Participants should be familiar with basic financial statements and concepts such as working capital, debt, and cash flow. No advanced modeling required.
Course Guide
Liquidity Risk Management Course
Participants step into the role of corporate finance leaders, managing short-term funding decisions, negotiating with creditors, and navigating liquidity crises under pressure in our Liquidity Risk Management Course.
Course Overview
The Liquidity Risk Management Course places participants in the heart of a company’s treasury team as it navigates cash flow constraints, refinancing challenges, and urgent working capital decisions.
Designed by finance academics and risk management professionals, this single and multiplayer course helps participants understand how liquidity pressures can arise suddenly - and how firms can respond through real-time financial decisions.
Participants must evaluate funding options, negotiate with suppliers and banks, forecast cash flows, and maintain solvency under stress. The course reflects real-world liquidity dynamics and shows how poor liquidity management - even in profitable firms - can quickly escalate into a crisis.
Liquidity Risk Management Course Concepts
This course brings key corporate finance and treasury concepts to life, including:
- Cash Flow Forecasting: Tracking inflows and outflows across operating, investing, and financing activities
- Liquidity Ratios: Interpreting current ratio, quick ratio, and operating cash flow ratios
- Working Capital Management: Adjusting payables, receivables, and inventory levels
- Short-term vs Long-term Financing: Evaluating trade credit, lines of credit, commercial paper, and equity injections
- Liquidity Risk Assessment: Managing covenant breaches, creditor confidence, and reputational risk
- Stress Testing: Simulating external shocks such as delayed payments, supply chain disruptions, and interest rate changes.
Gameflow
What Participants Do
Participants take on the role of CFO or Treasury Lead in a mid-sized company with uneven cash flow and tight credit conditions. Over multiple course rounds, they must:
- Review real-time financial statements, debt covenants, and short-term obligations
- Create rolling 13-week cash flow forecasts based on operational data
- Prioritize payments and restructure payment schedules under liquidity constraints
- Negotiate with banks and investors for bridge loans or working capital support
- Make funding decisions: internal cash, short-term borrowing, or equity
- Respond to news events that impact liquidity, such as client defaults or supplier delays
- Present a final liquidity position to the board, justifying decisions and future readiness
What Participants Learn
Through this course, participants develop practical financial judgment and real-world crisis-management capabilities. They will learn how to:
- Diagnose liquidity stress before it becomes a solvency issue
- Manage trade-offs between operational needs and financial prudence
- Make funding decisions based on urgency, cost, and risk exposure
- Understand the interplay between liquidity risk and reputational risk
- Communicate under pressure to internal and external stakeholders
- Balance short-term survival with long-term financial health
Why This Liquidity Risk Management Course Works
This course is structured to mirror the real-world urgency and uncertainty of managing liquidity risk. Participants learn that liquidity is not just a treasury function - it affects strategy, operations, and stakeholder trust.
The course’s dynamic, time-based challenges keep participants engaged while driving home that liquidity management is a continuous, cross-functional responsibility - not a one-time fix. Its scoring system rewards not just solvency, but also communication, foresight, and stakeholder confidence.
Whether used in a corporate finance course, risk management module, or banking curriculum, this course bridges textbook theory with practical crisis-handling skills.