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About the course
The course takes place over 20 weeks and comprises ten core units. The units will be released every two weeks from the start of the course.
Assessment & Post Graduate Certification
At the end of each unit there is an assessment that will allow you to benchmark your growth in knowledge and understanding. For those wishing to receive a Post Graduate Certificate from Middlesex University, an additional marked assignment of 5000 words will also need to be submitted.
Each unit is now complimented by videos from the course director, Steve Cosham, taking you through the components of the course with particular emphasis on complex areas.
Case Studies, Worksheets & Practical Examples
As well as videos and module content, the course has an abundance of supporting course material to help you understand the complex risk management subject
Unit 1 - Financial Mathematics & Accounting
On completion of this unit, the successful participant will beable to:
- Understand the individual components of an interest rate
- Define which instruments are quoted on an accrual basis and which are quoted on a discount basis
Understand the impact of the following accounting principles on company accounts – Prudence, accruals, consistency, going concern, materiality
Unit 2 - Cash Management & Role of Treasury
Describe the role, and structure of a corporate treasury function
Outline the advantages of an efficient cash management process
Understand the importance of working capital to a corporation
Unit 3 - Working Capital & Liquidity Management
- Understand the methods of working capital finance available to a corporate
- Define the risks for a bank associated with working capital finance
- Understand the rationale for supply chain financing services and the benefits to both the anchors and spokes
Unit 4 - Accounting Services & Correspondent Banking
- Define the importance of KYC and AML procedures in protecting a bank
- Recognise the role of a correspondent bank and correspondent banking services
- Show an understanding of the mechanics of global payment systems
Unit 5 -Capital Raising - Debt and Equity Markets
- Define the key features of: T-bills, deposits, Certificates of Deposit and Commercial Paper
- Describe the conventions, terminology and regulation of differing bonds types
- Demonstrate how price and yield are calculated and the shortcomings of YTM
Unit 6 - Corporate Agency & Security Services
- Recognise the role and structure of the Securities Service, Custody and Trust Services function
- Describe how a trade or transaction is created and the rationale for the transaction
- Understand the role of the bank in the process of clearing, settling and safekeeping bank and client trades
Unit 7 - Foreign Exchange and Commodity Markets
- Explain what factors influence foreign exchange rates
- Define how spot rates are quoted: the base and quoted currencies
- Understand what a forward rate is and how forward rates are quoted
Unit 8 - Introduction to Trade Finance
- Understand the additional risks associated with trade finance transactions
- Recognise the role of the importer’s and exporter’s bank in trade finance transactions Understand the additional risks associated with trade finance transactions Understand the additional risks associated with trade finance transactions
Unit 9 - Clean Payments, Documentary Collections & Letters of Credit
- Outline Incoterms and the conditions of each term
- Define the “risk ladder” and methods of payment available within trade finance
Unit 10 - Standby Letters of Credit, Guarentees & Export Credit Agencies
- Understand the risk to the bank between the terms of the letter of credit, the SWIFT message and the actual transaction documents
- Recognise there are a number of variants to a standard letter of credit and the differences between them
Steve has 23 years banking experience, 14 years of which were overseas. He has for the past 17 years been involved in financial training. His banking career began in 1975, at NatWest working both within the branch network and financial control. In 1979, he accepted a RAF commission training as a ...
Videos and materials
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.