Educational guide | ||||||||||||||||||||||||||||||||||||||||
IDENTIFYING DATA | 2023_24 | |||||||||||||||||||||||||||||||||||||||
Subject | INTERNATIONAL FINANCE II | Code | 00512040 | |||||||||||||||||||||||||||||||||||||
Study programme |
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Descriptors | Credit. | Type | Year | Period | ||||||||||||||||||||||||||||||||||||
6 | Optional | First |
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Language |
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Prerequisites | ||||||||||||||||||||||||||||||||||||||||
Department | DIREC.Y ECONOMIA DE LA EMPRESA |
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Coordinador |
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mttasf@unileon.es aferrg@unileon.es |
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Lecturers |
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Web | http:// | |||||||||||||||||||||||||||||||||||||||
General description | The module's aim is providing the students with a practical perspective on the basic concepts and operations of the firm's financial management. | |||||||||||||||||||||||||||||||||||||||
Tribunales de Revisión |
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Competencias |
Code | |
A6648 | |
A6652 | |
A6665 | |
A6678 | |
A6679 | |
A6682 | |
A6683 | |
B781 | |
B783 | |
B785 | |
B787 | |
B791 | |
B792 | |
B793 | |
B795 | |
C1 | CMECES1 That students have demonstrated possession and understanding of knowledge in an area of study that is based on general secondary education, and is usually found at a level that, although supported by advanced textbooks, also includes some aspects that involve knowledge from the cutting edge of their field of study |
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. |
C5 | CMECES5 That students have developed those learning skills necessary to undertake further studies with a high degree of autonomy |
Learning aims |
Competences | |||
Apply different models of equity valuation, both in domestic and international markets | A6678 |
B783 B787 B791 B792 |
C2 C3 C5 |
Apply different models of valuation to asset portfolios, both in domestic and international markets | A6679 A6683 |
B785 B787 B791 |
C2 C3 |
Compute return and risk of international equity investment | A6652 |
B787 B791 B793 B795 |
C2 C3 |
Operate in the eurocurrency market and with credits offered by multinational banking. Compute the effective cost of international credit | A6652 A6682 |
B781 B787 B791 |
C2 C3 |
Recognize the hedging instruments available to minimize risks of multinational operations | A6648 A6665 |
B781 B791 B793 |
C1 C2 C3 |
Contents |
Topic | Sub-topic |
International finance | Introduction to international finance International financing alternatives Managing international portfolios Risks of multinational companies |
Planning |
Methodologies :: Tests | |||||||||
Class hours | Hours outside the classroom | Total hours | |||||||
Tutorship of group | 10 | 15 | 25 | ||||||
Case study | 5 | 10 | 15 | ||||||
Practicals using information and communication technologies (ICTs) in computer rooms | 20 | 30 | 50 | ||||||
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 |
Description | |
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. |
Case study | Gathering of real information to be applied in the cases. Selection and elaboration of that information. |
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. |
Lecture | Interactive lectures, to communicate core material and to deal with central concepts and models. |
Personalized attention |
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Assessment |
Description | Qualification | ||
Mixed tests | Out of 5 points, 4 points are devoted to theoretical questions and 1 point to practical questions. | 50% como máximo | |
Written works: individual works and group works | 40% como máximo | ||
Others | Attendance and participation | 10% as a maximum | |
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., and Marcus, A.J. (2022). Essentials of investments. 12th Ed. McGraw-Hill. Butler, K.C. (2016). Multinational Finance: Evaluating the Opportunities, Costs, and Risks of Multinational Operations, 6th Edition. Wiley. Moffett, M., Stonehill, A.I., and Eiteman, D.K. (2017). Fundamentals of Multinational Finance, Global Edition. 7th Ed. Pearson. |
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Complementary | |
Berk, J., De Marzo, P., and Harford, J. (2019). Fundamentals of Corporate Finance. 5th Ed. Prentice Hall. Brigham, E.F. and 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. and Jordan, B.D. (2022). Fundamentals of Corporate Finance. 13th Ed. McGraw-Hill. |
Recommendations |
Other comments | |
It is useful to have coursed International Finance I previously, but it is not required. |