International Banking and Finance 2600-ERSM1IFB

1. Overview of the financial system and international financial markets
- Financial institutions
- Banking models
- Trends in international banking
- Foreign exchange market
- International money market
- International credit market
- International bond market
- International stock market
- Sources of financing used by multinational companies
2. Financial crisis in 2008
- Reasons of the financial crisis
- Securitisation of assets
- Consequences of the crisis
3. Central banking
- Functions of central banks
- Operations of central banks
- Central banks round the world
4. Regulations of financial institutions - overview
- Regulations of banking
- Regulations of insurance
- Regulations of asset management
5. Development of transnational banks
- Reasons
- Legal forms
- Functions
- Theoretical models of trans-borders M&As
6. Exchange rate determination and forecasting
- Exchange rate equilibrium
- Factors influencing exchange rates
- Exchange rate systems
- Intervention as a policy tool
- Forecasting exchange rates
- Measuring exposure to exchange rate fluctuations
7. Currency derivatives
- Forward market
- Futures market
- Options market
8. Managing transaction exposure
- Transaction exposure
- Techniques to eliminate transaction exposure
9. Country Risk Analysis
- Political factors
- Financial factors
- Techniques to assess country risk
10. Global financial centres