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''Association of Corporate Treasurers - qualifications.''
1.  


The MCT Advanced Diploma is the full membership qualification for the Association of Corporate Treasurers (ACT).
Arranging that in a portfolio of assets and liabilities the cash flows generated by the assets can be expected to meet the liability payouts either because (1) the assets generate income of the right amount at the right time or (2) because the market values of the assets are linked to (positively correlated with) the market values of the liabilities.


The MCT qualification is designed to make a strategic impact on your career, for your organisation and in your thinking, as the leading senior level professional qualification in treasury, risk management and corporate finance.


For new students, the MCT qualification is replaced by the Advanced Diploma in Treasury Management, with effect from February 2019.
2.  


Equalising or approximating the modified duration of assets and liabilities in a portfolio, to manage interest rate risk.


==Former designation==
MCT was formerly also the designation for a full Member of the ACT.


All such full members now have the designation 'FCT' (Fellow of the Association of Corporate Treasurers).
3.
 
Equalising or approximating both the modified duration and the modified convexity of assets and liabilities in a portfolio.
 
 
4. ''Financial reporting''
 
The Accruals concept in accounting.




== See also ==
== See also ==
* [[Advanced Diploma in Treasury Management]]
* [[Accruals concept]]
* [[AMCT]]
* [[Correlation]]
* [[Association of Corporate Treasurers]]
* [[Diversification]]
* [[Certificate in International Cash Management]] (CertICM)
* [[Immunisation]]
* [[Certificate in Treasury Fundamentals]]
* [[Interest rate risk]]
* [[Certificate in Treasury]]
* [[Modified convexity]]
* [[Diploma in Treasury Management]]
* [[Modified duration]]
* [[Suggested solution]]
* [[Portfolio immunisation]]


[[Category:Financial_management]]
[[Category:Manage_risks]]
[[Category:The_business_context]]
[[Category:Ethics]]

Revision as of 11:26, 10 September 2020

1.

Arranging that in a portfolio of assets and liabilities the cash flows generated by the assets can be expected to meet the liability payouts either because (1) the assets generate income of the right amount at the right time or (2) because the market values of the assets are linked to (positively correlated with) the market values of the liabilities.


2.

Equalising or approximating the modified duration of assets and liabilities in a portfolio, to manage interest rate risk.


3.

Equalising or approximating both the modified duration and the modified convexity of assets and liabilities in a portfolio.


4. Financial reporting

The Accruals concept in accounting.


See also

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