Foreign Exchange Management Program Delhi

We impart an extensive diploma program to our students in the domain of foreign exchange management. The program is designed to help the students gain a comprehensive knowledge regarding foreign exchange management. We provide thorough trainings and arrange seminars for our students to ensure that they gain hands on expertise in the domain. We impart comprehensive knowledge to all our students via our extensive diploma programs in foreign exchange management. The curriculum and course ware is designed by our expert faculty, keeping in mind the changing market scenario. All the students are extensively trained for Export - Import Policy, Documentation / Procedures and Practices along with a complete exposure to all the basic and necessary management principles. We make collaborative efforts to equip the candidates to stand firmly in the global business scenario. At ITPC, the chief objectives involve developing a complete understanding to the students, regarding the different operations involved in carrying out various Export orders, documentation, practices and regulations which govern the export trade. We mainly focus on a thorough understanding and a complete appreciation of all the prominent facets of Import-Export policy.

Course Duration

  •  Regular (weekdays Batch): 4 Months
  •  Sunday (weekend Batch): 8 Months

Course Details

Determinants of Exchange Rates
1. Some Approaches to Exchange Rate Determination
2. The Purchasing Power Parity Approach
3. The Balance of Payments and the Internal-External Balance Approach .
4. The Monetary Approach .
5. The Portfolio Balance Approach .
6. Measuring the Dollar's Equilibrium Value: A Look at Some Alternatives .
7. How Good Are the Various Approaches?
8. Foreign Exchange Forecasting in Practice.
9. Assessing Factors That May Influence Exchange Rates.
10. Official Actions to Influence Exchange Rates

Evolution of the Foreign Exchange Market
1. How the Global Environment Has Changed
2. How Foreign Exchange Turnover Has Grown .
3. Payment via fedwire and chips.

Strcture of the FOREX Market
1.Foreign Exchange Dealers.
2.Financial and Nonfinancial Customers.
3.Central Banks.
4.Classification of Exchange Rate Arrangements.
5.Brokers.
6.Over-the-Counter Market.
7.Voice Brokers.
8.Automated Order-Matching or Electronic Broking Systems.
9..In the Exchange-Traded Market.

Main Products in the FOREX Market
1.  Spot.
Buying rates and selling rates.
Direct and Indirect Quotes.
Interbank and merchant rates.
Forms of quotations and exchange rates by banks.
Calculation of rates.
European and American Terms
There Is a Base Currency and a Terms Currency
Bids and Offers Are for the Base Currency
Quotes Are in Basis Points
Cross Rate Trading
Deriving Cross Rates From Dollar Exchange Rates

2.   Currency Forwards
Relationship of Forward to Spot—Covered Interest Rate Parity
Role of the Offshore Deposit Markets for Euro-Dollars and Other Currencies
How Forward Rates Are Quoted by Traders
Calculating Forward Premium/Discount Points
Non-Deliverable Forwards (NDFs).

3.   Currency Futures.

4.  Options contracts
Necessity for options.
Meaning of option contract.
Option contract mechanism.
Option pricing.
Determinant of option value.
Caps and bands.
Types of currency options.
Currency options and RBI regulations.
Internations option currency market ( ICOM).
Internal control measures suggested by FEDAI.
Cross currency options – how they are better over forward contracts.
New instruments for foreing currency options.

FOREX risk management

1.Foreign currency exposure risk to merchant exporters, hospitality industry, KPO, BPO etc.
2.How to cover foreign exchange risk.
3.Hedging translation exposure/balance sheet/profit and loss figures.
4.Check list on foreign risk management.
5.Elimination of exchange risk by booking forward contracts.

Currency Trading

RBI regulation with regard to retail offshore forex investment/transaction.
National Futures Association, CFTC regulations. FSA regulations.
Contacting a registerd broking entity.
Opening account and remitting margin money.
Trading mechanism.
Margin and leverage.
Inherent risk in margin trading.
Margin calls.
Value dates.
Roll over of open positions.
Pricing of open positions.
Financing of open positions/ roll over charges and credits.
Placing orders on a trading platform.
Fundamental and technical analysis.

Fee Structure

Regular Batch: - Plan A: Rs.36,500/- only. (Lump sum) Plan B: 2 INSTALLMENTS: - a) Rs. 18,400/- b) Rs. 18,400/- Plan C: 3 INSTALLMENTS: - a) Rs. 17,000/- b) Rs. 10,000/- c) Rs. 10,000/-

Sunday Batch: - Plan A: Rs.36,500/- only. (Lump sum) Plan B: 2 INSTALLMENTS: - a) Rs.18,400/- b) Rs.18,400/- Plan C: 3 INSTALLMENTS: - a) Rs.17,000/- b) Rs.10,000/- c) Rs.10,000/- Plan D: 4 INSTALLMENTS: - a) Rs.11,600/- b) Rs.8,500/- c) Rs.8,500/- d) Rs.8,500/-