• Anytime
    Application Deadline
  • 14 days
    Duration

About

This Introduction to Foreign Exchange (FX) Certificate, which is part of Introduction to Capital Markets Professional Certificate and offered by EdX in partnership with New York Institute of Finance - NYIFx, discusses the structure and trading conventions of the foreign exchange (FX) markets for both spot (immediate delivery) and forward (future delivery) transactions.

You will learn about the characteristics of foreign exchange markets and how to calculate FX rates.

This course will use examples to illustrate the no-arbitrage calculation of cross rates and forward rates along with their use for hedging FX exposures.

What you'll learn

  • Identify the trading conventions used by FX markets for both spot (immediate delivery) and forward (future delivery) transactions.
  • Calculate cross rates between two countries.
  • Calculate forward exchange rates based on the level of interest rates in each country.
  • Understand the use of FX forwards for hedging currency risks.

Detailed Programme Facts

  • Deadline and start date A student can apply at any time for this programme, there is no deadline.
  • Programme intensity Part-time
    • Average part-time duration 14 days
    • Part-time variant
      Flexible
    • Duration description

      2 weeks; 

      1 to 2 hours per week

  • Languages
    • English
  • Delivery mode
    Online
    • Time flexibility
      Self-paced
  • More information Go to the programme website

Programme Structure

Courses Include:
  • Foreign Exchange Rates Overview 
  • Characteristics of FX Markets 
  • Foreign Exchange: Exposure and Cross-Rates 
  • Spot Markets 
  • Virtual Currency

English Language Requirements

This programme may require students to demonstrate proficiency in English.

Academic Requirements

General Requirements

Prerequisites

  • Basic MS Excel Skills Capital Markets and Key Participants Introduction to Money Markets

Tuition Fee

  • International

    89 USD/full
    Tuition Fee
    Based on the original amount of 89 USD for the full programme and a duration of 14 days.
  • National

    89 USD/full
    Tuition Fee
    Based on the original amount of 89 USD for the full programme and a duration of 14 days.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
5% discount coupon: Z7LZNQ4TN3B2JTWU valid for any free course + certificate upgrade

Funding

Check the programme website for information about funding options.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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