Dr. P.V. Viswanath



Economics/Finance on the Web
Student Interest

  Courses / FIN 649/  

FIN 649: International Corporate Finance
Course Outline and TimeTable


Fall 2005


Class Meeting session and Days


Projects and other Deadlines

Session 1
September 12

Chapter 1: Multinational Enterprise and Multinational Financial Management (Slides)

Read article "Why trade is good for you," from Media Articles page.
Read article "Trade Theory vs. Used Clothes in Africa," from Media Articles page.

Session 2
September 19

Chapter 2: The Determination of Exchange Rates (Slides)
Determination of Exchange Rates -- Foreign Exchange Market Intervention

Read article, "Foreign investment in China's banks" from The Economist of September 1, 2005 (see Media Articles page)
Read article "Outsourcing 101" from Media Articles page.

Session 3
September 26

Chapter 3: The International Monetary System (Slides)

Read "Meltzer Report" and the "Meltzer Rebuttal" from the Media Articles Page
Be ready to discuss Jude Wanniski and the Gold Standard (see links at http://www.polyconomics.com/ especiallyhttp://www.polyconomics.com/searchbase/gp1.htm)

October 3 Rosh haShanah (no classes)  

Session 4
October 10

Chapter 4: Parity Conditions in International Finance and Currency Forecasting (slides)

Read "Should we still support untrammelled Capital Mobility" and write a summary of the article. You can find this under Documents on the class Blackboard site.

Session 5
October 17

No lecture; free time to prepare Assignment 1 and study for Exam 1 You should come in and talk to me during the week about your assignment, either individually or as a group.

Session 6
October 24

Exam 1 (based on Chapters 1-4)
Assignment 1 due; Exam 1 (based on Chapters 1-4)

Session 7
October 31

Chapter 7: The Foreign Exchange Market (slides)  

Session 8
November 7

Chapter 9: Swaps and Interest Rate Derivatives (Slides)


Session 9
November 14

Chapter 10: Measuring and Managing Translation and Transaction Exposure (Powerpoint Slides)  

Session 10
November 21

Exam 2 (based on Chapters 7, 9 and 10)
Chapter 11: Measuring and Managing Economic Exposure
Exam 2 (based on chapters 7, 9 and 10)
The second part of Assignment 3 is due.

Session 11
November 28

Chapter 11 (contd.)
(Powerpoint slides)
Session 12
December 5
Chapter 12: International Financing and National Capital Markets
Chapter 13: The Euromarkets
Session 13
December 12
Chapter 14: The Cost of Capital for Foreign Investments (Slides)

Assignment 2 on Management of Foreign Exchange Exposure due

Session 14
December 19

Exam 3

Exam 3 (based on chapters 11, 12, 13 and 14)

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