Syllabus

Course Code: M-BECOE-047    Course Name: Group 2 - Financial Economics) -Economics of Corporate Finance-II

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1 Introduction to Foreign Exchange Market
Foreign Exchange Market: Nature, Structure, Types of transactions, Exchange rate quotation & Arbitrage, Spot & Forward; Foreign Exchange Market in India: Nature, Structure, Operations & Limitations.
Reading List
• Coyle, B. (2000). Foreign Exchange Markets. Financial World Publishing, United Kingdom.
• Dun & Bradstreet (2007). Foreign Exchange Markets. Tata McGraw-Hill Publishing Company Limited, New Delhi.
• Yadav, S.S., Jain, P.K. & Peyrard, M. (2009). Foreign Exchange Markets: Understanding Derivatives and Other Instruments. Macmillan Publishers India Ltd.
2 Business Valuation and Merger – I
Valuation of a Business; Methods of Valuation: Cashflow Basis, Earning Potential Basis, Growth Rate, Market Price etc. Motives for Merger; Financial Evaluation; Types of Mergers.
Reading List
• Christopher Mercer, Z. & Harms, Travis W. (2008). Business Valuation – An Integrated Theory. John Wiley & Sons, United States of America.
• Fred Westan, J. (2001). Mergers and Acquisitions. Tata McGraw Hill.
• Pratt, Shannon P., Reilly, Robert F. & Schweihs, Robert P. (1996). Valuing a Business: The Analysis and Appraisal of Closely Held Companies. Irwin Professional Publications.
• Shields, Greg (2018). Business Valuation. Create Space Independent Publishing Platform.
3 Business Valuation and Merger – II
Computation of Impact on EPS and Market Price, Determination of Exchange Ratio; Impact of Variation in Growth of the Firms; MBO ; LBO; Boot Strapping; Financing of Merger.
Reading List
• Fred Westan, J. (2001). Mergers and Acquisitions. Tata McGraw Hill.
• DePamphilis, Donald (2010). Mergers Acquisitions and Other Restructuring Activities. Academics Press.
• Chandrashekar, K. & Vishwanath, S. R. (Eds.). (2019). Mergers, Acquisitions and Corporate Restructuring: Text and Cases. Sage Publications.
4 Issues in Foreign Investment
Foreign Investment Decision: International Project Appraisal, Exchange Rate Risk & Cost of Capital, International Joint Ventures; A review of NPV Approach; Repositioning of Funds, FDI & FII in India.
Reading List
• Apte, P.G. (2010). International Financial Management. Tata McGraw Hill.
• Shapiro, A.C. & Hanouna, Paul (2019). Multinational Financial Management. John Wiley & Sons.
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