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MAN 422

International Finance

Corporate finance stops being clean once a firm earns euros, borrows in yen, and reports in dollars — this course is about how exchange rates, parity conditions, and cross-border capital flows reshape the decisions a CFO actually makes. You'll work through Harvard cases (Lufthansa, Groupe Ariel, Voyages Soleil) and Economist articles to measure transaction and operating exposure, price hedges, and evaluate foreign projects, alongside a short essay and exams. It builds on your core finance sequence and is the natural bridge to a career touching multinationals, trading desks, or any Turkish firm whose costs and revenues live in different currencies.

Credit3ECTS5FacultyFaculty of Business AdministrationBölümManagementPreMAN 321

Değerlendirme 30% — 2 adım

15%
15%
Short essay Currency Report 15%
Performance Case/Artcile Discussions 15%

Önerilen kaynaklar 1 kitap

📕
Zorunlu
International Finance
Cheol S. Eun, Bruce G. Resnick (Author)
2015 · McGraw Hill

Haftalık müfredat 14 hafta

Hafta 1
What is "Special About International Finance"?
Hafta 2
Exchange Rate Systems and Impossibility of Trinity
Hafta 3
Balance of Payments and Exchange Rate Systems
Hafta 4
Foreign Currency Market
Hafta 5
Exchange Rate Determination
Hafta 6
International Parity Conditions and Carry Trade
Hafta 7
Review and Midterm Exam
Hafta 8
Economic Exposure
Hafta 9
Transaction Exposure and Financial Hedging Alternatives
Hafta 10
Lufthansa Case, Voyages Soleil Case and Richard May's Option Case
Hafta 11
Operational Exposure
Hafta 12
Operational Exposure
Hafta 13
International Capital Budgeting and Groupe Ariel Case
Hafta 14
International Capital Budgeting and Centralia Case

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Geçmiş GPA dağılımı 17 dönem · ort. 2.55

DönemCourse CPA
2024-2025 Spring 2.70 1 sec · 59 öğr
2023-2024 Spring 2.55 1 sec · 63 öğr
2022-2023 Spring 2.74 1 sec · 49 öğr
2021-2022 Spring 2.87 1 sec · 50 öğr
2020-2021 Spring 2.77 1 sec · 48 öğr
2019-2020 Spring 2.63 1 sec · 52 öğr
2018-2019 Spring 2.62 1 sec · 59 öğr
2017-2018 Spring 2.54 1 sec · 50 öğr
2016-2017 Spring 2.38 1 sec · 48 öğr
2015-2016 Spring 2.47 1 sec · 47 öğr

Aggregate course GPA — Bilkent STARS'tan public data. Hoca-bazlı per-section detayı için STARS evaluation report →. Öğrenci anket cevapları KVKK kapsamında defter'de tutulmaz.

⚠️ FZ engelleyen şartlar

Course Learning Outcomes: Course Learning Outcome Assessment Students are expected to analyze, interpret and understand the fundamentals of forecasting foreign exchange (FX) movements. Final:Essay/written Midterm:Essay/written Students are expected to define purchasing power parity (PPP) and interest rate parity (IRP). Final:Essay/written Midterm:Essay/written Students are expected to analyze financial and strategic impact of FX risk on the corporations. Final:Essay/written Case/Artcile Discussi

Hocalar 1 bu dönem · 9 geçmiş

Bu dönem (2025-2026 Spring) · 1 section
Süheyla Özyıldırım
Geçmişte ders veren (9 kişi)
Tanseli Savaşer, Işıl Sevilay Yılmaz, Burze Yaşar, Hüseyin Semih Yıldırım, Hakkı Arda Tokat, Selçuk Caner, Gökhan Çapoğlu, Yeşim Çilesiz, Muhsin Mengütürk