Международные финансы (продвинутый уровень)

2026/2027

ID 1168174

Статус: Маго-лего

Кто читает: Школа инноватики и предпринимательства

Где читается: Школа инноватики и предпринимательства

Охват аудитории: для своего кампуса

Язык: русский

Кредиты: 6

Контактные часы: 40

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Аннотация

The course syllabus sets minimal requirements for student’s knowledge and skills and determines the content and forms of study and performance evaluation. International Finance (Advanced) is a second and advanced step in studying and exploring the principles of corporate financial management in multinational corporations. Prior to attending to the course, it is compulsory to attend International Corporate Finance and Introduction to Financial and Managerial Accounting with minimum score of 50 out 100 in both disciplines. The syllabus is developed according to the standard educational requirements of the Federal State Autonomous Educational Institution of Higher Education «National Research University «Higher School of Economics» (HSE) for the Degree code 38.04.02 Management. Pre-requisites: Introduction to Financial and Managerial Accounting, International Corporate Finance.

Цель освоения дисциплины

To provide students with the advanced understanding of principles of financial management in multinational corporations and the role of financial manager in a multinational corporation
To describe the concepts of key risks of the multinational corporation. Country risks, macroeconomic risks, currency / exchange rate risks, industry specific risks. Risk management in corporations and insurance. Special focus on currency risks and their mitigation tools. Translation risks and transaction risks, hedging instruments and policies. Commodities cost exposures and related hedging policies. Application of options in corporate finance
Advanced analysis of financial statements. Concepts of organic growth and adjusted earnings. Reconciliation of organic and reported growth, adjusted and reported earnings. Consolidation of financial statements in different currencies. Asset valuation and impairment concepts. Business analysis, consumption drivers analysis in connection to financial statements
Advanced study of the key sources of value creation in multinational corporations. BCG matrix in product portfolio analysis. Focus on mergers and acquisitions as value creation activities. Internal drivers of growth and value creation. To introduce students to real cases of acquisitions with detailed analysis of value creation drivers
Long-term financing decisions. Raising equity capital, venture capital participation, joint ventures, going to IPO. Debt financing, bank loans and syndicated credits, convertible bonds, foreign currency bonds. Capital structure and payout policy.