Financing in Foreign Trade
| Structure Type: | Study unit |
|---|---|
| Code: | TIS1703 |
| Type: | Compulsory |
| Curriculum: | IB 2017 / 2018 / 2019 / 2020 / 2021 / 2022 / 2023 / 2024 |
| Level: | Bachelor of Business Administration |
| Year of Study: | 3 (2019-2020 / 2020-2021 / 2021-2022 / 2022-2023 / 2023-2024 / 2024-2025 / 2025-2026 / 2026-2027) |
| Credits: | 5 cr |
| Responsible Teacher: | Myllylä, Teemu |
| Language of Instruction: | English |
Courses
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 1 | T-IB-3-1, T-IB-3-2 | 2019-09-02 – 2019-12-22 | Kodjovi Lotchi | English | 2019-08-19 – 2019-09-09 |
| 3001 | IB2018-3A, IB2018-3B | 2020-08-24 – 2020-12-20 | Teemu Myllylä | English | 2020-08-17 – 2020-09-11 |
| 3003 | IB2019-3A, IB2019-3B | 2021-08-23 – 2021-12-19 | Teemu Myllylä | English | 2021-08-01 – 2021-09-06 |
| 3004 | IB2020-3A, IB2020-3B | 2022-08-22 – 2022-12-18 | Teemu Myllylä | English | 2022-08-01 – 2022-09-06 |
| 3006 | IB2021-3A, IB2021-3B | 2023-08-21 – 2023-12-17 | Daniel Sahebi | English | 2023-08-01 – 2023-09-06 |
| 3007 | IB2022-3A, IB2022-3B, IB2024AutumnEX | 2024-08-19 – 2024-12-15 | Daniel Sahebi | English | 2024-08-01 – 2024-09-06 |
The descriptions shown below are for the academic year: 2024-2025
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