2023/2024
Финансовые решения в международных компаниях
Статус:
Майнор
Кто читает:
Департамент мировой экономики
Где читается:
Факультет мировой экономики и мировой политики
Когда читается:
3, 4 модуль
Охват аудитории:
для всех кампусов НИУ ВШЭ
Язык:
английский
Кредиты:
5
Контактные часы:
76
Course Syllabus
Abstract
The aim of the course "International Corporate Finance" is to help students to develop an understanding of key financial decisions faced by companies by putting them into an international context. Students will be able to analyze advantages and disadvantages of the major forms of payment in international trade, identify the primary types of foreign-exchange risk faced by international business, describe the techniques used by firms to manage their working capital, evaluate the various capital budgeting techniques used for international investments, understand the primary sources of investment capital available to international companies. The course provides students with skills and knowledge to analyze different types of companies’ financial decisions making under risks of conducting business internationally – investment decisions, financing decisions and dividend decisions.
Learning Objectives
- Providing students with information on the financial aspects of the activities of modern international corporations, the principles and mechanisms of managing corporate financial flows, both from the point of view of operational activities and from the standpoint of attracting and further investing capital.
Expected Learning Outcomes
- Analyzes financial statements
- Compares investment projects according to the criteria of NPV, IRR, payback period, profitability index
- Formulates the main factors of the value of the company
- Formulates the principles of a financial approach to company analysis
Course Contents
- International Financial Market
- Time value of money
- Financial statement
- Financial Decisions
- Valuing Bonds
- Stocks
- Risk and uncertainty
- CAPM
- Fundamentals of Capital Budgeting
- Risks in International Business
- Cross-border mergers and acquisitions
Bibliography
Recommended Core Bibliography
- Baker, H. K., & Riddick, L. A. (2013). International Finance : A Survey. Oxford: Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2096885
- Berk, J. B., & DeMarzo, P. M. (2014). Corporate Finance: The Core, Global Edition (Vol. Third edition). Boston: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1417990
Recommended Additional Bibliography
- Corporate Finance : Theory and Practice