Treasury Course

Lesson 1 • Regulatory and Compliance Environment

Introduces the regulatory landscape affecting treasury operations globally. Builds awareness of compliance obligations that shape treasury decisions.

Lesson 2 • Role and Scope of Treasury

Defines treasury's mandate within a corporate structure and its relationship to finance. Sets the conceptual baseline for all subsequent chapters.

Lesson 3 • Core Treasury Functions Overview

Maps the primary treasury activities: liquidity, funding, risk, and investments. Provides a framework students will deepen throughout the course.

Lesson 1 • Cash Flow Forecasting Fundamentals

Covers direct and indirect forecasting methods and their appropriate use cases. Accurate forecasting underpins every liquidity decision in this chapter.

Lesson 2 • Daily Cash Positioning

Teaches intraday cash monitoring, bank balance reconciliation, and same-day funding decisions. Connects operational discipline to liquidity risk reduction.

Lesson 3 • Liquidity Risk and Contingency Planning

Identifies liquidity risk drivers and frameworks for stress testing and contingency funding. Prepares students to protect the enterprise against sudden cash shortfalls.

Lesson 4 • Working Capital Optimization

Links treasury cash management to accounts receivable, payable, and inventory cycles. Students learn to reduce the cash conversion cycle through cross-functional levers.

Lesson 1 • Bank Selection and Evaluation

Covers criteria for selecting banking partners, including credit quality and service capability. Builds a structured approach to request-for-proposal processes.

Lesson 2 • Counterparty Risk in Banking

Addresses exposure concentration risk with banking partners and mitigation strategies. Connects to broader financial risk management introduced in later chapters.

Lesson 3 • Bank Fee Analysis and Negotiation

Explains bank account analysis statements and cost benchmarking techniques. Equips students to negotiate favorable pricing and service-level agreements.

Lesson 1 • Portfolio Management and Reporting

Teaches how to monitor and report a short-term investment portfolio against policy benchmarks. Reinforces governance discipline established in the investment policy section.

Lesson 2 • Short-Term Investment Instruments

Surveys money market instruments including treasury bills, commercial paper, and repos. Students match instrument characteristics to specific liquidity needs.

Lesson 3 • Investment Policy Framework

Establishes the principles of safety, liquidity, and yield that govern short-term investing. Provides the policy foundation before instrument selection is addressed.

Lesson 1 • Risk Measurement and Reporting

Teaches quantitative tools including Value at Risk, sensitivity analysis, and scenario testing. Enables students to produce board-ready risk reports.

Lesson 2 • Foreign Exchange Risk Management

Covers transaction, translation, and economic FX exposures and hedging strategies. Students quantify exposures and select appropriate hedging instruments.

Lesson 3 • Commodity and Other Market Risks

Addresses commodity price risk relevant to treasury and its hedging approaches. Broadens the risk framework beyond FX and interest rates.

Lesson 4 • Risk Management Framework

Introduces the identify-measure-manage-report cycle as the backbone of treasury risk practice. Establishes vocabulary and process used throughout this chapter.

Lesson 1 • Interest Rate Derivatives

Examines interest rate swaps, caps, floors, and swaptions for managing rate exposure. Connects to the interest rate risk section of the previous chapter.

Lesson 2 • Derivative Counterparty and Operational Risk

Addresses ISDA master agreements, collateral management, and central clearing obligations. Prepares students to manage the operational side of derivative programs.

Lesson 3 • Derivative Fundamentals

Explains derivative mechanics, payoff profiles, and the distinction between linear and non-linear instruments. Provides the conceptual base for all hedging sections.

Lesson 4 • FX Derivatives in Practice

Covers FX forwards, options, and structured products used to hedge currency exposures. Students apply instrument selection to specific exposure scenarios.

Lesson 1 • Debt Portfolio and Maturity Management

Teaches how to manage refinancing risk, maturity laddering, and debt repurchase strategies. Connects to liquidity risk management from earlier chapters.

Lesson 2 • Long-Term Debt Instruments

Surveys bonds, term loans, private placements, and hybrid instruments. Students match instrument features to funding objectives and market conditions.

Lesson 3 • Credit Rating Management

Explains rating agency methodologies, the rating process, and strategies to maintain or improve ratings. Directly affects funding cost and market access.

Lesson 4 • Debt Capital Markets Process

Walks through the bond issuance process from mandate to settlement. Builds practical knowledge of bookbuilding, pricing, and investor relations.

Lesson 1 • Treasury Management Systems

Covers TMS architecture, core modules, and selection criteria for enterprise deployment. Connects technology capability to operational efficiency gains.

Lesson 2 • Data Analytics in Treasury

Introduces data visualization, predictive analytics, and AI-assisted forecasting for treasury. Elevates decision quality through data-driven insights.

Lesson 3 • Payments and Banking Connectivity

Examines payment formats, SWIFT connectivity, and bank API integration for straight-through processing. Reduces manual intervention and fraud exposure.

Lesson 4 • Treasury Policy and Governance Framework

Synthesizes all prior chapters into a comprehensive treasury policy and governance structure. Prepares students to design and maintain enterprise-wide treasury controls.