Learning Outcomes:
On successful completion of this module participants will understand:
• The different risks facing firms in an open economy.
• How extensively derivatives are used by firms for risk management purposes.
• Different derivatives and their use in risk management for currency and interest rate risk. The principal terms and concepts associated with cost management.
• Macro considerations in a globalized world as it pertains to foreign exchange and interest rates
• International taxation and the challenges and opportunities facing firms in a global environment.