Course Descriptions for IBUS 2339

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IBUS 2339   International Banking and Trade Finance (3)
This is a WECM Course Number.
Prerequisite: None.
International monetary system, financial markets, flow of capital, foreign exchange, and financial institutions. Includes risk analysis, export-import payments and financing, the preparation of letters of credit, related shipping documentation, electronic fund remittance, and foreign investment financing. Analyze foreign investment and financial environments for countries or regions, prepare letters of credit, resolve problems regarding working capital and foreign exchange, and evaluate trade financing through the SBA, USDOC Export Assistance Centers, and the Export-Import Bank. (3 Lec.)

Academic Courses
Designated by the Texas Higher Education Coordinating Board for transfer among community colleges and state public four year colleges and universities as freshman and sophomore general education courses.

WECM Courses
Designated by the Texas Higher Education Coordinating Board as workforce education (technical) courses offered for credit and CEUs (Continuing Education Units). While these courses are designed to transfer among state community colleges, they are not designed to automatically transfer to public four year colleges and universities.