The objective of this course is to prepare students for the financial management of companies in an international context.
The first part is devoted to international companies' investment decisions: NPV criterion, referring to the financial markets (reminders on portfolio theory and CAPM).
The second part presents the foreign exchange markets, the risks run by international firms (exchange and interest rate risk), then the hedging tools (options, futures, swaps ...). The chapters are illustrated by exercises and practical cases prepared by the students throughout the semester.
Marion Goffin is a Senior Lecturer at Paris 1 Panthéon-Sorbonne University where she teaches finance (bond management, derivatives, international finance, portfolio theory, business investment decisions) and mathematics. She also taught finance at NEOMA Business School and at ESCP Business School.
Member of PRISM, her areas of research are real options and financing options (in particular callable bonds), the choice of types of debt, debt management.
Since 2016, she is director of the Master GEAI.