Why this workshop

As Indian Companies increase their International business, their Managers need to understand Foreign Exchange.

This Seminar is designed to train Managers in what they need to know - the know-how that is crucial - so that they can control Forex exposures and make profits instead of losses.

This Seminar will train Managers to :

• Understand how Foreign Exchange works
• Recognize when they are exposed to Forex Risk
• Manage Forex risk without Loss
• Make money from Forex

Who will benefit?

The workshop will be beneficial to managers in senior and middle management levels who have low to medium previous knowledge of foreign exchange.

Knowledge & Skills Gained

• Basics of foreign exchange : forex markets, spot and forward rates
• Understanding the impact of forex on business decisions and company
• Detailed knowledge of the tools available for controlling forex exposures
• Means of minimizing losses while maximizing profits
• Introduction to derivatives in forex and money markets

The key deliverables

• Understanding the basics of foreign exchange
• Ability to identify and analyze forex exposures
• Step by step guide to managing forex exposures
• Appreciation of modern mechanisms for enhancing profits through forex management

What the Workshop Covers?

• Forex markets, the structure of rates, cross-currency rates
• Understanding forward rates, premium and discount, classroom exercise
• The 3 fundamentals : position, balance and exposure
• The options for fixing rates : now, never and Stop-Loss
• Limiting maxium losses but not maximum profits
• Case study in forex exposure and how to use Options to manage it

Program Topics
Introduction and Warm up

1. Basics of Foreign Exchange
• Forex concepts, forex markets, spot rates and cross-currency rates
• Forward rates : how they are derived, classroom exercise
2. Key manageables for the forex Manager
• Position, balance and exposure
• Introduction to basic tools for managing forex exposure
3. Active forex management
• Stopp Loss methodology, advantages and pitfalls
4. Case Study - Bidding for a tender with a large imported component
5. Discussion and answering questions
6. Concluding Session
• Key Learning & Action Plan, Open session
• Feedback

Faculty

Mr. Amitabha Banerjee is an Engineer (IIT-Kharagpur), MBA (Univ of Rochester, USA) and certified Associate of the Indian Institute of Bankers. He has 35 years of banking corporate experience in India and overseas, working with HSBC, Emirates Bank, Oman Intnl bank and the Government of Dubai. He set up and managed HSBC India's Forex Dealing room and made it a market maker in the inter-bank market. He has taught foreign exchange management at RBI banker's Training College, Institute of Materials Management, National Institute of Bank management, Training Colleges of the Central banks of UAE and Oman etc. He has guided and assisted a number of leading organizations in India and the Middle East in managing their forex exposures in the world markets.

Methodology

In our workshop, we maximize knowledge assimilation in the participants through combination of execution elements like case discussions, exercises, simulated games and activities, video led sessions and discussions on global best practices. At the end of each workshop we facilitate the participants to distill Key Learning and prepare Action Plans to deliver solid business results for our clients.

Recent Participants :

ABN Amro, Accenture, Acer, A.F.Ferguson, Arvind Mills, Aventis Pharma, Ballarpur Industries, Bank of America, Bennet Coleman, BNP Paribas, Central Bank of India, Colgate Palmolive, Crompton Greaves, Bharti TeleTech, Bluestar, BNPParibas, BOC, BOI, CAMS, Castrol, CII, Cognizant Technology, CRISIL, Deccan Herald, Duncans, Ernst & Young, Exxon Mobil, GAIL, Godrej & Boyce, General Motors, Google, HCL, Heinz, Henkel Arabia, Hindalco, Honda, Honeywell, HPCL, Hyundai, IBM, Indian Hotels, ITC, Ispat Industries, Ingersoll Rand, ITC Infotech, KPMG, Kirloskar Oil Engines, Kodak, Kotak Mahindra, L&T, Living Media, Lufthansa, Mahindra & Mahindra, MCF, Mico Bosch, MRF, Maruti Suzuki, Mitshubishi, NCR Corporation, Nishit Desai, NTPC, Oberoi Hotels, Oracle, Oil India, Perfetti, Punjab National Bank, RBS, Reckitt Benckiser, Reliance Media World, Reserve Bank of India, RMSI, Samsung, Saint Gobain, Shipping Corporation, Siemens, State Trading Corporation, State Bank Of India, Standard Chartered Bank, SAP Lab, Titan, TVS, Tata Communication, Tata Consultancy Services, Tata Global Beverages, Tata Motors, Tata Power, Tata Ryerson, Tata Teleservices, Taj Hotels, United Breweries, United Spirits, Vedanta, Vodafone, Wartsila, WIPRO, World Bank etc.

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Fees and Registration :

One Day Workshop - The fee which covers lunch & tea/coffee and reading material, is Rs 7,500/- plus service tax @10% Plus education cess @3% = Rs. 8,273/- per participant. For the organizations sending three and more delegates the fee is Rs. 7,000/- plus service tax @10% Plus education cess @3% = Rs. 7,721/- per participant. The fee is payable by cheque in favor of "NR Performance Edge Consultants Pvt. Ltd.", at any of our addresses below. The workshop is non residential.

Our Service Tax Registration No. is AACCN1359CST001 & PAN AACCN1359C

Kindly send your nomination/s through email to performanceedge@gmail.com or on your letter head indicating Name/s, Designation, Phone No., Fax No. and E-Mail ID of the nominees along with the fee to reach us at least seven days before the workshop, the nominations can be sent to our Kolkata, Gurgaon or Mumbai office: The company reserves the right to change venue, contents, dates and speakers. The service tax on fee will be applicable based on the latest Government notification in force on workshops dates.

NR Performance EDGE Consultants Pvt. Ltd.