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

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

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

CO 98: Understand about development of International Monetary System and functions of various international organizations.

CO 99: Understand functioning of foreign exchange market and calculate Quotes for various kinds of Merchant Transactions.

CO 100: Understand 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: 
IFM
  • 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: 
IMS & IO
  • 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
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 NarainAgarwal Educational Publisher, Arga
    • 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.
Academic Year: 
2020-2021
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