Overview
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Learn how businesses manage the various aspects of finances through treasury accounting.
Syllabus
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Introduction
- Welcome to the course: Treasury management
- CEO, CFO, and treasurer
- Traditional banks: Bank of America and BNP Paribas
- Investment banks: Goldman Sachs and Credit Suisse
- Investment funds: Vanguard and Berkshire Hathaway
- Operating cycle
- Cash budget: Managing collections and disbursements
- Managing receivables and inventory
- Obtaining short-term financing
- Introducing securities markets
- The difference between a stock and a bond
- Stock markets
- Bond markets
- Starting with a sales forecast
- Forecasting operating cash flows directly related to sales
- Forecasting capital expenditures
- Prediction and simulation
- Different types of risk
- Measuring risk: Value at risk
- Hedging
- Derivatives
- Factors influencing optimal capital structure
- Raising long-term capital
- Weighted average cost of capital (WACC)
- Alternative financing: Leasing
- Impact of technology
