Education: A must for the Future of the Treasury Community – Introducing the new “International Trea


Treasurer is a continuously evolving function. From 10 years ago, when the treasury function was limited to basic Cash Management, simple Foreign Exchange or Interests Rates Risk Management, and some Financing, it now covers also a range of additional tasks requiring more skills than the ones originally necessary. The Corporate Treasurer is more and more involved with strategic, key, often complex responsibilities within the Company.

Many enterprises face difficulty to recruit young treasury professionals. Indeed, with a few exceptions in France, the general offer in high value Treasury Education is extremely poor in the BeLux region. This creates the need for those companies hiring new resources to fill their vacancies in their treasury team, to opt for internal, hands on training, with the risk of concentrating the teaching on some specific topics and not always fully comprehensive.

And there is the danger. Or let’s talk about “Challenges” … As the treasury environment is confronted to the increase in regulatory requirements, the apparition of the FinTech’s world, the pressure induced by Cyber Fraud, the ever-increasing sentiment of not being heard or understood by the banking community, and many other potentially disruptive topics, treasurers lack education opportunities for their teams.

Luxembourg is certainly not immune from these risks.

To address the above concerns, ATEL, in cooperation with the House of Training (Chamber of Commerce of Luxembourg) has initiated a new project which has, as clear objective to provide an in-depth treasury cursus adapted to the today’s requirements of the Treasury Community. The targeted audience is not only the young finance professional freshly graduated, but also any one wishing to enlarge their knowledge in treasury or looking for a refresh of his expertise. This “International Treasury Management & Corporate Finance” cursus has been produced by corporate treasurers and academics for the Treasury Community. The trainers are a good mix of practitioners, academics and experts. There will be a good balance between “ex-cathedra” teaching and analysis of real business cases.

Some extra, optional, events such as specials guests lecturing and a visit to a bank trading room will complement a 104 hours courses split into half days and full days sessions, which will be given at the Luxembourg Chamber of Commerce building, spread between February and June.

An ATEL (Association of Luxembourg Corporate Treasurers) final certificate will attest the successful completion of all the mandatory modules, and we strongly believe that its value will quickly be recognized by the treasurer’s community.

ATEL and the House of Training believe that this program will fill a gap, long time identified in the Region, and will help promoting Luxembourg as a place to be for Treasury Activities!