PART I
COURSE DESCRIPTION GUIDELINES
Study of research, theory, terms and practices associated with the International Finance & Banking.
Economics is the social science that is concerned with the production, distribution, and consumption of goods and services. Current economic models developed out of the broader field of political economy in the late 19th century, owing to a desire to use an empirical approach more akin to the physical sciences. Economics aims to explain how economies work and how economic agents interact. Economic analysis is applied throughout society, in business, finance and government, but also in crime, education, the family, health, law, politics, religion, social institutions, war, and science. The expanding domain of economics in the social sciences has been described as economic imperialism.
Finance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance. Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money, and risk and how they are interrelated. It also deals with how money is spent and budgeted.
A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers with capital deficits to customers with capital surpluses. Banking is generally a highly regulated industry, and government restrictions on financial activities by banks have varied over time and location. The current set of global bank capital standards are called Basel II. In some countries such as Germany, banks have historically owned major stakes in industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies. In Japan, banks are usually the nexus of a cross-share holding entity known as the keiretsu. In Iceland banks had very light regulation prior to 2008 collapse.
ENTRY SKILLS: None required
COGNITIVE & SKILLS OBJECTIVES: This course is competency based. Competency is demonstrated by mastery of the cognitive content and the technical skills.
OUTCOMES - Upon completion of the course the student should be able to: |
OBJECTIVES - Upon completion of the course the student should be able to: |
JOB DESCRIPTION - Treasury Officer Sydney Australia - Hays Global Link: |
| Examine the primary elements of the language and theories of international banking and financial management | Identify key players in international banking and global financial management | Preparation of treasury reports including foreign exchange, liquidity, and daily cash flow |
| Select creative and critical-thinking strategies in the solution of complex financial situations through the application of learned international banking and financial management concepts | Calculate the financial impact of changes in foreign exchange rates | Bank Reconciliations |
| Develop professional communication and teamwork skills for the purpose of ensuring future success in a professional environment | Use international and national monetary systems for profit while minimizing financial risk | Daily management and monitoring of cash positions and funding requirements |
| Develop the capability to access, evaluate and use information in fullfillment of coursework and independent study | Locate sources of funds for international trade and gain access to them | Preparation of daily liquidity estimates |
| Assess the importance of financial ethics and corporate social responsibility | Evaluate the risks associated with various methods of trade payment: cash in advance, letters of credit, minimum guarantee and line of credit | Document and maintain dealings for foreign exchange, interst rate derivatives and money market dealings |
| Explain commercial and country risks associated with international investment and borrowing | Reporting of all tresury transactions | |
Ad hoc analytical tasks and projects |
COURSE ORGANIZATION
The course consists of fourteen learning modules and One (1) Extra Credit Project. One (1) module is completed each week. Each module consists of standard assignments.
THE LEARNING MODULES: Module I:Multinational Financial Management Module II: International Flow of Funds Module III:International Financial Markets Module IV:Exchange Rate Determination Module V:Government Influence on Exchange Rates Module VI:Relationships among Inflation, Module VII:Forecasting Exchange Rates Module VIII:Measuring Exposure to Exchange Rate Fluctuations Module IX:Managing Transaction Exposure Module X:Managing Economic Exposure and Translation Exposure Module XI:Country Risk Analysis Module XII:Financing International Trade Module XIII:Long-Term Financing Module XIV:Short‑Term Financing
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PART II
COURSE OPERATIONAL GUIDELINES
1. IBUS 40 A hands-on approach to developing business skills. The aim of the course is to improve skills and encourage individuals to become more aware of how to develop an emerging business or to become a more effective international business employee.
2. Attendance: Taken at every class meeting, critical to everyone's enjoyment and edification of the skills, concepts and techniques addressed in the course. If you have a problem with coming to class please discuss it with me.
3. Required Text: International Financial Management 9th Edition Jeff Madura4.. Tests & Assignments: There are multiple in-class writing assignments throughout the course, as well as “take-home” assignments that must be completed and handed in. 4 Periodic Scheduled Tests will be administered. Make up tests are not available. See the weekly schedule for the dates of assignments and subjects covered.
5. Missed class: Missing three (3) consecutive classes or four (4) total classes will cause you to be dropped from the course.
6. Classroom conduct: When you come to class, you are expected be on time and to stay for the entire class. Please do not leave class after signing in. This will be recorded as having missed the entire class. Respect Based Management Practices are expected.
7. Grade determination: Grade Weighting: Total Possible Points = 1,000
CREDIT WORK |
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GRADING SCALE |
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90-100% 80-70% 70-80% 60-70% <60% |
A B C D F |
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