8/10/2019 ACFI 455_SYLLABUS

http://slidepdf.com/reader/full/acfi-455syllabus 1/3

 

Students requi ri ng accommodations or special assistance with course requirements should contact me as soon as

possible so that we can make arr angements for exams, etc. 

COURSE GOALS

This course surveys the financial management of multinational corporations. After reviewing

foreign exchange rate determinations, it then covers such timely topics as exchange risks,hedging, interest rate arbitrage, insurance and guarantee programs and international capital

markets. Analysis is made of multinational capital budgeting techniques, the cost of capital

and working capital management in a multinational corporate setting

Students should have an adequate background in Financial Accounting (ACFI-200 orequivalent), Investments (ACFI-385) and spreadsheet fundamentals (COMP-105 or

equivalent).

COURSE REQUIREMENTS

Attendance/Participation: Class attendance is mandatory and participation in the form ofattendance, class discussion, and completion of assignments is required. I will determine

attendance/participation based on a Problem-of-the-Day (POD). There will be at least 10 problemsworth 20 points each during the semester. You will automatically receive 5 of the 20 points if you arein class when the problem is given. If your answer to the problem is correct, you will receive theremaining 15 points. If your answer is incorrect, you will receive partial credit of the remaining 15

Course Syllabus 

 Bridgewater State University 

International Finance — ACFI 455

Spring 2014 

Professor: Name: Boubker Drissi

Office: HRG 102

email:  bdrissi@bridgew.edu 

Office Hours: M 4:40-5:40 pmT/R 11:20-12:20 pm

Lecture: Sec 1: T/R 12:30 — 1:45pm HRG 005

Sec 2: T/R 2:00 — 3:15pm HRG 005

Required Textbook: International Financial Management by jeff Madura, 11th edition

8/10/2019 ACFI 455_SYLLABUS

http://slidepdf.com/reader/full/acfi-455syllabus 2/3

 

 points. If you are absent, you will receive 0 of the 20 points for that problem. There are no make-ups. 

Homework Assignments: Homework is provided for your benefit. Homework will be comprised of

 problem sets, spreadsheet problems, and topic research. 

Project: This will be an individual project. The format for the written report will be provided onMoodle. 

Make-up exams and late assignments: Assignments must be submitted by the beginning of  class on the due date. To ensure that your assignment is submitted on time, you must provide the hardcopy; emailed assignments will not be accepted without prior arrangement with me. If we agree uponan email time, I will note the time of your email to ensure timely delivery of the assignment. You must

still submit the hard copy to me. There will be no make-up exams or assignments. I recommend thatevery effort be made on your behalf to take exams when scheduled, so please schedule your travelaccordingly.

POLICY ON ACADEMIC DISHONESTY 

Academic dishonesty is not tolerated and will result in a grade of “F”. It includes any form of cheating, plagiarism, falsification of records, collusion, or giving false information to any College official. Seethe College Bulletin for definition of terms, penalties and procedures for appealing dishonesty.

EVALUATION METHODS

Project 15%

Homework 15%Exam 1 30% Final Exam 30%

Attendance/Participation 10%

Total Points 100% 

"A" ---94% to 100%"A-" --90% to 93%

"B+" --87% to 89%

"B" ---84% to 86%"B-" --80% to 83%

"C+" --77% to 79%

"C" ---74% to 76%"C-" --70% to 73%

"D+" --67% to 69%

"D" ---64% to 66%

"D-" --60% to 63%"F" ---59% or below

8/10/2019 ACFI 455_SYLLABUS

http://slidepdf.com/reader/full/acfi-455syllabus 3/3

 

Tentative Course Outline

Week Topic Assignment

1

1/27-1/31

1. Multinational FinancialManagement: An Overview.

2. International Flow of Funds.

Read Chapters 1 and 2

2

2/3-2/7

2. International Flow of Funds.

3. International Financial Markets 

Read Chapters 2 and 3

3

2/10-2/14

3. International Financial Markets  Read Chapters 3

4

2/17-2/21

4. Exchange Rate Determination.  Read Chapters 4

5

2/24-2/28

5. Currency Derivatives  Read Chapter 5

6

3/3-3/7

Date TBD Exam 1

7

3/10-3/14

Spring Break Week

8

3/17-3/21

7. International Arbitrage andInterest Rate Parity 

Read Chapter 7

9

3/24-3/28

8. Relationships among Inflation,Interest Rates, and ExchangeRates. 

Read Chapter 8

10

3/31-4/4

9. Forecasting Exchange Rates.  Read Chapter 9

11

4/7-4/11

10. Measuring Exposure toExchange Rate Fluctuations. 

Read Chapter 10

12

4/14-4/18

14. Multinational Capital Budgeting.  Read Chapter 14

13

4/21-4/25

16. Country Risk Analysis.  Read Chapter 16

14

4/28-5/2

19. Financing International Trade Read Chapter 19

Date TBD

Final