The IGP Institute will be hosting the Risk Management course in two sections:
Introduction to Risk Management - I August 5-7, 2019
Intermediate Risk Management - II August 8-9, 2019
Participants can choose one section to attend or they have the option of attending the full course, August 5-9, 2019. All sections will be taught at the Kansas State University IGP Institute in Manhattan, Kansas.
The Introduction to Risk Management - I course provides participants with an understanding of the principles and approaches to commodity risk management related to the purchasing and procurement of grains and processed products. The first three days will consist of presentations looking at an organizational approach to risk, hedging strategies utilizing both futures and options for both the underlying commodity, as well as related foreign exchange exposure.
The Intermediate Risk Management - II course participants will identify the full scope of possible risks associated with a commodity based business, along with appropriate methods of risk measurement. Further discussion will include how to establish risk limits and appropriate business structures, as well as how to incorporate this understanding into a comprehensive risk management policy for your business or organization. Presentations will also include how to appropriately account for deriviative and futures positions on a "mark-to-market" basis.
Who Should Attend
Domestic and international grain/soybean traders, commodity procurement managers, bankers and financial specialists, government officials and others responsible for commodity supply chain management and cost control.
The IGP Institute reserves the right to cancel or reschedule courses if minimum enrollment numbers are not met. If a course is canceled, participants will be refunded 100% of their tuition. If a course is rescheduled, participants will have the opportunity to have 100% of their registration fees applied to the rescheduled course or receive a full refund.
Upon request, refunds for withdrawal made prior to fifteen days before a course start date will be fully refunded, minus a 100 processing fee. Participants also have the option to roll registration to another course if used within one calendar year from the start of the course. Registrations can be transferred to other individuals upon approval.
Requests made fourteen days or less before a course start date will be not be refunded.