Invitation Open Evening: Treasury Management & Corporate Finance | July 5 | Vrije Universiteit Amsterdam

29-06-2022 | treasuryXLVU Amsterdam | LinkedIn |

Boost your professional skills, knowledge and expertise in Treasury Management & Corporate Finance thanks to these high-level modules. Complete the programme and be awarded with the title of Registered Treasurer (RT).


The Vrije Universiteit Amsterdam invites you to join the Online Open Evening on Tuesday, 5 July 2022.

Treasury Management & Corporate Finance 19.00 – 20.00 hrs.


Sign up for the Online Open Evening


The postgraduate Executive Treasury Management & Corporate Finance programme combines two finance disciplines which largely overlap and are inextricably connected: Treasury Management and Corporate Finance. For this reason, it is a unique programme both in the Netherlands and abroad. It has now been running for more than 20 years at Vrije Universiteit Amsterdam. This postgraduate programme aims to promote development as an academic professional through a mix of academic theory and case studies of real issues in the field of treasury management and corporate finance.

Upon successful completion of this 18-month programme, you will be awarded with the title of Registered Treasurer (RT), a well-known and widely recognised title within the treasury professionals’ community. Exemptions apply to alumni of Dutch RC and RA programmes.

There are five key benefits of attending this programme

  • Broaden the perspective on the corporate treasury and finance disciplines that all-round corporate treasurers and finance professionals should master
  • Gain and master hands-on knowledge crucial in the daily practice thanks to a balanced mix of academic and professional expertise
  • Career development opportunities in a different setting thanks to the participation in the Thursdays lectures, leading to new ideas, insights and development
  • Interactive sessions are an added value of the programme, which explain and apply the main principles to professional practice through practical examples and business cases
  • Connect with the treasury community and fellow participants and build your own professional network

The programme Treasury Management & Corporate Finance at a glance

  • Start date: September 2022
  • Duration: 1,5 year (part-time)
  • Modules: 6
  • Time Investment: 130 hours per module including 8/9 weeks of four-hour teaching sessions and approximately 10 hours of self-study per week.
  • Tuition fees: € 22,500
  • Lectures:  Thursdays
  • Form: Physical classes (VU Amsterdam follows the advice of the RIVM for public health).

View all admission requirements, costs & practical information

Partners in delivering this programme are Orchard Finance, KPMG, PWC, Zanders and EY.

Best regards,

 

Herbert Rijken
Programme director



Treasury Management & Corporate Finance | Become an official Register Treasurer

23-06-2022 | treasuryXLVU Amsterdam | LinkedIn |

Improve your professional practice by taking a broad, conceptual and professional view on Treasury



The postgraduate programme in Treasury Management & Corporate Finance at the Vrije Universiteit Amsterdam is running now for 25 years. In close contact with the treasury community, the VU keeps the curriculum up-to-date and relevant for professionals. Professional relevance is guaranteed by about 10 core lecturers and 20 guest lecturers from our partners KPMG, Orchard Finance Consultants, PWC, Zanders and by other finance professionals.

About the programme

The programme takes a broad view over Treasury Management and Corporate Finance from the of a non-financial corporate. Most graduates have an MSc and at least 3 years of experience in Treasury. Participants with a bachelor degree and sufficient treasury experience are successful in this programme as well

The programme offers participants an 18-month learning environment that stimulates professional development in 2 ways:

(1) Evolve as an academic professional. The goal is to facilitate the development as an all-round treasury professional. This is done by both building a sufficient knowledge base and training skills to apply general knowledge in specific cases. In addition, participants will be challenged to become experts in their own specific field of interest.

(2) Engage in career development and networking within the Treasury community. Increase your insights and expand your network in your treasury network. The programme may inspire participants to take next steps in their careers.

Along these two main lines of benefits, we are planning to give more information and explanation in two follow-up online sessions/recordings which will be posted on this platform in the coming weeks.

Why should I start with the programme?

The most important takeaway from this post is the fact that the TM&CF programme is NOT a long course acquiring just knowledge. It is much much more than that. Apart from just knowledge the programme puts a lot of attention on creative application of knowledge to your specific business situation. It trains you how to become a professional expert to some areas in the field of Treasury you have chosen. The programme helps you to connect with other members of the treasury community and to build your own professional network by connecting with fellow participants.

The programme provides you a substantial boost in your career, as the qualification is acknowledged in the labour market, and/or game-changer in your professional life as a Treasurer. It is a must-follow for all passionate about treasury. Successful completion of the programme results in the title of Register Treasurer, which is highly valued within the treasury community.


Also read: Why becoming a Register Treasurer is so much more than completing a course! (By Pieter de Kiewit)


Online Information Session | Register Today

On the 5th of July, an online information session on the programme will be given in which we also discuss the potential benefits of this program for Treasury professionals. You can sign up here.



Best regards,

Herbert Rijken
Programme director


Visit the website for more information.

For more info contact @[email protected]

LinkedIn page of the programme


Why becoming a Register Treasurer is so much more than completing a course!

02-05-2022 | treasuryXL | Pieter de KiewitLinkedIn |

 

Next to being a treasury recruiter, I am also a very happy member of the so-called curatorium of the postgraduate education Treasury Management & Corporate Finance of the Vrije Universiteit Amsterdam. Graduates completed an intense 18-month program and can be recognized by the “RT” behind their name: Register Treasurer which can be translated into “chartered treasurer”. The program is taught in English, has already existed for over 20 years and there are many “RTs” in prominent places in the treasury community. Last week, I attended the latest diploma ceremony, was inspired, and decided I want to tell you more.

Read more

Invitation Extra Open Evening: Fundamentals of Treasury Management | April 21 | Vrije Universiteit Amsterdam

14-04-2022 | treasuryXLVU Amsterdam | LinkedIn |

Are you up for the next step in your career? Would you like to further develop your knowledge, skills and professional view on this fast-changing world?




We invite you to join our Online Open Evening on Thursday, 21 April 2022. Get inspired by our programme manager Robert Dekker and ask your questions during a live stream Zoom session.

Fundamentals of Treasury Management 20.00 – 21.00 hrs.

 


Sign up for the Online Open Evening



This is what graduates say about the course

Ahmed Fathi Ahmed – EMEA Sales Advisory Cash Management – BNP Paribas: ‘The certification Fundamentals of Treasury Management is an excellent way to build a solid background in a Treasury Management field. Indeed, it allows me to develop a very finest and an efficient toolbox with regards to International Cash Management, Supply chain and Trade Finance. That has helped me to better serve the large corporations that I manage in my company. Furthermore, I was thrilled to meet talented treasurers and professors which expanded my corporate network.’

Next course starting May 2022 More information & registration.

 

We are looking forward to welcoming you!

 

Best regards,

 

Herbert Rijken
Programme director

Invitation Open Evening: Fundamentals of Treasury Management | April 6 | Vrije Universiteit Amsterdam

30-03-2022 | treasuryXLVU Amsterdam | LinkedIn |

Are you up for the next step in your career? Would you like to further develop your knowledge, skills and professional view on this fast-changing world?




The Vrije Universiteit Amsterdam invites you to join the Online Open Evening on Wednesday, 6 April 2022.

Get inspired by our program manager Robert Dekker and ask your questions during a live stream Zoom session.

Fundamentals of Treasury Management 19.00 – 20.00 hrs.


Sign up for the Online Open Evening



This is what graduates say about the course

Ahmed Fathi Ahmed – EMEA Sales Advisory Cash Management – BNP Paribas: ‘The certification Fundamentals of Treasury Management is an excellent way to build a solid background in a Treasury Management field. Indeed, it allows me to develop a very finest and an efficient toolbox with regards to International Cash Management, Supply chain and Trade Finance. That has helped me to better serve the large corporate that I manage in my company. Furthermore, I was thrilled to meet talented treasurers and professors which expanded my corporate network.’

Next course starting May 2022 More information & registration.

 

We are looking forward to welcoming you!

 

Best regards,

 

Herbert Rijken
Programme director

Top 5 most read articles at treasuryXL.com and LinkedIn of 2021

04-01-2022 | treasuryXL |

Welcome in 2022! We are thrilled to share the Top 5 Most Read Articles with you below.

TreasuryXL has grown considerably last year, and our data shows us that our articles have widely been visited. We would like to take you to our most viewed website and LinkedIn articles of 2021. (Treasury Topic ‘What is’ articles excluded).


Top 5 treasuryXL website articles of 2021

  1. What are BIC/ SWIFT codes, how do you find them, and how do they work?

    by Xe

  2. Blank Sheet Treasury

    by  Jesper Nielsen-Terp

  3. 7 steps on how to make Cash Flow forecast a success

    by Bas Kolenburg

  4. Blockchain and the Corporate Treasurer: towards Smart Treasuries

    by treasuryXL, Carlo de Meijer

  5. The principles of multilateral netting: what, why and how

    by Enigma

 

Top 5 treasuryXL LinkedIn posts of 2021

  1. VU ‘Treasury Management & Corporate Finance’ Programme – Online Open Evening

    by VU

  2. 8 questions for Treasury Expert Philip who won the award for 2020 Best Fintech Solution

    by Philip Costa Hibberd

  3. Webinar Series Treasury Management | “Bitcoin. Is this the New Reality in Corporate Treasury or is it a Hoax?”

    by VU

  4. Interview | 8 questions for Kim Vercoulen, treasury recruitment consultant at Treasurer Search

    by Kim Vercoulen, TreasurerSearch

  5. Treasury: the sad story about the ones that do not get it

    by Pieter de Kiewit, TreasurerSearch


Thank you for being part of the treasuryXL community. Wish you all the best in 2022!

 

Kendra Keydeniers

Director Community & Partners

 

 

 

Wout van Wijlick

Marketing Coordinator

 

 

Invitation Open Evening Treasury Management | August 24 | Vrije Universiteit Amsterdam

29-07-2021 | VU Amsterdam |

Are you up for the next step in your career? Would you like to further develop your knowledge, skills and professional view on this fast-changing world?

 

The Vrije Universiteit Amsterdam invites you to join the Online Open Evening on Tuesday, 24 August 2021.

Get inspired by their teachers and programme director and ask your questions during a live stream Zoom session.

 

Register for Treasury Management & Corporate Finance at 18.00 hrs.

Register for Fundamentals of Treasury Management at 20.00 hrs.

For an overview of all the programmes, check out the Executive Education Website.

We are looking forward to welcoming you!

 

 

Webinar Reminder | April 28 | “Bitcoin. Is this the New Reality in Corporate Treasury or is it a Hoax?”

| 27-04-2021 | VU Amsterdam |

Have you signed up for the webinar for tomorrow? Here is your reminder call, enjoy!

This Webinar is offered to you by the postgraduate programme Treasury Management & Corporate Finance at the School of Business and Economics.

Webinar Treasury Management in short

Date:     Wednesday 28 April 2021
Time:     19.00 – 20.30 hrs.
Costs:    Free-of-charge

Bitcoins are in the news. Opinions vary a lot in between “the new global currency standard” and “difficult to understand in practice and governance”.  Corporate Treasurers need at least to have a start of an opinion. We see Tesla and other big corporates currently buying crypto currencies. What are opinions among corporate treasury professionals? Is investing surplus cash in crypto currencies the new reality in corporate treasury or is it a hoax?

Tristan Verhagen, a student in our TM&CF programme, will introduce the topic at this webinar. Tristan will share his provoking ideas about investing surplus cash in Bitcoin. Is this the New Reality in Treasury or a Hoax? Tristan wrote an academic paper on this subject and this has added value in terms of a new insight for the treasury professional and is very useful for experts as well as laymen to be updated on the issue.

Description Academic Paper

As the world grapples with the COVID-19 pandemic, it’s important for (institutional) investors and (corporate) treasurers to understand the effects of central bank and government intervention. Especially in the context of Bitcoin and the unique attributes it possesses. The role of central banks and governments in stabilizing the economy and the realization of economic growth in the aftermath of crises is becoming ever more important. Currently central banks and governments are “all in” to cushion the effect(s) of the current crisis. The response is considered to be bigger and broader than it was for the great financial crisis. Interest rates are historically low and central bank balance sheets have expanded considerably. This led to a significant increase in the money supply, which sparked a debate among economists about the implications for inflation.

When central banks and governments worldwide enact in ‘quantitative easing’ and increase the money supply, the associated fiat currencies depreciate in value. In contrast, Bitcoin experiences a ‘quantitative tightening’ (or reduction) of new supply as halving events programmatically decrease the number of new Bitcoin entering circulation regardless the demand for the asset. This feature is native to the digital protocol and possibly makes it the ultimate ‘store of value’ asset. During times of economic uncertainty and in a world where ‘software is eating the world’ more and more (institutional) investors and (corporate) treasurers are becoming convinced of the potential of Bitcoin. The paper/discussion aims to investigate to what extent this is justified.

Speakers

Tristan Verhagen MSc MSRE graduated in Strategic Management from Tilburg University. Real estate is the cornerstone of his career. He has worked for various real estate investors and is now Director Finance & Control at Eigen Haard. A few years ago, he fell through the Bitcoin rabbit hole and since then his views on money and monetary policy have changed significantly. He is open to the idea that Bitcoin’s unique properties will in the future lead to it becoming an important (macro) asset and therefore suitable for a large group of investors (e.g. insurance companies and pension funds).

Strong ideas are worth to have strong opposition, so we have two panel members to challenge the vision of the keynote speaker.

Wilko Bolt is a Senior Economist in the Economics and Research department at De Nederlandsche Bank in Amsterdam and Professor of Payment Systems at the Vrije Universiteit Amsterdam. His current research focuses on the payment economics, digital currencies, two-sided markets theory and antitrust implications. He has published in journals such as American Economic Review, European Economic Review, Economic Theory, International Journal of Industrial Organization, International Journal of Central Banking and Journal of Money, Credit and Banking. Bolt was awarded the Hennipman Prize by the Dutch Royal Economic Association in 2007 for his research.

Joan Schutte joined ASML back in 2014 as VP & Corporate Treasurer and is responsible for Treasury, Corporate Finance and Insurances globally. From 2010 to 2014 Joan was Director Treasury for VimpelCom (Veon) in Amsterdam. Before that, he worked 12 years for US based Sara Lee Corporation in various Treasury roles in Curaçao, Singapore and Chicago and as Finance Director for the global procurement function in Utrecht. Joan started his career in Treasury in Belgium for CSM NV and Campbell Soup Company. Joan holds a MSc in Economics from the University of Amsterdam. He serves on the Board of the Dutch Association of Corporate Treasurers (DACT) and has served on the Board of the Association of Corporate Treasurers Singapore (ACTS).

The webinar is moderated by Pieter de Kiewit, he is treasury aficionado, recruitment consultant and owner of Treasurer Search. Together with his team, Pieter finds candidates for interim assignments and permanent positions in corporate treasury. Pieter holds an MSc. in Organizational Science (Technische Bedrijfskunde, Universiteit Twente) and has over 25 years experience in international recruitment. In many ways he contributes to the treasury community by connecting people and companies. He supports educators, for example as a member of the management board of the RT programme of the Vrije Universiteit Amsterdam. On a regular basis he blogs, presents and moderates with the purpose to make treasury known by a bigger audience and facilitate experts to deepen their knowledge.

For whom?

We specifically invite our alumni of the PGO Treasury Management & Corporate Finance and those interested to join the programme and DACT members.  Of course, those professionally involved in the subject, TreasuryXL – followers, are also very welcome to join. A truly inclusive (corporate) treasury community!

 

 

4 questions for the Cash and Currency Manager at Boskalis

| 13-04-2021 | by treasuryXL | Kendra Keydeniers

Without a doubt you have seen the giant container ship ‘Ever Given’ blocking the Suez canal from March 23 till March 29, 2021. One week later we were very close to an unprecedented oil spill by a rudderless cargo ship, nevertheless this story got a happy ending. Boskalis, the leading global dredging and offshore contractor and maritime services provider, saved the world twice in nine days.

Back in 2019 we interviewed the Cash & Currency Manager at Boskalis, Steven de Klein. We took this momentum to look back and see when his career in treasury started and why he decided to start with the Register Treasurer program.

Steven de Klein decided to take a deeper dive into the world of treasury and started the Register Treasurer (RT) program in 2014. He graduated as RT  in 2017. Before moving into treasury, he studied Business Economics in Nijmegen.

His first experience in treasury was a good one, “The field of treasury is much greater than most people expect” said Steven.

With its roots in the Netherlands, Boskalis has over 100 years’ experience in hydraulic engineering, coastal protection and land reclamation. The head office is located in Papendrecht and they have an extensive network of branches around the world. They operate in 90 countries and across six continents, with a versatile fleet of more than 900 vessels and floating equipment. Shares in the company have been listed on Euronext Amsterdam since 1971.

We asked Steven 4 questions about the RT program:

  1. What for you was the main reason to start a career in treasury?

    During my final year at the Radboud University in Nijmegen where I studied Business Economics, I started at a small advisory firm specialized in (corporate) financing. That was my first experience in treasury and it suited me well. Soon afterwards I joined a development & construction company that showed me that treasury was more than just financing and before you know it, you are a ‘treasurer’.

  2. Why did you start with the RT program?

    After working within the same company for a few years I noticed that my learning curve was leveling out. I started to investigate what treasury courses and programs where available and found that the RT program is without any doubt the best and most comprehensive treasury course available in The Netherlands.

  3. How did the education help you in your career?

    Not only did I gain a lot of new knowledge about treasury, but also about related topics such as macro-economics, fiscal law and (hedge) accounting. This helps to connect the dots a lot better when you’re back at your daily job. It also brought me a new network of people, good memories and I even think my current job at Royal Boskalis Westminster NV.

  4. Are you still in touch with your peers?

    Absolutely, during the 2-year program you built a strong relationship with your peers, since you do spend almost a full day per week with them. This is also one of the bigger benefits of the RT program in comparison to at-home studies.

We have more RT stories to share with you, here are the stories of Bouke, Michel, Jarno, Mathieu and Richard.

The post-graduate Executive Treasury Management & Corporate Finance programme combines two finance disciplines: Treasury Management and Corporate Finance. These disciplines largely overlap and are inextricably connected.

After a successful completion of all required modules, the title of Registered Treasurer (RT) is conferred by the Registered Treasurer foundation.

Kendra Keydeniers

Director, Community & Partners treasuryXL

 

 

 

Webinar Series Treasury Management | “Bitcoin. Is this the New Reality in Corporate Treasury or is it a Hoax?”

| 12-04-2021 | VU Amsterdam |

This Webinar is offered to you by the postgraduate programme Treasury Management & Corporate Finance at the School of Business and Economics.

Webinar Treasury Management in short

Date:     Wednesday 28 April 2021
Time:     19.00 – 20.30 hrs.
Costs:    Free-of-charge

Bitcoins are in the news. Opinions vary a lot in between “the new global currency standard” and “difficult to understand in practice and governance”.  Corporate Treasurers need at least to have a start of an opinion. We see Tesla and other big corporates currently buying crypto currencies. What are opinions among corporate treasury professionals? Is investing surplus cash in crypto currencies the new reality in corporate treasury or is it a hoax?

Tristan Verhagen, a student in our TM&CF programme, will introduce the topic at this webinar. Tristan will share his provoking ideas about investing surplus cash in Bitcoin. Is this the New Reality in Treasury or a Hoax? Tristan wrote an academic paper on this subject and this has added value in terms of a new insight for the treasury professional and is very useful for experts as well as laymen to be updated on the issue.

Description Academic Paper

As the world grapples with the COVID-19 pandemic, it’s important for (institutional) investors and (corporate) treasurers to understand the effects of central bank and government intervention. Especially in the context of Bitcoin and the unique attributes it possesses. The role of central banks and governments in stabilizing the economy and the realization of economic growth in the aftermath of crises is becoming ever more important. Currently central banks and governments are “all in” to cushion the effect(s) of the current crisis. The response is considered to be bigger and broader than it was for the great financial crisis. Interest rates are historically low and central bank balance sheets have expanded considerably. This led to a significant increase in the money supply, which sparked a debate among economists about the implications for inflation.

When central banks and governments worldwide enact in ‘quantitative easing’ and increase the money supply, the associated fiat currencies depreciate in value. In contrast, Bitcoin experiences a ‘quantitative tightening’ (or reduction) of new supply as halving events programmatically decrease the number of new Bitcoin entering circulation regardless the demand for the asset. This feature is native to the digital protocol and possibly makes it the ultimate ‘store of value’ asset. During times of economic uncertainty and in a world where ‘software is eating the world’ more and more (institutional) investors and (corporate) treasurers are becoming convinced of the potential of Bitcoin. The paper/discussion aims to investigate to what extent this is justified.

Speakers

Tristan Verhagen MSc MSRE graduated in Strategic Management from Tilburg University. Real estate is the cornerstone of his career. He has worked for various real estate investors and is now Director Finance & Control at Eigen Haard. A few years ago, he fell through the Bitcoin rabbit hole and since then his views on money and monetary policy have changed significantly. He is open to the idea that Bitcoin’s unique properties will in the future lead to it becoming an important (macro) asset and therefore suitable for a large group of investors (e.g. insurance companies and pension funds).

Strong ideas are worth to have strong opposition, so we have two panel members to challenge the vision of the keynote speaker.

Wilko Bolt is a Senior Economist in the Economics and Research department at De Nederlandsche Bank in Amsterdam and Professor of Payment Systems at the Vrije Universiteit Amsterdam. His current research focuses on the payment economics, digital currencies, two-sided markets theory and antitrust implications. He has published in journals such as American Economic Review, European Economic Review, Economic Theory, International Journal of Industrial Organization, International Journal of Central Banking and Journal of Money, Credit and Banking. Bolt was awarded the Hennipman Prize by the Dutch Royal Economic Association in 2007 for his research.

Joan Schutte joined ASML back in 2014 as VP & Corporate Treasurer and is responsible for Treasury, Corporate Finance and Insurances globally. From 2010 to 2014 Joan was Director Treasury for VimpelCom (Veon) in Amsterdam. Before that, he worked 12 years for US based Sara Lee Corporation in various Treasury roles in Curaçao, Singapore and Chicago and as Finance Director for the global procurement function in Utrecht. Joan started his career in Treasury in Belgium for CSM NV and Campbell Soup Company. Joan holds a MSc in Economics from the University of Amsterdam. He serves on the Board of the Dutch Association of Corporate Treasurers (DACT) and has served on the Board of the Association of Corporate Treasurers Singapore (ACTS).

The webinar is moderated by Pieter de Kiewit, he is treasury aficionado, recruitment consultant and owner of Treasurer Search. Together with his team, Pieter finds candidates for interim assignments and permanent positions in corporate treasury. Pieter holds an MSc. in Organizational Science (Technische Bedrijfskunde, Universiteit Twente) and has over 25 years experience in international recruitment. In many ways he contributes to the treasury community by connecting people and companies. He supports educators, for example as a member of the management board of the RT programme of the Vrije Universiteit Amsterdam. On a regular basis he blogs, presents and moderates with the purpose to make treasury known by a bigger audience and facilitate experts to deepen their knowledge.

For whom?

We specifically invite our alumni of the PGO Treasury Management & Corporate Finance and those interested to join the programme and DACT members.  Of course, those professionally involved in the subject, TreasuryXL – followers, are also very welcome to join. A truly inclusive (corporate) treasury community!