INTERNATIONAL FINANCE

Paper Code: 
ABF 102
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes

Learning and teaching strategies

Assessment Strategies

 
 

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

 

CO 32 Acquire knowledge about the world of International Finance along with a thorough understanding of dealings in between exporters and importers.

 

CO 33 Build ability to comprehend all the terminologies related to working of international monetary system and Global Financial Market.

CO 34 Obtain knowledge of some global prominent institutional players and their significance in world monetary arrangement.

 

 CO 35  Get an understanding of a prominent institute to lift up the world from financial aspects.

 

CO 36 To acquire and make use of knowledge pertaining to global banking and investment.

Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation.    

 

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

 

 

9.00

International Finance:
• Meaning and Scope of International Finance.
• Methods of payment- Payment in advance, open account, Documentary collection, letter of credit, Credit cards, counter-trade Letter of credit-types, parties and procedure

9.00

: International Financial Market
• Meaning and Functions of Financial Market.
• Elementary Knowledge of International financial instruments– Euro notes, Euro commercial papers, Euro bond, ADR and GDR
International Monetary System-
• Gold Standard, Bretton Woods System, Breakdown of Bretton Woods System

9.00

World Bank –
• Origin, Organization, Progress and Criticism.
The World Bank Group
• International Development Association(IDA)
• International Finance Corporation (IFC)
• Multinational Investment Guarantee Agency(MIGA) and
• International Centre for Settlement of Investment Disputes (ICSID)- Organization and Functions

9.00

: International Monetary Fund (IMF) –
• Origin, Objectives, Progress and Criticism. Role of IMF in increasing World Liquidity, Basic concept of SDRs.
• The European Monetary System-origin and working.
• Euro dollar market- origin and growth, Features.

9.00

Asian Development Bank (ADB) –
• Objectives, Organization and Functions
International Banking:
• Meaning, Features, Types of International Banking Offices and Offshore Banking.

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:
https://www.indiabudget.gov.in/economicsurvey/ (Economic survey, various issues)
https://rbi.org.in/Scripts/AnnualPublications.aspx?head=Report%20on%20Cu... (RBI Report on Currency & Finance, various issues)
• Websites: https://www.rbi.org.in/ (RBI), https://www.imf.org/en/Home (IMF), https://www.worldbank.org/en/home (WORLD BANK), https://www.wto.org/ (WTO)
https://www.wto.org/english/res_e/reser_e/annual_report_e.htm (WTO Annual report, various reports)

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: