KTTS4150 International Finance (5 op)
Osaamistavoitteet
On successful completion of the course, the students
• are capable of identifying the main forms of international financial markets
• understand the functions of international fixed income, currency, stock and commodities markets
• are familiar with the most frequently utilized models and approaches for analyzing the connections between international financial markets and macro economy
• are able to write analytical reports on a specific topic on international finance
Suoritustavat
Contact teaching course, spring semester, 4th period. The study methods of the contact teaching course are specified in the study program annually.
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Spot and derivatives pricing of fixed income, currency and commodity market assets, partial equilibrium models and parities in international finance, foreign direct investments, cross-border mergers and acquisitions, international diversification in stock markets, exchange rate risk, exposure, hedging and risk management in currency markets, macro-economic news and small macro models in international finance.
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Recommended timing for BIF students: 1st year.
Recommended timing for Finnish M.Sc. degree students: 3rd or 4th year.
Kirjallisuus
ISBN-numero | Tekijä, julkaisuvuosi, teoksen nimi, julkaisija |
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978-0470091715 | Cuthbertson C. & Nitzshce D., 2004. Quantitative Financial Economics; Stocks, Bonds and Foreign Exchange, 2nd ed. |
978-0691150895 | Evans, M.D.D., 2011: Exchange Rate Dynamics. |
978-0133423631 | Krugman P. , Obstfeld, M & Melitz M., 2015: International Finance; Theory & Policy, 10th ed. |
Cochrane, J. (ed.): Financial Markets and the Real Economy Volume 18 of the International Library of Critical Writings in Financial Economics (2006), also available as NBER Working Paper http://www.nber.org/papers/w11193. | |
978-0-691-13667-7 | Sercu, P., 2009 : international Finance: Theory Into Practice |
978-1292076539 | Moffett, M.H., Stonehill, A. I. & Eiteman, D. K., 2016: Fundamentals of Multinational Finance, Global (5th) ed. |
Arviointiperusteet
Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.