International Finance

Qualification: Postgraduate unit
Study mode: Online
Payment options: FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: RMIT University
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

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About this unit

This unit, provided online by RMIT University and Open Universities Australia, will give you an excellent introduction to the international aspects of finance. International finance differs in many ways from domestic finance, and this unit will take you through the challenges common to the area of international finance, including problems arising from an absence of common currency and how the pricing of capital assets may differ between countries.

By the end of this unit you will understand the importance of international finance and be able to distinguish international from domestic finance. You will also be able to investigate the institutional framework that allows international payments to be made, and the means by which movement of capital is accommodated. Moreover, you will be able to investigate the balance of payments, how it is constructed and how such data may be interpreted.

Furthermore, you will be given the knowledge to analyse the institutional framework facilitating the determination of exchange rates and to understand key international parity relationships. You will also be able to investigate world financial markets and institutions and understand why investors diversify their portfolios internationally and understand how much investors can gain from such practices.

Eligibility

It is recommended that you have completed the following unit, or have equivalent knowledge, before starting this unit:

  • Corporate Finance

You must also be accepted into the following course:

  • Master of Finance, RMIT University

Areas of study

In this International Finance unit, the topics you will study include:

  • Introduction to international finance
  • The foreign exchange market
  • The international monetary system
  • Balance of payments
  • International parity conditions
  • Foreign exchange rate determination and forecasting
  • Foreign exchange exposure and management
  • International portfolio investment
  • Foreign direct investment and political risk
  • Multinational capital budgeting

Course pathways

This unit is a core requirement in the following course:

  • Master of Finance, RMIT University

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

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Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

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How will this unit advance my career?

This unit will give you valuable insight into the world of international finance, which will prepare you for a career in business, accounting or finance. It may also open other career pathways, as a comprehensive understanding of international finance is a desirable knowledge set for any employee in a commercial setting.

Undertaking this finance unit will provide you with advanced knowledge of the laws of the sector as it relates to an international forum, meaning that you will have undertaken a cross-discipline subject. This is highly desirable for employers, as it means you have an understanding not only of finance but also how it can be applied internationally. This unit will assist you in working in both the domestic and international financial sectors and also in any relevant commercial environment.

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in International Finance from RMIT University.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferrable knowledge.
  • Government financial support through FEE-HELP may be available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA’s full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen, you may be eligible to receive a government FEE-HELP loan, meaning you can defer payment of your fees.

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Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive FEE-HELP for this course!

This course can be paid for through the FEE-HELP government loan scheme. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
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Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

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