The goal of this course is to offer knowledge to the students in relevance to the investigation of the characteristics of international money and capital markets, as well as the investigation of financial management from the side of multinational corporations. Moreover, the students will be capable of quantifying and manage the risk associated with any exchange rate changes.

Overall, the students will learn how to efficiently manage various types of assets in an international environment. The approach will be that from the side of multinational corporations and they have to do with any profits associated with international investments, how multinational corporations manage their investment decisions, what is the cost of capital for a multinational corporation in an international environment, whether there any profits of internationally differentiated portfolios, what is the effect of taxation on international investment decisions, how multinationals manage their cash reserves etc,

The successful completion of the course, students will be sufficiently capable of:

• interpreting exchange rate changes
• determining the determinants of exchange rates
• estimating how exchange rate changes affect the exposure of multinationals to exchange risk
• estimating how exchange rate changes affect international portfolio differentiation
• evaluating how exchange rate changes affect certain activities of multinationals, such as cash management, their cost of capital etc.
• using the above tools to satisfy the requirements of the job market in relevance to multinationals, international research institutions, and private banks