International Business & Finance

Paper Code: 
FSG 322
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

The course will enable students to -

  1. Understand the concept of globalization of Indian business
  2.  Acquire knowledge about the International monetary system and exchange market
  3. Understand the role and functions of International Financial Institutions

Course Outcomes (Cos):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

FSG  322

International Business & Finance

CO 54.Comprehend functional and cognitive knowledge of global issues and also understand the concept of international monetary system.

CO 55.Acquire the knowledge of  various instruments of International financial market and exchange risk management

CO 56.Understand the concept of balance of payment and  elucidate the measures to control BOP

CO 57.Integrate the concept of International finance with the functioning of global trade and examine the current status of International Business in India.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Team teaching

 

Learning activities for the students:

Field activities, Presentation, Giving tasks

Class test, Semester end examinations, Quiz, Solving Numerical problems in tutorials, Assignments, Class Presentation

 

18.00

Globalization of Indian Business: India – An Emerging Market, India in Global Trade, Liberalization and Integration with the Global Economy, Obstacles to Globalization, factors favouring globalization.
International Business: Distinguishing features of International Business. Needs, Importance and disadvantage. Problems and remedies of International Business.

18.00
Unit II: 
-

International Monetary System: The Bretton Woods System and emergence of managed floating, EMS, ECU and Euro, Foreign Exchange Market: Distinctive features and major participants. Determination of exchange rates(Purchasing Power Parity Theory & Balance of Payment Theory), Exchange control, Exchange rate classifications.

18.00
Unit III: 
-

International Financial Market- meaning and functions, Instruments (Euro Notes, Euro Commercial Papers, Medium of notes, Floating Rate Notes Euro Bonds, GDRs, ADRs,Repo)
Exchange Risk Management:- Introduction, Types of Risk, Risk in Foreign Exchange, Study of FEMA, Role of RBI .

18.00
Unit IV: 
The Balance of Payments:

The Balance of Payments: Introduction, Balance of Payment Accounts Of India, Components of BOP, Balance of Payment Vs. Balance of Trade (BOT), Disequilibrium of BOP, Measures to control BOP.

18.00
Unit V: 
World Bank and World Trade Organisation

IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress and Criticism
World Trade Organization :Introduction TRIMs, TRIPs, IPRs, Patents, WTO and India and its evaluation

Essential Readings: 

1. Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.
2. S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
3. Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, new Delhi
4. Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi
5. Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.

References: 

1. Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
2. Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
3. Sodersten B, “International Economics”, Macmillan, London.
4. Dominick, “ International Economics”, Macmillan Publication Company, New York.
5. Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai

Academic Year: 
2020-2021
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