International Financial Management (N1548)
Spring term
Mid-term Assignment: 1000 words essay/report
Due: week 8 (please refer to Sussex Direct for submission deadline)
You are the CEO of Sygma Ltd, a multinational company incorporated in the UK but do business in many emerging countries including Bolivia. In 2011 the central bank of Bolivia decided to adopt a crawling peg system for its currency, the Boliviano, against the USD. As a CEO you are asked to address the following points about the country’s economy and your company’s position:
a) Discuss the implications on the country’s economy after the change of the system (50%).
b) What strategy should you employ to manage the exchange rate exposure resulting from the change in the currency regime? (50%)
Please keep a copy of the essay for your own records. The essay should be submitted electronically via Turnitin.
Specific Guidelines
1- Your essay should not rely solely on the lecture notes and core textbooks.
2- You are expected to use external resources and professional databases (See below the list of exclusive databases) to learn more about the topic and provide an adequate analysis. All external sources must be referenced accordingly.
3- You are expected to mention all possible techniques to manage the exposure of the company, but speak in details about one technique.
The adopted technique must be different than the ones used in the module.
4- The use of AI is acceptable, however, only to help with structuring and to improve your writing style. Your content is your own responsibility, you are the one who should verify it by providing real market examples, data, figures and tables to support your arguments.
5- Your essay must rely on professional databases and trusted sources to cite (see full list below). You are not allowed to cite news feed, blogs, general newspapers that are publicly available.
6- You are entitled to use a numerical example of your own when it comes to the hedging technique.
Exclusive Data Sources
1. Peer reviewed Economics and Finance Journal Articles
2. Worldbank database
3. IMF database
4. ORBIS
5. FAME
6. FT
7. The economist
8. Other databases only if they are available through Sussex Library.
General guidelines:
I. Your essay should clearly demonstrate analytical, critical and evaluative skills in relation to international financial management.
II. It is expected that your essay should demonstrate a wide background of reading and research; and only then, you would get an above average grade.
III. All references should be acknowledged (see Library handout on reference styles –Harvard approach is strongly recommended).
IV. Good standards of written English and presentation are expected and marks will be deducted if such standards are not met.
V. The length of the coursework should be no more than 1,000 (exceeding the word limit will cost you 10% of the mark).
Writing Well and Avoiding Academic Misconduct
Plagiarism, collusion, and cheating in exams are all forms of academic misconduct which the University takes very seriously.
Every year, some students commit academic misconduct unintentionally because they did not know what was expected of them. The consequences for committing academic misconduct can be severe, so it is important that you familiarise yourself with what it is and how to avoid it.
The University’s Skills Hub guide to study skills gives advice on writing well, including hints and tips on how to avoid making serious mistakes. You will also find helpful guides to referencing properly and improving your critical writing skills. Make use of the resources there.
If you are dealing with difficult circumstances, such as illness or bereavement, do not try to rush your work or hand in something which may be in breach of the rules. Instead you should seek confidential advice from the Student Life Centre. The full University rules on academic misconduct are set out in the Examination and Assessment Regulations Handbook.