BBA International Program Thammasat Business School

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1 1. Course Title: 2. Course Credits: 3. Prerequisite: 4. Course Description: BBA International Program Thammasat University (Curriculum 2009)FN313 International Financial Management (Curriculum 2013)FN313 International Financial Management 3 Credits (3-0-6) (Curriculum 2009) FN 311 (Curriculum 2013) Have earned credits of FN 311 (Curriculum 2009) The course introduces the financial management for international business and its international economic environment such as international monetary system, the balance of current account, the balance of payment, the foreign exchange market. Topics included are the application of financial instruments and derivatives in the international financial risk management as well as the roles of international financial institutions such as International Monetary Fund (IMF), World Bank, and international financial corporations. 5. Course Objectives: 6. Date of Latest Course Revision: 7. Purposes of Course Revision: 8. Semester/ Academic Year: 9. Date & Time & Venue: Date: Friday (Curriculum 2013) The financial management for international business and its international economic environment: international monetary system, the balance of current account, the balance of payment, the foreign exchange market; the application of financial instruments and derivatives in the international financial risk management, the roles of international financial institutions, such as the International Monetary Fund (IMF), the World Bank, and international financial corporations To introduce students concepts of international parity, foreign exchange rate quotation and its applications, derivatives and their benefits for international financial risk management. To introduce students to international financial markets and international portfolio by which how cost of capital be optimized taking into account international portfolio diversification in these financial markets. December 24, 2012 The course is revised regularly to ensure the relevance of the courses to the business world. The contents are updated so that it is of the benefits of the students in their future studies or future careers. 2/2014 Time: 9.30 a.m p.m. Venue: Instructor: Name: Asst. Prof. Dr. Sarayut Nathaphan Office: [email protected] Office Hours: By appointment 11. Course Co-ordinator: Name: None None 12. Teaching Assistant: Name: TBA TBA 1 P a g e

2 13. Hours Employed per Semester: 14. Main Texts: 15. Recommended Texts & Materials: 16. Learning Outcomes: Lecture Supplemental Classes Laboratory/ Field Work/ Internship Self-Study 45 hours 0 hours 0 hours 90 hours International Financial Management, Cheol S. Eun and Bruce G. Resnick, 6 th edition, Mc Graw Hill Options, Futures, and Other Derivatives, John Hull, Prentice Hall, 5 th edition, 2005 The five learning outcomes are stated below: 1. Morality and Ethics: Expected outcomes on morality and ethics: 1.1 Possess honesty, sacrifice, self-, social-, and environmental responsibility. N/A 1.2 Value sufficiency theory and adapt it in life path by adhering to adequacy, rationale, and immunity development. 1.3 Value disciplines, respect, and comply with the rules and regulations of the institution and society at large. N/A 1.4 Acquire knowledge related to business morality and ethics, and be able to handle ethical dilemma with integrity. Class assignments Assignment assessment 2. Knowledge: Expected outcomes on knowledge: 2.1 Acquire knowledge on and understand the important concepts in business management. 2.2 Acquire knowledge on and understand the important social and science concepts related to business management. 2.3 Acquire knowledge on and understand the important concepts related to business processes, planning, corporate structures, operations, control, performance evaluation and contingency plan to suit the circumstances. 2.4 Acquire the knowledge on academic advancement and professional development in business management including the understanding of the situational adaptability and its impacts on business. 1. Lecturing 2. Reading Assignments 3. Class Assignments 4. Term Project 1. Final Examination 2. Quizzes 3. Assignments Assessment 4. Project Presentation 2 P a g e

3 3. Intellectual Development: 4. Interpersonal Skills and Responsibilities: 5. Quantitative Analysis, Communication and Information Technology: Expected outcomes on intellectual development: 3.1 Be able to search and process information and utilize various concepts appropriately in a given circumstance. 3.2 Be able to think systematically and rationally and to integrate knowledge from other disciplines to solve the problems in business and other settings. 3.3 Be able to collectively propose solutions to problems at hand and analyze the impacts of the proposed solutions and be able to choose the solution that is appropriate to a given situation to ensure business competitive advantages. 1. Class assignments 2. Term Projects 1. Assignment assessments 2. Project assessment Expected outcomes on intellectual development: 4.1 Be able to work in team, possess interpersonal skills and leadership skills, and be professionally adaptive to a given situation. 4.2 Be creative and constructively criticize to solve problem of the team. 4.3 Be responsible for self-learning and professional development. Class assignment and term project Project presentation and assignment assessment Expected outcomes on intellectual development: 5.1 Be able to apply mathematics, statistics, quantitative analysis in analyzing and making decisions in business and daily life. 5.2 Be able to efficiently communicate in Thai and foreign languages that are relevant in doing business. N/A 5.3 Be able to explain the issues and make the issues clear in verbal or writing, and be able to choose the appropriate pattern of communication for different groups of audience both in business context and in other contexts. 5.4 Be able to utilize the information technologies or others to support the business operations. 1. Class assignment 2. Quiz 3. Term Project assignment assessment and project presentation 3 P a g e

4 17. Evaluation Plan: 18. Course Schedule: The evaluation plan for this course is stated as follows: Expected Outcomes Methods/Activities Week(s) Evaluated Weights Assigned 1.1, 1.3, 2.2, 2.3 Class discussion 3, 6, 12 10% (Participation) 2.1, 2.2, 2.4, 3.2, Quizzes and Assignments All 20% 5.1, , 3.2, 5.1, 5.4 Term Project 14, 15 20% 1.3, 2.1, 2.2, 2.3, 2.4, 3.2, 5.1, 5.2 Final Exam 17 50% 100% The course schedule for this course is stated as follows: Session/Date & Time Topics Activities/ Text & Materials/ Media 1 Introduction to International Finance: Globalization and Multinational Firm, World Trade and Balance of Payments Chp.1 Chp.3 2 World Trade and Balance of Payments International Monetary System Chp.3 Chp. 2 3 Corporate Governance Around the World Chp. 4 4 The Market For Exchange Rate International Parity Relationship and Chp. 5 Forecasting Foreign Exchange Rates 5 International Parity Relationship and Forecasting Foreign Exchange Rates Chp. 6 6 International Banking and Money Market International Bond Market Chp. 11 Chp International Equity Markets Chp Midterm Examination 9 Basic Risk Management International Portfolio Management Chp International Portfolio Management Futures and Options on Foreign Exchange Chp. 15 Chp Futures and Options on Foreign Exchange Chp Futures and Options on Foreign Exchange Chp Currency and Interest Rate Swaps Chp International Capital Structure and the Cost of Capital International Capital Budgeting Chp. 17 Chp Management of Economic Exposure Management of Transaction Exposure Chp. 8 Chp Foreign Direct Investment and Cross-Border Acquisitions Chp Details on Assignments: 20. Notes to Students: The details for the assignment are stated as follows: Assignments for the class are structured to stimulate students to learn the interaction between financial markets and international financial transactions. There are other assignments that are not indicated in this syllabus. Late submission of assignments are not allowed. Students are required to bring notebook computer to class 4 P a g e

5 21. Academic Calendar: The academic calendar is stated below: Academic Schedule of Semester 2/2014: (January 12, May 26, 2015) Important Dates Schedule Semester Begins January 12, 2015 Period of Withdraw W/O Record January 21-26, 2015 Makha Bucha Day* March 4, 2015 Period of Midterm Examination March 1-8, 2015 Period of Withdraw with "W" March 16-27, 2015 Chakri Memorial Day* April 6, 2015 Songkran Festival Day* April 11-17, 2015 Last Day of Classes May 9, 2015 Period of Final Examination May 12-26, 2015 Coronation Day* May 5, 2015 Royal Ploughing Ceremony Day* TBA Note *Public Holiday 22. Attendance: The regulations on the class attendance is stated below: Class attendance is required worth 5% of total score of the course. Important Notes to Students Regarding Class Attendance Announced by BBA International Program: a. Students who miss more than 13 hours of class but less than 22 hours must seek instructor s approval for eligibility to take the final exams and approval by the dean. The dean s decision is considered final. b. Students who miss more than 22 hours of class are NOT eligible to take the final exams and results in course failure. Please note that feigning other student signatures or failure to attend class after signing in results different level of penalty imposed. o Level 1 penalty: First time rule breakers will be considered as Absent for that actual class time. And a warning letter issued to first-time rule breakers. o Level 2 penalty: Second time rule breakers receive an F for the course and will not be considered for BBA scholarships, exchange student programs and other awards. o Level 3 penalty: Third-time rule breakers are given one semester of class suspension. Cheating in any form of class exam or quiz or plagiarism is subject to the penalties based on Thammasat University s student compliance act. 5 P a g e

6 23. Course and Teaching Evaluation and Improvement: The Program has set policies related to course and teaching evaluation and improvement as follows: 1. Strategies for course evaluation by students: There will be two evaluations per course: Mid-semester and end-ofsemester course evaluations. The course evaluation will be administered by BBA staff with the instructor absent from the classroom. The instructor will receive feedback from students in the following key areas: Class preparation Teaching capability Appropriateness of activities or assignments Encouragement of Class discussion Opportunity to ask questions Encouragement of independent study and additional practices Benefits of the course Course evaluation will be summarized and returned to the instructor after the grades are sent to the Program. Moreover, the course evaluation of each instructor of every course offered will be reviewed by BBA Operating Committee. 2. Evaluation strategies in teaching methods: The effectiveness of teaching methods will be evaluated from the students accomplishments such as participation, assignments, and exams. 3. Improvement of teaching methods: The instructor will use the feedbacks from 2. above to improve the teaching methods. 4. Evaluation of students desire learning outcomes: After receiving the feedback from the mid-semester course evaluation and students assessments, the instructor revises the teaching methods to ensure that the desired learning outcomes are achieved. 5. Review and improvement for better outcomes: A summary of course evaluation for each course will be supplied to course instructor. The Program will use the feedback to improve the curriculum structure and course content in the regular curriculum revision cycle. 6 P a g e