Skip to content
Register Sign in Wishlist

International Financial Management

3rd Edition


  • Date Published: January 2018
  • availability: In stock
  • format: Hardback
  • isbn: 9781107111820

£ 76.99

Add to cart Add to wishlist

Other available formats:

Request inspection copy

Lecturers may request a copy of this title for inspection

Product filter button
About the Authors
  • This new and fully updated edition of International Financial Management blends theory, data analysis, examples and practical case situations to equip students and business leaders with the analytical tools they need to make informed financial decisions and manage the risks that businesses face in today's competitive global environment. Combining theory and practice, the authors offer the reader a multitude of real-world examples and case studies, emphasising fundamental concepts, principles and analytical theories to enable students to understand not only what to do when confronted with an international financial decision, but why that choice is the correct one. Features include: real data analysis - all fully updated for the third edition; extended cases illustrating practical application of theory; point-counterpoints offering insight into contentious issues; concept boxes that explore and illustrate key concepts; and end-of-chapter questions. Suitable for M.B.A and advanced undergraduate business students taking a course in international financial management or international finance.

    • All data and corresponding analyses have been updated for the third edition
    • Incorporates the latest academic research in international finance and international capital markets
    • Combines state-of-the-art academic theory and business practice with examples
    Read more

    Reviews & endorsements

    'This book covers the economics behind exchange rate movements and also provides well-thought-out examples of how to mitigate the risk of such movements. It is rigorous enough to challenge quantitative M.B.A.s yet also builds from core fundamentals such that first-time students of international finance can grasp the material. I have used this book for years in M.B.A. and Executive M.B.A. courses.' Karl V. Lins, Spencer Fox Eccles Endowed Chair in Banking and Professor of Finance, David Eccles School of Business, University of Utah

    'This new edition of International Financial Management is the perfect text for both undergraduate and graduate courses on the subject. Its pedagogical approach helps students appreciate the dynamic world of international finance where understanding tradeoffs in a complex environment is essential for decision-making. Pedagogically sound, academically rigorous, and intellectually engaging - this is a great book for challenging and enriching students.' Robin L. Lumsdaine, Crown Prince of Bahrain Chair of International Finance, Kogod School of Business, American University, Washington DC

    See more reviews

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity


    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?


    Product details

    • Edition: 3rd Edition
    • Date Published: January 2018
    • format: Hardback
    • isbn: 9781107111820
    • length: 1046 pages
    • dimensions: 261 x 208 x 47 mm
    • weight: 2.6kg
    • availability: In stock
  • Table of Contents

    1. Globalization and the multinational corporation
    Part I. Introduction to Foreign Exchange Markets and Risks:
    2. The foreign exchange market
    3. Forward markets and transaction exchange risk
    4. The balance of payments
    5. Exchange rate systems
    Part II. International Parity Conditions and Exchange Rate Determination:
    6. Interest rate parity
    7. Speculation and risk in the foreign exchange market
    8. Purchasing power parity and real exchange rates
    9. Measuring and managing real exchange risk
    10. Exchange rate determination and forecasting
    Part III. International Capital Markets:
    11. International debt financing
    12. International equity financing
    13. International capital market equilibrium
    14. Country and political risk
    Part IV. International Corporate Finance:
    15. International capital budgeting
    16. Additional topics in international capital budgeting
    17. Risk management and the foreign currency hedging decision
    Part V. Managing Ongoing Operations:
    18. Financing international trade
    19. Managing net working capital
    Part VI. Foreign Currency Derivatives:
    20. Foreign currency futures and options
    21. Interest rate and foreign currency swaps

  • Resources for

    International Financial Management

    Geert Bekaert, Robert Hodrick

    Find resources associated with this title

    Type Name Unlocked * Format Size

    Showing of

    Back to top

    This title is supported by one or more locked resources. Access to locked resources is granted exclusively by Cambridge University Press to lecturers whose faculty status has been verified. To gain access to locked resources, lecturers should sign in to or register for a Cambridge user account.

    Please use locked resources responsibly and exercise your professional discretion when choosing how you share these materials with your students. Other lecturers may wish to use locked resources for assessment purposes and their usefulness is undermined when the source files (for example, solution manuals or test banks) are shared online or via social networks.

    Supplementary resources are subject to copyright. Lecturers are permitted to view, print or download these resources for use in their teaching, but may not change them or use them for commercial gain.

    If you are having problems accessing these resources please contact

  • Authors

    Geert Bekaert, Columbia Business School
    Geert Bekaert teaches global investments and asset management at Columbia Business School. His research focuses on international finance, emerging markets, empirical asset pricing, and portfolio management, and has been supported by NSF grants. He has published over sixty articles in top academic journals such as the Journal of Finance, the Journal of Political Economy, the Journal of Financial Economics and the Review of Financial Studies, among others. He is Co-Managing Editor at the Journal of Banking and Finance, is a Research Associate at the National Bureau of Economic Research, consults for the European Central Bank and litigation support firms, and is associated with several FinTech ventures.

    Robert Hodrick, Columbia Business School
    Robert Hodrick teaches international capital markets and corporate finance for M.B.A.s and empirical asset pricing and econometrics for Ph.D.s at Columbia Business School. His research examines theoretical, empirical and econometric issues in asset pricing as related to equities, bonds and currencies and has been supported by NSF grants. He has published over forty articles in top academic journals such as the Journal of Finance, the Journal of Political Economy, the Journal of Financial Economics and the Review of Financial Studies, among others, and is a Research Associate of the National Bureau of Economics and has been a consultant to the IMF and San Francisco Federal Reserve Bank.

Sign In

Please sign in to access your account


Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner Please see the permission section of the catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.


Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

Please fill in the required fields in your feedback submission.