Course on financial crisis launched

BANGALORE: Brickwork Finance Academy (BFA) introduced a course in sovereign ratings on December 6. This course provides in-depth knowledge about country risk assessment and analysing financial crisis. Admission to the first batch is limited to the first 25 selected students only. Classes will be offered only in Bangalore and on Saturdays.Brickwork Finance Academy believes that doing business in the new world will require good  understanding of country finances, foreign exchange markets and international competitiveness in this era globalisation. BFA has hence decided to incorporate a course on sovereign ratings in its flagship postgraduate programme in finance. The course is designed to equip participants with knowledge and skills required to assess a country’s current economic performance and outlook. The curriculum focuses on areas of macroeconomics, country’s growth engine, domestic savings, foreign investment, current deficit, domestic and foreign debt, monetary policy, current and capital account convertibility, currency management etc. Students will be exposed to public finance, federal and state government budgets, international and domestic financial markets, foreign exchange and monetary policies, and more. The US subprime crisis and the eventual collapse of Lehman Brothers, the financial weakness of some of the European countries, uncertain outlook of some of the more stable countries like France and Germany, and the emergence and growth of BRIC countries prompts one to think more in terms of a country’s finances. Brickwork Finance Academy believes that every student of finance must understand the sovereign ratings, national and international macro factors for proper analysis. While the standard company analysis focuses on industry risk, business risk, financial risk and management risk, BFA believes that country risk will form the most important component of the analysis going further. Hence, the course on Sovereign Ratings. With the global economy changing colors faster than before, it has become a critical necessity to understand the reasons for these changes. Applicants can visit www.bfa-india.org for more information and online application.