OUTCOMES Upon completion of the course the student should be able to:
1. Examine the primary elements of the language and theories of international banking and financial management.
2. Select creative and critical-thinking strategies in the solution of complex financial situations through the application of learned international banking and financial management concepts.
3. Develop professional communication and teamwork skills for the purpose of ensuring future success in a professional environment.
4. Develop the capability to access, evaluate and use information in fulfillment of coursework and independent study.
5. Assess the importance of financial ethics and corporate social responsibility.
OBJECTIVES Upon completion of the course the student should be able to:
1. Identify the key players in international banking and global financial manangement.
2. Calculate the financial impact of changes in foreign exchange rates.
3. Use international and national monetary systems for profit while minimizing monetary risk.
4. Locate sources of funds for international trade and gain access to them.
5. Evaluate the risks associated with various methods of trade payment: cash in advance, letters of credit, minimum guarantee, and line of credit.
6. Explain commercial and country risks associated with international investment and borrowing.