International Finance

Paper Code: 
AAF 313
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquaint students with the role of international institutions and monetary system

9.00
Unit I: 
Unit I

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

9.00
Unit II: 
Unit II

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.

9.00
Unit III: 
Unit III

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

 

9.00
Unit IV: 
Unit IV

Foreign Exchange Market: Introduction, Foreign Exchange, Spot Market, Exchange Rate Quotations ,Types Of Transactions ,Settlement Dates, Quotes for various kinds of Merchant Transactions

9.00
Unit V: 
Unit V

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

Essential Readings: 

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.

 

References: 

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.

 

Academic Year: