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UdemyFinance & AccountingPaid courseBeginner levelCertificate

Introduction to International Trade Finance & Trade Services (Udemy.com)

Letter of Credit, Guarantees - the List goes on! Master the fundamentals of Trade Finance Products & Services

Created by: Danial Merchant

Last updated March 2024

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What you will learn

  • Get a flavor of one of the most important topics in Corporate & Investment Banking.
  • Be better prepared and positioned for Corporate & Investment Banking interviews.
  • Move your career to the next level by upgrading your skills and knowledge.
  • Expand your knowledge base and enhance your expertise in the international trade finance arena
  • Understand the principles of international trade finance market to gain a better understanding of the role that trade plays in helping clients do more business
  • Confidently explain the basic drivers of trade.
  • Understand the trade framework and environment.
  • Explain the different types of payment options used by participants in international trade.
  • Learn about the different types of documentation which is used by banks to effect trade.
  • Describe the advantages and risks for different types of payment options for different participants in trade transactions.

How it compares

Against the other 376 rated Udemy courses in Finance & Accounting on CourseDuck:

  • Rating4.4 out of 5higher than 28% of them
  • Reviews208#267 of 377 by number of reviews
  • Length5.4 hourslonger than 52% of them
  • Last updatedMarch 2024earlier than 66% of them

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Course Description

The Number 1 holistic course on International Trade Finance & Trade Services. The “Introduction to International Trade Finance & Trade Services” is the most comprehensive & detailed course you will find of its kind. It replicates and teaches concepts and skills that you will find in any management trainee level program of a bulge bracket Tier 1 multinational bank. It includes;

- 10+ Case Studies

- 25+ PDF Files

- 100+ Quiz Bank

- A Complete Glossary

- Real World Examples

- Interesting facts about Trade

- 5+ Hours of Video

- Beginner Level

- 40+ Lectures

- 10 Sections

- “Screencast of Slides” teaching Methodology

- Access on mobile and TV

- Downloadable Resources

- Certificate of Completion

- Full time Access

- 30 Day Money Back Guarantee

- Teacher Support

Trade is the bread & butter of almost every global multinational commercial bank. Resultantly, knowledge of the basics of trade finance and services becomes one of the most critical skillsets in developing yourself as a Corporate & Investment Banker. So why should you take this course and what value addition does it provide?

  • You are not working in banking but want to switch careers & make an entry into this lucrative industry.

  • You are a finance graduate and are looking to find a challenging position in Banking.

  • You are already a banking employee and are looking to transition internally to a more challenging front office coverage role. This course will equip you with the basic knowledge required to make the shift.

  • This course is also designed for CFO/Finance managers of organizations that are active participants in international trade (any company that imports & exports internationally) as the knowledge will better assist them in managing their banks and help them in optimizing solutions which are the most cost effective and efficient.

The course looks at;

  • De-mystifying the Trade Finance market to gain a better understanding of the role that Trade plays in helping clients do more business using traditional products.

  • Master different types of Trade products, including their individual features and benefits.

  • Understand how to identify intrinsic risks in potential transactions and understand how these might be mitigated using tools and practices.

  • Be better equipped to identify opportunities to solicit well-structured, lower risk Trade Finance business.

  • Develop a deeper understanding of your customer’s requirements and elevate your position to that of trusted advisor.

The course is divided into 10 Sections covering the following learning outcomes;

  • Section 1 : We will start by introducing participants of international trade ecosystem and do a deep dive into the different modes of transportation that are frequently used and their pros & cons.

  • Section 2 : Next, we will discuss the trade environment specifically the political, Business, social and legal issues that shape & influence trade between two parties. Also Identify factors that restrict (tariffs, non-tariff barriers, Quotas) & promote (trade agreements) global trade.

  • Section 3 : In this section we try to understand the underlying motivation that determine the terms that are set between buyer & sellers. Learn some of the trade finance products that form the building blocks in any banks Trade repertoire such as Cash in advance, Open Account, On Consignment, Documentary Collections, LC, & SBLC. We will also look at settlements under LC, types and different features / components of LC in addition to identifying the key drivers and risks from an importer, exporter and financier’s perspective.

  • Section 4 : Many documents facilitate the exchange of goods and services. In this section you will learn about the different financial and commercial documents necessary for different trade transactions.

  • Section 5 : The decision to extend credit to a customer is based on past experience and present conditions. The goals of extending credit are to service the needs of the customer and to earn a profit for the lending bank. We look at how banks extend credit, which transactions require trade financing, types of export financing and how banks use the correspondent banking market to manage risk.

  • Section 6 : We identify the different risks that affect trade transactions, describe how banks manages risk, explore different risk transfer strategies. The informed banker understands these elements, how they affect international trade and how to provide the safest and most appropriate trade products to the customer.

  • Section 7 : One of the risks inherent in international trade stems from the need to comply with legal and regulatory requirements. We take a comprehensive look at the compliance environment specifically pertaining to sanctions, Anti-Boycott laws, export controls & Anti Money Laundering.

  • Section 8 : In this section, we take a deep dive into the information-gathering process that helps identify a prospective or current customer’s trade-related banking needs. In addition to setting key pricing benchmarks and providing guidelines for pricing a trade product.

  • Section 9 : To finish off we delve into the world of ECA’s, DFI’s & MLA’s and how such programs support and enable the banks customers to remain competitive with businesses from other countries. We cover features/objectives of such organizations, describe the benefits, explore different structures/types, compare/contrast between ECA/DFI/MLA and look at pricing related issues.

  • Section 10 : Summary, wrap up and an additional lecture! Discover a detailed Glossary of Terms and Definitions to help you master the terminology as well as select case studies.

Please don’t forget that the course comes with Udemy’s 30-Day Unconditional money-back-in-full guarantee, so you have nothing to lose! The course will keep updating frequently with more up-to-date learning resources. Simply click the Enroll Now button to get started now!

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Instructor Details

Danial Merchant

|||Welcome to the Corporate & Investment Banking Masterclass|||

*** Do you want to start a six-figure career in Corporate & Investment Banking at a bulge bracket global bank? ***

*** Are you looking to upgrade your current skills? ***

*** Are you looking to move into front office coverage roles? ***

Corporate & Investment Banking employees are amongst the highest paid and sought-after professionals in the world. The Six figure starting salaries make the finance industry one of the most lucrative for graduates at the same time being fiercely competitive. Why Banking you ask? – Deal Experience, financial/monetary benefits, fast track career progression, exposure to different sectors/industries, interaction with clients at the C suite level (CEO/CFO), development of multi-faceted product expertise, international travel & upskilling/reskilling opportunities – are just some of the benefits of a career in finance. The Courses are designed at a Beginner (what you would normally expect to experience at any standardized Management Trainee Level program of a top tier Multinational bank) , Intermediate (Mid Management level courses designed to be more complex and structured) and Advanced level (Advanced level courses for C Suite Level and product experts).


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Reviews

4.4

208 ratings on Udemy

Select a bar to show only those reviews.Select the bar again to show every rating.

By Okeke Emmanuel on 9/28/2024

It presents the topic of discussion clearly and concisely, with a logical and progressive sections to help improve understanding.

By Kunal Rawat on 5/27/2024

It was a good course on understanding the underlying fundamentals of trade finance. would have been great to understand how the TF operations are managed as well

By Fintan Mkpang on 5/21/2024

Yes it is a good match for me. Hope to learn and be able to properly audit a trade service unit.

By Joedisen Obeegadoo on 1/14/2024

Course is great and resourceful with full-fledged lecture by expert and knowledgeable tutor. Great!!!!!Satisfied

By Amaresh Panda on 1/15/2023

Precise Content and that has helped to understand the subject in detail. Highly Recommended.

By Abas Abdi Abdullaahi on 11/7/2022

Taking this course, it's good for me. Really I got more benefits about international trade Ecosystem. I wish to continue next section and also a am thanking for your allowing this course. Thank you a lot of.

By Nida Danial on 10/29/2022

Great course so far since i work in finance field so adds value to my existing skillset

By Imran F on 10/2/2022

This course covers concepts useful for people in a wide variety of professions. Explanations seem clear and to the point. I look forward to spending time with this course.

By Julien Bouary on 10/1/2022

Danial Merchant masters the subject and his explanations make it easy to understand. A rich course!

By Humaid Merchant on 9/27/2022

As someone who works in a bank, this course has been very relevant and informative! Intricate concepts have been presented with ease and clarity. The instructor's straight forward and effective narration helps elucidate trade finance topics. I look forward to learning more!

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Overall Score : 88 / 100