International Financial Management
[LSMS2108]
[30h] 5 credits
This course is taught in the 2d semester.
Teacher(s): Patrick Zurstrassen
Language: English
Level: Second
Aims
" Develop basic decision-oriented attitudes toward finance issues related to international business with special focuses on source of finance and on management of risks involved in international financial transactions.
" Understand international financial environment and the key multidisciplinary issues in the field of international finance in order to prepare the students for their careers in international business.
" Apply theses attitudes & guidelines to the roles of importers, exporters and multinational firms and learn the practical aspects of managerial decision-making and the specific tools and techniques in international business finance
Content and teaching methods
The class deals with financial issues related to international trade and investments. It aims at identifying, analysing, managing and controlling financial risks of industrial and commercial corporations.
During the course, class groups are assigned the effective management of Netsteel, a steel trading company. Experienced first a batch program in 1993, its latest web fully interactive edition is based on a proprietary Internet "life" program with full financial market serial interactions with the program business partner [PwC Academy in Luxembourg]. A set of competitive purchasing and selling processes generates a complex web of financial exposures that must be managed during 3 months by the students, thus illustrating the course concepts. Each group performance is appraised on a weekly basis. At end of class session, each group defends its strategies and methods to the business partner management. Grade takes into account not only ranking in financial results, but also quality of self-evaluation as assessed by joint academic and business jury.
Content
The case for innovation
Innovation concepts
Case studies
Innovation financing
Innovation management processes
Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)
Evaluation : Class participation and oral examination, in French or English
English
Support : Slides provided through icampus
Syllabus i ncluding slides
References : Provided during the class
Included
Internationalisation
1 CEMS course
1 international guests
Corporate features
1 conference
1 corporate guest
Skills
1 team work