Chapter 1
International Financial Environment
Evolution of the International Monetary System (Gold Standard to Floating rates)
medium • 1 min read
Role of IMF and World Bank in international finance
medium • 2 min read
Balance of Payments (BOP) accounting and components
medium • 3 min read
BOP deficits/surpluses and economic implications
medium • 4 min read
The Eurocurrency market overview
medium • 5 min read
Chapter 2
Foreign Exchange Markets
Structure and functions of the FOREX market
medium • 1 min read
Spot and Forward markets quotation conventions
medium • 2 min read
Cross rates and arbitrage (Two-point, Triangular)
medium • 3 min read
Foreign exchange derivatives (Features, Options, Swaps)
medium • 4 min read
Purchasing Power Parity (PPP) and Interest Rate Parity (IRP)
medium • 5 min read
Chapter 3
Foreign Exchange Risk Management
Types of foreign exchange exposure (Transaction, Translation, Economic)
medium • 1 min read
Measuring and managing Transaction exposure (Hedging techniques)
medium • 2 min read
Managing Translation exposure (Current rate vs Temporal method)
medium • 3 min read
Strategic management of Economic (Operating) exposure
medium • 4 min read
Internal hedging techniques (Leading/Lagging, Netting)
medium • 5 min read
Chapter 4
Multinational Capital Budgeting
Complexities of international capital budgeting
medium • 1 min read
Project vs Parent company cash flows
medium • 2 min read
Adjusting discount rates for foreign risk
medium • 3 min read
Incorporating inflation and exchange rate forecasts into NPV
medium • 4 min read
Real options in multinational capital budgeting
medium • 5 min read
Cost of capital for Multinational Enterprises (MNEs)
medium • 1 min read
Sources of international long-term funds (Eurobonds, Foreign bonds, Depository Receipts)
medium • 2 min read
International cash management techniques
medium • 3 min read
Managing international receivables and payables
medium • 4 min read
Intra-corporate funds transfer mechanisms (Transfer pricing, Royalties)
medium • 5 min read