International Finance


Content, progress and pedagogy of the module

This module provides the students with a thorough introduction to international finance, which deals with the identification and management of risks and returns arising from the international trade, investment, financing and dividend decisions of firms at both an individual transaction and portfolio level.

The purpose of this module is that the students gain knowledge, skills, and competencies at an advanced level such that they can discuss and analyse central concepts, methods, models, tools and problems within the subject area. The students apply relevant software and search digital databases when working with the content of the module. Part of the teaching material is digital.

Learning objectives


The objective is that the student after the module possesses the necessary knowledge on:

  • and insight in the theories, concepts, models, and methods within the subject area.
  • and solid understanding of the key international finance concepts and their application for companies, for international investments, and in the international financial markets in general.
  • explaining and exemplifying central aspects within the theories, models, and methods within the subject area; and in addition, the student should demonstrate an understanding of relevance, reliability and validity about these.


The objective is that the student after the module possesses the necessary skills in:

  • handling how knowledge in the theoretical frame of reference of the subject area makes it possible to involve in professional discussions and advices on how to construct portfolios with different risk characteristics.
  • analysing and assessing results with respect to their validity, relevance, and limitations with the purpose of deducing a basis for a decision and conclusion regarding a particular financial problem based on the conducted analyses and calculations.
  • applying and integrating the skills and knowledge in companies, financial institutions, in advisory roles, or the finance profession in general.


The objective is that the student after the module possesses the necessary competences in:

  • identifying theoretical and practical financial problems of the companies or financial institutions, and choose and put in place relevant solutions such that the ability to analyse, derive, weigh and judge the different alternative actions is clearly demonstrated.
  • reflecting upon the theoretical frame of reference and apply this to analyse and solve financial problems.
  • analysing types of risks particularly associated with international trade and investments; and in evaluating risks and returns in the context of foreign direct investments.

Type of instruction

For information see ┬ž17.



Name of examInternational Finance
Type of exam
Written exam
Individual examination.
AssessmentPassed/Not Passed
Type of gradingInternal examination
Criteria of assessmentThe criteria of assessment are stated in the Examination Policies and Procedures

Facts about the module

Danish titleFinansieringsteori i en international kontekst
Module codeKAFIN202215
Module typeCourse
Duration1 semester
Language of instructionEnglish
Location of the lectureCampus Aalborg
Responsible for the module


Study BoardStudy Board of Economics and Business Administration
DepartmentAalborg University Business School
FacultyFaculty of Social Sciences and Humanities