Treasury Management

Introduction

Treasury management is evolving towards a more strategic role. The responsibilities of the treasury department have gone beyond cash management, and include fund raising, bank & investor relations, and risk management advisory.

Having sufficient cash available to meet your company’s needs is vital. Multiple cash flows and cash “traps” have elevated the role of cash management and cash forecasting. Meanwhile the fast pace of digital transformation and data management leads to rapid changes in cash management.

Participants joining this course will therefore be introduced to the key factors affecting cash management and get an understanding of how cash management interacts with other domains within the organization.

What you will learn

• Knowledge: You will develop the insight to assess existing treasury management systems.
• Skills: You will acquire skills that provide possibilities for improvement of an organization’s treasury management.
• General competence: You will get an understanding for the importance of the treasury function.

Course content

The course consists of (guest) lectures, group-based casework and practical exercises, and an individual course paper. Lectures introduce the indicated topics conceptually and explore it in terms of managerial implications and the links to other areas of management.

Course sessions cover three interrelated topical categories:

• Cash is queen: How much cash should be held?
• Cash in, cash out: How to affect the level of cash?
• Towards a strategic role of treasury

After completing the course, you will receive a certificate of participation in the form of a digital badge. You can easily save and share this on LinkedIn or your social networks.

Faculty

Professor Hanno Roberts, Department of accounting and operations management

Associate Professor Ignacio Garcia de Olalla Lopez, Department of accounting and operations management

Associate Professor Kizkitza Biguri, Associate Professor of Finance