Final feedback and marks release
Module Code: UMAD5T-15-3
Module Title: Introduction to Finance
Assessment Instructions
This is a group assignment, to be carried out in groups.
Each group should be formed of 4 or 5 students. Please seek the module leader’s approval for groups of any other size.
500-word individual conclusions and reflecions. Each student in the group is required to write a reflection on the activities. There is no need for a group conclusion.
All group meetings’ minutes in the Appendix. Groups should meet at least 4 times. Therefore, there should be a total of 4 meeting minutes. A template of the group meetings minutes can be downloaded here: Minutes Template
Tasks
What is the product that you plan to sell?
What foreign country do you plan to target?
Using the Balance of Payments of the country over the past over 8 quarters, explain how each of these factors may affect the target country’s international trade position and the demand/supply of its currency, its economic attractiveness, and the prospects of direct foreign investments in the country.
N.B: Balance of Payments can be downloaded from the IMF website: https://data.imf.org/?sk=7A51304B-6426-40C0-83DD-CA473CA1FD52&sId=1542633711584
Compare the actual monthly exchange rates and the expected rates using the parity and determine whether the parity appears to hold. Would you use this parity to forecast future exchange rates?
With references to the relevant literature, determine whether the Relative Purchasing Power Parity or International Fisher Effect are useful models to forecast exchange rates.
Describe the different exposures to exchange rate risk, with examples of each type.
Is your business subject to transaction exposure? Economic exposure? Translation exposure? Explain why your business is or is not subject to each of these types of exposure.
The macroeconomic factors which you would need to monitor closely.
The exchange rate forecasting model that you are likely to use.
Formatting and Presentation
Please closely follow the following guidelines:
All work should be word processed in 12-point font Times New Roman or Arial, double spaced and justified.
Individual conslusions headings include the author’s student number.
The first page of your coursework must include:
Marking Criteria
PART I – 5 marks
The business idea is clear and well justified.
A full description of the data source, the formulae used for the exchange rate forecasting models.
The graphical representations of inflation, actual exchange rates, and expected exchange rate are included in the analysis.
PART V – 25 marks
The conclusion is based on the main body of the report and should not include new information.
The language used is academic and not include any contractions such as “They’re, isn’t…” and the like.
Word Limit
The maximum word limit for this coursework is 1,500 words for the main report and 500 words for the individual conclusions and reflections.
Referencing and Assessment Offences
UWE’s Assessment Offences Policy outlines potential offences and it is your responsibility to understand this policy and avoid potential offences. Details of what constitutes plagiarism and how to avoid it can be found on UWE’s Study Skills pages about avoiding plagiarism.
Text-matching software (e.g. SafeAssign) is used to check every submission against other submissions made at the same time, previous submissions to UWE and other universities, and internet sources. We may also manually search for matches. When submitting your work, you will be required to confirm that the work is your own.
Instructions for submission
You must submit your assignment before the stated deadline by electronic submission through Blackboard. Notification that the electronic submission portal is open for your assignment is displayed (usually two weeks before the submission date) in the Coursework tab in myUWE, the Assignment tab in Blackboard and via an announcement in the Blackboard course.
Please allow sufficient time to upload your assignment, as the system becomes busier and slower as the deadline approaches. Only your final upload will be counted. Ensure all your information is submitted at one attempt to avoid overwriting your intended submission. Always check and retain your receipts
Before submitting your work, please ensure that:
You have referenced in accordance with the guidance provided
You have addressed each of the marking criterion
Final feedback and marks release
Further guidance and support
There are a number of sources of support to improve your study skills, including:
The UWE Library Study Skills pages – for online support and bookable workshops
For further guidance on UWE assessment regulations and terminology see UWE’s Academic Advice pages.