International Financial Management | Text & Cases

International Financial Management provides an effective and detailed presentation of important concepts and practical application in today’s global business environment, which includes:

• Foreign Exchange Market
• International Financial System
• Eurocurrency Market
• Currency Futures & Options
• Swaps
• Country Risk Analysis
• Capital Budgeting

The key highlight of this book is that it uses several examples (both numerical & theoretical) to highlight the applications of various dimensions of international finance.

This book aims to fulfil the requirement of students of PGDM, MBA, M.Com., Master of Economics, Master of Finance & Control (MFC), MIB, other Post Graduate Diploma in Risk Management & other post-graduate specialized disciplines.

The Present Publication is the 4th Edition, authored by Prof. Madhu Vij. The book has been organized around five major areas, namely:

• [International Financial Environment] emphasizing its institutional set-up while discussing why is it important to study international finance. This area is further subdivided into four chapters, namely:
• Overview of the International Financial Management
• History of International Monetary System; Emphasis on Bretton Woods System
• International Financial Institutions with a particular focus on the World Bank, International Monetary Fund (IMF), and European Monetary System
• Balance of Payment Concepts and Accounting
• [The Foreign Exchange Markets]
• Derivatives
• Foreign Currency Futures and Options Contracts that are traded on Stock Exchanges
• Forex Markets with an emphasis on Fundamentals of Forex Trading,  Overview of Operations of the Spot and Foreign Exchange Markets, How is Foreign Exchange Quoted and Traded Worldwide
• [Managing Foreign Exchange Exposure]
• Management of Foreign Exchange Risk with a discussion on kinds of exposure MNCs face
• Translation Exposure or Accounting Exposure, which discusses the various methods for translating financial statements
• Management of Transaction Exposure that arises from contractual obligations denominated in a foreign currency
• Management of Economic Exposure
• [Financial Management of the Multinational Firm]
• Foreign Direct Investment
• Cost of Capital and Capital Structure of the MNC
• Application and Interpretation of MNC Capital Budgeting explaining various methods with the help of numerical examples and case studies
• Multinational Cash Management
• Identifies and Analyses the Various Dimensions of Country Risk Analysis
• Eurocurrency and Eurobond Market
• [Managing Foreign Operations]
• Interest Rate and Currency Swaps explaining how they can be used to reduce financing costs and risks
• Global Depository Receipts and American Depository Receipts