75%(12)9 out of 12 people found this document helpful
This preview shows page 1 - 4 out of 12 pages.
Hedging currency risks at AIFSInternational FinanceHong Kong, 28thApril 2016Ashton RourkeGiulia MonteduroMaximo GonzalezBrett DexterSadaf NikyarHaoSheng Li
Table of contents1Divisions of AIFSRisk and Exposure of AIFS100% Forwards or Options scenarioNo hedge scenarioSales scenario1. AIFS Overview2. Case overview3. Case analysis4. ConclusiosOur suggestions
Founded in 1978 as the American Council for International Studies (ACIS)Organized educational travel to Europe, China, Mexico, Africa, Australia, and the AmericasAIFS organizes the airfare, transportation, hotels, guides, and etc. Low margins, high volumeMore exposed to world eventsOrganize study abroad programs for more the 5000 American university-aged students All courses are for academic credit Higher marginsOverviewGeographical presenceIs a leading provider in study abroad programsSends more than 50,000 students abroad each year Divided into college and high school divisions College division