Certificate Program in International Trade Finance
Learn International Trade Finance,Letters of Credit,Bank Guarantees,Forex,Forward Contracts
International Trade Finance is very important in the gamut of corporate financing.As per an estimate of World Trade Organization 80% to 90% of global trade is dependent on financing (International Trade Finance). Any personnel who wishes to make a career in corporate financing need to have in depth knowledge of International Trade Finance.
Any trade transaction will involve a buyer who wants to buy goods or avail services and a seller who is willing to sell goods or services. There are intermediaries like banks and financial institutions who will facilitate financing the trade transaction. International trade finance assumes much greater importance as the buyer and seller are in different countries (may be different continents) and the inherent risks involved in such transactions. Proper risk analysis including the country risk has to be done thoroughly before entering into trade contract. Solvency of the buyer and buyer's bank are of utmost importance one need to consider before entering into an international trade contract.
International Trade Finance is related to both domestic as well as international trade. Intermediaries like banks and financial institutions play a major part in facilitating International Trade Finance. Financing of trade related transactions requires specialized skills on the part of intermediaries (banks, financial institutions).
Various kinds of trade financing is made available by banks and financial institutions. They include Letters of Credit, Bank Guarantees, discounting of bills. These instruments cater to a wide spectrum of entrepreneurs who are involved in trading of goods or services.
Course Package :
- 15 Videos
- 14 Documents
- 1 Online Exam
In depth knowledge of International Trade Finance is important for:
- Bankers who deal with International Trade Finance related matters
- Chartered Accountants, Management Accountants, Cost Accountants, Certified Accountants who are involved in project financing work
- Personnel who aim for certifications in finance from international or national institutions
Career Prospects :
Certified International Trade Finance professionals can work in:
√ Banks √ Financial Institutions √ Corporate Finance √ Export & Import units √ Project Finance companies √ BPO|KPO- Banking and Finance
Language of instruction: English