Finance Major Paper

Submitted By clcarlson2
Words: 2747
Pages: 11
Open Document
Show Me the Money!
America controls its own destiny. The forefathers came over from Europe for independence from their former home countries. They started small, colonizing just 13 different territories in the new land. As more people began to join the movement, the land developed even further. Through organization, analysis, interpretation, and a determination to work together, the vast, barren land has transformed into a world superpower in a relatively short timespan of about 300 years. The population rose from a mere couple hundred Native American tribes to a whopping 312 million (U.S. department of Commerce). 39 of the best educated, most respected men of their time met in Philadelphia in 1787 and wrote a plan for a government that worked seemingly perfect for them (National Archives and Records Association). Since then, the U.S. constitution has been amended 27 times to accommodate the new situation at hand (Constitution Accountability Center). The point is America has been changing ever since it was first discovered, and it is never going to stop. Nowadays, the economy is experiencing one of its biggest deficits since the great depression, and it continues to move in the wrong direction. This phase brings about countless questions. What will happen to the value of the U.S. dollar? How can a country pay back a debt of 15 trillion dollars and growing (U.S. National Debt Clock)? How much longer will our parents have their jobs so that they can afford to provide the necessities of life? How can a college student invest 4 years of their time into a major for a profession that simply dissappears because of the state of the economy? Who would have the answers to all of these questions? A financial advisor would. Money will always be a part of the world, regardless of its value and quantity. As long as this is true, people will be looking for someone who can tell them the best way to spend and save their money. In order for me to be successful in my career as a financial advisor, I will need to be diligent and thorough in covering the following topics: education, certification, x-factor, opportunities for growth, emotional rewards, salary and benefits, challenges and how to meet them, and job availability. The foundation of my success as a financial advisor will be my education. I am currently attending Plymouth State University, which has one of the finest finance programs in the Northeast. There are certain classes that I must take in order to graduate no matter what major I choose to declare. These classes do not always pertain very well to the finance field, however the skills that I learn in them will be very useful to me during my career path. For instance, I am obligated to put a lot of time and effort into my composition class, as our final assignment involves figuring out what I must do in order to be successful in my career. I have also been taking a career exploration class. In doing this, I have gotten practice with interviewing and job networking that I will put to use when I am finally looking for a real job. I have created a “LinkedIn” profile that has helped me reach out to about 50 people and form new connections within the workplace. Obviously, not all of these connections will be useful, but I can never be too sure. Who knows, maybe the CEO of a landscaping company needs his finances taken care of. Although landscaping and finance do not go hand in hand, I have found myself a client because of the connections I made previously. For second semester, I have enrolled in courses that will begin to build the basis of knowledge I will need to be successful as a financial advisor. Financial Accounting will give me my first experience recording and reporting the results of operations and financial positions of companies. Business Computer Applications focuses on how business professionals use small computers in order to carry out their everyday responsibilities. Applied Calculus will provide me with important
Show More

Related Documents: Finance Major Paper

Financial Ratios Analysis and Comparison Paper

Comparison Paper Dianne Davis MHA 612 Professor Johnson June 7, 2014 Abstract It is important for healthcare organizations to understand their present performance and weak areas in order to generate more effective operational strategies. Financial ratio analysis is an effective tool to determine hospital’s performance on several indicators such as ability to pay debt, capability to generate revenue, and sales performance etc. The objective of this paper is to describe…

Words 1453 - Pages 6

Essay on Chapter 1: an Overview of Financial Markets and Institutions

Metropolitan Nashville and Davidson County issue $25 million of municipal bonds to finance a new domed stadium for the Tennessee Titans. The bonds have a face value of $10,000 each, are somewhat risky, and mature in 20 years. Enterprise Bank of Nashville buys one of the…

Words 1302 - Pages 6

Essay about Week 7 EL Value Measurement And Intermediaries

Adam Volk Ibad Hassan, Jiekun Hu, Yufeng Lu, Pravin Rohan, Yuxin Tang Daniel Audisho, Kyle De Medeiros, JiaWei Jiang, Hyunjin Kim, Boyu Xiao Wilson Ho, Sonia Rafiq, Atif Shahzada, Ashikul Yead, Ibrahim Youssuf Agenda • Primer on: –Accounting –Finance • Causal claims • Balanced scorecard • The money game Week 1. Getting engaged: Introduction to critical thinking and contemporary business issues Week 2. So, you want to be a manager (MANAGEMENT) Week 3. Getting organized (ORGANIZATION THEORY)…

Words 2289 - Pages 10

Ethical Issues Paper

Recent financial crises in 2008 have raised concerns about the complex ethical issues related to the financial services industry. The finance crisis forced millions of people losing their job, homes, and retirement savings. The government had to spend trillions of dollars to bailout some of the major financial institutions. Surprisingly, some of the top executives of the top investment banks appeared to have lost nothing in the crisis, but instead have gained millions of dollars for themselves (Inside…

Words 1241 - Pages 5

Essay on Eagle: Management and Ted

Major Facts Ted Jones, the Supply Manager, has been struggling with one crisis after another since assuming his position two years ago. Morale amongst his team is an issue. His senior buyer just submitted his resignation to take another job with a salary increase. Performance trends in his department look good compared to past months but there is room for improvement. Ted realizes that a better training program will bring some folks along a bit faster. Major Problems The Maintenance Department…

Words 876 - Pages 4

Essay on Weekly Course Outlines

Amsterdam) (Tulip mania of 1630s) Rise of England Defeat of Spanish armada, 1588 New world colonies, 1580s, 1607Trading companies, eg East India Company Divine right of kings and finance Goldsmith bankers 1672 Stop of Exchequer Glorious Revolution of 1688-England gets a Dutch king, Parliament's power increases War finance and debt Financial innovation Bank of England, 1694 New methods of borrowing Exchequer bills Long-term annuities Debt management to 1720 in France and England John Law and Mississippi…

Words 3872 - Pages 16

Impact of Micro-Finance on Economic Development Essay

economies, microfinance has vastly and increasingly been seen as one of the most important means for enhancing the lives of the poor and therefore a major tool for economic and social development mostly in rural areas. Lately, contrary to this widespread belief, critics have raised eyebrows against this growing popularity of microfinance as a major tool for enhancing economic development. Contrary to belief, they are of the opinion that microfinance is a ‘make-belief’ that is hindering economic and…

Words 3747 - Pages 15

Essay about Group Distribution

market positioning analysis and financial analysis as well as the skill in business communication. First of all, the reflections paper is the report of my collaboration and contribution as well as team interactions. Secondly, the reflections paper will show my strengths and weakness, and the improvement I have made in performance as an effective team member. At last, the paper will also give a general summary of the knowledge I gained. My collaboration and contribution There is a heavy weight…

Words 1279 - Pages 6

Essay on Bank and Hsbc

capital and financial services providers. HSBC’s capital is the primary resource on any bank and there are four major suppliers (various other suppliers [like fees] contribute to a lesser degree) of capital in the industry. 1. Customer deposits. 2. mortgages and loans. 3. mortgage-baked securities. 4. loans from other financial institutions. (Jack, 2010) Deposit business is a major liabilities of HSBC. When the customer deposits to the bank, the bank must pay interest to them. Although the central…

Words 1113 - Pages 5

Essay on Ratio Analysis

they must have ratios to analyze. In this paper ratio analysis will be discussed. Two ratios will be named from each major group from the financial group selected. Examples will be selected with calculations and evaluations of the meaning of the results related to the financial health of the organization. Factors will be discussed that affect the outcome of the calculations. Ratios There are several different ratios used in an organizations finances. The first type is liquidity ratios they measure…

Words 607 - Pages 3