UNIVERSITY OF THE INCARNATE WORD
HEB School of Business and Administration
INTERNATIONAL BANKING AND FINANCE (BFIN 3355/BINT 3355)
STUDY ABROAD-SUMMER I
GENERAL INFORMATION
Professor: Jose F. Moreno, Ph.D.
Office: GB 203
Phone: (210) 930-8011
E-mail: jfmoreno@uiwtx.edu
Office Hours: Appointments available
Prerequisite: ACCT 2311, BFIN 3330 and BINT 3331
Curriculum:
Elective for Banking and Finance specialization and required course for International
Business specialization.
OVERVIEW OF THE COURSE
In this course, the students will learn financial concepts employed by international management to
control risks related to international trading, international banking and international investments. Topics
include exchange rate regimes, the determination of exchange rates, concepts on free trade, the foreign
exchange market, the futures market and other derivative markets, purchase parity relationships,
funding of international trade, country risk, and the international banking activity.
COURSE OUTCOMES AND ASSESMENTS
1. A basic understanding of international financial management evaluated by 2 examinations.
2. Improved written and oral communication skills evaluated by 1 team presentation and 1
individual presentation, and visit reports.
3. Improved interpersonal skills evaluated by classroom activities and visits.
4. Improved technology skills evaluated by 3 homework assignments.
REQUIRED MATERIAL
1. TEXTBOOK: International Financial Management. Jeff Madura. South-Western CENGAGE
Learning, 11th Edition.
2. OTHERS: Calculator with Financial functions or Laptop with Microsoft Excel.
Note: Students have the responsibility to read the chapters. The instructor recommends reading
the chapter BEFORE the session. Then, you can participate most actively during the class.
1
GRADING CRITERIA
Exams (2):
Presentations (2)
Visit Reports (5)
Homework Assignments
40%
20%
30%
10%
PRESENTATIONS: Presentations are activities designed to work on teams. The details of topic and
format of these activities will be discussed during class.
EXAMS: Questions and problems of the exam will be based mostly on exercises and material reviewed in
class. However, some topics included in the textbook could not be mentioned in class but they will be
part of the exam. Then, the instructor strongly recommends reading not only class notes but also the
textbook. There is NO Make-up exams.
ATTENDANCE
 Attendance is important for the success of the course and therefore is required, and it will impact
directly the final grade of the course.
 Punctuality is required, late classes or leaving class early is absence.
 Courtesy and respect to your classmates is in the order of business. Please turn off your cell phone,
iPod or pager. Texting or chatting during class is not allowed.
ACADEMIC HONESTY STATEMENT
The UIW is strongly committed to the nurturing of academic excellence. The UIW expects its students to
pursue and maintain truth, honesty and personal integrity in their academic work. Forms of academic
dishonesty include: cheating, plagiarism, counterfeit work, falsification of academic record, the
unauthorized use of work, theft, collusion, and the facilitation of academic dishonesty. The faculty
expects all students to maintain high ethical standards and adhere to the Code of Academic Integrity as
stated in the UIW Handbook.
DISABILITY ACOMMODATIONS
The University of the Incarnate Word is committed to providing a supportive, challenging, diverse and
integrated environment for all students. In accordance with Section 504 of the Rehabilitation Act –
Subpart E and Title III of the Americans with Disabilities Act (ADA), the University ensures accessibility to
its programs, services and activities for qualified students with documented disabilities.
For more information, contact the Student Disability Services Office:
Location Administration Building – Room 105
Phone (210) 829-3997
Fax (210) 829-6078
www.uiw.edu/sds
2
International Banking and Finance
BFIN 3355/
BINT 3355
Instructor:
Jose Francisco Moreno, Ph.D.
SUMMER I 2016
Course Outline
Week
Topics
Readings
Assignments
1
San Antonio-Frankfurt
1
Frankfurt-Heidelberg
1
International Flow of Funds
Ch.2
1
International Financial Markets
Ch.3
2
Exchange Rate Determination
Ch.4
HW 1: Chapter 2
2
Government Influence on ERs
Ch. 6
PPT 1: Balance of Payments
2
VISIT TO FRANKFURT
2
VISIT TO FRANKFURT
3
Currency Derivatives
Ch.5
3
International Arbitrage and IRP
Ch. 7
3
International Arbitrage and IR/Exam 1
4
VISIT TO STUTGARTT
4
VISIT TO STUTGARTT
4
Inflation, Interest Rates and ERs
5
Measuring Exposure to ER
Ch. 10
5
Managing Transaction Exposure/Exam 2
Ch.11
5
Heidelberg-Frankfurt-San Antonio
PPT 2: Derivatives Contracts
Ch.8
3
HW 2: Chapter 5
HW 3: Chapter 8