Treasury Expertise Certificate Topics


Payment Systems

In this unit you will learn about the different methods by which payments are made; by check, via ACH, by credit card and via wire transfer.

Payment System Risk and Fraud Prevention
 

In this unit you will learn about the four major risks in any type of payment system, the risks in an ACH payment system, the risks in a card payment system and the risks in a wire transfer system.

Disbursement Practices in Higher Education
 

In this unit you will learn about managing the three components of disbursement float, the various methods to fund disbursements and how to determine disbursement system costs.

Managing Financial Service Provider Relationships

In this unit you will learn the objectives of good relationship management with your financial services provider, the basics of an account analysis statement and how to evaluate potential financial services providers.

Borrowing Management and Strategies

In this unit you will learn the components of a university debt policy, how to calculate the annual cost of borrowing, short- and long-term borrowing alternatives, various features for long-term debt, and how a basic interest rate swap can be used to convert variable rate debt to a fixed rate.

Financial Concepts and Liquidity in Higher Education

In this unit you will learn the basic components of university financial statements, how to calculate liquidity metrics, and time value of money applications including net present value and internal rate of return.

Budgeting Practices in Higher Education

In this unit you will examine the relationship between budgeting and strategy, and learn to use variance analysis to investigate the root causes of differences between the institution’s budget and actual results.

Short Term Investments and Strategies

In this unit you will learn the terminology of investments, types of risk that must be managed in the short-term investment portfolio, how to calculate prices and yields for discount instruments, characteristics of various short-term investment options, and factors that must be considered in long-term investment portfolios.

Forecasting Processes in Higher Education

In this unit you will learn how to develop a forecasting process and use various forecasting methods including a receipts and disbursements forecast, distribution forecast, and time series methods (moving averages, exponential smoothing, regression).

Collection and Concentration Practices in Higher Education