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, 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: 
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).

9.00
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: 
Managing foreign exchange risk

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

9.00
Unit V: 
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.
• MJ Mathew, RiskManagement and Insurance”,RBSA Publications,Jaipur.
• Export Import procedures and documentation, IGNOU IBO- 04

Academic Year: 
2019-2020
  • Printer-friendly version
  • PDF version