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MN50321: International finance

[Page last updated: 23 August 2022]

Academic Year: 2022/23
Owning Department/School: School of Management
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Masters UG & PG (FHEQ level 7)
Period:
Semester 2
Assessment Summary: CW 20%, EX 80%
Assessment Detail:
  • Coursework (CW 20%)
  • Examination (EX 80%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites:
Learning Outcomes: At the end of this unit, students should develop understanding of:
(i) Foreign exchange markets;
(ii) Determinants of exchange rates;
(iii) Assessing and managing risks in foreign exchange markets;
(iv) Origins and effects of financial crises.

Aims: This unit aims to provide students with the necessary theoretical and practical tools to understand and work in a multi-currency professional environment.

Skills: Numeracy (T/A)
Analytical ability (F/A)
Writing skills (A)
Time management (F/A)
Use of IT, notably for information gathering (F/A).

Content: (i) Foreign exchange markets and balance of payments;
(ii) International portfolio theory and diversification;
(iii) International parities;
(iv) Macroeconomic models of FX;
(v) Forecasting FX;
(vi) Managing FX risk;
(vii) Managing interest rate risk;
(viii) Theoretical models of currency crises.

Programme availability:

MN50321 is Compulsory on the following programmes:

School of Management

MN50321 is Optional on the following programmes:

Department of Economics School of Management

Notes:

  • This unit catalogue is applicable for the 2022/23 academic year only. Students continuing their studies into 2023/24 and beyond should not assume that this unit will be available in future years in the format displayed here for 2022/23.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.