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. International Organizations: Objectives and Functions :IMF, World Bank, IFC & IDA,ADB
Foreign Exchange Market: Introduction, Foreign Exchange, Spot Market, Exchange Rate Quotations ,Types Of Transactions ,Settlement Dates, Quotes for various kinds of Merchant Transactions
Regulatory Framework of International Finance:
Indian Perspective: Foreign Exchange Management Act,Objectives of Exim Policy and Indian Foreign Trade Policy
International Perspective: Federal Reserve Bank,European Central Bank
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.