...I aspire to be a Senior Financial Analyst within the next 5 years. My goal for the survey is to see if I can meet the requirement to become a Senior Financial Analyst. Becoming a Senior Financial Analyst make me happy? I sent an email survey to 17 senior financial analysts within my current company. The data collected will confirm if I should continue seeking the position of a Senior Financial Analyst. Seventeen Senior Financial Analysts were given an e-mailed survey to complete which will show what is required for a Senior Financial Analyst position. The questions that were asked are as follows: 1. What is the highest educational requirement needed for a Senior Financial Analyst? A) Bachelors; B) Masters, C) Doctorate, or D) Certificate/License 2. How many years of experience are needed to become a Senior Financial Analyst? A) Less than 5 years; B) 5 years; or C) more than 5 years 3. How many hours do you work each week as a Senior Financial Analyst? A) Less than 40 hours per week, B) 40 hours per week; or C) More than 40 hours per week. 4. Due to the level of responsibilities for a Senior Financial Analyst, are you happy with your annual compensation? A) Yes or B) No 5. Are you satisfied being a Senior Financial Analyst? A) Yes, o B) No Out of the 17 emailed surveys, I received responses from 13. The results to the questions are below in Table 1: Table 1 Highest Level of Edu Bachelor Masters Doctorate Certificate/License 3 8 2 0 Years of Experience...
Words: 949 - Pages: 4
...turns out I have a passion for leading people, driving production, increasing efficiency in processes and found fulfilment in training and developing my direct reports. After reviewing the Occupational Outlook Handbook the two careers that I found that closely combine everything mentioned above are Management Analyst and Top Executive. Plus, both career options can be quite lucrative. Furthermore, these two career choses are inline with the results from the Career Cluster Assessment taken on the Georgia Career Information Center website. The first career I will explore is Management Analyst. The Bureau of Labor Statistics states that the primary role of a Management Analyst is to propose ways to improve efficiency in effort to reduce cost and increase revenues thus leading to wider profit margins which ties in perfectly with some of the task that I enjoyed completing at all my prior employer. Per the O*Net Online website a majority of positions in this field require a bachelor’s degree. Whatever career choice I make I must ensure that I am able to provide a comfortable life for my children and I, so earning potential is extremely important to me, a review of salary.com shows that as of 2014 the median...
Words: 929 - Pages: 4
...directly to policyholders and is one of America's best known brands. The position that I would like to have is Senior Strategy Analyst. I would serve as a lead analyst in a strategic role assisting with development, analysis, implementation, change management, and benefits realization of critical transformation programs, processes, and activities for operations within the United States. I would report directly to the Vice President of the Transformation Office and interact with personnel throughout Aflac. I would perform complex research, analysis, and interpret data obtained by management and other groups in order to define business strategy and operational problems and to support business decision making. I will also perform other duties as they are assigned. 2. Discuss ways that goal setting could be used to motivate your performance after you fill the position. Goal setting is something that doesn’t come easy for me, because as I looked at it, it is just another New Year’s resolution that I made but didn’t follow through with. But in today’s economy, goal setting is a must if you want to be successful. I want to be successful as well as make a difference in society. According to Hellriegel (2011), the goal setting process is the most important motivational tools for influencing an employee’s performance. In filling the Senior Strategy Analyst position, I will set SMART goals. A SMART goal is a goal that is specific,...
Words: 1815 - Pages: 8
...seven criteria are Morningstar Analyst Rating, Morningstar Risk, Annual Return, Year After Tax Return (no sale), Open to New Investment, Morningstar Rating and Equity Style box. Screening criterion: Morningstar Analyst Rating >= Gold Morningstar analyst rating is based on “funds past risk and load adjusted returns”. It analyzes the fund’s process, performance, people, parent and price. I choose Gold, which is the highest rating scale. According to Morningstar, “Gold is the Best-of-breed fund that distinguishes itself across the five pillars and has garnered the analysts' highest level of conviction”. I believe that professional rating is very important source for me to choose mutual fund. Morningstar Risk <= Below Average For long-term investment, I prefer below average risk investment. It is too risky to do a risky mutual fund as a long-term investment, because you could not predict future. 2013 Annual Return >=9 Annual return is very necessary criteria to consider if this mutual fund is profitable. I prefer the recently data, which could provide more helpful information for me to consider mutual fund. Based on the data, it shows average is 4.87 and top area is between 8.85-54.48. So I choose above 9, so my chosen mutual fund has the top annual return. 5 Yr AfterTax Return (no sale) >=14 After I choose the annual return, I feel that after tax return is another important consideration for me to consider. It helps me to see how much money will turn...
Words: 780 - Pages: 4
...Biovail Case Assignment Questions: 1. How many truckloads of product are actually required to carry $10 million of product? Show your calculations. Given: a. 1 Wellbutrin XL tablet is estimated to be 1.5 cm3 (this includes the packing space) b. 1 18-wheeler trailer’s dimensions are: 17m x 4.5m x 2.5m Since the tablet and the trailer are using different units of measurements we need to convert the trailer dimensions to centimeters before we can calculate the volumes. a. To convert meters into centimeters the ratio is: 1meter = 100 centimeters 17m= 1,700 centimeters 4.5m = 450 centimeters 2.5m = 250 centimeters To calculate volume b. Volume of a rectangular prism = a x b x c Volume= 1,700 x 450 x 250 Volume = 191,250,000 cm3 c. To find out how many Wellbutrin XL tablets fit into a trailer 1.5x=191,250,000 X=127,500,000 d. How much revenue does Biovail get from a single pill ? 400% 35% $2.83 Biovail → Distributor → Wholesaler → Retailer 0.52 ← 2.10 / 400% ← 2.83/1.35%=2.10 127,500,000 x 0.52= $6,630,000 One truck can definately carry $10 million worth of Wellbutrin XL tablet product. 2. How should the company recognize revenue based upon the two possible FOB contract structures mentioned in the case? Since Biovail’s stock is publically owned it needs to file its financial statements with the SEC. The SEC requires that it abide by GAAP...
Words: 500 - Pages: 2
...CONTENTS INTRODUCTION 2 ISSUES 3 QUESTION and ANSWER 4 RECOMMENDATION 8 CONCLUSION 10 BIBLIOGRAPHY 11 INTRODUCTION Biovail Corporation was one of the Canada’s largest pharmaceutical publicly traded companies which expert in the development and large scale of manufacturing of pharmaceutical products. Biovail Company engaged activities on enhance formulate of the existing drugs, clinical testing, manufacture and commercial pharmaceutical products and utilized advanced drug delivery technologies. This company had listed on the Toronto and New York Stock Exchange (NYSE). In the case, on September 30, 2003 there was a truck carrying a shipment of Wellbutrin® XL from Biovail’s manufacturing facility in Manitabo to Biovail’s Distributor, North Carolina was involved in a multi-vehicle traffic accident near Chicago. The company announced that the loss of the quarterly earnings which target by $260 million is because of the truck accident happened that contributed a significant unfavourable variance where the company estimated that revenue of the truck that involved in accident was in the range of $10 million to $20 million. There are several issues that addressed in this case which included accounting policy based on the revenue recognition; how Biovail Corporation should account the sales based on two different “Freight On Board” (FOB) point which are FOB Shipping point and FOB Destination point, and ethic of earning management where Biovail is suspected might significantly...
Words: 2643 - Pages: 11
...Alayna Erhard ENC3254 Dr. Carolyn Kelley 10/17/12 Men; What’re They Good For? Joni Mitchell is a talented lyricist to say the least, and her sixth album “Court and Spark” is testimony to her whimsical way with words. The album gets personal, lending insight into the rocky roads of Mitchell’s past relationships, her insecurities with love, and, above all, the deeply rooted trust issues she has with men. The man she molds throughout the album is distant and unfaithful, shallow and overly critical; he is a man who keeps Mitchell at a distance, which in turn keeps Mitchell fleeing from the prison gates of love. In songs like “Court and Spark”, “Help Me” and “Car on a Hill” listeners encounter that typical two-timing sweet talker. Likewise, an insincere critic is evident in songs like “People’s Parties” and “Twisted”. The lyrics to these songs within the album “Court and Spark” authenticate Mitchell’s belief that men cannot be trusted in relationships. Mitchell believes men are unfaithful in relationships. The opening lines of “Court and Spark” demonstrate her cynicism, “Love came to my door with a sleeping roll and a madman’s soul.”(Mitchell, “Court and Spark.” Verse 1, Lines 1-2) Not by chance, the sleeping roll is the first thing she notices about this travelling man. A bed, unlike a sleeping roll, is something permanently fixed and symbolizes commitment. However, he can roll up the latter and leave her for someone else’s door whenever he chooses, a freedom that lacks...
Words: 1295 - Pages: 6
...Soccer or better known by the rest of the world by football, it is the number 1 sport in the world, with over 4 billion fans worldwide. Soccer also has the highest viewership around 3.9 billion tuned into the 2014 world cup at some point. The reason why it is so popular is how accessible soccer is. First of all, I am a big fan of this beautiful sport, I play soccer for high school, I am currently practicing soccer 3 times a week and during the weekends I play around 6 games on average in Hispanic leagues. This extraordinary sport brings and unites a lot of people into it, some being analysts which help us understand the sport and how complex it is in reality and how many factors play into a team winning the game. One of the biggest often talked...
Words: 616 - Pages: 3
...Introduction There are many ways a systems analyst can go about getting information needed to prepare for a project. Information gathering plays a big part in knowing your customer, their existing system, and what they are looking to accomplish. In the first portion of this assignment, we’ll make some decisions as to how to approach a client, picking an interview structure, and selecting questions for an interview. The second portion of this assignment will cover explaining to a customer why the information gathering technique known as Prototyping is a viable option, and how it can actually aid in users understanding and expressing their own needs. Part 1 – Interviewing the Chief Accountant The first step to approaching an interview is undoubtedly preparation. I would read as much information about the background of the company as I could from any number of sources. Some good suggestions on where I can find some of this information are places such as an annual report, a corporate newsletter, press releases, or even the internet (Kendall and Kendall, 2012). The better prepared I am, the more at ease I will be during the interview. I’m a firm believer that the more intelligently you can speak to someone about their products or company, the more at ease they become with you. For my interview approach, I have decided to use the funnel structure, beginning with some general, open ended questions, and then getting more detailed as the interview progresses. My...
Words: 1440 - Pages: 6
...Tracey Curtis July 14,2014 Dr. Angel McCaskill ACCT 614-1403A-01 Applied Managerial Accounting Phase I Individual Project Memorandum To: The Board of Directors and Executive Management Team From: Tracey Curtis “EEC’s Corporate Business Financial Analyst” Date: 14th July 2014 Subject: Financial information on the management of the EEC enterprise. Good afternoon, my name is Tracey Curtis “EEC’s Corporate Business Financial Analyst”. Today, i will discuss the following information found in each financial statements and how the information is used for planning, controlling and decision making of the companies. First, financial statements tell investors of differences in how companies operate. Across industries, the composition of firms assets and liabilities will differ. Similarly, how firms generate earnings will depend upon the characteristics of the industry in which they compete and the products or service they offer to consumers. It is difficult directly to compare the financial statements of different firms. Because of size differences among firms he dollar level of assets, liabilities,and expenses will be hard to compare. The financial statement can be used to analyze a company’s performance or comparing the differences in accounting methods between companies that make it difficult to do a direct comparison.Companies may use a cash-based accounting method; another may use an accrual-based accounting...
Words: 1198 - Pages: 5
...patient for a visit. A doctor can prescribe a medication to the patients and the system should also record this. Nurses would help the doctor to enter the prescription into the system; i.e. doctor does not use the system. Every line in the prescription corresponds to a medicine and its dosage. Hospital billing staffs would also use the system to create a bill for patients. Each bill would only contain a single item, i.e., the consultation fee. Purchase of medication is not managed by the system. The system would make use of a third-party credit card processing system developed by BillingCorp Pte. Ltd. Both the nurses and the billing staffs would need to log in to the system before they could use it. | 2. You are the Business Analyst. Here is your job: a. Identify the use cases for the requirements above & draw the Use Case diagram. b. Identify the domain classes and the possible relationships between these classes & draw the Domain Model c. Select one of the more complex use cases from your use case model and draw the System Sequence Diagram d. For the operation identified in the previous step, produce an operation contract. e. Draw the Sequence...
Words: 1135 - Pages: 5
...and Hertz (RSH), was in a bind. His star semiconductor analyst, Peter Thompson, had abruptly announced his resignation; he had received an offer from one of RSH’s competitors. But Peter was not only a star analyst, he was also RSH’s only semiconductor analyst. This was certainly not a role that could be left vacant for long and, right now, RSH particularly needed strong coverage of the semiconductor industry because of an upcoming deal with the PowerChip company. (See Exhibit 1.) Stephen examined how much money Peter generated for the firm and saw that he could legitimately raise Peter’s compensation. Then he devised a backup plan: to split Peter’s team by encouraging Peter’s junior analyst, Rina Shea, to stay at RSH. Peter ended up leaving the firm and Stephen promoted Rina to senior analyst, assigning her to cover PowerChip and the rest of the semiconductor industry, at least temporarily, while he decided whether to offer her the position permanently or hire someone from outside the firm. Now Stephen faced the task of finding a permanent replacement for Peter. Should he make Rina a permanent offer or hire from outside? RSH Research Department RSH’s corporate culture was especially strong in its research division. Senior research analysts often began as junior analysts and remained at the firm long after the research director gave them their own franchises. Instead of competing with each other, most analysts at the firm supported one another; many had open-door...
Words: 16177 - Pages: 65
...semiconductor analyst, Peter Thompson, had abruptly announced his resignation; he had received an offer from one of RSH’s competitors. But Peter was not only a star analyst, he was also RSH’s only semiconductor analyst. This was certainly not a role that could be left vacant for long and, right now, RSH particularly needed strong coverage of the semiconductor industry because of an upcoming deal with the PowerChip company. (See Exhibit 1.) Stephen examined how much money Peter generated for the firm and saw that he could legitimately raise Peter’s compensation. Then he devised a backup plan: to split Peter’s team by encouraging Peter’s junior analyst, Rina Shea, to stay at RSH. Peter ended up leaving the firm and Stephen promoted Rina to senior analyst, assigning her to cover PowerChip and the rest of the semiconductor industry, at least temporarily, while he decided whether to offer her the position permanently or hire someone from outside the firm. Now Stephen faced the task of finding a permanent replacement for Peter. Should he make Rina a permanent offer or hire from outside? RSH Research Department RSH’s corporate culture was especially strong in its research division. Senior research analysts often began as junior analysts and remained at the firm long after the research director gave them their own franchises. Instead of competing with each other, most analysts at the firm supported one another; many had open-door policies and encouraged less-experienced analysts to consult...
Words: 16177 - Pages: 65
...Financial Analysts Prepared for Sara Ray Prepared by Career Consultant June 16, 2013 LETTER OF TRANSMITTAL Sara Ray 123 Brookside Dr. Holbrook, NJ 75486-1256 June 21, 2013 Dear Sara, Here is the report you requested on June 1st for a comparison between of a career as an accountant and a financial analyst. Based off our conversation, we took your interests and previous work experience into consideration as we compared specific criteria between these two careers. While working for your previous employer as a junior accountant, you show your ability for detail and organization. An accountant must possess these skills as well as the ability to work independently. I also gathered from our conversation that you are not one to handle a tremendous amount of pressure well. As a financial analyst, this is a skill that is required. You could be faced with many deadlines that could be very stressful. Your education course of study was also included to compare to the education requirements of each career and even though there are many similarities between the two, there are many differences. For example, both careers require good written and oral comprehension but an accountant needs to have excellent mathematic skills and be able to choose the right formula to solve a problem. This skill is not as important as a financial analyst as is the ability to develop solutions to complex problems that need to be solved. Your college transcript shows your focus...
Words: 2422 - Pages: 10
...junior year in high school, and from the classes that I have taken, I realized that I am interested in accounting and finance the most. This is also why I am majoring in accounting now, and would like to pursue a career in the accounting or finance field. I always enjoy working with numbers, and I am also comfortable in keeping records and organizing data. I believe that I will be able to succeed in these occupations with these skills and interests that I have. Another reason why I am interested in these occupations is that my dad is a successful businessman, which makes me want to pursue in the similar career as him. The median income for accountants, financial analysts, and financial managers are higher than many of the occupations, which is also a reason why I am interested in these careers. I am an organized and responsible person, which are important qualities of becoming a successful accountant, financial analyst, and financial...
Words: 740 - Pages: 3
