Code: IBA2LA008 (IBA8LG008 for master students)
Extent: 3 ECTS (81 h)
Language: English
Level: specialization studies
Type: compulsory (elective for master students)

Starting level and linkage with other courses

The course is a part of the International Business Acumen (IBA) studies.

Learning outcomes

Upon successful completion of the course the student will understand the transaction process of international business from requests for quotation to money transfers and follow-up. S/he will know the risks of international business and how to develop a good cooperation with representatives.

Contents

• Delivery process and documentation
• Terms of  delivery
• Terms of payment
• Management of currency and exchange risks
• Security for international transactions
• Guarantees  and export credit guarantees
• Risk assessment and insurances

Teaching and learning methods

Contact hours 24 h
Independent studies 57 h

Teacher(s) responsible

Aarni Jaranka

Course materials

Provided and announced by the teacher.

Assessment criteria

Exam 50%
Assignments 50%