International Financial

Management
MSc. Hoang Ngoc Nhu Y
About The Module
Instructor:
• Hoang Ngoc Nhu Y
• yhnn@ueh.edu.vn

The Module:
• Module: International Financial
Management
• Module credit: 3 credits
• Module period: 45 periods (1/3
periods for LMS)

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Module Description
This module will focus on the following
contents:
Part 1: The macro-environment - where
the MNCs are operating
• Globalization and the Multinational
Corporation
• International Monetary system
• Balance of payment
• Exchange Rate Determination
• International Parity Relationships &
Forecasting Foreign Exchange rates

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Module Description

This module will focus on the following

contents: (cont.)
Part 2: International Finance
• Foreign currency market
• Future on foreign exchange
• Options on foreign exchange
• Swap on foreign exchange
• Foreign exchange exposure management

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Module Objective
The aim of the module is to equip students with the following basic
knowledge and skills:
Part 1: The macro-environment
• Students are able to:
• Identify the macro-environment factors; and
what influences of these factors on MNCs'
operations, esp. in financial operations
• Explain the fluctuation of Exchange rate as well
as Forecasting Exchange rate through the
relationships amongst Inflation, Interest Rates,
Balance of Payments, Government Debt, etc.; or
base on the financial theories about the
international parity relationships (e.g. Interest
Rate Parity, Purchasing Power Parity, Fisher
Effect, etc.) in international financial market.
Part 2: International Finance
• Students are able to:
• Identify the issues and opportunities of MNCs
within managing foreign exchange in
international financial market.
• Distinguish between financial derivatives (such
as forwards, futures, options and swaps
contract).
• Suggest appropriate strategies to speculate or
hedge for MNCs in the international financial
market by using the financial derivatives in the
most effective way.
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Module Material
Main material:
• Eun, C.S., Resnick, B.G. (2015) International
Financial Management (7th ed.). New York: Mc
Graw Hill Education.
Other materials:
• Sharpiro, A.C. (2007) Foundations of Multinational
Financial Management (5th ed.). US: John Wiley &
Son Inc.
• Chance, D. M. and Brooks, R. (2015) An
Introduction To Derivatives and Risk Management
(9th ed.). Singapore: Cengage Learning Asia Pte
Ltd.
• Madura, J. (2011) International Financial
Management. US: South-Western Cengage
Learning. (4)

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Module Grading System
Grading system
Based on Point scale: 10/10
• Case analyses / presentations: 20% 20%,

• Mid-term test: 30%

• Final test: 50% 50%

Note: At the end of the course, each

member in a group must submit a Peer
Evaluation Form, which should be 30%,
attached in the last group assignment
on LMS.
Case analyses / presentations
Mid-term test
Final test

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Others
The course consists of two (2) main types of activities:
• class study (practice exercises, group discussion, presentation)
• independent study (homework and individual/group work on
Learning management system).

In order to succeed this subject, students are required to attend classes

sufficiently (at least 80% classes hours); especially, read the assigned
materials before coming to the class, and practice exercise (at class and
home) are also necessary.

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Thank you