A large proportion of world trade relies on financial instruments, hence the role of trade finance in international trade is important. LOG323 Trade Finance provides an in-depth knowledge and understanding of the basic principles of finance and helps foster understanding of the relationship between finance and international trade. In addition, students will be introduced to a comprehensive coverage of tools and techniques for effective handling of financial instruments and their applications. Students will be exposed to the practical and theoretical aspects of trade finance such that they are able to manage risks, reduce risk exposure and prevent fraud as well as understand the difficulties regarding policymaking in this area. At the end of the course, students would be aware of the potential impact of different policies and able to conduct adequate planning related to the financial aspects of international trade.
Credit Units: 5
Presentation Pattern: Every July