MANAGING INTEREST RATE RISK

Course Description: This course provides participants with tools to measure and manage their bank's interest rate risk

Audience: Managing Interest Rate Risk is a rigorous course designed for individuals involved in asset liability management or line managers making pricing, investment, or funding decisions that impact interest rate risk.

Learning Objectives: After successfully completing this program, you will be able to:

• Understand the mechanics of valuing cash flows including duration and price sensitivity

• Identify the determinants of the overall level of interest rates

• Use static GAP analysis to measure interest rate risk

• Use duration gap to measure interest rate risk

• Assess the impact on interest rate risk of various pricing, investment, and funding decisions

• Use a range of derivatives to manage interest rate risk including futures, forwards, interest rate swaps, caps, floors, and collars

• Apply all of these concepts to the management of interest rate risk in their own institution

• Use duration gap to measure interest rate risk

Textbook: Bank Management, 7th Edition, by Timothy W. Koch and S. Scott MacDonald, Thomson Learning 2009 is the required textbook and will be provided to participants.  If you already have a copy of the textbook, you need not request another one.

Credit: AIB: 2.0

Delivery Method:

• AIB Online Instructor-led course; Length: 8 weeks
  Price: $745 members; $925 non-members (includes textbook)
  $625 members; $805 non-members (without textbook)
  Course Start Dates
  Enroll Online ; Print Registration Form

• Students who complete this course along with four other requirements, may obtain the AIB Bank Financial Management Diploma.

For further information, call NYBA Professional Development at 212-296-1679 or email elegg@nyba.com.