Chapter 1
International Financial Environment
Globalization and the multinational corporation (MNC)
medium • 1 min read
International Monetary System evolution (Gold Standard to Bretton Woods)
medium • 2 min read
Balance of Payments (BOP) accounting and components
medium • 3 min read
Current account deficit and foreign exchange reserves
medium • 4 min read
Role of IMF, World Bank, and WTO
medium • 5 min read
Chapter 2
Foreign Exchange Market
Structure and participants of the FOREX market
medium • 1 min read
Spot and forward exchange rates, Cross rates
medium • 2 min read
Bid-ask spreads and arbitrage (Two-point, Triangular)
medium • 3 min read
Exchange rate determination theories
medium • 4 min read
Purchasing Power Parity (PPP) and Interest Rate Parity (IRP)
medium • 5 min read
Chapter 3
Foreign Exchange Risk Management
Transaction exposure measurement and management
medium • 1 min read
Hedging using forwards, futures, and options
medium • 2 min read
Money market hedge
medium • 3 min read
Translation exposure (Current rate method vs. Temporal method)
medium • 4 min read
Economic (Operating) exposure measurement and mitigation
medium • 5 min read
Chapter 4
International Capital Budgeting
Complexities in cross-border capital budgeting
medium • 1 min read
Parent cash flows vs. Project cash flows
medium • 2 min read
Adjusting for foreign inflation and exchange rate forecasts
medium • 3 min read
Political risk and country risk analysis
medium • 4 min read
Cost of capital for MNCs
medium • 5 min read
Chapter 5
International Working Capital
Global cash management and netting systems
medium • 1 min read
International receivables management
medium • 2 min read
Inventory management across borders
medium • 3 min read
Short-term financing options (Eurocurrency markets)
medium • 4 min read
Trade finance: Letters of Credit, Forfaiting, and Factoring
medium • 5 min read