I. SUBJECT DESCRIPTION
II. SUBJECT REQUIREMENTS
III. COURSE CURRICULUM
SUBJECT DATA
OBJECTIVES AND LEARNING OUTCOMES
TESTING AND ASSESSMENT OF LEARNING PERFORMANCE
THEMATIC UNITS AND FURTHER DETAILS
Subject name
INTERNATIONAL FINANCE
ID (subject code)
BMEGT35M124
Type of subject
contact lessons
Course types and lessons
Type
Lessons
Lecture
2
Practice
0
Laboratory
0
Type of assessment
Mid-term grade
Number of credits
3
Subject Coordinator
Name
Dr. Kóczy Á. László
Position
full professor
Contact details
koczy.laszlo@gtk.bme.hu
Educational organisational unit for the subject
Department of Finance
Subject website
Language of the subject
EN
Curricular role of the subject, recommended number of terms

Programme: Finance MSc (in English) from 2019/20/Term 1 SPRING start

Subject Role:

Recommended semester: 2

Programme: Finance MSc (in English) from 2019/20/Term 1 AUTUMN start

Subject Role:

Recommended semester: 2

Direct prerequisites
Strong
None
Weak
None
Parallel
None
Exclusion
None
Validity of the Subject Description
Approved by the Faculty Board of Faculty of Economic and Social Sciences, Decree No: 580768/11/2022. Valid from: 26.10.2022.

Objectives

The course’s main goal is to get familiar with the models and acquire the skills necessary to study and un-derstand the phenomena of international financial markets, based on mainly a game theory approach.

Academic results

Knowledge
  1. The students are aware of
  2. the main concepts of international finance,
  3. the context and most important economic theories,
  4. the main methods of analysis,
  5. the main applicable strategies,
Skills
  1. The students are able to
  2. plan and organize independent learning,
  3. comprehend and use the professional literature of the topic,
  4. grasp the professional language in writing and speech,
  5. recognize and solve practical professional problems
Attitude
  1. The students
  2. are open to learn and adapt the economic methodology of international finance,
  3. collaborate with their instructors and fellow students during the learning process,
  4. gain knowledge and information,
  5. are open to critical thinking.
Independence and responsibility
  1. The students
  2. are open to accept reliable critical remarks,
  3. are able to solve practical professional problems independently

Teaching methodology

Lectures, oral and written communication

Materials supporting learning

  • Kötelező - Obligatory:
  • Az előadások anyaga. / Lecture materials
  • W. Kip Viscusi, Joseph E. Harrington, Jr. and David E. M. Sappington: Economics of Regulation and An-titrust, MIT Press, 2018.
  • Hans Peters: Game Theory A Multi-Leveled Approach, Springer, 2008.
  • Ajánlott - Recommended:
  • Tudományos írások, melyek a szemeszter folyamán kerülnek kiajánlásra. / Percentage of performance assessments, conducted during the study period, within the rating.

General Rules

Assessment of the learning outcomes described under 2.2. is based on a written mid-term and end-term test.

Performance assessment methods

Assesments during the term, mid-term test

Percentage of performance assessments, conducted during the study period, within the rating

  • Written: 50
  • Written: 50

Percentage of exam elements within the rating

Issuing grades

%
Excellent 95-100
Very good 85-94
Good 75-84
Satisfactory 62-74
Pass 50-61
Fail < 50

Retake and late completion

According to TVSZ

Coursework required for the completion of the subject

Nature of work Number of sessions per term
Participation on contact lessons 24
Preparing for the exam 66
Total 90

Approval and validity of subject requirements

Consulted with the Faculty Student Representative Committee, approved by the Vice Dean for Education, valid from: 10.10.2022.

Topics covered during the term

Subject includes the topics detailed in the course syllabus to ensure learning outcomes listed under 2.2. can be achieved.

Lecture topics
1. Introduction – making a case for the regulation of new financial service providersStrategic aspects of devaluing a currency. A methodological introductionFrom national monopolies to the oligopol markets of the European UnionMarket structures and competitionThe consolidation of the banking sectorWho pays for credit card usage? Financial platformsTest 1The regulation of financial service providers IThe regulation of financial service providers IIBank runsRisk and uncertaintyWhy pay a sovereign debt?International financial institutionsTest 2Buffer Week – Test Re-Take

Additional lecturers

Name Position Contact details

Approval and validity of subject requirements