Course Objectives:
This course will enable the students to-
The objective of this course is to acquaint students with the theory of Foreign exchange market and transactions.
Course Outcomes (COs):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
---|---|---|---|---|
Paper Code |
Paper Title |
|||
ABF 202 |
Advance International Finance |
CO 71 Acquire knowledge about Foreign Exchange Market with a deep understanding of terminologies used in this sphere. CO 72 Comprehend the use of different theories of exchange rate mechanism. CO 73 Understand the pivotal role of Exchange control and Balance of payments in Forex. CO 74 Absorb knowledge pertaining to Global banking and investment. CO 75 Understand the channels of international funds and trade governing bodies.
|
Approach in teaching: Classroom Lectures, Discussion, PPT, Sharing web links, Videos .
Learning activities for the students: Self learning assignments, Role plays, presentation, case study, Group, discussions. |
Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects |
Foreign Exchange Markets: Functions, Participants,Spot rate, Forward rate , Future , Option and Arbitrage . Factors influencing exchange rates. Fixed and Flexible Exchange Rates. Causes of fluctuations in Exchange rates.
Exchange Rate Determination-Demand for foreign exchange, Supply of Foreign Exchange, Theories of Foreign Exchange Rate-Mint Parity theory-PPP theory and Balance of Payment theory.
Exchange Control- Meaning, Features, Objectives, Methods, Merits & Demerits, Exchange control in India.
Balance of payment: Meaning, Components, BOP v/s BOT, Disequilibrium in BOP, Rectification of disequilibrium.
International Banking: Meaning, Features, Types of International Banking Offices, Offshore Banking & NBFCs
International Investment: Meaning, Types of foreign private investment, Significance of foreign Investment, Cross Border Mergers and Acquisitions
Foreign Aid to India- Role, Impact of Foreign aid on India’s Economic development and Problems of Foreign Aid.
WTO- Introduction, Objectives, Functions and India & WTO.
• Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.
• S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
• Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, new Delhi
• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi
• Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.
• Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
• Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
• Sodersten B, “International Economics”, Macmillan, London.
• Dominick, “ International Economics”, Macmillan Publication Company, New York.
• Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai
• Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain Agarwal Educational Publisher, Arga.
• Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
• Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
• Sodersten B, “International Economics”, Macmillan, London.
• Dominick, “ International Economics”, Macmillan Publication Company, New York.
• Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai
• Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain Agarwal Educational Publisher, Arga.