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FINC305 International Financial Management

Introduction to multinational enterprise and financial management including operation of foreign exchange markets, methods of hedging foreign exchange risks, overseas financing and investment decisions and international working capital management.

Domestic and Multinational Corporations (MNCs) are operating in an increasingly competitive global environment. Firm value maximisation involves international investing and financing decisions. Firms are exposed to international competition and Financial Managers need to understand currency risk and how international financial markets operate. This course aims to provide students with an in-depth knowledge of: (1) international financial markets, (2) determinants of exchange rates, (3) currency derivatives, (4) international arbitrage and interest rate parity, and (5) exchange rate risk management.

Paper title International Financial Management
Paper code FINC305
Subject Finance
EFTS 0.15
Points 18 points
Teaching period Semester 1 (On campus)
Domestic Tuition Fees (NZD) $912.00
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

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One of ACCT 233 or ACFI 201 or FINC 206
ACFI 305
Schedule C

Teaching staff

Dr Tahir Suleman

Paper Structure
This paper aims at providing students with an in-depth knowledge of international finance issues. Five interrelated topics are covered:
  1. Exchange rate risk
  2. Determinants of exchange rates
  3. Currency hedging
  4. International financing/investing activities
  5. International financial markets
Teaching Arrangements
This paper is taught through lectures and seminars.

Madura, Jeff. International Financial Management. (Cengage Learning, 2015) ISBN 978-1-133-94783-7 (12th edition) or ISBN 978-1-337-26996-4 (13th edition).

Course outline
View the most recent Course Outline
Graduate Attributes Emphasised
Communication, Critical thinking, Self-motivation.
View more information about Otago's graduate attributes.
Learning Outcomes

Students who successfully complete this paper will be able to:

  • Demonstrate understanding of international financial theory and pertinent applications (e.g. exchange rate determinants, foreign exchange exposure, foreign direct investment, interest rate parity, and the balance of payment)
  • Develop a frame of reference through which to identify, evaluate and solve problems pertaining to international financial theory
  • Develop critical and analytical skills and the ability to work independently
  • Demonstrate communication and written skills

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Additional Information

Further information about teaching staff, tutorial times, assessment details, reading lists and learning objectives is available in the PDF below.

Download Course Outline for FINC305 (PDF 176KB)

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Semester 1

Teaching method
This paper is taught On Campus
Learning management system


Stream Days Times Weeks
L1 Thursday 09:00-09:50 9-14, 16-22
Friday 10:00-11:50 9-13, 16-22


Stream Days Times Weeks
Attend one stream from
T1 Tuesday 10:00-10:50 10-14, 16, 18-22
T2 Thursday 11:00-11:50 10-14, 16-22
T3 Thursday 14:00-14:50 10-14, 16-22
T4 Wednesday 14:00-14:50 10-14, 16-22