The course focuses on the description and development of international financial markets and the instruments available to companies to finance and mitigate risks associated with their international operations.
Globalization and Internationalization make it necessary for companies to take into account how the evolution of financial markets may affect them.
It also develops the main financial products and instruments that support risk management and the financing of exports and investments in the short term.
Knowledge about how the foreign exchange markets are organized as well as the financial instruments that compose them (spot operation, forward operation (standard, NDF, synthetic and American), call and put.
Ability to identify business opportunities through the combined analysis of price levels and exchange rates.
Ability to make decisions on hedging the contractual exchange risk using the financial instruments indicated above.
Ability to estimate a company's exposure to operational foreign exchange risk. Ability to design a macro-hedging operation for a company's operational risk.
To know how Export Credit Insurance works and how it complements payment methods.
Differentiate the different financing structures applicable depending on whether the operation takes place in an emerging country or in a developed country.
Analyze and identify which type of financing is the most viable according to the characteristics of the operation: type of contract, buyer, seller, country, guarantees, etc.
Mechanisms and instruments to finance operations efficiently in terms of the risks borne by the seller.
How to achieve in each case the objective of the exporter or contractor: that the financing is truly without recourse and that it becomes an instrument that gives viability to a commercial operation.
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Specified time period: This course has and extension of 20 contact hours.
Timetable: This course is delivered on Friday from 16:30 h. to 21:30 h. and Saturday from 9:00 h. to 14:00 h.
Modality: This course is taught online live, you can interact with the teacher and classmates during the course of the class and solve your doubts at the moment.
Concept of ECA (Export Credit Agency). The Spanish case CESCE
CESCE products on own account and on behalf of the State
Private insurance market