Room No : 518, Office Intercomm no : 802
The course on International Finance is designed to enhance your understanding of global financial environment. The scope and relevance of international finance have been fast evolving due to increasing integration of capital markets. “Multinationality” is an important facet of modern business and it is important for managers to understand international financial development and acquire specific knowledge and skills to function in a multinational business environment. In this course we shall discuss about the foreign exchange market and instruments, about balance-of-payments and determination of exchange-rates. You would also be made familiar with the main instruments of the foreign-exchange market (forward, futures, option, and swap) and learn how they can be used along with other techniques to manage foreign-exchange exposure. We would also briefly touch upon capital-budgeting and portfolio-management in the global context.
Further Readings:
Useful Links on Exchange Rates and International Finance Exchange Rates : Investopedia Finance Glossary Articles on Finance Topics Summarized Research Papers Corporate Governance Business Reference Services
NBER Working Papers on International Finance and Macroeconomics Exchange Rate - Wikipedia IMF World Economic Outlook Google News Index on Exchange Rates Bank for International Settlements Global Development Finance 2007 Purchasing Power Parity
Pedagogy:
A combination of class lectures, applications and problem solving. Problems from the end of the chapter and external sources will be assigned on a regular basis.
Evaluation Criteria :