The Certificate of Banking Asset and Liability Management (CertBALM®) is widely recognised in the finance industry as a benchmark qualification for bank and building society asset and liability management. This acclaimed qualification attracts students from across the globe and is accredited by and delivered in conjunction with the Association of Corporate Treasurers.
The CertBALM® qualification was originally developed by ALMA in 2014-16 and is updated regularly to reflect the latest developments and regulation in bank and building society treasury management. It is a Level 6 benchmark qualification equivalent to a final year’s Honours degree and equates to 200 hours learning over a period of six months.
All teaching is in English and you must be sufficiently fluent in English to be able to benefit from your education.
Why should you study for the CertBALM®?
The course is run by experienced ALM practitioners and will give you a firm understanding of how to manage a bank’s balance sheet, i.e. the management of capital, liquidity and funding as well as interest rate risk in the banking book. The course will equip you with the expertise to help identify risks associated with asset and liability risk management, recognise the practical problems arising from these risks, and understand how to mitigate or resolve them. On completing the course, you will also have a full understanding of the regulatory context of bank balance sheet management and the associated governance requirements
What will you learn with CertBALM®?
On completing the course successfully, you will have gained a comprehensive understanding of:
- The fundamental concepts and risks of asset and liability management across all the major categories and how the modules inter-connect;
- How to quantify the analytical and quantitative methods for measuring and explaining ALM risk;
- How to recommend and advise your employer or client on options to solve issues that arise in bank treasury management. You will also have the expertise and confidence to explain those options’ relative merits from the viewpoint of, for example, practicality, materiality, effectiveness, culture and risk appetite.
- How to “Communicate and Apply” the complexities of ALM using practical examples.
How is the CertBALM® structured?
Unit 1: Overview: banking, treasury and ALM
Unit 2: Capital risk management
Unit 3: Liquidity and funding risk
Unit 4: Market risk in the banking book
Unit 5: Integrated asset and liability management
How you will learn with CertBALM®
To cater for our busy students across numerous time zones and with a host of different demands on their time, studying for the CertBALM® qualification could not be more flexible. The course material is accessed online. Study on the go – anywhere, any time.
To complement the online self-study, the course includes a compulsory four-day residential school in London. You will also have the option to attend a case study/assignment-writing workshop. More information can be found in the key dates section below.
How will you be assessed with CertBALM®?
You will be assessed through a combination of progress tests, online exams and case studies/assignments.
To find out more details about the CertBALM® contact: project.manager@ukalma.org.uk
Fees
- £3,500 + VAT (£4,200)
- Assessment fees of £145 + VAT per exam
- Accommodation cost for four-day residential school which is £130.20 including VAT per night