INTERNATIONAL BUSINESS & FINANCE

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

Course Outcomes (Cos):

 

Course Outcome

Learning and teaching strategies

Assessment Strategies

Upon successful completion of this course, the student will be able to:

 

  1. Critically evaluate the role of globalization and outline the remedies for solving issues in international business
  2. Evaluate the international monetary system and exchange rate theories.
  3. Classify and contrast instruments of International financial market and exchange risk management
  4. Analyze the concept of balance of payment and elucidate the measures to control BOP
  5.  Examine the current status of International Business in India by Integrating the concept of International finance with the functioning of global trade
  6. Appraise the role and function of IMF , World Bank and WTO.

Interactive Lectures, Group Discussion, Tutorials, Reading assignments, Workshops and question preparation

 

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

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

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

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

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: 
  • 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

 

References: 

SUGGESTED READINGS

  • 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.
  • Mithani D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai

e- RESOURCES:

JOURNALS:

  • International Journal of Financial Management
  • Indian Journal of Finance
  • Journal of Banking, Information Technology and Management
  • World Affairs- The Journal of International Issues
  • Foreign Trade Review

 

 

Academic Year: 
2023-2024
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