Decision making is a critical step for every individual. Pursuing a degree in finance was an overwhelming decision to make. However, I had to make it. Since my childhood, I have been having the dream and ambition of working as a financial operator. I wanted to work in this role in any of the accounting fields. The desire was further enhanced by some of my relatives who used in financial administrators in the City. They looked so great and appeared to enjoy doing most of their job duties. Also, I could them speak of the working which when I inquired further they gave perfect descriptions making to desire to join them someday in the future. Moreover, their annual salaries seemed quite attractive. On the academic side, I have always excelled …show more content…
The general costs of starting at the Harvard University is as shown below: (Harvard, 2017) Tuition per year $44990 Fees per year $3959 Room per year $10300 Board per year $6360 Subtotal - billed costs per year $65609 Estimated personal expenses per year (including $1,000-$1500 for books) $3991 Estimated travel costs per year $0-$4000 Total billed and unbilled costs per year $69600 -$73600 * It should be noted that health insurance is required and it costs $3130. Those with cover under family health plan don’t have to pay. However, many of the universities had options for financial aid. Part 2 Having completed the degree successfully, I will be looking forward to employment in a good accounting firm. I anticipate to earn and be compensated a substantial amount of money so that I can appreciate my hard work since early years. I will be employed as a financial controller. The average annual salary for financial controller in the US is about $93003 (PayScale, 2017). If I select to work in New York, I will earn $102048 (PayScale, 2017). There are several job opportunities in this field. From the salary paid to the financial controllers, it will not take me a long-term to pay the loan. The loan shall have an interest of 4% so that first I pay it the better so that I do not have to incur a lot of expenses at the end. However, even if I will not be able to pay immediately, the cost of interest is not much, and therefore I will manage given the high
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There are several reasons as to why I settled on MBA - Finance as my concentration of choice. First and foremost, from quite an early age, I had a great liking for analytical subjects. Indeed, I found mathematics more interesting than science subjects. This is a passion that has continued to propagate in me and for this reason; I would say that my selection of the said concentration comes naturally. Next, my concentration of choice happens to be in line with my long-term career goals. As I have already indicated elsewhere in this text, I intend to become a finance director in a reputable organization. I view an MBA in Finance as a stepping stone towards this particular goal. It is important to note that competition for jobs in the
Code §5000A (b)(1)) of $95 per individual up to $285 per family or 1% of taxable household income, whichever is greater. Penalties will increase until 2016, case in point in 2015 penalties would be $325 per individual up to $975 per family or 2% of taxable household income, whichever is greater and in 2016 penalties would become $695 per individual up to $2,085 per family or 2.5% of taxable household income, whichever is greater and so on. (Huntington, 2011, p. E40) However, there are exceptions to the requirement to purchase health insurance and therefore exceptions to penalties. These exceptions include financial hardship, less than three months in lapse of coverage, being in prison, and being an American Indian. (Huntington, 2011, Pg. E38)
According to Harvard University’s National Center for Education Statistics, students that attend Harvard spend almost $60,000 a year on tuition, however, the normal student at a four-year university spends almost half the cost at approximately $30,000 a year, leaving the community
I learned from my report that I’m the type of person that prefer to play a higher role in the place of my work. I want to be in charge have moderate responsibilities. The place I work has to be serious and professional based on my preferences. My strengths prove appear to be useful for finding what will be efficient for me and can be useful in a business related setting. The challenges I face explained in my report also showed me that I may need to overcome certain things to realize my full potential but the question is if I can manage that. It terms of compensation and the likely hood I will find I job also plays a key role in my final decision for what is the use of a degree if I can’t find a job. Location is another thing to consider when pick
Just Graduate’s financial planner, Just Graduated has a job and makes $32, 000 after tax per year and he has a $25, 000 school loan. Student debt is to be paid off and monthly combined expenses of $2, 000 every month, with rent. Just Graduated has no credit card and is look for help to help him manage his financial expenses.
Life insurance is meant to provide funds to replace a breadwinner's to protect and support dependents. Chad and Haley are dependents, not income providers. Therefore, the purchase of life insurance is unnecessary and not recommended. The Dumonts should use the money they would spend on policies for the children to increase their own coverage.
I am Takeya Glenn. Most people knew me by just Takeya or my nickname Penney. I can honestly say i’m not the most sane person in the world but i try to be, but it is very hard! The time i'm writing this chapter of my book, i am eighteen, five weeks away from graduating, and about to get ready for college.
I believed financial sector is one of the fastest growing and most influential elements in our modern society and economy. Financial professionals help companies and organizations stay on top of their own finances, which is a top priority in the wake of the recession. The growing of financial services in the world has brought massive opportunities to utilize newer principles, methodologies, tools and practices in the field of finance. It is this challenging field in which I would like to gain expertise.
Figuring out where you will be financially years from now is hard to imagine. There are always what you plan, and then there’s things that just happen that you would usually rather not have of. You can always make goals and things and hope that things go alright and end up close to what you expected.
One of the crucial moments in my life was the decision I had to take; as to what I was going to do next in life. Having completed my Advanced Level in 2013, I realized that it was not the end of my career as a student. I needed strong academic foundation along with other soft skills to meet the challenges and survive in this commercial world as a successful individual. In view of these thoughts, I was unable to make a firm decision as to what my career direction would be. After a month or so of various discussions with my parents, friends and other learned people I was able to reason out the best choice for me.
The area in which I spent the most was definitely transportation however, this expense was an absolute necessity that I could not avoid. Being raised to be conscious about my money spending habits and to always look for a bargain was not something I could necessarily put into practice concerning this area. Areas where I spent the least would have to be personal care and personal extras; there is always a great sale and or off brand personal hygiene product to be bought. When I don’t buy the flashy product with the pretty packaging and well known name I save a bit of money in the process. The fact of saving money on products like these is so liberating and I get a huge adrenaline rush out of it! As far as