CQUniversity Unit Profile
FINC20023 International Financial Management
International Financial Management
All details in this unit profile for FINC20023 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student).
The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.
Corrections

Unit Profile Correction added on 26-03-20

The end of term examination has now been changed to an alternate form of assessment. Please see your Moodle site for details of the assessment.

General Information

Overview

The unit covers a range of concepts and their application to international financial management. The concepts include those encountered in international financial markets including issues that have led to the global financial crisis. The unit provides an analysis of modern theory and current practice in international financial management. This unit covers major topics in foreign exchange markets, Euromarkets, parity concepts and applications, exchange rate forecasting, cost of capital, risk management strategies, portfolio management and capital budgeting tools in an international environment. If you have successfully completed the unit FINC20008 you should not enrol in this unit.

Details

Career Level: Postgraduate
Unit Level: Level 9
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

Pre-requisites or Co-requisites

There are no requisites for this unit.

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Offerings For Term 1 - 2020

Brisbane
Melbourne
Online
Sydney

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Class and Assessment Overview

Recommended Student Time Commitment

Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Class Timetable

Bundaberg, Cairns, Emerald, Gladstone, Mackay, Rockhampton, Townsville
Adelaide, Brisbane, Melbourne, Perth, Sydney

Assessment Overview

1. Presentation and Written Assessment
Weighting: 30%
2. Written Assessment
Weighting: 20%
3. Examination
Weighting: 50%

Assessment Grading

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Policy for more details of interim results and final grades.

Previous Student Feedback

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback from Self-reflection and Student feedback

Feedback

Additional resources to explain the math and finance background may be useful

Recommendation

Some additional resources are to be incorporated for the upcoming offerings

Feedback from Self-reflection

Feedback

May incorporate some additional case studies

Recommendation

Some additional case studies are to be incorporated in future offerings

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. Access and interpret the contemporary international financial management scholarly literature
  2. Explain the application of the theoritical concepts involved in international financing and investment decisions
  3. Use appropriate analytical techniques for foreign exchange problems faced by multinational enterprises
  4. Develop skills and analyse contemporary issues in international financial management.
Alignment of Learning Outcomes, Assessment and Graduate Attributes
N/A Level
Introductory Level
Intermediate Level
Graduate Level
Professional Level
Advanced Level

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3 4
1 - Presentation and Written Assessment - 30%
2 - Written Assessment - 20%
3 - Examination - 50%

Alignment of Graduate Attributes to Learning Outcomes

Graduate Attributes Learning Outcomes
1 2 3 4
1 - Knowledge
2 - Communication
3 - Cognitive, technical and creative skills
4 - Research
5 - Self-management
6 - Ethical and Professional Responsibility
7 - Leadership
8 - Aboriginal and Torres Strait Islander Cultures

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8
1 - Presentation and Written Assessment - 30%
2 - Written Assessment - 20%
3 - Examination - 50%
Textbooks and Resources

Textbooks

Prescribed

Multinational Business Finance

Edition: 14 (2016)
Authors: Eiteman, DK, Stonehill, Al, Moffett, MH
Pearson Education Limited
USA
ISBN: 9781292097879
Binding: Paperback

Additional Textbook Information

Paper copies can be purchased from the CQUni Bookshop here: http://bookshop.cqu.edu.au (search on the Unit code)

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • Access to University Library System
  • Different online resources indicated on Moodle.
  • MSOffice (Excel, Word, Powerpoint etc) or similar software
Referencing Style

All submissions for this unit must use the referencing style: American Psychological Association 6th Edition (APA 6th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Tasadduq Imam Unit Coordinator
t.imam@cqu.edu.au
Schedule
Week 1 Begin Date: 09 Mar 2020

Module/Topic

Current Multinational Financial Challenges; Ownership and Governance of the Corporation

Chapter

1 & 4

Events and Submissions/Topic

Week 2 Begin Date: 16 Mar 2020

Module/Topic

The International Monetary System; The Balance of Payments

Chapter

2 & 3

Events and Submissions/Topic

Week 3 Begin Date: 23 Mar 2020

Module/Topic

The Foreign Exchange Market; and International Parity Conditions

Chapter

5 & 6

Events and Submissions/Topic

Week 4 Begin Date: 30 Mar 2020

Module/Topic

The Foreign Exchange Market; and International Parity Conditions (continued)

Chapter

5 & 6

Events and Submissions/Topic

Week 5 Begin Date: 06 Apr 2020

Module/Topic

Currency Derivatives

Chapter

7

Events and Submissions/Topic


Vacation Week Begin Date: 13 Apr 2020

Module/Topic

Chapter

Events and Submissions/Topic

Week 6 Begin Date: 20 Apr 2020

Module/Topic

The Determination of Exchange Rates

Chapter

9

Events and Submissions/Topic

(Individual/Group) Practical and Written Assessment Due: Week 6 Friday (24 Apr 2020) 11:59 pm AEST
Week 7 Begin Date: 27 Apr 2020

Module/Topic

Transaction Exposure

Chapter

10

Events and Submissions/Topic

Week 8 Begin Date: 04 May 2020

Module/Topic

Operating Exposure

Chapter

12

Events and Submissions/Topic

Week 9 Begin Date: 11 May 2020

Module/Topic

Global Cost of Capital and Capital Availability

Chapter

13

Events and Submissions/Topic

(Individual) Test of Knowledge Due: Week 9 Friday (15 May 2020) 11:59 pm AEST
Week 10 Begin Date: 18 May 2020

Module/Topic

Raising Debt & Equity Globally

Chapter

14

Events and Submissions/Topic

Week 11 Begin Date: 25 May 2020

Module/Topic

Foreign Direct Investment and Political Risks

Chapter

17

Events and Submissions/Topic

Week 12 Begin Date: 01 Jun 2020

Module/Topic

Revision

Chapter

ALL chapters covered in earlier weeks

Events and Submissions/Topic

Review/Exam Week Begin Date: 08 Jun 2020

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 15 Jun 2020

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Presentation and Written Assessment

Assessment Title
(Individual/Group) Practical and Written Assessment

Task Description

This assessment relates to a case study. You are to assess the case study and respond to a set of mainly discussion questions based on the study. You have the opportunity to undertake the assignment individually or in a group of no more than three students. You are to submit the assessment through Moodle. For group submission, only one member of the team needs to submit. There may be few additional task requirements for a group submission as compared to an individual submission. This is mainly a written assessment. However, there can also be a short video recording and presentation component, details of which will be advised via Moodle. You need to provide comprehensive answers to the set questions. You may include spreadsheets, diagrams, tables, graphs and relevant references to support your critical analysis. The questions you need to answer and the marking criteria will be advised on Moodle by the end of Week 1.


Assessment Due Date

Week 6 Friday (24 Apr 2020) 11:59 pm AEST


Return Date to Students

Week 9 Monday (11 May 2020)

Further return information will be advised on Moodle


Weighting
30%

Assessment Criteria

The assessment will be judged upon:

  • Knowledge and understanding of related topic and questions
  • Research skills
  • Effective communication skills
  • Evaluation skills

The detailed criteria, including marks allocated for each question, will be advised on Moodle.


Referencing Style

Submission
Online Group

Learning Outcomes Assessed
  • Access and interpret the contemporary international financial management scholarly literature
  • Explain the application of the theoritical concepts involved in international financing and investment decisions


Graduate Attributes
  • Knowledge
  • Communication
  • Cognitive, technical and creative skills
  • Research
  • Self-management
  • Ethical and Professional Responsibility
  • Leadership

2 Written Assessment

Assessment Title
(Individual) Test of Knowledge

Task Description

This is an assessment to be addressed individually. This assessment item consists of a set of questions and problems based on weeks 1 to 7 inclusive. You are to respond to the questions and upload your submission as a doc/docx/rtf format using the respective submission link on Moodle. Further details on the questions you need to answer will be provided on Moodle by Week 5.

Some points to note:

  • The assessment is to be typed, and you are to show any relevant formula and calculation steps. You can show your calculations through an Equation Editor, MathType or similar tools. Do not round until the final answer is reached and then show answers to two decimal places.
  • For discussion questions, you need to use the library and online resources further to the prescribed textbook. The referencing style needs to be consistent, and you are to adopt proper academic writing process.



Assessment Due Date

Week 9 Friday (15 May 2020) 11:59 pm AEST


Return Date to Students

Week 12 Monday (1 June 2020)

Further return information will be advised on Moodle


Weighting
20%

Assessment Criteria

The assessment will be judged based upon:

  • The accuracy of the answers
  • The analytical skills demonstrated in answering the questions/problems and/or applying knowledge to specific question/problem
  • Presentation, including proper citations and referencing (for discussion questions), and calculation steps and formula (for math problems)
  • Setting out the responses in a logical and easy to follow manner

Details will be advised on Moodle.


Referencing Style

Submission
Online

Learning Outcomes Assessed
  • Access and interpret the contemporary international financial management scholarly literature
  • Explain the application of the theoritical concepts involved in international financing and investment decisions
  • Use appropriate analytical techniques for foreign exchange problems faced by multinational enterprises
  • Develop skills and analyse contemporary issues in international financial management.


Graduate Attributes
  • Knowledge
  • Communication
  • Self-management
  • Ethical and Professional Responsibility

Examination

Outline
Complete an invigilated examination

Date
During the examination period at a CQUniversity examination centre

Weighting
50%

Length
180 minutes

Exam Conditions
Closed Book

Materials
Dictionary - non-electronic, concise, direct translation only (dictionary must not contain any notes or comments).
Calculator - all non-communicable calculators, including scientific, programmable and graphics calculators are authorised
Academic Integrity Statement

As a CQUniversity student you are expected to act honestly in all aspects of your academic work.

Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.

When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.

Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.

As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.

What is a breach of academic integrity?

A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.

Why is academic integrity important?

A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.

Where can I get assistance?

For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.

What can you do to act with integrity?