IBF615 International Money and Finance

Today’s financial markets are truly global in nature. No student of economics or finance can fully understand current developments without some background in international finance. This course attempts to cover the practical issues of international finance and summarizes the current literature with only elementary math as a prerequisite. The practical questions include, but not limit to, where to borrow and invest internationally, what different types of international bonds and stocks can be used to raise capital, how exchange rates affect cash flows, what can be done to avoid foreign exchange exposure and risk, and the general financial management problems of doing business in the global environment.

Restriction: Students are only allowed to take either IBF504 International Macroeconomics or IBF615 International Money and Finance, but not both.