Study Guide

Objective

The student is familiar with all aspects of financial management decisions and can identify financial systems and risks in daily operations of business in a global market. The student is also familiar with sources of funding and guarantees and can choose the best possible way of financing and apply for special sources of funding. The student knows the financing guarantees and the service of guarantee offices and is aware of financing possibilities offered nationally and internationally.

Content

Financial systems, financial markets, financial institutions.
Risks in global economy
Short term- and long term financial management decisions.
sources of financing: National financing, EU financing and other international financing.
Credits and guarantees.

Location and time

Spring 2024 Vasa

Materials

Grath, A (2016). The Handbook of International Trade and Finance

or the Swedish version

Grath, A (2008). Internationell handel, betalning & Finansiering

Other material issued by the course instructor

Teaching methods

Lectures
Exercises (group and individual)
Individual studies

Employer connections

Guest Lecturers and cooperation with local businesses

Exam schedules

will be announced at the start of the course

Completion alternatives

Pass in exercises and examination

Student workload

135 working hours

Further information

Course language: English

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

1
The student is familiar with financial management decision, financial systems and risks in operation of business in a global market. The student is familiar with sources of funding and guarantees in both national- and international financing. The student has ability to retrieve information from various sources and understands the significance of the correctness and reliability of the information. The student can act ethically and communicate professionally

Assessment criteria, good (3)

3
The student can utilize theories, concepts of financial management decision, financial systems and risks in operation of business in a global market as well as sources of funding, guarantees in both national and international financing. The student can use the theories in doing assignments in international financing. The student has ability to assess the correctness and reliability of the information. The student can act ethically and communicate professionally.

Assessment criteria, excellent (5)

5
The student can consistently use, report and discuss the theories, concepts of financial management decision, financial systems and risks in operation of business in a global market as well as sources of funding, guarantees in both national and international financing. In assignments, the student can apply the learnt issues in practice. The student recognizes the development needs in the field by providing excellent insights into connection between theory and practice. The student takes initiative, acts ethically and communicate professionally in different situations.

Assessment criteria, approved/failed

FAIL: The criteria for grade 1-2 are not met.

Assessment methods and criteria

Assessment will be done through both written exam and assignments

All parts of the course should be approved for approved results on the course

Assessment criteria, fail (0)

Does not meet the assessment criteria for steps 1-2 on the rating scale

Assessment criteria, satisfactory (1-2)

Students know financial decisions, financial systems and risks in operations on a global market.
Students know funding sources and guarantees in both national and international funding.
Students have the ability to retrieve information from various sources and understand the importance of the correctness and reliability of the information.
Students can act ethically and communicate professionally

Assessment criteria, good (3-4)

Students can apply theories, concepts, financial decision-making situations, financial systems and risks in the operation of companies on a global market as well as sources of financing, guarantees in both national and international financing.
Students can use the theories in assignments in international financing.
Students have the ability to assess the correctness and reliability of the information.
Students can act ethically and communicate professionally.

Assessment criteria, excellent (5)

Students can consistently apply, report and discuss theories, concepts, financial systems and risks in the operation of companies on a global market as well as sources of financing, guarantees in both national and international financing.
Students can apply the learned things in practice.
Students recognize the need for development in the field through an excellent insight into the connection between theory and practice.
Students take initiative, act ethically and communicate professionally in different situations.

Qualifications

International Business Activities