Course details

International Finance

MFI Acad. year 2015/2016 Summer semester 6 credits

Current academic year

The course focuses on the following topics: definition of international finance, risks in international trade, payment terms, payment instruments, hedging, export financing, export credits, export credit insurance.

Guarantor

Režňáková Mária, prof. Ing., CSc. (ÚF)

Language of instruction

Czech

Completion

Examination

Time span

  • 20 hrs lectures
  • 10 hrs exercises

Department

Faculty of Business and Management (FP)

Subject specific learning outcomes and competences

Students will be able to identify individual needs according to the area of company international activities, they will be aware of the financial backing of these needs, they will be able to define and apply external resources for export financing, as well as methods of hedging.

Learning objectives

The main objective of the course is to provide students with the necessary theoretical knowledge regarding international finance. It requires mastering the up-to-date approaches to defining terms of payment in international finance, payment instruments, hedging, forms of financing and export credit insurance.

Prerequisite knowledge and skills

Knowledge of corporate finance, knowledge of statement and accounting procedures for entrepreneurs, knowledge of international business.

Study literature

  • Bennett, D.: Managing Foreign Exchange Risk, Pitman Publishing, London 1997
  • Buckley, A.: Multinational Finance, New York: Prentice Hall, 2000
  • Eng, M., Lees, F., Mauer, L.: Global Finance, Harper Collins College Publishers, New York, 1995
  • Machková, H., Černohlávková, E., Sato, A. a kol. Mezinárodní obchodní operace. 4., aktualiz. vyd.Praha: Grada, 2007. 242 s.ISBN: 978-80-247-1590-2.
  • Shapiro, A. C. Multinational Financial Management. 9. ed. University of Southern California, 2010. ISBN 978-0-470-45035-2.

Fundamental literature

  • BLATTNER, P. Internationale Finanzierung. 1. Auflage. Oldenburg, 1997. 554 S. ISBN 3-486-23852-3
  • HÄBERLE, S. Handbuch der Außenhandelsfinanzierung. 3. Auflage. Oldenburg, 2002. 1034 S. ISBN 3-486-25884-2
  • JANATKA, F., BÖHM, A., HÁNDL, J. Komerční rizika v zahraničním obchodu a ochrana proti nim. 1. vyd. Praha: ASPI, 2001. 222 s. ISBN 80-86395-14-6
  • MARVANOVÁ, M., HOUDA, M. Platební styk. 3. vyd. Brno : ECON,1995. 374 s. ISBN 80-901627-2-X

Syllabus of lectures

Topics of lectures are the following: importance of international finance; risks of international business; terms of payments; short-term export finance; long-term export finance; export credit insurance; export credit agencies.

Progress assessment

Study evaluation is based on marks obtained for specified items. Minimimum number of marks to pass is 50.

Controlled instruction

Control of results of independent work on assigned tasks. In case of excused absence from seminars, the teacher can set additional condition if appropriate, usually elaboration of partial written task.

Course inclusion in study plans

  • Programme IT-MGR-2, field MMI, any year of study, Compulsory-Elective
Back to top