| Learning objectives |
At the end of the course the student should be
able to demonstrate:
- Understanding and knowledge and being able to illustrate
concepts, theories. models and methodologies on international
financial markets.
- Understanding and knowledge on concepts and methodologies and
the practical toolbox in international working capital
management.
- Understanding and knowledge on the development in the macro
economic and impact on the international financial markets.
Understanding and knowledge of political risks. Being able to asses
contries risk profile
- Understanding and knowledge on international project finance
and being able to show an analytic approach to cash-flow models,
net present value and IRR concepts
- Understanding and knowledge of the companies risk-exposure and
financial hedging. Being able to exemplify and use calculations on
selected hedging instruments.
- Comprehension and understanding of the methodology and concept
of trade finance. Having knowledge of relevant institutions and be
able demonstrate the practical flow in trade finance
transaction.
- The ability to present knowledge generate at the course in
structurede, analytical logical form
- Understanding and being able link theories and methodoloygies
to practical company cases.
|
| Course prerequisites |
| Previous practical business experience will be
beneficial. The course will link theory and methodology to specific
business cases and hands-on learning on financial business
issues. |
| Examination |
|
International
Business Finance:
|
| Exam
ECTS |
5 |
| Examination form |
Oral exam based on written product
In order to participate in the oral exam, the written product
must be handed in before the oral exam; by the set deadline. The
grade is based on an overall assessment of the written product and
the individual oral performance, see also the rules about
examination forms in the programme regulations. |
| Individual or group exam |
Individual exam |
| Size of written product |
Max. 5 pages |
| Assignment type |
Synopsis |
| Release of assignment |
Subject chosen by students themselves, see
guidelines if any |
| Duration |
Written product to be submitted on specified date and
time.
20 min. per student, including examiners' discussion of grade,
and informing plus explaining the grade |
| Grading scale |
7-point grading scale |
| Examiner(s) |
Internal examiner and second internal
examiner |
| Exam period |
Winter, Ordinary exam: Case hand-in - 23 October
2024. Oral exam 4 and 5 November 2024
For information relating to the exam please go to:
https://eksamen.cbs.dk/
(Digital Exam). |
| Make-up exam/re-exam |
Same examination form as the ordinary exam
Re-take exam Case hand-in - 14
November 2024. Oral re-take 20 November 2024
For information relating to the exam please go to:
https://eksamen.cbs.dk/
(Digital Exam). |
|
| Course content, structure and pedagogical
approach |
|
Business Finance will outline the global financial
marketplace and interactions with specific business issuses.
The students will be given an overview of the basic financial
toolbox with link on how to solve practical business
matters. The course will focus on following subjects:
- Basic knowledge of the financial toolbox of currency and
interest risks including hedging strategies.
- Understanding of the derivaties futures, options and
swaps.
- Structure of financial risk facing companies
- Knowlegde of trade finance including key documents in an
export transaction
- Understanding of foreign direct investment and political risk
including assesment of country risk
- Knowledge of working capital and tools to reduce bindings in
working capital
- Understanding of company valuation including knowledge of
cash-flow budgeting, net present value and
multiples
|
| Description of the teaching methods |
| Class dialogs, break out sessions, cases and
quizzes. Student involvement is important to benefit from the
course. |
| Feedback during the teaching period |
| Spot-on feedback during sessions and during case
solving. Teacher will be available after each session for a
personal feedback. |
| Student workload |
| Class participation |
27 hours |
| Preparation for sessions |
40 hours |
| Exam including presentation |
5 hours |
|
| Further Information |
|
Online lectures in Zoom will take place on Tuesdays at 17.10 -
19.45 in weeks 33,34,35,36,37, 38, 42. Wednesday at 17.10 - 19.45
in weeks 39,40
For further information, please contact
Study Administrator: Gitte Østergaard
goe.om@cbs.dk
Course responsible: Bent
Jørgensen bj.egb@cbs.dk
|
| Expected literature |
|
Multinational Business Finance, fifteenth edition, David
Eiteman, Arthur Stonehill and Michael Moffet
Selected slides, presentations etc
|
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