Financial Management

  1. International Financial Management
    1. International Financial Environment
      1. Globalization of Business
        1. Multinational Corporations
          1. International Financial Markets
            1. Political and Economic Risks
            2. Foreign Exchange Markets
              1. Exchange Rate Systems
                1. Fixed Exchange Rates
                  1. Floating Exchange Rates
                    1. Managed Float
                    2. Exchange Rate Determination
                      1. Purchasing Power Parity
                        1. Interest Rate Parity
                          1. International Fisher Effect
                            1. Balance of Payments Effects
                            2. Currency Markets
                              1. Spot Markets
                                1. Forward Markets
                                  1. Currency Futures
                                    1. Currency Options
                                      1. Currency Swaps
                                    2. Foreign Exchange Risk Management
                                      1. Types of Exchange Rate Exposure
                                        1. Transaction Exposure
                                          1. Translation Exposure
                                            1. Economic Exposure
                                            2. Hedging Strategies
                                              1. Natural Hedging
                                                1. Financial Hedging
                                                  1. Forward Contracts
                                                    1. Futures Contracts
                                                      1. Options Contracts
                                                        1. Swaps
                                                      2. Hedging Decision Process
                                                      3. International Capital Budgeting
                                                        1. Complexities in International Projects
                                                          1. Cash Flow Estimation
                                                            1. Parent vs. Subsidiary Perspective
                                                              1. Tax Considerations
                                                                1. Transfer Pricing
                                                                2. Risk Adjustment Methods
                                                                  1. Risk-Adjusted Discount Rate
                                                                    1. Certainty Equivalent Method
                                                                    2. Political Risk Assessment
                                                                      1. Country Risk Analysis
                                                                        1. Political Risk Insurance
                                                                      2. International Financing
                                                                        1. Sources of International Financing
                                                                          1. Eurocurrency Markets
                                                                            1. Eurobond Markets
                                                                              1. International Equity Markets
                                                                              2. Cost of Capital for MNCs
                                                                                1. International Diversification Benefits
                                                                                  1. Country Risk Premium
                                                                                  2. Capital Structure Decisions
                                                                                    1. Local vs. Global Optimization