Research methodologies, critically reviewing literature, research design and ethics, data collection methods (qualitative, quantitative and mixed), analysis methods, research writing and dissemination. Individual research, production of a dissertation, reflection on work undertaken.
The financial environment, types of debt and equity instruments and their features, measurements of the cost of capital including WACC, capital structure theories and practices, investment appraisal techniques including Net Present Value and Internal Rate of Return, appraising investment under conditions of risk and uncertainty including M&A projects; working capital management and short term financing decisions, risk management policies involving operating and financial risk
Financial system: functions, structure, intermediaries and globalisation
Interest rates: theory, determinants of supply and demand, equilibrium rates, policies
Financial markets: money, bond, equity and derivative markets, integration, infrastructures
Financial Institutions: insurance, savings, investment, asymmetric information, moral hazard interest
Modern Banks: organisational structure, activities, risks, regulation, failures, competitive issues
It will review the different trade finance techniques and schemes provided to develop international trade, including documentary credits, forfeiting and other specialist finance instruments. Examine the role of banks and insurance companies and government agencies in providing finance, insurance and guarantee schemes for international business. Be able to appraise the different products and services available in the international market. Analyse the different payment methods. Critically appraise the different techniques for managing risk within financing international trade. There will be an examination of the functions, generic products and operational mechanics of the foreign exchange market and the international financial derivatives markets – forwards, futures, options and swaps
Legal framework of international economic law; World Trade Organisation (WTO) law; international financial regulation; regulation of multinational corporations; international investment law. economic co-operation; prevention or encouragement of cartels; convergence of laws regulating economic activity.
Research methodologies, critically reviewing literature, research design and ethics, data collection methods (qualitative, quantitative and mixed), analysis methods, research writing and dissemination.
Strategy: Definition, Development and Strategic Decision Making
Financial Intermediation, Banking and Metrics
The post-crisis regulatory landscape
Customers, Markets and Marketing
Managing International Businesses
Organisational form, ownership, governance
Change, IT and fostering innovation
Managing risk, developing reputation
Global Banking Opportunities