The objective of this course is to acquaint students with the theory of transactions in the Foreign exchange market and understand different channels and sources of international funds& trade governing bodies.
Course Outcome(COs):
Course
Learning Outcome
(at course level)
Learning and teaching strategies
Assessment Strategies
Paper Code
Paper Title
ABF 202
Advance International Finance
CO73 Acquire the knowledge about Foreign Exchange Market with a deep understanding of terminologies used in this sphere.
CO74 To Comprehend the use of different theories of exchange rate mechanism.
CO75 Examine the pivotal role of Exchange control and Balance of payments in Forex.
CO76 Comprehend knowledge pertaining to Global banking and investment.
CO77 Analyse the channels of international funds and working trade governing bodies.
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation.
Learning activities for the students: Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects
Foreign Exchange Markets:
• Functions, Participants, Spot rate,
• Forward rate, Future, Option and Arbitrage.
• Factors influencing exchange rates. Fixed and Flexible Exchange Rates.
• Causes of fluctuations in Exchange rates.
Exchange Rate Determination
• Demand for foreign exchange,
• Supply of Foreign Exchange,
• Theories of Foreign Exchange Rate-Mint Parity theory-PPP theory and
• Balance of Payment theory
Exchange Control
• Meaning, Features, Objectives,
• Methods, Merits & Demerits,
• Exchange control in India.
• Balance of payment: Meaning, Components,
• BOP v/s BOT, Disequilibrium in BOP,
• Rectification of disequilibrium.
International Banking:
• Meaning, Features,
• Types of International Banking Offices,
• Offshore Banking & NBFCs
• International Investment: Meaning, Types of foreign private investment,
• Significance of foreign Investment,
• Cross Border Mergers and Acquisitions
Foreign Aid to India
• Role, Impact of Foreign aid on India’s Economic Development and Problems of Foreign Aid.
• WTO- Introduction, Objectives, Functions and India & WTO.
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
• Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain Agarwal Educational Publisher, Arga.