Derivatives - associate introductory-intermediate

Derivatives are increasingly used by companies to reduce their exposure to commodity pricing, foreign exchange rates and interest rates. The aim of this day is to introduce participants to derivatives and how they can be used to help a company manage its risks effectively. The session also covers introductory concepts in the pricing of derivatives. The course will be part lecture and part workout. Derivative accounting under IFRS and US GAAP will also be covered in detail

The business may wish to provide real-life deal information so participants will get to see examples of the bank''s deals and the approach the bank takes to pitching for business.

• Introduction/Refresher to Derivatives
• Using Derivatives to change a company''s financial profile (e.g. using interest rate swaps to change Fixed Coupon Bonds to effectively Floating rate interest expenses)
• Using Derivatives to manage M&A risk
• Using Derivatives in the context of the company''s aims - risk management versus profit making
• Intuitive understanding of the Valuation of Derivatives
• Accounting for Derivatives under IFRS and US GAAP