Upon introduction of theory, students will be exposed to practical financial applications, and case studies. Where appropriate, EXCEL-based templates will be used as part of the application component and Canadian corporations with international operations will be used to exemplify theory.
- Introduction to the international financial systems
- WTO rules and regulations and globalization
- globalization and the growth of derivatives
- central banks and the balance of payments
- international financial policies.
- Foreign exchange markets
- the mechanics of currency trading
- settlement dates
- exchange controls
- forwards, swaps, and interest parity
- forward markets, and interest rates
- margin requirements
- futures contracts, and forward contracts
- dual currency markets
- interest parity with bid / asked spreads
- economic functions of futures markets
- foreign currency options
- options on spot exchange
- options on foreign currency futures
- Eurocurrency markets
- eurobanking and eurocurrency centres
- eurocurrency futures and options
- syndicated eurocredits
- implementation of euro
- International bond markets
- new issue procedures
- eurobond valuation and hedging
- caps, floors, and collars
- Forecasting in international financial markets
- purchasing power parity
- The Asian banking systems
- currency crises
- the exchange rate mechanisms
- the IMF interventions
Material will be presented within a lecture format.
Minimum of 3 evaluations, none of which will exceed 40%, for a total of 100%.
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
At the end of the course, the successful student should be able to:
- master the basic theories of international finance;
- apply basic theories of finance into case analysis or simulated cases.
Textbooks and Materials to be Purchased by Students
Textbooks and materials will be chosen from:
- Das, D.K. International Finance: Contemporary Issues, latest ed. New York: Routledge Publishing.
- Dufey, G. and Giddy, I.H. Cases in International Finance, latest ed. New York: Addison- Wesley.
- Eun, C. and Resnick, B. International Financial Management, latest ed. McGraw Hill Irwin.
- All students are required to have a financial business calculator.
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.
|Institution||Transfer Details||Effective Dates|
|Langara College (LANG)||LANG INTB 2XXX (3)||2009/01/01 to -|
|Simon Fraser University (SFU)||No credit||2004/09/01 to -|
|Thompson Rivers University (TRU)||No credit||2004/09/01 to -|
|Trinity Western University (TWU)||No credit||2004/09/01 to -|
|University of British Columbia - Vancouver (UBCV)||UBCV COMM 2nd (3)||2004/09/01 to -|
|University of Northern BC (UNBC)||UNBC COMM 2XX (3)||2004/09/01 to -|
|University of the Fraser Valley (UFV)||UFV BUS 435 (3)||2004/09/01 to -|
|University of Victoria (UVIC)||No credit||2004/09/01 to -|
|Vancouver Island University (VIU)||VIU FNCE 2nd (3)||2004/09/01 to 2013/08/31|
|Vancouver Island University (VIU)||VIU FNCE 4th (3)||2013/09/01 to -|