FACULTY
OF ECONOMICS AN ADMINISTRATIVE SCIENCES
|
COURSE |
ITF 301 INTERNATIONAL FINANCE |
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SEMESTER |
Fall 2013 |
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INSTRUCTOR |
Assoc. Prof. Dr. C Coşkun KÜÇÜKÖZMEN |
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coskun.kucukozmen@ieu.edu.tr |
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TEXTBOOK |
MULTINATIONAL BUSINESS FINANCE by David K. Eitemen, Arthur I. Stonehill, Michael H. Moffett, Pearson, 13th Edition |
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CLASS SCHEDULE |
Monday 17:00-17:50 and Wednesday 11:00-12:50 |
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OFFICE |
Room No: C814 Phone: 4889868 |
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OFFICE HOURS |
Tuesday 14:00-17:00 |
COURSE OBJECTIVES:
As you may be aware, the scope and content of international finance have been fast owing to deregulation of financial markets, product innovations, and technological advancements. As capital markets of the world are becoming more integrated, a solid understanding of international finance has become essential for astute decision-making. Reflecting the growing importance of international finance as a discipline, there is a sharp increase in the demand for experts in both the corporate and academic worlds.
In this regard, the objective of the course is to acquaint you about the essential skills as well as to provide you with the adequate practical and theoretical background regarding international finance that can further be used in professional or academic career. The course is structured in such a manner so that you can acquire these necessary skills to conduct a sophisticated assessment of current issues and debates covered by popular media as well as more specialized finance journals.
METHOD OF TEACHING:
The body of knowledge of the course draws from wide range of disciplines including economics, finance, mathematics and statistics. Throughout the course, your analytical skills will be particularly enhanced such that at the end of the course, students should be able to understand, analyze and interpret various issues relating to International Finance in practical life. This will be accomplished with an active approach to teaching as well as working on various assignments and problems that are integral parts of this particular discipline.
TERM PROJECT:
There will also be a comprehensive term project that you need to submit at the end of the semester. The content of the term project will be announced throughout the semester.
Same term project topic can be assigned to you but
make sure that the reports on these term projects are not identical or a very
similar version of the other. In case so,
they will be treated as a plagiarism and will be penalized accordingly. In
short, you need to prove your contribution to the project by using your own
words or sentences in addition to the citations or references you have used to
write the project.
More detailed information concerning the term project will be provided throughout the semester.
The deadline for term project submission will be announced later.
As a very important notice, in preparing the assignments or
the term project, you can use various suggested websites for reference purposes
but you definitely cannot copy and paste the contents of these websites in your
assignments. You need to contribute with your own wording in these assignments.
Even if you decide to use the same phrase from the website, you need to show
that in quotation marks. (“ “). Any assignment that violates these general
rules will be treated as plagiarism and will be penalized accordingly
There will be one midterm exam and a final
throughout the course. There will be also some short quizzes. The main reason
why there will be quizzes is to keep you up with the schedule. In other words,
in this course, content of each chapter is built on the previous ones and are
highly related. In this respect, when you take the quizzes, submit your
assignments and most importantly attend the class on a regular basis, you will
be almost ready for the midterm and final exams. The quizzes will take around
15-20 minutes and will be conducted at the beginning or end of the lectures. In
addition, your lowest quiz score will be dropped and will not be counted
towards your average quiz grade. If you miss a quiz, that will be considered as
your lowest quiz score. More information will be provided about quizzes as we
proceed in the semester.
Midterm and final exams will consist of multiple-choice questions and problems. The end-of-chapter problem assignments and quizzes will be excellent sources to prepare for the midterm and final as the exams will be similar to assignments and quiz questions.
Final exam will be comprehensive There will be a class period for final exam review to discuss the possible contents of the final exam as well as to solve some problems.
WEBSITE:
http://www.coskunkucukozmen.com Any announcements, lecture notes if any and all other materials pertaining to this class will be posted in this site. I encourage you to visit the site frequently and as mentioned, it is the student’s responsibility to keep up with the updates in the website.
Course grades will be based on a weighted composite of performance evaluations in several areas:
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Mid-term Exam |
25% |
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Final exam |
35% |
|
Term Project |
20% |
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Quizzes |
10% |
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Participation and Attendance |
10% |
COURSE OUTLINE:
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CHAPTER
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TOPIC
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ASSIGNMENT
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Sept.
23,2013 |
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Introduction
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Sept.
25,2013 |
1 |
Globalization and the
Multinational Firm
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|
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Sept.
30,2013 |
1 |
Globalization and the
Multinational Firm
|
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Oct. 2,2013 |
3-5 |
International Monetary
System
and the US and European Financial Crises |
www.imf.org/external/about.htm |
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Oct. 7,2013 |
3-5 |
International Monetary
System
and the US and European Financial Crises (contd)
|
www.imf.org/external/about.htm |
|
Oct. 9,2013 |
3-5 |
International Monetary
System
and the US and European Financial Crises (contd)
|
www.imf.org/external/about.htm |
|
Oct.
21,2013 |
3-5 |
International Monetary
System and the US and European Financial Crises
(contd)
|
www.imf.org/external/about.htm |
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Oct.
23,2013 |
4 |
Balance of Payments |
www.pei-intl.com/quatoes/watch.htm |
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Oct.
28,2013 |
4 |
Balance of Payments(contd) |
www.pei-intl.com/quatoes/watch.htm |
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Oct.
30,2013 |
4 |
Balance of Payments(contd) |
www.pei-intl.com/quatoes/watch.htm |
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Nov. 4,2013 |
4 |
Balance of Payments(contd) |
www.pei-intl.com/quatoes/watch.htm |
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Nov. 6,2013 |
6 |
The Foreign Exchange
Market
|
www.bankofony.com/adr
|
|
Nov.
11,2013 |
6 |
The Foreign Exchange
Market (contd)
|
www.bankofony.com/adr
|
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Nov.
13,2013 |
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Review
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Nov. 18,2013 |
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Mid-term Exam
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Nov. 20,2013 |
6 |
The Foreign Exchange Market (contd) |
www.bankofony.com/adr
|
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Nov. 25,2013 |
6 |
The Foreign Exchange Market (contd) |
www.bankofony.com/adr
|
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Nov. 27,2013 |
7 |
International Parity Conditions |
www.bis.org
www.cnnfn.com/markets/currencies |
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Dec. 2,2013 |
7 |
International Parity Conditions (contd) |
www.bis.org
www.cnnfn.com/markets/currencies |
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Dec. 4,2013 |
7 |
International Parity Conditions (contd) |
www.bis.org
www.cnnfn.com/markets/currencies |
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Dec. 9,2013 |
7 |
International Parity Conditions (contd) |
www.bis.org
www.cnnfn.com/markets/currencies |
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Dec.
11,2013 |
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Term Project Presentation |
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Dec.
16,2013 |
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Term Project Presentation |
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Dec.
18,2013 |
|
Term Project Presentation |
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Dec. 23,2013 |
|
Term Project Presentation |
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Dec. 25,2013 |
|
Term Project Presentation |
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Dec. 30,2013 |
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Review |
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· The above syllabus is tentative and can be changed by the instructor at any time.
· The student is supposed to be aware of the facts written on the syllabus and should keep a track of changes in the course conduct throughout the semester.