International finance, sometimes called international macroeconomics, is the study of monetary exchanges between two or more countries. The discipline focuses largely on currency exchange rates and foreign direct investment. If you have a curiosity about how money is invested in other countries or the growth of economies in other parts of the world, then a career in international finance might be right for you.
In this article, we will explore the areas of study, functions, importance and future of international finance, and take a glimpse at some of the institutions that are major players and policy makers in this field.
1Normal schedule does not include breaks and assumes 2 semesters of year-round, full-time enrollment in 12-19 credit hours a semester per 12 month period. Accelerated schedule does not include breaks and assumes 3 semesters of year-round, full-time enrollment in 12-19 credit hours a semester per 12 month period.
2Normal time assumes completion of 3 semesters per year, enrollment in an average of 6 credit hours per semester and continuous, year-round enrollment with no breaks. Accelerated time to complete requires at least 9 credit hours of Prior Learning Credit. Per 12-month period, assumes completion of 3 semesters, enrollment in an average of 10 credit hours per semester and continuous, full-time year-round enrollment with no breaks. Does not apply to MBA with Specialization. Time to complete and details vary by specialization See the Keller Academic Catalog for complete program details.
3DeVry University is accredited by The Higher Learning Commission (HLC), www.hlcommission.org. The University’s Keller Graduate School of Management is included in this accreditation.
FAQs
Please refer to the current academic catalog for details. February 19, 2024. 5 min read. International finance, sometimes called international macroeconomics, is the study of monetary exchanges between two or more countries. The discipline focuses largely on currency exchange rates and foreign direct investment.
What is an international finance degree? ›
Bachelor of International Finance
International Finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international trade. It also studies international projects, international investments and capital flows, and trade deficits.
What does the international finance do? ›
International finance deals with the economic interactions between multiple countries, rather than narrowly focusing on individual markets. International finance research is conducted by large institutions such as the International Finance Corp.
What is the difference between finance and international finance? ›
International finance is different from domestic finance in many aspects and first and the most significant of them is foreign currency exposure. There are other aspects such as the different political, cultural, legal, economical, and taxation environment.
What is an example of international finance? ›
Examples of international finance include regional currencies, such as the Euro, or foreign direct investment, which is the investment by a company in another country.
Is international finance a good degree? ›
The Bachelor of International Management with a specialization in International Finance is designed for students who are keen to start a career in a wide variety of finance-related careers, including investment banking, hedge fund management, stock markets, banking, and portfolio management.
What are the benefits of international finance? ›
Benefits of International Finance
- Access to new markets: By participating in international finance, companies and countries can gain access to new markets.
- Diversification: International finance can help to diversify a company's or country's portfolio of assets.
The main risks that are associated with businesses engaging in international finance include foreign exchange risk and political risk. These challenges may sometimes make it difficult for companies to maintain constant and reliable revenue.
What is a key goal of international finance? ›
Establishing a regular and an adequate supply of funds. Establishing a safe and secure investments. To have a solid plan for the utilization of the capital. The utilization of the funds should be optimum.
What is so important with international finance? ›
International finance is important to determine the exchange rates of the country. This branch of finance also helps to understand the economic condition of the other country since monetary transactions are prevalent across borders.
Economic growth
International finance and its cross-border flows create a globalization that stimulates the economies of both of the trading partners' countries, with a somewhat more beneficial effect to the smaller, or developing country's economy.
What is concerned with international finance? ›
International finance is concerned with international financial management such as; exchange rates, monetary systems, foreign direct investment.
What are the motivations for international finance? ›
Global Economic Conditions –
International Finance covers major aspects of global economies and their prevailing conditions. It also allows to study, analyse and ascertain the economic conditions of various countries which in turn provide relevant perspectives on the dynamics of each economy.
What is international financial position? ›
The international investment position, compiled at the end of a specific period such as. year-end, is the balance sheet of the stock of external financial assets and liabilities.
What is considered an international financial institution? ›
International Financial Institutions (IFIs), also known as Multilateral Development Banks (MDBs), offer grants, guarantees, credits and low-cost loans to Borrowing Member Countries (BMCs) to achieve development goals.
What is an example of an international financial institution? ›
The best-known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system. They include the World Bank, the IMF, and the International Finance Corporation.
Can you work internationally with a finance degree? ›
Getting a degree in finance can open up opportunities to work abroad, as many multinational companies want financial experts who can manage their finances across borders. Additionally, you may use your knowledge of global financial regulations to advise companies on international investments.
What does an international degree mean? ›
A degree in international studies encompasses politics, economics, communications, art, religion, and even literature. It incorporates foreign languages, policies, and governments, and considers the architecture, legislation, beliefs, healthcare, and business practices of different nations.
