INTERNATIONAL FINANCIAL MANAGEMENT
SYLLABUS
UNIT I
IFM- Nature and Scope, IFM and Domestic financial management- Balance of paymentssignificance- preparation of BOP statement - Link between BOP and the economy.
UNIT II
International Monetary System - Gold standard - IMF and World Bank Exchange Rate
mechanism - factors influencing exchange rate - Purchasing power parity and Interest
Rate parity theorems.
UNIT III
Foreign Exchange Market - Transactions - Spot, Forward, Futures, Options and SwapsArbitrage and speculation in Foreign exchange market.- Exchange arithmetic, Spread,
premium and Discount.
UNIT IV
Foreign Exchange Exposure - managing transaction, translation and operating ExposureTechniques for covering the foreign exchange risk - Internal and external techniques of
risk.
UNIT V
International financial market instruments - International Equities - ADR and GDR -
Foreign Bond and euro-bond- Short-term and medium term instruments.