International Banking and Finance

1. Overview of the financial system and international financial markets

- Financial institutions

- Banking models

- Trends in international banking

- Foreign exchange market

- International money market

- International credit market

- International bond market

- International stock market

- Sources of financing used by multinational companies

2. Financial crisis in 2008

- Reasons of the financial crisis

- Securitisation of assets

- Consequences of the crisis

3. Central banking

- Functions of central banks

- Operations of central banks

- Central banks round the world

4. Regulations of financial institutions - overview

- Regulations of banking

- Regulations of insurance

- Regulations of asset management

5. Development of transnational banks

- Reasons

- Legal forms

- Functions

- Theoretical models of trans-borders M&As

6. Exchange rate determination and forecasting

- Exchange rate equilibrium

- Factors influencing exchange rates

- Exchange rate systems

- Intervention as a policy tool

- Forecasting exchange rates

- Measuring exposure to exchange rate fluctuations

7. Currency derivatives

- Forward market

- Futures market

- Options market

8. Managing transaction exposure

- Transaction exposure

- Techniques to eliminate transaction exposure

9. Country Risk Analysis

- Political factors

- Financial factors

- Techniques to assess country risk

10. Global financial centres

• To provide students with an understanding of the unique aspects of international banking and finance

• Understanding the main theories of exchange rate determination and use them to forecast

• To provide students with the requisite skills in dealing with the additional risks confronting the multinational corporation

• To develop the students’ ability to make effective decisions in the frame of international banking and finance.