International Finance
COURSE DESCRIPTION International Finance – sometimes known as international macroeconomics – is a section of financial economics that deals with the monetary interactions that occur between two or more countries. This study covers the environment, foreign exchange, financial markets, financial …
Overview
COURSE DESCRIPTION
International Finance – sometimes known as international macroeconomics – is a section of financial economics that deals with the monetary interactions that occur between two or more countries. This study covers the environment, foreign exchange, financial markets, financial crisis and capital structure issues.
This paper is intended to equip the candidate with the knowledge and skills on international finance and financial decision making in a global environment.
INCLUDED IN THE COURSE
These materials include item-by-item notes as outlined in the revised Kasneb CIFA syllabus as well as focused questions from previous examinations by the board. In addition, our platform offers a forum for learners to discuss issues related to a certain subject.
Watch out for our online tutorials and videos!
LEARNING OUTCOMES
A candidate must be able to explain and illustrate main course concepts that relate International Finance, such as:
- Evaluate the operations of international financial markets
- Analyse and discuss fixed versus flexible exchange rate regimes
- Explain the operations of foreign exchange markets and risk management strategies
in international markets - Evaluate the need for government in international finance management and
international debt crisis - Assess the role of the multinational corporation in international financial and capital
flows - Analyse the various finance issues related to multinational corporations
- Critique various ethical dilemmas faced by multinational corporations managers.
HOW TO STUDY AND PASS THIS COURSE
- Allocate enough time to the study text. You need at least 2 months to fully grasp the concepts of study.
- Set aside some time to master the content since this course is generally theory.
- Have at least a week to pass through related past papers and final touches.
- Make use of our course-specific forums to discuss with classmates on issues not clear.
Curriculum
- 12 Sections
- 73 Lessons
- 53 Weeks
- CHAPTER 1: THE ENVIRONMENT OF INTERNATIONAL FINANCE8
- 1.11.1 Introduction30 Minutes
- 1.21.2 International Finance
- 1.31.3 Goals of International Finance
- 1.41.4 International Flow of Funds
- 1.51.5 The Balance of Payments53 Weeks
- 1.61.6 Sources of International Finance53 Weeks
- 1.71.7 Terms of Payments in International Trading53 Weeks
- 1.8Past Examinations Questions on Chapter 110 Minutes0 Questions
- CHAPTER 2: THE FOREIGN EXCHANGE MARKET6
- CHAPTER 3: THE FOREIGN EXCHANGE RATES REGIMES7
- 3.13.1 Introduction53 Weeks
- 3.23.2 Fixed or Pegged Exchange Rate System53 Weeks
- 3.33.3 Floating or Flexible Exchange Rate System53 Weeks
- 3.43.4 Managed Floating Exchange Rate Systems53 Weeks
- 3.53.5 Government Intervention in the Foreign Exchange Market30 Minutes
- 3.63.6 Deficit Finance and Exchange Rates53 Weeks
- 3.7Past Examinations Questions on Chapter 30 Questions
- CHAPTER 4: MANAGING FOREIGN EXCHANGE EXPOSURE5
- CHAPTER 5: INTERNATIONAL FINANCIAL MARKETS6
- CHAPTER 6: INTERNATIONAL FINANCIAL CRISIS8
- 6.16.1 Introduction30 Minutes
- 6.26.2 The Debt Crisis52 Weeks
- 6.36.3 Causes and Remedies of the International Debt Crises53 Weeks
- 6.46.4 Bank Management of Loan Exposure53 Weeks
- 6.56.5 Bank Assessment of Country Risk53 Weeks
- 6.66.6 Country Risk Assessment Procedures30 Minutes
- 6.76.7 Basel I, II and III Requirements52 Weeks
- 6.8Past Examinations Questions on Chapter 60 Questions
- CHAPTER 7: FOREIGN DIRECT INVESTMENTS (FDIs)6
- CHAPTER 8: INTERNATIONAL CAPITAL STRUCTURES AND THE COST OF CAPITAL9
- 8.18.1 Introduction53 Weeks
- 8.28.2 Cost of Capital52 Weeks
- 8.38.3 Cost of Capital in Segmented Versus Integrated Markets52 Weeks
- 8.48.4 Comparisons of Capital Structure across Countries52 Weeks
- 8.58.5 Cross-Border Listings of Stocks52 Weeks
- 8.68.6 Capital Asset Pricing Model (CAPM) under Cross-Listings52 Weeks
- 8.78.7 The Effect of Foreign Equity Ownership Restrictions52 Weeks
- 8.88.8 The Financial Structure of Subsidiaries52 Weeks
- 8.9Past Examinations Questions on Chapter 80 Questions
- CHAPTER 9: INTERNATIONAL CAPITAL BUDGETING8
- 9.19.1 Introduction52 Weeks
- 9.29.2 Subsidiary versus Parent Perspective52 Weeks
- 9.39.3 Foreign Investment Decision Process52 Weeks
- 9.49.4 Factors to Consider in Multinational Capital Budgeting52 Weeks
- 9.59.5 The Adjusted Present Value Model52 Weeks
- 9.69.6 Risk Adjustment in Capital Budgeting Analysis52 Weeks
- 9.79.7 Restructuring Decision53 Weeks
- 9.8Past Examinations Questions on Chapter 90 Questions
- CHAPTER 10: MULTINATIONAL CASH MANAGEMENT8
- 10.110.1 Introduction52 Weeks
- 10.210.2 Management of Multinational Cash Balances52 Weeks
- 10.310.3 Cash Management Systems in Practice52 Weeks
- 10.410.4 Transfer Pricing and Related Issues52 Weeks
- 10.510.5 Blocked Funds52 Weeks
- 10.610.6 Factors Influencing Financing in Foreign Currencies53 Weeks
- 10.710.7 Cash Flow Management53 Weeks
- 10.8Past Examinations Questions on Chapter 100 Questions
- CHAPTER 11: THE INTERNATIONAL TAX ENVIRONMENT9
- 11.111.1 Introduction52 Weeks
- 11.211.2 The Objectives of Taxation52 Weeks
- 11.311.3 Types of Taxation52 Weeks
- 11.411.4 National Tax Environment52 Weeks
- 11.511.5 Organisational Structures for Reducing Tax Liabilities52 Weeks
- 11.611.6 Use of Transfer Pricing to Reduce Taxes52 Weeks
- 11.711.7 Corporate Behaviour and International Tax Laws52 Weeks
- 11.811.8 Multinational Corporate Policy53 Weeks
- 11.9Past Examinations Questions on Chapter 110 Questions
- CHAPTER 12: ETHICS IN THE INTERNATIONAL FINANCIAL ENVIRONMENT4