Programme/Approved Electives for 2020/21
Available as a Free Standing Elective
This module examines the structure and operation of the foreign exchange market, analysing FOREX derivatives and arbitrage possibilities in the FOREX. The module will also introduce different theoretical and empirical models aimed at explaining how exchange rates react to changes in macro-economic fundamentals.
The aim of this module is to extend and develop students&© understanding of international finance. The module will familiarize students with the structure of the foreign exchange market, the determinants of the foreign exchange rate and characteristics of international financial markets.
Intended Learning Outcomes
utilise and critically evaluate alternative concepts, theories and evidence in relation to the behaviour of international financial markets;: recognise and assess effective arbitrage strategies across international markets;: utilise various operations to provide cover against foreign exchange risk;: analyse and evaluate arguments demonstrating the capacity to simplify and solve problems by modeling;: utilize various mathematical skills and techniques to solve problems in international finance.:
20 hours lectures5 hours tutorials 20 hours tutorial preparation24 hours coursework preparation1 hour on-line test2 hour exam78 hours independent study
1: Unseen Exam weighted 70%
Description of Module Assessment
2 Hour Unseen Examination2 hour unseen examination covering the entire module syllabus.2: Online Tasks weighted 30%
On-line testA 1 hour on-line test covering a mixture of numerical and conceptual problems in international finance.