Course Details
Course Information Package
Course Unit Title | SHIPPING FINANCE I | ||||||
Course Unit Code | ATSF401 | ||||||
Course Unit Details | |||||||
Number of ECTS credits allocated | 5 | ||||||
Learning Outcomes of the course unit | By the end of the course, the students should be able to:
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Mode of Delivery | Face-to-face | ||||||
Prerequisites | AFIN101,AFIN203 | Co-requisites | NONE | ||||
Recommended optional program components | NONE | ||||||
Course Contents | Introduction
Multinational Shipping Measuring Accounting Exposure
Alternative Measures of Foreign Exchange Exposure; Alternative Currency Translation Methods; Statement of Financial Accounting Standards; Transaction Exposure; Accounting Practice and Economic Reality
Measuring and Managing Economic Exposure
Foreign Exchange Risk and Economic Exposure; The Economic Consequences of Exchange Rate Changes; Identifying Economic Exposure; Calculating Economic Exposure; Managing Operating Exposure.
International Financing and International Financial Markets
Corporate Sources and Uses of Funds; National Capital Markets as International Financial Centers; The Euro-markets; Development Banks; Project Finance. The Cost of Capital for Foreign Investments: The Cost of Equity Capital; The Weighted Cost of Capital for Foreign Projects; Discount Rates for Foreign Investments; The Cost of Debt Capital; Establishing a Worldwide Capital Structure
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Recommended and/or required reading: | |||||||
Textbooks |
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References |
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Planned learning activities and teaching methods | Lectures, discussions, presentations, assignments | ||||||
Assessment methods and criteria |
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Language of instruction | English | ||||||
Work placement(s) | NO |