Course Details in 2018/19 Session

Module Title	LM Foreign Exchange Markets
School	Birmingham Business School
Department	Birmingham Business School
Module Code	07 28818
Module Lead	Andrew Mullineux
Level	Masters Level
Credits	10
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	None
Exclusions
Description	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, students 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; and 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	28818-01 : Class Test : Class Test (25%) 28818-02 : Exam : Exam (Centrally Timetabled) - Written Unseen (75%)
Assessment Methods & Exceptions	(a) A 1 hour class test (25%); and (b) a 2 hour closed book written examination (75%).
Other	None
Reading List