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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. 
 

i. International Financial Management: Eun and Resnick (Fourth Edition), 2009, Tata McGraw-Hill
ii. Multinational Financial Management: Shapiro (Eighth Edition), John Wiley & Sons
iii. Multinational Business Finance: Eiteman, Stonehill, Moffett and Pandey (Tenth Edition), Pearson Education
iv. International Finance Contemporary Issues: Levi (Fourth / Third Edition), Routledge Paperback edition
v. International Corporate Finance: Madura (Eighth Edition), Thomson South-Western
vi. Exchange Rates and International Finance: Copeland (Fourth Edition), 2007, Pearson Education
vii. International Financial Management: Apte (Fourth Edition), Tata McGraw Hill
viii. Multinational Finance: Butler (Second Edition), Thomson South-Western College Publishing
ix. International Finance: O' Brian (Second Edition), Oxford University Press 

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 :  

i. Mid Term : 40%
ii. End  Term : 40%
iii. Class Participation/ Term Paper : 20% : Class Participation could be a presentation on a small case

Session Topics to be covered Chapter(s) 1,2 Introduction Exchange Rate quotations Determination of Exchange Rates  Eun and Resnick: Chapter 5 Eiteman et al.: Chapters 4, Shapiro: Chapter 2 3,4 Balance of Payments  Domestic Economy and World Trade Eun and Resnick: Chapter 3 Eiteman et al.: Chapter 3,Shapiro Chapter 5 5,6 International Parity Conditions Eun and Resnick: Chapter 6 Eiteman et al.: Chapter 6  Shapiro: Chapter 4 7,8 Currency Forward, Futures, Option, Swap Eun and Resnick: Chapter 7 Eiteman et al.: Chapter 5 Apte: Chapters 9, 10 Shapiro: 7, 8, 9 9-10-11-12 Measuring and Managing Foreign-Exchange Exposure Eun and Resnick: Chapter 8,9,10 Eiteman et al.: Chapter 8,9,10 Shapiro:10, 11 13-14 International Capital Budgeting Eun and Resnick: Chapter 17,18 Shapiro : 14, 17 15 Financing International Trade Eun and Resnick: Chapter 20 Shapiro : Chapter 18

 WELCOME TO THE COURSE!
Created By: Lingaraj Pattanaik on 05/13/2010 at 09:03 AM
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