30151 - PRINCIPLES OF INTERNATIONAL FINANCE
CLEAM - CLEF - BESS-CLES - WBB - BIEF - BIEM - BIG
Department of Finance
Course taught in English
GIMEDE GIGANTE
Course Objectives
The course explores the complexities of corporate financial management in an international setting providing students with a thorough understanding of international investment and financing decisions.
The aim of this course is then to give a broad picture about international financial markets and international corporate finance moving from the needs of the firm to the financial instruments and services available to cater to those needs. Subjects that are covered include: international demand for equity and debt financing, the international market for corporate control, exchange risk and market imperfections and structured finance deals. The main goal is to offer both a clear framework and a set of operative tools to understand the relationship between firms and international financial systems. The whole structure of the course is applied, involves several real-world cases that are discussed in class, and is oriented to develop capabilities to understand and use international finance methodologies and practices used around the world.
Course Content Summary
• Firms' demand for external financing.
• International banking.
• International market for corporate control.
• International equity markets.
• International bond markets.
• Banking and foreign exchange markets.
• Multinational capital budgeting in project financing.
Detailed Description of Assessment Methods
Attending students can opt for a partial exam on the topics of the first half of the course and a second partial exam at the end of the course. Group assignment is part of the final grading (20% of the total grade).
Further details on all the points are given in the syllabus available at the beginning of the course.
Textbooks
- The course is totally based on readings, slides, ad-hoc cases and professional software made available through web. At the beginning of the course, students receive a detailed syllabus in which is specified session by session the usage of the above mentioned documents.
Prerequisites
Knowledge of the basic topics covered in corporate finance and corporate valuation.