Foreign Finance And Derivatives Markets - 944 Words

Influenced by my, who has invested in the capital market for nearly twenty years, I have targeted investment banking as my preferred career goal. I studied Finance as an exchange student at Imperial College Business School this summer. In International Finance and Derivative Markets classes, I was totally obsessed by the dancing figures and logical charts in the financial world. At the same time, the crash of the Chinese Stock Market provoked controversial discussions in my class amongst students and professors from different countries and with diversified backgrounds, especially when talking about the relationships between financial products (for example, Credit Default Swap) and some well-known financial crises, my classmates came up with a deluge of ideas. This experience further confirmed that I had a deep interest and enthusiasm in finance. I was eager to learn about what happens in the background of these activities, hoping to improve my skill set to provide professional analys is and advice to the general public. Hong Kong is a vibrant city and is rated the third in the Global Financial Centers Index in 2014. The HKU MFIN programme is a well-designed finance programme and the four basic courses of this programme based on CFA curriculum equip students with both quantitative and qualitative skills. One stream of the Master of Finance Programme, Corporate Finance, appeals to me most as it complements my career goal to work as an Investment Banker after graduation. ToShow MoreRelatedA report on the hedging strategy of CITIC Pacific Limited1729 Words   |  7 PagesIntroductionThis report is to check the hedging strategy that was used and lead to the huge loss of CITIC Pacific Limited and point out the importance of managing foreign exchange exposure through select appropriate hedging strategies. The huge loss of CITIC Pacific Limited and its cause is discussed in the first part. The importance of hedging and the tools of hedging are respectively reviewed in part two and part three. Finally, suggestions are given out on how to design proper hedging strategiesRead MoreThe Exploration Of Apples Historical Background1115 Words   |  5 Pagesbackground will examine the nature of business activities that will deem relevant. The products and services Apple provides to businesses and consumers; and the geographical exposure from where the products are produced. The analysis will entail foreign exposure that is emphatically in nature to the success that entails the company’s success. Background The company is a California corporation established in 1977, created by Steve Jobs whom has been an innovative to Apple products. Apple createdRead MoreHow Does Exchange Rate Stability Affect Hedging Strategies For Multinational Organizations?832 Words   |  4 Pagesdifferences. If the multinational corporation owns foreign direct investments, and the currency appreciates in relationship to the dollar, there can be a substantial increase in the revenue generated based upon those currency exchange differences. Conversely, if the U.S. dollar strengthens in comparison to the currency of the foreign invested asset, there may be an attenuation of profits or augmentation of losses. Hedging currency fluctuations through derivatives, futures contracts, and operational spreadingRead MoreMcdonalds Risk1250 Words   |  5 Pagesthose risks for the conduct of the audit. Financing and market risk The Company generally borrows on a long-term basis and is exposed to the impact of interest rate changes and foreign currency fluctuations. Debt obligations at December 31, 2007 totaled $9.3 billion, compared with $8.4 billion at December 31, 2006. The net increase in 2007 was primarily due to net issuances of $573 million and the impact of changes in exchange rates on foreign currency denominated debt of $342 million, partly offsetRead MoreAn Analysis Of Investor s Perception For The Investment1571 Words   |  7 Pagesâ€Å"An analysis of investor’s perception for the investment in capital markets in India since globalized period† Varun Agarwal Dr. Vipin Gupta Research Scholar Department of Mgmt Management Department ManagementRead MoreForward Contract1650 Words   |  7 Pages Because of this factor, international markets have increased rapidly, therefore a large number of companies have been particularly interested in global operatings, such as, export trade, import trade, overseas sales (Moosa, 2003). A subsequent significant trouble looming large for multinational firms is a fluctuation of exchange rate because generally international transactions denominate in foreign currency. This state makes it clear thatRead MoreInstruments Used for Hedging Exchange Rate Risks in the Forex Market, Based on the Practices of Hsbc Brazil1464 Words   |  6 PagesInstruments  used for  hedging  exchange rate risks  in the forex market,  based on the  practices  of HSBC  Brazil Final Paper International Financial Management Since Multinational Corporation’s performance is affected by exchange rate fluctuations the  assessment of their vulnerability  relating to unexpected developments in the foreign exchange market is one of the  biggest  challenges  for risk management. Due to the  prevailing volatility of financial markets, finding mechanisms to hedge companies against exchangeRead MoreHedging Tools For A Company s Risk Management Essay905 Words   |  4 Pagestwo important hedging tools in Chapter 5 of the text relating to a company’s risk management are Forwards and Options. These tools will be outlined and defined here, and their relative merits considered, in reference to managing foreign exchanges risks. USES: â€Å"Foreign exchange† is exchanging one currency for another. Thus, â€Å"one can hedge a Euro payment using a forward exchange contract, or debt in Euro, or futures or perhaps a currency swap.† (Giddy, Undated). These particular hedging toolsRead MoreFinancial Markets And Their Roles Essay1665 Words   |  7 PagesFinancial market Financial Markets and Their Roles A financial market is any marketplace that serves as an avenue for the buyers and the sellers to be involved in the trade of assets such as equities, bonds, currencies and derivatives. These markets are typically defined by having transparent pricing, basic regulations on trading, costs and fees, and market forces determining the prices of securities that trade. Financial Market Structure In economic parlance, it is a system which allows people toRead MoreDifferences Between Sole Proprietorship, Partnership, And Corporation841 Words   |  4 Pagesthe debt of the company â€Æ' 2. Explain the following corporate finance terms: Money market: One of the sections of a financial market where securities and financial instruments with short-term maturities are traded is called the money market. Capital market: Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc. Primary market: The primary market is the part of the capital market that deals with issuing of new securities. Companies, governments

Psychology Positive And Negative Psychology - 1645 Words

Positive psychology, is a new field of psychology that draw heavily on humanist influences. This area of psychology places its focus on understanding how to enhance our lives by studying what produces our happiness through the use of scientific methods to understand how this affects us leading healthy, happy and successful lives. Through the belief that society would like to lead meaningful and rewarding lives the goal of positive psychology is to, in addition the other fields of psychology, accompany these ideas in order to help individuals and society, as a whole, to achieve satisfactory lives, rather than just treating illness through the use of fighting our weakness by strengthening our positive traits. Martin Seligman, who is considered the â€Å"father† of positive psychology criticizes psychology for being primarily dedicated to addressing mental illness rather than mental wellness (as citied by Held, 2004). In response he states that in order to enhance the well-being and happiness of ourselves we must study psychology through a different means thus his aim of positive psychology is to begin to catalyze a change in the focus of psychology from preoccupation only with repairing the worst things in life to also building positive qualities. It is the scientific study of what makes life worth living, it is the study of positive experiences, positive character traits, and the institutions that help cultivate them (Seligman, 2011). Although this may sound similar toShow MoreRelatedPsychology : Positive And Negative Psychology955 Words   |  4 PagesPositive Psychology We often think of psychology with a negative connotation. A reason for this is that for many years, psychologists focused more on the negative side of psychology. This part of psychology deals with peoples’ symptoms, wounds, disorders, and trauma (Morgan Nemec, 2013). 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The status quo was deficit-based, pathology-focused, and based on essential assumptions regarding human nature. These fundamental assumptions were largely less than positive, especially when examined from a rational perspective. As responses to the status quo, positive psychology and coaching psychology areRead MoreCarol Rogers Influence in Psychology1264 Words   |  6 PagesInfluence on Modern Psychology Introduction Carl Rogers is considered the founder of client-centered therapy, which asserts that childhood experiences affect an individual’s feelings, thoughts, and behavior (Rathus, 2004). The therapist must see the world from that of the client to be effective in treatment. Rogers has influenced many psychological theories and therapies present today, especially positive psychology. Despite this fact, many who practice positive psychology do not, or are not

David and Goliath Analysis free essay sample

In the story David and Goliath there is a great lesson to be learned. The story shows that you should never underestimate your opponent and be prepared for anything. David’s own intellect and knowledge of his own abilities enabled him to become the smaller, but stronger opponent. It all comes down to who is the better leader. David was a young shepherd boy who watched over the sheep while feeding and keeping them safe from the lions and bears. While watching the sheep David would spend many moments speaking to God and playing a harp. David’s brothers were at the battlefield and one day he was â€Å"sent to the battle lines by his father to bring back news of his brothers. † (Fairchild, 2012) David was not afraid to go to the place where the soldiers were fighting because he had the faith of God beside him. â€Å"While there David heard Goliath shouting his daily defiance and he saw the great fear stirred within the men of Israel. We will write a custom essay sample on David and Goliath Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page † (Fairchild, 2012) After hearing these threats for the past forty days David speaks to King Saul about fighting Goliath. King Saul carefully considers how faithful David is to God and his strength so he decided to allow David to battle Goliath. Goliath was a fierce nine foot tall soldier whom many were afraid of. â€Å"If Goliath won, the people of Souls land would have to be servants to Philistines. / If Goliath did not win, his people would become servants for King Saul. † (David and Goliath 1 Samual 17, 2012) Due to David’s age Saul feared David could not win. However David proved his strength with the help of God when he killed a lion and bear when they attempted to harm the sheep. David never let his size discourage or prevent him from facing a challenge. By David having belief in his self he becomes the strongest weapon available. After accepting the challenge against Goliath, David gathers a sling-shot and stones while Goliath is in a â€Å"suit of armor, a javelin, a sword and a special servant to carry his shield for him. † (David and Goliath 1 Samual 17, 2012) Now that they are suited for a battle David and Goliath come face to face. Goliath laughs at the size of David while David is confident with God by his side. David then uses his sling-shot to launch a stone at Goliath’s head which knocks him down on his face. The giant fell allowing David to take his sword and behead Goliath with it. David took advantage of Goliaths mistakes. He underestimated David’s ability and failed to move out of the way of the rock. If you are prepared for all obstacles and keep an open mind you are more likely to come out victorious. David’s own intellect and knowledge of his own abilities made Goliath the smaller, but stronger opponent. This story can be related to the difference between WW1 and WW2. During WW1 trench warfare was used. Trench warfare is a ditch dug out of the ground to give troops protection from the enemies. The soldiers used machine guns, mustard and chlorine gases and smokeless gunpowder to ward off the enemy. Machine guns were the main weapons used by soldiers. However â€Å"they needed 4-6 men to man them† (Tasker, 2012) and had to be positioned on a flat surfaces. When the mustard and chlorine gases were released the soldiers had to take great precaution to not breathe it in because the result is immediate death. These trenches also carried many diseases and rats making it a harsh condition for soldiers. By the time of WW2 also known as the â€Å"Cold War† the atomic bomb was invented. The atomic bomb has the ability to take out an entire city. Russia and the U. S. achieve nuclear equality under the doctrine Mutual Assured Destruction, which â€Å"reflects the idea that one’s population could best be protected by leaving it vulnerable so long as the other side faced comparable vulnerabilities. / In short: Whoever shoots first dies second. (Gaddis, 1982) Having this in place prevents the act of the atomic bomb; however the technology is there if needed. The first use of the atomic bomb was after the attack on Pearl Harbor at Hiroshima and Nagasaki. After seeing the destruction of the atomic bomb creates it was then a lesson learned of the damage it can cause as well as ended the war. This would be compared to David and Goliath by having knowledge is the greatest key in winning a battle. Without the technology of the atomic bomb who knows where we would be today. In conclusion when we think about David cutting off Goliath’s head we think its gruesome just as the Japanese thought the atomic bomb was a cruel and unusual form of punishment they were both something that had to be done to protect their people. David uses God as his guidance as we used technology to form atomic bombs. Having these weapons and knowledge makes us the free country we have today. The sacrifices made by many make us the strong country we are today.