International

Monetary Systems & Exchange Rates(E)

level of course unit

First Cycle

Learning outcomes of course unit

Students should get clear understanding both of fundamental principles of the theory of international finance and of the most recent trends in the multinational financial management with a special focus on European financial system and its interactions with the world finance.

Recent history of national and regional monetary systems and the current state of International Monetary System and of its most important institutions will be presented.

Practical knowledge and skills regarding the modern methodologies and techniques for the determination of the Foreign Exchange Rates for the needs of multinational businesses will be acquired.
v

prerequisites and co-requisites

Some knowledge of elementary financial mathematics

course contents

1. History and Modern State of the International Monetary System
2. Modern International Monetary Theories
3. Foreign Exchange (FE) Markets and FE Derivatives Markets
4. Practical Methodologies for Determination of Exchange Rates
5. Risk Management in Foreign Exchange Business

recommended or required reading

1. “International Finance. A Practical Perspective”, Adrian Buckley. Pearson, 2012.
2. “International Finance for Dummies”, Ayse Y. Evrensel. Wiley, 2013.
3. “International Economics. Theory and Policy”, Paul R. Krugman, Maurice Obstfeld and Mark Melitz. Pearson, 11th ed., 2018.
4. “International Economics”, Robert C. Feenstra and Alan M. Taylor, Worth Publishers, 3rd ed., 2014.

assessment methods and criteria

Final examination

language of instruction

English

number of ECTS credits allocated

3

eLearning quota in percent

0

course-hours-per-week (chw)

2

planned learning activities and teaching methods

Presentation, discussion, single and group work, face-to-face

semester/trimester when the course unit is delivered

2

name of lecturer(s)

Dr. Vladimir Zenevitch

year of study

1

recommended optional program components

non

course unit code

IP_BUS103

type of course unit

integrated lecture

mode of delivery

Compulsory

work placement(s)

Not applicable.

News of the FH Kufstein

Hervorragende Leistungen werden belohnt

Die FH Kufstein Tirol vergibt gemeinsam mit dem Bundesministerium für Bildung, Wissenschaft und Forschung das Leistungsstipendium. Diesjährig wurden die hervorragenden studentischen Leistungen von 70 Studierenden ausgezeichnet.

Learn more
Jetzt online informieren, im Herbst studieren

Die Kufsteiner Fachhochschule bietet am Samstag, den 05. Februar 2022 einen Online Open House an. Interessierte können sich von 9:00 bis 15:30 Uhr live und individuell über die Studienangebote und den Campus informieren.

Learn more
Blockchain und Krypto-Währung

Das erste Kamingespräch des Wintersemesters 2020/21 wurde von MMag. Chris Miess, MSc, Experte für Krypto-Währungen eröffnet. Er gab im Rahmen der Management Forum Kufstein-Gesprächsreihe einen spannenden Einblick mit anschließender Diskussion.

Learn more