EFN414 International Finance
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | EFN414 |
|---|---|
| Antirequisite(s): | EFN417 |
| Equivalent(s): | EFX414 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
Unit Outline: Semester 1 2027, Gardens Point, Internal
| Unit code: | EFN414 |
|---|---|
| Credit points: | 12 |
| Equivalent: | EFX414 |
| Anti-requisite: | EFN417 |
| Coordinator: | En-Te Chen | e.chen@qut.edu.au |
Overview
This unit extends the knowledge and skills you have gained in prior units by exploring the influences, issues and challenges of the international environment. You will investigate financial management issues arising in international settings and develop problem-solving and decision-making skills essential for financial practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Analyse and evaluate international financial markets, exchange rate dynamics, instruments, and cross-border risk factors to support evidence-based global financial and investment decisions. [KS 1.1, KS 1.2, HO 2.1]
- Apply analytical and forecasting methods to evaluate international finance and investment scenarios and justify strategic financial choices with accountable and well-reasoned decision judgement. [HO 2.2, PC 3.1]
- Evaluate international financial and investment decisions using ethical, governance, and sustainability considerations in global contexts. [SE 5.1, 5.2]
- Apply collaborative analytical capabilities and communicate international financial strategies and investment decisions through professional presentations. [PC 3.1, 3.2, TS 4.2]
Content
You will learn the history of exchange rate regimes and markets, practical skills to calculate and understand current and expected foreign exchange rates, the workings of currency derivatives, the effect of changing exchange rates on firm value, the benefits of international investing, international investment risks, why companies expand internationally and where they get their funding from, and brief introductions to international working capital management and corporate governance. This knowledge will be useful to students in both their personal and professional lives.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving business challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise, interpret and extend discipline and professional practice knowledge to investigate digitally enhanced business environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world business problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world business challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary business environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex business decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse business issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
The approaches to teaching include lectures and tutorials. The lectures will focus on providing you with core theoretical and conceptual frameworks that are essential in the analysis of real world international financial issues. The tutorials will provide you the opportunity to solve key practical and theoretical questions which will test their understanding of the theories and concepts discussed during the lecture. The tutorials will also provide the opportunity to analyse cases that illustrate the application of international finance theories to the real world.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the unit learning outcomes and course assurance of learning goals. The assessment has been designed in order to allow you to:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment);
- demonstrate your learning in order to achieve a final grade (summative assessment).
- Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Global Investment Strategy
This assessment task has two interconnected parts:
Part A (Group Report): You will work in a team to produce a report developing an international currency investment strategy based on forecasts of exchange rate movements. Your team will analyse currency relationships, apply forecasting and analytical methods, evaluate strategic alternatives, and justify an evidence-based portfolio approach.
Part B (Individual Oral): You will deliver an individual oral presentation evaluating an international company investment decision using financial indicators and ethical criteria. Your analysis must take into account the exchange rate outlook and currency strategy developed in Part A. You must justify your recommendation using international finance theory, analytical reasoning, and responsible decision frameworks, and respond to questions on your decision approach.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS 1.2, HO (2.1, 2.2), PC (3.1, 3.2), TS (4.2), SE (5.1)
Assessment: Final Exam
Short-answer and essay questions covering materials from all topics, incorporating calculations and the practical application of international finance concepts and theories.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), PC (3.1), SE (5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resources will be provided on the unit Canvas site.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.1): Critical Analysis
Relates to: ULO1, Global Investment Strategy, Final Exam
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Global Investment Strategy, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, Final Exam
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Global Investment Strategy
PC (3.1): Professional Communication (Written)
Relates to: ULO2, ULO4, Global Investment Strategy, Final Exam
PC (3.2): Professional Communication (Oral)
Relates to: ULO4, Global Investment Strategy
SE (5.1): Ethical and Legal Understanding
Relates to: ULO3, Global Investment Strategy
SE (5.2): Global Social Responsibility
Relates to: ULO3, Final Exam
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Global Investment Strategy
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS12 Master of Business
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving business challenges.
Relates to: ULO1, Final Exam - Leverage digital technologies, data-driven tools, technical and research skills to organise, interpret and extend discipline and professional practice knowledge in digitally enhanced business environments.
Relates to: ULO1, Global Investment Strategy - Critically investigate complex, real-world business problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
Relates to: ULO1, Global Investment Strategy, Final Exam - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world business challenges.
Relates to: ULO2, Global Investment Strategy, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts
Relates to: ULO2, ULO4, Global Investment Strategy, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts.
Relates to: ULO4, Global Investment Strategy - Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary business environments.
Relates to: ULO4, Global Investment Strategy - Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex business decisions and practices.
Relates to: ULO3, Global Investment Strategy - Apply socially responsible and sustainability-focused thinking to analyse business issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
BS68 Graduate Diploma in Business
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to professional challenges.
Relates to: ULO1, Final Exam - Apply technical, digital, and research skills to organise, interpret, and evaluate discipline knowledge and practice to investigate business issues in digitally enhanced environments.
Relates to: ULO1, Global Investment Strategy - Critically investigate real-world business issues and challenges using analysis, evaluation, and synthesis of interdisciplinary knowledge, including theory and practice.
Relates to: ULO1, Global Investment Strategy, Final Exam - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving business contexts.
Relates to: ULO2, Global Investment Strategy, Final Exam - Use information literacy skills to communicate effectively in written forms and through appropriate digital media, tailored to diverse professional and organisational audiences.
Relates to: ULO2, ULO4, Global Investment Strategy, Final Exam - Demonstrate and apply knowledge of ethical and legal principles and practices of business in responding to complex business issues.
Relates to: ULO3, Global Investment Strategy - Apply socially responsible and sustainability-focused thinking to analyse business issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
Unit Outline: Semester 1 2027, Online
| Unit code: | EFN414 |
|---|---|
| Credit points: | 12 |
| Equivalent: | EFX414 |
| Anti-requisite: | EFN417 |
Overview
This unit extends the knowledge and skills you have gained in prior units by exploring the influences, issues and challenges of the international environment. You will investigate financial management issues arising in international settings and develop problem-solving and decision-making skills essential for financial practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Analyse and evaluate international financial markets, exchange rate dynamics, instruments, and cross-border risk factors to support evidence-based global financial and investment decisions. [KS 1.1, KS 1.2, HO 2.1]
- Apply analytical and forecasting methods to evaluate international finance and investment scenarios and justify strategic financial choices with accountable and well-reasoned decision judgement. [HO 2.2, PC 3.1]
- Evaluate international financial and investment decisions using ethical, governance, and sustainability considerations in global contexts. [SE 5.1, 5.2]
- Apply collaborative analytical capabilities and communicate international financial strategies and investment decisions through professional presentations. [PC 3.1, 3.2, TS 4.2]
Content
You will learn the history of exchange rate regimes and markets, practical skills to calculate and understand current and expected foreign exchange rates, the workings of currency derivatives, the effect of changing exchange rates on firm value, the benefits of international investing, international investment risks, why companies expand internationally and where they get their funding from, and brief introductions to international working capital management and corporate governance. This knowledge will be useful to students in both their personal and professional lives.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving business challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise, interpret and extend discipline and professional practice knowledge to investigate digitally enhanced business environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world business problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world business challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary business environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex business decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse business issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
The approaches to teaching include lectures and tutorials. The lectures will focus on providing you with core theoretical and conceptual frameworks that are essential in the analysis of real world international financial issues. The tutorials will provide you the opportunity to solve key practical and theoretical questions which will test their understanding of the theories and concepts discussed during the lecture. The tutorials will also provide the opportunity to analyse cases that illustrate the application of international finance theories to the real world.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the unit learning outcomes and course assurance of learning goals. The assessment has been designed in order to allow you to:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment);
- demonstrate your learning in order to achieve a final grade (summative assessment).
- Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Global Investment Strategy
This assessment task has two interconnected parts:
Part A (Group Report): You will work in a team to produce a report developing an international currency investment strategy based on forecasts of exchange rate movements. Your team will analyse currency relationships, apply forecasting and analytical methods, evaluate strategic alternatives, and justify an evidence-based portfolio approach.
Part B (Individual Oral): You will deliver an individual oral presentation evaluating an international company investment decision using financial indicators and ethical criteria. Your analysis must take into account the exchange rate outlook and currency strategy developed in Part A. You must justify your recommendation using international finance theory, analytical reasoning, and responsible decision frameworks, and respond to questions on your decision approach.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS 1.2, HO (2.1, 2.2), PC (3.1, 3.2), TS (4.2), SE (5.1)
Assessment: Final Exam
Short-answer and essay questions covering materials from all topics, incorporating calculations and the practical application of international finance concepts and theories.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), PC (3.1), SE (5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resources will be provided on the unit Canvas site.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.1): Critical Analysis
Relates to: ULO1, Global Investment Strategy, Final Exam
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO2, Global Investment Strategy, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, Final Exam
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Global Investment Strategy
PC (3.1): Professional Communication (Written)
Relates to: ULO2, ULO4, Global Investment Strategy, Final Exam
PC (3.2): Professional Communication (Oral)
Relates to: ULO4, Global Investment Strategy
SE (5.1): Ethical and Legal Understanding
Relates to: ULO3, Global Investment Strategy
SE (5.2): Global Social Responsibility
Relates to: ULO3, Final Exam
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Global Investment Strategy
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS12 Master of Business
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving business challenges.
Relates to: ULO1, Final Exam - Leverage digital technologies, data-driven tools, technical and research skills to organise, interpret and extend discipline and professional practice knowledge in digitally enhanced business environments.
Relates to: ULO1, Global Investment Strategy - Critically investigate complex, real-world business problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
Relates to: ULO1, Global Investment Strategy, Final Exam - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world business challenges.
Relates to: ULO2, Global Investment Strategy, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts
Relates to: ULO2, ULO4, Global Investment Strategy, Final Exam - Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and business contexts.
Relates to: ULO4, Global Investment Strategy - Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary business environments.
Relates to: ULO4, Global Investment Strategy - Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex business decisions and practices.
Relates to: ULO3, Global Investment Strategy - Apply socially responsible and sustainability-focused thinking to analyse business issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam
BS68 Graduate Diploma in Business
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to professional challenges.
Relates to: ULO1, Final Exam - Apply technical, digital, and research skills to organise, interpret, and evaluate discipline knowledge and practice to investigate business issues in digitally enhanced environments.
Relates to: ULO1, Global Investment Strategy - Critically investigate real-world business issues and challenges using analysis, evaluation, and synthesis of interdisciplinary knowledge, including theory and practice.
Relates to: ULO1, Global Investment Strategy, Final Exam - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving business contexts.
Relates to: ULO2, Global Investment Strategy, Final Exam - Use information literacy skills to communicate effectively in written forms and through appropriate digital media, tailored to diverse professional and organisational audiences.
Relates to: ULO2, ULO4, Global Investment Strategy, Final Exam - Demonstrate and apply knowledge of ethical and legal principles and practices of business in responding to complex business issues.
Relates to: ULO3, Global Investment Strategy - Apply socially responsible and sustainability-focused thinking to analyse business issues and reflect on the broader impact of organisations in national and global contexts.
Relates to: ULO3, Final Exam