ECTS Summer Courses
International Corporate Finance
Course Description - Undergraduate Course
This course is aimed at developing an understanding of international finance, and the role it plays in the management of international companies. The aim is to introduce basic concepts of corporate finance from an international perspective.
Students will gain skills in international investment and financing techniques and in exchange risk management, including accounting and taxation aspects. They will learn, through hands-on case studies and simulations, how to manage a global company's financing and investment decisions, including M&A and divestitures, and how to measure and manage the company's exposure to exchange rate and international interest rate risks.
Students will also discover how companies use banks, markets such as the Eurobond and currency option markets, and techniques such as currency swaps, lease financing and specialized structured financing techniques.
Topics included in this course include the following;
- Markets and Linkages in International Financial Management
- Exchange Rate Systems and Policies
- Using Forward Exchange Markets and Money Market Hedging
- Transactions Hedging: Forwards vs Futures vs Options
- Uses and Abuses of Currency Options
- Currency Risk: Accounting vs Economic Exposure
- Review of Currency Exposure and Hedging Tools
- Currency Risk
- Risk Management: New Approaches
- Swap Financing
- Bank Financing and the Money Market
- International Bond Financing
- International Equity Financing
- Capital StructureCapital Structure Optimization
- Hybrid Financing
- Integrated Financing Decisions
- Multimarket Financing
ECTS Credits for this Course
4 Credits
Course Fees
€500 Euros including tuition and all class materials