Executive Certificate in Foreign Exchange Management

Finance & Investment

Next Intake: 23 Jan 2025 (Thu)

Basic
SkillsFuture
Full Certificates

Next course starts on

23 Jan 2025 (Thu) See Full Schedule

Fee

SGD6,540* (as low as SGD762 after maximum funding) Learn More

Duration

Module 1: Foreign Exchange: Products and Markets - 2 days
Module 2: Macro Market Fundamental Analysis - 2 days
Module 3: Foreign Exchange: Dealing, Trading and Risk Management - 2 days

Level

Basic

Who Should Attend

Aspiring individuals keen to embark on investment management careers relating to FX
Relationship managers, financial advisers, consultants and corporate bankers making related investment and hedging advice
Corporate treasury, risk management, auditors and compliance professionals
Technology professionals engaged in automation and streamlining of financial market functions such as the implementation of FX solutions for FIs, corporates and retail
Investors with investments in the foreign exchange markets

Overview

The Foreign Exchange (FX) market is the single largest financial market in the world with a global turnover of more than $6 trillion per day. With globalised trades in goods and services as well as overseas investments abound, demand for foreign exchange transactions, management & hedging of FX exposures as well as trading & risk management of FX in various asset classes have become an integral part of many businesses and investments.

This 6-day course, comprising of 3 modules of duration 2-days each, seeks to provide a comprehensive guide to the workings, functions, and trading activities of the foreign exchange market in practice.

Learning Objectives

Understand the organization and microstructure of the FX market in practice
Learn various FX market products (Spot, Swap, Non-deliverable Forward & Option) and their applications & management in FX trading and exposure hedging
Learn Macro Market Fundamental Analysis, a core FX market analysis methodology, based on interpreting global economics & events, for the understanding of FX market development and outlook
Know essential features & considerations for FX dealing via trading platforms
Gain perspective & foundation knowledge on the FX trading process, strategies & principles
Learn key aspects of risk management in FX trading.
Apply recommended financial market website platforms for FX market monitoring & analysis

Topic/Structure

To achieve the Executive Certificate in Foreign Exchange Management, participants will need to complete the following modules offered by SMU Academy:

Module 1: Foreign Exchange: Products and Markets - 2 days
Module 2: Macro Market Fundamental Analysis - 2 days
Module 3: Foreign Exchange: Dealing, Trading and Risk Management - 2 days

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment for each of the 3 modules within 3 years in order to be awarded the digital Executive Certificate in Foreign Exchange Management issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$1,962

(After SSG Funding 70%)

$762

(After SSG Funding 70%
+ ETSS Funding 20%)

$1,962

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$762

(After SSG Funding 70%
+ MCES Funding 20%)

$762

(After SSG Funding 70%
+ ETSS Funding 20%)

$762

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$6,540

(No Funding)

$6,540

(No Funding)

$6,540

(No Funding)

All prices include 9% GST

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll

Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:

AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)

Intake Information

MODULES	DATES
Module 1: Foreign Exchange: Products and Markets	23 - 24 Jan 2025 [Open for Registration]
Module 2: Macro Market Fundamental Analysis	19 - 20 Feb 2025 [Open for Registration]
Module 3: Foreign Exchange: Dealing, Trading and Risk Management	20 - 21 Nov 2024 [Registration Closed] 19 - 20 Mar 2025 [Open for Registration]