COURSE OUTLINE UNIVERSITY OF REGINA MBA 891 International Financial Management (3) May 7 to June 26, 2012 Summer

(Classroom: ED 558; Hrs: 18:30 21:30 Tuesday & Thursday) INSTRUCTOR: OFFICE: PHONE: Email: OFFICE HOURS: Grant Ring ED 558 566-3577 gring@saskpower.com by appointment Note: I will certainly attempt to accommodate you providing you make an appointment in advance, most classes you will be able to ask me questions after the lecture.

TEXT BOOK:

1. Textbook: Eiteman, Stonehill and Moffett. Multinational Business Finance, 2010 (12th Edition), (Pearson Addison-Wesley Publishing Co) Additional Material: References to relevant and current course websites, articles and class notes will be posted on urcourse. (Not all lecture material will be posted)

CALENDAR DESCRIPTION This course provides the student with an understanding of the special issues and problems involved in international financial management. Topics include the international monetary system, balance of payments, foreign exchange markets, international parity conditions, management of exchange rate risk, sourcing of funds, capital budgeting, working capital management, trade financing, international banking, and portfolio diversification. Generally, all topics will be addressed with a focus on risk management. TEACHING METHODS Because of the size of the class, course material will be outlined in a lecture format followed by discussion and case work. The lectures will concentrate on developing the key concepts and providing real-world applications. Class participation is strongly encouraged and a portion of the course work will be earned by active participation. Always study the relevant text chapters and course notes before you come to class. Reading and review of listed web based material in advance will help leverage the lecture material and provide for background for discussion and case analysis.

EVALUATION 1 Midterm Exam Class participation 1 Research Paper 2 Current Event Analysis 1 Final Exam Total 25% 10% 25% 10% 30% 100%

Midterm Exam: The midterm exam will be written on: Thursday May 26th, 2012 (1 hrs) The midterm will relate to course material covered up to that point. The expected midterm exam format consists of true and false, multiple choice and short answer questions. The focus on these exams is to test for learning and integration. Class Participation: Active participation in course discussion is key to integration of the material and expansion of the dialogue. The class is expected to challenge and examine issues within the course material. Some of the course delivery will be group case analysis. Participation will be judged on quality of insight and relevance vs. quantity. Research Paper: The research paper will provide an opportunity for students to select from a range of topics related to the class material and demonstrate their comprehension of the issues related to that particular topic. Papers will be 5 pages plus charts or exhibits but no longer than 10 pages in any case. All papers will handed in, typed 8.5 by 11 format with normal font and presentation. A selection of topics will be presented on the WebCT shortly after the class commences. Students will be able to select an alternative topic provided I agree with the topic in advance. The research paper is due Thursday 14th, 2012 Current Event Analysis: Students will select current events from the business press, paper or electronic. A focused one page write-up will explain the event and describe the course concepts that are evident in the article. Each of the 2 events will be worth 5 marks. Due dates are: May17th, and May 31st 2012 Final Exam: The final exam will be written on: Tuesday Jun 26th, 2008 (Hrs: 19:00 Classroom TBA) The final exam is comprehensive in nature, meaning that it covers material from the entire 2

course. The exam format is similar to the midterm test.

STUDENT RESPONSIBILITIES 1. Every effort should be made by you to ensure you write the midterm exam during the scheduled time. If a situation arises that makes it absolutely impossible for you to do this, you must let me know in advance (preferably as far in advance as possible). In the case of illness, you must provide me with a physician's certificate clearly stating that the illness prevented you from being able to write the exam. I will submit your written request and/or medical attestation to the Records Management of the Faculty of Business Administration at the end of the semester. 2. Every effort should be made to ensure you are available to write the Final Exam during its scheduled time. If you are absolutely unable to write the Final during its scheduled time, you must see the general office in the faculty in which you are enrolled and formally request a deferred exam. Deferred exams will only be granted in cases of exceptional circumstances (i.e. serious illness of the student, compassionate family reasons, etc.). Deferred exams will not be granted for any factors that are within the control of the student - i.e. travel plans, work conflicts, timetabling conflicts with exams in other courses, etc. Please adjust your schedule accordingly. 3. Regular class attendance is expected and attendance will be taken. If you must miss a class, it is your responsibility to get updates, etc., from a classmate. (Notes will be posted on WebCT, but not all lecture material and discussion examples will be posted) 4. Familiarize yourself with the University's general Academic Regulations as explained in the current Calendar, particularly those that pertain to Student Behaviour. 5. If there is any student in this course who, because of a disability, may have a need for accommodations, please come and discuss this with me, as well as contacting the Special Needs Services at 585-4631 6. Communicating with me regarding any course-related matters (questions concerning the material, coverage of exams, etc) must be done either: by person (i.e. by making an appointment), by telephone or by email.

7. Late assignments will be accepted but penalized.

Schedule of Topics:
International banking system and the role of central banks. Foreign exchange markets. International equity and debt trading. Implications for foreign currency management. Global trade and multinational capital structures. Global treasury operations and risk management.
The specific chapter readings and other readings will be posted.