Taux, change et matières premières : gérer les risques financiers Taux, change et matières premières : gérer les risques financiers
Program overview
This training aims to enable participants to understand the logic of capital markets and to master the key issues of managing foreign exchange risk, interest rate risk, and commodity risk, as well as the main tools for managing these risks within a company.
Taux, change et matières premières : gérer les risques financiers
The program is aimed at:
Executives working in banks and financial institutions, entrepreneurs and business leaders, CFOs, management controllers, treasurers, risk managers, auditors, accountants, lawyers
Prerequisites:
This program requires a minimum level of knowledge in accounting and corporate finance, including understanding the various financial statements of the company (income statement, balance sheet, and cash flow statement) as well as sufficient knowledge of fundamental corporate finance mechanisms (discounting, capitalization, interest rates, etc.). Given that many terms used arein English, a good level of English is a plus.
* Net price, HEC Paris is not subject to VAT. Prices, dates, faculty, and program content are subject to change.
Objectives
Identify and quantify the main foreign exchange, interest rate, and commodity risks within a company
Master the key tools and techniques available to hedge these various risks
Programme
- Spot, forward, option;
- Roll-over/roll-off;
- Long/short concepts;
- Brokers and traders;
- Bid-ask spread;
- Volatility;
- Arbitrage;
- Delivery;
- Accounting impact of risk and hedge accounting concept;
- Legal and regulatory framework (EMIR/MIF2/CFTC/master agreement)
- Transactional risk
- Balance sheet risk / Intercompany loans
- Hedging foreign exchange M&A transactions
- Building a yield curve
- Hedging products
- Identifying interest rate risks within a company
- Managing interest rate risk within a company
- Accounting impacts under IFRS standards
- Major commodity futures markets and energy markets
- Understanding the linkages between physical and futures markets (focus on energy markets)
- Why and how to hedge?
Pedagogy
Pedagogy :
Designed for face-to-face instruction, this short program is based on recent practical case studies and team work to ensure individual and collective progression and the achievement of educational objectives
Download the brochure
Fields preceded by an * are mandatory. Failure to fill out the correct fields will delay your brochure request. By completing this form, you are giving consent to HEC Paris to collect your data in order to process your request for documentation, offer you its training programs and ensure their follow-up. You have a right to access, modify, oppose, delete, limit, transfer, and to inform us how you wish your personal data to be processed, in the event of your death, by contacting exed@hec.fr. Find out more about the management of your personal data and your rights
Register for the program
Fill in the form to check your eligibility and start the registration process.
This program is accessible for people with disabilities. Please contact us if you have any specific requirements or to obtain the Public Accessibility Register.
Funding options
Find out more about possible funding options for the program you have chosen.
