Assignment

Topic: What do you have learnt from this FIN-645 course?

Prepared for:

Dr. A. A. Mahboob Uddin Chowdhury
Professor
Department of Finance
University of Dhaka

Prepared by :

Partha Pratim Sarker
ID: 1330959090

School of Business

North South University

International financial management is a popular concept which means management of finance in an international business environment which means, doing of trade and making money through the exchange of foreign currency. The international financial activities help the organizations to connect with international dealings with overseas business partners- customers, suppliers, lenders etc. It is also used by government organization and non-profit institutions. Before doing this course though I have some idea about finance but now I can feel that I have learnt many things which I didn’t know earlier in details. Important things that I have learnt are given in the following.

The first chapter has been about the International Financial environment where main objectives have been about the goal of the MNC’s, key theories and common methods of doing international business. In this chapter I have learnt about the detailed agency problems, various forms of corporate control which result in reducing agency costs. Along with the constraints which confront the managers to maximize the shareholder’s wealth, it has also been learnt how comparative advantages, imperfect market and product cycle theory details motivate the managers to expand business internationally. Several methods have been learnt like franchising, licensing, DFI, joint ventures, acquisitions etc. The risks which are acquainted with the international business have also been explained in this course very elaborately. i.e. exchange rate movements, foreign economies, political risks etc. Valuation of the MNC’s has also been learnt from this