Business Degree Program in China - International Finance

1. Introduction

International Finance is the turnover and movement of the monetary fund, which is caused by the economic, political and cultural links between countries and regions, which is a branch of finance. Finance can be divided into international finance and domestic finance. International finance is composed of international balance of payments, international exchange, international settlement, international credit, international investment and international monetary system. They interact and restrict each other. For example, international balance of payments will inevitably produce international exchange and international settlement, the currency exchange rate in international exchange has a significant impact on the international balance of payments; many important projects of international balance of payments are directly related with international credit and investment and so on.

International finance and a country's domestic finance not only have a close relationship, but also have a great difference. Domestic finance is mainly affected by the constraints of a country's financial laws, regulations and rules and regulations, and international finance by constraints of various countries differ from each other in the laws, regulations and international conventions and by all countries through consultation to formulate the treaties or agreements. Because of the different historical, social system and economic development level, they have great differences in the policy of foreign economic and financial field.

2. Program Structure

International finance can be divided into two parts as a discipline: international finance (theory, system and Policy) and international financial practice.

International financial theory includes: international payments, foreign exchange, foreign exchange management, international reserves, international financial market, international capital flows, international monetary system, area of monetary integration and the coordination of international financial and global international financial institutions.

International financial practices include: foreign exchange transactions (including international derivatives transactions), international settlement, international credit, international securities investment and international banking business and management, etc.

3. International Balance of Payments

International balance of payments refers to the trade of goods, debts, and income between a country and other countries, and the changes in the creditor's rights and obligations. International balance of payments is generally calculated in one year, six months or one quarter. A country's balance of payments not only reflects its international economic relations, but also reflects its economic structure and level of economic development.

4. International Exchange

International exchange is the sum of foreign exchange rate, foreign exchange market, foreign exchange control and other arrangements and activities arising out of the international payment.

5. International Settlement

International settlement refers to the trading behavior of conducting international currency balance allocation for settlement between the two parties in different countries. It mainly includes the payment method, the payment condition and the settlement method and so on.

International settlement methods mainly include remittance letter of credit and collection. According to the import and export business, remittances are divided into foreign inward remittance and foreign outward remittance; letters of credit are divided into export credit and import credit; collections are divided into the export collection and import collection.

The way of international settlement generate spontaneously in the economic exchanges between various countries, remittances, collections, letters of credit and other major international settlement are the products of history.

6. International Credit

International credit is the lending behavior of international monetary fund. International credit mainly include: international trade credit, government credit, international financial institution loans, bank credit, issue bonds, compensation trade, lease credit, etc.

7. International Investment

State and private investment to foreign countries, in general, is an international investment in the world. International investment is the movement of money capital from one country to another, in order to gain more profit.

8. Monetary System

Monetary system is the international system on the used money and the exchange rate arrangements between countries that forms spontaneously or by negotiation formation. This is an important part of the international financial field.

9. Training Objectives

Cultivate senior specialized talents who can be engaged in the banking system, non bank financial institutions, companies for international financial business, international business and teaching and research work. Graduates grasp the basic theory of economics; master the basic theory of foreign exchange, foreign investment, international settlement Financial International, modern bank management, and about trust and investment and financing of basic knowledge and basic skills; familiar with relevant international financial laws, guidelines and policies.

10. Training Requirements

Train open-minded, application-oriented composite financial talents with the knowledge of international finance field of advanced concepts, professional knowledge and skills in business, is not only familiar with financial industry development process and direction, but also understand the status of financial industry in developed countries, like European countries and the United States, with international standards.

11. Knowledge and Skills

International financial management and practical operational skills

12. Main Courses

Higher mathematics, linear algebra, probability and statistics, western economics, finance, international economics, money and banking, financial markets and institutions, financial accounting, management accounting, international commercial basis, the international financial market, international trade practice, international financial management, international settlement, foreign exchange bank accounting, introduction to insurance, investment project evaluation, correspondence, management information system, contract law, commercial law, tax planning, insurance, financial statements, investment analysis and management, management, marketing, etc.

13. Employment Prospects

International and domestic banks, securities, insurance, funds, futures, trust and investment institutions, accounting firms, appraiser offices, tax affairs office and other professional services, financial and investment department at various commercial and industrial organizations and government administrative departments.