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BFN401Management Sciences3 Unitsintermediate

International Finance

This course introduces students to the core concepts of international finance, focusing on the monetary system and cross-border transactions. It covers topics such as international trade, balance of payments, foreign exchange markets, and international financial institutions. Students will learn about the dynamics of international payments, investment strategies, and the impact of global economic environments. The course also explores debt financing portfolios and the theory and practice of devaluation.

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156h
Study Time
13
Weeks
12h
Per Week
basic
Math Level
Course Keywords
International FinanceForeign ExchangeBalance of PaymentsInternational TradeCapital Flows

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

International Trade

2

Balance of Payment

3

Foreign Exchange Market

4

International Finance Institutions

5

Capital Flows

6

Debt Financing

Total Topics6 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Financial Analyst

Apply your skills in this growing field

International Trade Specialist

Apply your skills in this growing field

Investment Manager

Apply your skills in this growing field

Financial Manager

Apply your skills in this growing field

Economist

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingInternational TradeInvestment ManagementGovernmentMultinational Corporations

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1:

4h

Unit 1: Introduction to International Finance

4 study hours
  • Define international finance and its advantages.
  • Explain the balance of payments and its components.
Week
2

Module 1:

4h

Unit 2: International Trade I

4 study hours
  • Define and explain international trade.
  • Discuss the basic concepts and reasons for international trade.
Week
3

Module 1:

4h

Unit 3: International Trade II

4 study hours
  • Examine the various forms of international trade.
  • Examine the issues surrounding the establishment of world trade organization (WTO).
Week
4

Module 1:

4h

Unit 4: Balance of Payment

4 study hours
  • Define balance of payments concepts.
  • Identify the various components of balance of payments.
Week
5

Module 1:

4h

Unit 5: Exchange Rates

4 study hours
  • Explain the concept of exchange rate.
  • Appreciate the implication of this rate for the business environment.
Week
6

Module 1:

4h

Unit 6: International Financial Institutions I

4 study hours
  • Examine International Financial Institution by meaning and definition.
  • Discuss International Monetary Fund (IMF).
Week
7

Module 1:

4h

Unit 7: International Financial Institutions II

4 study hours
  • Discuss the role of world bank as an international financial institution.
  • Examine the role of regional development banks, such as African Development Bank (ADB).
Week
8

Module 1:

4h

Unit 8: Global Economic Environment

4 study hours
  • Demonstrate the understanding of global business.
  • Be knowledgeable about the New International Economic Order.
Week
9

Module 1:

4h

Unit 9: Economic Cooperation

4 study hours
  • Examine the key role played by economic cooperation and international trade.
  • Dilate copiously the history and role of economic cooperation.
Week
10

Module 1:

4h

Unit 10: Finance and Management of Foreign Operations

4 study hours
  • Examine clearly the major types of foreign operations we have.
  • Discuss joint ventures as a type of foreign operation.
Week
11

Module 1:

4h

Unit 11: Foreign Exchange Market

4 study hours
  • Provide the definition of foreign exchange market.
  • Understand the functions of major participants in the Foreign Exchange Market.
Week
12

Module 1:

8h

Unit 12: Efficiency of Foreign Exchange Market

4 study hours
  • Understand the mechanism of Foreign Exchange Transactions.
  • Explain the Efficiency of the Foreign Exchange Market.

Unit 13: Market Covered by International Finance

4 study hours
  • Explain Markets covered by International Finance.
  • Examine Bond Market Volatility.
Week
13

Module 1:

8h

Unit 14: Nature of Capital

4 study hours
  • Give detail explanation on the Nature of capital.
  • Explain the relation between capital, wealth, money and income.

Unit 15: International Capital Flows

4 study hours
  • Give meaning to capital flow.
  • Identify forms of foreign capital and its uses.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create a study schedule allocating specific time for each unit.

2

Focus on understanding the key concepts and definitions in each unit.

3

Practice applying the theories to real-world scenarios.

4

Review tutor-marked assignments and feedback.

5

Create flashcards for key terms and formulas.

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