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FIN30030

Academic Year 2026/2027

International Financial Management (FIN30030)

Subject:
Finance
College:
Business
School:
Business
Level:
3 (Degree)
Credits:
5
Module Coordinator:
Dr Vassilios Papavassiliou
Trimester:
Autumn
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

As the international company becomes the norm rather than the exception, the need to internationalize the tools of financial analysis is apparent. We live in a highly integrated world economy, and it is critical that businesses understand both the risks and opportunities that globalization brings. This module is about multinational management, and more specifically, the financial management dimensions of leading a multinational corporation (MNC). Financial managers must be able to assess the international environment, recognize opportunities, implement strategies, assess exposure to risk, and manage that risk. In this module we examine exchange rate systems and their determination, international sources of finance for firms, and discuss the best approaches to managing exchange rate risk. Consequently, derivatives and hedging techniques are examined and, inter alia, we study international flow of funds, multinational capital budgeting and multinational capital structure.

About this Module

Learning Outcomes:

At the end of this course students should:

1. Identify the management goal and organizational structure of the MNC
2. Describe the background and corporate use of international financial markets
3. Explain how exchange rate movements are measured and how the equilibrium exchange rate is determined
4. Demonstrate how multinational capital budgeting can be applied to evaluate international projects
5. Describe the key components of an MNC’s capital and identify the factors that affect an MNC’s capital structure

The use of AI tools (e.g. Gemini, Copilot) is not permitted in this module. Students are expected to engage directly with module materials and activities without the use of AI tools.

Indicative Module Content:

1. Overview of multinational financial management
2. International flow of funds
3. International financial markets
4. Exchange rate determination
5. Currency derivatives
6. Government influence on exchange rates
7. International arbitrage and Interest Rate Parity
8. Relationships among inflation, interest rates, and exchange rates
9. Measuring exposure to exchange rate fluctuations
10. Managing transaction exposure
11. Multinational capital budgeting
12. Multinational capital structure and cost of capital

UNESCO highlights a set of key competencies that support individuals in their development and support society in achieving the UN Sustainable Development Goals (SDGs). UCD has adapted these competencies and is combining them with others to form a general framework of learning competencies. This module will help you develop the competencies below to the levels specified. 
Learning Competency Additional Information Level

Collaboration

The ability to learn from others; to understand and respect the needs, perspectives and actions of others (empathy); to understand, relate to and be sensitive to others (empathic leadership); to deal with conflicts in a group; and to facilitate collaborative and participatory problem solving. Proficient

Critical Thinking

The ability to question norms, practices and opinions; to reflect on one’s own values, perceptions and actions. Competent

Systems Thinking

The ability to recognize and understand relationships; to analyse complex systems; to think of how systems are embedded within different domains and different scales; and to deal with uncertainty. Competent

Anticipatory

The ability to understand and evaluate multiple scenarios for the future – possible, probable and desirable; to create one’s own visions for the future; to apply the precautionary principle; to assess the consequences of actions; and to deal with risks and changes. Competent

Digital Literacy and Judgement

The ability to access, evaluate, create and communicate information in digital environments; to engage critically, ethically and responsibly with digital technologies and digital information; to understand their opportunities, limitations, risks and impact on individual’s digital identities; and to exercise informed judgement in digital participation and decision-making. Competent

Wellbeing

Wellbeing is having the resources and skills to meet life's challenges, including attributes such as personal development skills, resilience, stress management, strengths, lifestyle skills, nutrition, physical activity, sleep, alcohol/substance use, academic skills, time management, goal setting, interpersonal skills, group work, communication. Competent

The United Nations identified seventeen Sustainable Development Goals (SDGs) as core to the 2030 Agenda for Sustainable Development, and UCD contributes in general to SDG 4 Quality Education. Further SDGs explored within this module if relevant are listed below. A scale of 1 - 5 indicates the extent to which the SDG is covered.


 

Student Effort Hours:
Student Effort Type Hours
Autonomous Student Learning

96

Lectures

24

Total

120


Approaches to Teaching and Learning:
This module will be delivered on-campus. The delivery of the module will move online should that be required.

Lectures
Class discussions
Group project
Closed book final examination

AI Permitted for Limited Support
Students may use AI tools for limited support in this module (e.g. idea generation, practice questions or as a study aid). Students remain fully responsible for the accuracy and reliability of their work. Any use of AI must be cited appropriately.

Requirements, Exclusions and Recommendations
Learning Recommendations:

Students are assumed to have previously taken courses in:

Macroeconomics
Introductory finance
Basic statistics


Module Requisites and Incompatibles
Not applicable to this module.
 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade Component repeat (in-module) Offered
Exam (In-person): 2 hour closed-book exam End of trimester
Duration:
2 hr(s)
Graded No
60
No
Group Work Assignment: Group assignment Week 8 Graded No
40
No

As part of UCD's student support, under the Additional Consideration policy, extensions may be available for the following assessments in the module: Assignment (including essay/poster), Portfolio, Reflective Assignment, Report(s), and Individual Project.


Carry forward of passed components
Yes
 

Resit In Terminal Exam
Spring Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Madura, J. and Fox, R. (2023), International Financial Management, 6th Edition, CENGAGE Learning

Name Role
Mr Niall Flaherty Tutor
Mr Bard Ovenden Tutor

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Autumn Lecture Offering 1 Week(s) - Autumn: All Weeks Wed 16:00 - 17:50
Autumn Lecture Offering 2 Week(s) - Autumn: All Weeks Thurs 09:00 - 10:50