Programme of Study For International Students

INTERNATIONAL MANAGEMENT
ACADEMY FOR DIGITAL ECONOMY

(Approved by Govt. of India; Govt. of Karnataka; ISO 9000:2015)

International Exchange Programme

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