COMM 328/3.0 International Finance
Since the demise of the Breton Woods system in the early 1970s. the international financial environment has seen constant change and major development. It is against this volatile background that this course seeks to give students a critical understanding of the financial challenges facing international businesses. Multinational Corporations dominate world production – of the 100 largest ‘economies’ in the world, 52 are corporations and 48 are countries! The financial management of these enterprises takes place within a volatile international financial environment. A knowledge of this is essential to anyone exploring a career in international business management.
The cohort of students in the summer school is usually small in number thus facilitating a supportive class environment and ideal for the discussion of current corporate finance issues and trends. The UK is a major destination for foreign investment, London is a leading global financial centre and the BISC at Herstmonceux castle is conveniently situated for visits to key institutions and businesses. The course material integrates field trips to sites of inward investment and major financial institutions. Most recently, field trips have been undertaken to the BMW Mini plant in Oxford, the Quartari funded Shard building (the tallest in Europe) as well as to major investment banks, UN agencies and similar institutions.