Certificate Course On Forex And Treasury Management

The Committee on Financial Markets and Investors’ Protection is one of the Non-Standing Committees of the ICAI which conducts Certificate Course on Forex and Treasury Management (FXTM) for professional development of members in this field.

This course covers foreign exchange market, money market, bond market operations and related financial products. It therefore analyses the international finance environment within which banks, other intermediaries and companies operate and how it affects their operations in treasury.

Sound treasury management utilizes the right financial products and tools for minimizing risk. The course examines alternative strategies and techniques that can be employed to manage the risks associated with international business transactions and other treasury operations. It also provides an overview of the structure and key functions of the treasury.

Learning Objectives:

• To have a contextual appreciation of the changes taking place in the global financial market, the issues facing the corporate financial manager, the development of academic theory and of practice in explaining and managing the financial risk which these changes bring.
• Understand and conquer the complexities of FX and treasury management
• Be able to solve integrated and practical treasury problem
• Identify and evaluate exchange rate risks facing domestic and multinational companies
• Apply and evaluate alternative methods for managing foreign exchange
• Be able to use forex derivatives to hedge forex risk
• Be able to structure the finances of foreign operations
• Be able to make international capital budgeting decisions
• Demonstrate the ability to manage cash and liquidity in multinational organisation
• Be able to make short term investment decisions
• Be able to use money market instruments, bond market instruments and manage interest risk using derivatives
• Be able to understand linkages between money market and Forex market
• Demonstrate understanding of ethical and compliance issues