BSMM-8120: Finance in a Global Perspective

Master of Management
Winter 2023

M/W 6:00 – 8:00pm

Class meetings
OB B04

Instructor Imran Abdool

Office hours M/W 3-4pm or by appointment Office LT 7116

Telephone (519)253- 3000 x2373 E-mail [email protected]

Course Website https://blackboard.uwindsor.ca/

Eun & Resnick, “International Financial Management” (9th edition), McGraw Hill
ISBN: 978-1-259-71778-9
Textbook
Note: A subscription to McGraw Hill’s Connect – the companion website to our
textbook – is required for assessments.
Academic Director Dr. Brent Furneaux Email [email protected]

Program
Robyn Herman Email [email protected]
Administrator
Student Experience
TBD Email
Coordinator
Career Advisor
Clementa Stan Email [email protected]
Coordinator

Graduate Secretary Lisa Power Email [email protected]

The Odette School of Business and the University of Windsor sit on the Traditional territory of the Three
Fires confederacy of First Nations, comprised of the Ojibway, the Odawa, and the Potawatomie.

CALENDAR DESCRIPTION:
A study of concepts and principles of financial management of the business enterprise within the global
financial environment. Emphasis will be placed on the contemporary and emerging hardware/software

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tools, information management, and information technology. Following an introduction of domestic and
international financial markets and instruments, the concepts of value, risk, and efficient markets will be
covered. Capital budgeting, financial analysis and planning, and short-term financial management will
also be introduced. With these concepts in hand, the student will learn how to envision, design, and
evaluate computer-based solutions for typical business problems.

LEARNING OBJECTIVES:
By the end of the course, students will be able to:
• the international trading environment and theories of international trade and commerce
• the economic and social arguments for and against free trade and globalization
• the cultural, legal, political and economic influences governing doing business overseas
• the world financial environment including foreign exchange and capital markets and the
determination of exchange rates
• the variety of strategic alternatives for multinational enterprises (MNEs) including their
strategies for country evaluation and direct investment as well as strategies based on
collaboration through joint ventures and strategic alliances
• the practice of management of international operations namely, international marketing,
manufacturing, including outsourcing abroad, accounting for international operations,
managing finance on a worldwide basis, and management of the international workforce
• Our human obligation to help understand and resolve the economic problems of poor nations.

MASTER OF MANAGEMENT ASSURANCE OF LEARNING (AOL) GOALS AND COMPETENCIES:

Each Odette Program has competencies. Together, these define the knowledge, skills, and values
possessed by our graduates. This course contributes to the following Master of Management program
competencies through the course competencies listed below.

For BSMM-8120 the following competencies are taught and tested:

Program Competencies Course Competencies Tested by
International Business Knowledge
C8 Summarize the importance of Summarize the importance of
different contextual factors in order different contextual factors in order
Midterm and final
to formulate innovative ideas about to formulate innovative ideas about
exam
what could constitute success in the what could constitute success in the
conduct of business in various conduct of business in various
cultures. cultures.

COURSE CONTENT:

Date Topic Reading Assignment

Globalization and Multinational
Jan 16 Chapter 1
Corporations
Jan 18 Corporate Management and Governance Chapter 4
Jan 23 Foundations of Foreign Exchange Markets Chapter 5
International Parity Relationships and their
Jan 25 Chapter 6
Consequences

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 Date Topic Reading Assignment
International Parity Relationships and their
Jan 30 Chapter 6
Consequences
International Parity Relationships and their
Feb 1 Chapter 6
Consequences
Feb 6 International Money Markets Chapter 11
Feb 8 International Money Markets Chapter 11
Feb 13 International Money Markets Chapter 11
Feb 15 Midterm All above chapters
Feb 20 Reading Week
Feb 22 Reading Week
Feb 27 International debt market Chapter 12
Mar 1 International Equity markets Chapter 13
Mar 6 Foreign Direct Investment Chapter 16
Mar 8 Foreign Direct Investment Chapter 16
Mar 13 International Capital Structure Chapter 17
Mar 15 International Capital Structure Chapter 17
Mar 20 International Capital Budgeting Chapter 18
Mar 22 International Cash Management Chapter 19
Mar 27 International Cash Management Chapter 19
Mar 29 International Trade Finance Chapter 20
Apr 20-29
All above chapters but focus in on post-
(exact date Final Exam
Midterm chapters.
TBD)
The above schedule is subject to change. Students will be notified of any changes. Additional readings
may be assigned as necessary.

KEY DATES FOR EXAMS/ASSIGNMENTS:

Date Exam/Assignment
Jan 18, 25; Feb 1, 8,
15; and March 1, 8, Weekly Quizzes
15, 22, and 29th

Feb 15 Midterm exam

TBD Final exam

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GRADING:
Grades will be assigned on the following basis:

%
Midterm Examination 30
Final Examination 50
20 (10
Weekly quizzes quizzes x 2%
each)
…
…
TOTAL 100

GRADING SCALE POLICIES:

All course work is to be marked and final grades submitted using the 100% scale beginning September 1,
2013. In accordance with the Senate resolution, instructors are to submit whole numbers (e.g., 88, 76, etc.)
as percentages. The following University-wide grade descriptors are in effect and will be printed on the
back of transcripts:

Letter Grade Percentage Range

A+ 90-100
A 85-89.9
A- 80-84.9
B+ 77-79.9
B 73-76.9
B- 70-72.9
C+ 67-69.9
C 63-66.9
C- 60-62.9
F 0-59.9

EXAM/ASSIGNMENT DESCRIPTIONS:

Midterm Examination
The midterm will be released at the start of the our designated session. You have 2-hours in which to
submit it. The midterm is written online. You download the midterm from our the Content section of our
course site and submit it through the Assignment area.

The format includes an written response question (2-4 paragraph answer) and analytical (algebra and
calculations). Specific details will be discussed in the lectures prior to the midterm.

Weekly Quizzes
There will be a short (15-20min) online quiz every week at the beginning of our Wednesday class session.
The purposes of these quizzes are to ensure students are keeping up with their course work. Quizzes will
be written online through Connect, our textbook’s companion website.

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The quiz will be available at 6pm on Connect and close promptly by 6:20pm. Students will be given a short
break, and then the course lecture will start afterwards.

Final Examination
The exam will be released at the start of the our assigned exam slot by the Registrar’s Office. You have 2-
hours in which to submit it. A well-prepared student should be able to complete it within 2-hours.

The format includes an essay based question (5-7 paragraph answer), concept questions (2-3 paragraph)
and analytical (algebra and calculations). Specific details will be forthcoming in the end-of-semester
lectures.

The final exam is written online. You download the exam from our the Content section of our course site
and submit it through the Assignment area.

DIGITAL LEARNING RESOURCES:

Digital resources may be used in this course. They may be required resources which will be used for
assessment purposes. The assessments that will rely on these resources constitute 20% of the grade for
this course. These resources can be purchased from McGraw Hill. Specific instructions to do so will be
posted to our course site. . The assignment of digital learning resources at the University of Windsor is
governed by a policy entitled The Use of Digital Learning Resources for Instructional an Assessment
Purposes, which can be reviewed at
https://www.uwindsor.ca/provost/sites/uwindsor.ca.provost/files/digital_learning_resource_policy_fin
al_with_link_0.pdf

Should you have any concerns about the assignment of digital learning resources for this course, please
let the Master of Management Program Director know in writing, as the University regularly reviews this
policy based on campus community feedback.

ODETTE SCHOOL OF BUSINESS COURSE POLICIES:

Please refer to the Odette School of Business Course Policies document for specific information
on the following subjects. This Course Policies document is available electronically on each course
website and in paper form outside each Area Secretary’s office on the 4th floor of the Odette
building. (Adopted Fall 2009)

Academic Integrity and Code of Conduct

Missed Exams and Late Assignments
Registration, Adding, and Dropping Courses
Odette School of Business Grade Conversion Scale
Odette School of Business Grading Policy
Student Evaluation of Teaching (SET)

MASTER OF MANAGEMENT PROGRAM ETIQUETTE:

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The Master of Management program is a culturally inclusive program where it is expected that students,
faculty, and staff will recognize, appreciate, and benefit from diversity so as to enhance the learning
experience. Promoting a culturally inclusive learning environment encourages individuals to collaborate
and develop intercultural respect. The following outlines the protocol for Master of Management
students while they are at the University of Windsor:

• All students will communicate in English at all times. It is important for students to continually
improve language skills and be inclusive of others from different backgrounds.
• Students will demonstrate respectful behavior toward their peers and professors, regardless of
culture, language, values, beliefs, or ideas.

SECONDARY DATA USE, EVALUATION, FOCUS GROUPS AND INTERVIEWS:

This course will be evaluated as part of internal or external quality assurance processes and reporting
requirements to funding agencies and as research data for scholarly use. As a student in this course your
online student data will be used for evaluating the course delivery and your engagement in the various
aspects of the course. This will only occur after final grades have been submitted and approved so it will
no effect on your grade. This course data provides information about your individual course usage and
activity during the time that you are enrolled in the course. Your anonymized, aggregated data may also
be used in the future in reports, articles or presentations.

During the final week of the course you may also be invited to participate in further research about the
course. If you decide to participate you may be asked to fill out anonymous online questionnaires that
solicit your impressions about the course design and student learning in the course. The survey
participation is voluntary and no questions of a personal nature will be asked. Your participation will
have no effect on your grade and your instructor will not know who participated in the surveys.

Finally, at the end of the survey you may also be asked if you want to participate in a focus group or
interviews after final grades have been assigned to gather yours and other student opinions about
specific course delivery methods and technologies used.

COMMITMENT TO STUDENT WELLNESS:

Feeling Overwhelmed?
From time to time, students face obstacles that can affect academic performance. If you experience
difficulties and need help, it is important to reach out to someone.

For help addressing mental or physical health concerns on campus, contact (519) 253-3000:
- Student Health Services at ext. 7002 (http://www.uwindsor.ca/studenthealthservices/)
- Student Counselling Centre at ext. 4616 (http://www.uwindsor.ca/studentcounselling/)
- Peer Support Centre at ext. 4551

24 Hour Support is Available

- My Student Support Program (MySSP) is an immediate and fully confidential 24/7 mental health
support that can be accessed for free through chat, online, and telephone. This service is available to all

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University of Windsor students and offered in over 30 languages. Call: 1-844-451-9700, visit
https://keepmesafe.myissp.com/ or download the My SSP app: Apple App Store/Google Play.

A full list of on- and off-campus resources is available at http://www.uwindsor.ca/wellness.

Should you need to request alternative accommodation contact your Instructor, Program Administrator,
or Director.