An ICRM Student’s Balancing Act
As I continue my journey through the International Credit & Risk Management (ICRM) course, I'm gaining more knowledge about international trade. I'm currently working through the fourth module on risk mitigation. I'm looking forward to starting module five later this week on establishing credit lines in payment terms with the hopes of getting a head start!So far, the module on risk mitigation expands on the foreign exchange risk in detail that domestic credit is not too involved in. I'm learning about the reasons for establishing a foreign exchange policy, the four primary types of credit derivatives and the pros and cons of using captive insurance for export risks. And that's only the start!
I've been working hard to balance my time this week as I continue my work responsibilities (researching, writing, interviewing and working on a feature for the April issue of Business Credit) all while tackling each ICRM module. But my plan is to finish both modules by the end of the week. Not only that, I'm preparing for an ICRM review session next week with the instructor. Wish me luck!
Until next time,
Jamilex Gotay, editorial associate