MODULE - 1

INTERNATIONAL FINANCIAL MANAGEMENT

 In previous Semester, you have been taught about general finance concepts that apply to domestic or local settings, BUT we live in an international world. Companies (and individuals) can raise funds, invest money, buy inputs, produce goods and sell products and services overseas.

Why is International Finance Important?

With these increased opportunities comes additional risks. We need to know how to identify these risks and then how to control or remove them.

 International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.

INTRODUCTION OF INTERNATIONAL FINANCE