Course Objectives:

International Financial Management will introduce students to global financial markets and operations of multinational firms. Topics to be discussed will include foreign exchange markets, international financial markets, international banking, currency derivative markets, euromarkets, risk management, and investment decisions in the global marketplace

Liberalization, globalization, and advancement in information technology has increased the importance of learning about the concepts, theories and practices relating to the international financial management. 

Course Contents in Brief:

International financial management is the study of financial managment in in international busiess environment. It includes the learning about the flow of interantional funds, International financial markets, international financinal institutions, Multnational companies and thier financial managment, international investments and financing, interantional risk exposure and its management etc.  

Learning Outcomes: 

The architecture of foreign exchange markets, the motivation of participants in foreign exchange markets (arbitrage, speculation, hedging), the role of conventions in exchange rates quotation and trading in foreign exchange markets, the type of foreign exchange operations (spot, forward, FX swaps, currency swaps, futures and option), the factors that influence the price of currency derivatives (forward rate, swap points, interest rates, futures price, option premium), the relationship between the changes of exchange rates and the dynamics of fundamental economic factors (balance of payments, inflation, interest rates, expectations), the prediction of  future exchange rates movements by the tools of technical analysis, the changes of foreign currency regime since the crash of Bretton Woods regime of fixed exchange rates, the nature of foreign exchange exposure and risk and its management, the structure of the balance of payments and main relations between economic transaction in the balance of payment. 

Pre-requisite: No

Evaluation System: 

Mid Term: 30% Marks

Final Term: 50% Marks

Sessionals: 20% Marks

Class Timings: 

Wednesday and Thursday: 8:00 am to 9:30 am

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