Friday, October 22, 2010

Financial Executives International Competition

On Wednesday we had Rotman’s internal competition for the Financial Executives International competition. I was part of a team of four, including Irina, Shree and Matt Literovich. The case was on Tiffany’s expansion into Japan and how they wanted to protect themselves from exchange risk. All the teams did a comprehensive analysis on the potential hedging options and the exposure. It was very humbling to see the caliber of work produced by our classmates in such a short period of time.

It was great to work with my team mates and our discussion on the financial strategy was highly enlightening. In the end, we looked at a variety of strategies including forward contracts, put options and collars.

Yesterday, we found out that we were selected to represent Rotman at the national competition which will be hosted by Ryerson on November 12th. Unfortunately, Irina will be unable to attend, but Fei has gratiously joined our team.

We are all excited at the opportunity to represent our classmates and showcase Rotman talent as well as meet MBAs from all across Canada at the "Best-in-class" competition.

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