Narmada College of Management, Bharuch, Gujarat, INDIA

OF &A 404- At MBA Full Time Semester -IV

OF &A 602- At MBA Evening Semester - VI

International Financial Market

Objectives:

The objective of this course is to give students an in depth knowledge of the working of international financial markets.

Course Contents:

History of the International Financial System - The rise and Fall of Bretton Woods, Globalisation and the Growth of Derivatives, The Crash of 1994-96 and Beyond, Euro-currency Market. Euro banking and Euro-currency Centres, Deposit Dealing and the Term Structure of Euro-currency Rates, Euro-currency Futures and Options, Syndicated Euro-credits. International Bond Markets - Introduction, New Issue Procedures in the Eurobond Markets, Eurobond Valuation and Hedging, Interest Rates and Currency Swaps, Pricing Option, Features of International Bonds, Forecasting and the Image of the Future - Central Banks and the Balance of Payments. The European Monetary System and Other Regional Artificial Currency Areas, New Instruments in International Capital Markets, International Banking and Country Risk, International Portfolio Diversification, International Transfer Pricing.

Suggested Readings :

Bhalla, V K. International Financial Management,2nd ed., New Delhi, Anmol,2001.
Bhulla, V K. Managing International Investment and Finance, New Delhi,Anmol,1997.
Buckley, Adrian, Multinational Finance, 3rd ed., Englewood Cliffs. Prentice Hall Inc.,1996.
Eiteman, David K and Stonehill, Arthur I. Multinational Business Finance. California, Addison-wesley,1988.
Johnson and Giaccotto. Options and Futures. St. :Paul, West,1995.
Kim, Suk and Kim. Seung. Global Corporate Finance: Text and Cases. 2nd ed. Miami, Florida, 1993.
Shapiro, Alan C. Multinational Financial Management. New Delhi, Prentice Hall of India,1995.