ABOUT THE COURSE

This course is a 2-day course based on Australia's longest running treasury management course. It covers cash management, funding, liquidity, foreign exchange, interest rates, treasury policies and procedures and credit risk management.

The course is updated regularly to reflect changing transactions, regulations and trends in financial markets and corporate financial risk management.

The FRM course is offered in 2 formats:
- A classroom course conducted over 2 days
- A teleconference course conducted on “Zoom” over 8 days with sessions of approximately 2 hours. The dates and times of the sessions are agreed up-front in consultation with the participants. Contact us to register your interest.

CLASSROOM AGENDA

Day 1

• Cash management
• Corporate funding
• Liquidity management
• Market risk management
• Foreign exchange terminology and conventions
• Forward foreign exchange
• Foreign exchange swaps

Day 2

• How corporations manage FX risk
• Financial mathematics
• Yield curves
• Interest rate swaps
• Interest rate risk management
• Policies, procedures and key controls
• Managing credit risk

COURSE INCLUDES

• Comprehensive course manual and tuition
• Lunches, morning and afternoon teas on course attendance days
• Samples of policies, procedures and excel spreadsheets
• A Certificate of Completion stating the professional development hours

Course fee

2-day classroom TBA on request

WHO SHOULD ATTEND?

• Corporate Treasurers
• Chief Financial Officers
• General Managers Finance
• Financial Controllers
• Corporate Accountants
• Corporate Dealers
• Auditors
• Lawyers
• Consultants
• Business Proprietors and Directors
• Public and Private sector decision makers

ABOUT THE COURSE

Volatility in Foreign Exchange (“FX”) markets changes unpredictably and often causes significant corporate losses. The FX Risk Management course is focussed on explaining how corporations identify, quantify, manage and report FX risk and addresses the issues involved and how corporations can, through prudent hedging programs, help mitigate losses associated with movements in FX rates. It also provides an introduction to “value-at-risk” and how it can be used to quantify and manage FX risk in a corporate treasury. FX risk management policies and procedures and credit risk management are also addressed including examples.

The FX Risk Management course is offered as a teleconference course conducted on “Zoom” over 4 days with sessions of approximately 2 hours on each day. The dates and times of the sessions are agreed up-front in consultation with the participants. Contact us to register your interest.

COURSE PROGRAM

Session 1

Market Risk Management

• The risk/return trade-off and risk appetite
• Emotive influences
• The concepts of value-at-risk

FX Terminology and Conventions

• FX market structure
• Value dates
• Bid/offer spread

Session 2

Forward Foreign Exchange

• Estimating the forward points
• Extending and pre-delivering contracts
• Interest rate swaps

Foreign Exchange Swaps

• Historical rate rolls
• Pricing FX swaps
• Applications for FX swaps

Session 3

How Corporations Manage FX Risk

• Transaction, translation, economic FX risk
• Importers v Exporters
• FX risk management strategies

Session 4

Policies, Procedures and Key Controls

• What makes a good policy (examples)
• Examples of procedures manuals
• Key controls and checklists

Managing Credit Risk

• The meaning of credit ratings
• Types of credit exposures
• Credit concentration risk

COURSE INCLUDES

• Comprehensive course manual and tuition
• Lunches, morning and afternoon teas on course attendance days
• Samples of policies, procedures and excel spreadsheets
• A Certificate of Completion stating the professional development hours

Course fee

4x2 hour Zoom sessions TBA on request

WHO SHOULD ATTEND?

• Corporate Treasurers
• Chief Financial Officers
• General Managers Finance
• Financial Controllers
• Corporate Accountants
• Corporate Dealers
• Auditors
• Lawyers
• Consultants
• Business Proprietors and Directors
• Public and Private sector decision makers

ABOUT THE COURSE

For the 3 decades before 2022 interest rate movements were predominantly one-way – DOWN. That period also saw historically low interest rates resulting in many corporations suspending interest rate risk management activities and thereby losing the knowledge, skills and expertise to manage interest rate risk efficiently and effectively.

The Interest Rate Risk Management course is focussed on explaining how corporations identify, quantify, manage and report interest rate risk and addresses the issues involved and how corporations can, through prudent hedging programs, help mitigate losses associated with movements in interest rates. It also provides an introduction to “value-at-risk” and how it can be used to quantify and manage interest rate risk in a corporate treasury. Interest rate risk management policies and procedures and credit risk management are also addressed including examples.

The Interest Rate Risk Management course is offered as a teleconference course conducted on “Zoom” over 4 days with sessions of approximately 2 hours on each day. The dates and times of the sessions are agreed up-front in consultation with the participants. Contact us to register your interest.

COURSE PROGRAM

Session 1

Market Risk Management

• the risk/return trade-off and risk appetiteM
• emotive influences
• the concepts of value-at-risk

Financial Mathematics

• Present value v future value
• Simple v compound interest
• Zero coupon bonds

Session 2

Yield Curves

• Constructing a yield curve
• The important forward curve
• Are yield curves accurate predictors?

Interest Rate Swaps

• Fixed for floating interest rate swaps
• Cross-currency interest rate swaps
• How to use swaps

Session 3

How Corporations Manage Interest Rate Risk

• How much to hedge
• How long to hedge
• Which approach works best?

Session 4

Policies, Procedures and Key Controls

• What makes a good policy (examples)
• Examples of procedures manuals
• Key controls and checklists

Managing Credit Risk

• The meaning of credit ratings
• Types of credit exposures
• Credit concentration risk

COURSE INCLUDES

• Comprehensive course manual and tuition
• Lunches, morning and afternoon teas on course attendance days
• Samples of policies, procedures and excel spreadsheets
• A Certificate of Completion stating the professional development hours

Course fee

4x2 hour Zoom sessions TBA on request

WHO SHOULD ATTEND?

• Corporate Treasurers
• Chief Financial Officers
• General Managers Finance
• Financial Controllers
• Corporate Accountants
• Corporate Dealers
• Auditors
• Lawyers
• Consultants
• Business Proprietors and Directors
• Public and Private sector decision makers