Want to understand why money flows between countries?
As the world of business is getting more interconnected, the economic relations between companies and their transactions are something that business students must understand. Dealing with overseas companies and international markets is nowadays inevitable.
It is obvious that the majority of SSE Riga Bachelor programme students do not have previous in-depth knowledge in international finance. During the second study year, the International Finance course is one of those foundation courses which provides an important base for future studies and also career.
The course focuses on the financial management dimensions of leading a multinational enterprise.
During the course students get to know how international financial markets and exchange rates work, and explore the methods of managing exchange rate risk in the global markets.
The International Finance course is also very much related to other courses taught at SSE Riga Bachelor progamme such as Statistics, Managerial Economics, Macroeconomics, Management Accounting and Finance, and Econometrics.
The course is led by Professor Ágnes Lublóy (pictured) who has been involved in professional activities at SSE Riga since 2012. Before joining SSE Riga, Ágnes was an Associate Professor with the Department of Finance at the Corvinus University of Budapest.
According to students, Ágnes is a lecturer that has the talent to convey complex messages clearly: “Ágnes Lublóy has a very positive attitude and it’s that kind of lecturer who actually stimulates interest in the subject as she gains a very respectful attitude.”
“It was very interesting to learn about the concepts of forex trading and hedging. It made it easier to get to learn it,” writes another SSE Riga student in the course feedback survey.
In addition to the SSE Riga faculty, guest lecturers are invited. In this academic year Andrei Ialama, Chief Operations Officer at Paybis, a company enabling customers to buy & sell cryptocurrencies delivered a guest lecture about blockchain and cryptocurrencies.
Students also had a chance to learn about business practices in Africa and Asia from Tomas Sudnius, Chief Executive Officer at Eleving Vehicle Finance, Africa & Asia.
After completing the International Finance course, students should be able to:
- identify and exploit arbitrage opportunities in foreign exchange markets;
- utilize financial instruments to hedge exchange rate risk exposure;
- plan a swap deal to hedge interest rate exposure;
- and perform a capital budgeting analysis to evaluate national and international projects.