COURSE
NUMBER: MBA237.4
COURSE
TITLE: International Finance
UNITS
OF CREDIT: 2.0
INSTRUCTOR:
Atif Mian
E-MAIL
ADDRESS: atif@haas.berkeley.edu
CLASS
WEB PAGE LOCATION: http://bspace.berkeley.edu
MEETING
DAY(S)/TIME: Wednesdays 4:00 – 6:00PM
PREREQUISITE(S):
MBA203
CLASS
FORMAT: Cases and Lectures
REQUIRED READINGS: Cases, Course Reader and Text Book. Text Book
Information: The Theory and Practice of International Financial Management by
Reid Click and Josh Coval, ISBN 0-13-020457-9,
Prentice Hall, 2002
BASIS
FOR FINAL GRADE: Midterm, Class Participation, Case Grades, and Final Case.
ABSTRACT
OF COURSE'S CONTENT AND OBJECTIVES:
This course addresses issues relating to
valuation, risk management, financing and contractual design for firms operating in international markets. It has a significant exposure to emerging
markets as well. We analyze how risk and cash-flows should be evaluated in
environments with varying levels of risk such as currency fluctuation,
sovereign default, weak property rights etc. We discuss how certain types of
risk can be eliminated or managed through the appropriate design of financial
contracts, and how institutional differences across countries shape the structure
and efficacy of private equity contracts. Other topics covered include firm
policy and international tax regimes, microfinance, and valuing social return.
The course ends with a discussion on the impact of global financial crises on
firm financial policy.
BIOGRAPHICAL
SKETCH:
Atif
Mian holds a bachelors degree in Mathematics and Ph.D. in Economics from MIT.
He has previously taught at the University of Chicago, Booth School of
Business. His research studies links between financial markets and the macro
economy. Professor Mian's work has emphasized the
role played by political, governance, and organizational constraints in shaping
the effectiveness and scope of financial markets. His more recent work centers
on understanding issues such as the origins of the global financial crisis, the
political economy of government intervention in financial markets, and the link
between asset prices, household borrowing, and consumption. Professor Mian's research has appeared in top Economics and Finance
journals, including American Economic
Review, Quarterly Journal of
Economics, Journal of Finance, Review of Financial Studies and Journal of Financial Economics.
Professor Mian’s work has been profiled by leading
media outlets such The Economist and The Wall Street Journal.