cooperation with the faculty of INSEAD. The aim of this one-week course is to provide the participants with the analytical and practical tools necessary to manage foreign exchange and interest rate risk. We start off with a general overview of the relevant markets and the measurement of risk. Next, we provide in-depth coverage of relevant derivative instruments. Finally, we will address the usefulness of these instruments in managing financial risk. Hedging issues will receive detailed attention. Professionals from a corporate, banking or consultant environment. For less experienced is recommended Foundations of Finance course be attended prior to this course. Mon. Interest Rate Risk.
Techniques to Measure Financial Risk. Futures and Forwards: Pricing and Hedging. Wed.
Options: Pricing and Hedging. Thu.
Swaps: Pricing and Hedging. Friday
Managing Interest Rate Risk: Applications. Managing Currency and Commodity Risk.