International Finance

Paper Code: 
AAF 313
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

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

Course Outcome (COs):

 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

AAF 313

International Finance

Upon successful completion of this course, the student will be able to:

CO 96: Analyze the Scope of International Financial Management and various methods of payment.

CO 97: Evaluate Functions of International Financial markets and gain elementary knowledge of various International Financial Instruments.

CO 98: Assess the development of the International Monetary System and functions of various international organizations.

CO 99: Calculate Quotes for various kinds of Merchant Transactions and understand the functioning of the foreign exchange market.

CO 100: Correlate Regulatory Framework of International Finance from Indian and International perspective.

Approach in teaching:

Class room Lecture (Theory/ Using Power Point Presentation) /Discussions using Leading Case laws/

 

Learning activities for the students:

Role Play activities/ Moot Court/Group Discussions/ Class presentation 

 

Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.

 

 

9.00
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: 
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: 
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: 
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: 
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
  • 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   NarainAgarwal   Educational Publisher, Arga.
  • Maurice, Levi, “International Finance”, McGraw Hill, Int. Ed. New York.

 

Academic Year: 
2021-2022
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