Specifications of the qualifications and experience required of staff
Learning Outcomes
On successful completion of this module the learner will be able to:
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Learning Outcome Description
LO1
LO1. Provide a comprehensive review of the international economic and financial tools used to manage international operations
LO2
LO2. Critically assess the role and function of the multinational corporation and discuss its importance within the context of the Irish and European economy
LO3
LO3. Demonstrate how foreign exchange exposures arise and how these exposures can be appropriately managed
LO4
LO4. Demonstrate a firm grasp of the fundamentals of cross border exposure and exchange controls.
LO5
LO5. Critically assess the role and function of the world development bank
Dependencies
Module Recommendations
This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements
Module Content & Assessment
Indicative Content
The Multinational Corporation
Attributes
Growth
Current status in Ireland, reasons for success in Ireland
Future prospects
Determination of Exchange Rates
Balance of payments, factors which influence Balance of payments
Foreign exchange markets
Purchasing power parity
Interest Rate Parity
Foreign Exchange Exposure
Types of exposure
Translation exposure
Transaction exposure
Related tax exposure
Treatment in accounts
International capital budgeting
Strategies / Tools for managing Foreign exchange exposure
Futures/Forward Rates
Leading and Lagging
Forward Rate Agreements
Derivatives
Introduction to cross border exposure (15%)
Political risk
Forms of Government interference
Nationalisation
Exchange controls
Role of Development Banks (15%)
World Bank
European Institute Bank
International Finance Corporation
Teaching methodology
Lectures
Case studies
Class discussions
Assessment Breakdown
%
Coursework
30.00%
End of Module Assessment
70.00%
Assessments
Full Time
Coursework
Assessment Type:
Assignment
% of total:
30
Assessment Date:
n/a
Outcome addressed:
1,2,3,4,5
Non-Marked:
No
Assessment Description: n/a
End of Module Assessment
Assessment Type:
Terminal Exam
% of total:
70
Assessment Date:
End-of-Semester
Outcome addressed:
1,2,3,4,5
Non-Marked:
No
Assessment Description: End-of-Semester Final Examination
No Workplace Assessment
NCIRL reserves the right to alter the nature and timings of assessment
Module Workload
Module Target Workload Hours 0 Hours
Workload: Full Time
Workload Type
Workload Description
Hours
Frequency
Average Weekly Learner Workload
Lecture
No Description
2
Every Week
2.00
Tutorial
No Description
1
Every Week
1.00
Total Weekly Contact Hours
3.00
Workload: Part Time
Workload Type
Workload Description
Hours
Frequency
Average Weekly Learner Workload
Lecture
No Description
2
Every Week
2.00
Total Weekly Contact Hours
2.00
Module Resources
This module does not have any book resources
This module does not have any article/paper resources