IBF and MNCs
Fall 2014
IZMIR UNIVERSITY
Economics and Administrative Sciences
International Business Finance and Multinational Companies
ITF 358
Dr. Zeliha Ilhan Ertuna
:
Office:
C 106
E-Mail:
zeliha.ertuna@izmir.edu.tr
Office Hours:
Wednesdays 13: 30 to 15:30
Website:
http://ziertuna.weebly.com/
Class:
A 104
MATERIALS:
Required Text Book:
Multinational Business Finance (Thirteenth Edition) by Eiteman, Stonehill, Moffett
Any notices will be posted on my web site http://ziertuna.weebly.com/
COURSE OBJECTIVES:
The aim of this course is to enable the students to understand the working environment of
multinational companies and the additional risks they face. The emphasis will be on the
evaluation of financial consequences of operating globally, and the role of financial management
in maintaining global competitiveness.
IBF and MNCs
CLASS POLICIES:
Fall 2014
Attendance: Students are expected to attend class every day and have the homework
assignments for that day completed. You need to bring your book, your notebook and a
calculator to each class.
Attendance policy of the University will be applied.
Homework: Problems of each chapter should be completed in tandem with the lectures
covering the materials. The assignments represent the minimum that a student needs to
know in order to pass the exams. The student has the responsibility of checking his/her
own answers. If questions arise concerning the homework please utilize my office hours.
COURSE GRADE:
Behavior & Participation
Assignments
Midterm Exam
Final Exam
(10%)
(20%)
(30%)
(40%)
The weights shown above determine the final numerical grade for the course.
COMPONENTS OF STUDENT EVALUATION:
Mid-term and Final Exams, Assignments:

Exams and assignments will cover the homework and lectures associated with the topics noted in
class and on syllabus.
SUGGESTIONS FOR SUCCESS:
* In the past I have found it to be extremely helpful if students review their notes each day to
make certain they understand the concepts and methodologies completely. (i.e., review the logic
behind each step when we are covering problem oriented material).
* I urge students having difficulty to ask their questions after class or use e-mail. I am willing to
help the student who has made an honest attempt to understand the material. Do your
preparation first and then come and see me about your questions.
* Students should always attempt problems during the week assigned and develop a set of
questions if they are not able to complete a particular problem.
IBF and MNCs
COURSE OUTLINE (Wednesdays)
Date
Fall 2014
Topic
Week 1
Sep. 24
Introduction
Week 2
Oct. 01
Current Multinational Financial Challenges (Chapter 1)
Week 3
Oct. 08
The International Monetary System (Chapter 3)
Week 4
Oct. 15
The Global Cost of Capital (Chapter 13)
Week 5
Oct. 22
The Global Cost of Capital (Chapter 13)
Week 6
Oct. 29
Republic Day (Holiday)
Week 7
Nov. 05
Midterm Review
Week 8
Nov. 12
Midterm Exam
Week 9
Nov. 19
International Debt and Equity Financing (Chapter 14)
Week 10
Nov. 26
International Debt and Equity Financing (Chapter 14)
Week 11
Dec. 03
International Portfolio Theory (Chapter 16)
Week 12
Dec. 10
FDI: Returns and Risks (Chapter 17)
Week 13
Dec. 17
Multinational Investment and Acquisition (Chapter 18)
Week 14
Dec. 24
Financial Management of Multinational Operations (Chapter 19)
Week 15
Dec. 31
Final Exam Review
`
Final Exam Week:
January 5 - 16, 2014
* Please note this is a tentative schedule and changes may be necessary as the semester unfolds. It is
the student’s responsibility to learn these changes if s/he was not in class the day the change was
announced.