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Description

FX and Interest Rate Risk: Measure, Hedge and Manage

Identify what the company is genuinely exposed to on its currencies and its financing before hedging

  • 4 days — 28 h
  • In-person or virtual
  • All levels
  • Up to 6 participants

A contract signed in foreign currency, a floating-rate loan, collections deferred by several months: corporate exposure often builds up without any explicit decision. Treasury discovers the gap at settlement date and the hedges in place owe more to reaction than to a deliberate policy.

These two days bring together varied profiles around a common method. Participants identify and measure currency and interest rate positions, compare hedging instruments together with their costs and constraints, then formalise a policy supported by decision rules and regular monitoring.

Learning objectives

  • Identify the currency and interest rate exposures generated by business activity
  • Measure a position and its impact on earnings
  • Compare the main hedging instruments and their constraints
  • Formulate a hedging policy and its decision rules
  • Organise the monitoring of transactions through to settlement

What makes this programme different

Exposure measurement built from participants' own actual cash flows
Instrument comparison conducted on a single hedging requirement
A hedging policy drafted during the session

Programme

1Identifying and measuring exposure

See the position before acting

  • Origin of commercial and financial exposures
  • Currency position by currency and by maturity
  • Interest rate exposure on debt and investments
  • Translating exposure into an impact on earnings

2Choosing a hedging instrument

The cost of protection

  • Forward contracts and option-based instruments
  • Swaps and interest rate hedges
  • Selection criteria according to how certain the cash flow is
  • Cost of the hedge and accounting implications under IFRS

3Formalising the policy and monitoring it

Decide before the pressure builds

  • Hedging rules and levels of delegated authority
  • Chosen time horizon and hedge ratio
  • Monitoring dashboard for open transactions
  • Reporting to the finance department

Who is it for

Treasurers, finance and administration managers, and directors of companies exposed to currencies and interest rates.

Prerequisites

No prerequisites

Dates & locations

24 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.