Educational guide
IDENTIFYING DATA 2024_25
Subject INTERNATIONAL FINANCIAL MANAGEMENT Code 00516037
Study programme
0516 - GRADO EN FINANZAS
Descriptors Credit. Type Year Period
6 Optional Fourth First
Language
Ingles
Prerequisites
Department DIREC.Y ECONOMIA DE LA EMPRESA
Coordinador
TASCÓN FERNÁNDEZ , MARÍA TERESA
E-mail mttasf@unileon.es
pcasc@unileon.es
aferrg@unileon.es
Lecturers
TASCÓN FERNÁNDEZ , MARÍA TERESA
CASTRO CASTRO , PAULA
FERRERAS GONZALEZ , ADRIAN
Web http://
General description
Tribunales de Revisión
Tribunal titular
Cargo Departamento Profesor
Presidente DIREC.Y ECONOMIA DE LA EMPRESA GONZALEZ VELASCO , MARIA DEL CARMEN
Secretario DIREC.Y ECONOMIA DE LA EMPRESA AMOR TAPIA , BORJA
Vocal DIREC.Y ECONOMIA DE LA EMPRESA SIERRA FERNANDEZ , MARIA DEL PILAR
Tribunal suplente
Cargo Departamento Profesor
Presidente DIREC.Y ECONOMIA DE LA EMPRESA ROBLES GONZALEZ , FRANCISCO JAVIER
Secretario DIREC.Y ECONOMIA DE LA EMPRESA VALDUNCIEL BUSTOS , LAURA
Vocal DIREC.Y ECONOMIA DE LA EMPRESA SAEZ TRUJILLO , FRANCISCO JOSE

Competencias
Code  
A18916
B5789
B5794
B5795
B5796
B5799
C2 CMECES2 That students know how to apply their knowledge to their work or vocation in a professional manner and possess the skills that are usually demonstrated through the development and defense of arguments and the resolution of problems within their area of study.
C3 CMECES3 That students have the ability to gather and interpret relevant data (normally within their area of study) to make judgments that include reflection on relevant issues of a social, scientific or ethical nature.

Learning aims
Competences
Identify the financial instruments used by multinational firms. A18916
B5794
B5795
C3
Compute the cost of capital of multinational firms. A18916
B5794
B5795
Obtain return and risk of investments in international assets. A18916
B5789
B5794
B5795
B5796
C2
C3
Apply the portfolio theory to form asset portfolios in international markets. A18916
B5794
B5795
B5796
C2
C3
Apply different valuation models to multinational firms. A18916
B5794
B5795
B5796
B5799
C2
C3
Recognize the hedging instruments available to minimize risks of multinational operations. A18916
B5789
B5794
B5795
B5796
B5799
C2
C3

Contents
Topic Sub-topic
1. Introduction to international finance
2. International financing alternatives
3. Managing international portfolios
4. Valuation of multinational firms
5. Risks of multinational companies

Planning
Methodologies  ::  Tests
  Class hours Hours outside the classroom Total hours
Practicals using information and communication technologies (ICTs) in computer rooms 20 30 50
 
Case study 5 10 15
Tutorship of group 10 15 25
 
Lecture 20 30 50
 
Mixed tests 2 2 4
3 3 6
 
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies   ::  
  Description
Practicals using information and communication technologies (ICTs) in computer rooms Individual work to solve the assigned cases, applying theoretical and practical knowledge acquired during the classes. Reporting on students’ results.
Case study Gathering of real information to be applied in the cases. Selection and elaboration of that information.
Tutorship of group Tutorship oriented to the whole group in which the teacher helps the students to formulate, analyze, solve and debate a problem or exercise related to the topic of the subject.
Lecture Interactive lectures, to communicate core material and to deal with central concepts and models.

Personalized attention
 
Lecture
Practicals using information and communication technologies (ICTs) in computer rooms
Case study
Tutorship of group
Mixed tests
Description
Traditional Tutorships: On site, at the teacher’s desk or by phone. Also by e-mail. During the teachers' assistance hours.

Tutorship of group: On site, during the practical classes, in the computer room.

Assessment
  Description Qualification
individual works and group works. max 40%
Mixed tests Out of 5 points, 4 points are devoted to theoretical questions and 1 point to practical questions. max 50%
Others Attendance and participation. max 10%
 
Other comments and second call

Second call: Written exam, made up of theoretical questions (4 points) and practical exercises (5 points), similar to those performed during the classes. For the other point, it will be maintained the score obtained with attendance and participation during the course time.

Extraordinary exam in December or Exam for academic years without classes: Written exam, made up of theoretical questions (4.5 points) and practical exercises (5.5 points), similar to those performed during the classes (in the last academic year with classes).

The holding and use of mobile phones and/or electronic devices is strictly forbidden during the exams. The holding of unauthorized class notes, books, portfolios, mobile and/or electronic devices, etc. during the exams will mean the immediate withdrawal of the exam, the expulsion of the student, and the qualification of the exam with a failing grade.


Sources of information
Access to Recommended Bibliography in the Catalog ULE

Basic
Bodie, Z., Kane, A. y Marcus, A.J. (2022). Essentials of investments. 12th Ed. McGraw-Hill-Irvin.
Butler, K.C. (2016). Multinational finance: Evaluating the opportunities, costs, and risks of multinational operations. 6th Edition. Wiley.
Moffett, M., Stonehill, A.I. y Eiteman, D.K. (2017). Fundamentals of Multinational Finance, Global Edition. 7th Ed. Pearson.
Complementary
Berk, J., De Marzo, P. y Harford, J. (2019). Fundamentals of corporate finance. 5th Ed. Prentice Hall.
Brigham, E.F. y Ehrhardt, M.C. (2019). Financial management: Theory and practice. 16th Ed. South Western Cengage Learning.
Buckley, A. (2012). International finance: A practical perspective. Pearson.
Levi, M.D. (2009). International Finance. 5th Ed. Routledge.
Martín Marín, J.L. y Téllez Valle, C. (2014). Finanzas internacionales. 2ª Ed. Paraninfo.
Pra, I. y de la Fuente, D. [Coords.] (2016). Dirección financiera de la empresa: Un enfoque internacional. McGraw-Hill.
Ross, S., Westerfield, R.W. y Jordan, B.D. (2022). Fundamentals of corporate finance. 13th Ed. McGraw-Hill.

Recommendations


 
Other comments
It is useful to have coursed other financial modules previously, but it is not required.