Master of Commerce (M.Com.) Import and Export Syllabus - Mumbai University

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Syllabus for Import and Export

Elective course · Semester 3 · M.Com. Business Economics · 4 credits

Module I: International Business Environmentand Import and Export Procedures (2CREDITS)

Unit 1 International Business Environment
Overview of the international business environment, Economic environment: Global economic
systems, economic indicators, and emerging markets
Political and legal environment: Trade policies, international trade laws, and political risks, Cultural environment: Cultural differences, language, and business practices
Technological environment: Technological advancements and their impact on international t
trade, Environmental and ethical considerations in international business
Unit 2 Import and Export Procedures
Steps in import and export processes, Role of customs and regulatory bodies
Import and export documentation: Bill of lading, invoice, packing list, certificate of origin, and others
Incoterms: Definitions and applications, Freight forwarders and logistics providers

Module II: Payment Methods, Finance and Contemporary Issues in International

trade (2 CREDITS)
Unit 3 Trade Financing and Payment Methods
Methods of payment in international trade: Letters of credit, bills of exchange, open account, and advance payment
Role of banks and financial institutions in trade finance, Financing exports and imports: EXIM
Bank, commercial banks, and trade credit
Managing foreign exchange risk: Hedging techniques and instruments, Export credit insurance
and guarantees
Unit 4 Contemporary Issues in International Trade
Global supply chain management and logistics, Impact of technology and e-commerce on international trade
Trade barriers and trade facilitation, Ethical issues and sustainable trade practices
Recent trends and challenges in global trade: Trade wars, Brexit, and COVID-19 impact

Suggested References

1 Belay Seyoum (2021). Export-Import Theory, Practices, and Procedures. Routledge.
2 Francis Cherunilam (2020). International Trade and Export Management. Himalaya Publishing House.
3 Justin Paul and Rajiv Aserkar (2019). Export Import Management. Oxford University Press.
4 Paul R. Krugman and Maurice Obstfeld (2022). International Economics: Theory and Policy. Pearson Education.
5 Sanjay Misra, P. K. Yadav (2009). International Business: Text and Cases. PHI Learning.
6 T.A.S. Balgopal(2016), Export and Import Management. Himalaya Publishing House.
7 Thomas E. Johnson and Donna L. Bade (2014). Export/Import Procedures and Documentation. AMACOM.

Reproduced from the University of Mumbai syllabus for M.Com. (Business Economics) under NEP 2020, in force from the academic year 2023-24. Wording is as printed in that syllabus. Module numbering is as printed there too.

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This subject is cut from the University circular for its specialisation. Open a document here if you want the whole thing rather than a single subject.

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