To be advised. 306-203 Business Finance. Second semester Two 1-hour lectures and one 1-hour tutorial per week, plus up to eight 1-hour seminars presented by practitioners. On completion of this subject a student should:

• know the concepts, methods of operation and terminology of foreign exchange markets;
• understand the crucial elements of international investment decision-making;
• be aware of the sources and approaches to dealing with foreign exchange exposure;
• have a knowledge of international funding mechanisms;
• be able to analyse decision making in multinational business organisations and others engaged in international business;
• be aware of the major theories of exchange rate determination.

Concepts, operation and terminology of foreign exchange markets: international investment decision-making; sources of and approaches to dealing with foreign exchange exposure. International funding mechanisms and decision making in multinational business organisations. A 3-hour end-of-semester examination (80 per cent) and a 1-hour mid-semester test (20%); weekly tutorial assignments of up to 80 pages in total. To be advised