Major: International Finance and Banking
Program Overview: This program provides students with a comprehensive understanding of global financial markets, banking systems, and international financial management. Designed to meet the demands of an interconnected global economy, it combines theoretical knowledge with practical skills in financial analysis, risk management, and banking operations. Graduates will be prepared for careers in international banking, finance, investment, and corporate financial management.
Key Learning Objectives:
- Understand global financial markets and international banking systems.
- Develop skills in financial analysis, investment management, and risk assessment.
- Learn about international trade finance, foreign exchange markets, and cross-border transactions.
- Gain expertise in corporate finance, financial planning, and capital budgeting.
- Explore financial regulations, compliance, and ethical standards in international finance.
- Master financial technologies (FinTech) and digital banking innovations.
Core Courses:
- Principles of International Finance
- Overview of global financial markets, institutions, and instruments.
- International Banking
- Structure and functions of international banking, including central banks and commercial banks.
- Financial Markets and Institutions
- Study of stock markets, bond markets, derivatives, and other financial instruments.
- Corporate Finance
- Financial planning, capital budgeting, and corporate financial strategies.
- Investment Management
- Portfolio management, asset allocation, and investment strategies.
- International Trade Finance
- Financing international trade, letters of credit, and foreign exchange risk management.
- Risk Management in Banking and Finance
- Identifying, assessing, and managing financial risks.
- Financial Regulations and Compliance
- Understanding international financial regulations, compliance, and ethical standards.
- Financial Technologies (FinTech)
- Innovations in digital banking, blockchain, cryptocurrencies, and financial software.
- Econometrics and Financial Modeling
- Quantitative methods for financial analysis and forecasting.
- Practicum in International Finance and Banking
- Internships or projects with financial institutions, banks, or corporate finance departments.
- Capstone Project
- Comprehensive project addressing a real-world issue in international finance or banking.
Assessment Methods:
- Financial analysis reports
- Investment portfolio simulations
- Case studies on international trade finance
- Risk management projects
- Financial modeling assignments
- Practicum evaluations and capstone project presentations
Recommended Textbooks and Resources:
- International Financial Management by Cheol Eun and Bruce Resnick
- The Economics of Money, Banking and Financial Markets by Frederic S. Mishkin
- Investments by Zvi Bodie, Alex Kane, and Alan J. Marcus
- Financial Risk Management by Jimmy Skoglund and Wei Chen
- Fintech and Financial Innovations by Franklin Allen et al.
Prerequisites: Basic knowledge of economics and mathematics. Suitable for students interested in finance, banking, and international business.
Program Duration: 4 years (bachelor’s degree), including coursework and internships.
Certifications: Graduates can pursue certifications such as:
- Chartered Financial Analyst (CFA)
- Certified International Investment Analyst (CIIA)
- Financial Risk Manager (FRM)
Career Paths:
- International Banker (working in global banking operations)
- Financial Analyst (analyzing financial data and investment opportunities)
- Investment Manager (managing investment portfolios)
- Risk Management Specialist (assessing and managing financial risks)
- Corporate Financial Manager (overseeing financial planning and strategy in corporations)
- FinTech Specialist (working in financial technology innovations)
Why This Major? In an increasingly globalized world, the demand for professionals with expertise in international finance and banking continues to grow. This program prepares students to navigate the complexities of global financial markets and banking systems, offering opportunities to work in diverse roles within international banks, financial institutions, and corporations. Graduates will be equipped with the skills and knowledge to excel in a dynamic and evolving financial landscape.
