Coming soon
International Business & Finance
Course Objectives: The course will enable the students to-
- Understand the concept of globalization of Indian business
- Acquire knowledge about the International monetary system and exchange market
- Understand the role and functions of International Financial Institutions
Course Outcomes (COs):
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Paper Code |
Paper Title |
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FSG 322 |
International Business & Finance |
The students will be able to – CO 54.Comprehend functional and cognitive knowledge of global issues and also understand the concept of international monetary system. CO55.Acquire the knowledge of various instruments of International financial market and exchange risk management CO56.Understand the concept of balance of payment and elucidate the measures to control BOP CO57.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 |
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.
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.
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 .
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.
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
• 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
