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B-COM in International Finance at CHRIST (Deemed to be University)
Bengaluru, Karnataka
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About the Specialization
What is International Finance at CHRIST (Deemed to be University) Bengaluru?
This B.Com International Finance program at CHRIST, Bengaluru, focuses on equipping students with expertise in global financial markets, international trade, and cross-border financial operations. It is particularly relevant in India''''s increasingly globalized economy, where understanding international financial mechanisms is crucial for businesses. The program''''s comprehensive curriculum covers theoretical foundations and practical applications essential for navigating the complexities of international finance.
Who Should Apply?
This program is ideal for fresh graduates from 10+2/PUC who possess a strong aptitude for numbers and an interest in global economic trends. It also caters to aspiring professionals seeking entry into international banking, financial services, or corporate finance roles within multinational companies. Individuals aiming to pursue advanced studies in finance, economics, or business administration will also find this foundation highly beneficial.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India and abroad, including roles as financial analysts, international banking officers, treasury managers, and foreign exchange dealers. Entry-level salaries in India typically range from INR 3-6 lakhs per annum, with significant growth potential up to INR 10-20 lakhs or more for experienced professionals in leading financial institutions. The curriculum aligns with foundational knowledge for certifications like CFA or FRM.
Student Success Practices
Foundation Stage
Master Financial Accounting Fundamentals- (Semester 1-2)
Develop a strong conceptual understanding of accounting principles, journal entries, ledger posting, and preparation of final accounts. Regularly solve practical problems from textbooks and previous year question papers. Seek clarification on complex topics from faculty.
Tools & Resources
Tally ERP, Excel for basic accounting statements, Reference books like M.C. Shukla
Career Connection
A solid accounting foundation is indispensable for all finance roles, forming the basis for financial analysis, reporting, and management, crucial for entry-level positions in finance departments.
Enhance Business Communication & Ethics- (Semester 1-2)
Actively participate in English language classes, focusing on written reports, presentations, and group discussions. Read business newspapers like The Economic Times and Business Standard daily to improve vocabulary and understanding of current affairs. Internalize ethical frameworks taught in Business Ethics.
Tools & Resources
Grammarly, LinkedIn Learning for presentation skills, Business news apps, University library''''s collection on business ethics
Career Connection
Strong communication skills are vital for corporate interactions, client management, and effective teamwork. Ethical grounding is paramount for trustworthiness and long-term career success in the financial sector.
Build Quantitative & Economic Acumen- (Semester 1-2)
Focus diligently on Business Economics and Financial Literacy. Understand macro and microeconomic concepts, market dynamics, and personal finance strategies. Practice problem-solving in economics to develop analytical thinking.
Tools & Resources
NCERT Economics textbooks for basics, Online economic news portals, RBI website for financial literacy resources
Career Connection
A strong grasp of economics is fundamental for understanding market movements, investment decisions, and financial policy, setting the stage for roles in financial analysis and market research.
Intermediate Stage
Excel in Core Financial Management & Markets- (Semester 3-5)
Deep dive into Financial Management, Investment Management, and Financial Systems & Markets. Solve case studies on capital budgeting, working capital, and portfolio theory. Actively track Indian stock market indices (Nifty, Sensex) and global financial news.
Tools & Resources
Bloomberg Terminal (if available at university), moneycontrol.com, investopedia.com, financial calculators
Career Connection
Proficiency in these subjects directly prepares students for roles in investment banking, portfolio management, equity research, and treasury operations in both Indian and international firms.
Engage in Industry-Relevant Projects & Internships- (Semester 3-5)
Seek out summer internships in financial services firms, banks, or corporate finance departments. Actively participate in departmental projects, research papers, and case study competitions related to international finance, derivatives, or capital markets.
Tools & Resources
University career services, LinkedIn for networking, Company websites for internship applications
Career Connection
Practical exposure through internships and projects provides real-world experience, builds a professional network, and significantly enhances resume strength for placements in India''''s competitive financial sector.
Develop Analytical Skills for Derivatives & Risk- (Semester 4-5)
Master concepts of derivatives (options, futures, swaps) and various risk management techniques. Practice pricing models and hedging strategies. Consider pursuing certifications relevant to risk management.
Tools & Resources
Financial modelling in Excel, Basic coding for quantitative finance (e.g., Python), Coursera/edX courses on derivatives
Career Connection
These skills are highly valued in roles like risk analyst, derivatives trader, and quantitative analyst in investment banks and hedge funds, which are growing in India.
Advanced Stage
Specialize in International Finance & Trade- (Semester 6)
Focus intensely on International Financial Management, International Banking, and International Trade Finance. Understand global economic policies, foreign exchange dynamics, and trade payment mechanisms. Prepare a strong project report in an international finance area.
Tools & Resources
IMF and World Bank reports, EXIM Bank resources, Detailed case studies on global financial crises
Career Connection
This specialization directly leads to roles in global treasury, trade finance departments of banks, international business operations, and import-export finance companies in India.
Master Tax Laws and Wealth Management- (Semester 5-6)
Gain comprehensive knowledge of Indian Income Tax, GST, and Customs Duty. Understand the principles of personal financial planning, asset allocation, and wealth creation strategies. Advise friends/family on basic tax planning or investment.
Tools & Resources
Income Tax Department portal, GST Council website, Financial planning software
Career Connection
Essential for roles in tax consultancy, financial advisory, wealth management, and personal financial planning, addressing a significant demand in the Indian market.
Ace Placements with Mock Interviews & Networking- (Semester 5-6)
Actively participate in campus placement drives, attending workshops on resume building, group discussions, and mock interviews. Network with alumni and industry professionals through career fairs and LinkedIn. Refine soft skills and general awareness of current affairs.
Tools & Resources
University placement cell, Online interview preparation platforms, Professional networking events
Career Connection
This stage is critical for securing desirable job offers in leading Indian and multinational companies, leveraging all learned knowledge and skills for a successful career launch.
Program Structure and Curriculum
Eligibility:
- A pass at the 10+2 level (ISC/CBSE/NIOS/State Boards) with an aggregate of 60% marks from any recognised Board in India. The candidates writing their final year examination are also eligible to apply. No age limit.
Duration: 6 semesters / 3 years
Credits: 132 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BIF131 | Language (English) | Core | 3 | Communication Skills, Language Structure, Reading Comprehension, Writing Skills, Grammar and Usage |
| BIF132 | Language (Additional English/Kannada/Hindi/French/German/Spanish) | Core | 3 | Basic Grammar, Vocabulary Development, Reading Practice, Simple Sentence Construction, Cultural Aspects of Language |
| BIF133 | Financial Accounting I | Core | 4 | Accounting Concepts and Principles, Journal and Ledger, Trial Balance, Final Accounts of Sole Proprietor, Rectification of Errors, Accounting for Non-Profit Organisations |
| BIF134 | Principles of Management | Core | 4 | Nature and Scope of Management, Planning and Decision Making, Organizing and Staffing, Directing and Leading, Controlling and Coordination, Managerial Ethics |
| BIF135 | Business Economics - I | Core | 4 | Introduction to Microeconomics, Demand and Supply Analysis, Consumer Behaviour, Production and Cost Analysis, Market Structures and Pricing, Factor Pricing |
| BIF136 | Financial Literacy | Core | 2 | Personal Finance Basics, Budgeting and Saving, Investment Products, Insurance and Risk Management, Digital Transactions and Security, Financial Planning |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BIF231 | Language (English) | Core | 3 | Advanced Communication Strategies, Report Writing, Public Speaking and Presentations, Group Discussions, Interview Skills, Technical Writing |
| BIF232 | Language (Additional English/Kannada/Hindi/French/German/Spanish) | Core | 3 | Intermediate Grammar and Syntax, Advanced Vocabulary Acquisition, Reading Longer Literary/Non-Literary Texts, Essay and Paragraph Writing, Conversational Fluency and Pronunciation, Cultural Nuances |
| BIF233 | Financial Accounting II | Core | 4 | Partnership Accounts, Company Accounts - Shares and Debentures, Branch Accounting, Departmental Accounts, Amalgamation and Reconstruction, Royalty Accounts |
| BIF234 | Marketing Management | Core | 4 | Marketing Environment, Consumer and Industrial Buyer Behaviour, Market Segmentation, Targeting, Positioning, Product Life Cycle and Development, Pricing Strategies, Promotion and Distribution Channels |
| BIF235 | Business Economics - II | Core | 4 | Introduction to Macroeconomics, National Income Accounting, Theories of Employment and Income, Inflation and Deflation, Monetary and Fiscal Policy, Business Cycles |
| BIF236 | Business Ethics and Corporate Governance | Core | 2 | Ethical Theories and Principles, Corporate Social Responsibility, Ethical Dilemmas in Business, Corporate Governance Frameworks, Role of Board and Stakeholders, Ethics in Decision Making |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BIF331 | Corporate Accounting | Core | 4 | Share Capital and Debentures, Redemption of Preference Shares and Debentures, Final Accounts of Companies, Cash Flow Statement (AS-3), Valuation of Goodwill and Shares, Accounting for Amalgamation |
| BIF332 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Job, Batch and Contract Costing, Process and Service Costing |
| BIF333 | Financial Management | Core | 4 | Nature and Scope of Financial Management, Capital Budgeting Decisions, Cost of Capital, Capital Structure Theories, Leverages, Dividend Policy |
| BIF334 | Management and Cost Accounting | Core | 4 | Analysis of Financial Statements, Fund Flow Statement, Cash Flow Statement (Advanced), Ratio Analysis, Marginal Costing and Break-Even Analysis, Budgetary Control |
| BIF335 | Business Statistics | Core | 4 | Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis, Index Numbers |
| BIF336 | Financial Systems and Markets | Core | 4 | Indian Financial System Overview, Money Market Institutions and Instruments, Capital Market Institutions and Instruments, Stock Exchange Operations, Role of SEBI, Financial Intermediaries |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BIF431 | Advanced Corporate Accounting | Core | 4 | Accounting Standards (Ind AS), Consolidated Financial Statements, Segment Reporting, Human Resource Accounting, Inflation Accounting, Corporate Financial Reporting |
| BIF432 | International Financial Management | Core | 4 | Global Financial Environment, Exchange Rate Regimes, Foreign Exchange Markets, International Capital Budgeting, Currency Exposure and Risk Management, International Working Capital Management |
| BIF433 | Investment Management | Core | 4 | Investment Environment and Process, Risk and Return Analysis, Equity Valuation, Bond Valuation, Portfolio Management Theories, Mutual Funds and ETFs |
| BIF434 | Derivatives and Risk Management | Core | 4 | Introduction to Derivatives, Forward and Futures Contracts, Options Contracts and Strategies, Swaps and Other Derivatives, Option Pricing Models (Black-Scholes), Hedging and Speculation with Derivatives |
| BIF435 | Entrepreneurship Development | Core | 2 | Concept of Entrepreneurship, Entrepreneurial Process, Business Plan Formulation, Startup Funding and Venture Capital, Innovation and Creativity, Small Business Management |
| BIF436 | Income Tax - I | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Deductions from Gross Total Income, Tax Planning Basics |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BIF531 | Research Methodology | Core | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing and Ethics in Research |
| BIF532 | International Business | Core | 4 | Globalization and International Business, Theories of International Trade, Balance of Payments, Foreign Direct Investment, Regional Economic Integration, WTO and Trade Policy |
| BIF533 | Banking Law & Operations | Core | 4 | Banking Regulation Act, Negotiable Instruments Act, Banker-Customer Relationship, Types of Accounts and Deposits, Lending Operations and Credit Management, Digital Banking and KYC Norms |
| BIF534 | International Banking & Foreign Exchange Management | Core | 4 | International Banking Operations, Correspondent Banking and SWIFT, EXIM Bank and Export Financing, Foreign Exchange Market Dynamics, Exchange Rate Determination Theories, Forex Dealing and Risk Mitigation |
| BIF535 | Capital Markets & Financial Services | Core | 4 | Primary Market Operations (IPOs, FPOs), Secondary Market Trading, Merchant Banking, Mutual Funds and Asset Management, Insurance Services, Venture Capital and Private Equity |
| BIF536 | Income Tax - II | Core | 4 | Income from Business and Profession, Capital Gains, Income from Other Sources, Set-off and Carry-forward of Losses, Clubbing of Income, Assessment Procedures and Penalties |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BIF631 | International Trade Finance | Core | 4 | Methods of Payment in International Trade, Documentary Credits (L/C), Export and Import Finance, EXIM Policy and Procedures, ECGC and Trade Guarantees, Role of DGFT |
| BIF632 | International Accounting | Core | 4 | Harmonization of Accounting Standards, International Financial Reporting Standards (IFRS), US GAAP vs. IFRS, Foreign Currency Translation, Consolidated Financial Statements in IB, Disclosure Practices in Multinational Corporations |
| BIF633 | Wealth Management | Core | 4 | Financial Planning Process, Asset Allocation Strategies, Retirement Planning, Estate Planning, Real Estate and Alternative Investments, Behavioral Finance |
| BIF634 | Goods & Services Tax (GST) and Customs Duty | Core | 4 | Introduction to GST, GST Registration and Input Tax Credit, Types of GST (CGST, SGST, IGST), Customs Duty Act and Valuation, Import and Export Procedures, Anti-dumping Duty and Safeguard Duty |
| BIF635 | Project Report & Viva Voce | Core | 4 | Research Problem Identification, Literature Review and Hypothesis Formulation, Methodology and Data Analysis, Findings, Conclusions and Recommendations, Report Writing and Referencing, Presentation and Oral Examination Skills |
| BIF641 | Skill Enhancement Course (Open Elective) | Elective | 2 | Communication Skills for Professionals, Problem Solving and Critical Thinking, Digital Literacy and Tools, Personal Effectiveness and Time Management, Teamwork and Collaboration, Career Planning |
