To acquaint students with the role of international institutions and monetary system.
International Finance: Meaning – Scope of International Financial Management –Factors contributing to growth in International Finance–importance, methods of payment, letter of credit – Types, parties, procedure. Difference between Domestic & International finance
International Financial Market: Meaning and functions of Financial Market. Recent Changes in Global Financial Markets,
International financial instruments (Elementary Knowledge) – Euro notes, Euro commercial papers, Euro bond, ADR and GDR.
International Monetary System- Gold Standard, Gold Bullion Standard, Bretton Woods System, Post Bretton Wood agreements.
IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress and Criticism.
IFC & IDA, ADB- Objectives, Roles, Functions and Achievements.