Syllabus Of TM-
1. Introduction to Treasury Management:
- Definition and objectives of treasury management.
- Role of the treasurer in an organization.
- Importance of cash and liquidity management.
2. Financial Markets and Instruments:
- Overview of financial markets (money market, capital market, foreign exchange market).
- Understanding financial instruments (bonds, stocks, derivatives, etc.).
3. Cash Flow Forecasting:
- Techniques for forecasting cash flows.
- Short-term and long-term forecasting.
- Cash budgeting and variance analysis.
4. Liquidity Management:
- Maintaining optimal cash balances.
- Cash concentration and disbursement techniques.
- Liquidity risk management.
5. Working Capital Management:
- Managing accounts receivable and accounts payable.
- Inventory management.
- Financing working capital needs.
6. Foreign Exchange Risk Management:
- Managing currency risk in international operations.
- Hedging strategies (forward contracts, options, swaps).
- Exchange rate forecasting.
7. Interest Rate Risk Management:
- Understanding interest rate risk.
- Strategies for managing interest rate risk.
- Interest rate derivatives.
8. Investment Management:
- Short-term and long-term investment strategies.
- Risk-return trade-offs in investment decisions.
- Investment policy statements.
9. Capital Structure and Funding:
- Debt vs. equity financing decisions.
- Cost of capital.
- Raising capital through debt issuance or equity issuance.
10. Regulatory and Compliance Issues:
– Banking regulations and compliance.
– Tax considerations.
– Ethical and legal aspects of treasury management.
11. Technology in Treasury Management:
– Treasury management systems (TMS).
– Electronic payment systems.
– Data security and fraud prevention.
12. Case Studies and Practical Applications:
– Real-world examples and case studies.
– Hands-on experience with treasury management tools and software.
13. Risk Management and Insurance:
– Evaluating and mitigating various financial risks.
– Insurance as a risk management tool.
14. Treasury Reporting and Performance Measurement:
– Key performance indicators (KPIs) for treasury management.
– Reporting and analytics tools.