the operating environments of the international banking and non banking finance system.
Pre-requisite Courses and Assumed Knowledge and Capabilities
None
National Competency Codes and Titles
National Element Code & Title: |
VU20068 Review the financial structures and processes in international trade |
Elements: |
2. Analyse “purchasing power parity” in relation to foreign exchange rates. |
1. Analyse the operating environments of the international banking and nonbanking finance systems. |
|
5. Review “non-cash” international trade transactions. |
|
4. Investigate the application of “confirmation”, “factoring” and forfeiting” to the payment procedures. |
|
3. Review credit risk management strategies for international trade. |
Learning Outcomes
This course covers the knowledge and skills required to analyse international trade finance variables within Australia and in a global context. It includes examining the structures and processes of financing international import and export transactions in the banking system, including optional finance models and practices that are available to international businesses.
Overview of Assessment
Students must demonstrate an understanding of all elements of a particular competency to be deemed competent. Assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.
Assessment will incorporate a variety of methods including assignments, journals, presentation and written or test. Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met.