This document provides an overview of international financial management for multinational corporations (MNCs). It discusses the goal of MNCs to maximize shareholder wealth but also potential conflicts with managers pursuing subsidiary goals instead of corporate goals. It covers theories justifying international business like comparative advantage. Methods for conducting international business include exporting, licensing, franchising, joint ventures, acquisitions, and foreign direct investment (FDI) through new subsidiaries. MNCs face risks from foreign exchange rates, economies, and politics that financial managers must address.