Lecture 1

FINS3616 International Business Finance
Dr Bohui Zhang (Week 1-6) 9385 5834 Room: ASB 314 (access from west lobby) Email: [e-mail] Consultation: Tue 16:00 – 18:00 (or by appointment)
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FINS3616 International Business Finance
Dr Jaehoon Lee (Week 7-12) 9385 6013 Room: ASB 365 (access from east lobby) Email: [e-mail]. Consultation: Fri 12:00 – 14:00 (or by appointment)
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Textbook
 Required

Assessment
 Tutorials

textbook: - Bekaert, Geert, and Hodrick, Robert, 2012, International Financial Management: International Edition, 2nd ed. Pearson - This book is available from the UNSW bookshop located near the Quadrangle.

10% 5% 5% 30%

- Attendance - Participation
 Mid

Session - Week 7 – Saturday (Sep. 14th) - Coverage: Week 1 to 6 project

 Group  Final

25% 35%

 Other

reference: - Butler, Kirt, 2008, Multinational Finance, John Wiley Publishing, 4th Edition.

Examination - Formal exam period - Coverage: Week 7-12

 Total

100%

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Mid-session Exam
 Australian  It

Study Tools
Securities Exchange (http://www.asx.com.au/)

includes 45 multiple choice questions. book

 Closed  One

 Reserve

Bank of Australia (http://www.rba.gov.au/) map

and a half hours will be discussed in week 6.
 World

 Details

(http://maps.google.com/)
 Bloomberg.com

(http://www.bloomberg.com/news/)

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Australia's top 10 export markets in 2010

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Three phases of business
Three

broad phases in the evolution of a

firm
1. Introduction of international business finance - Domestic phase : operations are confined within the boundaries of one country - International trade phase : the firm imports materials or export its product or both - Multinational phase : the firm establishes operations overseas

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The objective of international business finance
Y1905 Local business Rio Tinto Y1990 Export Rio Tinto Y2001 Foreign operation Rio Tinto Grasberg