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.
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 - 2021

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: 40%
2. Written Assessment
Weighting: 60%

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

Some update of slides and contents will be useful.

Recommendation

Some slides and related resources will be updated to cover new case studies concerning the current context.

Feedback from Self-reflection

Feedback

Some changes in assessment questions may lead to more engagement.

Recommendation

The future delivery of the unit will include some changes in assessment questions, while maintaining the same assessment structure, graduate attributes tested, and learning outcomes, for making the unit even more engaging.

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 - 40%
2 - Written Assessment - 60%

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 - 40%
2 - Written Assessment - 60%
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

You can also use the e-book as an alternative to the paperback. Some updated materials in relation to the book's contents will be provided on Moodle.

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 7th Edition (APA 7th edition)

For further information, see the Assessment Tasks.

Teaching Contacts
Tasadduq Imam Unit Coordinator
t.imam@cqu.edu.au
Schedule
Week 1 Begin Date: 08 Mar 2021

Module/Topic

Current Multinational Financial Challenges; Ownership and Governance of the Corporation

Chapter

1 & 4

Events and Submissions/Topic

Week 2 Begin Date: 15 Mar 2021

Module/Topic

The International Monetary System; The Balance of Payments

Chapter

2 & 3

Events and Submissions/Topic

Week 3 Begin Date: 22 Mar 2021

Module/Topic

The Foreign Exchange Market; and International Parity Conditions

Chapter

5 & 6

Events and Submissions/Topic

Week 4 Begin Date: 29 Mar 2021

Module/Topic

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

Chapter

5 & 6

Events and Submissions/Topic

Week 5 Begin Date: 05 Apr 2021

Module/Topic

Currency Derivatives

Chapter

7

Events and Submissions/Topic


Vacation Week Begin Date: 12 Apr 2021

Module/Topic

Chapter

Events and Submissions/Topic

Week 6 Begin Date: 19 Apr 2021

Module/Topic

The Determination of Exchange Rates

Chapter

9

Events and Submissions/Topic

Case Study and Presentation Due: Week 6 Friday (23 Apr 2021) 11:59 pm AEST
Week 7 Begin Date: 26 Apr 2021

Module/Topic

Transaction Exposure

Chapter

10

Events and Submissions/Topic

Week 8 Begin Date: 03 May 2021

Module/Topic

Operating Exposure

Chapter

12

Events and Submissions/Topic

Week 9 Begin Date: 10 May 2021

Module/Topic

Global Cost of Capital and Capital Availability

Chapter

13

Events and Submissions/Topic


Week 10 Begin Date: 17 May 2021

Module/Topic

Raising Debt & Equity Globally

Chapter

14

Events and Submissions/Topic

Week 11 Begin Date: 24 May 2021

Module/Topic

Foreign Direct Investment and Political Risks

Chapter

17

Events and Submissions/Topic

Week 12 Begin Date: 31 May 2021

Module/Topic

Revision

Chapter

ALL chapters covered in earlier weeks

Events and Submissions/Topic

Knowledge and Practice Due: Week 12 Friday (4 June 2021) 11:59 pm AEST
Review/Exam Week Begin Date: 07 Jun 2021

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 14 Jun 2021

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Presentation and Written Assessment

Assessment Title
Case Study and Presentation

Task Description

This assessment relates to one or more case studies and/or scenarios. You are to assess the case studies/scenarios and respond to a set of questions. Additionally, you are required to submit a recorded presentation (audio/video/mixed) which reflects on the issues covered in the assessment. You have the opportunity to undertake the assignment individually or in a group of no more than three students. For a group submission, only one member of the team needs to submit the written report. However, everyone, irrespective of submitting in a group or individually, needs to submit the recorded presentation. 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. If the response involves calculation, you are to show relevant detailed calculation steps. The questions you need to answer, the presentation requirements, and the marking criteria will be advised on Moodle by Week 2.


Assessment Due Date

Week 6 Friday (23 Apr 2021) 11:59 pm AEST


Return Date to Students

Week 9 Monday (10 May 2021)

Further return information will be advised on Moodle


Weighting
40%

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
Knowledge and Practice

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 11 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 and the response format expected will be provided on Moodle on Week 10 Friday, and you will then have two weeks within which to respond to the questions. Notably, there is no exam in this unit, and this major assessment replaces the exam. 

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 maintain academic integrity. 


Assessment Due Date

Week 12 Friday (4 June 2021) 11:59 pm AEST


Return Date to Students

Specific return information will be advised on Moodle. Since this is a final assessment, specific feedback may not be provided until the grade certification date.


Weighting
60%

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
  • Cognitive, technical and creative skills
  • Self-management

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?