Magister Management Program

Universitas Gadjah Mada

Syllabus
Multinational Financial Management
Lecturer:
Mamduh M. Hanafi
Phone: 274-520213
Email: mamduhmh@ugm.ac.id, mamhan02@yahoo.com, mamhan02@gmail.com
Course Description:
hi! cou"!e di!cu!!e! in#e"na#ional financial managemen#. $n#e"na#ional financial
managemen# can %e defined a! financial managemen# in #he con#e&# of mul#ina#ional
co"'o"a#ion. he #o'ic! co(e"ed in #hi! cou"!e a"e de#e"mina#ion of e&change "a#e!,
fo"eign e&change ma")e#, fo"eign e&change e&'o!u"e, de"i(a#i(e in!#"umen#!,
in#e"na#ional in(e!#men# and financing, in#e"na#ional 'o"#folio, and mul#ina#ional
o'e"a#ion!. *e +ill di!cu!! ca!e! "ela#ed #o in#e"na#ional finance, #o im'"o(e analy#ical
!)ill and unde"!#anding of in#e"na#ional finance. *e u!e com%ina#ion of lec#u"ing,
di!cu!!ion, and '"o%lem !ol(ing.

e!t:
1. ,ha'i"o, -lan .., Multinational Financial Management, /
#h
ed., *iley, 2010.
2. -ddi#ional ma#e"ial! +ill %e di!#"i%u#ed in #he cla!!
Grading
Mid-#e"m E&am 300
1inal E&am 300
.la!! Pa"#ici'a#ion and 2"ou' P"e!en#a#ion 250
Pa'e" and $ndi(idual -!!ignmen# 150
he"e a"e fou" '"o%lem !e#! 3indi(idual a!!ignmen#4

Class Schedule
*ee) o'ic! 5eading
"# $nvironment o% "nternational Financial Management
1 $n#"oduc#ion .h1
2 Pa"i#y .ondi#ion .h4
5eading: Mc6onald7! e&change "a#e 3'.1044
3
4
6e#e"mina#ion of 1o"eign
E&change 31o"e&4 5a#e
1o"e& ma")e# and
de"i(a#i(e!
.h2
.h7, .h8
.a!e: 9an) fo" $n#e"na#ional 6e(elo'men#
5eading: :ic) ;ee!on and 9a"ing 9an)
""# Foreign $!change $!posure
5 "an!ac#ion E&'o!u"e
"an!la#ion E&'o!u"e
.h10
< ='e"a#ing E&'o!u"e .h11
5eading: 6olla"->uan *al#?
P"o%lem ,e# @1 and @2 !u%mi##ed
.a!e: 9"a?il figh#! - 5eal 9a##le
Mid $!am
"""# "nterna tional Financing
7 $n#e"na#ional 1inancing .h12
.h13
5eading: $n#e"na#ionali?a#ion of .o!# of .a'i#al
.a!e: 5oll! 5oyce
8 .a'i#al ,#"uc#u"e
$n#e"e!# 5a#e! and 1o"e&
,+a'
.h/,14
5eading: .eme&
"&# "nternational "nvestment and Managing M'C (peration
/ $n#e"na#ional Po"#folio
M:. .a'i#al 9udge#ing
-naly!i!i of Poli#ical 5i!)
.h15, 1<
.h17
.h<
10 Managing M:. ='e"a#ion .h18, .h1/, .h20
.a!e: ."o!+ell
P"o%lem ,e# @3 !u%mi##ed
&# Group Presentation
11 2"ou' P"e!en#a#ion 2"ou' P"e!en#a#ion
12 2"ou' P"e!en#a#ion 2"ou' P"e!en#a#ion
P"o%lem ,e# @4 !u%mi##ed

Final $!am
Group assignments:
,#uden#! a"e e&'ec#ed #o fo"m g"ou'!. Each g"ou' +ill +o") on #he ca!e! and final
'"oAec#. Each g"ou' ha! #o: 314 !u%mi# +"i##en "e'o"#, and 324 '"e!en# i# #o #he cla!!.
2"ou' a!!ignmen#! +ill %e g"aded %a!ed on:
1. *"i##en "e'o"#: dee' and #ho"ough analy!i!, cla"i#y of #he "e'o"#, good fo"ma# on
+"i##en "e'o"#
2. P"e!en#a#ion: cla"i#y of '"e!en#a#ion, a%ili#y #o an!+e" and defend a"gumen#!