LFU:online

The central objective of this course is to understand the role the finance function plays in multinational companies (MNCs). In essence, students will learn the tools they need to work in a finance role, as well as in overarching strategic roles in MNCs. 

This course introduces students to the challenges and opportunities firms face in international financial markets. The course investigates how firms can manage exposure to different forms of risk resulting from international operations. We will cover the following topics.

• What is on the desk of the CFO in an international company?

• How can companies manage exposure to multinational country risk?

• What is international capital budgeting and how can firms assess the value of their international operations?

• How do currency markets work and how can firms deal with exchange rate risk?

• What are sustainable finance and impact finance, and how do they shape international capital markets?

• How do companies account for global operations and how can companies navigate complex global taxation?

• How can multinational companies design capital structure to correspond to their international presence?

• How can small companies raise funds for growth via venture capital?

• What is the value of a growth opportunity and how does this influence international expansion?

• What is international project finance and what is its role in global infrastructure development?

This part of the international finance module provides deeper insights into international finance, using case studies and academic literature. The seminar part is highly integrated with the lecture course “International Finance”, where we will discuss the basic concepts that the seminar course builds on. This course is part of a cooperation project between UIBK and CBS in the context of the AURORA network of universities. 

Group presentations: 40%

Group discussions: 20%

Exercise sheets: 20%

Class participation: 20%