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Front Page > Current Education > International Business (IB) > 2022 > Year 3 > Financing in Foreign Trade (TIS1703)

Financing in Foreign Trade

Structure Type: Study unit
Code: TIS1703
Curriculum: IB 2022
Level: Bachelor of Business Administration
Year of Study: 3 (2024-2025)
Semester: Autumn
Credits: 5 cr
Responsible Teacher: Myllylä, Teemu
Language of Instruction: English

Courses During the Academic Year 2024-2025

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3007IB2022-3A, IB2022-3B, IB2024AutumnEX2024-08-19 – 2024-12-15Daniel SahebiEnglish2024-07-30 – 2024-09-03

Taking the course in advance? See the courses during the academic year 2023-2024.

Learning Outcomes

The student is aware of the possibilities of international financing and understands how to use financing in trade transactions. The student knows the financing guarantees and the service of guarantee offices and is aware of financing possibilities offered nationally and internationally.

Student's Workload

Total work load of the course: 135 h
-of which scheduled studies 65 h
-of which autonomous studies: 70 h
The assessment of student's own learning 1 h is included in contact lessons.
Additional: Peer Evaluation

Prerequisites / Recommended Optional Courses

Financing and Risk Management

Contents

Principal players
Documentary credits
Guarantees
Financing International trade
Sources of Domestic, EU and international financing

Regional Impact

Visiting lacturers & Possible company visits

Internationality

The course focuses on financing within foreign trade transactions which is international in nature

Recommended or Required Reading and Other Learning Resources/Tools

Bishop Eric(2004 or the latest ed.): Finance of International Trade.
International Financing in Internatonal Financing Review (the latest publication on online information (web pages).

Mode of Delivery / Planned Learning Activities and Teaching Methods

Lectures held by both the students (project assignment) and the teacher, visiting lecturers
Learning Diary

Assessment Criteria

5: The student can consistently use, report and discuss the theories of financing and sources of funding and guarantees in both national- and international financing. In assignments, the student can apply the learnt issues in practice. The student recognizes the development needs in the field by providing excellent insights into connection between theory and practice. The student takes initiative, acts ethically and shows cultural understanding in different situations.

3: The student can utilize theories of financing and sources of funding and guarantees in both national- and international financing. The student can use the theories in doing assignments in international financing. The student has ability to assess the correctness and reliability of the information. The student can act ethically and communicate professionally

1: The student is familiar with theories of financing and sources of funding and guarantees in both national- and international financing. The student has ability to retrieve information from various sources and has an understanding of the significance of the correctness and reliability of the information. The student can act ethically and communicate professionally.

Assessment Methods

Course assignment (70 %) Diary and tasks (30 %) Numerical 0-5
You can increase your grade by being active during the sessions


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