Financial Management for Multinationals

Faculteit Economie en Bedrijfskunde
Jaar 2021/22
Vakcode EBM200A05
Vaknaam Financial Management for Multinationals
Niveau(s) master
Voertaal Engels
Periode semester I a (en semester II a)
ECTS 5

Uitgebreide vaknaam Financial Management for Multinationals
Leerdoelen Upon completion of the course the student is able to:
1. Know and understand how foreign exchange rate markets work.
2. Know, comprehend, analyze, synthesize and evaluate differences across international equity and debt markets.
3. Evaluate the foreign exchange rate exposure of a firm, evaluate the need for hedging, apply and evaluate different ways of hedging the foreign exchange rate risk.
4. Comprehend country and political risk, analyze and evaluate costs, benefits and insurance of international diversification.
5. Evaluate costs of direct foreign investment depending on capital structure.
Omschrijving The course deals with financial management of firms operating in international environments. Multinational firms face a variety of risks that arise in international financial markets and but they also have a wide variety of financial instruments available to manage them. Understanding how to manage risks and seize opportunities allows financial managers to take investment decisions that enhance the firm's value. The objectives of the course are to: 1. Recognize risk exposures of multinational firms; 2. Evaluate needs and ways to manage different exposures, and 3. Evaluate international investment opportunities. The course consists of lectures and tutorials, during which the students learn from solving, presenting and discussing exercises and case studies.
Uren per week 3
Onderwijsvorm -hoorcollege ,  -werkcollege
Toetsvorm -groepsopdracht,  -groepspresentatie,  -schriftelijk tentamen (open vragen)
(A written exam with open and multiple choice questions. Group oral presentation.)
Vaksoort master
Coördinator dr. H. Gonenc
Docent(en) dr. H. Gonenc ,dr. W. Westerman
Verplichte literatuur
Titel Auteur ISBN Prijs
International Financial Management, Third Edition, Cambridge University (compulsory) Bekaert, G.J., R.J. Hodrick 9781107111820 €  51,79
Entreevoorwaarden Basic knowledge of business, corporate finance and calculus is required.
Opmerkingen Secretary: Ellie Jelsema; e-mail e.t.jelsema@rug.nl, phone +31 (0)50 363 3685, room 5411.0836.
Opgenomen in
Opleiding Jaar Periode Type
Courses Exchange (MSc)  ( Courses Exchange Students (MSc) without limited access) 1 semester I a keuze
DD MSc IFM - UCSC, Milan (2-year)  (core programme DD MSC IFM - UCSC, Milan) 2 semester I a verplicht
MSc International Financial Management/IFM  (basisprogramma MSc IFM) 1 semester I a verplicht
Wordt meerdere malen per jaar aangeboden 1 semester II a keuze