Export Import Finance

Paper Code: 
IBG 317
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Sales  is the integral aspect of marketing, which generates revenue for the entire organization, thereby providing life blood for it. This course provides the knowledge of the various functional aspect of sales management on the whole and equips the students with the salesmanship skills.

Course Outcome(COs):

Course

Learning Outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

IBG 317

Export Import Finance

CO 79Understand the meaning and methods of export finance and will also be able to differentiate between pre-shipment and post-shipment finance.

CO 80Identify the factors affecting export payment and to understand the various methods of export payment.

CO 81Gain understanding about the meaning of import financing and  various exchange regulations relating to import finance along with the role of Acceptance House and Discount House.

CO 82Infer various types of foreign exchange risk and student will also be able to identify  various strategies used to reduce foreign exchange risk.

CO 83Acquaint themselves with various types of export financing and  institutional support available from ECGC and EXIM Bank. 

 

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments.

 

Learning activities for the students:

Self-learning assignments, Effective questions,

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

7.00
Unit I: 
Unit 1

Export Finance: Meaning, Methods, features & types of Pre-shipment finance, features & types of Post-shipment finance, Difference between Pre-shipment and Post shipment finance. Deferred Credit.

9.00
Unit II: 
Unit 2

Export Payment terms: Factors affecting export Payment, Methods of Payment-Payment in advance, Open account, consignment stock Payment, Letter of Credit-Types, Parties, Procedures, Documentary Bills-Documents against acceptance(D/A),Documents against Payments (D/P), Difference between (D/P) and (D/A).

10.00
Unit III: 
Unit 3

Import Financing: Meaning, procedure, Exchange regulations relating to Import Finance, Documentary Credit Rediscounting of export Bills, Role of Acceptance House and Discount House.

10.00
Unit IV: 
Unit 4

Managing foreign exchange risk: Transaction, Translation, Economic Risk, Tactics and Strategies to reduce foreign exchange risk, Transfer Pricing.

10.00
Unit V: 
Unit 5

Export Financing and Institutional Support: Short term credit, Long term credit, factoring Export Credit and Guarantee Corporation of India (ECGC),  Export Import Bank of India (EXIM)-  Objectives and Functions.

 

Essential Readings: 
  • Khushpat S. Jain, “Export Import Procedures & Documentation”, Himalaya Publishing House, Mumbai.
  • Choudhary B K & Agarwal O P., “Foreign trade and Foreign exchange”, Himalya Publishing house, New Delhi.
  • Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, New Delhi.

 

ACADEMIC YEAR: 
2020-2021
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