This course is to provide students with a working knowledge of the international financial system and a conceptual framework within which the key financial decisions of a multinational firm can be analyzed. It provides a framework for decision-making in evaluating the opportunities, costs, and risks of multinational operations in a manner that allows students to see beyond the algebra and terminology to the general principles. Specific subject areas include the international environment, corporate strategy, foreign exchange markets, theories of foreign exchange determination, measurement and management of foreign exchange risks, global financing strategies, and investment and risk management decisions. PREREQ: COMM 2027 or 2025. (cst 3) cr 3. Students cannot retain credit for both COMM 4256 and FNCE 4027.