Unit Outline

International finance refers to a branch of financial economics that deals with monetary systems and economics that surpass national borders. This field focuses on global capital markets through monitoring and examining trade practices across borders, global investment flows and movements in foreign exchange rates. This unit provides you with the skills necessary to understand and address some of the multi-faceted issues of the international financial environment. International finance draws upon ideas and techniques from various fields, including financial management, international trade, macroeconomics, and investment theory.

Intended Learning Outcomes

As per the Assessment and Results Policy 1.3, your results will reflect your achievement against specified learning outcomes.

On completion of this unit, you will be able to:


1	Critically evaluate the interaction between the real economy, and financial markets, and the quality of institutions.
2	Critically appraise how international economic conditions influence financial markets and multinational corporations, with its application to Australian and Tasmanian contexts.
3	Communicate finance concepts and information using appropriate financial terminology, graphs, and data.

Alterations as a result of student feedback

To Be Determined.

How will I be Assessed?

For more detailed assessment information please see MyLO.

Assessment schedule


ASSESSMENT TASK #	ASSESSMENT TASK NAME	DATE DUE	WEIGHT	LINKS TO INTENDED LEARNING OUTCOMES
Assessment Task 1:	Assessment Task 2: Case Study	Week 8	30 %	LO1, LO2, LO3
Assessment Task 2:	Assessment Task 3: Research Report	Week 13	30 %	LO1, LO2, LO3
Assessment Task 3:	Assessment Task 1: Online quizzes	Refer to Assessment Description	40 %	LO1, LO2, LO3

Assessment details

Assessment Task 1: Assessment Task 2: Case Study

Task Description:

This is an individual assignment that will consist of a case study covering all the material covered from week 1 to 6. The specific topic for the case study will be provided on MyLO.

Task Length:

1500 words + figures and tables

Due Date:

Week 8

Weight:

30 %

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)


1	Critically evaluate the impact of current affairs from an Australian multinational corporation (MNC) perspective.	LO1
2	Explain the scope and complexity in which Australian MNCs compete.	LO1
3	Critically analyse the role of quality institutions in promoting sustainable economic growth and development.	LO1
4	Explain and analyse the main sources of revenue/profit for an Australian MNC.	LO2
5	Estimate the changes in profits of an Australian MNCs due to movements of exchange rate and interest rate.	LO2
6	Demonstrate effective communication of financial concepts and information using appropriate terminology, graphs, and data.	LO3

Assessment Task 2: Assessment Task 3: Research Report

Task Description:

This assessment task is an individual assignment, constituting 30% of your overall grade. It involves submitting a comprehensive research report that evaluate dynamic issues in international business and finance. To successfully complete the assignment, students are expected to use relevant economic and financial models covered in the course. This requires analysing data, graphs and effectively interpreting and presenting both qualitative and quantitative information in a professional manner.

The specific topic and detailed requirements for the research report will be provided on MyLO under the Assessment link.

Task Length:

1800 words + figures and tables

Due Date:

Week 13

Weight:

30 %

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)


1	Assess the significance of globalisation and international financial markets, and critically evaluate their interplay with the real economy and institutions.	LO1
2	Critically analyse how global economic factors impact sustainable growth in financial markets and multinational corporations across international, Australian, and Tasmanian contexts.	LO2
3	Critically analyse the factors that impact the flow of funds across international trade and investment.	LO2
4	Use appropriate financial terminology, graphs, and data to effectively communicate financial information to various stakeholders.	LO3

Assessment Task 3: Assessment Task 1: Online quizzes

Task Description:

Assessment Task 1 consists of two online quizzes, each containing theory and calculation questions. The quizzes will be available for one full week during weeks 6 and 12, respectively.

The Week 6 quiz will cover topics presented in weeks 1 to 5 (assessing criteria 1 to 3).

The Week 12 quiz will cover topics presented in weeks 6 to 11 (assessing criteria 4 to 6).

Task Length:

60 minutes

Due Date:

Refer to Assessment Description

Weight:

40 %

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)


1	Identify the nature and benefits of globalisation for domestic economies (e.g., Australia) and regional economies (e.g., Tasmania).	LO1
2	Appraise the motives and forms of central bank interventions.	LO1
3	Assess basic theories of exchange rate determination and their significance for domestics (e.g., Australia) and regional economies (e.g., Tasmania).	LO2
4	Identify the basic factors affecting exchange rates in a floating exchange rate system.	LO2
5	Analyse the complexities of international financial instruments and their implications on foreign investment and multinational capital budget concepts.	LO2
6	Use appropriate financial terminology, graphs, and data to effectively communicate financial information to various stakeholders.	LO3

How your final result is determined

To pass this unit, you need to demonstrate your attainment of each of the Intended Learning Outcomes, achieve a final unit grade of 50% or greater, and pass any hurdle tasks.

Submission of assignments

Where practicable, assignments should be submitted to an assignment submission folder in MYLO. You must submit assignments by the due date or receive a penalty (unless an extension of time has been approved by the Unit Coordinator). Students submitting any assignment in hard copy, or because of a practicum finalisation, must attach a student cover sheet and signed declaration for the submission to be accepted for marking.

Academic integrity

Academic integrity is about acting responsibly, honestly, ethically, and collegially when using, producing, and communicating information with other students and staff members.

In written work, you must correctly reference the work of others to maintain academic integrity. To find out the referencing style for this unit, see the assessment information in the MyLO site, or contact your teaching staff. For more detail about Academic Integrity, see Important Guidelines & Support.

Requests for extensions

If you are unable to submit an assessment task by the due date, you should apply for an extension.

A request for an extension should first be discussed with your Unit Coordinator or teaching support team where possible. A request for an extension must be submitted by the assessment due date, except where you can provide evidence it was not possible to do so. Typically, an application for an extension will be supported by documentary evidence: however, where it is not possible for you to provide evidence please contact your Unit Coordinator.

The Unit Coordinator must notify you of the outcome of an extension request within 3 working days of receiving the request.

Late penalties

Assignments submitted after the deadline will receive a late penalty of 5% of the original available mark for each calendar day (or part day) that the assignment is late. Late submissions will not be accepted more than 10 calendar days after the due date, or after assignments have been returned to other students on a scheduled date, whichever occurs first. Further information on Late Penalties can be found on the Assessments and Results Procedure.

Review of results and appeals

You are entitled to ask for a review of the marking and grading of your assessment task if there is an irregularity in the marking standards or an error in the process for determining the outcome of an assessment. Details on how to request a review of a mark for an assignment are outlined in the Review and Appeal of Academic Decisions Procedure.