Banking College Essays Samples For Students

According to the National Bureau of Economic Research, the most prolonged economic recession, which started in 2007 in the United States, has been over since June 2009. Nevertheless, American people are still experiencing its damaging consequences. Ordinary people are far more concerned with their family economics, and are in the midst of a struggle for their well-being. As Barack Obama claimed, for millions of unemployed people, for those who have trouble paying their bills from day to day, recession is still very real.
After the official end of Great Recession, real GDP has increased only by 2.9%, U. Continue reading...

Economics

Economics is a field of study that deals with analyzing the factors involved in the production, distribution and consumption of goods and services. Economics strives to explain how economies of different countries function and the interaction between different agents operating in those economies. Economics as a field of study finds application in different spheres of the society including businesses, governments, health, education, politics and other social institutions. There are two major categories in this field and they include microeconomics and macro economics.

Microeconomics and Macroeconomics

Micro economics is the branch of economics that deals Continue reading...

Finance is a science of managing funds. Finance also involves lending and saving money. Business finance, public finance and personal finance are some of the general areas in finance. There are different fields that finance deals with in relation of money, time, and risk. Mostly it majorly deals with how money is spend and budgeted for. Individual businesses and organizations normally deposit their monies in banks and the banks on the other hand lend money to other individuals or organizations for investment or consumption. Banks normally charges interests on the loans that they give out to individuals or corporations. Continue reading...

1. Capital

It is vital to increase the strengths of banks and hence their abilities to absorb economic stress and financial constrains. The global financial crunch was accelerated with the high vulnerability or susceptibility of the banking system and if this is to be avoided again, strong banking systems need be adopted.
Poor definition of capital, a lack of ability to build common banking system and generally the low quality of capital were the main causes the economic downturn.
With the increase in the capital quality, the banks are in a better position to absorb economic shocks on both Continue reading...

Introduction

Financial budgets refer to monetary estimates of expenditure that the organization expects to incur in future as it carries out its periodic business operations.
Budgets have proven to be important business tools over the course of time. One of the most important uses of the budget is that it can be used by the management of a business entity to make decisions. Decision making is the most important process in a business entity because it determines the direction of the business after a financial period. Financial periods are marked by losses or profits depending on how the entity has Continue reading...

Misallocation of funds

The Make a Way Foundation was founded with the aim of fighting poverty and hunger that involved communities with hope and self-reliance. The foundation had planned for a children’s summer expense project but in the process of goal realization for this fiscal year, it has been realized that there is a misallocation of funds that can be attributed to the following reasons.
Some officials who do the scoring for the awarding of the funds fail to follow the right criteria in many cases. So some applicants were unequally treated and in times were awarded more or fewer dollars Continue reading...

Economics

The European countries are facing lower growth rates, just as they faced in history. The austerity measures have brought pain to the euro zone, and these measures provided no relief. The euro zone countries are reducing their spending by the double digits. Such reduction is increasing unemployment in Europe. The eurozone countries are trying to find the possible ways that are suitable for countries that are stagnant economically for the prosperity of the countries. In order to achieve the better growth for the economies, the countries are adopting austerity. Austerity is the intentional deflation of the domestic prices and Continue reading...

Introduction

A negotiable instrument is a document that guarantees payment to a specific person. The instrument must name the payee or otherwise indicate his identity. A negotiable instrument is transferable and in essence, it is a signed document with a promise to pay the holder of the document a given fixed amount of money at a specified date or on demand. Upon the transfer of the instrument, the legal title of the instrument is passed to the owner.

Promise and negotiable instruments

A negotiable instrument is a document used in contracts, and which guarantees the payment of a given sum of money unconditionally on Continue reading...

Mayhew; Congress: The Electoral Connection. 1974

What does Mayhew assume is the number one goal of Members of Congress (MCs)?
According to Mayhew, members of the congress of the United States of America are primarily motivated by their behavior to seek reelection. The pursuit of reelection greatly affects the way the make decisions and formulate public policy. Mayhew links the motivation of members of the congress to institutional and political structure and it has widespread applicability in the legislative world. Pursuit of reelection hinders the performance of the members of the congress. They seek to influence federal spending in their areas of jurisdiction, and Continue reading...

The role of policy makers in any economy is to regulate macroeconomic activities with the main goal of maintaining economic stability. The goal of the policy maker is to maintain stability, which is significant in promoting economic growth and social welfare of the citizens. The policy makers have implemented various policies to stimulate the economy since the financial crisis when government suffered a critical national debt. They are also trying to implement a reliable strategy for balancing the government’s budget in the long- run to solve macroeconomic problems. Therefore, implementing long-term fiscal sustainability is vital for today’s Continue reading...

Government spending refers to the money and resources that the government uses to cater for basic but essential national goods and services. Ideally, government spending can either be investment or consumption oriented. They include defense, education, health and infrastructure among other services. In the United States, there has been a gradual development in the rate at which government spending has been carried out since1960 (Siu par 8). First, education has taken a rising pace through which government spends to facilitate the development of education. Ideally, the proportion of the GDP was rated to be apportioned by 0.20% that has Continue reading...

Internal control practices are the activities that enable a company to maintain an environment that is solely focused on accountability and ethics. These are systems that are put in place to safeguard the resources of the business. By putting in place these practices department benefits in the following ways; one of the benefits is that the internal controls provide checks and balances on the usage of resources. They also ensure that the areas of priority in an organization are identified as well as addressed. Another benefit of putting in place internal controls is that it allows the company to Continue reading...

Golf Corporation

Liquidity Ratios:
Current Ratio for the year 2012 = Current Assets / Current Liabilities
Current Ratio for the year 2012 = 2,000 / 2,000
Current Ratio for the year 2012 = 1
Current Ratio for the year 2013 = Current Assets / Current Liabilities
Current Ratio for the year 2013 = 3,000 / 4,000
Current Ratio for the year 2013 = 0.75
Quick Ratio for the year 2012 = Current Assets – Inventory – Prepayments / Current Liabilities
Quick Ratio for the year 2012 = 2,000 - 500/ 2,000
Quick Ratio for the year 2012 = 0.75
Quick Ratio for the year 2013 = Current Continue reading...

Summary

The global economic crisis that happened between the year 2000 and 2010 was largely due to the issue of mortgage securitization. Mortgage securitization emanated from firms developing new securities from the mortgage obtained by buyers and developing business with investors from these new securities. The development of mortgage securities begins with the buyer of a homeowner paying cash to secure ownership of the house. To obtain the cash, the buyer secures a mortgage using a mortgage broker who secures the mortgage from a securitizing firm. The securitizing firm then creates new securities, which it sells to potential investors. The Continue reading...

• Assuming a constant rate for purchases, production, and sales throughout the year, what are Casa de Diseño exists operating cycle (OC), cash conversion cycle (CCC), and resource investment need?

The existing Disenos’ operating cycle (OC)    

  =average collection period + average age of inventory = (75+ 110) days = 185 days Existing Cash Conversion Cycle (CCC) 
= OC - average payment period = (185 – 30) days = 155 days Resources needed    
=cost of operating cycle investment ×CCC365= ($ 26,500,000 ×155)/365= $11,253,425
• If Leal can optimize Casa de Diseño’s operations according to industry standards, what will the company’s operating cycle (OC), cash conversion cycle (CCC), Continue reading...

The State of Texas has a regressive tax system. Lower income households see higher effective tax rates than households with higher incomes. The state does not have income taxes levied on individuals as a source of revenue. The significant sources of revenue in the State of Texas include sales taxes which accounts for an estimated 50% of the total taxes (House Research Organization 1). The state also gets revenue from the Federal Government which funds programs in healthcare, transport and education, this is done inform of outright grants or matching funds. The state of Texas gets non-tax revenue from Continue reading...

There have been a lot of crises throughout the history: South Sea Bubble (1720), Cuban missile crisis in 1960s, OPEC oil price shock in 1990s, Asian financial crisis of 1997, Economic crisis in Mexico (1994) and many others.
However, the financial crisis of the 2007-2008 is said to be the worst crisis since the Great Depression of the 1930s. First victims were the countries, which are the biggest financial centers in the world. Later, in a year or half, the rest of the developing countries started to suffer from the financial crisis that became global.
The term of the Continue reading...

INTRODUCTION

Since the Great Depression of 1929-30, the worst financial crisis was witnessed during the end of 2008. Numerous American and European banks declared going into loss by the end of 2007. Later, Lehman Brothers, the 158-year old investment bank went bankrupt; Merill Lynch, the investment bank and the stock-broking firm was taken over; Goldman Sacks and Morgan Stanley seek the status of bank to receive protection against bankruptcy. It was during the same week that the other four investment banks on the Wall Street collapsed.
The global financial crisis of 2008 was one of the most critical ones in Continue reading...

Introduction

Shylock is presented as a villain as shown by his stringent terms he gave Antonio while borrowing loan from him. Shylock is evil because he treated Antonio unfairly because he was a Christian. He gave very strict conditions of repaying his loan. He argued that if Antonio failed to pay the loan a pound of flesh will be cut from his body. This condition showed how inhuman Shylock was towards the Christians. "Two thousand ducats in that and other precious, jewels my daughter were dead at my foot " Act 3 Scene 1 line 83. Shylock also wanted her daughter Continue reading...

In recent years, China has exhibited rapid economic growth due to massive debt and injection of government subsidies. Leveraging is essential for funding modernization efforts, but when done excessively, it signals an unbalanced economy. Statistics given by Fitch (2013) show a rise in overall credit in China from US$9 trillion to US$23 trillion since 2008. If history is anything to go by, China is headed towards a banking crisis and severe credit crunch since credit is the lifeline for its state-owned companies (Chen 2006, p. 11).This essay reiterates the chances of China experiencing an economic crash Continue reading...

For RTWMTC, budgeting is important since it will allow the company to plan its expenditures. It will allow for a balance between the capital and recurrent expenditures. This will ensure that the company maintains growth in a balanced manner hence avoiding illiquidity or insolvency. The other reason is that the budget will allow this company to manage its financial information and also review it on a real time basis. This will be achieved by maintaining an automated budgeting system which will ensure that the company makes timely and right expenditure decisions (Besley & Brigham, 2008). Thirdly, it is a means Continue reading...

Introduction

The Journal of Banking and Finance (JBF) essentially undertakes the mandate of publishing both the empirical and theoretical research, it doesn’t publish any other research but rather those within the span of finance and banking. Its main objective as stated within the scope of their mission is fundamentally to ascertain a flow and availability of research that pertains to capital, money, and operations of the financial institutions. Ensuing the fact that this journal accomplishes the mandate of assuring a continued flow of research materials about banking and finance, recent articles from this journal will be analyzed to deduce Continue reading...

Answer a)

Market is said to be efficient when the same amount of information is available to all investors at the same amount of time. In other words, an ‘Informational Efficient Market’ is said to be efficient Nobel Laureate, Eugene Fama was the strong proposer that the market is efficient, i.e. , since similar amount of information Is available to all the investors at same amount of time, all the stocks in the market are perfectly priced and no investor can beat the market returns.
However, whether the stock markets are efficient or not, the topic is still in debate despite of Continue reading...

The collapse of both Barings Bank and Enron brought some insight and worthy lesson that can be adapted in accounting in its various capacities. Their failures among other big corporations have indeed brought the need of the proper understanding accounting in its qualitative, independent and objective aspects. As it was noted in Brown’s “Making sense of the collapse of Barings Bank, Human Relations” contributions, accounting and the various practices involved in it produces various texts that include; press releases, annual reports and even security regulator documents. They give a company’s story over a specific period of time.
Continue reading...

Waldron and White declared that the manganese rich sedimentary rocks of Nova Scotia and Wales are Cambrian. They discovered that these rocks were deposited in a deepwater turbidite basin called Megumia and not on the Avalonian shelf. We found that the geo-chronological data does not conflict with the Early Ordovician deposition age for manganese rich sedimentary rock of the Rheic suture. This region included Nova Scotia and northern Wales. They said that “Megumia” is part of the Avalonian plate and manganese rich rocks formed on its shelf.
They performed a coticule study and found that occurrences of coticules and Continue reading...

The accuracy of the information that health organizations use is a critical asset to the healthcare decision making. The decision made should be based on identification and assessment of appropriate data sources done within the boundary of the data of interest and its availability. The healthcare information is extremely critical as it primary; contains demographic information from admission, medication uses, discharge and treatment of all patients. The health data also contains coronary anatomy and intervention from the laboratory module (Lichtenstein 2004). In addition, health data is obtained directly from the patients, therefore, gives a true reflection the state of Continue reading...

In our country, politics has been known to be a game for the rich and cunning. This is because of what happens in the Arena, of which the faint in heart cannot handle. To be specific, public money has been noted to be mishandled and misappropriated. The public ends up being taxed heavily in the name of economic development, but only the few benefit from this programs. With these in mind, there is need for a program to be set up to ensure that public money is well spent in areas that majority of the population will benefit. A Continue reading...

The creation of reforms in the health sector requires a combined effort from the various stakeholders. Individuals can aid in promoting health reforms through having group meetings. During such meetings, they can discuss the challenges they face in acquiring health services and how to solve these challenges. They can even make individual contributions to raise funds for purchase of certain medical equipment that are unavailable at the area medical center. Furthermore, individuals ought to make their voices heard by the government in situations whereby a health care facility is non-existent. It is their right to demand for such facilities Continue reading...

1.2 RELEVANCE OF THE STUDY TO KUWAIT
Making responsible decisions in real estate lending is a concern that is largely relevant to the economic setup of Kuwait. The economy of Kuwait, firmly founded on industries related to oil and gas, business and commercial services, and real estate, largely rests on its strong banking system. Kuwaiti banks are known for high capitalization and derive strength from government support via policies and intervention via the Central Bank of Kuwait. However, it is noteworthy to emphasize that the real estate and investment sectors of Kuwait have been exposed to the economically hazardous Continue reading...

1- What items dominates the budget?

The items that dominate the budget include; education, infrastructural development and private sector initiatives. Other key areas that the budget focus on include creating more jobs for the people and focusing on revenue collection. Domination of items is based on the importance attached to them. Some of the areas that budget focus on are directly related to one another. For instance, in infrastructural development, when the sector is active, a number of jobs can be created as without much of a hustle. The budget focused on critical areas capable of boosting economic stability. In a sense, by looking at Continue reading...

There can never be two centers of power; the buck must stop somewhere. This saying is true in the case of state right’s and the union. In order to understand this phenomenon, it is important to look back in time to the period when the union was conceived. U.S. founding fathers deliberately divided sovereignty between the states and the federal government. The vision was that the national and devolved units of government would work together harmoniously. However, this was the recipe for a subsequent power struggles in the succeeding years. The battle lines were drawn. On one side, Continue reading...

According to an article posted on the online Wall Street Journal on 3rd March, 2014 said that most American citizens are going for loans supposed to be offered to students. The reason as to this is that these loans are repayable at a very low interest, thus being very convenient to students. The article adds more information that most people taking these loans do it for the cash; to help them in other stuff rather than helping them study. Most of them are in low paying jobs that cannot afford a normal loan. The article describes the reason for Continue reading...

Investment banking as a career offers an individual all opportunities in the world of banking. With an interest in offering investment advice to both public and private companies, a career in investment banking is inevitable while acting as a financial intermediary concerned only in investments. There are various opportunities a career in investment banking will equip me with. First, I will gain the necessary knowledge in stocks and bonds in the financial market, which is of great value to companies. Secondly, it will equip me with knowledge on how to assist companies prepare their prospectus and provide vital information Continue reading...

- Assume that you are an employee of consultancy company that specializes in the analysis design, and implementing of database systems. A client has recently approached your company with a view to implementing a database system but they are not familiar with the development.
- Provide three examples of user views for a database systems for a car Insurance Company such as GIECO.

Examples of User views (External Schema)

Example 1
Get a Quote View:
----------------------

Enter ZIP code

Example 2
User info View
--------

Residential Address

Indicate whether you are a new or a current customer
Example 3
Vehicle Info View
------------

Make

Model
Body Style
Purchase date
Was the Continue reading...

Banking system has undergone tremendous changes in the world. It is worth nothing that banking begun with the banks of merchants during the ancient world. There is various evidence that have been found in the world that show the presents of banking systems during the ancient times. The banking system has undergone a lot of changes and with the advancement of technology and globalization banking is currently at its digital stage. Customers in the modern world can carry out transactions through secure websites that are operated by virtual bank, retail bank, as well as credit union. The banking system Continue reading...

GP Finance

GP Finance

CBM Cash Budget

For the nine months ending November
Note – 1: Payment received in first month is 25% of sales, in second month is 55% of sales and in the third month 20% of payment is received.
Note – 2: Depreciation has no cash effect. It is not a cash expense. Therefore, it is not included in the calculation on the Cash budget.
CBM must arrange finance from the outside out the business to meet their monthly expenses. The main reason for arranging finance from other sources is that the business has the fixed expense of $60,000 per month regarding Continue reading...

The World Bank is now the world’s largest external funder of health, committing more than $1 billion annually in new lending to improve health, nutrition, and population in developing countries. Pakistan is a developing country and in order to make its economy strong it has to seek assistance from the international financial institutions such as International Monetary Fund or IMF and World Bank. The purpose of IMF is to promote the monetary help and corporation at international level and provide advice on policy matters and technical assistance in order to help the countries for building and maintaining stronger Continue reading...

Part 1

The united states green building awards using a ranking method known as LEED, an acronym for Leadership in Energy and Environmental Design to rank building in relation to how well they incorporate these standards into their building design. The LEED system is a useful benchmark in the architectural field by offering guidelines to the designers and builders of building on the guidelines and the levels of compliance they should strive to achieve. LEED measures projects compliance in attaining green building requirements such as reduced impact on the environment by buildings, efficient water use and recycling, and use of sustainable Continue reading...

First Place Fund’s Objectives

First Place Fund has 5 main objectives. The organization’s first objective is housing stability to former foster youth. Its second objective is to provide economic security to the program participants. The organization believes that for former foster youth to maintain housing, they need to engage in wage employment that pays them a wage that matches the cost of living. Its third objective is to provide educational attainment to former foster youth. The organization is of the opinion that financial success is based not only pegged on having wage employment but on other factors, as well. To ensure transitioning Continue reading...

Banking system has undergone tremendous changes in the world. It is worth nothing that banking begun with the banks of merchants during the ancient world. There is various evidence that have been found in the world that show the presents of banking systems during the ancient times. The banking system has undergone a lot of changes and with the advancement of technology and globalization banking is currently at its digital stage. Customers in the modern world can carry out transactions through secure websites that are operated by virtual bank, retail bank, as well as credit union. The banking system Continue reading...