This document outlines the syllabus for the International Business course offered at Cluster University of Jammu. The course is intended to familiarize students with concepts and dynamics of international business and India's involvement globally. It is worth 5+1 credits over 6 semesters. The course covers key topics like globalization, international trade theories, regional economic cooperation, foreign exchange and more across 5 units. Assessment includes a minor test on the first unit and a major test covering all units, with objective and long-form question types.
This document outlines the syllabus for the International Business course offered at Cluster University of Jammu. The course is intended to familiarize students with concepts and dynamics of international business and India's involvement globally. It is worth 5+1 credits over 6 semesters. The course covers key topics like globalization, international trade theories, regional economic cooperation, foreign exchange and more across 5 units. Assessment includes a minor test on the first unit and a major test covering all units, with objective and long-form question types.
This document outlines the syllabus for the International Business course offered at Cluster University of Jammu. The course is intended to familiarize students with concepts and dynamics of international business and India's involvement globally. It is worth 5+1 credits over 6 semesters. The course covers key topics like globalization, international trade theories, regional economic cooperation, foreign exchange and more across 5 units. Assessment includes a minor test on the first unit and a major test covering all units, with objective and long-form question types.
This document outlines the syllabus for the International Business course offered at Cluster University of Jammu. The course is intended to familiarize students with concepts and dynamics of international business and India's involvement globally. It is worth 5+1 credits over 6 semesters. The course covers key topics like globalization, international trade theories, regional economic cooperation, foreign exchange and more across 5 units. Assessment includes a minor test on the first unit and a major test covering all units, with objective and long-form question types.
TITLE: INTERNATIONAL BUSINESS COURSE CODE : 3COMDE0603 CREDITS : 5+1 DURATION OF EXAMINATION TOTAL: 150 Marks MINOR TEST : 01 Hour MINOR TEST: 30 Marks MAJOR TEST : 03 Hours MAJOR TEST: 120 Marks
Objective: The objective of the course is to familiarise the students with the concepts, importance and dynamics of international business and India’s involvement with global business. The course also seeks to provide theoretical foundations of international business to the extent these are relevant to the global business operations and developments.
Unit-1 (18 HOURS)
a. Introduction to International Business: Globalisation and its importance in world economy; Impact of globalization; International business vs. domestic business: Complexities of international business; Modes of entry into international business. b. International Business Environment: National and foreign environments and their components - economic, cultural and political-legal environments
Unit-2 (18 HOURS)
a. Theories of International Trade – an overview ( Classical Theories, Product Life Cycle theory, Theory of National Competitive Advantage); Commercial Policy Instruments - tariff and non-tariff measures – difference in Impact on trade, types of tariff and non tariff barriers ( Subsidy, Quota and Embargo in detail) ; Balance of payment account and its components. b. International Organizations and Arrangements: WTO – Its objectives, principles, organizational structure and functioning; An overview of other organizations – UNCTAD, Commodity and other trading agreements (OPEC).
Unit-3 (18 HOURS)
a. Regional Economic Co-operation: Forms of regional groupings; Integration efforts among countries in Europe, North America and Asia (NAFTA, EU , ASEAN and SAARC) b. International Financial Environment: International financial system and institutions (IMF and World Bank – Objectives and Functions) ; Foreign exchange markets and risk management; Foreign investments - types and flows; Foreign investment in Indian perspective.
COURSE CODE : 3COMDE0603 Page 1 of 3
CLUSTER UNIVERSITY OF JAMMU SYLLABUS – SEMESTER 6th (CBCS) – B.Com HONOURS (DISCIPLIEN SPECIFIC ELECTIVE COURSE)
Unit-4 (18 HOURS)
a. Organisational structure for international business operations; International business negotiations. b. Developments and Issues in International Business: Outsourcing and its potentials for India; Role of IT in international business; International business and ecological considerations.
Unit-5 (18 HOURS)
a. Foreign Trade Promotion Measures and Organizations in India; Special economic zones (SEZs) and export oriented units (EOUs), ; Measures for promoting foreign investments into and from India; Indian joint ventures and acquisitions abroad. b. Financing of foreign trade and payment terms – sources of trade finance (Banks, factoring, forfeiting, Banker’s Acceptance and Corporate Guarantee) and forms of payment (Cash in advance, Letter of Credit, Documentary Collection, Open Account).
Suggested Readings: 1. Charles W.L. Hill and Arun Kumar Jain, International Business. New Delhi: McGraw Hill Education 2. Daniels John, D. Lee H. Radenbaugh and David P. Sullivan. International Business. Pearson Education 3. Johnson, Derbe., and Colin Turner. International Business - Themes & Issues in the Modern Global Economy. London: Roultedge. 4. Sumati Varma, International Business, Pearson Education. 5. Cherunilam, Francis. International Business: Text and Cases. PHI Learning 6. Michael R. Czinkota. et al. International Business. Fortforth: The Dryden Press. 7. Bennett, Roger. International Business. Pearson Education. Note: Latest edition of text books may be used.
INSTRUCTIONS FOR PAPER SETTERS AND CANDIDATES:
Minor Test: 1) The Minor Test shall be held for the first 20% of the syllabus having 30 marks i.e. covering first unit out of five units. 2) It will comprise of three long answer type questions of 8 marks each and students will have to attempt any two and 10 short answer type questions of 2 marks each and student will have to attempt any 7 questions.
COURSE CODE : 3COMDE0603 Page 2 of 3
CLUSTER UNIVERSITY OF JAMMU SYLLABUS – SEMESTER 6th (CBCS) – B.Com HONOURS (DISCIPLIEN SPECIFIC ELECTIVE COURSE)
Major Test: It will be of two parts
1) Part A: It will comprise of 5 questions of 3 marks and 9 questions of 1 mark. (Short answer/objective type question of 24 marks) covering all five units with equal weightage to all units. 2) Part B: Comprising of eight long answer questions of 24 marks each, from 2nd, 3rd, 4th and 5th units. Two questions shall be set from each unit and student will have the internal choice. Each question of 24 marks will have two parts: i) Long answer question of 18 marks. ii) Short answer question/numerical of 6 marks.
