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International Finance
The Objective of this course is to acquaint students with the role of International Financial institutions and monetary system in the economy.
Course Outcome(COs):
Course
Learning Outcome
(at course level)
Learning and teaching strategies
Assessment Strategies
Paper Code
Paper Title
FSG 117
International Finance
Students will analyze the base of International Finance and ascertain the methods used in International Trade
Study will explore the financial markets at international level along with examining the different forms of International Financial Instruments.
Students will examine the International Monetary system since its inception till the contemporary times.
Students will critically evaluate the working of IMF and ADB from different perspectives.
Students will assess the World Bank Group through SWOT analysis.
Meaning – Scope of International Finance,
• Factors contributing to growth in International Finance and Importance
• Methods of payment- Payment in advance,
• open account, Documentary collection,
• letter of credit ,Credit cards,
• counter-trade Letter of credit-types,
• parties and procedure
Meaning and Functions of Financial Market.
• Recent Changes in Global Financial Markets
• Elementary Knowledge of International financial instruments–
• Euro notes, Euro commercial papers, Euro bond, ADR and GDR.
Gold Standard, Bretton Woods System,
• Euro dollar market- origin and growth, Features,
• The European Community-objectives, organization
• The European Monetary System-origin and working.
Origin, objectives, Organizational Structure,
• Progress & criticism.
• Role of IMF in increasing World Liquidity
• Special Drawing Rights(SDR) – Uses, Merits & criticisms of SDRs.
• Asian Development Bank(ADB) – Objectives , Organization and Functions
Organization, Functions, 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.
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, Agra
