Course detail

International finance

FP-mfPAcad. year: 2012/2013

The course focuses on the following topics: definition of international finance, risks in international trade, payment terms, payment instruments, hedging, export financing, export credits, export credit insurance.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Guarantor

prof. Ing. Marek Zinecker, Ph.D.

Department

Institute of Finances (ÚF)

Learning outcomes of the course unit

Students will be able to identify individual needs according to the area of company international activities, they will be aware of the financial backing of these needs, they will be able to define and apply external resources for export financing, as well as methods of hedging.

Prerequisites

Knowledge of corporate finance, knowledge of statement and accounting procedures for entrepreneurs, knowledge of international business.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

Conditions for passing an exam: Knowledge of taught topics and its practical application.
Form of examination: Combined – a written test and an oral examination if necessary.
Conditions for awarding the course-unit credit: Active participation in exercises will be controlled and assessed by the teacher. Presentation of an assignment.

Course curriculum

Topics of lectures are the following:
importance of international finance;
risks of international business;
terms of payments;
short-term export finance;
long-term export finance;
export credit insurance;
export credit agencies.

Work placements

Not applicable.

Aims

The main objective of the course is to provide students with the necessary theoretical knowledge regarding international finance. It requires mastering the up-to-date approaches to defining terms of payment in international finance, payment instruments, hedging, forms of financing and export credit insurance.

Specification of controlled education, way of implementation and compensation for absences

Control of results of independent work on assigned tasks. In case of excused absence from seminars, the teacher can set additional condition if appropriate, usually elaboration of partial written task.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended literature

Not applicable.

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-UFRP , 2 year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

prof. Ing. Marek Zinecker, Ph.D.

Syllabus

Topics of lectures are the following:
importance of international finance;
risks of international business;
terms of payments;
short-term export finance;
long-term export finance;
export credit insurance;
export credit agencies.

Exercise

13 hod., compulsory

Teacher / Lecturer

Ing. Natalia Mokhova, Ph.D.

Syllabus

The seminars are focused on practising the lectured topics and elaboration of case studies (both individually and in teams).