Scribd Logo
Upload

Welcome to Scribd!

  • 125 views

    Subject: International Finance Course Code: Semester: III Credit Hours: 04 Faculty: Dr. Lakshmi Rawat Course Objectives

    Uploaded by

    Lakshmi Rawat
    This document outlines the course objectives, units, readings, and resources for an International Finance course. The course aims to help students understand international financial systems and markets, foreign exchange, determinants of exchange rates, and risk management for multinational corporations. It is a 4 credit hour semester course taught by Dr. Lakshmi Rawat. The 5 units cover topics such as international monetary systems, foreign exchange markets, exchange rate regimes, international parity, foreign investment decisions, and country risk analysis. Suggested readings and journals as well as relevant websites are also listed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Subject: International Finance Course Code: Semester: III Credit Hours: 04 Faculty: Dr. Lakshmi Rawat Course Objectives

    Uploaded by

    Lakshmi Rawat
    125 views2 pages
    This document outlines the course objectives, units, readings, and resources for an International Finance course. The course aims to help students understand international financial systems and markets, foreign exchange, determinants of exchange rates, and risk management for multinational corporations. It is a 4 credit hour semester course taught by Dr. Lakshmi Rawat. The 5 units cover topics such as international monetary systems, foreign exchange markets, exchange rate regimes, international parity, foreign investment decisions, and country risk analysis. Suggested readings and journals as well as relevant websites are also listed.

    Original Title

    1 Syllabus.pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document outlines the course objectives, units, readings, and resources for an International Finance course. The course aims to help students understand international financial systems and markets, foreign exchange, determinants of exchange rates, and risk management for multinational corporations. It is a 4 credit hour semester course taught by Dr. Lakshmi Rawat. The 5 units cover topics such as international monetary systems, foreign exchange markets, exchange rate regimes, international parity, foreign investment decisions, and country risk analysis. Suggested readings and journals as well as relevant websites are also listed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    125 views2 pages

    Subject: International Finance Course Code: Semester: III Credit Hours: 04 Faculty: Dr. Lakshmi Rawat Course Objectives

    Uploaded by

    Lakshmi Rawat
    This document outlines the course objectives, units, readings, and resources for an International Finance course. The course aims to help students understand international financial systems and markets, foreign exchange, determinants of exchange rates, and risk management for multinational corporations. It is a 4 credit hour semester course taught by Dr. Lakshmi Rawat. The 5 units cover topics such as international monetary systems, foreign exchange markets, exchange rate regimes, international parity, foreign investment decisions, and country risk analysis. Suggested readings and journals as well as relevant websites are also listed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Subject : International Finance

    Course Code :
    Semester : III
    Credit Hours : 04
    Faculty : Dr. Lakshmi Rawat

    Course Objectives:
    To acquaint the students with
     To comprehend and related the linkages between domestic economy and
    international markets.
     To understand the broad pattern of international economy and finance.
     Incorporate of international issues while strategy formulation for corporates.
     To have a complete overview of international financial system.

    Unit-I
    International Financial System: Evolution of international financial system

    Gold standard, Breton woods standard, Exchange rate, EMS, Currency board, sterilized
    and unsterilized intervention.
    International monetary System

    International financial markets, Global financial institutions–IMF, Bank for


    International Settlements; International banking-euro bank.
    European Monetary System and Emergence of Euro

    International financial instruments–Euro CP, Eurobonds, Foreign bonds, Global bonds,


    Euro equity, ADR, GDRs.

    Unit -II
    The Foreign Exchange Market

    Distinctive Features and Types, Major participants.


    India's Exchange Rate Regimes and Experiences

    Structure of foreign exchange market in India, Exchange Rate mechanism - quotes in


    spot market and forward market, triangular arbitrage; nominal effective exchange rate.
    Unit – III
    International parity & Exchange Rate Determination

    Foreign Exchange Management Act; BOP, BOP trends in India; Current account
    convertibility, Capital Account Convertibility, Tarapore Committee Report.
    Multinational Corporate Decisions in Global Markets

    Nature of International Finance Functions and the Scope of International Financial


    Management, IFM and Domestic FM.

    Unit IV
    Foreign investment decision

    Foreign direct investment (FDI)–motives, FDI theories-theory of comparative


    advantage, OLI paradigm of FDI in India, modes of foreign investment, evaluation of
    overseas investment proposal using NPV and APV; international cash management,
    multinational capital structure decision, cost of capital, international portfolio
    diversification- rationale, barriers, home country bias.

    Unit – V
    Country Risk Analysis

    International debt crises and currency crises-Asian currency crisis, Greek debt crisis;
    Risk Management in Multinational Corporations.
    Introduction to : Types of risk-currency risk, transaction exposure, translation exposure,
    economic exposure and assessment; interest rate risk, country risk assessment–political
    risk, financial risk; risk management through hedging, natural hedges, hedges with
    currency derivatives–forward market hedge, options market hedge, money market
    hedge, hedging exposure through swaps, other financial and non-financial methods of
    hedging.
    Readings:
    1. Levi M., “International Finance”, 2009, 5th Ed. Routledge, Taylor & Francis Group
    2. Shailaja G, “International Finance”, 2011, 2nd Ed. Orient Blackswan.
    3. Apte P.G., “International Finance”, 2008, 2nd Ed. McGraw Hill.

    Journals:
    Journal of International Money and Finance
    Global Finance

    Websites:

    1. The Economist
    2. Bloomberg Business Week
    3. CNBC

    You might also like