Programme And Module Handbook
Course Details in 2020/21 Session

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Module Title LM Foreign Exchange and International Money Markets
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 15977
Module Lead Dr. Jairaj Gupta
Level Masters Level
Credits 20
Semester Semester 1
Restrictions Available to only students on the MSc International Accounting and Finance and MSc Investments programmes

This module is about the markets for foreign exchange and other foreign financial assets. Different methods of determining foreign exchange rates are considered together with the reasons for variation in exchange rates. Some techniques of hedging foreign exchange risk are also considered.

Learning Outcomes

By the end of the module the student should be able to:

  • demonstrate how to perform a range of transactions on foreign exchange markets;
  • critically evaluate theories of foreign exchange rates and apply the theories;
  • predict the direction of change in foreign exchange rates;
  • critically assess the strengths and weaknesses of a range of techniques that are often used to reduce foreign exchange risk and apply the techniques.


Assessment 15977-01 : Examination : Exam (Centrally Timetabled) - Written Unseen (75%)
15977-02 : Class Test : Class Test (25%)
Assessment Methods & Exceptions Main assessment: Continuous assessment (20%), Group report 5,000 words (30%) & 2 hour exam (50%).
Re-assessment: MCQ (20%) 1,500 word indivdual assignment (30%) & 2 hour exam (50%). Students only resit the failed component
Reading List