The Oxford Princeton Programme Announces New Certificate Program in Energy Derivatives Pricing, Hedging and Risk Management

The Oxford Princeton Programme will offer a new certification program in Energy Derivatives Pricing, Hedging and Risk Management to run in Houston and Calgary beginning in 2009. Recipients who complete the three-course requirement will immediately distinguish themselves as professionals who demonstrate advanced understanding, competence, and proficiency with the sterling reputation of our curriculum behind them.

Princeton, NJ (PRWEB) November 22, 2008

The Oxford Princeton Programme will offer a new certification program in Energy Derivatives Pricing, Hedging and Risk Management to run in Houston and Calgary beginning in 2009. Recipients who complete the three-course requirement will immediately distinguish themselves as professionals who demonstrate advanced understanding, competence, and proficiency with the sterling reputation of our curriculum behind them.

"Successful completion of this first of its kind certification will provide the industry with an easily recognizable distinction," says Jobert E. Abueva, Global Marketing Director, The Oxford Princeton Programme. "The comprehensive approach will benefit energy trading and support staff alike."

In order to complete this certification program the following two-day courses must be completed in this order:
Energy Derivatives Markets, Instruments and Hedging (DPH1)
10-11 March in Calgary
27-28 April in Houston

•     Overview of energy physical and financial markets
•     Spot prices and forward curves in energy markets
•     Using energy futures, forwards, swaps
•     Using energy options: hedging and speculation
•     Strategic and tactical issues around Hedging with energy derivatives
•     Exotic options
•     Options on multiple assets
•     Strategies with options

Energy Derivatives Pricing, Hedging and Risk Management (DPH2)
12-13 March in Calgary
29-30 April in Houston

•     Review of energy price behavior, probability and statistics
•     Energy derivatives structures
•     Mark-to-market vs. mark-to-model: introduction to derivatives pricing Models: conceptual interpretation. Uses. pros and cons
•     Analysis of derivative strategies
•     Energy price behavior: overview of spot price models
•     Market risk management for energy trading
•     Basis risk and derivatives in energy markets
•     Stress testing and backtesting for energy and commodity firms

Advanced Derivatives Pricing, Hedging and Risk Management (DPH3)
27-28 May in Calgary
15-16 July in Houston

•     Energy price Behavior: Overview of Forward curve models
•     Advanced hedging
•     Advanced derivatives pricing
•     Advanced market risk management for energy trading
•     Dynamic simulation of risk
•     Potential counterparty exposure for energy derivatives
•     Valuation and hedging of physical assets and long term contracts as real options

Requirements for this certificate include:

•     $450 enrollment and upon signing agreement which states intention to work towards the certificate.
•     Candidates have three (3) years to complete all three courses (DPH1, DPH2, and DPH3) as well as accompanying exams. Each course is offered at least once a year.
•     Once a course is completed, an exam paper will be mailed to the candidate and must be completed and submitted within three (3) months.
•     A brief paper is to be completed at the end of the final course that will enable candidates to apply some of the concepts presented in an area that would benefit them in their day-to-day activities (final topic to be chosen in consultation with the course director).
•      Note: Delegates who have already successfully completed TPD in 2007 or 2008 are eligible to enroll into DPH3 (no need to take DPH1 or DPH2).
•     Upon successful completion, a certificate and accompanying token of achievement is presented to the recipient.

Those who should attend include market risk managers, energy traders, trading managers, end-users of derivatives in corporations, credit risk analysts, risk consultants, risk and audit committee members and CFOs. Additionally treasury managers, finance department personnel, compliance managers, middle and back-office personnel, treasurers, treasury analysts and chief risk officers should attend.

Please contact Andrew Infante for more information about this or any of The Oxford Princeton Programme's wide array of training options at +1 (609) 524-1159 or via email ainfante@oxfordprinceton.com.

For a complete course outline and for other information, visit http://www.oxfordprinceton.com.
ABOUT THE OXFORD PRINCETON PROGRAMME, INC.

The Oxford Princeton Programme, Inc., with regional offices in Princeton, NJ, Oxford, UK and Singapore, is the world's leading provider of education and training solutions to the energy, commodity and derivatives industries. In addition to PrincetonLive.com, which offers more than 25 energy and commodity web-based training modules, The Oxford Princeton Programme provides more than 70 instructor-led training courses. Designed for all levels of expertise, courses include views of oil, power, natural gas and a variety of other energy, commodity and derivatives topics.

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