Learning outcomes of the curricular unit (knowledge, skills and competences to be developed by the students)
- Position treasury within the company's financial management - Identify the cash balance - Make forecasts and treasury budgets - Control budget and variance analysis - Know financial products for international transactions - Identify the risks in international markets and the instruments to hedge these risks
Syllabus
1. MEANS OF PAYMENT IN INTERNATIONAL TRADE 1.1 Operations based on simple transactions (incoterms) 1.2 Operations based on documentary transactions 2. INTERNATIONAL TRADE FINANCING OPERATIONS AND TECHNIQUES 2.1 Bankers' acceptances and discounts 2.2 Factoring 2.3 International financial leasing 3. OFFICIAL SOURCES OF EXPORT FINANCE - CREDIT INSURANCE 3.2 Export and Investment Credit Insurance 3.3 Government and EU instruments to support internationalization and international trade 4. MANAGEMENT OF CURRENT ASSETS 4.1 International cash management (cash flows, planning, budgets) 4.2 Credit and inventory management 5. EXTERNAL FINANCING 5.1 Main types of financing and their purposes 5.3 Credit instruments in the Euromarkets
Demonstration of the syllabus coherence with the curricular unit's learning objectives
Position treasury within the company's financial management
- Identify the cash balance; - Making cash forecasts and budgets; - Controlling the budget and analyzing deviations - Knowing financial products for international transactions - Identify the risks in international markets and the instruments for hedging these risks
Teaching methodologies (including evaluation)
In this curricular unit, the subjects are introduced in an expository manner, and the knowledge and skills are learned through practical exercises.
1) The method of assessing knowledge is continuous assessment:
Test 55%
Group work 35%
Class participation 10%
2. Students who obtain a mark of not less than 10 (ten) in the continuous assessment will be exempt from the exam. All assessments must have a mark equal to or higher than 7 (seven).
3. There will be no oral exams in this curricular unit, so only students who obtain a mark of 10 (ten) or more in the continuous assessment will pass.
Demonstration of the coherence between the teaching methodologies and the learning outcomes
The emphasis on participatory learning techniques allow students to apply the theoretical concepts exposed in the course of lessons. The analysis and discussion of real cases and examples help students to assimilate / consolidate these concepts and methodologies and to address and interpret (diagnose) the performance and the economic and financial situation of the companies.
Bibliography (Mandatory resources)
Batista, A.(2004), A Gestão do Crédito como Vantagem Competitiva, 3ª Ed, Vida Economica Berthier, J.(1992), Les Risques Financiers de l¿Entreprise, Editions Liaisons Conso, P. e Lavaud, R.(1996), Fundo de Maneiro e Politica Financeira, Lyon Edições Leitão,J., Morais,J. e Resende, M.(1996), Produtos Bancários e Financeiros, Publicações Europa America
