The aim of this unit is to help students develop ethical values and skills in the rapidly evolving and uncertain environment of international finance. Students learn about ethical behavioural values, traits and principles, as well as the Code of Ethics and Standards of Professional Conduct. Students learn about international financial systems and the various types of exchange rate regimes. They will understand the theories of exchange rate determination and how theories are held in practice. Students also learn about internationalisation of finance using different economic and financial indicators; and the technology-driven trends reshaping the international finance industry.
Unit Learning Outcomes (ULO)
On successful completion of this unit students will be able to:
1. Discuss the importance of ethical decision making for investment professionals and the concept of fairness for financial transactions to embrace public trust
2. Apply principles of professional integrity, trust and ethical conduct frameworks in the investment profession
3. Analyse advantages and disadvantages of the various exchange rate regimes and apply theories of exchange rate determination in international financial transactions
4. Communicate effectively and discuss the role of technology in reshaping international finance industry