International Financial Management,
2nd Edition

Jeff Madura, Ariful Hoque, Chandrasekhar Krishnamurti

ISBN-13: 9780170449014
Copyright 2022 | Published
List Price: USD $122.25

Equip yourself for success in international finance with the unrivalled depth of theory and practical applications presented in INTERNATIONAL FINANCIAL MANAGEMENT. This text introduces international finance with a focus on the important role of modern multinational corporations in global commerce. Using strong corporate and increased international banking perspectives, it discusses a wide range of managerial topics and emphasises the most recent changes in the international environment. Relevant examples, instructive diagrams, self-tests, and other learning features provide hands-on experience to help you develop the skills you need to effectively manage in contemporary practice.


1 Multinational financial management: an overview
2 International flow of funds
3 International financial markets
4 Exchange rate systems and central bank intervention
5 Exchange rate determination
6 Relationships among inflation, interest rates and exchange rates
7 International arbitrage and interest rate parity
8 Forecasting exchange rates
9 Currency derivatives
10 Currency and interest rate swaps
11 Measuring exposure to exchange rate fluctuations
12 Managing transaction exposure
13 Managing economic exposure and translation exposure
14 Foreign direct investment
15 Multinational capital budgeting
16 Country risk analysis and international corporate governance
17 International equity markets
18 International debt markets
19 International banking
20 Trade financing and facilitation

  • Jeff Madura

    Dr. Jeff Madura is Emeritus Professor of Finance at Florida Atlantic University. The recipient of multiple awards for excellence in teaching and research, Dr. Madura has written several successful finance textbooks. His research on financial markets and institutions has been published in numerous journals, including Journal of Financial and Quantitative Analysis; Journal of Money, Credit and Banking; Financial Management; Journal of Financial Research; and Financial Review. Dr. Madura has served as a consultant for commercial banks, securities firms, and numerous other financial institutions. In addition, he is a former director of the Eastern Finance Association and a former director and president of the Southern Finance Association.

  • Ariful Hoque

    Ariful joined the Murdoch Business School in February 2012. At present, he is Senior Lecturer of Finance and Associate Dean for Postgraduate Degrees. Previously he worked as Lecturer of Finance for University of South Australia and University of Southern Queensland (USQ) in the School of Commerce and Faculty of Business, respectively. Prior to USQ, he was Assistant Professor and Chair in Banking and Finance discipline at University of Dubai; an AACSB-accredited University. In November 2008, Curtin University of Technology conferred his Doctoral Award in Finance. His Bachelor’s degree is in Civil Engineering from the Bangladesh University of Engineering and Technology (BUET). He held different positions in the industry for thirteen years before commencing his academic career. He worked as Business Analyst/Programmer with quite a few well-reputed organisations, including St. George Bank (Australia) and Air New Zealand (New Zealand). He also served as Civil Engineer at several Multinational Construction Companies in Bangladesh.

  • Chandrasekhar Krishnamurti

    Dr Chandrasekhar Krishnamurti is the Professor of Finance at the University of South Australia and formerly Professor of Finance, Head of Finance Discipline and Director of Research at the University of Southern Queensland. He also serves on the board of the Asian Finance Association. His research interests include corporate governance, market microstructure and corporate finance. Chandra has won several awards for his research and has published the edited volumes on mergers and acquisitions, corporate restructuring, advanced corporate finance, and investment management. Chandra has consulted for industry and government and has organised and conducted executive courses in the areas of investment strategies, derivative products, and advanced corporate finance in India, Singapore and Australia. Chandra is former Head of the Finance Discipline & Director of Research, School of Commerce, at USQ.

  • NEW quantitative content including NEW real-life localised cases

  • NEW coverage of international banking perspective

  • NEW table of contents structure reduces the number of chapters to 20 for a more logical flow, while also consolidating content related to international banking and providing new content on trade financing and facilitation

  • Updated end-of-chapter questions

  • Case studies provide a local context to the key concepts within the text

  • Practice exams allow students the opportunity to test and consolidate their knowledge while also preparing them for their assessment

  • The international finance resource designed for both local students with a limited understanding of foreign multinational corporations and foreign students with a limited understanding of local multinational corporations

  • The international investing project at the end of chapter allows students to simulate investing in stocks of MNCs and requires them to assess how the values of these stocks change during the semester in response to international economic conditions

  • Online appendices available via the instructor website provide solutions to self-tests, additional case studies and other helpful resources

  • Instructor Website - Your #1 resource for your course. This tailored collection of teaching tools includes downloadable PowerPoint lecture slides, Instructor's Manual, and Test Bank with customisable questions for quizzes and assessments. Log in or request an account to access instructor resources at for Australia or for New Zealand.

  • Cognero Test Bank - A bank of questions has been developed in conjunction with the text for creating quizzes, tests and exams for your students. Create multiple test versions in an instant and deliver tests from your LMS, your classroom, or wherever you want using Cognero. Cognero test generator is a flexible online system that allows you to import, edit, and manipulate content from the text's test bank or elsewhere, including your own favourite test questions.

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Cengage Learning Testing powered by Cognero for Madura/Hoque/Krishnamurti's International Financial Management

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International Financial Management PowerPoint Slides

International Financial Management Solutions Manual

International Financial Management Test Bank