المالية الدولية


# Course Name Credit Hrs Prerequisite
FIN 622 International Finance 3 None

Brief Description


The course provides students with a thorough understanding of Financial Management in an international setting, with an emphasis both on micro and macro aspects of financial management. This is achieved through comprehensive coverage of topics including current multinational financial challenges, ownership and governance of the corporation, the international monetary system, the balance of payments, recent international financial and sovereign debt crises, the foreign exchange market, international parity conditions, currency derivatives, exchange rate determination and forecasting, foreign exchange risk exposures and management, the global cost of capital, international debt and equity financing, international working capital management and capital budgeting, international portfolio theory and foreign direct investment.


Course Objectives


After completing this course, the student will be able to:

  1. Demonstrate an understanding of both the macro and micro aspects of international financial management
  2. Apply tools of international financial management to solve and manage issues facing the corporation and an open economy.
  3. Demonstrate analytical and computational skills necessary to face the challenges in the world of international financial management
  4. Demonstrate critical thinking skills in evaluating finance cases and interpreting the findings of empirical studies conducted in the areas of international finance.
  5. Access and analyze the international monetary system and issues arising from exchange rates.
  6. Discuss the challenges in managing an international portfolio.

Course Topics


  1. Current multinational financial challenges
  2. Ownership and governance of multinational corporations
  3. The international monetary system
  4. The balance of payments and international economic linkages
  5. Spot and forward foreign exchange markets
  6. Currency futures and options
  7. Currency and interest rate swaps
  8. International parity conditions
  9. Exchange rate determination and forecasting
  10. Foreign exchange risk management
  11. The global cost of capital and international capital budgeting
  12. International financing
  13. International portfolio management and foreign direct investment

Text Book


Eiteman, D., Stonehill, A., & Moffet, M. (2019). Multinational business finance, Tenth edition. Reading, MA: Addison-Wesley, Pearson.



Additional References


• Moosa, I. A. (2010). International Finance: An Analytical Approach. 3rd Edition. Sydney McGraw Hill.
• Shapiro, A. C. (2019). Multinational financial management (seventh edition). New York John Wiley & Sons.
• Moosa, I.A., Bhatti, R.H., 2010. The Theory and Empirics of Exchange Rates. World Scientific, Hackensack (New Jersey).
• Moosa, I. A. and Bhatti, R. H. (1997) International Parity Conditions: Theory Econometric Testing and Empirical Evidence, St. Martin’s Press, New York.



30/11/2020
13:49 PM