The study tackles about “The Impact of Attending Seminars to the Development of the Analytical Skill of the Financial Management Students”. The discussion started by introducing what is seminars and its main purpose. Seminars help a lot to spread and inform the people about new informations and ideas. It provides also opportunities to the attendees to meet and know formal persons in different industries. The importance of seminars could also enhance skills of the attendees specifically the analytical skill of a person. In a way that the person will be more motivated to think and plan for their future because they were motivated by the new ideas they learn from the speakers. This paper also discusses the impacts of the seminars and this was proven by the result of the surveys which the respondents rated. Ending this paper is the conclusion about the what could be the influence of the seminars and how can it will motivate people to attend seminars.
Seminars are bringing up a small group to discuss a particular subject requiring the attendee to actively participate. The importance of seminars to the analytical skill of financial management students are being shared and learned. From the study of John Whilttaker (n.d.) the financial analytical and negotiating skills of the students are being developed. Another study done by Jean-Marc Hackey(n.d.), information exchanges exist in the seminars. The speaker who shares and discuss with his/her experiences also learned from the opinion of the listeners or the attendees.
The skills of the financial management students are being developed including the study of Naran (2002), the logical reasoning of the attendee. In a way that the attendees like students learn to study, examine and have a fully understood of the text or the subject to come up with a good conclusion to their work. Another skill benefited by the seminars are the thinking skills of the attendees, the listeners became more critical in thinking and analyzing. In addition from Cortell (n.d.) the evaluation and weighing up of text, opinion, arguments and solutions of the attendee’s improve.
Those who will be attending the said seminar will also be benefited by developing this analytical leadership. By the study of Jeanne Harris and Elizabeth Craig (n.d.), their analytical leadership covers the unique qualities of a leader. Analytical leadership also takes steps to care, develop and retain the core skills of a person to fully develop into an analytical leadership skill.
Block, S. B., & Hirt, G. A. (2005). Foundations of Financial Management (11th ed). The
In the Freire’s “the banking ‘banking’ concept education.” he interpreted that teacher deposit themselves contains reality to students, and take the concept as if reality although it is far away from our life. This kind of education model led students to adapt the world, but not judges the world personally. T The capability of banking education to minimize or annul the students’ creative power and to stimulate their credulity serves the interest of the oppressors, who care neither to have the world revealed nor to see it transformed (Freire, Pg.217). The process of teacher’s teaching just an information transition, this act make students away from real life and world. Hence, banking education makes people apart from praxis. Apart from the way to be a fully human being in the real
The course that I took this term on money and banking was of great value to me. It taught me some very important things. One of the most important things that I learned in this course was that the Federal Reserve is the best resource for information concerning the economy. Another important thing that I learned was that interest rates mean different things to different people. A third very important thing that I learned was how a financial crisis can start in the United States.
The concept of banking education attempts “by mythicizing reality, to conceal certain facts which explain the way human beings exist in the world; problem-posing education sets itself the task of demythologizing.”. Banking education rejects dialogue. dialogue is necessary in order to develop students’ critical thinking ability.The problem-posing method contrasts from the banking method. It is when teachers and students come together to discuss questions and come to conclusions. This method is a lot more useful because one persons opinion or views can be challenged by other peoples beliefs. This leads to open discussion where new information can be attained. This discussion helps people truly understand the realism of the world and helps them be able to apply the information used in real life. People can subconsciously pick things up from this and they might not realize it until they apply it later on in life. Once they apply it in real life they will realize that the way they are educated was the right way because they are actually able to problem solve and think for themselves instead of simply repeating information that they received. It takes more skill and it is a lot more satisfying when you solve a problem for yourself throughout questioning the topic. It is a lot better than just repeating information because this information that you learned previously is now
This paper will discuss the information found in the financial statements such as, balance sheet, income statement, statement of cash flows, and statement of stockholders’ equity. The financial statements will show the relation to planning, controlling, and decision making. Also, the paper will discuss some the reports and ratios that can be developed by analyzing the statements. The statements mostly used by managerial accounting are: budgets, forecast, variance reports, and ratios to name a few.
The importance of Understanding financial education, developing skills and management for the success in commercial world today.
Ehrhardt, M. & Brigham, E. (2011). Financial Management: Theory and Practice (13th Ed.). Mason, OH: South-Western Cengage Learning.
18} One of the most important skills is “financing and accounting.” It is the management of the money. So financing is how and where to use the money for the better improvement of the
This part of the study includes readings in literature and studies which have bearings on the present study. In view of this, the literature reviewed were those that concentrate on financial management capability, financial resources, financial management skills, performance, and eatery business.
The second lesson concentrates on the importance of financial literacy. There is one rule to follow so as to understand financial literacy – “Know the difference between an asset and a liability, and buy more assets.” In order to do this, you need to be able to understand and comprehend numbers instead of jus...
1. ‘Financial education helps us develop understanding and skills in financial management that are necessary for survival and success in the merciless commercial world today. It fosters financial stability for individuals, families and entire communities’. Professor Ram Karan in Financial Education Unit, 2013. Argue for and/or against this statement.
Block, S. B., & Hirt, G. A. (2005). Foundations of financial management. (11th ed.). New York: McGraw-Hill.
Finance is a field that had always fascinated me right from my undergraduate college days. What make me interested in this particular field of study are the art of finance and the complexity of investment market which would allow me to employ my personal skills, such as analytical and communication skills, along with my personal characteristics such as dedication and compassion for what I do. As one of the most important sector in the world, I believe it would provide me with a broad range of career options.
Never have I ever climbed a mountain peak. As a child, I imagined myself conducting expeditions in deep-frozen pathways, leading amateur explorers to the top of the world, and instructing rookies in surviving harsh blizzards. Even though slightly altered, my childhood dream has been achieved. I led a team of fellow classmates, in my Strategic Management course, to the success summit of a financial competition. Over the course of a semester, I and my teammates were supposed to create and manage a company of the IT industry, in a computer-simulated environment, along with other four rival teams. I dealt with strategy and financial matters of our virtual enterprise, while my colleagues were working on marketing and manufacturing. During the four months of the exercise, I have experienced finance from various aspects: capital budgeting, through selecting favorable investment for upcoming quarters; debt management, by assessing the necessary amount and efficiency of loans; profitability analysis and dividend policy, which had been used to compile the company’s general performance index. Working in a multinational team, which included an American, a Norwegian and a Moldovan, strengthen my negotiations skills, as well as flexibility and cooperation. But above all, this experience intensified my passion for finance. Of course, a pleasant bonus was the fact that, in the end, our company’s financial performance was six times the performance of second-best team.
Business finance has taught me how to manage risk and return as well as making capital investment decisions throughout the semester. Professor Schott has gone through each chapter carefully well making sure that each student grasps each concept before moving on. He has used many tools such as LearnSmart, lectures and homework assignments to make sure that us students have a good idea of the concept before giving us exams.