Course Number and Title:
FIN 450 International Finance

Instructor:
Instructor: Dr. Raminder K. Luther
Telephone: (978) 542 - 7006
E Mail: raminder.luther@salemstate.edu
Office: HB 318
Office Hours: M W 11:00am - 2:00pm

Course Description:
This course focuses on problems of financial management of multinational corporations with particular emphasis on techniques available to manage companies’ exposure to exchange rate risk. Assessments of international monetary systems, banking policies, and aspects of international trade are discussed. Course is open to all who have taken FIN 322, regardless of their major.

Course Objective:
The objective of the course is to expose you to the international monetary system, make you curious about the various currencies of the world and their exchange relationships, the international investments market and the international banking environment. You will also investigate the financing of foreign trade, understand the complications of the same both in the corporate world as well as in the small business world. You will also explore and understand the implications of foreign exchange risk involved in international transactions and methods to hedge the same.

Required Materials:
Text: Madura, Jeff , "International Financial Management", fifth edition, West Publishing

• Reading assigned chapters in advance
• Attendance in class and participation in discussion both individually and as a group as needed
• Completion of all individual and group assignments on time
• Completion of one mid-term and one final exam
• Completion of a term paper - details of which will be provided to you in the third class.

Schedule of Assignments:
(See below)

Last Day to Withdraw from the Course:
The last day to withdraw from the course is November 20, 1998.

College Policy Statement
Salem State College is committed to non-discrimination of handicapped persons as specified in Section 504 of the Rehabilitation Act of 1973. Students who qualify as handicapped persons under the definition of this act should notify the instructor at the beginning of the course so that reasonable modifications in the course requirements may be made when necessary.