M.Com.(ENTREPRENEURSHIP) - University of Madras

3. Harold Kerzner, “Project Management – a systems approach and planning, scheduling
and controling”, CBS Publishers, 1998
4. Bennet P Lientz and Cathryn P Rea, “Project Management for 21 st Century”, Academic
Press, Latest Edition
5. Jerome D Weist and Sertinand K Levy, “A management guide to PERT/CPM”, Prentice
Hall India, 1998
6. Roy.Pilchar, “Appraisal &Control of Project costs”, McGraw Hill,Latest Edition.
7. Gary R Heerkens & Roger A Formisano, “Project Management’, McGraw Hill, 2001
8. Helene Geiger, “Project Management Fundamentals”, Element KLLC, 2000
EDP 630 FOREIGN TRADE (Credits –3)
OBJECTIVE
1. Learn the meaning, importance of foreign trade
2. Study international trade and payment system, Foreign trade contracts, documents
3. Understand foreign trade risk, exchange rate risk, hedging
4. Know the various export financing agencies, post shipment, WTO policies
Unit – I
Foreign trade – meaning – Importance – Advantages of foreign trade – exploring foreign
market sources.
Unit – II
Evaluating business for International trade – Planning production, finance, people, Fixed
assets, Market research for exporting and importing – sales planning
Unit – III
International trade and payment – Contractual terms for payment – Making and receiving
payment- Foreign trade contracts & Documents – Letter of credit – Bills of Exchange –
Transport documents – Bill of Lading – Airway Bill – Multimodal transport documents.
Unit – IV
Foreign trade risk – Currency exchange rate risk – Hedging risks – Forward contracts –
Currency futures and options - Managing transaction and translation exposure – Internal,
External Hedge. Interest rate risk – Hedging through swaps, FRAs and Options.
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