Global Investments *
Name of module: Global Investments *
Exam number: 2704
Semester/Trimester: Semester
Form of the module (i.e. obligatory, elective course): Wahlpflicht
Frequency of module offer: Summer semester 2009
Prerequisites: "Orientierungsphase" should be completed.
Applicability of module for other modules and study programmes:
Serviceveranstaltung für Studierende der Kultur- bzw. Rechtswissenschaften
Person responsible for module: Scott Hendrix (Kansas State University)
Name of the professor: Scott Hendrix (Kansas State University)
Language of teaching: englisch
ECTS-Credits (based on the workload): 5
Workload and its composition (self-study, contact time):
Kontaktzeit (Vorlesung, Übung, Seminar etc.): 37,5 Std.; Selbststudium: 112,5 Std.
Contact hours (per week in semester): 3
Methods and duration of examination:
It is possible to earn a course requirement (Prüfungsschein). Provided that you successfully complete the examination. Your grade in this course will be the product of 85% exams, and 15% short assignments during the term.
Emphasis of the grade for the final grade: Eins
Aim of the module (expected learning outcomes and competencies to be acquired):
Upon completion of the course, students should be able to
1. Demonstrate knowledge of foreign exchange terminology and principles behind foreign exchange and calculate basic foreign exchange transactions.
2. Demonstrate knowledge of global markets, indexes, and valuation issues related to equity and debt.
3. Demonstrate knowledge of the various forms of financial instruments available for foreign exchange risk management.
4. Demonstrate knowledge of alternative investments and their role in global investing.
5. Demonstrate knowledge of basic strategies and techniques associated with foreign exchange risk management.
Contents of the module:
An advanced study of investments topics with an emphasis on global aspects of investing. Currency exchange, global equity markets and valuations, global bond investing and the use of derivatives will be discussed.
Detailed Topic Coverage for the Course:
1 Currency Exchange Rates
2 Foreign Exchange Parity Relations
3 Foreign Exchange Determination and Forecasting
4 International Asset Pricing
5 Equity: Markets and Instruments
6 Equity: Concepts and Techniques
7 Global Bond Investing
8 Alternative Investments
9 The Case for International Diversification
10 Derivatives
11 Currency Risk Management
12 Global Performance Evaluation
13 Structuring the Global Investment Process
Teaching and learning methods:
Lecture
Additional feature:
Class attendance is required; missed classes for any reason will be subject to a grade reduction. In the event of an absence, it is your responsibility to determine what was discussed from other students; I do not do tutorials for those who miss class. Short assignments are not accepted late. Cheating will be dealt with harshly.
Literature (compulsory reading, recommended literature):
Global Investments, 6th edition, Solnik & McLeavey, Pearson, 2009.