INTERNATIONAL FINANCE

Paper Code: 
DFTM 604 A
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

   Course Outcomes

Learning and teaching strategies

Assessment Strategies

CO71: To Understand the meaning and methods of export finance and will also be able to differentiate between pre-shipment and post-shipment finance 

CO72: To  Identify the factors affecting export payment and to understand the various methods of export payment

CO73: To Gain understanding about the meaning of import financing and various exchange regulation relating to import finance along with the role of Acceptance House and Discount House.

CO74: To  Understand the concepts related to Exchange Control & Foreign Exchange Transactions

CO75: To Acquaint themselves with various types of exchange rates classification.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Practical Cases, Power point presentation and Solving Questions.    

 

Learning activities for the students:

Self learning assignments, Effective questions, Seminar presentation, Giving tasks, Live practical problems analysis

 

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

 

12.00

Export Finance: Meaning, Methods, Procedures, Difference between Pre-shipment and Post shipment finance, Deferred Credit 

12.00

Export Payment terms:  Factors affecting export Payment, Methods of Payment-Payment in advance, Open account, consignment stock Payment, Letter of Credit-Types, Parties, Procedures, Documentary Bills-Documents against acceptance(D/A), Documents against Payments (D/P), Difference between (D/P) and (D/A).

12.00

Import Financing: Meaning, Procedure, Exchange regulations relating to Import Finance, Documentary Credit Rediscounting of Export Bills, Role of Acceptance House and Discount House.

12.00

Exchange Control &  Foreign Exchange Transactions: Meaning, Features, Objectives, Methods. Introduction, Exchange Rate Quotations, Methods of quotations.

 

12.00

Exchange Rate Classification: Spot and Forward Rates, Fixed Exchange Rates, Flexible Exchange Rates, , Exchange Rate Classification, Favorable and Unfavorable Exchange Rates , Arbritage 

Essential Readings: 
  • MJ Mathew,”RiskManagement and Insurance”, RBSA Publications,Jaipur.
  • Neelam C.Gulati,”Principles of Insurance Management”,Excel Books.

 

References: 

SUGGESTED READINGS:

  • Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi.
  • Karam Pal,B.S.Bodla,M.C.Garg,”Insurance Management:Principles & Practices,Deep& Deep Publications

E-RESOURCES:

  • Trade Finance Explained, An SME Guide for Importers and Exporters

https://www.tradefinanceglobal.com/wp-content/uploads/2020/10/SME-Trade-Finance-Guide-for-Importers-and-Exporters_TFG.pdf

JOURNALS:

  • International business review
  • Foreign Trade Review, http:// sagepub.com

 

Academic Year: