FM472 Half Unit
This information is for the 2018/19 session.
Dr Elisabetta Bertero
This course is available on the CEMS Exchange, Global MSc in Management, Global MSc in Management (CEMS MiM), Global MSc in Management (MBA Exchange), MBA Exchange, MSc in Accounting and Finance and MSc in Management (1 Year Programme). This course is available with permission as an outside option to students on other programmes where regulations permit.
This course is not open to students from the following departments: Economics, Finance, Mathematics, and Statistics
This course examines key issues in international finance, focusing on recent developments and incorporating theoretical, empirical, policy and institutional dimensions. The course uses exchange rates as a unifying theme and considers them from four perspectives: theory, policy, global risk and international investors. The course examines models of exchange rate determination and related empirical evidence. It analyses the choice and coordination of exchange rate regimes, including the European Monetary Union. It examines exchange rates as one of the sources of global financial instability. It considers the risk exposure for investors arising from exchange rate volatility and its hedging with currency instruments. The course also explores the links, in each area, to current developments such as the internationalisation of the Chinese Renminbi, the EMU sovereign debt crisis, the recent financial crisis and global imbalances, forex carry trades and the high volatility of short term exchange rates.
20 hours of lectures and 10 hours of seminars in the LT.
Students are required to undertake a group research project on a given topic in international finance.
A selection of journal articles; background reading from a textbook such as Keith Pilbeam International Finance (Palgrave, 2013, 4th edition)
Exam (100%, duration: 2 hours) in the summer exam period.
Total students 2017/18: 42
Average class size 2017/18: 9
Controlled access 2017/18: Yes
Value: Half Unit
Personal development skills
- Team working
- Problem solving
- Application of numeracy skills