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Mba Application Research Paper
1. Mba Application Research Paper
As I sit and ponder over the reasons why I would make a good candidate, several reasons come to mind. First, I believe that I would make a good
candidate because I am a committed individual to all tasks that I undertake. I just completed by Bachelor of Science in Business Degree, so the
skills and determination are still stirring within me. I consider myself a late bloomer because I returned to complete my degree, as an adult, after
being out of school for almost 20 years. Despite life's obstacles, I knew the importance of obtaining my degree and the perseverance to do so pushed
me to work even harder to complete the program while working a fullâtime job at the same time. I want to prove to myself that I can handle rigorous
advance coursework...show more content...
In order for an individual to stand out against other managers, education and training are the key tools to do so. I have the years of experience,
however accomplishing my
MBA will definitely enhance my credentials when I decide to pursue other opportunities in the management field. I also plan on relocating after I get
married. Completing my MBA will definitely provide me the leverage to compete for higher salaries and other positions in new companies in my
new city. I believe that Bethel's program will allow me the freedom to complete my courses online while other areas of my life will constantly be
changing. Education will be the consistency and the proof that I can balance multiple things at once. This degree will definitely spotlight me in that
manner. I hope that obtaining my degree will help me to encourage my children to complete their postâsecondary education. I hope that it enables them
to see through me how important education is. Also, I want my children to see how far it can take me in terms of my career goals and positions in a
company. This is definitely one of the most important things that I want to use my degree for outside of the educational and
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2. Mba
MBA TAKE HOME ESSAY QUESTIONS AND ANSWERS ON RESEARCH METHODS 1. Identify the most appropriate study design for the
research proposal you are Planning to develop. A study design is the procedure that guides a researcher on how to collect, analyze and interpret
observations. It is a logical model that guides the investigator while he navigates through the various stages of the research. Study types can be
classified severally depending on the research strategy employed. A study type can be nonâinterventional that is 'observational' where a researcher just
observes and analyses researchable objects or situations without intervening. Nonâinterventional study designs can be exploratory, descriptive or
comparative. A study can also be...show more content...
Having already identified the nonâintervention study type as the most appropriate study type for my research proposal, I will also employ the use of a
descriptive study design to explore the current patterns of policies and strategies concerning employee empowerment in Merchant Bank Ghana Limited.
2. Describe the various data collection techniques and state their uses and limitations. Data Collection is a vital aspect of any type of research study.
Erroneous data collection can impact the results of a study and ultimately lead to invalid results. Data collection methods for impact evaluation vary
along a scale. At the one end of this scale are quantitative methods and at the other end of the scale are Qualitative methods for data collection.
Choosing a particular data collection method will depend on the accuracy of information they will yield and the practical considerations, such as, the
need for personnel, time, equipment and other facilities, in relation to what is available Quantitative Collection Methods Quantitative data collection
involves the use of numbers to assess information. This information can then be evaluated using statistical analysis which offers researchers the
opportunity to dig deeper into the data and look for greater meaning. The Quantitative data collection methods rely on random sampling and structured
data collection instruments that fit varied experiences
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3. Proposed Study Plan for MBA
Table of Contents
Proposed study plan1
Alternative study plan2
Study plan: MBA
Proposed study plan
I have embarked upon an MBA at the Robert Kennedy College (in association with University of Cumbria) to deepen my academic knowledge of the
business world. I hope to emerge from my schooling better able to generate creative organizational solutions and to ground my decisionâmaking in
managerial theory. After taking Power Learning for Managers, I will begin the first four online modules in Organizational Behaviour, Financial
Management, Marketing Management, and Money Management. The online nature of these classes will enable me to balance my current work
duties with my coursework. By using my mornings, lunch breaks, evenings and weekends for reading and study purposes I will be able to keep up
with my class work. Every week I will create a study and work schedule for myself, ranking my duties according to priority.
After gaining a solid foundation in my online classes, I will next be able to proceed to the residential requirement in Leadership and Sustainability. I
hope to be able to arrange with my employer to take time off during this time or at least request a lighter work schedule while engaged in this exciting,
faceâtoâface phase of my education. I look forward to directly engaging with my fellow students and teachers, and one aspect of this MBA that
attracted me is that although it is primarily online, it does have a 'real life' component. Although my schedule does
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4. What Makes a Leader? Essay
To me, leadership is more than a title. It is more than just being in charge. Leadership is honestly, learning, listening, and most importantly application.
Leadership means going the extra mile or two, doing the right thing no matter who's looking, staying encouraged and encouraging other even when
times are hard and you have every reason to quit. Leadership doesn't mean you're rich, well known, liked, or respected but it does mean you are a
passionate, caring, and authentic. Leadership means you care about something so much you are willing to risk everything you have for this belief or
idea. Leadership is doing whatever you can in your power to make things better for those around you.
Although, that is the definition of leadership is...show more content...
You don't have to be sure of every single action but you can't fear the future or change because in order to accomplish your goal change is often
necessary. A bold attitude is a definite must. Leaders will always come against someone or something that opposes what they believe, boldness
will give them the strength to keep going even when the people they lead have start to disappear or they have grown weak. At the first that you are
ready to give up they will abandon ship as the leader it must be a part of your character to be bold and keep going no matter how hard things may
seem. This characteristics tie in with the earlier trait of inspiration. When other see how bold you are they will realize that just maybe if you're willing
to put this much on the line, face the probability of being ridiculed and disowned by your and the rest of society just maybe you stand for something
that is right and maybe they should too.
These characteristics are all great but to have the ability to truly lead you need conviction. Conviction to keep going you going when your boldness
has eliminated your friends, when your yourself needs inspiration, when you don't want to be genuine, when you want to give up and take the easy
way out. Conviction is that thing that keeps us going, it helps us stay true to our task no matter where you go or what you do. Our conviction are our
roots, they keep us grounded and prevent us from
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5. New MBA Program development Proposal Essay
PolyU has different MBA and EMBA programs in Hong Kong and China. Create a new MBA program of English version setting up in Shenzhen,
China. Prepare a program development proposal to the Senior Management of PolyU strategic management approach to evaluate the MBA market in
Shenzhen create the values to the stakeholders for this program. A hard copy of this proposal in around 10 pages 2. Key stakeholder and its
expectations to this program 2.1 Young professionals In Shenzhen, it is more and more young professionals from Financial, Engineering, different
backgrounds. As ambitious individuals with a clear career focus, they would equip themselves to improve their...show more content...
2.3 Globallyâoriented professionals Globallyâoriented, inspirational professionals who are primed for their next professional challenges, this group of
candidates who has already equipped outstanding professional achievements, exceptional leadership qualities, experience in people managements. To
attract this group of professionals, the MBA program is expected taught by the high ranking teaching professors. Also, the group of professionals is
looking for the opportunities for study abroad because they know their employers are more likely to recruit MBAs who have some international
experience. They are preferred to undertake a half year long "global residencies" on different continents. In addition, they do not want to meet the
similar professional backgrounds, because it would limit their ability to learn from people. Rather than study in Shenzhen, they eager to meet the
different culture classmate in different cities so as to broaden their thinking and ideas. 2.4 International Enterprise in Shenzhen As an enterprise, it
looking for a ranked business schools can introduce the potential leaders and professional to their companies. As a MBA student, they are eager to learn
the today's international business environment. Rather to just stay in the classroom to do the learning, MBA students also expected to do the
connections with multinational companies. If Poly MBA Shenzhen
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6. MBA Career Essay
Abstract The purpose of this paper is to construct and support an argument on decision I made to pursue an MBA degree to further my career as a
senior manager within the Pharmaceutical industry. The argument will be based on a "What's My Jungian 16âType Personality?" test and a general
benefits analysis of postgraduate and specifically speaking MBA programs. The paper will evaluate on my personal score from the test. ENTP result
describes individuals who are typically enthusiastic innovators, seeing new possibilities, different theories, and new ways of doing things. Further in
the paper we will look at the benefits of undertaking MBA program including: better career prospects, opportunity to gain not only theoretical
knowledge, but...show more content...
What's My Jungian 16âType Personality? This type of personality tests are great tools to understand our personality and what is more important to
understand how others are perceiving us as work colleagues. The What's My Jungian 16âType Personality? test is not a measure of our skills or
abilities in any area. Rather it is a way to help us become aware of our particular style and to better understand and appreciate the helpful ways that
people differ from one another. My score in the mentioned test was ENTP, which stands for Extraversion, Intuition, Thinking and Perceiving. People
with this type usually are enthusiastic innovators, seeing new possibilities, different theories, and new ways of doing things. They are quick to see
patterns. They have a lot of imagination and initiative for starting projects. Being competent is very important to them. Their energy comes from what
is new and different, and they enjoy spontaneity and taking action. They can become so interested in their current projects that they drop other less
exciting things. They dislike routine and find it hard to apply themselves to the sometimes necessary details involved in finishing projects. They
become bored easily. They are most interested in logically analyzing ideas and theories. They can speak to all sides of an issue, and they may change
sides if no one is championing the viewpoint of that side. The challenge of the discussion
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7. My Motivation For Pursue Project Management
At this important juncture in my professional career, I have, after careful consideration of my abilities, academic background and career goals decided
to pursue a graduate degree in Project Management which will help me hone my management knowledge and analytical abilities along with
interpersonal and leadership skills.
In today's ever growing competitive market the products are getting user friendly, which means products are getting smarter and do the majority of
work. Smarter products are complicated, and so is the process to develop them, Project Management is a crucial tool for streamlining complicated
processes. As it applies today and in the future, to be successful in the careers mastering technical knowledge will be insufficient, if it is not backed by
leadership and management skills. My primary motivation to pursue Project Management Education is to develop business skills, which will help me
lead and implement my technical ideas and if required motivate and direct a team towards a common goal.
I have successfully earned a master's degree in Industrial Engineering from SUNY, University at Buffalo in September 2013, which opened avenues
for me and led me to my first fullâtime job. Since graduation, I've been on a ceaseless path of learning from working as a Quality Engineer for a
small manufacturing company called HDM Hydraulics to where I am now as an R&D Quality Engineer for New Product Development at Medtronic.
My academic pursuits continued even after starting
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8. Post-MBA Goals
As a working adult with family responsibilities, the idea of returning to academia to continue my education was intimidating to say the least. The
necessity however, was a stark realization when faced with the idea of spending the rest of my career stagnating in an entry level civil servant
position as a New York State Court Officer. I was determined to improve my situation and quickly developed a game plan for my postsecondary
education. Early on, SUNY Empire State College presented me with the opportunities I needed to achieve my initial goal of earning a fourâyear
college degree. In June of 2015, I was awarded my Bachelor's degree in Business Management from SUNY Empire State College, completing what had
been the first step toward my intermediate...show more content...
Since earning my B.S., I've promoted to the position of Senior Court Clerk to the Senior resident judge for Orange County Supreme Court. The next
course of action will be applying for the Deputy Chief Clerk of the Orange Supreme and County Courts. A Deputy Chief Clerk is an appointed
position considered to be an entry level administrative title. The position comes with a multitude of higher level responsibilities, which will help
further prove my strengths and abilities. Having an MBA on my resume will demonstrate my determination and perseverance in successfully pursuing
my goals and honoring my commitments. An MBA will not only bolster my credentials but will also provide me with a solid foundation of the
knowledge and expertise needed to be successful in carrying out the higher level duties and responsibilities required of a Deputy Chief Clerk.
My long term postâMBA professional goal is to continue my education and earn a PHD in Business Administration. With my Doctorate, I will have the
ability to competitively vie for an executive administrative position. The executive level is the highest position attainable for any Judicial District
throughout New York State. The executive administrator is responsible for multiple counties, their Chief Clerks and their facilities. An executive level
position will allow me to demonstrate my skills, talents and professional abilities and provide me with a sense of
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9. Why I am Pursuing a MBA Degree Essay
Why am I Pursuing an MBA degree?
I decided to pursue an MBA degree in order to further my managerial career in the company I work for. The question would be: Why do I think it will
enhance my management career? The answer to that question requires short background information.
I started my career as an entry level programmer in 2000, after receiving my bachelor's degree in computer science. My career took a turn to
management in 2003 when I was offered a team lead's position with the company I was working for. Since, I worked myself up through the ranks to
my current position of a Manager, responsible for a subâunit handling a specific application product. After working as a manager for 2 years, managing
both the resources and the...show more content...
(GMAC, 2007).
Another indication of the importance of the MBA program would be the consumer demand. The 2007 issue of the Application Trends Survey Report,
published by the GMAC (Graduate Management Admission Council), reports that application volume has risen about twoâthirds for fullâtime,
twoâyear, partâtime, and executive programs (GMAC, 2007).
Moreover, according to the PayScale Salary Calculator the median salary range for managers in IT Telecom field in Texas is without MBA is $68,387
â $81,917, but the median salary range for managers in the same field and in the same state with MBA is $82,897 â $104,964, an increase of 30%â
45% (PayScale). The MBA has proven to be a lucrative degree. The International Recruitment Survey and Salary Report 2007, conducted by QS
TopMBA.com, reveals that MBA salaries across most major industry sectors have increased more rapidly than salaries for nonâMBAs. The report
confirms that the MBA is the highest paid postgraduate qualification. (Quacquarelli, 2008)
Increased earnings potential and market demand aside, how well am I suited for an MBA degree? According to the Jungian Personality
selfâassessment, I am an ENFJ. According to Scott Graverson, in his dissertation, the ENFJ personality is an IdealistâTeacher (2008, p. 55). ENFJs are
sensitive to the needs of others and always try to conduct themselves in a manner that is considerate of others
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10. Essay For Mba Admission
I came to the United States last year and it has been an extremely rewarding experience. I have truly enjoyed working and living in a multicultural
environment. In my professional life, I have taken on greater challenges and led a team in the expansion of a new business. I also joined the
Toastmasters where I honed my English communication skills and made new friends. My greatest delight is that I found my life's passion.
This began when I took a journey to my hometown last November where I encountered my strongest school competitor after 12 years. She,
unfortunately, had dropped out at 15 to get married and had a daughter with a heart condition, which subjected her to domestic violence and economic
pressure. I empathized with her because of my personal experiences. My father was abusive and forced me to quit school at 14. However, my
determination got me admitted into a senior high school in Shanghai. This was the beginning of a phenomenal journey. Currently, I work at a Global
500 Company and are testimony that girls can make a difference. I am also the pride of the family notwithstanding the perception in my hometown that
girls are inferior to boys.
Consequently, I purposed to help women who are deprived of a basic education and the resources to make a better life. A local...show more content...
This is a great opportunity for entrepreneurs from diverse backgrounds to exchange experiences and share insights. I believe this program will equip
me with the most advanced management and global networking abilities, which will qualify me to succeed in business anywhere in the world.
Furthermore, being at the center of NYC enables me to interact with investors and potential partners concerning the growth of the business. I look
forward to a defining and fulfilling time at
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11. Mba Admission Research Paper
After graduating from Florida Atlantic University with the bachelor degree in Business Administration focus in Management and minor in Marketing
this past spring, I have realized that to advance my career I would need further education and have made the decision to apply for the onâline MBA
program from Florida International University. I am absolutely certain the MBA from FIU will be the best and the more adequate to fit my schedule
and it will give me the knowledge that I will need to advance my career, I also believe that I possess the qualification to be part of this program, as a
proactive contributor I will prove to be highly motivated, committed to achieving the best scholar stand focusing on my goal to be a great professional.
Furthermore, I highly believe that the Corporate MBA from Florida International University will have a huge positive impact on my resume....show
more content...
I knew things was not going to be easy, and throughout the process I would face many challenges and outside influence to divert from my original
plan, at that time I set a goal that I would have my Bachelor degree before I turn 34 years old, that was accomplished on time, I also had set a goal to
further my education with a MBA in 5 year after my graduation, I am so focus to succeed that I want to anticipate that plan and start the MBA now. I
had to set a realist goal, the first 7 years living in the U.S I was focused on legalize my immigration status, after that financial difficulties and family
issues struck, but I never gave
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12. The Pros And Cons Of Part Time Mbas
Is a PartâTime MBA worth it? MBAs come in all shapes and sizes â Full Time (FT), Executive, Dual, Distance, Short Term and Part Time (PT). Read
Types of MBA Programs. But taking the more common fullâtime MBA courses, for comparison, the way partâtime differs from it is mainly in the
execution. Part time courses are usually offered as evening, or off office hour courses, covering essentially the same amount of coursework but over
a longer duration. They are offered by the same schools, accredited by the Association to Advance Collegiate Schools of Business International.
Here's a list of the top ten part time business schools, in the US, based on US News Rankings, in 2017. Also read Best Part Time MBAs in the world.
School Ranking University...show more content...
Source: 2016 GMAC Alumni Perspectives Survey Report On top of the apparent monetary relief, they also give an opportunity to mingle with similar
working professionals, thereby increasing the pool of your professional network. But as you might have guessed, not all is golden in the world of part
timers. There are certain aspects you should keep in mind before taking the night train to college town. What are the possible drawbacks of getting a
Part Time
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13. Strengths And Weaknesses Of Mba
Strengths MBA is offered in many colleges. MBA holds great value for pursuing a higher education. MBA offers a variety of benefits. MBA allows
graduates to have very high positions in business. MBA is a wellâknown academic course since 20th century MBA graduates can earn up to 50% more
than the normal salaries.Weakness MBA follows no professional standards. There is no follow up courses for MBA graduates. MBA focuses on
analyzing case studies rather than being more practical with what has been learned. Opportunity Colleges that offer MBA can redesign its courses to
include more practice rather than just learning about them by creating workshops.Threats Businesses preferring to train their employees in their own
way. Businesses offering their...show more content...
The MBA does not follow a specific professional standard and there isn't a follow up courses. More importantly its education is more focused on
nonfigurative theories and case studies rather than providing practical skills Rynes et al. (2003). Also as Mintzberg (2004, p. 5) believed that MBA
was approaching the wrong way of teaching and to the wrong people as well, arguing that its "specialized training in the functions of business, not
general educating in the practice of management". Therefore its concluded that MBA is not providing a wide range perception on reality. MBA is
now facing the threats of the business world, where businesses are preferring to train their employees to their different kinds of work themselves and
also conducting training programs under their own work environment, and while the business is an ever changing environment evidence indicates that
MBA is not holding its position in the market place with recruiters like it used to any longer. Whilst there are threats and weaknesses to the MBA,
there is also the opportunity to redesign its module, studies and include more practices like providing workshops and focusing on being more practical
which some schools that offer MBA are now doing. Part II
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14. Obtaining an MBA in Finance Essay
Changing business environment demands for higher qualification especially in finance and in business. Every business entity is having separate
finance department which handles all the financial transactions and requirements of the company. This clearly discloses about the great opportunity
available in the finance industry and motivates for higher studies in finance and in business administration. Finance is my field of interest and I
wanted to pursue my career in this sector. In order to achieve my goal I will pursue MBA specializing in Finance, which is most popular among other
degrees in this segment. Thus, MBA will be the chosen profession degree.
Cost analysis of MBA degree:
Cost of MBA degree differs from one institute to other and...show more content...
Apart from the tuition and admission cost, student has to consider cost of laptops, books supplies and also the boarding expenses. Generally, these costs
tend to increase with time, that is cost in year 2 will be higher than Year 1 cost and can leave behind higher amount of debt than expectation.
Next is to considering the living expenses:
Rent $ 700 per month
Groceries $ 200 per month
Utilities $ 500 per month
Phone $ 100 per month
Sundry $100 per month
Total cost$1,600 per month
Total cost for 2 years$38,400 ($1,600*12*2)
Living costs expenses has to be included along with the overall costs determined in the previous section ($206,000). Thus, total costs will be $244,400
($206,000+$38,400). Thus, one can obtain the MBA degree at cost of $244,400.
Determination of return:
Determining the return on investment is essential, for this purpose average salary of a MBA should be considered. The average salary of MBA
finance is $80,000 per year excluding bonus. The salary is expected to increase by 10% per year and the joining allowance is being provided at the time
15. of joining is $20,000. This will be incurred in the year 2 end. Let us use the discount rate as 5% for discounting the cash flow. The determined
expenses are for two years and it is assumed to remain equal in each period. For calculation purposes let us consider the amount of $20,000 will be
received at the end of Year 2.
YearCash outflowCash inflowPresent value
0$(122,200.00)â
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16. What Are The Strengths And Weaknesses Of An MBA
Answering Part 1:
Strengths
1.Great Value
2.Opportunity
3.Offers a wide range of benefits
4.Leadership abilities
5.Higher positions in business and management
6.Huge pay raise Weaknesses
1.No promise to follow professional standards.
2.No commitment
3.Conflict with a sense of professionalism.
Opportunity
1.Increased handsâon experience less analysis and fewer case studies.Threats
1.Companies often want to teach their upâandâcoming leaders themselves.
2.Most people probably learn largely on the job
Strengths: MBA offers general training that enables and equips it's students with general skills that can be transferred across disciplines. It offers
benefits of networking across a wife range of professions. MBA also allow those...show more content...
Also MBA qualifications have been criticized for lacking an emphasis on ethics and for not being governed by profession organization to regulate
members behaviors. MBA has also been criticized as being too focused on preparing consultants as opposed to actual company managers
Opportunities: MBA program leaders have many opportunities to offer future emphasis on leadership and ethics. An ethical focus would enable
students to be able to be responsible society members. MBA graduates should be encouraged to develop professional development tracks and options
for it's students.
Threats: a major threat to Business schools is the option being taken by many companies. A large number of companies have developed their own
17. training programs. Many businesses have decided that MBA programs do relate to their practice. Also many masters programs are being offered with
specialties in specific business disciplines such as marketing or finance
Answering Part 2:
The Cleveland Clinic is considered one of the best hospitals in the world. The Cleveland Clinic was fawned in 1921 and it is a private academic hospital
. It has been consider as the top four hospitals in USA based on the US news and world
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18. Pursuing an Mba Will Further My Career
Pursuing an MBA will further my career
Abstract
By pursuing my MBA I will further my career in the current work environment that I am in. First, I need to establish the importance of how others
perceive me and how I fit in the profile of a manager; this will be done using the Jungian Personality SelfâAssessment Test. Then I will construct an
argument that will prove the advantage of pursuing an MBA to further my career is the right choice.
All higher level managers in my corporation have MBA's. It is a prerequisite in the current corporation that I am in. My mentor suggests I receive my
MBA to advance in the corporation. Not only with this help me professionally, it will also help me grow and use its vital aspects in my personal...show
more content...
My mentor suggests I get my MBA to advance in the corporation. When my mentor was hired into the position of my manager, the vice president of
our corporation saw that he had an MBA and it turned into a big talking point that they had during the interview. It didn't seem to matter that he also
gained his MBA from an online school. Once they saw he had an MBA from an accredited university, it was a check in the box which meets the
criteria for an upper level management job in our corporation. My mentor tells me that people with MBA's are more likely to reach top management
levels with higher salaries.
Being able to apply management information learned by getting my MBA I will become a better manager. I will be able to take new information and
apply it to my current management style. Learning about different subjects, interacting with other students, hearing their stories of both successes and
things they can improve, I can take the best of what will work and incorporate it into my everyday management style.
By having an MBA, it is easier to move across industries if my job does not pan out. With the median salary around $85,000, down $5,000 from 2009
(Damast, 2010), for students just out of the MBA program, I will be able to leverage my experience along with the MBA to do rather well in the salary
field. Experience along with an MBA makes me a more viable commodity when competing for a job. Most employers look for a good mix of
experience and
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19. Should You Get an MBA Before Launching Your Startup? The Value of an MBA or Business Education in Today's Competitive Arena for
Entrepreneurship
Engineers, selfâmade entrepreneurs and bootstrap enthusiasts believe that the right person with the right work ethic can succeed in business with a
good idea activated at the right time. However, in today's complex, collaborative and highly technical business environment, a degree in businessââor at
least some strong business coursesââcan give you the knowledge and tools to handle a startup like a pro and reduce the learning curve that always
appears in any business startup. Managing Growth
The need to manage the growth of your business seems to demonstrate that you're doing something right,...show more content...
The Graduate Management Admission Council's "Alumni Perspectives Report" chronicles a rise in the number of business graduates who start their
own businesses. Entrepreneurs are growing younger, better educated and committed to applying business skills to their own startup ideas. [3]
Although the demands of modern marketing, software implementations and integrating software applications into sales platforms make it difficult to
succeed in business without a thorough grounding in modern sales, marketing and financing techniques, experienced engineers often succeed in
business without receiving formal educations on standard business practices. The United States encourages this technology boom with its West Coast
IT industry headquartered in Silicon Valley and other areas. Education is a big key to business success even if it isn't limited to business courses.
Engineers, coders and developers are coming up with big ideas, but it often takes people with business backgrounds to transform these ideas into
practical ideas for sales and marketing. Benefits of Getting a Business Degree
The benefits of getting a business degree can set you up for business success even if your revolutionary idea for a startup doesn't succeed. Although
there's no single path to business success. A business degreeââand ideally an MBAââwill stand you in good stead when you encounter typical business
problems as your company grows. The benefits of
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20. Bank Management System
Table of Contents
CHAPTER 1.0 INTRODCUTION1
1.1 BACKGROUND1
1.2 EQUATORIAL COMMERCIAL BANK2
1.3 MOTIVATION FOR UNDERTAKING THE PROJECT3
1.4 THE PROBLEM STATEMENT4
1.5 BENEFITS OF THE PROPOSED SYSTEM5
1.5.1 Online Banking â How Is It Different5
1.5.2 Why Use Online Banking5
1.6 PROJECT OBJECTIVES6
1.7 SYSTEM OBJECTIVES7
1.8 SCOPE OF THE SYSTEM7
CHAPTER 2âLITERATURE REVIEW8
2.1 DEFINING EâBANKING/ONLINE BANKING8
2.2 FEATURES OF ONLINE BANKING8
2.3 EâBANKING IN DEVELOPING COUNTRIES9
2.4 EâBANKING IN PAKISTAN10
2.5 EâBANKING IN KENYA12
2.5.1 Current Structure and Developments in the Kenyan Banking Industry12
2.5.2 EâBanking Revolution in the Kenyan Banking Industry14
2.6 REVIEW OF CURRENT SYSTEM15
2.7 REVIEW OF RELATED...show more content...
Initially, after the problem was identified after interviews with the bank loan staff and customers, requirements were collected and system analysis done
through Object Oriented Design and Methodology (OOAD). More data was collected through a review of the current manual banking system and
documents maintained by the bank.
21. Unified Modelling Language was used to analyze and organize the design solution. Use Case diagram, Class Diagram and Sequence diagram were then
designed to model the system. A database schema was then designed to model the database to be used. The system was developed using mathematical
functions for the balancing
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22. Essay about A Good Business
A Good Business What the characteristics of a good business looks like?
The basic element of a good business is derived from good management. It is true since business is run by individuals known as managers that perform
specific business functions, such as manufacturing and production, finance and accounting, sales and marketing, and human resource departments.
Identifying a good business is not an easy job; an understanding of Managerial Economics is needed because it provides some tools, techniques of
analysis and Economic concepts to make good managerial decisions. The purpose of this paper is to identify some characteristics of a good business
and list names of the companies having these certain characteristics.
Most of...show more content...
When a firm's sales reach its peak, it works as a signal that new firms start to enter the markets and the firm's sales and profit will start to decline. In
this case, the role of management is very essential. The firm has to manage its expansion plan, such as launch new products and entrance a new market
in order to compete with its competitors.
The most common and useful measurement of a good business is by calculating its profit through return on stockholder's equity (ROE). ROE shows
how much return that stockholders have earned on the capital that have been invested by stockholders into a business. Net Income ROE =
________________ Stockholder's Equity
High rates of return on stockholder's equity indicate a good business performance and also high growth rate of sales.
Besides steady growth of sales and high rates of return on equity, a good business must also have strong brand equity. It is important for a firm to
create an image of its products on buyer's mind so that buyers become loyal to the firm's brand. Strong brand equity also generates higher profit since
consumers want to pay more because of the reputation that the product have; moreover, it works as a powerful defense against new
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