好色tv

- Academic Registry


MN32198: International finance

[Page last updated: 23 May 2025]

Academic Year: 2025/26
Owning Department/School: School of Management
Credits: 10 [equivalent to 20 CATS credits]
Notional Study Hours: 200
Level: Honours (FHEQ level 6)
Period:
Semester 1
Assessment Summary: CWES 50%, EXCB 50%
Assessment Detail:
  • Essay (CWES 50%)
  • Closed-book written examination (EXCB 50%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites: Before taking this module you must take MN22154 OR take MN22018 OR take MN20502 OR take MN20690 OR take MN22221
In taking this module you cannot take MN20600
Learning Outcomes: - Understand the functioning of foreign exchange (fx) markets; - derive macroeconomic models of currency price forecast; - understand the recent developments of international markets via financial news and public economic announcements; - design financial products to manage fx risk.


Synopsis: "The unit will explore the main characteristics of foreign exchange markets, their participants and current real market developments. Students will learn popular macroeconomic models to forecast the price of currency pairs as a combination of quantitative models and market news. The risk involved in engaging with foreign exchange markets as well as the use of financial derivative products will also be assessed."

Content: - Introduction of financial markets and their participants - Fx quotations and arbitrage - Parity conditions (PPP, UIRP, CIRP, Fisher) - Open Economy Macro models (Monetary, Mundell-Flemming, Dornbush models) - Expectations and efficiency in FX markets - Fx and interest rate risk

Course availability:

MN32198 is Optional on the following courses:

School of Management
  • UMMN-AFB10 : BSc(Hons) Accounting and Finance (Year 3)
  • UMMN-AKB02 : BSc(Hons) Accounting and Finance with Year long work placement (Year 4)
  • UMMN-AFB11 : BSc(Hons) Accounting and Management (Year 3)
  • UMMN-ANB07 : BSc(Hons) Business with Thin sandwich placement(s) (Year 4)
  • UMMN-AFB14 : BSc(Hons) Management (Year 3)

Notes:

  • This unit catalogue is applicable for the 2025/26 academic year only. Students continuing their studies into 2026/27 and beyond should not assume that this unit will be available in future years in the format displayed here for 2025/26.
  • 好色tv and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.