BAFI1018: International Finance - at RMIT University (+ Solutions)

- This course, BAFI1018 delves into the burgeoning significance of international finance due to various global dynamics such as floating exchange rates, the elimination of capital controls, financial market deregulation, and technological advancements. With the surge in international trade and globalisation, financial management transcends domestic boundaries. Throughout this course, students will grasp the international financial decision-making framework, comprehend the global business finance landscape, and recognise the cultural nuances in international business. Essential for contemporary financial managers, this course equips students with the skills to adeptly evaluate alternatives and make objective decisions within an international context. Moreover, it offers opportunities for integration, critical reflection, consolidation, and practical application of acquired knowledge and skills.

✔ (Summary) Learning Outcomes:

• interpret the implications of globalisation from a finance perspective and identify various types of international Monetary systems;
• examine the structure and trends of the balance of payments (BoP);
• analyse important features of the foreign exchange markets, including international parity relationships, and apply approaches of forecasting exchange rates;
• compare different types of foreign exchange exposures and formulate risk management strategies;
• AND - evaluate the financial decision-making framework from an international perspective.

Macroeconomics 1

Business Law