Syllabus

EMERGING MARKETS FINANCE I

FIN 6575 Section 009H

Warrington College of Business Administration

University of Florida

Spring 2013

Brian C. Gendreau

(352) 846-0273

brian.gendreau@warrington.ufl.edu Website: marketstrat.weebly.com

Class meetings: MW 4:05-6:00 pm in HGS 340 for the seven weeks of Module 3

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This course provides an introduction to the essential elements of investing and finance in the emerging markets. The main perspective is that of an investment manager, but the course will also cover topics of interest to corporate treasurers. The objective of the course is to equip students with strong theoretical and practical knowledge about financial markets in developing countries.

Prerequisites:

This class requires that student have completed the core corporate finance sequence, FIN5437 and FIN5439, or International Finance FIN6638. The category of instruction is graduate/intermediate.

Course materials:

David F. DeRosa, Central Banking and Monetary Policy in Emerging-Market Nations, Research Foundation of CFA Institute, 2009.

The articles and cases are available in a course packet from Target Copy. Most of the articles are also available online through the UF business library at http://businesslibrary.uflib.ufl.edu.

The lectures will be in the form of PowerPoint presentations and will also be posted to the e-learning site.

Cases:

(1) Globalizing the Cost of Capital and Capital Budgeting at AES, Harvard Business School case 9-204-109, revised October 2006.

(2) Valuation of an Expropriated Company: The Case of YPF and Repsol in Argentina, IESE Business School, November 2012.

The cases, which should be done in teams, will each require a 3-5 page...