Derivatives in International Business
Course: International Business (master)
Structural unit: Educational and scientific institute of international relations
            Title
        
        
            Derivatives in International Business
        
    
            Code
        
        
            ВБ 1.4.2.2.
        
    
            Module type 
        
        
            Вибіркова дисципліна для ОП
        
    
            Educational cycle
        
        
            Second
        
    
            Year of study when the component is delivered
        
        
            2021/2022
        
    
            Semester/trimester when the component is delivered
        
        
            3 Semester
        
    
            Number of ECTS credits allocated
        
        
            4
        
    
            Learning outcomes
        
        
            Need to know:
- the essence of the concepts of "derivative financial instruments",
- main theoretical aspects of regulation, planning and management of derivative financial instruments,
- features of application of some modern strategies for hedging price and exchange rate risks,
- organizational aspects of stock exchange business in Ukraine and abroad,
- the specifics of the work of various subjects of international investment activities in the context of operations with derivative financial instruments in Ukraine and the most developed countries,
- experience of exchange and investment intermediaries of the world's leading investment, banking, financial and consulting companies.
Gain basic communication skills in the application and management of derivative financial instruments, hedging techniques of foreign economic contracts
        
    
            Form of study
        
        
            Prerequisites and co-requisites
        
        
            The theoretical basis of the discipline "Derivative financial instruments in international business" are the disciplines "Fundamentals of Economic Theory", "Financial Theory", "Theory of World Economy and International Economic Relations", "Risk Management in International Business", "Insurance in International Business", "Fundamentals of Accounting and Auditing", "Statistical Methods of Analysis of Economic Processes", etc.
        
    
            Course content
        
        
            The course consists of two content modules.
The first is devoted to acquaintance with the theoretical principles of derivatives, economic essence of derivatives and their classification, the current state of the world market of derivatives, features of forward contracts, characteristics of commodity futures as an investment instrument of stock exchange movement and more.
The second content module covers practical aspects of the use of derivative financial instruments, the growth of financial futures, the benefits of options trading, organizational aspects of stock trading, the economic nature of stock speculation, features of hedging price and exchange rate risks, prospects for derivative financial instruments in Ukraine. The material is taught taking into account the peculiarities, specifics, traditions and practices of international business.
        
    
            Recommended or required reading and other learning resources/tools
        
        
            Planned learning activities and teaching methods
        
        
            Lectures, seminars, personnel  tasks 
        
    
            Assessment methods and criteria
        
        
            Semester assessment is formed by the points received by the student in the process of mastering the material of all content modules. Final evaluation. The exam in the discipline is conducted in writing. The student's answer to the exam is estimated at a maximum of 40 points.
        
    
            Language of instruction
        
        
            Ukrainian
        
    Lecturers
This discipline is taught by the following teachers
                    Chair of International Business 
Educational and scientific institute of international relations
            Educational and scientific institute of international relations
Departments
The following departments are involved in teaching the above discipline
                        Chair of International Business
                    
                    
                        Educational and scientific institute of international relations