Study programmeFrançais
International Finance
Programme component of Master's Degree in Management Professional Focus à la Warocqué School of Business and Economics
CodeTypeHead of UE Department’s
contact details
Teacher(s)
UW-M2-SCGESS-012-MCompulsory UESTANDAERT StanislasW764 - Analyse économique internationale
  • STANDAERT Stanislas

Language
of instruction
Language
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais304500010.0010.00

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
W-AEIN-005International Financial Management3015000Q160.00%
W-AEIN-011Seminar in International and European Economics030000Q140.00%
Unité d'enseignement

Objectives of Programme's Learning Outcomes

  • Mobilise expertise in at least one area of management.
    • Master the principal decision-making processes of a company.
    • Mobilise acquired skills in a specific professional environment.
    • Contribute to the development of innovative tools and solutions.
  • Professionally communicate and present original work both orally and in writing.
    • Conduct scientific reasoning on complex or innovative management issues.
    • Communicate and interact in a clear and structured manner, orally and in writing, on issues, analyses and projects.
    • Present and structure data in a clear, precise, neutral, and non-oriented way.
  • Act in an international and multicultural context.
    • Assimilate the components of the social and economic environment of a company.
    • Communicate and interact in a clear and structured manner, orally and in writing in at least one other language other than French, on issues, analyses and projects.
    • Demonstrate an open mind and adaption.
  • In an active and integrated manner, master knowledge in the various fields of management and use them effectively in a professional context.
    • Integrate highly specialised knowledge in different fields of management.
    • Appropriately mobilise expertise taking into account the constraints and resources in the situation encountered.
  • Be independent and regularly adapt to new contexts.
    • Demonstrate independence and persevere, despite the difficulties or initial errors, to find an optimal solution.
    • Monitor knowledge and methodological approaches in order to evolve their thinking and practice.
    • Assess their practices and be able to question it.
  • Understand interactions between companies and their socio-economic environments.
    • Master and appropriately mobilise knowledge and methodological approaches to understand and explain interactions between companies and their environment.
    • Assimilate the components of the social and economic environment of a company.
    • Mobilise the methods and management support tools in changing contexts.
  • In an active and integrated manner, master knowledge in the various fields of management and use them effectively in a professional context.
    • Integrate highly specialised knowledge in different fields of management.
    • Appropriately mobilise expertise taking into account the constraints and resources in the situation encountered.

Learning Outcomes of UE

Understand the functioning of the spot and forward forex markets (including PPP, covered interest parity, the valuation of forward contracts and their use for arbitrage, hedging and speculation); understand the functioning and the pricing techniques of forex derivatives , e.g., swaps, futures, options (including their valuation and their use for arbitrage, hedging and speculation purposes); be able to measure and manage the exposure to international risks (forex risk, hedging techniques...); be familiar with and be able to evaluate the international sources of financing; be able to assess FDI projects. Be able to formulate a research topic in the area of international and European economics, and to articulate a personal approach of it, after a review of the relevant literature. Be able to actively participate in the discussion about the topics presented.

Content of UE

See learning activities.

Prior Experience

Basic notions in international finance and economics (balance of payments, parity conditions…).

Type of Assessment for UE in Q1

  • Presentation and works
  • Oral examination
  • Written examination

Q1 UE Assessment Comments

IFM: 60%; SIEE: 40%.

Type of Assessment for UE in Q2

  • N/A

Q2 UE Assessment Comments

Not applicable.

Type of Assessment for UE in Q3

  • Oral examination
  • Written examination

Q3 UE Assessment Comments

See term 1.

Type of Resit Assessment for UE in Q1 (BAB1)

  • N/A

Q1 UE Resit Assessment Comments (BAB1)

Not applicable.

Type of Teaching Activity/Activities

AAType of Teaching Activity/Activities
W-AEIN-005
  • Cours magistraux
  • Travaux pratiques
W-AEIN-011
  • Séminaires

Mode of delivery

AAMode of delivery
W-AEIN-005
  • Face to face
W-AEIN-011
  • Face to face

Required Reading

AA
W-AEIN-005
W-AEIN-011

Required Learning Resources/Tools

AARequired Learning Resources/Tools
W-AEIN-005Sercu, P. (2009), International Finance, Princeton University Press.
W-AEIN-011List communicated at the start of the learning activity.

Recommended Reading

AA
W-AEIN-005
W-AEIN-011

Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
W-AEIN-005KESTER, W.C. and T. LUEHRMAN (1993), Case Problems in International Finance, NY: McGraw-Hill.
MOFFETT, M.H. (2001), Cases in International Finance, Addison-Wesley.
W-AEIN-011Documents available on the website of the learning activity.

Other Recommended Reading

AAOther Recommended Reading
W-AEIN-005Additional information available on the website of the course
W-AEIN-011Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
W-AEIN-005Autorisé
W-AEIN-011Autorisé
Date de génération : 17/03/2017
20, place du Parc, B7000 Mons - Belgique
Tél: +32 (0)65 373111
Courriel: info.mons@umons.ac.be