This is a third year specialisation unit in the Bachelor of Business (Banking and Finance) and Bachelor of Business (International Trade). The unit of study is concerned with how corporations manage cash flows generated in their international trading operations while addressing the various forms of risk related with international business and finance. Students will apply theories in economics and finance to analyse problems and challenges that the international financial environment presents to modern day corporate financial managers. The operation and management of international financial corporations, the international banking environment and institutional structure are emphasised. Students will develop knowledge and skills in international banking and finance through engagement in a wide range of learner-centred activities that include online discussions and peer learning.

Unit details

Location:
Online Real Time
Study level:
Undergraduate
Credit points:
12
Unit code:
BAO3402

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Critically analyse financial and banking decisions of globally operated businesses in relation to the foreign exchange market and international financial markets;  
  2. Critically review and apply a broad range of theories and concepts to examine the behaviour of international finance and banking operations;  
  3. Evaluate and apply technical knowledge of international financial management decisions with emphasis on the significance of managing foreign exchange exposure;  
  4. Critically evaluate hedging approaches and techniques in managing currency exchange risk; and  
  5. Advocate and justify short-term and long-term investment, financial and cash management decisions in a global context;  

Assessment

Melbourne campuses

Students studying under the VU Block Model.

Assessment type Description Grade
Test In-class Test 10%
Case Study Case Study 1 30%
Report Critical Review Group Report 30%
Case Study Case Study 2 30%
Note: Any hand-held calculators may be used in examinations.

Other locations

Assessment type Description Grade
Test Mid-semester test 20%
Report Critical Review Report 30%
Examination Final Examination - 2 hour 50%
Note: Any hand-held calculators may be used in examinations.

Required reading

International financial management (4th ed.).
Madura, J. & Fox, R. (2017).
United Kingdom: Cengage Learning.

Where to next?

VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.