International Financial Management

Scholar Year: 2018/2019 - 1S

Courses

Head Teacher Responsability Nuno Miguel Delicado Teixeira Head

Weekly workload Hours/week T TP P PL L TC E OT OT/PL TPL O S Type of classes 3 Lectures Type Teacher Classes Hours Theoretical-practical Totals 1 3,00 Pedro Barroso   3,00

Teaching language

Portuguese

Intended learning outcomes (Knowledges, skills and competencies to be developed by the students)

• Study of the International Monetary System, International Financial Markets and exchange markets.
• Risk assessment and management for international activity.
• International investment and financing decisions.

Syllabus

1. INTERNATIONAL MONETARY RELATIONS
1.1. The International Monetary System and the Role of EMU.
1.2. International payments and the International Monetary System
2. THE INTERNATIONAL FINANCIAL MARKETS
2.1. Concept and characterization
2.2. Markets for Foreigners and Euromarkets
3. THE EXCHANGE MARKETS
3.1. Introduction
3.2. Functions and participants in the foreign exchange market
3.3. Spot and forward transactions
3.4. Formation of quotations
4. RISK MANAGEMENT IN INTERNATIONAL MARKETS
4.1. Notion and types of exchange risk
4.2. Exchange rate management and risk management policy
4.3. Currency swaps
4.4. Forward Rate Agreements
5. INTERNATIONAL INVESTMENT AND FINANCING DECISIONS
5.1. Introduction
5.2. Syndicated loan
5.3. Eurocredit. Syndicated Eurocredit
5.4. International Obligations.
5.5. Main Markets for Debt Placement.

Demonstration of the syllabus coherence with the UC intended learning outcomes

Use of expository method, to introduce theoretical concepts and participatory method for reflection on the contents. Use of expository and participatory methods for resolution of exercises .

Teaching methodologies

Evaluation distributed with final exam.

Demonstration of the teaching methodologies coherence with the curricular unit's intended learning outcomes

If the final mark of each test is less than 10 values, the student will have to make a final evaluation.

Assessment methodologies and evidences

Final Score = 0.50 * 1st T + 0.5 * 2 T

Bibliography

Essential:
• BUCKLEY, Adrian (2012), Multinational Finance, sixth Edition, Prentice Hall – Financial Times.
• CAIADO, Aníbal e Jorge Caiado (2009), Gestão de Instituições Financeiras, 2ª Edição Edições Sílabo – Gestão.
• CLICK, Reid W. e COVAL, Joshua D. (2001), The Theory and Practice of International Financial Management, Prentice Hall.
• EITEMAN, David K. e al (2013), Administração Financeira Internacional, 12ª Edição, Bookman – Artmed Editora, SA.
• MATOS, Joaquim Pinto de (1992), Finanças Internacionais, Lisboa, Editorial Presença.
• MEDEIROS, Eduardo Raposo de (2013), Economia Internacional, I.S.C.S.P., 9ª Edição, Lisboa,
• MENDONÇA, António et al., (1998) Economia Financeira Internacional, Alfragide, McGraw Hill.
• ROSS, Stephen A., et al (2015), Administração Financeira, São Paulo, 10ª edição, McGraw Hill.

Complementary:
• BASTARDO, Carlos (2000), Instrumentos Financeiros, Lisboa, 2ª edição, Texto Editora.
• BUTLER, Kirt C. (2004), Multinacional Finance, Third Edition, Thomson – South Western.
• DÍEZ DE CASTRO, Luís e MASCAREÑAS (1994), Ingeniería Financeira – La Gestión en Los Mercados Financieros Internacionales, 2ª Edición, Mcgraw Hill.
• LEVI, Maurice D. (1996), International Finance, Singapura, McGraw Hill.
• MOTA, António S. Gomes, TOMÉ, Jorge H. Correia (1996), Mercado de Títulos, Lisboa, Texto Editora.
• PORFÍRIO, José António Ferreira Porfírio (2001), Finanças Internacionais, Universidade Aberta.
• SHAPIRO, Alan C. (2003), Multinational Financial Management, Seventh Edition, John Wiley Sons.
• VARELA, Manuel e VARELA, Félix (1996), Sistema Monetário y Financiación Internacional, Madrid, Ediciones Pirámide.