Advanced Diploma in Treasury Management

Regarded as a forward thinker, you’ll be a respected senior finance professional with significant influence who shapes business strategy to deliver success.

IS THE ADVANCED DIPLOMA IN TREASURY MANAGEMENT RIGHT FOR YOU?

Perfect for you if you are:

  • looking to move up the career ladder to CFO or Group Treasurer level
  • a corporate treasurer or involved in or with responsibility for corporate treasury
  • an accountant who would benefit from a broader skills base
  • a banker or relationship manager who needs to better understand the requirements of corporate clients
  • a financial analyst who wants to develop your career in corporate finance, risk management and specialist treasury activities

ADVANCED DIPLOMA IN TREASURY MANAGEMENT KEY FACTS

Study time

15 months

Assessment

One exam (4 hours). One dissertation. Presentation of your dissertation to a panel. 

Fees

Course fee £10,800. Exam fee £500. Dissertation fee £500. Presentation of dissertation fee £200.

Entry requirements

The progressive learning structure of ACT qualifications means entry requirements apply. To join the Advanced Diploma you need to have completed either the AMCT Diploma or Diploma in Treasury Management or if you have significant prior experience, direct entry routes may apply. You can view the full list of entry requirements here or view to see if you are eligible for direct entry.

ADVANCED DIPLOMA IN TREASURY MANAGEMENT COURSE STRUCTURE

This qualification is made up of two units, a compulsory 3-day residential school, masterclasses, one exam, a dissertation and a presentation of the dissertation. For full ACT accreditation you will need to complete all of them.

Overview

The Advanced Diploma in Treasury Management will equip you with a holistic view of the commercial and financial challenges facing a business at a strategic level. 

Starting in February 2019, this part-time, senior-level qualification will develop your critical analysis and evaluation of complex situations involving strategic, financial and risk management decisions.

The Advanced Diploma:

  • develops your advanced practical understanding of the tools, techniques and best practice used in treasury management that support strategic thinking and robust decision-making within new, complex, ambiguous and unpredictable situations within changing environments

  • equips you for senior strategic roles in the organisation, within treasury and/or board level

  • provides opportunities to research, analyse and evaluate a range of issues which impact on treasury management strategy and decisions and ultimately on the performance of the whole organisation

  • facilitates your application of recognised academic and theoretical tools in solving treasury management issues

  • develops your understanding of the inter-relationships between treasury and risk management, strategic and operational decision-making in different organisational, economic, legal and regulatory contexts, including implications for national, international and global businesses

  • develops a high level of knowledge and understanding of ethical behaviour and practice in a treasury management context, while encouraging reflection on this and the potential implications for individuals and organisations where acceptable standards are not met

  • enables you to identify and critically analyse strategies, plans and actions in other organisations and sectors and evaluate their likely impact on, and potential applicability to, your organisation and impacts on treasury management

  • develops your critical skills in information gathering, analysis and evaluation, to support self-directed study and learning as part of your professional development.

Qualification learning outcomes

The learning outcomes are divided into three key areas: knowledge, skills and behaviours/values

Knowledge

On completion of the Advanced Diploma you will be able to:

  1. demonstrate comprehensive knowledge and understanding of core areas relevant to treasury management, related concepts and theories, and the relevance of these in a modern-day context
  2. demonstrate comprehensive knowledge and appreciation of current academic and practitioner debate on issues relating to, and the impact on, treasury management practice 
  3. demonstrate comprehensive understanding of the various inter-relationships between organisations, their stakeholders, the business, the current economic and regulatory environment, and the implications for risk management in treasury
  4. demonstrate critical understanding of the significance and potential impact of the wider socio-economic environment on organisations and ultimately on treasury strategy and its actions
  5. critically analyse, evaluate and reflect on ethical and governance issues in treasury management, and recommend approaches to respond appropriately in different organisational contexts and geographical locations
  6. critically analyse and evaluate treasury management strategies and plans in a global context, contrasting these against other organisations, and across sectors
  7. apply subject-specific theories, models, tools, empirical evidence and concepts relating to treasury management, and reflect on how these can pertain to the practical work environment
  8. identify, source, analyse and critically interpret industry data, academic articles and financial information, and reflect on how these can apply in the work environment 
  9. identify a research problem, develop a project plan, undertake detailed research, and report on the findings of that research, demonstrating knowledge and understanding of research planning, data gathering techniques and the interpretation and presentation of such data

Skills

On completion of the Advanced Diploma you will be able to:

  1. identify, gather, record, interpret and analyse data from an extensive range of sources, including the application of a specified referencing methodology
  2. develop a desire for intellectual curiosity and apply higher-level cognitive skills of reflective practice, including critical analysis, evaluation of arguments and evidence using specific treasury management tools, and synthesising these to draw fully supported conclusions
  3. present qualitative and quantitative information together with analysis, evidence-based arguments, and commentary, both orally and written using communication techniques that are entirely appropriate to the intended audience
  4. develop strong numerical, and statistical skills, and have a deep knowledge of financial databases and modelling techniques applicable to treasury management and wider business needs
  5. make supported decisions, based on evidence, in often highly complex and unpredictable situations and environments
  6. conduct independent self-managed learning and work effectively and efficiently with others 

Behaviours / Values

On completion of the Advanced Diploma you will be able to:

  1. demonstrate the ability to plan, organise, and prioritise in a structured way 
  2. demonstrate the ability to lead and inspire a treasury team
  3. possess the ability to influence and engage with a range of stakeholders (internal and external) and to build and maintain effective personal networks
  4. be an ethical and responsible treasury professional 

 

Unit 1: Treasury Management Concepts

Unit 1 focuses on  developing a comprehensive understanding of the relationships between organisations, their stakeholders, the business and the economic and regulatory environment.

It covers implications for project management, governance and risk management in treasury. It explores the role of the Corporate Treasurer as a leader and their ethical responsibilities when operating globally. It builds understanding of influencing techniques and the importance of developing personal networks, and approaches to building and leading a treasury team.

Indicative Content

  • Organisational strategy and treasury
  • Financial analysis (e.g. business valuation)
  • Raising finance in practice
  • Counterparty risk management
  • Risk management
  • Cash/liquidity management

On completing unit one you will be able to:

1. Critically evaluate a range of strategic options for the modern-day treasury function.

  • Critically analyse the meaning of organisational strategy and its relevance in treasury
  • Critically discuss the impact of the organisation’s culture, philosophies and policies on strategy
  • Develop and apply a range of strategic options for different treasury related areas.

2. Compare, contrast, select and apply a range of financial analysis tools.

  • Critically apply ratio analysis and make supported conclusions based on results
  • Critically examine and apply tools and techniques to ascertain and monitor investor expectations
  • Critically discuss and apply investment appraisal techniques.

3. Critically examine tools, models and concepts relating to raising finance for a range of purposes and in different contexts.

  • Critically analyse key influences on funding decisions
  • Critically compare and contrast different sources of finance and recommend appropriate structures based on different needs and contexts
  • Critically discuss different theories relating to financing and capital structures
  • Critically analyse cash and liquidity management techniques.

4. Identify and critically analyse potential risks and develop appropriate responses in different contexts. 

  • Critically discuss the principles and theory of risk management
  • Critically evaluate methods of identifying and assessing risks
  • Critically evaluate different sources of potential risks in treasury
  • Critically evaluate risk response methods and recommend options in different contexts.

Unit 2: Leading the Treasury Function

Unit 2 builds on  Unit 1 to consider the organisation in its entirety, and the specific tools of treasury to support the organisational strategy.

It offers a range of current academic and practitioner debate on  issues relating to treasury management practice and develops the treasury toolkit and concepts introduced in the Diploma in Treasury Management, to look at complex strategic problems in a global and ever-changing world. Unit  2 then investigates how to research complex problems and to synthesise qualitative and quantitative information to make effective evidence-based arguments and presentations appropriate to a senior (board-level) audience.

Indicative Content

  • Environmental & strategic analysis
  • Treasury systems/IT including the growing influence of Fintechs and IT solutions for treasury
  • Emerging issues/risks (the modern lens) 
  • Organisational design/structures 
  • Organisational risk appetite/culture/policy 
  • Stakeholder management
  • Treasury leadership
  • Finance application in practice

On completing unit two you will be able to:

1. Critically discuss internal and external drivers impacting on the leadership of the treasury function.  
  • Apply appropriate tools, models and concepts to understand the changing internal and external environments impacting the treasury function.
  • Critically evaluate options for treasury design, structure and resourcing.
  • Critically discuss the importance of governance and ethics in a treasury context
  • Develop and implement effective treasury related policies.
  • Critically analyse change management and its application in a treasury context
2. Critically evaluate the impact of emerging issues and technologies on the treasury function. 
  • Critically analyse emerging technological trends and developments and their impacts on treasury.
  • Critically evaluate other emerging trends and developments and their impacts on treasury.
  • Critically discuss the implementation considerations, challenges and benefits of technology-driven treasury solutions.
3. Critically apply tools and techniques for managing and engaging with stakeholders. 
  • Identify, critically analyse and prioritise a range of different stakeholders
  • Critically evaluate the needs and influences of different stakeholders from a treasury perspective.
  • Critically examine the drivers and impact of power in stakeholder relationships.
  • Critically evaluate approaches and strategies for dealing with relationship issues with stakeholders.
  • Critically evaluate negotiation approaches and techniques for application with both internal and external stakeholders.

 

Masterclasses

There will be three afternoon masterclasses, followed by networking evenings.

These interactive sessions are the perfect opportunity to hear real-life case studies from practitioners at FCT level.  The afternoon discussions will be followed by networking evenings and the opportunity get to know your fellow students better. Previous students have found that the contacts you make and relationships you build are invaluable for future career support and success!

The masterclassess will be running on:

  • 11 April 2019
  • 20 June 2019
  • 13 September 2019

Refreshments will be provided.

 

Residential school

You will join us for a residential school, run over the course of three days. 

The Spa Hotel provides a tranquil setting to develop your leadership and influencing skills, which will support the delivery of your presentation element of the dissertation, and explore, with your tutors and practitioners, how to approach your dissertation.

Senior practitioners will join you over the course of the weekend to share their experience of challenging situations they have faced in practice and their valuable advice on business leadership.

A highlight is the Friday night social dinner with guest speaker and entertainment! 

Key dates: 9-12 May 

  • 10 May and 11 May are mandatory days
  • To help you fit the school in around your other commitments, you can choose between either the 9 May or the 12 May as your third day
  • The school includes presentations from practising treasurers and two days focusing on communication and influencing skills. The optional day is dedicated to drawing up ideas on dissertations, with support from tutors and supervisors.

 

Dissertation

The dissertation is chosen by you and provides an opportunity to explore a topic area that is important and/or interesting to you, and to your organisation – but it must be in the field of treasury, risk, corporate finance and/or funding and relate to the content of the Advanced Diploma.

There are two dissertation windows to choose from.

Dissertation option #1 

Submission: 6 December 2019
Results issued: 10 January 2020

Dissertation option #2 

Submission: 8 May 2020
Results issued: 1 June 2020

Presentation

Once you have passed your dissertation, you will be invited present to a panel. 

The dissertation will be presented to a panel made up of 1-2 practicing treasurers, the ACT Chief Executive and Director of Awarding Body, and the ACT Chief Assessor.

The presentation will utilise key skills you will have learnt in the Residential school and will prepare you for presenting to a board in the real-world. 

There are two dissertation / presentation windows to choose from.

Dissertation option #1 

Submission: 6 December 2019
Results issued: 10 January 2019
Presentation window: 28-31 January 2020  
Final combined results published: 14 February 2020 

Dissertation option #2 

Submission: 8 May 2020
Results issued: 1 June 2020
Presentation window: 16-19 June 2020  
Final combined results published: 3 July 2020 

 

WHAT YOU GET

Online interaction and expert support

At the centre of your learning experience is the dynamic online discussion forum which ensures you feel fully connected while studying. Having online access to your tutors, peers and programme team means you’re never alone.

  • You will be supported throughout the course by tutors available to you using the online course discussion forum.
  • The course tutors run the online tutorial series and help you prepare for your dissertation.
FLEXIBILITY

24 / 7 access so you can study when and where you want

RESOURCES

Specimen exam, study techniques and tips

SUPPORT

Online dedicated tutor support and student discussion forums

YOUR ACT MEMBERSHIP

When booking onto the Advanced Diploma in Treasury Management  you will either already be an associate member (AMCT) or will become a student member of the ACT for up to 24 months.

ACT membership gives you access to lots of great things: 

•    subscription to The Treasurer magazine
•    careers resources
•    events, regional groups and webinars
•    policy and technical updates
•    mentoring service 

Remember to take advantage of these benefits - they are designed to help make you a well-rounded finance professional. When you have successfully completed the Advanced Diploma, you will be eligible to become a Fellow and use the designatory letters FCT. These are the internationally recognised letters that go after your name that recruiters and employers look out for, as they show you are a very credible candidate. You can find out more about ACT membership here.

BUY YOUR QUALIFICATION

When you are ready to book, you will be asked to create an ACT Learning Academy account if you haven’t already got one. You will need to provide date of birth, full postal address, telephone number and email address.

Upon submission, you will receive an automated summary email. Your booking will be processed within five working days. You will be sent a booking confirmation with information on how to start your studies.

Bookings for the February 2019 cohort will close at 12 pm (GMT) on 11 February 2019.

FEES

Course fees *

GBP 10,800 | AED 53,140 | USD 14,040

 

Student membership fee: *

(Student membership fees are only applicable for direct entries)

GBP 173 | AED 810 | USD 220 

* Fees are subject to local rate of VAT where applicable

 

Buy qualification

YOUR ASSESSMENT

The Advanced Diploma is assessed by one exam, one dissertation and a presentation to a panel on your dissertation.

 

The key benefit of doing an advanced diploma in treasury is that it enabled me to develop a holistic view of the business and how treasury can play a strategic role within the organisation. It also helps staying current in a constantly changing economic environment as you must be on top of the key trends, whether they are regulatory, best-practice in finance or risk management, new treasury solutions or emerging alternative markets. As the role of the treasurer is changing from a technical expert to a strategic partner, the senior qualification is an invaluable tool in enabling this transition for a treasury professional interested in bringing his or her career to the next level.
Vassilina Lapteva Walford, Treasury and Risk Director, Richemont
BOOKING FOR YOUR TEAM?

We can also deliver advanced treasury learning to companies with teams that are interested in taking either the full qualification or selected units, and tailor it to your business needs. Find out more about in-company solutions here