International financial management

llsms2029  2021-2022  Louvain-la-Neuve

International financial management
5.00 crédits
30.0 h
Q2
Enseignants
Knaepen Denis;
Langue
d'enseignement
Anglais
Préalables
  1. Fundamental mathematical and statistical concepts (such as those covered in Mathématiques avancées et fondements d'économétrie [ LECGE1337 ])
  2. Advanced Finance [LLSMS2100A or LLSMS2100B]
  3. Corporate Finance [ LLSMS2010 ]
Thèmes abordés
This course provides a deep analysis of the risks : market, credit and exchange rate. It proposes to measure them and hedge them. The course deals with the different measures for volatility and correlations and how optimal portfolio allocation can decrease the risk via diversification.  Systemic risk and its different measurement will also be considered. The course relies on quantitative approaches.
Acquis
d'apprentissage

A la fin de cette unité d’enseignement, l’étudiant est capable de :

1
Having regard to the LO of the programme, this activity contributes to the development and acquisition of the following LO
  1. Have a good understanding of the major concepts and topics of international finance
  2. Be able to examine factors encountered by finance managers of multinational corporations in making financing and investment decisions with a global perspective
On successful completion of this program, each student will acquire the following skills :
  1. Corporate citizenship
  2. Communication and Interpersonal skills
  3. Critical thinking skills
  4. Teamwork and leadership
 
Contenu
  • Credit risk
  • Interest rate risk
  • Currency risk
  • Spot foreign exchange markets and forward contracts
  • Future contracts and currency options
  • Interest rate and currency swaps
  • Measuring and managing FX exposures
Méthodes d'enseignement
Lectures, Case Studies, Presentations
Modes d'évaluation
des acquis des étudiants
Evaluation continue /Continuous evaluation
 
  • Date: No
  • Type of evaluation: Assignment, Case Study, Presentation, Report
  • Comments: No
Semaine d’évaluation /Evaluation week
 
  • Oral: No
  • Written: No
  • Unavailability or comments:
Session d’examens /Examination session
 
  • Oral: No
  • Written: No
  • Unavailability or comments:
Autres infos
LECTURE SCHEME (INDICATIVE)
Introduction to International Financial Management
Understanding the international environment: Country risks, Banking risk, Economical and geopolitical risks
The time value of Money – Interest rates – Bonds – Yield to Maturity - Inflation
Interest Rate Exposure Management
Foreign Exchange Exposure Management
International Trade Finance: short term and long term type transactions (financing, structuring)
International Cash Management: payments, cash pooling
International Financial Markets
- Equity Capital Markets
- Debt Capital Markets
-Bank financing
International Tax considerations and how they impact International Financial Management
Bibliographie
D. D. Wu Quantitative Financial Risk Management Springer
Slides posted in Moodle
Faculté ou entité
en charge
CLSM


Programmes / formations proposant cette unité d'enseignement (UE)

Intitulé du programme
Sigle
Crédits
Prérequis
Acquis
d'apprentissage
Master [120] : ingénieur de gestion

Master [120] en sciences de gestion

Master [120] en gestion de l'entreprise

Master [120] en sciences de gestion

Master [120] : ingénieur de gestion