International Finance and Banking


About The Field

The International Finance and Banking field prepares students for careers such as treasurers, comptrollers, and chief financial officers (CFOs) of globally reaching manufacturing and trading corporations; investment bankers in financial services encompassing international banking, investment and insurance; and asset managers with institutional investors, hedge funds, private equity firms, and sovereign wealth funds. It is also appropriate for students looking to deepen their skills in quantitative financial analysis and knowledge of the global financial sector. The field deals with valuation concepts which are at the core of investment decisions, including new product launches, mergers and acquisitions, leveraged buy-outs, privatization, project finance, and private equity. Emphasis is placed on funding/financing within the multi-currency setting of global capital markets. Special attention is devoted to the challenge of managing credit, interest rate, and exchange risk in the context of financial engineering and asset securitization.


Below is a representative portrait of curricular requirements for this Field of Study. Core requirements are subject to periodic updates and modifications; current Fletcher students should refer to the Registrar's course bulletin and to Fletcher Connect for definitive requirements in a given academic year.

The four fields of study that are the International Business fields for the MIB degree include: International Finance and Banking; Strategic Management and International Consultancy; Marketing; and Public and NGO Management. Students in the MIB program must complete one of these four International Business Fields of Study along with one International Affairs (MALD/PhD) Field of Study. MIB students must complete a minimum of three course credits in a single field to fulfill the International Business Field of Study requirement. Modular courses (1/2 credit courses) must be matched up to make a full credit. Each field has one required course credit and two elective course credits. An asterisk (*) denotes the required course for the field. Through petition to the Committee on Student Academic Programs, MALD students may offer one of the MIB International Business Fields of Study. However, it should be noted that in doing so, they are ineligible to officially offer the International Business Relations Field toward their plan of study. Note: MIB students are not permitted to offer the International Business Relations Field to satisfy one of their field requirements.

Core Requirements for the Field
  • This field of study requires the completion of a minimum of three course credits from the lists below, including one required class and two electives.
  • Of the two electives, at least one full credit must come from Group I.
  • Modular (1/2 credit) courses must be matched up to make one-credit.
  • Required Course
    Group I
    Group II

    We encourage you to download our course catalog to get a better understanding of Fletcher, our curriculum, and our students.

    Current Students & Alumni

    Graduates of The Fletcher School's field of human security are in great demand by employers in the public, private and nonprofit sectors. These are a sample of Fletcher current students and alums:

    Paul Schulte Fletcher
    Gaurav Tiwari, The Fletcher School
    Yan Bai Fletcher
    Paul Schulte
    MALD 88
    Managing Director, SGI Ltd.,
    Senior Fellow, Council on
    Emerging Market Enterprises

       Read Paul's story

    Gaurav Tiwari
    MALD 12
    Officer, State Street Global

       Read Gaurav's story

    Yan Bai
    MIB 16
    International Finance and Banking, International Business and Economic Law

       Read Yan's story

    Outside the Classroom

    • The Changing Nature of International Capital Markets - Marshall Carter, Chairman, New York Stock Exchange
    • A Private Equity Primer for Emerging Markets: Trends, Challenges, & Questions - Roger Berry, Director, Climate Change Global Capital
    • Making Microfinance Prime: Lessons from the US - Vidar Jorgensen, President, Grameen America, Inc., and Piyush Tantia, Director, Oliver-Wyman
    • Structural Reform of the Japanese Banking Model - Kohei Ohgaki, General Manager of the Syndicated Finance Structuring Division, and Masahiro Kihara, Joint General Manager of the Loan Trading Division, Mizuho Bank
    • Mexico's Financial Reform - Dr. Francisco Gil-Diaz, Secretary of Finance under President Vicente Fox
    • IBGC Speaker Series: Rethinking International Finance:  New Perspectives on Reconciling the Bottom Line and Social Impact
    • From Financial Crisis to Financial Stability: Have the seeds of the next crisis been laid?
    • Bridgewater Associates: Where Are We in the Global Economy?
    • Global Investing: Practitioner's Lab with Masha Gordon
    • IBGC Speaker Series: Javier Diaz, VP, Colombia Stock Exchange
    • IBGC Speaker Series: Changing Lives & Empowering the Unbanked: How Technology Drives Solutions in Emerging Markets
    • BNP Paribas, New York, NY
    • Overseas Private Investment Corporation (OPIC) - Washington, DC
    • Government of Singapore Investment Corporation - Singapore
    • Citigroup Investment Research Division - New York, NY
    • Trans-National Research Corporation - Ramsey, NJ
    • Asian Development Bank - Manila, Philippines
    • US Department of Treasury - Washington, DC
    • Global Green Growth Institute - Seoul, Republic of Korea
    • Investors Collaborative - Cambridge, MA
    • "Privatizing Pyramids: A Case Study of the Sale of State-Owned Bank of Cairo"
    • “The New Frontier of Development: How Securitization and Risk Spreading in the Microfinance Industry Can Benefit Development and the Private Sector”
    • "Engaging Institutional Investors in Responsible Investing"
    • “The Exit Option as Indicator of Financial Development: An Examination of East Asia & Pacific Private Equity-Backed Exits”
    • “The Valuation and Financial Analysis of High-Growing Companies - Theory and Application”
    • "Impact of Corporate Governance Practices on Financial Performance of Microfinance Institutions in India"
    • "Funding Small Scale Social Innovation Ventures in India - A Case Study"
    • "Aligning Appetite with Risk: Attracting Retail Investors to Early Stage Impact Investing"
    • "NRI Investments in Indian Real Estate: Opportunities and Scope"
    • "The Evolution of Chinese Bond Market: Return and Risk Analysis"
    • "Sovereign Wealth Funds: Are these stabilization entities for the financial markets?"
    • "Water Out of Two Stones: An Analysis of the Zillow-Trulia Merger"
    • "Early Warning Signals and Policy Responses to the U.S. Financial Crisis 2007-09"
    • "Myanmar Microfinance Market Entry Assessment"
    • "The Foreign Corrupt Practices Act Impact on U.S. Investment Abroad"
    • "The Role of Derivatives in the Bankruptcy of Detroit"
    • "Development of Domestic Bond Markets: A Comparison of Select East Asian and Latin American Countries"
    • Fletcher Finance Club
    • Fletcher Net Impact
    • Fletcher Political Risk Group
    • International Business Club

    Learn From The Experts: Fletcher Faculty

    Laurent Jacque, Professor of International Finance & Banking at The Fletcher School"The International Finance and Banking curriculum is continuously updated to adapt to critical new issues and cutting-edge techniques in the finance and banking industries. Fletcher brings distinguished business leaders from Wall Street and Main Street to campus to share their unique business insights."

    Laurent Jacque, Walter B. Wriston Professor of International Finance & Banking, Academic Director of the Masters of International Business

    Other faculty with expertise in the field:

    Jeswald Salacuse Patrick Schena Joel Trachtman Phil Uhlmann
    Jeswald Salacuse Patrick Schena Joel Trachtman Phil Uhlmann
    Ibrahim Warde Lawrence A. Weiss, Professor of Accounting at Tufts Fletcher School Kim Wilson
    Ibrahim Warde Lawrence Weiss Kim Wilson