Export Import Finance

Paper Code: 
IBG 317
Credits: 
3
Contact Hours: 
45.00
Objective: 

The objective of this course is to understand basic concept of Export Finance because Export finance plays important role in the socio-economic prosperity of the country.

9.00
Unit I: 
Export Finance

 Meaning, Methods, procedures, Difference between Pre-shipment and Post shipment finance. Deferred Credit Export financing and Institutional Support: Short term credit, Long term credit, factoring.

10.00
Unit II: 
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).

8.00
Unit III: 
Import Financing

 Meaning, procedure, Exchange regulations relating to Import Finance, Documentary Credit

Rediscounting of export Bills, Role of Acceptance House and Discount House.

9.00
Unit IV: 
Exchange Control In India

 Managing foreign exchange risk-Transaction, Translation, Economic Risk, Tactics and Strategies to reduce foreign exchange risk, Transfer Pricing. Meaning ,features, Objectives ,methods.

9.00
Unit V: 
Export Credit and Guarantee Corporation (ECGC), EXIM Bank

  Objectives and Functions.

Essential Readings: 
  • MJ Mathew,”RiskManagement and Insurance”,RBSA Publications,Jaipur.
  • Neelam C.Gulati,”Principles of Insurance Management”,Excel books
References: 
  • Karam Pal,B.S.Bodla,M.C.Garg,”Insurance Management:Principles &       Practices,Deep& Deep Publications
Academic Year: 
2016-2017
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