Fin 627-DL: International Finance, Welcoming Remarks, Theologos Homer Bonitsis

This is an advance course in financial theory, so you must have the requisite academic background in finance and accounting and be fimiliar with basic macroeconomic theory. For the latter it would include knowledge of monetary theory and policy; for example, how a central bank conducts monetary policy, the quantity theory of money, etc. It will be beneficial to review your basic macroeconomic theory prior to taking this course, any basic economics textbook will suffice for this purpose. In addition, the website: http://www.federalreserveonline.org/ relates information on the structure of the U.S. central banking system.

There will be numerous homework assignments throughout the semester as well as a mid-term and final examination. All exams will be on campus, on a Saturday, as scheduled by the Office of CPE.

All the details of this course are on NJIT's WebCT server, registered students will have access to it when the Fall 2006 semester commences. Once you have registered for this course go to the web page: http://webct.njit.edu and click on to I am currently taking a credit course at NJIT. You will be asked to enter your UCID and password. Then click on to the Fin 627 course.

The textbook for this course semester is Multinational Financial Management, eighth edition, by Alan C. Shapiro (John Wiley & Sons, Inc., 2006), ISBN-10: 0471-73769-0. You may commence your knowledge of international finance by purchasing the book and begin reading the first several chapters.

When the semester begins you are to learn the webct software by going through the WebCT Tour and Help menus. You are to regularly log on to learn of the topic to study, review course content, obtain the homework assignment and to learn of the dates of the on campus lectures. This course will be taught on a theoretical and applied level, so expect extensive assignments.

Again, welcome to Fin 627-International Finance. Now let us begin ... log on to webct and click on to the syllabus icon on the course home page.

Welcome to this exciting learning experience into the world of international finance. For the Fall 2006 semester this course will be taught using hybrid, teaching methods. This implies that a significant part of the learning experience is done online, with roughly a forty to sixty percent split between a traditional lecture room setting and distance learning (DL). The latter will employ WebCT as the course interface. It is important to emphasize that distance learning requires an individual to be highly motivated and to take the initiative to do independent learning! By registering for this course you are such an individual. Kudos! The descriptive institutional part of the course will be done by DL and the quantitative part will be done by conventional classroom lectures. So it is possible that there is a period in which consecutive weekly classroom lectures occur, followed by a period of DL. The day of the week we will be meeting for the classroom lectures is scheduled for Friday evenings from 6:00 p.m.-9:05 p.m. The lectures will take place in the Leir Conference Room, it is located on the third floor at the School of Management. Please keep this day and time free throughout the semester.
		At the corner of Wall & Broad Streets in lower Manhattan.