Welcome to Finance in practice: Currency risk & transactions

Did you know that the foreign exchange market is the largest financial market in the world? Operating 24 hours a day on business days, the Forex market is a truly global and dynamic environment where professional financial institutions dominate trading activity.

Exchange rates are constantly changing, and sometimes those fluctuations can be extreme. For businesses operating internationally, these shifts can quickly lead to significant financial losses. That’s why understanding how to measure and manage currency risk exposure is essential, not just to protect profits, but to enable smarter global decision-making.

Master Currency Risk Management in Global Business

Whether you’re making international payments, funding cross-border operations, or managing global cash flows, this course gives you the skills to understand, measure, and mitigate FX risk effectively.

What You’ll Learn

By the end of the course, you’ll have the confidence and clarity to navigate global currency markets and manage FX risk like a professional.

• Understand the standards, conventions, and terminology used in global currency trading.

• Explore how FX spot, forward, and swap transactions facilitate trade, investment, and effective currency risk management.

• Gain hands-on insights and practical tools you can apply immediately in your organization.

Understand the standards, conventions, and terminology used in global currency trading.

Explore how FX spot, forward, and swap transactions facilitate trade, investment, and effective currency risk management.

Gain hands-on insights and practical tools you can apply immediately in your organization.

Who This Course Is For

• Finance Directors, Treasurers, and Cash Managers looking to safeguard profits against currency fluctuations.

• Professionals in international trade, imports, exports, or cross-border investments, who want to understand how exchange rates impact their business.

• IT and ERP specialists in banks, corporates, or financial institutions seeking to strengthen their grasp of treasury and FX processes.

• Accountants and Financial Controllers eager to accurately interpret, value, and record foreign exchange transactions.

• Anyone curious about global finance or aiming to advance a career in international financial management.

Finance Directors, Treasurers, and Cash Managers looking to safeguard profits against currency fluctuations.

Professionals in international trade, imports, exports, or cross-border investments, who want to understand how exchange rates impact their business.

IT and ERP specialists in banks, corporates, or financial institutions seeking to strengthen their grasp of treasury and FX processes.

Accountants and Financial Controllers eager to accurately interpret, value, and record foreign exchange transactions.

Anyone curious about global finance or aiming to advance a career in international financial management.

Curious to learn more? View the free accessible parts to learn more about the course roadmap and topic basket of this course.

Course roadmap and topic outline per section:

Section: A general Introduction to Financial Markets

• Key topics: Financial markets overview, trade motivation and organization, products and pricing

• Your learning: Get an overview of the financial markets

Key topics: Financial markets overview, trade motivation and organization, products and pricing

Your learning: Get an overview of the financial markets

Section: Getting Started with the Currency Market

• Key topics: currency market organization, key participants, products, and trading motivations.

• Your first step in the forex market

Key topics: currency market organization, key participants, products, and trading motivations.

Your first step in the forex market

Section: FX market standards and conventions

• Key topics: settlement timelines, ISO currency codes, FX rate quotations, spreads, and cross rates.

• Your learning: confidently read, interpret, and communicate FX quotes, understand settlement rules, and navigate the conventions that underpin the global currency market.

Key topics: settlement timelines, ISO currency codes, FX rate quotations, spreads, and cross rates.

Your learning: confidently read, interpret, and communicate FX quotes, understand settlement rules, and navigate the conventions that underpin the global currency market.

Section: An Introduction to Currency risk & Hedging

• Key topics: the main sources of currency risk exposure; a practical example hedging.

• Your learning: understanding of currency risk sources and determination factors; introduction to mitigate FX risk.

Key topics: the main sources of currency risk exposure; a practical example hedging.

Your learning: understanding of currency risk sources and determination factors; introduction to mitigate FX risk.

Section: FX Swaps & Forwards

• Key topics: currency derivatives - FX swaps and forwards

• Your learning: understand and use FX swaps (structure); swap points calculation: derive FX forward rates: other FX swap variations (cross-currency interest rate swaps, basis swaps.

Key topics: currency derivatives - FX swaps and forwards

Your learning: understand and use FX swaps (structure); swap points calculation: derive FX forward rates: other FX swap variations (cross-currency interest rate swaps, basis swaps.

Section: Currency Risk Management

• Key topics: the practice of managing FX risk on foreign-currency payables and receivables;

• Your learning: Practical hedging techniques for protecting against exchange rate fluctuations

Key topics: the practice of managing FX risk on foreign-currency payables and receivables;

Your learning: Practical hedging techniques for protecting against exchange rate fluctuations

OUR OTHER UDEMY AVAILABLE COURSES

If you work for a bank or other financial institution and want to boost your career: Udemy eLearning works!

Since 2005 we design education programs for professionals who do not have a background in finance.

More than 40.000 have already participated in our low cost programs:

• Understand Banks & Financial Markets (more than 36.000 participants)

• Understand Money Market Securities and Repos

• Understand financial risks from banking (new)

• Understand Money Market Securities and Repos

• An Introduction to Financial Money and Capital Markets

Understand Banks & Financial Markets (more than 36.000 participants)

Understand Money Market Securities and Repos

Understand financial risks from banking (new)

Understand Money Market Securities and Repos

An Introduction to Financial Money and Capital Markets

If you have any questions or would like more information about our eLearning or classroom programs, please feel free to contact me.