BIBM677 – International Trade and Finance
Module code
BIBM677
Module title
International Trade and Finance
Prescription
To provide students with a comprehensive knowledge of the benefits, risks and financing of international trade and develop an awareness of foreign exchange and capital markets. On completion of this module, students should be capable of undertaking routine supervised tasks in the international department of a financial intermediary, bank etc. with a view to gaining the practical experience to progress further.
Programmes
- BI1401
- BI1504
NZQA Level
Level 6
NZQA Credits
15
Delivery method
- Web-Supported
Learning hours
- Total learning hours
- 150
Resources required
- Learning Outcomes
- 1. Exhibit awareness of international trade agreements influencing New Zealand and an
understanding of the balance of payments account
2. Evaluate risk and risk management strategies involved in international trade
3. Demonstrate awareness of foreign exchange transactions and the concerns related to their
application in exporting and importing
4. Discuss trade terms and documentation for particular trade transactions
5. Apply knowledge to the bill of exchange including its use in finance for international trade
transactions
6. Apply knowledge of the procedures and regulations involved in documentary collections
and different types of documentary letters of credit in international trade
7. Evaluate trade finance options for exporters and importers
8. Discuss the nature of the Euromarkets and swaps in global finance markets - Content
- - Evaluation of international trade theories and international trade agreements
- Risk and Risk management in international trade
- Foreign exchange calculations and risk management
- Trade terms and documentation used in international trade
- Application of bills of exchange, documentary collection and documentary letters of credit in
international trade
- Sources of International Trade Finance
- Instruments used in international capital markets - Teaching and Learning Strategy
- Teaching will involve blended delivery methods incorporating the Moodle online delivery platform. Other delivery methods my involve theoretical and practical classes, face to face, lectures, tutorials, workshops, group activities, guest tutors, field trips, role-play, and video conferencing, as appropriate.
- Assessment Criteria
- Candidates must achieve a minimum result of 40 in the final examination of this module. They must also achieve a minimum C grade pass overall from all assessments to receive a passing grade for the module.
- Learning and Teaching Resource
- Required Text:
An extended reading list will be supplied by the tutor at commencement of the module. This will be updated annually.
