Money Markets Course

• Evaluate cash positions and liquidity forecasts

• Decide how to invest surplus funds or meet shortfalls through borrowing

• Choose between instruments with varying rates, durations, and risk

• Respond to central bank announcements, credit events, or liquidity shocks

• Monitor exposure limits and manage counterparty relationships

• Calculate returns, costs, and risk-adjusted decisions under time pressure

Participants learn how short-term markets function at the operational level - and why they matter. They will develop:

• A working knowledge of major money market instruments and their use cases

• The ability to make time-sensitive funding and investment decisions

• Practical understanding of how monetary policy influences short-term rates

• Risk awareness in assessing counterparties and balancing duration with liquidity

• A systems-thinking view of how individual actors affect market-wide liquidity

• Do participants need prior financial markets experience? No. A basic understanding of interest rates and cash flow is helpful, but the course includes onboarding to money market instruments and decisions.

• Can the course reflect current market conditions? Yes. Scenarios can be adapted to reflect real events - e.g., rate hikes, liquidity crunches, or central bank interventions.

• How long does the course take? Typically 2–3 hours for a full decision cycle, though it can be split into shorter rounds or extended for deeper portfolio strategies.

• Individual or group play? Both formats are supported. Team roles can simulate corporate treasurers, bank dealers, or mutual fund managers.

• How is participants performance assessed? Based on returns achieved, liquidity position management, exposure control, and ability to justify decisions under uncertainty.