GLOBAL CAPITAL MARKET

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

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to

 

CO155 Develop the basic insights of   global capital market and euro currency market.

CO156 Appraise the knowledge regarding the international equity market and multiple listing.

CO157 Develop knowledge regarding global bond market and understanding about different bonds.

CO158 Evaluate the effect of globalization on global capital market and the cross border investments.

CO159 Inculcate the knowledge regarding the various risk and barriers in the global capital market and their effect on them

Class lectures

Seminars

Tutorials

Group discussions and Workshops

Question preparation

 

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 
Overview of Global Capital Market

• Meaning, sources of funds,
• Euro currency market

9.00
Unit II: 
International equity markets

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

9.00
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.

References: 

• Global Portfolio Management for Institutional Investors, Jeff Madura, Greenwood Press, 1996.
• Global Asset Allocation, Robert Klein and Jess Lederman, John Wiley & Sons, 1994.
• Global Marketing,Hollensen,Svend
• Global Marketing,Keegan,Warren J

E-RESOURCES:
• Global Business Review, http:// sagepub.com Harvard Business Review, www.hbr.org World E-book Library, , http://Community.WorldLibrary.In/?AffiliateKey=NDL-FL1773

JOURNALS:
• Journal of Global Communication, www.indianjournals.com
• International Financial Management,https://www.expresslibrary.mheducation.com/bookshelf

Academic Year: