Bachelor
2026/2027
Corporate Finance: International Practices
Type:
Compulsory course (International Programme 'International Relations and Global Studies')
Delivered by:
Faculty of World Economy and International Affairs
When:
4 year, 3 module
Open to:
students of one campus
Language:
English
ECTS credits:
3
Contact hours:
32
Course Syllabus
Abstract
The Corporate finance course is an intermediary one-module course for four-year undergraduate students. It is focusing on corporate applications in the international environment. The course develops theoretical and practical frame works for understanding and analyzing major financial problems of modern firm in the market environment. The course is taught in English. The first part of the course is devoted to principles of accounting. By the end of this part of a course, students are expected to be able to apply a set of accounting concepts to read annual financial report of a corporation and financial ratios to assess its financial position. The second part deals with principles of company valuation and covers the essentials of capital structure and methods of company valuation. It is focused on estimating and forecasting cash flow of a firm in order to calculate its market value.
Learning Objectives
- This course covers the financial management of multinational companies operating across borders, involving strategies for foreign investments, international capital budgeting, and managing risks like political instability and currency fluctuations.
Expected Learning Outcomes
- Calculate returns on international capital investments
- Account and develop a corporate strategy for country political risk
- Analyze the effect of international taxation on company's payout policy
- Explain different types of exchange rate risk and ways firms manage exchange rate risk
- Explain international capital financing processes and calculate the cost of capital sourced internationally
Course Contents
- International Capital Financing
- International Capital Investments
- Financial and nonfinancial risks for international corporations
- Exchange Risks and Hedging
- Corporate Payout Policies and International Taxation
Interim Assessment
- 2026/2027 3rd module0.25 * Quiz + 0.3 * Final Exam + 0.1 * Homework + 0.25 * Active Participation + 0.1 * Project Presentation
Bibliography
Recommended Core Bibliography
- 9781265652463 - Richard A. Brealey, Stewart C. Myers, Franklin Allen et al - Principles of Corporate Finance, 14th ed. - 2022 - McGraw-Hills - https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=3242150 - nlebk - 3242150
- Exchange rates and international finance, Copeland, L. S., 2014
Recommended Additional Bibliography
- International finance, Pilbeam, K., 2013
- Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2017). International Finance: Theory and Policy, Global Edition (Vol. Eleventh edition). Boston: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1649947