BF009_Treasury Management

BF_009

Banking Program Treasury Management Syllabus, Texts and Study Programme

Course Summary

This course describes all aspects of the treasury function. This comprehensive book includes chapters covering the treasury department, cash transfer methods, cash forecasting, cash concentration, working capital management, debt management, equity management, investment management, foreign exchange risk management, interest risk management, clearing and settlement systems, and treasury systems.

Expected Outcome / Learning

At the end of this course, students will know how investment portfolios are created and evaluated. More specifically they will be able to:

-       Understand the treasury management issues

-       Perform all the treasury  functions

-       Organize treasury processes in a proper way.

Required Textbook

Steven M. Bragg,  Treasury Management: The Practitioner's Guide, 2010, John Wiley & Sons Inc, ISBN: 978-0-470-49708-1

http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470497084,descCd-description.html

Suggested Readings

Supplementary readings will be provided in the reading assignments for each module. Students must maintain the readings, discussion participation, quizzes and assignments to obtain a passing grade in the course.  To obtain a superior grade, students must demonstrate a high degree of quality in their work.

IMPORTANT

PLEASE NOTE THAT PLAGIARISM (copying other writers' text without due citation or recognition) WILL NOT BE TOLERATED.  Plagiarism is equal to cheating in exams as it means "stealing" solutions to problems, ideas or written text from other people and pretending they are your own.  Students caught committing these forms of cheating will be subject to course failure and will be reported to the Dean of the University.  Two instances of cheating or plagiarism will be cause for academic suspension.

For information on what plagiarism is and how to avoid it, please read the pages 41 and 41 in the book: TURABIAN, Kate L., A Manual for Writers of Research Papers, Theses, and Dissertations, Chicago Style for Students and Researchers, 7th Edition, The University of Chicago Press, 2007.

COURSE SCHEDULE

Module 1
Description	Treasury Department. Role of the Treasury Department. Treasury Controls. Treasurer Job Description. Position of Treasury within the Corporate Structure. Treasury Centralization. Treasury Compensation. Bank Relations. Treasury Outsourcing
Read
Prepare
Module 2
Description	Cash Transfer Methods. Check Payments. Wire Transfers. ACH Payments. Procurement Cards. Cash Payments. Fees for Cash Transfers. Summary of Cash Transfer Methods. Cash Transfer Controls. Cash Transfer Procedures.
Read
Prepare
Module 3
Description	Cash Forecasting. Cash Forecasting Model. Information Sources for the Cash Forecast. Measuring Cash Forecast Accuracy. Cash Forecasting Automation. Bullwhip Effect. Business Cycle Forecasting. Cash Forecasting Controls. Cash Forecasting Policies. Cash Forecasting Procedure
Read
Prepare
Module 4
Description	Cash Concentration. Benefits of Cash Concentration. Cash Concentration Strategies. Pooling Concepts. Physical Sweeping. Notional Pooling. Comparison of Account Sweeping and Notional Pooling. Nonpooling Situations. Bank Overlay Structure. Cash Concentration Controls. Cash Concentration Policies. Cash Concentration Procedures
Read
Prepare
Module 5
Description	Working Capital Management. Working Capital Variability. Cash Management. Credit Management. Receivables Management. Inventory Management. Working Capital Metrics. Debt Management. Types of Debt. Credit Rating Agencies. Accounting for Debt. Debt-Related Controls. Debt-Related Policies. Debt-Related Procedures.
Read
Prepare
Module 6
Description	Equity Management. Stock Registration. Exemptions from Stock Registration. Accounting for Stock Sales. Equity-Related Controls. Equity-Related Policies. Equity-Related Procedures. Investment Management. Investment Criteria. Investment Options. Investment Strategies. Outsourced Investment Management. Risk-Reduction Strategies. Accounting for Investments. Investment Journal Entries. Investment Reporting. Investment Management Controls. Investment Management Policies. Investment Management Procedures
Read
Prepare
Module 7
Description	Foreign Exchange Risk Management. Foreign Exchange Quote Terminology. The Nature of Foreign Exchange Risk. Data Collection for Foreign Exchange Risk Management. Foreign Exchange Hedging Strategies. Hedge Accounting. Foreign Exchange Hedge Controls. Foreign Exchange Hedge Policies. Record Keeping for Foreign Exchange Hedging Activities. Foreign Exchange Hedge Procedures. Interest Risk Management. Interest Risk Management Objectives. Interest Risk Management Strategies. Accounting for Interest Risk Management Activities. Interest Risk Management Policies. Record Keeping for Interest Rate Risk Management. Interest Risk Management Procedures.
Read
Prepare
Module 8
Description	Clearing and Settlement Systems. Characteristics of Clearing and Settlement Systems. Overview of the Clearing and Settlement Process. Fedwire. Automated Clearing House (ACH) System. Clearing House Interbank Payments System (CHIPS). Check Clearing. The Continuous Link Settlement (CLS) System. Treasury Systems. Treasurer's Technology Needs. Treasury Management System. SWIFT Connectivity.
Read
Prepare