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  Foreign Exchange, Treasury and Risk Management  
  Introduction  
  Managing foreign exchange risk is a fundamental component in the safe and sound management of all institutions that have exposure in foreign currencies. It involves prudently managing foreign currency positions, in order to control, within set parameters the impact of foreign exchange rates on the financial position of the institution. Generally, a companies’ Board of Directors needs to have a means of ensuring compliance with the foreign exchange risk management program, this is done normally through periodic reporting by inspectors/auditors. These risk management practices are widely used in public and private sectors, covering a wide range of activities or operations. It is now an integral part of business planning.  
  Course Objective  
 

The 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. It also provides an overview of structure and key functions of the treasury. The emphasis is on developing skill sets which would be required for making sound financial decisions in an international context. The course endeavors to cover briefly the concepts and benefits of using risk management practices particularly in foreign exchange and treasury management.

 
  Target audience:
  • Associate Members
  • Officers of PSUs & Govt. (Central & State) working in finance function (Subject to the approval from the respective departments)
 
  Course Outline  
  Module 1
  • International Financial Management
  • Determination of Exchange rates
  • Introduction to Currency Derivatives
  • Forex Arithmetic
  • Merchant Rates
  • International Finance Arbitrage
  • Introduction to Currency Derivatives
  • Forex Risk Management
  • Internal Hedging techniques
  • Valuation of Derivative instruments and arbitrage strategies
  
  Module 2
  • Export Finance
  • Import regulations
  • R-return and Documentary credit
  • Forex rate forecasting
  • Foreign Direct Investment and Joint ventures
  Module 3
  • Money Market, Bond Market
  • Treasury Management
  • Interbank dealing and risk management
  • Ethics and Compliance
  
  Case studies
  • Asian Financial Crises 1997
  • Treasury operations in SBI, BOI, BOB, PNB and ICICI bank
  • Treasury operations in IOCL, Ranbaxy and RIL
 
     
     
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