Asset Liability Management (ALM) has become a crucial task for banks and other financial institutions in the modern period due to volatile global markets, the development of innovative financial products, and shifting regulatory regimes. Therefore, it is crucial to define, quantify, track, and manage an institution's exposure to liquidity, interest rate, and foreign exchange risks in a coordinated and consistent manner. COURSE OUTLINE
  1. Scope of ALM
  2. Objectives of ALM
  3. Growing Relevance of ALM
  4. A Nine-part Framework for AL
  5. Strategies of ALM
  6. Yield Curve Analysis
  7. Interest Rate Gap Analysis - I
  8. Interest Rate Gap Analysis - II
  9. Interest Rate Gap Analysis - III
  10. Strategies for Interest Risk Management
  11. Basis Point Value
  12. Convexity
  13. Review of Statistical Concepts
  14. Value at Risk - I
  15. Value at Risk - II
  16. Application of Analytical Techniques
  17. AL Organization
  18. ALCO Meetings
  19. ALM Policies and Procedures
  20. Funds Transfer Pricing
  21. Funds Transfer Pricing-Practices
  22. Audit of ALM