International Finance
International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.
Sometimes referred to as multinational finance, international finance is additionally concerned with matters of international financial management. Investors and multinational corporations must assess and manage international risks such as political risk and foreign exchange risk, including transaction exposure, economic exposure, and translation exposure.
Some examples of key concepts within international finance are the Mundell–Fleming model, the optimum currency area theory, purchasing power parity, interest rate parity, and the international Fisher effect. Whereas the study of international trade makes use of mostly microeconomic concepts, international finance research investigates predominantly macroeconomic concepts.
The three major components setting international finance apart from its purely domestic counterpart are as follows:
These major dimensions of international finance largely stem from the fact that sovereign nations have the right and power to issue currencies, formulate their own economic policies, impose taxes, and regulate movement of people, goods, and capital across their borders.
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Matching International Finance Colleges
University of Denver
Four or more years; Private not for profit; $53,640 average out-state tuition; $53,640 average in-state tuition |
Texas Christian University
Four or more years; Private not for profit; $51,570 average out-state tuition; $51,570 average in-state tuition |
Inter American University of Puerto Rico-Ponce
Four or more years; Private not for profit; $4,560 average out-state tuition; $4,560 average in-state tuition |
National University
Four or more years; Private not for profit; $13,320 average out-state tuition; $13,320 average in-state tuition |
University of Bridgeport
Four or more years; Private not for profit; $32,860 average out-state tuition; $32,860 average in-state tuition |
The Catholic University of America
Four or more years; Private not for profit; $51,040 average out-state tuition; $51,040 average in-state tuition |
Saint Ambrose University
Four or more years; Private not for profit; $33,290 average out-state tuition; $33,290 average in-state tuition |
Scholarships for International Finance Majors
Goldman Sachs MBA FellowshipGoldman Sachs and Co. |
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award Up to $75,000 |
deadline Varies |
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Siebel Scholars ProgramSiebel Scholars Foundation |
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award $35,000 |
deadline Varies |
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Malpass Scholars ProgramUniversity of Notre Dame |
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award $30,000 |
deadline January 01, 2025 |
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Jesse Jackson Fellows - Toyota ScholarshipPUSH Excel |
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award Up to $25,000 |
deadline May 31, 2024 |
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Besio Family ScholarshipUniversity of Notre Dame |
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award $25,000 |
deadline January 01, 2025 |
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Huizenga Business Innovation Academy ScholarshipNova Southeastern University |
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award $20,000 |
deadline Varies |
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KMF Professional Excellence Scholarship ProgramKohlberg-Manacher Foundation |
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award $15,000 |
deadline June 01, 2024 |
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Women in Business - Miss America PageantMiss America Pageant |
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award Up to $10,000 |
deadline Varies |
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Christine and Clarence Day Business ScholarshipUniversity of Mississippi |
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award $10,000 |
deadline Varies |
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3M Business Development FellowshipUniversity of Minnesota, Carlson School of Management |
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award $10,000 |
deadline Varies |
International Finance Related Majors
- Business Administration, Management and Operations
- Business, Management, and Marketing
- Marketing
- Accounting and Business/Management
- Finance and Financial Management Services
- Accounting and Finance
- International Business
- Fashion Merchandising
- Human Resources Management and Services
- Entrepreneurial and Small Business Operations
- Business and Personal/Financial Services Marketing Operations
- Hospitality Administration/Management
- Real Estate
- Business
- Management Information Systems and Services
- Fashion Modeling
- Small Business Administration/Management
- Business/Managerial Economics
- Entrepreneurship/Entrepreneurial Studies
- Construction Management