FCIB - MSU Foreign Exchange Management Online Course

October 10, 2010 • Duration - 4 weeks

FCIB - the premier association of executives in Finance, Credit and International Business - in partnership with Michigan State University, presents a unique educational opportunity to export professionals and companies.

About the Course

From entry-level professionals to senior-level executives – this four week, instructor-led course delivers vital, practical knowledge about Foreign Exchange (FX) Management – everything an international credit professional needs to know.

The course is designed to be of value to any company whose business takes place in a currency other than the home currency. Any company importing or exporting products is exposed to foreign exchange risk. Indeed, even if a company manufactures and sells in the same country it could have significant economic exposure to changing foreign exchange rates.

A common problem in managing FX exposure is that companies only realize they have risk after the exposure has been generated. It is important that currency risk management begins before the exposures are generated otherwise fundamental operating decisions may have been made based on incomplete information. This course will help working professionals solve the foreign exchange risk management dilemma.

The course includes practical examples applicable to the corporate credit manager and others assessing the risk of transactions impacted by foreign currency issues.

Course Completion Requirements: Below is a list of requirements students need to meet in order to receive credit and a certificate of completion for having successfully completed the Foreign Exchange Online Course.

Score 70% or higher on the Module Quizzes
Participate in the online discussion
Complete the program evaluation

The Experience

Course topics include:

The Foreign Exchange Market
Introduction and Key Factors in Understanding the FX market
FX Instruments

FX Transactions
Forward FX
Futures
FX Swaps
Options

Identifying and Hedging FX Exposure
Implications and Techniques for Hedging FX Exposure
Managing FX Exposure – Policy and Controls
Defining FX Exposure Risk Policy for an Organization and Measuring FX Exposure Risk Controls
….and much more

Reserve your space in the virtual classroom – class is limited to 30 students.

→ About the Course
→ Fees
→ CICP Points

What Students are Saying

“Well organized and easy to understand. A good learning tool to help everyone understand that even if you don't invoice in foreign currencies, you still are subject to FX risk.”
Ardith Rouse, CICP , Wolverine World Wide, Inc.

“Our world is becoming more global and there is no stopping this trend. As a credit manager, I feel the need to become more aware of the changing environment that my company is expanding into. As my company grows, it must grow outside of the confines of the US and this course has helped prepare me for my changing role as an international credit manager and risk assessor.”
Mary Beth Owens, CICP, Waxman Consumer Products

“The FCIB online Foreign Exchange Management course provided excellent overall insight into the inner workings of foreign exchange management. I will definitely be able to use the knowledge I gained in my future career path.”
David Kirsch, CCE, CICP, CTP, Hitachi Data Systems

“This course provides an excellent overview of the risks companies are exposed to by fluctuations in foreign exchange rates, both directly and indirectly, and tools for measuring and managing these risks. Credit managers will learn how to create a risk management policy that reflects the level of risk the company is comfortable with.”
Walter Baker, Trade Finance Strategies

About FCIB
Home
Contact Us