MODULE HANDBOOK2020-21FINA1141 – International Business Finance(January starters)MBA – 15 Credit1 | P a g e Contents 1. Welcome to the Module …………………………………………………………………………………………… 22. Contacts ………………………………………………………………………………………………………………… 43. Module Specification Details …………………………………………………………………………………….. 44. Enquiry-Based Learning and Research-Led Teaching …………………………………………………. 55. Employability Skills Gained ………………………………………………………………………………………. 56. Key Dates………………………………………………………………………………………………………………. 67. Schedule of Teaching and Learning Activities……………………………………………………………… 68. Assessment Tasks…………………………………………………………………………………………………… 79. Re-Sit Assessments ………………………………………………………………………………………………… 8Support for Re-sits …………………………………………………………………………………………………………. 810. Reading Lists …………………………………………………………………………………………………………… 811. Additional Module Specific Information and Costs …………………………………………………………. 912. Glossary of Terms …………………………………………………………………………………………………….. 913. Changes to the module……………………………………………………………………………………………… 914. Other Details ……………………………………………………………………………………………………………. 92 | P a g e 1. Welcome to the ModuleWelcome to the International Business Finance module (FINA1141) and to the University ofGreenwich Business School.This is a 15-credit postgraduate, MBA module that runs in just term 3 (April 2021 to July 2021),over ten weeks.This module will enable you to learn about the financial decisions of business in the globaleconomy. The module is divided into two parts, the first will focus on the financial aspects of largebusiness (corporations) and will give you an understanding of the theoretical operational processof some of the finance decisions they have to make. The second part will focus on theunderstanding of financial reporting and financial statements of the firm and the financing of smalland medium-sized enterprises.This handbook gives you some information about the content of the module, related reading andassessment details. If you require additional information, please contact us.This handbook provides essential information that you will need during your undertaking of thismodule. It is not intended to be exhaustive, but should help you to see at a glance key informationabout the module such as the aims and learning outcomes, the proposed schedule of delivery,assessment details, reading list and any additional resources that will be needed by you. Pleaseensure that you familiarise yourself with its contents.The university will do all that it reasonably can do to provide educational services to support yourlearning. Sometimes circumstances may mean that we cannot provide such educational servicesor that the university has to withdraw or change aspects of this module and/or student servicesdetailed in the information you have been provided with by the university. This might be becauseof, for example:• industrial action by university staff or third parties;• the unanticipated departure or absence of key members of university staff;• acts of terrorism;• the acts of any government or local authority;• academic changes within subject areas; or• where the numbers expected on a module are so low that it is not possible to deliver anappropriate quality of education for students enrolled on it.In these circumstances, the university will take all reasonable steps to minimise the resultantdisruption to those services and to affected students, for example by making reasonablemodifications, but to the full extent that it is possible under the general law, the university excludesliability for any loss and/or damage suffered by any applicant or student as a result of thesecircumstances.The modifications we make may be to:• the content and syllabus of modules, including in relation to placements;• the timetable, location and number of classes;• the content or method of delivery of your module;• the examination process; and• the timing and method of assessmentMany of the changes that we make are in response to feedback from students and are intendedto improve the experience of students and student outcomes.In making any changes, the university will aim to keep significant changes to the minimumnecessary and will notify and where reasonably possible also consult with you in advance aboutany significant changes that are required. 3 | P a g eThe module leaders are Laura and Mary, who are joined by Farooq. The teaching team will beteaching the tutorials each week.Please note that teaching will begin online for the first 2 weeks and the move to on campus fromweek beginning 17th May 2021. You will be with the same tutor, day and time.Apart from Mary’s tutorial groups, you will remind online for the whole of the term.We hope you will enjoy learning and exploring the module.Laura, Mary and Farooq.4 | P a g e 2. ContactsThe list below summarises the contact details of individuals relevant to this module.Module Leader: Laura MunceyphotoLocation: QM151Email: [email protected]Tel: 020 8331 9097Office hours: TBCModule Leader: Dr Mary-Paz Arrieta ParedesphotoLocation: QM157Email:[email protected]Tel: 020 8331 9980Office hours:teams virtual officeModule Instructor: Farooq SajjadphotoEmail: [email protected]Office hours: TBCExternal Examiner: Prof. Daniel Ladley, University of Leicester. 3. Module Specification DetailsSchool/Department: Business/EIBNumber of Credits: 15Term of delivery: Term 3Site of delivery: Greenwich sitePre-requisites/Co-requisites: noneAims:The aim of this module is to equip students with a Financial Management toolkit, to engage inBusiness Finance matters which postgraduates in International Business should be able toaddress. The goal is to analyse how small, medium and large firms finance their economicactivities in the global economy. The Learning Outcomes addressed are considered central tomanagerial jobs in a 21st century fast changing economy.Learning Outcomes:1. Demonstrate knowledge and understanding of the theories and applications related tothe allocation of financial resources for the firm in a global context.2. Critically analyze and demonstrate knowledge of alternative financial instruments andstrategies to be used by international businesses in order to enhance their financialsoundness.3. Evaluate investment and financing decisions, in both domestic and internationalmarkets, and how the government and the financial system affects these.4. Analyze financing and investment in Small and Medium-sized Enterprises (SMEs),compared to Large enterprises, in terms of innovation, internationalization and growth. 5 | P a g e 4. Enquiry-Based Learning and Research-Led TeachingEnquiry-Based Learning (EBL)Defined as ‘an approach based on self-directed enquiry or investigation in which the student isactively engaged in the process of enquiry facilitated by a teacher. EBL uses real life scenarios(for example, from case studies, company visits, and project work) and students investigatetopics of relevance that foster the skills of experimental design, data collection, critical analysisand problem-solving’.In this module, students will be asked to develop their own piece of research, focusing oncompleting a business project. This tackles a specific and real life international business-relatedproblems, thereby enhancing their critical analysis and problem-solving skills.Research-Led Teaching (RLT)An element of Enquiry Based Learning links to RLT, which involves faculty introducing studentsto their own research where it is relevant to the curriculum being taught as well as drawing ontheir own knowledge of research developments in the field, introducing them to the work ofother researchers. RLT sees students as active participants in the research process, not just asan audience. This is achieved by discussing such developments in lectures and classes, andsetting reading lists including recent research publications at the frontier of the field. Thedefinition of a diverse assessment regime at the programme level (incorporating an expectationof familiarity with, and use of, suchpublications in assignments) and the inclusion of projects at every level of the programme isalso fundamental to achieving these objectives.This module is a mix of tutorials, exercises and in-class discussions to allow students to take anactive role in their own research development process. 5. Employability Skills GainedThis module will also help students enhance their personal organisational skills as they will beasked to work independently on their own piece of research throughout the module, as well as avariety of generic skills such as skills to work with others, cross-cultural communication skills orwriting skills including clear formatting, spelling and grammar within a well-reasoned narrative.You can find out more about the Greenwich Employability Passport onlinehttps://www.gre.ac.uk/articles/ils/greenwich-employability-passport-for-studentsInformation about the Career Centre is also available onlinehttps://www.abintegro.com/public/career-transition-and-job-searchYou can log on to the Career Centre with your Portal ID and Passwordhttps://orca.gre.ac.uk/cas/login?service=https://idp.gre.ac.uk/oala/auth.php 6 | P a g e 6. Key Dates2020/21 Term DatesPlease note that dates may differ depending on when you start your programme of study, andwhere you are studying. Please refer to https://docs.gre.ac.uk/rep/sas/term-dates for fulldetails, and details of University closure dates.Welcome Week 14th September 2020 18th September 2020Term 1 21st September 2020 11th December 2020Examination Period 11th January 2021 15th January 2021Term 2 11th January 2021 9th April 2021Examination Period 3rd May 2021 21st May 2021Term 3 Postgraduate 3rd May 2021 12th July 202Resit Examination Period 19th July 2021 23rd July 20217. Schedule of Teaching and Learning ActivitiesThis module will be delivered in the blended teaching format. The module will have weeklytutorials and online activities.– Tutorials, where the theories, methods and tools will be applied to individual researchpropositions and activities in preparation for assessment.– Online engagement and activities, both online and offline to share knowledge within acommunity of learners.– Intensive tutor led classes and online exercises, enable students to practice professionalprocesses of assimilating, structuring and communicating knowledge, both verbally and inwriting, rather than being passive recipients of information.– Tutorials also offer students self-reflection on the main issues covered during the moduleand their implications. Session Plan Term TwoWeekStarting onSession Title and DescriptionReading to completePart 1: Financial needs of International Businesses1903/05/2021Topic 1 – Overview of Financial Markets and InvestmentWorkshop 12010/05/2021Topic 2 – Fixed Income SecuritiesWorkshop 22117/05/2021Topic 3 – Overview of portfolio and risk managementFundamentals of credit analysisOn Campus teaching beginsthis week for Laura andFarooq’s tutorial groupsWorkshop 32224/05/2021Topic 4 – Alternative investmentsWorkshop 42331/05/2021Guiding reading week2407/06/2021Topic 5 – Portfolio managementWorkshop 5 7 | P a g e Part 2: Financial Management in the International Markets2514/06/2021Topic 6 – Business Internationalization, Financial Marketsand the Finance EnvironmentWorkshop 62621/06/2021Topic 7 – International Financial ManagementWorkshop 72728/06/2021Topic 8 – The financing of internatioalisation in the globaleconomyWorkshop 82805/07/2021Topic 9 – Foreign Exchange Exposure, International CashManagement, and International Trade FinancingWorkshop 92912/07/2021Topic 10 – International Business Finance forEntrepreneurship and SMEsWorkshop 103019/07/2021Business Project WorkshopWorkshop 11 8. Assessment TasksFor this module you will be required to complete two tasks. The overall pass mark for this module is 50%.In addition, students are required to pass all components in order to pass this moduleFurther details will be provided as to what the assessment requirements are. These will be posted onMoodle.Assessment ScheduleAssessment(includingresits)Length WeighttowardsModulegradeLearningOutcomesDue date AnonymousSubmission?AnticipatedReturnDateOnline Test Aguideof1,000words50% LO1, LO2,LO328.06.2021At10amNo 19.07.2021BusinessProject1,500words50% LO2, LO3,LO413.07.2021at23:30PMNo 03.08.2021Return of marked work with feedback will normally be given up to 15 working days after the due dateindicated. In exceptional circumstances where you experience a delay in receiving this then you will beinformed by the tutor.Assessment 1: Online TestYou will complete an online test TBC of date and time. This is a 1.5-hour test.The questions will be released at the start time TBC and you will need to either type your answers in a newdocument and upload to Moodle on the assessment submission point.This is a closed book test, and you can use a calculator. Please show all working out with your answer. 8 | P a g e Details instructions on uploading your answers will be available during the week of the test.Assessment 2: Business Project Analysis by Case StudyYou will be assigned a case study in which you need to analysis and provide details answers to the casestudy questions. Further detailed instructions will be provided on Moodle closer to the submission deadlinedate.9. Re-Sit AssessmentsIf you don’t pass a module at the first attempt, you may be eligible for a re-sit opportunity onthe failed assessments. This will be confirmed after the Progression and Award Board (PAB)at the end of the term in which the module was completed.The Progression and Award Board (PAB) will determine whether students who have faileditems of coursework or exams will be permitted to complete re-sits. These normally take placein July/August. If your results letter advises you that you have been given a re-sit opportunityyou will need to check the portal for details of the assessment element(s) that you will need tocomplete and for the timings of re-sit examinations.For non-exam re-sits (e.g. coursework, essay, presentation, group work assessments), pleaseconsult the relevant module’s Moodle page for instructions on what is required of your re-sitassessment. The due date is to be confirmed. Further information will be provided.You should be aware that there is no automatic right to take re-sits; this is at the discretion ofthe PAB and dependent on the scale of failure and your overall profile. If you are offered a resit opportunity which you do not take up, you will be recorded as having a non-submission;you will not keep the original grade for that item if you are told by a PAB that they want you tore-sit.Note that marks on a re-sit assessment are capped at a pass mark unless extenuatingcircumstances has been applied for and accepted. For further details, see your programmehandbook. Support for Re-sits If relevant, we will provide information in Moodle near the time. 10. Reading Lists AuthorDateTitlePublisherISBNBrealey, R. A.,Myers, S. C. andF. Allen2020Principles of Corporate FinanceMc Graw Hill9781260565553Bodi, Z., Kane,A. and A. J.Marcus2020Investments, 12th EditionMc Graw Hill9781260571158Eddie McLaney2017Business FinancePearson EducationLimited9781292134451Eiteman, DavidK2015Multinational Business Finance,14th EditionPearson EducationLimited9780133879872Madura, J., andFox, R.2017International financial managementAustralia: CengageLearning9781473726499 9 | P a g e Brooks, I., andWeatherstone, J.2010The international businessenvironmentHarlow, FinancialTimes Prentice Hall9780273725664 OTHER USEFUL TEXTS AND RESOURCESAlexander, D. (2017). International financial reporting and analysis. London: Cengage TextbooksAtrill, P., & McLaney, E. J. (2019). Financial accounting for decision makers. Pearson Education UKBekaert, G., & Hodrick, R. (2018). International financial management. Cambridge, CambridgeUniversity Press.Bodie, Z., & Merton, R. C. (2000). Finance. Upper Saddle River, New Jersey, Prentice HallCorelli, A. (2018). Analytical Corporate Finance. Cham, Springer International PublishingMclaney, E. J. (2014). Business finance: theory and practice, Harlow, England: Pearson EducationLimited.Pike, R. (2012). Corporate finance and investment. Harlow, Pearson Education 11. Additional Module Specific Information and CostsNot applicable. 12. Glossary of Terms Pre-requisites/Co-requisitesThis describes the learning you are expected to have completedbefore starting the module or the learning (or other modules)that you should be undertaking alongside it.AimsThese define the overall educational purpose of the moduleLearning OutcomesThese are subject specific statements that define the learningthat will be assessed during this moduleAssessment WeightThis refers to the proportion of the overall result for the modulethat is based on your performance in each of the assessmenttasks 13. Changes to the module Not applicable because this is a new module. 14. Other DetailsThe majority of information relevant to you while you study at the University has been broughttogether into your programme handbook. Please refer to your programme handbook for anyfurther information you might require including:• Deadlines and extenuating circumstances,• Plagiarism and referencing,• Who to go to for advice or if you are concerned,• How to provide us with feedback,• Key administrative procedures.
