Programme

Courses

Semester 1: Components of trading

1: Basics of commodity trading, Worldwide trade flows

  • International supply and demand for commodities - volume, flows/distribution, production, consumption
  • General overview of the different types of commodities: energy products and gas, agri-commodities; metals, ores, minerals; non-tangibles; shipping
  • The markets and players: banks, hedge funds, trading companies, exchanges, governments
  • How the commodity markets fit within the larger capital markets
Courses:
Semester 1: Components of trading
1: Basics of commodity trading, Worldwide trade flows
2: Energy products market
3: Metals, Ores, Minerals and non-tangible commodities (emissions trading, electricity) market
4: Agri-commodities market
5: Shipping, Transport (Rail, Barges) and Logistics
6: Shipping 2
7: Legal aspects
8: Environmental and ecological issues
Semester 2: Commodity Hedging and Price Risk
1: Applied statistics & probability
2: Commodity Price Mechanisms
3: Technical Analysis
4: Commodity Price Risk Issues Part I
5: Hedging Tools and Techniques
6: Options
7: Commodity Price Risk Issues Part II
8: Shipping market
Semester 3: Commodity Finance and Financial Risk Management (Financial liquidity and Trade Flows)
1: Insurance
2: Accounting and internal auditing
3: Financial instruments - overview
4: Credit Analysis
5: Type of financing
6: Credit Risk Management
7: The organisation, and human resources
8: Business game/simulation
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