Global Capital Market

Paper Code: 
FMG 417
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

The objective of this course is to understand the methods of raising funds in international market, their risk and barriers.

 

Course Outcome (COs):

Course

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

FMG 417

Global Capital Market

CO149 Understanding the basic insights of global capital market and euro currency market.

CO150 Demonstrate the knowledge regarding the international equity market and multiple listing.

CO151 Develop knowledge regarding global bond market and understanding about different bonds.

CO152 Assessing the effect of globalization on global capital market and the cross border investments.

CO153 Inculcate the knowledge regarding the various risk and barriers in the global capital market and their effect on the them.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration

 

Learning activities for the students:

Self-learning assignments, Effective questions, Seminar presentation, Giving tasks

 

Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects, Observation, Presentation, Report writing

 

9.00
Unit I: 
Overview of Global Capital Market:

Meaning, sources of funds, Euro currency market ,.

10.00
Unit II: 
International equity markets:

Process of issue, Gains from international issue.. International equity trading-Multiple listing. Depository receipts- ADR,GDR,IDR

8.00
Unit III: 
Global Bond Market:-

: Domestic bonds, Euro bonds and foreign bonds. Participation in the global bond market. Procedure for issuing Euro bonds

9.00
Unit IV: 
Impact of globalization on the capital Market

: Growing international integration- types.
Cross-Border Investment Decision & Diversification: benefits from global investment. Types and issues in cross border investment decision; Green field investment vs. cross border M&As.

9.00
Unit V: 
Risk & barriers

: -Information barriers & other regulatory barriers. Foreign exchange risk, currency risk, political risk &market risk.

Essential Readings: 

• A History of the Global Stock Market: From Ancient Rome to Silicon Valley, B.M. Smith, University of Chicago Press, 2004.
• Inter Market Technical Analysis, John Murphy, John Wiley & Sons, 1991
• Global Portfolio Management for Institutional Investors, Jeff Madura, Greenwood Press, 1996.
• Global Asset Allocation, Robert Klein and Jess Lederman, John Wiley & Sons, 1994.

Academic Year: