Subject

Title

International Business

Semester

IV

Subject
Code

15P4MBA15

Specializati
on

NA

Type

Core

L:T:P:C

3:0:1:3

Objectives
1. To enlighten the students on International Business Environment, which includes
international Financial management, International marketing and international Currency
2. To study the impact of globalization on Indian Industry.
3. To understand the important linkages between domestic economy and its external sector
Uni
t

Syllabus Contents

Overview of International Business

Evolution Drivers of Globalization Influences of International Business
Stages of Internationalization Differences between Domestic and 12
International Trade International Business Approaches Modes
Advantages and Disadvantages of International Business

II

Theories of International Trade

Mercantilism Absolute Cost Advantage Comparative Cost Advantage
Heckseher- Ohlin Theory Relative Factor Endowment Theory Country 12
Similarity Theory Product Life Cycle Theory Global Strategic Rivalry
Theory Porters National Competitive Advantage Competitive Advantage

III

Modes of Entry and Globalization and MNCs

International Business Analysis Modes of Entry Comparison of different
Modes FDI: Meaning, International Investment Theories, Factors
12
influencing FDI, Cost and Benefits of FDI, FDI and FII in India. MNC:
Meaning, Reasons for the Growth of MNC, Advantages and Disadvantages,
MNCs in India

IV

Number of
Sessions

Trade Blocks and Business Centers

12
Economic Integration European Union NAFTA ASEAN - Bilateral and
Multilateral Trade Laws general Agreements on Trade & Tariffs (GATT),
World Trade Organization (WTO), Different Rounds, IPR, TRIPS, TRIMS,
GATS, Ministerial Conferences, SAARC, BRICS Foreign Exchange:
Foreign Exchange Market, Convertibility of Rupee and its Implications, FII,

GDR

International Financial Institutions

IMF, SDRs, IBRD, International Development Association, International
Finance Corporation, UNCTAD, The Multi-National Investment Guarantee 12
Agency. Foreign Trade Procedures: Import, Export, Financing Techniques,
Export Promotion
60 Hrs

Total

Learning Resources

Text Books

1. Charles W.L. Hill & Arun Kumar Jain, International Business, 10th edition,
Tata McGraw-Hill Publishing, 2014.
2. Francis Cherunilam, International Business Text and Cases 5th Edition,
Prentice Hall Publishing. Hill 2010

Reference
Books

1. K.Aswathappa, International Business, 5th edition, Tata McGraw-Hill

Publishing, 2012.
2. Mike W.Peng, Deepak K. Srivastava, Global Business, Cengage Learning,
2012.
3. Rakesh Mohan Joshi, International Business Oxford Higher Education, 2011.
4. John D. Daniels and Lee H. Radebaugh, International Business, Pearson
Education Asia, New Delhi, 2000.
5. Michael R.Czinkota, Iikka A.Ronkainen, Michael H.Moffet, International
Business 7th Edition, Cengage Publishing, 2010.

1.
2.
3.
Web Sites / 4.
5.
Links
6.
7.
8.

http://globaledge.msu.edu/
http://www.international-business-center.com/
http://uscib.org/
http://www.wto.org/
http://www.worldbank.org/
http://www.imf.org
http://aib.msu.edu/
8. http://www.eximin.net/