Day 1
Overview of Fixed Income (FI) Debt and Money Markets
Bond Mathematics and Trading Strategies
Interest Rate Derivatives
FX Market Terminology
FX Market Operations
FX Mathematics and Derivatives
Overview of Foreign Exchange Markets Cash & Spot Exchange Eurocurrency Markets Market Players, Inter-bank ,Corporates Mechanism of making a foreign payment Forex and Interest Rate markets
FEMA Regulations Factors affecting Exchange Rates
Trading in Foreign Exchange Markets Trading Procedure Management of International Trade Transaction Information Analysis for Trading Speculation International Transactions Financing Concept of Volatility in Forex Markets

Day 2
Forecasting Exchange Rates Various theories of forecasting Drawbacks associated with these theories Technical Analysis Real-time example
6. Value at Risk (VaR) Introduction to VaR Application of VaR in Forex Markets
7. Tools of Risk Management Forward/Futures/Swaps/FRA Options Types of options like range notes, spreads, knock-ins/outs/digital/barrier, leveraged etc Risk Return and Hedging Profile Product Structuring Actual illustration
8. Hedging in Forex Market Hedging through Forward/Futures/Options/Swaps Pricing of Options/Swaps/Forwards

Day 3
The Role And Function Of Treasury Management Overview of the main activities of treasury management in the private sector and public sector Treasury management activities in the private sector Treasury management activities in the public sector Introduction to Treasury risks
6. Value at Risk (VaR) Introduction to VaR Application of VaR in Forex Markets
Strategic Treasury Management How treasury has evolved since the financial crisis Aligning treasury strategy with organisational goals Treasury as strategic financial advisers to the organization Areas where treasury takes a leading role, including bank relationship management; short and long-term borrowing and financial risk management

Day 4
Managing Treasury Risks Risk management frameworks and the control environment Market risk Liquidity risk Currency risk Effective internal controls and governance in the treasury function
Practical Treasury Management Preparing cash flow statements Using ratio analysis Raising finance - debt versus equity The weighted average cost of capital (WACC)

Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Institute Ltd.