This course is a comprehensive study of international financial markets and covers various related topics such as currency exchange rate mechanisms, exchange rate exposure measurement & management, currency derivatives, etc. It also analyzes the international financial environment, especially in a rapidly changing global situation.
Course Credits: 3
Prerequisites: FINA 6320 or equivalent.
Student Learning Outcomes
Upon successful completion of this course, you should be able to describe, explain, and evaluate various concepts concerning:
- Foreign exchange rate systems.
- Key economic theories that underlie the foundations of foreign exchange risk management, including IRP, PPP, IFE, etc.
- Computing foreign exchange (FX) rate and analyzing FX markets in international operations.
- The importance and implications of foreign exchange risk measurement & management.
- The use of various derivative instruments to effectively manage FX risks.