About the course
This course teaches you about the key components of the international trade cycle and the existence of financial and non-financial risks within it. With globalization, the importance of understanding the methods to mitigate these risks and reduce costs has increased significantly. Companies operating in global markets need to become aware of products available in the market to provide finance across various phases of the trade lifecycle such as factoring, reverse factoring, buyer’s credit, letter of credit, bank guarantees, etc.
This course helps in developing a holistic understanding of the various short-term financing options available to a corporate to maintain a healthy working capital cycle. It also provides use case studies, with leading industry practices in trade and supply chain finance space, to deliver a comprehensive view on deciding between various financing options. Further, it delves into various other aspects, such implementation of these solutions, key challenges and trends and the existence of different technology players in the market. It also encompasses discussions around how emerging technologies such as blockchain, analytics, self-learning algorithms, etc. stand to transform this industry in the future.