The aim of the International Financial Management I course is to provide a solid understanding of the functioning of the global financial system, exchange rate mechanisms, components of the balance of payments, and the structure of international financial markets. The course seeks to enhance analytical and strategic evaluation skills related to currency risk, financing sources, and investment decisions faced by firms in the external economic environment. It also offers practical knowledge on trade finance methods and the use of financial derivatives in risk management.

This course begins with the fundamentals of the international financial system and covers key concepts such as exchange rate regimes, the functioning of foreign exchange markets, and parity relationships. It emphasizes the structure of the balance of payments and the analysis of external deficits by examining the connection between current and financial accounts. The course also thoroughly explores international investment decisions, trade finance methods, and the use of derivative instruments for managing currency risk. Contemporary topics such as Euro markets and offshore financial centers are also included.