| DME - AUD
Academy |
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Date: May 13 & 14 2007, Dubai
The DME and the AUD are delighted to invite you
to attend the first of a series of seminars on
commodity trading and risk management. The
seminar will run over a period of two days, the
13th and 14th of May 2007, from 9:30 am to 5:30
pm. Registration begins at 9:00am. |
Seminar: Principles of Risk Management
This two-day course provides participants with an
overview of the different types of risk and the tools
for measuring and managing risk. The course will provide
an introduction to derivatives, focusing on futures,
forwards and options as tools for risk management. The
course includes practical application of the material
studied, a case study on energy hedging by Jeff Curtis,
an oil trader at Vitol, and a visit to the Dubai
Mercantile Exchange, the region’s first energy futures
exchange. This course is essential for those with an
interest in understanding the basic foundation of risk
management. A basic level of finance is preferable,
although not necessary.
Venue: American University in Dubai
Course Instructors: Dr. Jihad Nader and Dr.
Mohammed Abu Ali
Dr. Jihad Nader is Provost and Chief Academic Officer
of AUD. He was formerly Dean of the School of Business
Administration, Dean of Executive Programs and
Professional Services, and MBA Program Director at AUD.
His academic and professional career spans over thirty
years during which he was a Citibank officer, a faculty
member, and an administrator at the American University
of Beirut, the University of Toronto, Wilfrid Laurier
University in Waterloo, Canada, Concordia University in
Montreal (Associate Dean), the Emirates Institute for
Banking and Financial Studies (Director of Studies), and
AUD. Dr. Nader has done consulting work for numerous
academic and training institutions, business firms,
professional bodies, and government agencies in North
America, Europe and the Middle East.
His research on financial institutions and markets,
corporate finance, pension plan design and liability
valuation, real estate lease valuation, banking
education, and other topics, is published in leading
academic and professional journals. He is a member of
the editorial boards of Logistics Information Management
(UK), The Journal of Developing Areas (USA), and the
International Journal of Accounting and Finance
(Canada). Claims, a leading risk management journal in
the US, ranked Dr. Nader's book, The Manager's Concise
Guide to Risk (Wiley Finance Series), among the "Top 10
Risk Management Books" published in 2002. Dr. Nader is
the recipient of several awards for excellence in
teaching and research.
Dr. Mohammed Abu Ali is currently Assistant Professor
of Economics in the School of Business Administration at
AUD. Dr. Abu Ali was formerly Head of Business
Environment in Corporate Planning, Qatar Petroleum (QP).
He managed the economic & business research program for
his department to deliver several documents: the World’s
Demand Outlook for Oil, Demand Outlook for Natural Gas,
Market Trends as part of QP business plan, Economic
Outlook for Qatar 2025 and Price Assumptions for the
National Budget and Demand & Investment Opportunities in
Asia-Pacific Region. He also conducted economic research
on impact of liberalization of trade in
energy services on the energy and private sectors in
Qatar.
As an Economic Consultant at the World Bank, Dr. Abu
Ali conducted the research on macroeconomic volatility
in eleven countries of Middle East North African region
(MENA), and studied the impact of volatility on economic
growth and development, and on the Balance of Payment
Components in these countries. As a full time Financial
Advisor at Morgan Stanley, Dr. Abu Ali conducted
financial analysis and established investment portfolios
for businesses and individuals. He advised on financial
planning and managed assets and advised on asset
allocation. Mohammed maintained the first quartile rank
in production during his employment with the company and
obtained the MS Award for Excellence. Dr. Mohammed Abu
Ali is currently Chair of the Finance and Accounting
Department, and Assistant Professor of Economics in the
School of Business Administration at AUD.
Topics that will be covered include:
- Risk: Definitions, types, measurement and
management, with a focus on commodity price risk
- Derivatives: Definition, types, determinants of
value and hedging applications
- Focus on options: Calls, puts, valuation,
put-call parity, option strategies and outcomes,
hedging with options
- Focus on forwards and futures: valuation, basic
mechanics, marking to market, applications in
hedging commodity price risk
This seminar is designed for:
*Professionals who have an interest in understanding
the fundamentals of risk management, its application in
the business environment and the management of commodity
price risk through the use of derivatives. A basic
knowledge of financial concepts is preferable but not
required.
Cost of Seminar: US$ 1,100 (AED 4,050) per
delegate (cost includes documentation, lunch,
refreshments).
Registration and Further Information:
There is very limited space available, so if you wish to
participate, early registration is advised.
To reserve your space please contact:
Rim Ibrahim of AUD on +971 4 318 3139 or email her at
ribrahim@aud.edu or fax us the registration form (click
here to download registration form)
to Rim Ibrahim on +971 4 399 8899.
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