Foreign Exchange Officer
Outcomes:
Gain insights into basic forex market calculations, forward exchange contracts (FEC’s), as well as concepts and conventions associated with the foreign exchange market.
duration
18 Months | 18 Classes
Entry requirements
NQF Matric with mathematics & working in a foreign exchange division OR 3 years’ working experience in a foreign exchange division.
Introduction
This qualification prepares students to operate effectively as a Foreign Exchange Officer. Classroom debate, case studies, simulations, student presentations, leadership groups, project assignments and work experience portfolio coaching all contribute to lively and enriching course content.
Overview of the High-Level Programme
Module 2: FX Calculations and Foreign Currency Accounts
Module 3: Middle Office Operations
Module 4: Payments
Module 5: Foreign Bills for Collections
Module 6: Letters of Credit
Module 7: International Trade Finance and Guarantees Module 8: Client Services
Workplace Evidence
Prescribed workplace evidence must be collected and endorsed by the student’s mentor/supervisor in the workplace and submitted to NVO for final assessment.
External Integrated Summative Assessment (EISA)
NVO will issue a Statement of Results (SoR) once the programme and all assessments have been completed successfully. EISA (External Integrated Summative Assessment) exam to be booked directly with BankSETA once NVO programme is completed. Exam fee payable directly to BankSETA (exam fees to be found on BankSETA website). The Novia One mock examination will be venue based to simulate exam conditions as applied by the EISA exam. Students will receive a certificate of competence against the qualification directly from QCTO after successfully passing the EISA.
Contact us for more information
To find out how you can gain a formal qualification for your skills and hard-earned work.
Testimonials
I LOVED THE Generic Management (Customer Management) programme and I still implement all that I learned through the programme.
