International financial management deals with the financial decisions that are taken in the area of international business. The growth of the International business is in the evident form of highly inflated size of international trade. International Financial management involves the proper management of international flow of funds.Thus, the two way flow of funds, outward in the form of investment and inward in the form of repartition divided, royalty, technical services fees, etc.,that are required for the proper management. Therefore, the study of International Finance Management becomes a real necessity