OpenCourser brand icon
Sign in
We may earn an affiliate commission when you visit our partners.
Course image
Course image
Coursera logo

Commodity and Currency Hedging

Don Klock

After a brief introduction, this course will first explain hedging, and how one might use hedging as a risk management tool. Then the course will look at both Commodity Hedging and Currency Risk Management and Currency Hedging. Actual examples will be provided and recommendations how to move forward using these risk management techniques.

Enroll now

What's inside

Syllabus

Introduction for Course 5 Commodity and Currency Hedging
What is Hedging
Commodity Hedging
Read more
Currency Risk Management and Hedging
.pdf file for the Student for Course 5 Lectures
Quiz for Course 5 Commodity and Currency Hedging

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Appropriate for self-guided learners who already have subject matter expertise
Requires some background in hedging or risk management for optimal understanding
Provides a basic introduction to hedging and risk management, suitable for beginners
Taught by Don Klock, who is recognized for their work in finance and risk management

Save this course

Save Commodity and Currency Hedging to your list so you can find it easily later:
Save

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Commodity and Currency Hedging with these activities:
Review mathematical concepts and tools used in hedging and risk management
Ensure a solid foundation by reviewing the mathematical concepts and tools that underpin hedging and risk management.
Browse courses on Hedging
Show steps
  • Review notes or textbooks from previous courses in mathematics, statistics, or econometrics.
  • Focus on concepts such as probability, calculus, and data analysis.
  • Practice applying these concepts to simple hedging and risk management scenarios.
Review hedging and risk management concepts
Begin by reviewing these core concepts to refresh your knowledge and prepare for the course.
Browse courses on Hedging
Show steps
  • Read the course introduction and syllabus.
  • Review your notes or textbooks from previous courses on hedging and risk management.
  • Complete any assigned pre-course readings or assignments.
Watch video tutorials on hedging and risk management
Supplement your learning by watching video tutorials that provide clear explanations and examples.
Browse courses on Hedging
Show steps
  • Search for video tutorials on hedging and risk management.
  • Watch the tutorials and take notes.
  • Review your notes and practice any techniques shown in the tutorials.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Practice solving hedging and risk management problems
Reinforce your understanding by practicing solving problems related to hedging and risk management.
Browse courses on Hedging
Show steps
  • Find practice problems online or in textbooks.
  • Work through the problems and check your answers.
  • Review your mistakes and learn from them.
Attend a workshop on hedging and risk management
Enhance your knowledge by attending a workshop led by experts in the field.
Browse courses on Hedging
Show steps
  • Research and identify relevant workshops.
  • Register and attend the workshop.
  • Take notes and actively participate in discussions.
Discuss hedging and risk management concepts with peers
Engage with your peers to exchange knowledge, insights, and perspectives on hedging and risk management.
Browse courses on Hedging
Show steps
  • Join or create a study group or online forum.
  • Participate in discussions and share your thoughts.
  • Ask questions and seek clarification from your peers.
Create a presentation or infographic on hedging and risk management
Deepen your understanding by creating a presentation or infographic that summarizes key concepts.
Browse courses on Hedging
Show steps
  • Gather information and research the topic.
  • Organize your content into a logical flow.
  • Create visually appealing slides or graphics.
  • Rehearse your presentation or prepare your infographic for sharing.
Contribute to open-source projects related to hedging and risk management
Apply your knowledge and gain hands-on experience by contributing to open-source projects in the field.
Browse courses on Hedging
Show steps
  • Identify open-source projects related to hedging and risk management.
  • Read the project documentation and understand its goals and objectives.
  • Identify areas where you can contribute based on your skills and interests.
  • Submit your contributions and engage with the project community.

Career center

Learners who complete Commodity and Currency Hedging will develop knowledge and skills that may be useful to these careers:
Hedge Fund Manager
Hedge Fund Managers manage investment funds that use advanced investment strategies to generate high returns. They must be able to assess risk and develop strategies to mitigate it. The course on Commodity and Currency Hedging would be highly beneficial to Hedge Fund Managers, as it would provide them with a deep understanding of hedging techniques, which are essential for managing risk in hedge funds.
See salaries and explore the career path for Hedge Fund Manager
Forex Trader
Forex Traders buy and sell currencies. They must be able to assess risk and develop strategies to mitigate it. The course on Commodity and Currency Hedging would be highly beneficial to Forex Traders, as it would provide them with a comprehensive understanding of hedging techniques, which are essential for managing risk in currency trading.
See salaries and explore the career path for Forex Trader
Risk Manager
Risk Managers identify, assess, and mitigate risks for organizations. This course would provide Risk Managers with a comprehensive understanding of hedging techniques, which are essential for managing risk in a variety of contexts. The course covers a range of topics relevant to Risk Managers, including commodity hedging, currency risk management, and hedging strategies.
See salaries and explore the career path for Risk Manager
Commodity Trader
Commodity Traders buy and sell commodities, such as oil, gas, and metals. They must be able to assess risk and develop strategies to mitigate it. This course would be valuable to Commodity Traders, as it would provide them with a deep understanding of hedging techniques, which are essential for managing risk in commodity trading.
See salaries and explore the career path for Commodity Trader
Investment Analyst
Investment Analysts perform detailed research on a range of investment opportunities, including stocks, bonds, and commodities. They must be able to identify and evaluate risk, and develop strategies to mitigate it. This course on Commodity and Currency Hedging would be a valuable asset to Investment Analysts, as it would provide them with the knowledge and skills they need to effectively manage risk in their investment portfolios.
See salaries and explore the career path for Investment Analyst
Financial Analyst
Financial Analysts interpret and analyze financial data, advise clients on investment strategies, and manage investment portfolios. They must be able to assess risk and develop strategies to mitigate it. This course would be beneficial to Financial Analysts, as it would provide them with a strong foundation in hedging techniques, which are essential for managing risk in investment portfolios.
See salaries and explore the career path for Financial Analyst
Quantitative Analyst
Quantitative Analysts develop and use mathematical and statistical models to analyze financial data. They must be able to assess risk and develop strategies to mitigate it. This course would provide Quantitative Analysts with a strong foundation in hedging techniques, which are essential for managing risk in financial models.
See salaries and explore the career path for Quantitative Analyst
Actuary
Actuaries evaluate and manage financial risk for insurance companies and other financial institutions. They must be able to assess risk and develop strategies to mitigate it. This course would provide Actuaries with a strong foundation in hedging techniques, which are essential for managing risk in the insurance industry.
See salaries and explore the career path for Actuary
Insurance Underwriter
Insurance Underwriters assess and manage risk for insurance companies. They must be able to assess risk and develop strategies to mitigate it. This course would provide Insurance Underwriters with a strong foundation in hedging techniques, which are essential for managing risk in the insurance industry.
See salaries and explore the career path for Insurance Underwriter
Financial Planner
Financial Planners develop and implement financial plans for individuals and families. They must be able to assess risk and develop strategies to mitigate it. This course would be beneficial to Financial Planners, as it would provide them with a solid understanding of hedging techniques, which are essential for managing risk in financial plans.
See salaries and explore the career path for Financial Planner
Portfolio Manager
Portfolio Managers oversee investment portfolios for individuals and institutions. They must be able to assess risk and develop strategies to mitigate it. This course would provide Portfolio Managers with a strong foundation in hedging techniques, which are essential for managing risk in investment portfolios.
See salaries and explore the career path for Portfolio Manager
Government Official
Government Officials develop and implement policies that affect the economy. They must be able to assess risk and develop strategies to mitigate it. This course would provide Government Officials with a strong foundation in hedging techniques, which are essential for managing risk in the public sector.
See salaries and explore the career path for Government Official
Auditor
Auditors evaluate the financial statements of companies to ensure that they are accurate and compliant with regulations. They must be able to assess risk and develop strategies to mitigate it. This course would provide Auditors with a strong foundation in hedging techniques, which are essential for managing risk in the auditing process.
See salaries and explore the career path for Auditor
Economist
Economists study the economy and make forecasts about its future performance. They must be able to assess risk and develop strategies to mitigate it. This course would provide Economists with a strong foundation in hedging techniques, which are essential for managing risk in the economic landscape.
See salaries and explore the career path for Economist
Compliance Officer
Compliance Officers ensure that companies comply with laws and regulations. They must be able to assess risk and develop strategies to mitigate it. This course would provide Compliance Officers with a strong foundation in hedging techniques, which are essential for managing risk in the compliance process.
See salaries and explore the career path for Compliance Officer

Reading list

We've selected 11 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Commodity and Currency Hedging.
Cover image
Stochastic Models for Prices Dynamics in Energy and...
Save
Acts as a foundation for understanding commodity options and risk management and is useful as a supplement to the course
Stochastic Models for Prices Dynamics in Energy and...
Hardcover
$$$$
Cover image
Fundamentals of Futures and Options Markets, Global...
Save
Good introduction to futures and options markets and would serve as good background reading
Fundamentals of Futures and Options Markets, Global...
Paperback
$$$
Cover image
Foreign Exchange and Money Markets
Save
Provides a structured approach to understanding currency hedging
Foreign Exchange and Money Markets: Managing...
Hardcover
$$$$
Cover image
The Handbook of Traditional and Alternative...
Save
Provides a comprehensive overview of commodity investing and is useful for additional reading
The Handbook of Traditional and Alternative...
Hardcover
$$$
The Handbook of Traditional and Alternative...
Kindle Edition
$$$
Cover image
Mauritius
Save
Provides a comprehensive overview of managing currency risk and is useful for additional reading
Mauritius
Paperback
Check
Mauritius
Kindle Edition
Check
Cover image
Day Trading and Swing Trading the Currency Market
Save
Provides a good introduction to currency trading and is useful as background reading
Day Trading and Swing Trading the Currency Market
Paperback
Check
Day Trading and Swing Trading the Currency Market
Kindle Edition
Check
Cover image
Quantitative Global Bond Portfolio Management
Save
Provides a comprehensive overview of hedging and is useful for additional reading
Quantitative Global Bond Portfolio Management
Paperback
Check
Quantitative Global Bond Portfolio Management
Kindle Edition
Check
Cover image
Georgia
Save
Provides a good introduction to foreign exchange risk management and is useful as background reading
Georgia
Paperback
Check
Georgia
Kindle Edition
Check
Cover image
Risk Management and Financial Institutions
Save
Provides a detailed overview of hedging with futures and options and is useful as a reference tool
Risk Management and Financial Institutions (Wiley...
Hardcover
$$$
Risk Management and Financial Institutions (Wiley...
Hardcover
$$$
Risk Management and Financial Institutions, Third...
Paperback
$$$
Risk Management and Financial Institutions (Wiley...
Kindle Edition
$$$
Cover image
Risk Management and Financial Institutions
Save
Provides a comprehensive overview of financial risk management and is useful as a reference tool
Risk Management and Financial Institutions (Wiley...
Hardcover
$$$
Risk Management and Financial Institutions (Wiley...
Kindle Edition
$$$
Cover image
Finance and Financial Markets
Save
Provides a comprehensive overview of commodity risk management and is useful as a reference tool
Finance and Financial Markets
Paperback
Check
Finance and Financial Markets
Kindle Edition
Check

Share

Help others find this course page by sharing it with your friends and followers:
Facebook
LinkedIn
Reddit
X
Link
Email

Similar courses

Here are nine courses similar to Commodity and Currency Hedging.
Derivatives Markets: Advanced Modeling and Strategies
Most relevant
Risk Management Tools and Practices
Corporate Finance II: Financing Investments and Managing...
Advanced Topics in Derivative Pricing
Market Risk Management: Frameworks & Strategies
An Introduction to Credit Risk Management
Hedging Foreign Exchange Risk
Risks in Project Finance: Case Studies and Analysis
The Complete Foundation FOREX Trading Course
Course image
Level
Intermediate
Via
Coursera
Institution
Rutgers the State University of New Jersey
Instructor
Don Klock
Language
English
This course belongs to a collection called Advanced Global Procurement and Sourcing. It's comprised of seven courses:
  1. Introduction and Course Outline
  2. Leveraging Technology to Achieve Results
  3. Procurement Organizations
  4. Global Procurement in a Post Covid World
  5. Commodity and Currency Hedging (viewing)
  6. Special Topics and Specialization Wrap-up
  7. Supplier Partnerships
Good to know
Appropriate for self-guided learners who already have subject matter expertise
Requires some background in hedging or risk management for optimal understanding
Provides a basic introduction to hedging and risk management, suitable for beginners
Taught by Don Klock, who is recognized for their work in finance and risk management
Share and help others discover this course.
Facebook LinkedIn X Reddit Link Email
Don't miss out
Enroll today to gain access to this course
Enroll in this course
Our mission

OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.

Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.

Find this site helpful? Tell a friend about us.

Affiliate disclosure

We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.

Your purchases help us maintain our catalog and keep our servers humming without ads.

Thank you for supporting OpenCourser.

© 2016 - 2024 OpenCourser