Global Finance

Discipline: Semester at Sea Seminars
Instructor: Shank
Credits: 3
Day: C
Start: 1045
End: 1200
Field Work: Day 4- Piraeus - Wednesday, 17 July | Greece
Prerequisites: Basic (Principles level) Financial Management Download Syllabus

This course studies the impact of international financial markets on multinational corporations. We examine foreign exchange markets, assess exposure to currency risks, and evaluate alternative ways to manage these risks. This learning will occur via short introductory lectures on international financial management concepts, group discussions of contemporary issues in global financial markets, and experiential learning exercises dealing with the current economic crises in many of the countries on our itinerary.

Field Work

Country: Greece
Day: 4- Piraeus - Wednesday, 17 July

July 17 (Piraeus, Greece) This Field Lab will help participants gain insights into the current European Financial Crisis, how and why it happened, and what is being done now to fix it.  We will visit the Museum of the Bank of Greece to learn about the history of banking and financial services in Greece.  After that, we visit the nearby Greek office of the International Monetary Fund (IMF) to hear the Senior Representative of the IMF in Greece, Mr. Bob Traa explain the current and likely future Greek economic environment, and also explore the European Financial Crisis with students.  If time permits, an afternoon session might include a visit to a local market or company to learn about how the crisis has impacted individual businessmen and women in Greece. Academic Objectives:

  1. Discuss the underlying causes of the Greek economic and financial crisis
  2. Examine the role of Greece in the larger European financial crisis
  3. Evaluate the steps prescribed by the IMF for correcting Greece’s economic woes and report on their progress to date in resolving these conflicts