Course
Treasury Products and Theory & Practices
Led by Mahendra Mehta · Financial risk management, Credit and operational risk measurement, Modeling, Risk mathematics, Derivatives Specialist
Dates coming soon
$3,100.00
per seat
No upcoming sessions yet. Leave your details and we'll email you when booking opens — no account needed.
About this program
The course discusses various treasury products such as Foreign exchange products like cash, forwards, swaps, options etc. The course also discusses basic analytical tools to grasp important treasury functions like understanding volatility, duration, convexity
Overview
The course discusses various treasury products such as Foreign exchange products like cash, forwards, swaps, options etc. The course also discusses basic analytical tools to grasp important treasury functions like understanding volatility, duration, convexity etc. Participants will also obtain an understanding of the market players and their imperatives, a familiarity with the major product types and their uses and a level of comfort with financial terminology and jargon.
The course is suitable for:
- Newly recruited treasury staff
- Risk managers
- Traders & Dealers
- Back office officers
- Middle office officers
- Financial controllers
- Accounting personnel
- IT personnel
- Key technology people involved in system development
- Auditors
- Relationship managers who get involved in selling the products to the customers.
Benefits of attending:
1. Learn all basic treasury products such as FX, Swaps, Options, Zero coupon methodology for pricing, Valuation and risk Management process
2. Comprehend basic statistics & mathematics & their application in treasury business
3. Learn what is the risk involved in treasury products
Curriculum
Day 1
- Session 1: Treasury Overview
- Introduction
- Overview of the treasury
- Bank as an intermediately
- What does the ‘Treasury’ do?
- Treasury’s Role in a bank
- Key factors in Treasury Management
- Why is liquidity management important?
- Who are the players?
- Important treasury functions – Summary
- Treasury Products
- Working in Treasury
- Session 2: Analytical Framework for Understanding Treasury Products
- Basic statistics
- Role of statistics in finance
- Data classification
- Data analysis
- Single variable - Measurement and analysis
- Multiple variable - Measurement and analysis
- Measuring returns
- Graphical data presentation and interpretation
Day 2
- Session 1: Some important statistical measures
- Session 2: Application of statistics in measuring market conditions
- Normal & Log normal distribution
- Characteristics of Normal and Log Normal Distribution
- Session 3: Standard normal distribution
- Understanding volatility
- Session 4: Comprehension of confidence interval
- Multiple factor risk measurement
- Variance of two market variables
- Variance of multiple market factors
- Risk at portfolio level
Day 3
- Session 1: Introduction to Brief Review of Some Basic Concepts important to Treasury
- Time value of Money – Mathematics
- Simple Interest Calculations
- Why money has time value?
- Compounding and discounting
- Basics of simple and compound interest rate calculations
- Basic Interest – Cash flow diagram
- Simple Interest calculations
- Basic Concepts – compound Interest
- Impact compound interest
- Mathematics – Compound interest calculations
- Double your money – simple formula
- Concept of present value & discount factor
- Interest & discount rates
- Session 2: Foreign Exchange Market Products
- A review of foreign Exchange Market
- How the FX market operates?
- How spot rates are quoted?
- How forward rates are quoted?
- Spot Foreign Exchange Transactions
- Direct and Indirect quotes
- Session 3: Forward Foreign Exchange Transactions
- Introduction
- Derivative Contracts
- Definition of a forward Contract
- Calculation of Forward contract
- Interest rate parity equation
- Concept & Calculations of Swap points
- Forward options
- Forwards and Futures Contract
- Foreign Exchange Swaps
- Split value date transactions
- Deep discount instruments
Day 4
- Session 1: Money Market
- A review of Money Market
- Reasons for existence of Money Markets
- Role & Nature of money market
- Major Money Market Instruments
- Money Market Participants
- Characteristics of Money Markets Instruments
- Session 2: Money Market Derivative instruments
- Session 3: Capital Markets
- Fixed Income bonds
- Elements of a bond
- Bond Price
- Coupon paying bonds
- Bond price dynamics
- Price yield relationship of a bond
- Session 4: Interest Rate Swaps
- Interest Rate swaps
- Development of Swaps Markets
- Conventions and Swaps Jargon
Day 5
- Session 1: The overview of derivative markets
- What are derivative products?
- What are the general risks in these products?
- Gearing and leverage
- Session 2: Forward Rate Agreement
- Introduction
- What is an FRA?
- FRA as Hedging and speculation tool
- Pricing & Hedging with FRA
- Risk it FRA and its Management
- Session 3: Interest Rate Swaps Contracts
- Introduction
- Overview of the Swap Markets
- Definition of Interest rate and cross currency swaps
- Interest rate swaps
- Pricing of swaps
- Session 4: Long-Term Currency Swaps
- The overview of the swaps market
- Creating long-dated FX contracts
- Long-term foreign currency funding
- Session 5: Conclusion & Summary
InstructorMahendra MehtaFinancial risk management, Credit and operational risk measurement, Modeling, Risk mathematics, Derivatives Specialist
has been involved in consultancy and teaching on various financial topics focusing primarily on financial risk management, which includes market, credit and operational risk measurement, modeling, Risk mathematics, derivative pricing and valuation mathematics and analytics its management and modeling, Enterprise Risk Management, development and implementation of policies, processes and procedures in the businesses.