Insegnamento a.a. 2016-2017

20265 - INTERNATIONAL CORPORATE FINANCE


CLMG - M - IM - MM - AFC - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT - GIO

Department of Finance

Course taught in English

Go to class group/s: 31
CLMG (6 credits - I sem. - OP  |  SECS-P/09) - M (6 credits - I sem. - OP  |  SECS-P/09) - IM (6 credits - I sem. - OP  |  SECS-P/09) - MM (6 credits - I sem. - OP  |  SECS-P/09) - AFC (6 credits - I sem. - OP  |  SECS-P/09) - CLEFIN-FINANCE (6 credits - I sem. - OP  |  SECS-P/09) - CLELI (6 credits - I sem. - OP  |  SECS-P/09) - ACME (6 credits - I sem. - OP  |  SECS-P/09) - DES-ESS (6 credits - I sem. - OP  |  12 credits SECS-P/09) - EMIT (6 credits - I sem. - OP  |  SECS-P/09) - GIO (6 credits - I sem. - OP  |  SECS-P/09)
Course Director:
CARLO MARIA PINARDI

Classes: 31 (I sem.)
Instructors:
Class 31: CARLO MARIA PINARDI



Course Objectives

This course covers the topics of the course of corporate finance widening the context to internationally operating firms. Once global financial markets and institutions, equilibrium conditions on currency market, assessment and management of currency, financial and political risk are adequately examined, the course deeply focuses on the access to international equity and debt international. Students enjoy a deep knowledge of international corporate finance problems and how to cope with them.
The course includes extensive use of real case studies discussed with leading professionals working in the international environment. A trading tool exercise is performed during the duration of the course to introduce students to currency trading.

Course Content Summary

  • Where and how to collect relevant information when dealing with global financial markets.
  • Global Financial Markets, Governance and the International monetary system.
  • How commodities affect currencies.
  • Sovereign Funds, international Institutional investors and global markets.
  • Equilibrium conditions of currency market. Balance of Payments, International Parity Conditions and Asset Market Approach.
  • Assessment and management of political risk, management of currency risk and hedging tools.
  • Zero lower bound rates and financing decisions.
  • Funding options in international debt and equity markets.
  • Small Business access to foreign capital markets.
  • Foreign direct investments,cross border M&A, private equity.
  • Tax optimization and new international regulations.

Detailed Description of Assessment Methods

Attending students:
They are graded on class participation and assignments in groups and a final written exam.

Non-attending students:

They are graded on a written exam based on the textbook only.

Textbooks

  • C.S. EUN, B.G. RESNICK, International Finance, McGraw-Hill International, 2014, 7th Global Edition.
  • The textbook is integrated with additional teaching material, handed out to students during classes.
Exam textbooks & Online Articles (check availability at the Library)
Last change 13/06/2016 10:26