Module Code: H9CIGF
Long Title Contemporary Issues in Global Finance
Title Contemporary Issues in Global Finance
Module Level: LEVEL 9
EQF Level: 7
EHEA Level: Second Cycle
Credits: 5
Module Coordinator: COLETTE DARCY
Module Author: Sinead O'Sullivan
Departments: School of Business
Specifications of the qualifications and experience required of staff  
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Demonstrate an advanced theoretical and practical knowledge of management risks within international markets
LO2 Critically assess the mechanisms of international money markets and the foreign exchange market
LO3 Evaluate the implications of raising capital in international markets
LO4 Appraise the various instruments available for managing international financial risk and formulate appropriate solutions
LO5 Exercise appropriate judgement to implement policies for the strategic management of international risk
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

There are no additional entry requirements for this module.  The programme entry requirements apply.  No pre-requisites or co-requisites apply.   
 

Module Content & Assessment

Indicative Content
Global Financial Management
Globalisation and the Multi-national organisation Forward Markets and Transaction Exchange Risk Goals for International Financial Management
International Parity Conditions and Foreign Exchange Determination
Interest Rate Parity - the relationship between interest rates and foreign exchange rat Purchasing Power Parity - Absolute and Relative Balance of Payments International Money Markets The Foreign Exchange Market
Instruments for Strategic Management of Exchange Rate Risk
Measuring and Managing Foreign Exchange Exposure Forward Rate Determination - Cross Rates and Forward Pricing Foreign Currency Futures and Options Interest Rate and Foreign Currency Swaps
International Capital Markets
International debt financing International equity financing International Capital Market Equilibrium Political and Country Risk
International Financial Operations
Managing International Operating Exposure - Multinational Cash Management Transaction and Translation Exposure
Assessment Breakdown%
Coursework40.00%
End of Module Assessment60.00%

Assessments

Full Time

Coursework
Assessment Type: Continuous Assessment % of total: 40
Assessment Date: n/a Outcome addressed: 1,4,5
Non-Marked: No
Assessment Description:
Learners will be given a project that requires them to analyse a particular international financial management issue within a case study framework. The learner must display an ability to identify the risks in the case and propose a solution for mitigating the risk.
End of Module Assessment
Assessment Type: Terminal Exam % of total: 60
Assessment Date: End-of-Semester Outcome addressed: 1,2,3,4,5
Non-Marked: No
Assessment Description:
The end of semester examination paper which is two hours in duration. All questions will necessitate essay-style responses and marks will be awarded based on clarity, structure relevant examples, depth of topic knowledge and evidence of outside core text reading.
No Workplace Assessment
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
Reassessment Description
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

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 Classroom and demonstrations 30 Per Semester 2.50
Directed Learning Directed e-learning 30 Per Semester 2.50
Directed Learning Independent learning 65 Per Semester 5.42
Total Weekly Contact Hours 10.42
 

Module Resources

Recommended Book Resources
  • Eun, C.S. and Resnick, B.G. (2020), International Financial Management, International Ed. McGraw-Hill, New York.
  • Manos, R., Parker, K. et al. (2022), Corporate Finance for Business: The Essential Concepts, 2nd Ed. Palgrave Macmillian, London.
  • Valdez, S. and Molyneux, P. (2015), An Introduction to Global Financial Markets, 8th Ed. Palgrave Macmillan.
Supplementary Book Resources
  • Madura, J.. (2017), International Corporate Finance, 13th Ed. Thomson South Western, London.
  • Shapiro, A.. (2013), Multinational Financial Management, 11th. Wiley, New Jersey.
This module does not have any article/paper resources
This module does not have any other resources
Discussion Note: