WBA/ABA Online Course: Managing Interest Rate Risk
An exploration of interest rate risk measurement techniques such as GAP, earnings sensitivity analysis, Duration GAP and economic value of equity sensitivity analysis. Risk management policy implementation and how to change overall interest rate sensitivity through balance sheet adjustments or derivative contracts are discussed. (8 weeks)
Learning Objectives
- Apply the mechanics of valuing cash flows including duration and price sensitivity
- Identify the determinants of the overall level of interest rates
- Use static GAP, duration GAP and sensitivity analysis to measure interest rate risk
- Examine how derivatives–futures, forwards, interest rate swaps, caps, floors and collars–are used to manage interest rate risk
- Apply course concepts to the management of interest rate risk within your bank
Audience
Course is designed for individuals involved in asset liability management or line managers making pricing, investment, or funding decisions that impact interest rate risk.
The required textbook for this course is Bank Management, 8th Edition.
What is a facilitated online course?
Join an online course with group collaboration, instructor feedback and guidance, and fixed start and end dates. Facilitated online courses provide an opportunity to meet your learning goals with the benefit of a classroom, but in an online environment:
- Peer interaction in the learning community with the instructor and other students keeps you actively engaged and motivated
- Experienced industry professionals provide frequent feedback and context to your learning
- Convenient weekly schedule with no required meeting times means you decide when to work on course assignments
Price: $795, $275 plus shipping for the textbook
IMPORTANT: Be sure to order the required book for this course. We recommend that you FIRST select and add your course session to the shopping cart, then select your preferred format of book from the “Recommended Training” options that appear alongside the shopping cart.
