BØK 2620 Multinational Finance - RE-SIT EKSAMINATION

APPLIES TO ACADEMIC YEAR 2012/2013

BØK 2620 Multinational Finance - RE-SIT EKSAMINATION

Responsible for the course
Knut Sagmo

Department
Department of Financial Economics

Term
According to study plan

ECTS Credits
15

Language of instruction
Norwegian

Introduction

    Objective
    To understand how international economic integration generates new business opportunities and risk for national as well as international firms. The international dimension extends the field of corporate finance into currency and interest rate risk topics based on deviations from the purchasing power and interest rate parity theorems. A key objective is to be able to distinguish between the concepts of currency exposure and risk at the corporate level.

    Prerequisites
    Basic courses in investrments theory. Students are also required to having successfully completed the progression of courses in the Bachelor Finance program during the second year and the fall-term of the third year.

    Compulsory reading
    Books:
    Eiteman, David K., Arthur Stonehill and Michael H. Moffett. 2010. Multinational business finance. 12th ed. Pearson. 650. Siste utgave brukes i undervisningen.

    Recommended reading
    Books:
    Madura, Jeff. 2010. International corporate finance. 10th ed. Mason, Ohio : Thomson South-Western

    Course outline
    Chapter references to the textbook: Eiteman-Stonehill-Moffett; Multinational Business Finance, 11. edition (ESM):

    1. International Finance ESM: 1- 3
    2. Exchange Rate Theory ESM: 4-5
    3. Exchange-traded DerivativesESM: 6-7
    4. Currency Trading ESM: 8-10
    5. Financing the Global Firm ESM: 11-15
    6. Foreign Direct investment ESM: 16-17

    Computer-based tools
    Excel and Maple. Such tool are, however, not permitted on the examinations.

    Course structure
    The lecture series consists of 54 classroom-hours of teaching over 14 weekly lectures.. Students are required to write an individual term-paper on a topic central to multinational finance. Presence at three tutoring seminars related to the semester-thesis, is mandatory. A passing grade on two midterm exams and the term-paper is required in order to receive a final grade for the course. The midterm-examinations will be held throughout the course and a final exam by the end of the semester. More information regarding the term-paper and the examinations will be provided in class.


    Examination
    Grade in course will be based on following activities:

    Part 1 - Written exam - 6- hour individual written examination. Counts 70% of the final grade.
    Part 2 - Termpaper - About 25 pages. (Attachments can be added). Counts 30% of the final grade.
    Both written exam and the termpaper must be passed in order to complete the course and get a final grade. There will be arranged a re-sit in each part.



    Examination code(s)
    BØK 26202, written exam, counts 70% og BØK 26203,Project paper, counts 30% towards the final grade in BØK 2620 Multinational finance, 15 ECTS credits..

    Examination support materials
    BØK 26202 - written exam: BI-approved exam calculator and interest rate tables.
    BØK 26203 - Project paper: all support materials are allowed.

    Exam aids at written examinations are explained under exam information in our web-based Student handbook. Please note use of calculator and dictionary. http://www.bi.edu/studenthandbook/examaids.

    Re-sit examination
    This course was lectured for the last time spring 2011. Re-sit exam will be offered every term up to and even spring 2013.

    Additional information

    Semester

    Oversettelser