TROY UNIVERSITY MASTER SYLLABUS SORRELL COLLEGE OF BUSINESS FIN 4435 International Finance Prerequisites FIN 3331. Description A comprehensive introduction and overview of international finance with emphasis upon multinational corporation management, international trade, foreign exchange, and international financial markets, institutions, and instruments. Prerequisite: FIN 3331. Objectives On completion of the course, the student should be able to: 1. 2. 3. 4. 5. 6. 7. 8. 9. Define and explain basic concepts and terminology in international finance. Explain the basis for international trade. Determine and convert the prices of international goods and services using exchange rates. Explain the effects of tariffs, quotas, and subsidies, and discuss the advantages and disadvantages of protectionism. Explain balance of payments, balance of trade, trade deficit, and trade surplus. Identify and describe international financial markets, institutions, and instruments. Explain the mechanism for international payments. Discuss the concept and importance of country risk. Apply principles of global strategic planning to an international-finance scenario. Purpose To provide a comprehensive introduction and overview of the field of international finance. This course covers the knowledge needed to manage the international aspects of multinational firms, the operations of international and foreign bank and financial institutions, and the operations of all firms, organizations, and individuals active in the current and future global business and financial environments. Meets the International Area requirement for the Business Administration core (all majors), with faculty advisor permission. BABA/BSBA General Business major specified elective (International Business concentration). Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook. The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance. 1 August 2005 Master Syllabus: FIN 4435 2 Approved Texts Madura, J. (2006 or current). International financial management (8th ed.). Mason, OH: Thomson/South-Western. Daniels, VanHoose, International Monetary and Financial Economics, (latest edition) Thompson/Southwestern. Supplements As deemed appropriate. Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space): 1. Course title 8. Classroom 2. Course number + location section 9. Office location + 3. Term e-mail address 4. Instructor 10. Office telephone 5. Prerequisites 11. Course 6. Office hours description, 7. Class days, times objectives 12. Text(s) 13. Other materials 14. Grading methods, 16. General supports criterion weights, (computer works, make-up policy, writing center) mid-term grade 17. Daily assignments, reports holidays, add/drop 15. Procedure, course & open dates, requirements dead day, final exam 18. ADA statement 23. Cheating policy 19. Electronic device 24. Specialization statement requirements 20. Additional (certification, services, licensure, teacher statements competencies) 21. Absence policy 22. Incomplete-work policy