Overview

This module is designed for students who are either planning to work or are currently working in the international environment. It covers the principles and practices of international trade payments and finance. This includes the importance of international trade, the types of risks involved, including those arising from interest and exchange rate fluctuations, and the range of methods available to manage them. You will gain an understanding of the international legal and regulatory framework within which international trade has to be conducted. The emphasis for this module is on the practical, operational nature of this subject area.

Upon completion of this module you will be able to demonstrate your ability to apply technical knowledge to practical situations, specifically for customers trading internationally in a variety of different circumstances. This will include demonstrating an understanding of customer needs, the ability to compare and contrast the different products available to customers, and the ability to explain why a particular product or solution may be appropriate. You will also be able to explain the advantages and disadvantages of different options and solutions effectively and with authority in customer-facing situations.

Course details

Cost

The cost of each module depends on the study method you select:

Distance learning
£735.00

Flexible learning
£895.00

Next course start date

1 May 2012

Course duration

24 weeks (300 study hours)

Credits

This option module is worth 30 credits

Studying for this module

The course of study lasts 24 weeks and the overall study time for the module is 300 hours (approximately 12 hours per week), including assessment preparation time. You will be guided through your studies by the learning materials and supported by your associate lecturer.

Learning support

There are a number of study methods available, allowing you to select the approach that is best suited to your support needs. Choose from:

• Distance learning: a more flexible approach to studying, which allows you to fit your learning around your job and other commitments. You will be supported by an associate lecturer who can provide guidance on how to study and answer any questions you have about the course content.
• Flexible learning: allows you to fit your studies around your life but still benefit from face-to-face contact with a workshop tutor. A series of 3 1-day workshops, run by specialist tutors, are scheduled at regular intervals throughout the course of study. Workshops cover specific module topics and are an opportunity to ask questions and meet other students.

Learning resources

For each module you will receive a core text, written by industry experts and updated regularly to reflect the fast-changing nature of the financial services industry. ifs learning materials are developed specifically around each module syllabus and learning outcomes.

Through the ifs secure website you will have access to the following additional resources:

• a study guide that provides a week-by-week route through the syllabus, linking the textbook, additional readings, assignments and exam preparation, as well as suggesting further opportunities for research 
• student induction materials that provide guidance on study skills and tips on preparing for assessment
• our e-library, ifs KnowledgeBank, which contains a wide range of current research and management data to help you with your studies. It gives you the opportunity to access a wealth of study material, which includes textbooks, financial glossaries and articles from leading journals. ifs KnowledgeBank is an important tool in enabling you to expand your knowledge and read around particular subject areas 
• module discussion forums – you can use these to post questions to a web tutor, raise a query with the ifs or chat to other students
• electronic copies of learning materials, giving you greater flexibility to choose when and where you study
• specimen assessment material

Assessment

Comprises 2 assessment components: a 2-hour written examination and a summative assignment.

Further details

View the Finance of International Trade summary syllabus.

View the full-length Finance of International Trade module specification, which includes the syllabus.

If you are already registered for this module you should refer to your course website to view the module specification that relates to your session of study. You will need to log on to my ifslearning to access the course website for your module.

Click to view the coursework and examination sample assessments.

View other FHEQ Level 5 modules.