International Finance

Code

BUSI3053

School

Nottingham University Business School

Level

3

Credits

10

Semesters

Autumn Malaysia

Summary

This module discusses and analyses the management of the international finance function of firms. Typical issues include: Foreign Exchange markets, foreign exchange and other international risks, international financial markets, international investment decisions and foreign trade.

Target Students

Available to Part II Business Schoolstudents with the required pre-requisite BUSI2151 Corporate Finance or BUSI2054Financial Management.Not available to students taking or who have taken BUSI3159 Finance in the Global Market.

Classes

• One 1-hour seminar each week for 3 weeks
• One 2-hour lecture each week for 10 weeks

Ten 2-hour lectures and three 1-hour seminars per semester.

Assessment

• 100% Exam 1 (2-hour): One 2-hour examination

Assessed by end of autumn semester

Educational Aims

Learning Outcomes

Knowledge and understanding

This module develops a knowledge and understanding of:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The development, access and operation of markets for resources, goods and services.
• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision making.
• The use of accounting and other information systems for managing financial risk.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives on the economic, social and environmental conditions of the future.
• The different approaches for segmentation, targeting, positioning, generating sales and the need for innovation in product and service design.
• Economic policy at the macroeconomic level showing an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
• The development of strategic priorities to deliver business at speed in an environment where digital technology has reshaped traditional revenue and business models.

Intellectual skills

This module develops:

• The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
• The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making.
• Conceptual and critical thinking, analysis, synthesis and evaluation.

Professional practical skills

This module develops:

• Numeracy and quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena.
• Self-analysis and awareness/sensitivity to diversity in terms of people and cultures. This includes a continuing appetitie for development.
• People management, to include communications, team building, leadership and motivating others.
• Commercial acumen based on an awareness of the key drivers for business success, causes of failure and the importance of providing customer satisfaction and building customer loyalty.
• The ability to act entrepreneurially to generate, develop and communicate ideas, manage and exploit intellectual property, gain support and deliver successful outcomes.

Transferable (key) skills

This module develops:

• Communication and listening including the ability to produce clear, structured business communications in a variety of media.
• An awareness of the interpersonal skills of effective listening, negotiating, persuasion and presentation and their use in generating business contacts.
• Ability to work collaboratively both internally and with external customers and an awareness of mutual interdependence.
• Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
• Ability to work with people from a range of cultures.
• Articulating and effectively explaining information.
• Building and maintaining relationships.

Conveners

• Dr Wan Masliza Wan Mohammad