3.06 International Finance
Language of instruction: English
Course type: Subject course, A-Track
Contact hours: 48 (6 per day)
Course days: Monday & Thursday
ECTS credits: 4
Course fee: € 1,100
Can be combined with all B-Track courses
- Syllabus (printable PDF incl. day-to-day schedule)
This course is designed to introduce students to the global financial environment with a special focus on Europe and Eurozone issues. The course aims to provide the analytical tools needed to understand international financial markets as well as the institutional and economic forces affecting them. To this goal, we will cover a number of topics related to the international environment that deal with financial institutions and economic concepts such as exchange rates, their determination and the relationship with interest rates and inflation rates. We will relate the fundamental topics to current debates on Eurozone crisis, the potential economic impact of Brexit and the future of crypto currencies.
The class will include lectures, small group studies, case-study analysis, group presentations and field trips. Course readings from the financial press (i.e. Financial Times, The Economist) will be timely provided. The nature of the class will be interactive as students are expected to read the material prior to class and to contribute to the class discussions or engage in formal debates. The field trips to various European economic research institutes and policy centers, foreign exchange departments of leading financial institutions and Fintech startups in Berlin will help complement and enrich the classroom material.
Students interested in macroeconomic policies and factors that impact international financial markets and firms operating in a global environment. A prior knowledge in economics or finance would serve as an advantage but is not required.
Required language skills
The language of instruction is English. Language proficiency on an advanced Intermediate level (Mittelstufe II) is a prerequisite for participation. For orientation purposes, you can assess your language skills here (Common European Framework of Reference for Languages (CEFR).
This course will employ a mixture of in-class assignments and quizzes, class discussions, a group project presentation, a midterm and a final exam.
- 20 % Classroom Participation
- 20% Group Project Presentation
- 10% Assignments and Quizzes
- 25% Midterm Exam
- 25% Final Exam
A course reader will be provided.
In addition, the instructor will assign articles from the financial and economic press. They will be discussed in class and student discussions will be graded. Based on the articles, at times, students will form arguments and engage in formal debates on current issues.