Forex Risk Management
Last date for registration: 14 Feb, 2020
End Date : 26 Feb, 2020
Early Bird Discount Date : 03 Feb, 2020
Residential Early Bird Fee(excluding GST) : Rs. 90,450
Non-Residential Fee(excluding GST) : Rs. 90,000
Non-residential Early Bird Fee(excluding GST) : Rs. 81,000
Forex Exchange Markets:
- Interest Rate differential and impact on Currency Rates
- Terminology and platforms for exchange rates for exporters/importers
- Factors Impacting Currency Rates
- Trends in FX Rates
Quantifying Foreign Exchange Risk
- Forex exposure and quantifying risk – Exporters and Importers perspective
- Platforms and Instruments in Foreign Exchange Risk Management
- Functions and participants of major forex markets
Trading on Foreign Exchange Markets:
- Understanding and application of forex derivatives – Forward contracts, Exchange traded Future and Options
- Structuring a hedging strategy
- Evaluation of various hedging instruments on real time basis
- Reducing Hedging costs
- Hedging mechanism using Exchange traded Derivatives
- Trading on Foreign Exchange Markets and Forecasting Exchange rates
Regulatory Environment:
- Regulatory framework pertaining to FX hedging
- Derivatives Accounting & Taxation
Post the program participants will be able to
- Gain knowledge about FX markets and available hedging platforms
- Calculate FX exposure accurately and quantifying the exact risk
- Bring efficiency in hedging their corporates foreign currency cash flows
- Construct hedging strategies
- Access to trading platforms
- Exposure to practical scenario
· Exporters & Importers
· Senior Financial Professionals
· Bankers and Executives from Public & Private sector units
· Export Promotion Councils and Consultants
· Faculty Members, Finance Students and professionals etc.
Sankarshan Basu is a Professor in the Finance and Accounting Area at the Indian Institute of Management Bangalore (IIMB). Starting April 2017, he is also the Chairperson of the Post Graduate Programme in Public Policy and Management. He has also served as the Chairperson of Career Development Services (April 2012 – March 2015) and Chairperson of Alumni Relations (January 2007 – September 2011) at IIMB.
Sankarshan’s areas of interest both in terms of research and teaching are Financial Calculus, Option Pricing, Fixed Income Securities and Markets, Portfolio Valuation, Applications of Quantitative Techniques to Finance, Insurance, Reinsurance, Risk Management, Banking and Pension Issues.
Sankarshan is a graduate of Presidency College, Calcutta and a Master’s degree holder from the Indian Institute of Technology, Kanpur. Both at the undergraduate as well as the postgraduate level, he was a student of Statistics. Further, he went on to obtain his Ph.D. in Statistics from the London School of Economics and Political Science specializing in Financial Applications of Statistics and Stochastic Processes.
Prior to joining the Indian Institute of Management Bangalore, Sankarshan was in the finance industry briefly, working in the Treasury operations of ICICI Ltd. (now ICICI Bank Ltd.) at their Mumbai offices. Before joining ICICI Ltd., he was a teaching faculty first in the Department of Statistics, London School of Economics and Political Science and then in the Department of Actuarial Mathematics and Statistics, Heriot Watt University, Edinburgh, U.K. Sankarshan has also been a Visiting Professor at the School of Accounting, Business and Public Administration at the University of Twente, The Netherlands, the School of Business, Economics and Law, Gothenburg University, Sweden, Asian Institute of Technology, Bangkok, Thailand and CFVG Ho Chi Minh City and Hanoi, Vietnam.
At IIM Bangalore, Sankarshan is involved in teaching courses on finance for PGP, EPGP, PGSEM, FPM and PGPPM students as well as conducting various executive development programs in the finance and insurance sectors. He is also actively involved in various consulting projects and also designs and conducts customized training programs for a number of companies and governmental agencies both in India and abroad. Sankarshan is also actively involved in various administrative activities at IIMB.
Sankarshan has visited a number of universities and research centers all over the world and has presented his works at a number of international conferences in Thailand, United States of America, the United Kingdom, France, Spain, Norway, Iran, Tunisia, Morocco, and Netherlands as well as in India. He also has to his credit a number of papers in various international journals of repute like Insurance: Mathematics and Economics, the Journal of Statistical Planning and Inference, the Journal of the Operations Research Society, Journal of Emerging Market Finance.
Sankarshan also is engaged with the financial markets in India and serves on the boards of The Clearing Corporation of India Limited and The BgSE Properties and Securities Limited.
INR 1,00,500/- Residential and INR 90,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.
Early Bird Discount
Nominations received with payments on or before 03-Feb-20 will be entitled to an early bird Discount of 10%.
- Early Bird Fee (Residential) INR 90,450/-(+ Applicable GST)
- Early Bird Fee (Non-Residential) INR 81,000/-(+ Applicable GST)
Please Note:
All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme. Kindly do not make your travel plans unless you receive the letter from IIMB.
A certificate of participation will be awarded to the participants by IIMB.
- The programme fee should be received by the Executive Education Office before the programme commencement date.
- In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.
- If a nomination is not accepted, the fee will be refunded to the person/ organisation concerned.