PROGRAMME OF STUDY
FOR INTERNATIONAL STUDENTS
This programme is specifically designed for non-degree seeking International Students
The programme is designed to provide participating students an overall view of issue in globalization and modern business. An introduction to business history of India and socio-economic environment is provided to situate India in the globalization process. The first half of second module provides a general view of International Business environment and the second part focuses on India specific issues. The objective is to enable participating students to place Indian business in the overall context of international business.
COURSE CONTENTS
Module - I
- Business in India – A Historical Perspective
- Social and Economic Environment in Contemporary India
- India and the Global Business Environment
Module - II - Part A
- International Trade Theory & Policy
- International Business Strategy
Module - II - Part B
- Indian Foreign Trade
- Export Import Management
- Outsourcing and Emerging Economies
BRIEF SYLLABUS
MODULE - I
BUSINESS IN INDIA – A HISTORICAL PERSPECTIVE
- Geographical and Historical setting of Indian subcontinent
- Vedic Values, Vedic Economics
- Social, economic & political organization in Ancient India
- Impact of Dharmashastras, Arthashastra
- Rise of Mercantile Community
- Business Communities & Business Clusters
- Maritime Trade, India Influence in South East Asia
- Early Indian and European Connection
INDO-ISLAMIC CULTURE
INDO-EUROPEAN CULTURE
MODERN COMPOSITE CULTURE & ECONOMIC DEVELOPMENT
Adoption of planning system, Import substitution and self reliance
SOCIAL AND ECONOMIC ENVIRONMENT IN INDIA
- Indian Heritage
- Composite culture
- Varnashrama system, Caste & Religion in India
- Linguistic & Regional Peculiarities
- Economic
MODULE - II - Part A
GLOBAL BUSINESS ENVIRONMENT
INTERNATIONA TRADE THEORY & POLICY
INTERNATIONAL BUSINESS STRATEGY
Setting the scene for the 21st century: Global Business – An Evolving System; Means of wealth exchange; organising for world class business; Sourcing globally.
Diverse cultures; Conflicting Trade Theories; opposing public policies
Trade creation; Trade Barriers
Economic Integration – Monetary harmonisation; Trade Harmonisation; Regional Harmonisation
International Business Environment; Countries Economic Development; National differences in Political & cultural factors.
International Trade Theories; role of Govt. in Foreign trade; Balance of Payment & International Trade; foreign direct investment; WTO & Globalisation.
Global Monetary system: The foreign exchange Market
The Strategy & Structure of International business
MODULE - II - Part B
INDIAN FOREIGN TRADE
EXPORT IMPORT MANAGEMENT
OUTSOURCING & EMERGING ECONOMIES
India’s Trade & Performances – Horizons of International Trade; India’s Trade performance; Export Profile; Principal imports
India’s External Sector – India’s Foreign Trade Policy, Special Export Zones/ Export Processing Zones/ Free Trade Zones/ 100%EOUs; Foreign Direct Investment; India’s JVs abroad.
India’s Trade with major markets – European Union; Latin America; Africa, ASEAN; Middle East
Sector Performance – Gems & Jewellery; Handicrafts; Readymade Garments; Engineering goods; Computer Software.
Export Import documentation Procedures
Key issues in International Payments; Cyber Payments
Salient features of Exim Policy, National Trade Policy
Origins of Outsourcing; Economics of Outsourcing; Business issues; Strategic issues; Make or buy; Global supply chain; Emerging economies; Emerging India as Outsourcing; Global Business restructure; Outsourcing & Global competition