IZMIR UNIVERSITY OF ECONOMICS

FACULTY OF ECONOMICS AN ADMINISTRATIVE SCIENCES

 

COURSE

ITF 301 INTERNATIONAL FINANCE

SEMESTER

Fall 2013

INSTRUCTOR

Assoc. Prof. Dr. C Coşkun KÜÇÜKÖZMEN

E-MAIL

coskun.kucukozmen@ieu.edu.tr

TEXTBOOK

MULTINATIONAL BUSINESS FINANCE

by David K. Eitemen, Arthur I. Stonehill, Michael H. Moffett, Pearson, 13th Edition

CLASS SCHEDULE

Monday 17:00-17:50 and Wednesday 11:00-12:50

OFFICE

Room No: C814 Phone: 4889868

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

 

EXAMS:

 

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.

 

In exams, you can use a calculator. Actually, I strongly recommend you to buy a sophisticated calculator for this course as you will definitely need it throughout the semester.

 

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 GRADING

Course grades will be based on a weighted composite of performance evaluations in several areas:

Mid-term Exam

25%

Final exam

35%

Term Project

20%

Quizzes

10%

Participation and Attendance

10%

 

 

COURSE OUTLINE:

 

CHAPTER

TOPIC

ASSIGNMENT

Sept. 23,2013

 

Introduction

 

Sept. 25,2013

1

Globalization and the Multinational Firm

 

Sept. 30,2013

1

Globalization and the Multinational Firm

 

Oct. 2,2013

3-5

International Monetary System

and the US and European Financial Crises

www.imf.org/external/about.htm

www.bea.doc.gov

 

Oct. 7,2013

3-5

International Monetary System

and the US and European Financial Crises

(contd)

www.imf.org/external/about.htm

www.bea.doc.gov

 

Oct. 9,2013

3-5

International Monetary System

and the US and European Financial Crises

(contd)

www.imf.org/external/about.htm

www.bea.doc.gov

 

Oct. 21,2013

3-5

International Monetary System and the US and European Financial Crises

(contd)

www.imf.org/external/about.htm

www.bea.doc.gov

 

Oct. 23,2013

4

Balance of Payments

www.oecd.org/std/nadata.htm

www.oanda.com

www.pei-intl.com/quatoes/watch.htm

 

Oct. 28,2013

4

Balance of Payments(contd)

www.oecd.org/std/nadata.htm

www.oanda.com

www.pei-intl.com/quatoes/watch.htm

 

Oct. 30,2013

4

Balance of Payments(contd)

www.oecd.org/std/nadata.htm

www.oanda.com

www.pei-intl.com/quatoes/watch.htm

 

Nov. 4,2013

4

Balance of Payments(contd)

www.oecd.org/std/nadata.htm

www.oanda.com

www.pei-intl.com/quatoes/watch.htm

 

Nov. 6,2013

6

The Foreign Exchange Market

www.bankofony.com/adr

www.easdaq.be

www.ifc.org

 

Nov. 11,2013

6

The Foreign Exchange Market (contd)

www.bankofony.com/adr

www.easdaq.be

www.ifc.org

 

Nov. 13,2013

 

Review

 

Nov. 18,2013

 

Mid-term Exam

 

Nov. 20,2013

6

The Foreign Exchange Market (contd)

www.bankofony.com/adr

www.easdaq.be

www.ifc.org

 

Nov. 25,2013

6

The Foreign Exchange Market (contd)

www.bankofony.com/adr

www.easdaq.be

www.ifc.org

 

Nov. 27,2013

7

International Parity Conditions

www.bis.org

www.ny.frb.org

www.cnnfn.com/markets/currencies

 

Dec. 2,2013

7

International Parity Conditions (contd)

www.bis.org

www.ny.frb.org

www.cnnfn.com/markets/currencies

 

Dec. 4,2013

7

International Parity Conditions (contd)

www.bis.org

www.ny.frb.org

www.cnnfn.com/markets/currencies

 

Dec. 9,2013

7

International Parity Conditions (contd)

www.bis.org

www.ny.frb.org

www.cnnfn.com/markets/currencies

 

Dec. 11,2013

 

Term Project Presentation

 

Dec. 16,2013

 

Term Project Presentation

 

Dec. 18,2013

 

Term Project Presentation

 

Dec. 23,2013

 

Term Project Presentation

 

Dec. 25,2013

 

Term Project Presentation

 

Dec. 30,2013

 

Review

 

 

·         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.

  • The above syllabus is tentative and can be changed by the instructor at any time by informing the related department’s head.