You are on page 1of 24

Advanced Program in Trade Finance & Foreign Exchange

Contents
Broad Contours Objective Who Should Attend? Unique Features Module Coverage About Faculty Synchronous Learning Technology Detailed Program Elements About IFBI

Broad Contours
Program Faculty
Primary Tutor Mr. Clement

Duration
2 Months

Program Fees
Rs. 15,000/- + 12.36% Service Tax = Rs. 16,854/-

Class Dates
Commencement - July 27 Special batches for corporates

Schedule
Saturday (6:30PM 9:30PM) & Sunday (10:00AM 01:00PM)

Objective
To ensure trained and competent resources in FOREX & International Trade domain
Competency Framework to focus on
Domain knowledge Exposure changing industry practices and norms

Who should Attend?


Delegates in FOREX & International Trade vertical. Who want to improve business performance Who want to enhance skills to increase productivity and efficiency (Self/Team)

Unique Features
Unique Program
Only Advanced domain specific Program in Trade Finance & FOREX in India that has been exclusively designed for working professionals.

Pedagogy
Designed with a mix of experience sharing, real life case discussions, assignments and industry/research based projects besides the lectures in class

Strategic Leaders
More than 90K professionals have already been trained in various Banking & Financial domains by NIIT-IFBI

Peer Learning
Opportunity to Network and Learn from other professionals in the corporate world

Certification
Competency Certificate on Successful Completion from NIIT-IFBI

Module Coverage
Introduction to Foreign Exchange and International Trade FEMA Foreign Exchange Arithmetic Foreign Exchange Remittances Non Resident Accounts NRO, NRE & FCNR Resident Foreign Currency Accounts Overview Of Foreign Trade Incoterms UCP 600 Letter of Credit Bank Guarantees Exports Imports Export Credit Guarantee Corp. of India Guarantee & Shippers Policies Society for worldwide interbank financial Telecommunication (SWIFT) codes Statutory Returns to RBI

About Program Faculty


Mr. Clement
Domain expert with 32 years of experience from Central Bank of India He has diverse experience working with different verticals including Audits and Corporate Finance A visiting faculty to RBI - for various banks across India. Primarily for
RBI Training college, Mumbai FEDAI(Foreign Exchange Dealers Association of India)

He also conducted workshops and trainings on Management Development programs for various organizations in India.

Synchronous Learning Technology NIIT-IFBI - TECHNOLOGY EDGE


35 Classrooms across 23 Cities in India Direct one-to-one interaction is ensured through individual ICT systems for each student: High-performance PCs Webcam Audio system and microphone at each workstation, connected directly to faculty at institutes Classroom interactions & ambience are facilitated by clusters of student-stations and camera & projection systems that span the full classroom. Learning Management System (LMS): program-specific notices online submission of assignments reminder services online testing student records

STUDIO VIEW

CLASSROOM VIEW

APDMx14 ver 1.1

SYNCHRONOUS LEARNING
REPLICATION OF LIVE CLASSROOM
Full features of face-to-face teaching Raised-hand-seeking-teacher'sattention

Tabulation of responses Quizzes randomly created by the teacher

APDMx14 ver 1.1

Elements Running through Program

Case-studies

Role-plays

Collaborative group activities

Project work

Assignment

Instructional material

Agenda

Introduction to Foreign Exchange and Foreign Trade FEMA Foreign exchange rate mechanism Foreign exchange arithmetic Foreign exchange remittances

Session 01 session 04 Session 05 Session 06 Session 07 Session 08 Session 09 Session 10 Session 11 Session 12

Non-Resident Accounts - NRO, NRE & FCNR


Resident Foreign Currency Accounts Overview of Foreign Trade Incoterms UCP 600 Letter of Credit Bank Guarantees Exports Imports ECGC - Guarantees & Shippers policies SWIFT Statutory Returns to RBI

Session 13 Session 14
Session 15 Session 16 Session 17 Session 18 Session 19 Session 20 Session 22 Session 23 Session 25 Session 26 Session 32 Session 33 Session 38 Session 39 Session 44 Session 45 Session 46 Session 47 Session 48

Module Wise Contents

Detailed Module Coverage


Introduction to Foreign Exchange and International Trade
Foreign Exchange in India Forex Mechanism, Transactions and Rates Understanding Funds position Forex Market & Trading Foreign Trade Policy

FEMA
Operational Procedures Compliance of Forex transactions as per FEMA

Foreign exchange rate mechanism


Foreign exchange rates quoted in the Inter-bank market Movement of Rates Methods of determining Forward Rate

Detailed Module Coverage


Foreign Exchange Arithmetic Merchant Transactions Rates (Trade & Non - Trade) Margin Calculation of TT Buying/Selling, Bill Buying/Selling. Foreign Exchange Remittances Inward Remittances Obligation of banks under FCRA Collection & Encashment Outward Remittances Non Resident Accounts Eligibility, Repatriability, Type of accounts, Period of deposit, ROI, Operations through POA, TDS Difference between NRO & NRE. Opening of FCNR accounts Resident Foreign Currency Accounts

Detailed Module Coverage


Overview Of Foreign Trade Definition Risks Incoterms 2000 & 2010 Comparisons UCP 600 Letter of Credit Advantages, parities and types Amendments/Cancellation & Pricing Bank Guarantees Covered in great detail Exports Shipment finance, Scrutiny of documents Purchase/Discount of bills

Detailed Module Coverage


Imports RBI guidelines and EXIM policy Retirement of bills drawn under import LC Collection Export Credit Guarantee Corp. of India Guarantee & Shippers Policies Dos & Donts Claims and Recovery SWIFT codes Understand electronic transactions Understand Transaction/ Message types Statutory Returns to RBI Returns XOS BEF

About IFBI

IFBI: Pioneer and Scale player in BFSI Career Building Over 21,000 students placed Over 91,000 professionals trained

160 experienced faculty

IFBI Today
Client base of over 40 Leading Banks & Financial Institutions Trainers with an average experience of 20+ years Practitioner faculty that come from Banking and FS Industry DNA that understands banking and financial services Dedicated content and instructional design team Over 2,000 hours of training content in Banking, Finance, Soft Skills, Selling, Customer Service Present in 40+ Locations in India, soon in Nigeria & Nepal

IFBI Capabilities
Skill Mapping Content Design & Development Sourcing & Selecting Candidates through rigorous screening Training Delivery, Assessment & Certification of Candidates leading to Placement Providing on-the-job training support Skills Up-gradation training ; Roll out training
Providing end-to-end training solutions for BFSI Sector / Vertical

Some Partnering Organizations & Corporate Clients

Thank you & We look forward to a long and fruitful association.