Why Students Should Work Essay Example for Free

Why Students Should Work Essay I disagree that high school students should be limited in the amount of hours they work because students will be making less money. So they won’t be able to save enough money for college. Also students will learn about responsibility and will learn on how to manage their money,write checks, and use their credit card. I think that high school students should work as many hours as they want in conclusion they would be making more money to support themselves and their families. Also, because they get to experience what working is like so they could get ready for their career. Having a job has many benefits. One of these benefits is obvious, earning an income. With an income comes responsibility. When a student becomes an adult, he or she has to learn to depend on their own income, and there is nothing they can do to prepare themselves for that except to begin to get a feel for the responsibilities earning an income brings. Also, I think that students who work, it gives the student experience on what their working on so that they get good at it. I think that students who work more get more money so that they could buy a car and not be tired from school and work. Also, I think that this is an opportunity to learn how to manage their money and how to use it wisely. Students can gain experience by working through high school. This brings the opportunity to learn how to budget money, which is a vital part of being independent. Budgeting takes a lot of self-discipline and trial and error, but is possible to learn. It is also important for students to start making purchases that result in monthly payments, such as cell phone or car payments. Not only does this give students the ability to establish credit, but also a feel for what having bills is like. These are things that all students need to gain exposure to and begin become experienced with. It would be much more difficult to learn these things when one is dependent on themselves. It raises the risk of struggles with money. I think that students who work more could also maintain good grades and do homework because they only have to work after school. So they could do homework after work and still good to school with enough energy to last the  whole day.

America Needs an Alternative to Prison :: Argument Argumentative

America Needs an Alternative to Prison America's prisons have been called "graduate schools for crime." It stands to reason: Take a group of people, strip them of possessions and privacy, expose them to constant threats of violence, overcrowd their cell- block, deprive them of meaningful work, and the result is an embittered underclass more intent on getting even with society than contributing to it. Prisons take the nonviolent offender and make him live by violence. They take the nonviolent offender and make him a hardened killer. America has to wake up and realize that the current structure of our penal system is failing terribly. The government has to devise new ways to punish the guilty, and still manage to keep American citizens satisfied that our prison system is still effective. Americans pay a great deal for prisons to fail so badly. Like all big government solutions, they are expensive. In the course of my studies dealing with the criminal justice system, I have learned that the government spends approximately eighty-thousand dollars to build one cell, and $28,000 per year to keep a prisoner locked up. That's about the same as the cost of sending a student to Harvard. Because of overcrowding, it is estimated that more than ten-billion dollars in construction is needed to create sufficient space for just the current prison population. The plain truth is that the very nature of prison, no matter how humane society attempts to make it, produces an environment that is inevitably devastating to its residents. Even if their release is delayed by longer sentences, those residents inevitably return to damage the community, and we are paying top dollar to make this possible. Why should tax payers be forced to pay amounts to keep nonviolent criminals sitting in prison cells where they become bitter and more likely to repeat their offenses when they are released? Instead, why not put them to work outside prison where they could pay back the victims of their crimes? The government should initiate work programs; where the criminal is given a job and must relinquish his or her earnings to the victim of their crime until the mental and physical damages of their victims are sufficed. A court will determine how much money the criminal will have to pay for his restitution costs, and what job the criminal will have to do to pay back that restitution. The most obvious benefit of this approach is that it takes care of the victim, the forgotten person in the current system.

Ict and Banking Industry

A PROJECT REPORT ON THE EFFECT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE EFFECIENCY OF BANKING INDUSTRY (IN UDAIPUR CITY) IN THE PARTIAL FULLFILLMENT OF THE REQUIREMENT FOR MASTER OF BUSINESS ADMINISTRATION (MBA) 2007-2009 PACIFIC INSTITUTE OF MANAGEMENT, UDAIPUR Post Box No. 12, Pratap Nagar Extension, Airport road Udaipur-313003 Ph: 0294-2491340 E mail: [email  protected] om,[email  protected] com Submitted by: Submitted to: Chanda Joshi Mr. Dhiraj Jain MBA Part-2 Asstt. Professor, PIM ACKNOWLEDGEMENT Industrialists in professional life are likely and keenly aware of their sense of indebtness to many people who have stimulated & influenced their intellectual development in ordinarily.The feeling is formally expressed in customary gestures of acknowledgement therefore it seems only right to acknowledgement my gratitude with sense of veneration to the almighty & various people helped me to work in systematic & smoother manner. I would like to express my profound thanks to all the respondents who were co-operative enough and spared their valuable time in filling up the questionnaire. Words are not in lexicon to express my sincere sense of gratitude for my mentor, elite guide and path Mr. Dhiraj Jain and, Prof. B.P SHARMA (Director, pacific institute of Management) whose valuable guidance instigating encouragement creative thoughts & constructive criticism had helped me to accomplish this research work successfully. CHANDA JOSHI PREFACE The explosive growth of information and communication technology (ICT) is swiftly changing the banking industry and stern competition between the increasing numbers of banks has resulted in high investment on ICT. This report discusses the effect of ICT on banking industry (service) in Udaipur city with reference to public and private banks.Two Questionnaires were used to collect data from diverse customers and bank employees separately; the customers and bank employees accept as true that ICT has an effect on bankin g industry in India. The results of study undoubtedly show the massive impact of ICT on the performance of the banking industry in India. INDEX PARTICULARS DESCRIPTION 1. ACKNOWLEDGEMENT 2. PREFACE 3. EXECUTIVE SUMMARY 4. INTRODUCTION 5. INDUSTRY PROFILE 6. RESEARCH METHODOLOGY 7. DATA INTERPRETATION 8. FINDINGS,CONCLUSIONS . RECOMMENDATIONS 10. QUESTIONNAIRE 11. BIBLIOGRAPHY EXECUTIVE SUMMARY Advances in the banking sector have ushered in an era of multi – product and multi – service being delivered using multiple yet integrated channels. The use of information and communication technology (ICT) is on the increase and encompasses nearly the entire gamut of banking operations. Rising competition and customer expectations have compelled top management implement, and continuously upgrade, agile scalable ICT practices and solutions.The enormity and range of banking services combined with the complexity of integrated and ICT – enabled delivery mechanisms require com prehensive partnerships to be forged between banks and providers of ICT solutions. ICT has a crucial role to play in the financial sector in at least three main areas: improving the range and efficiency of banking services available to customers, lowering costs increasing the efficiency of capital markets, and allowing for more effective regulations of all types of financial markets and related transactions.The use of ICT enables a better delivery of banking services to both depositors and borrowers within a country and between countries. ICT has a central role in the operation of various capital markets such as stock markets, bond markets and foreign exchange markets, and it is intensively used by market organizers, market professionals and investors in this markets. ICT is also an essential tool for supervisory or regulatory bodies of these markets at both national and international levels.This research presents the preliminary findings of a research study to identify the effect o f implementation of ICT on the efficiency of banks in Udaipur. The methodology includes the collection of data by the questionnaire survey. Two types of questionnaires are to be prepared for the data collection- One questionnaire has been distributed among the customers to know the efficiency of the banking services by using ICT. The second questionnaire is to be filled by the officials of the banks, which will provide information about the need, & importance of the ICT for the efficiency of the bank.Chapter 1 INDUSTRY PROFILE INDUSTRY PROFILE What is banking? Bank may be defined as a financial institution which is engaged in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc. A set of services intended for private customers and characterized by a higher quality than the services offered to retail customers. Based on the notion of tailor-made services, it aims to offer advice on investment, inheritance plans and provid e active support for general transactions and the resolution of asset-related problems.The essential function of a bank is to provide services related to the storing of deposits and the extending of credit. Basic function may include Credit collection, Issuer of banking notes, Depositor of money and lending loans. Now a days banking is  not in its  traditional way, with the advancement of technology its focusing  on more  comfort of customer  providing services such as: †¢Online Banking †¢ Investment Banking †¢ Electronic Banking †¢ Internet Banking †¢ PC Banking /Mobile Banking †¢ E-Banking The importance of banking sector is immense in the progress and prosperity of any State or country.INDIAN BANKING INDUSTRY The growth in the Indian Banking Industry has been more qualitative than quantitative and it is expected to remain the same in the coming years. Based on the projections made in the â€Å"India Vision 2020† prepared by the Plann ing Commission and the Draft 10th Plan, the report forecasts that the pace of expansion in the balance-sheets of banks is likely to decelerate. The total assets of all scheduled commercial banks by end-March 2010 are estimated at Rs 40, 90,000 crores. That will comprise about 65 per cent of GDP at current market prices as compared to 67 per cent in 2002-03.Bank assets are expected to grow at an annual composite rate of 13. 4 per cent during the rest of the decade as against the growth rate of 16. 7 per cent that existed between 1994-95 and 2002-03. It is expected that there will be large additions to the capital base and reserves on the liability side. Banks in India can be categorized into non-scheduled banks and scheduled banks. Scheduled banks constitute of commercial banks and co-operative banks. There are about 67,000 branches of Scheduled banks spread across India. During the first phase of financial reforms, there was a nationalization of 14 major banks in 1969.This crucial s tep led to a shift from Class banking to Mass banking. Since then the growth of the banking industry in India has been a continuous process. The Public Sector Banks (PSBs), which are the base of the Banking sector in India account for more than 78 per cent of the total banking industry assets. Unfortunately they are burdened with excessive Non Performing assets (NPAs), massive manpower and lack of modern technology. On the other hand the Private Sector Banks are making tremendous progress. They are leaders in Internet banking, mobile banking, phone banking, ATMs.As far as foreign banks are concerned they are likely to succeed in the Indian Banking Industry. Indus land Bank was the first private bank to be set up in India. In the Indian Banking Industry some of the Private Sector Banks operating are IDBI Bank, ING Vyasa Bank, SBI Commercial and International Bank Ltd, Dhanalakshmi Bank Ltd,Karur Vysya Bank Ltd, Bank of Rajasthan Ltd etc are some private sector banks. Banks from the P ublic Sector include Punjab National bank, Vijaya Bank, UCO Bank, Oriental Bank, Allahabad Bank , Andhra Bank etc.ANZ Grindlays Bank, ABN-AMRO Bank, American Express Bank Ltd, Citibank are some of the foreign banks operating in the Indian Banking Industry . CHAPTER-2 INTRODUCTION ————————————————- Meaning of ICT The term â€Å"ICT† describes the use of computer – based technology and the internet to make information and communication service available to a wide rang of users. The term is used broadly to address a range of technologies, including telephones. Central to these is the Internet, which provides the mechanism for transporting data in a number of formats including text, images, sound, and video.Additionally, ICT deals with the application layer, the systems that enable information to be collected and distributed, analyzed, and processed. However, whi le ICT is generally adaptable to different information. Needs and circumstances, its effectiveness in solving development issues still depends on the content it carries. ————————————————- The New Era The 21st century will bring about an all – embracing convergence of computing, communication, information and knowledge. This will radically change the way we live work and think.The growth of high – speed networks, coupled with the falling cost of computing power, is making possible application under dream of in the past. Voice, data, images, and video may now be transferred around the world in microseconds. This explosion of technology is changing the banking industry from paper and branch banks to’ digitized and networked banking services. It has already changed the internal accounting and management systems of banks. It is now fundamentally changing th e delivery systems banks use to interact with their customers.All over the world, banks are still struggling to find a technological solution to meet the challenges of a rapidly changing environment. It is clear that this new technology is changing the banking industry forever. Banks with the ability to invest and integrate information technology will become dominate in the highly competitive global market. Bankers are convinced that investing in IT is critical. Its potential and consequences on the banking industry future is enormous. ————————————————- Technology and Banks Transformation ————————————————-Computers are getting more sophisticated. They have given banks a potential they could only dream about and have given bank customers high expectations. The cha nges that new technologies have brought to banking are enormous in their impact on officers, employees, and customers of banks. Advances in technology are allowing for delivery of banking products and services more conveniently and effectively then ever before- thus creating new based of competition. Rapid access to critical information and the ability to act quickly and effectively will distinguish the successful banks of the future.The bank gains a vital competitive advantage by having a direct marketing and accountable customer service environment and new, streamlined business processes. Consistent management decision support system provides the bank that competitive edge to forge ahead in the banking market place. ————————————————- ————————————————- Major app lication: – The advantage accruing from computerization are three-directional – to the customer, to the bank, and to the employee. ————————————————- ———————————————— For the customer ————————————————- ————————————————- Banks are aware of customer’s need for new services and plan to make them available. It has increased the level of competition and forced them to integrate the new technologies in order to satisfy there customers. They have already developed and implemented a certain number of solutions among them: —à ¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- * ————————————————-Self – inquiry Facility: ————————————————- Facility for logging into specified self – inquiry terminals at the branch to inquire and view the transaction in the account * ————————————————- Remote banking: ————————————————- Remote terminals at the customer site connected to the respective branch through a modem, enabling the customer to make inquires regarding his accounts, on-line, without ha ving to move from is office. * ————————————————-Anytime banking- Anywhere banking : ————————————————- Installation of ATMs which offer non-stop cash withdrawal, remittances inquiry facilities. Networking of computerized branches inter-city and intra-city, will permit customers of these branches, when interconnected, to transact from any of these branches. * ————————————————- Telebanking: ————————————————- 24- Hour service through which enquiries regarding balances and transactions in the account can be made over the phone. ——â₠¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- Electronic banking : ————————————————- This enables the bank to provide corporate or high value customers with graphical user interface (GUI) software on a PC, to inquire about their. Financial transaction and accounts, cash transfers, chequebook issue and inquiry on rates without visiting the bank: Moreover, the customer can send LC text and details on bills, and the bank can download the same. The technology used to provide this service is called electronic data interchange (EDI).It used to transmit business transaction in computer – readable from between organization and individuals in a standard format. * ————————————————- As information is cen tralized and updates are available simultaneously at all places, single – window service become possible, leaving to effective reduction in waiting time. For the bank:- During the last decade, banks applied IT to a wide range of back and front office tasks in addition to a great number of new products. The major advantages for the bank to implement IT are: Availability of a wide range of inquiry facilities, assisting the bank in business development and follow – up. * Immediate replies to customers queries without reference to ledger-keeper as terminals are provide to mangers and chief mangers * Generation of various MIS reports & periodical returns on due dates.. * Automatic and prompt carrying out of standing instructions on due date and generation of reports. * Fast and up-to-date information transfer enabling speedier decisions by interconnecting computerized branches and controlling offices.For the employees – IT has increased this productivity through the followings: * Accurate computing of cumbersome and time – consuming jobs such as balancing and interest calculation on due dates. * Automatic printing of covering schedules, deposit receipts, passbook / pass sheet, freeing the staff from performing these time – consuming jobs, and enabling them to give more attention to the needs of customers. * Signature retrieval facility, assisting in verification of transactions, seating at their on terminal. * Avoidance of duplication of entries due to existence of single – point data entry.A search of the banking literature reveals that banks are moving rapidly to take advantage of recent and new customer service and cost reduction opportunities that new technologies offer. IMPORTANCE OF INFORMATION & COMMUNICATION TECHNOLOGY The internet is rapidly becoming the information superhighway of a global electronic marketplace. The rising commercial interests in the internet are especially evident in â€Å"front-end† appl ication such as electronic catalogs, yellow pages, storefronts, malls, and customer support centers.All this application are based on the world wide Web (WWW) – the fastest growing segment of the Internet. Although â€Å"back-end† applications such as electronic data interchange (EDI) are equally important, their adoption has not been as rapid. One major concern is security:: the Internet is generally perceived as not secure enough for transmitting sensitive data such as payments. Upon a closer look, however, this view is not warranted, since technologies such as public key encryption and firewalls address essential security concerns.Moreover, such technologies are already available. The only remaining barrier is the lack of real world users of those technologies. Investing in technology According to a survey conducted by the American Bankers Association, US banks expenditure on information technology grew from $ 16. 3 billion in 1994 to $ 18. 7 billion in 1995  œ an increase of 14. 7%, and $ 1 billion more than the same bankers forecasted they would spend in last year’s survey. By 1998, the banks expect to spend $ 21. 2 billion (an increase of 7. 1%) The New Delivery Systems.The increasing cost of building brick-and-mortar branches, decreasing cost of computers, high delivery costs and slow revenue growth force a relook at the conventional delivery systems. Moreover, growing comfort of technology usage by the customer is rapidly fostering usage of non – branch channels for routine transactions. The new strategy changes the focus of the branch from being a high cost transaction center to a provider of a wide range of services like telebanking, customer service kiosks, ATM’s, and remote electronic banking.New Marketing Opportunities As the new technology is so expensive banks need to use the new systems to do more than deliver information and basic services. Banks need the ability to also sell insurance and investment pr oducts to get a better return on this investment. Telephone banking can bring financial services to the home or office, especially if they are affordable screen phones. By noticing how much interest the customer expresses, the bank can market stock quotes and insurance quotes.Interactive videos are new technology that banks can make available to the customers to maintain personal contact while still lowering the expenses of delivery service. With an interactive video an expert employee is not needed in each branch. Complex life insurance products, open brokerage accounts, customized product illustrations can be widely available where needed. The interactive videos will be cost effective expertise. The internet is a medium to allow banks to offer products to customers outside the normal customer base of a branch.Banks are aware of the customer’s need for these services and plan to make them available before other sources do. THE EFFECT OF ICT ON BANKS Banks is an unusual firm because it does not produce any object or tangible product, like a farmer producing rice or Cement Companies producing bags of cement. On any business day, a bank receives information, stores information, processed information, and distributes information. A saving deposit is recorded, an entry is made in someone’s account, at the right time interest is added, and the customer is periodically provided with a ummary statement. A loan application is received, a file is started, the application is assessed by a loan officer, and the client is either rejected or provided with a credit. Each of these functions can be handled by hand with ledger and pens or, today, they can be handled entirely by data entry, computers, and information systems. What ICT does for a bank is to make a dramatic reduction in the costs of handling information and in the transaction costs to the bank and customer of handling a deposit or loan.Clearly, this reduction benefits both the bank and its customers . The impact of high transaction costs is even more acute in rural areas and gravely Inhibits access even to basic financial services. Out on-going field work shows that a formal lending rate for a farm loan of, say, 15 percent is not sufficient to switch business away from informal lenders who charge a rate of 40 percent or higher. ICT not only increase the efficiency of bank operations but permits banks to offer a wider array of services such as ATMs, telephonic banking, and computer banking.ICT facilities the deeper penetration of credit card services, thereby expediting business transaction. Behind the scenes an ICT system would permit banks to speed up inter bank check clearing and engage in electronic funds transfer such as direct debiting or salary deposits. A credit bureau would enable banks to obtain accurate and immediate information about a customer’s credit history and rating, thus lowering risks, costs, and interest rates. What is perhaps less well – known , is that ICT dose not merely lower information and transactions costs and improve bank efficiency and services.With the development or proper accounting and reporting standards, an ICT system also improves the ability of bank and capital market regulators to track the information they need to regulate financial markets . ICT can help takes and customs authorities to expedite revenue collections and if properly handled it can greatly reduce the potential for unwarranted side payments. Role of information technology in banking industry I. T. in Banking: 1). Technology has opened up new markets, new products, new services and efficient delivery channels for the banking industry.Online electronics banking, mobile banking and internet banking are just a few examples. 2). Information Technology has also provided banking industry with the wherewithal to deal with the challenges the new economy poses. Information technology has been the cornerstone of recent financial sector reforms aimed at increasing the speed and reliability of financial operations and of initiatives to strengthen the banking sector. 3). The IT revolution has set the stage for unprecedented increase in financial activity across the globe.The progress of technology and the development of world wide networks have significantly reduced the cost of global funds transfer. 4). It is information technology which enables banks in meeting such high expectations of the customers who are more demanding and are also more techno-savvy compared to their counterparts of the yester years. They demand instant, anytime and anywhere banking facilities. 5). IT has been providing solutions to banks to take care of their accounting and back office requirements. This has, however, now given way to large scale usage in services aimed at the customer of the banks.IT also facilitates the introduction of new delivery channels–in the form of Automated Teller Machines, Net Banking, Mobile Banking and the like. Further, IT deployment has assumed such high levels that it is no longer possible for banks to manage their IT implementations on a stand alone basis with IT revolution, banks are increasingly interconnecting their computer systems not only across branches in a city but also to other geographic locations with high-speed network infrastructure, and setting up local area and wide area networks and connecting them to the Internet.As a result, information systems and networks are now exposed to a growing number. Technology Products: (1). Net Banking (2). Credit Card Online (3). One View (4). InstaAlerts (5). Mobile Banking (6). NetSafe (7). e-Monies Electronic Fund Transfer (8). Online Payment of Excise & Service Tax (9). Phone Banking (10). Bill Payment (11). Shopping (12). Ticket Booking (13). Railway Ticket Booking through SMS (14). Prepaid Mobile Recharge (15). Smart Money Order (16). Card to Card Funds Transfer (17). Funds Transfer (ECheques) (18). Anywhere Banking (19). Internet Banking ( 20). Mobile Banking (21). [email  protected] (i) Express Delivery 22). Cash on Tap: (ii) Normal Delivery Chapter 3 RESEARCH METHODOLOGY RESEARCH METHODOLOGY Research in common parlance refers to the search for knowledge. It can also be define as scientific and systematic search for pertinent information on specific topic. In fact, research is an art of scientific investigation research is a voyage of discovery . it is also said to be the pursuit of truth with the help of study , observation , comparison and experiment. The rule of research in several fields of applied economics weather related to business or to economy as a whole, has greatly influenced in modern times.The increasing complex nature of business and government has focused on the use of research in solving problem. According to Kiplinger â€Å"research is a systematic, controlled, empirical and critical investigation of hypothetical propositions about the presumed relation among natural phenomenon. Characteristic of Research : ? Research is a systematic and critical investigation into a Phenomenon ? Research is not a mere compilation, but a purposive investigation. ? It aims at describing, interpreting and explaining a phenomenon. ? It adopts scientific method. ? It is objective and logical. It is based upon the observable experience and empirical evidence. ? It is directed towards finding answers to pertinent question and Solution. Stage in Research Process : ? formulating the research problem ? Choice of research design ? Determining sources of data ? Designing data collection forms ? Determining sampling design and sampling size ? Organizing and conducting the field survey ? Processing and analyzing the collected data ? Preparing the research report RESEARCH OBJECTIVES : Objectives of the proposed study are as under:- 1) To study the effectiveness of ICT in banks of Udaipur city. (2) To study the effect of the ICT on service delivery of banks. RESEARCH DESIGN :- A Research Design specifies the methods and procedures for conducting a particular study. The researcher should specify the approach he intends to use with respect to the proposed study. Broadly speaking Research Designs can be groped in to 3 categories: 1. Exploratory research 2. Descriptive research 3. Casual Research For achieving the research objectives which are already stated clearly, The Descriptive Research method was adopted. SAMPLE SIZE :-It describes how many employees and customers of the bank should be surveyed 25 employees and 25 customers of private as well public banks were surveyed. SAMPLING TECHNIQUE:- Respondents were selected on the basis of convenience sampling in the certain private As well as public banks of Udaipur city SAMPLE UNIT :- For the study two types of samples are to be selected – (a) Customers of the banks (b) Bank Employees TOOLS OF DATA COLLECTION :- The following tools were used for the data collection: 1. Structured questionnaire: By asking the structured questions to the employees and customers by interviewing. . Review of written document: some part of this study was collected from the journals and books. CHAPTER-4 DATA INTERPRETATION Various banks in which these employees are working Various banks in which customers are having their accounts A. FOR THE CUSTOMERS Q. 1 TYPES OF ACCOUNTS? Interpretation: The above graph shows about the types of accounts of the customers in the bank. In it 76% have saving account ,12%of customers are having current & 12% 0f customers are having both type of account in the banks. Q. 2 Awareness of the changes due to ICT? Interpretation:The above graph shows the 98% of the customers are aware of the changes due to ICT, but very less ( 2% ) of customers were unaware of it. Q. 4 For last how many years is your bank using ICT? Interpretation: The76% customers respondents their bank using ICT for last 5 & above years and 24% of customer said that their bank is using ICT for the 0-5 years. Q. 5 is every department com puterized? Interpretation: 92% customers respond that every department is computerized in their bank but very few customers i. e. 8% said that every department is not computerized Q. Do you find any problem while using ICT? Interpretation: The above graph shows that 60% of customers find no difficulty while using ICT, 32% said it is very difficult to understand and 8%% find it difficult to operate. Q . 7 Do you find bank staff co-operating ? Interpretation: 97% of customers said that there bank staff is co-operating but 3% respond negatively. Q. 8 Do you think ICT has improved the service delivery of the bank? Interpretation: Above graph shows that the 82% of customers were strongly agreed and 18% were agreed that ICT has improved the service delivery of the bank. Q. Are you satisfied with the banking services providing you after using ICT? Interpretation: Above graph shows that the 82% of customers were strongly satisfied, 16% were agreed satisfied but only 2% were dissatisfied wit h the services providing to them after using ICT. Q. 10 Is any improvement required in this type of services? Interpretation: Above graph shows that the 84% of customers needed improvement in ICT, 16% said that no improvement is required. B. FOR BANK EMPLOYEES Q. 1 Awareness of the changes due to I. C. T. ? Interpretation: The above graph shows that awareness level of the respondents due to the hanges of I. C. T. 100% are aware with the changes due to the I. C. T. in the banks. Q. 2 Is your bank using I. C. T.? Interpretation: The all respondents said that their bank is using information and communication technology. Q. 3 For how long I. C. T. is used in this bank? Interpretation: The Above graph shows about the year of ICT using being used in banks . In it78% of the banks are using ICT from past 0-5 years. After that 22% of the banks are using I. C. T. from past 6-10 year. And no bank has experience to use the I. C. T . more than 11 years. Q. 4 Do you think that implementation of I . C.T. in banks is essential and effective in banks? Interpretation: The above graph shows that the implementation of I. C. T. in banks is very much essential and effective . 66% of employees are strongly agree with it & 34% of employees were agree. Q. 5 Has I. C. T. brought positive changes in your way of working? Interpretation: The above graph shows that the information and communication technology has brought very positive changes in the working way of doing job 68% respondents were strongly agree with it but the very least i. e. 2%of respondents were strongly disagree with the statement.Q. 6 Has I. C. T. brought the positive changes in this bank? Interpretation: 68% of employees accepted that I. C. T. has brought positive changes in their bank ,28% were agree with it but 4% of respondents were disagree with fact. Q. 7 Do you face any problem while using I. C. T.? Interpretation: 82% of the employees do not find any difficulty in using the new system. 10% of the employees find t he new system difficult to understand . 8% of the employees find difficulty in operating the new system. Q. 8 Has training been provided to the employees to use the new system tech. ?Interpretation: The above graph shows that 42% 0f employees were strongly agree that they got the training to use the new system technology, 36% were agree but 20% were disagree & 2% were strongly disagree about the getting of training for using the technology. Q. 9 Has I. C. T. improved the performance of the bank employees ? Interpretation: 66% of respondents were strongly agree that the I. C. T. has improved the performance in their bank, 30% were agree but the rest were disagree with this. Q. 10 Has I. C. T. lead to loss of jobs in banking sector? Interpretation:The above graph shows that 64%0f employees were strongly agree that I. C. T has lead to loss of jobs in banking sector,16% of employees were disagree with the statement. Q. 11 Has I. C. T. affected efficiency in banking services? Interpretat ion: The above graph shows that 68% 0f employees were strongly agree that I. C. T. has affected the banking services,30% were also agree & 2% were disagree with it. CHAPTER- 5 FINDINGS, CONCLUSIONS & RECOMMENDATIONS Findings : 1. 66% of the customers respond that they are getting better services after using Information & communication technology. 2.It was found that 98% of customers & 100% of employees a were of the Changes due to new system technology. 3. It was found that 82% of customers strongly agreed that ICT has improved the Service delivery of the bank. 4. 98% of employees of employees accepted that the information & Communication technology has affected the banking service in positive Manner. 5. This was found that because of ICT has lead to the loss of jobs in banking sector. 6. During the study it was found that because of lower network connectivity Employees as well as customers were getting problem in service. . 100% of Employees as well as customers said that the imple mentation of I. C. T. is essential & effective in banks. Conclusion * Banks offering internet-based products and services should have reliable and secure methods to authenticate their customers. * The level of authentication used by the financial institution should be appropriate to the risk associated with those products and services. * Financial institution should conduct a risk assessment to identify the types and levels of risk associated with their internet banking application.Where risk assessments indicate that the use of single-factor authentication is inadequate, financial institutions should implement multifactor authentication, layered security, or other controls reasonably calculated to mitigate those risks, the agencies consider single-factor authentication, as the only control mechanism, to be inadequate in the case of high risk transaction involving access to customer information or the movement of funds to other parties. * Most of the customers are satisfied with the services provided by banks. The objective of the study was to find out the effect of information & communication Technology on the efficiency of banking sector in certain private as well as public banks, It was to find out how service delivery is effected after using the ICT in banks. * The study concludes that information & communication technology plays more significant role in the increasing of the banking efficiency in both, private as well as public sector banks. RECOMMENDATIONS:- ? Raise awareness and promote the concept of information &Communication technology among the customers as well as bank Employees. The method of authentication used in a specific internet application Should be appropriate and reasonable, from a business perspective, In light of the reasonably foreseeable risks in that application. ? Conduct training programme once in the month. ? Encourage the use of E-Commerce by providing the better & fast Services. ? An effective authentication method should have c ustomer acceptance, Reliable performance, scalability to accommodate growth, and Interoperability with existing systems and future plan . With the growth in electronic banking and commerce, financial Institutions should use reliable methods of originating new customer accounts online. ? Financial institutions should rely on multiple layers of controls to prevent fraud and safeguard customer’s information. ? Recognize the needs of employees while using the ICT. ? should provide the fast & regular ICT services so that employees can deliver the fast services & customers can gat the better services. ? The daily updating & awareness of new changes in ICT must be in Practice.LIMITATIONS ?The research conducted was limited to Udaipur City only. ?Findings of the study are based on the assumption that respondents have Divulged the correct information. ?The study is confined to selected groups of employees & customers in banks of Udaipur city. ? Few respondents were so much occupied wi th their work that they could not Spare time to fill the questionnaire. ?Due to unwillingness of providing any information, the respondents Filled the questionnaire casually which might have affected the conclusion.BIBLIOGRAPHY www. google. com www. rediff. com Kothari. C. R Research methodology; methods & techniques Questionnaire – 1 FOR BANK EMPLOYEES Contact Person________________________________________________ Age______ Gender_____ Designation_______ Phone No. _____________ Official Address_______________________________________________ _____________________________________________________________ Q. 1Are you a were of the changes due to information and communication Technology in banking system? Yes [ ] No [ ]Q. 2 Is your Bank using I. C. T.? Yes [ ] No [ ] Q. 3If yes, for how long I. C. T. is used in this bank? 0 – 5 [ ] 6 – 10 [ ] 11 and above [ ] Q. 4Do you think that implementation of ITC is essential and effective for Banking sector? A) Agree [ ] B) D isagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral Q. 5Has ICT Brought Positive changes in your working way of doing job?A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 6Do you think that ICT has brought Positive changes in this bank? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 7What problem do you face while using this new system technology? A) Difficult to operate [ ] B) Difficult to Understand [ ] C) Easy [ ] Q. 8Did you get training to use the new system technology?A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 9Do you think ICT has improved the performance of employees in this bank? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q10Do you think ICT has lead to loss of jobs in banking sector? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutra l [ ]Q. 11Has ICT affected the productivity / efficiency in Banking services? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] E) neutral [ ] Q. 12Is any improvement required? Yes [ ] No [ ] Questionnaire – 2 FOR CUSTOMERS Contact person_________________ Age ____________ Gender__________________ Educational Qualification: Under Graduate Graduate Post Graduate Other specify Q1. What type of Account do you operate?A) Saving [ ] B) Current [ ] C) other specify [ ] Q. 2For how long have you been using this bank? A) 0 – 5 [ ] B) 5 – 10 [ ] C) 10 – 15[ ] 15 and above Q. 3Are you aware of the changes due to information and communication Technology in banking system? A) Yes [ ] B) No [ ] Q. 4For last how many years your bank is using I. C. T.? A) 0 – 5 [ ] B) 5 and Above [ ] Q. 5Is every Department is computerized? A) Yes [ ] B) NO [ ] Q. Do you find any problem while using this new system technology? A) Difficult to operate [ ] B) Difficult to understand [ ] C) Easy [ ] Q. 7Do you find Bank staff co-operating? A) Yes [ ] B) NO [ ] SQ. 8Did you get any help services to use new system technology? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] D) Neutral [ ] Q. 9 Do you think ICT has improved the service delivery of the bank ?A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] D) Neutral [ ] Q. 10Are you satisfied with the Banking services providing you after using I. C. T.? A) Agree [ ] B) Disagree [ ] C) Strongly Agree [ ] D) Strongly disagree [ ] D) Neutral [ ] Q. 11Do you have account in both public sectors Bank as well as in private sector Bank? A) Yes [ ] B) No [ ] Q. 12if any improvement required? A) Yes [ ] B) No [ ]

MicroMasters Between a Bachelor’s and a Masters Degree

Sometimes, a bachelor’s degree isn’t enough – but who has the time (and an extra $30,000) to attend grad school? However, a MicroMasters is the middle ground between a bachelor’s degree and a master’s degree, and it can save students time and money while satisfying an employer’s preference - or requirement - for advanced learning. What Is a MicroMasters Program? MicroMasters programs are offered on edX.org, the nonprofit online learning destination founded by Harvard and MIT. In addition to these two schools, MicroMasters can also be earned at Columbia University, University of Pennsylvania, Georgia Tech, Boston University, University of Michigan, UC San Diego, University System of Maryland, and Rochester Institute of Technology (RIT). In addition, the programs are offered at schools in other countries, including The University of British Columbia, Università ¨ Catholique de Louvain, and the University of Adelaide.   Thà ©rà ¨se Hannigan, director of RIT Online at RIT, tells ThoughtCo, â€Å"Originally conceived and developed by MIT as a pilot program on edX, the flexible MicroMasters program is a first-of-its-kind credential with a pathway to credit with value to academic institutions and employers.† Hannigan explains that MicroMasters programs entail a series of in-depth and rigorous graduate-level courses. â€Å"Flexible and free to try, the programs offer learners valuable knowledge to enhance their careers and they also offer a path to an accelerated Master’s program.† James DeVaney, associate vice provost for Academic Innovation at the University of Michigan, adds, â€Å"These MicroMasters programs provide opportunities to explore and advance professional skills, engage in a global learning community, and accelerate time to degree.† He tells ThoughtCo that the programs reflect his school’s commitment to openness. â€Å"The courses are free to try and designed with diverse global learners in mind.†Ã‚   The University of Michigan offers three MicroMasters: User Experience (UX) Research and DesignSocial Work: Practice, Policy, and ResearchLeading Educational Innovation and Improvement The University of Michigan embraces these programs for several reasons. â€Å"They reflect our commitment to lifelong and lifewide learning as they provide in-demand knowledge and deep learning in specific career fields,† DeVaney explains. â€Å"And, they also reflect our commitment to affordability, inclusion, and innovation as they provide opportunities for learners to pursue accelerated and less expensive master’s degrees. While the online classes are free at all of the schools, students pay for the proctored exams that they must pass to receive a MicroMasters credential. After students earn this certificate, Hannigan explains that they have two options. â€Å"They are prepared to advance in the workforce, or, they may build on their work by applying to the university offering credit for the certificate,† Hannigan says. â€Å"If accepted, learners can pursue an accelerated and less expensive Master’s degree.† Benefits of a MicroMasters Because these certificates are offered from prestigious universities, the programs are recognized by some of the top companies in the world, including Walmart, GE, IBM, Volvo, Bloomberg, Adobe, Fidelity Investments, Booz Allen Hamilton, Ford Motor Company, PricewaterhouseCoopers, and Equifax. â€Å"MicroMasters programs allow those who might not otherwise have the opportunity, to pursue an academic credential faster and at a reduced overall cost,† Hannigan says. â€Å"And, since it’s shorter in length than a traditional Master’s program, the modular MicroMasters programs enable learners to begin down a path of advanced study in an affordable and flexible manner.†Ã‚   Specifically, Hannigan cites four specific advantages: Career-focused: Career outcome-focused credential, recognized by top companiesPathway to credit: Comparable to one quarter to one semester’s worth (25-50%) of aMaster’s degree (or 20-30 ECTS) in Europe upon acceptance to a university programAffordable: Costs between $600 - $1,500 USDFlexible: Offered fully online, as either self-paced or instructor-led, and offered multiple times per year - meaning the courses can be taken at your own pace without disrupting your life. â€Å"The MicroMasters programs meet the needs of top corporations and provide learners with valuable knowledge and a career-applicable credential for highly competitive in-demand fields,† Hannigan explains. â€Å"This recognition from an industry leader, in combination with the credential from a prestigious university, signals to employers that a candidate with a MicroMasters credential has acquired valuable knowledge and relevant skills that are directly applicable to their company.† RIT has created two MicroMasters programs: Project Management  Cybersecurity Hannigan says these two areas were chosen because there’s a high demand for the type of information and skills students gain through these curricula. â€Å"There are 1.5 million new project management jobs being created each year, according to the Project Management Institute,† Hannigan says. â€Å"And, according to Forbes, there will be 6 million new cybersecurity jobs by 2019.† Some of the MicroMasters programs offered by other schools include: MIT: Supply Chain Management; Data, Economics, and Development PolicyUniversity of Maryland: Cloud Computing, Instructional Design and Technology, Bioinformatics, Software Testing, and VerificationColumbia University: Business Analytics, Artificial IntelligenceUC San Diego: Data ScienceGeorgia Tech: Analytics: Essential Tools and MethodsUniversity of Penn: RoboticsBoston University: Digital Product Management

Retention Of Minority College Students With Learning...

Retention of minority College students with Learning Disabilities Michael Anthony Galeana California State University, Northridge ELPS 601HE Tuesday, December 09, 2014 Abstract This research will discuss the retention rate among college students of color with learning disabilities. Majority of this paper will consist of published articles, reports, and research that address the retention rate with students of color that have been diagnosed with a learning disability. For the purpose of this paper, the learning disability that will be researched will be attention deficit hyperactivity disorder (ADHD) and attention deficit disorder (ADD). The articles, reports, and research provided in this paper have addressed the issue†¦show more content†¦Attrition is the rate in which students disenroll from a post-secondary institution, which was defined in O’Keeffe’s (2013) article. Past research has suggested that the lack of participation and the culture shock of some students have contributed in such high attrition rates (O Keeffe, 2013). From the outcomes of these researches, universities have implemented programs to retain and increa se retention rates. However, when it comes to attrition rates, it seems that one population of students goes unnoticed. With the increase of student enrollment, students with Learning Disabilities enrolling in colleges have also increased. The average increase in this population has been 40%, which is a big jump for many of the universities as stated by Reid and Knight (2006) However, it is the two year colleges, which has jumped to 71% of its incoming student as indicated by McCleary-Jones (2007), has had the most dramatic increase. There are many factors that could have attributed to the college enrollment increase of students with learning disabilities. Introduction of the Rehabilitation Act of 1973, which prohibits discrimination against those that are disabled, ensured that reasonable accommodations where made for students with learning disabilities, and the demystification of the abilities of disabled people have played a factor in increase enrollment of college students, whic h was mentioned by Reid, and Knight (2006). Regardless of the increase of students with

Of Mice and Men, American Beauty Essay examples - 1159 Words

Through the comparative study of â€Å"Of Mice and Men† written by John Steinbeck in 1937 and â€Å"American Beauty† directed by Sam Mendes in 1999, it is apparent that the concept of the American Dream is timeless and enduring. Mendes and Steinbeck use language techniques such as dramatic foreshadowing and filmic techniques to define the American Dream’s spiritual and materialistic aspects. However, from the context of the Great Depression explored in â€Å"Of Mice and Men† to the economic boom of 1999 which provides the backdrop to â€Å"American Beauty†, society has greatly evolved. Hence, as the context changes, so does our understanding of the American Dream and its perceived values. â€Å"Of Mice and Men† is set during the Great Depression when people†¦show more content†¦In â€Å"Of Mice and Men†, the American Dream was literally a miracle during a time where money and work was scarce. With â€Å"I hardly never seen two guys travel together†¦ Never seem to give a damn about nobody.†, Slim sums up the nature of the people at the time, they were lone wolves and the dream was an impossible task to accomplish alone. Even so, the bond between Lennie and George gives the audience hope through the use of encouraging descriptions such as â€Å"We got a future. We’ll have a big vegetable patch and a rabbit-hutch and chickens.† However, this all comes falling down when they meet Curley’s wife. She recounted her dream of â€Å"Coulda been in the movies, an’ had nice clothes†¦coulda sat in them big hotels, an’ had pitchers took of me.† Repetition of the word â€Å"coulda† gave the read er a sense of what could’ve been if her dreams came true but instead her marriage has become lifeless. Curley’s wife showed that the American Dream apart from its beauty and hopes, was too fragile for reality during the Great Depression. 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Assignment for English for Written Communication free essay sample

An old friend who now lives oversea had lent you some money to help you start a small business. Your business has been growing well. Write a report to your friend to tell him how you have progressed * To: * Date: Subject: Dear my old friend, I am truly thankful for the money you lent me to start my own small business six years ago. So far my business has been growing very well. I write this letter as a report to let you know how I have managed to run this business. This report will clarify the background Information about the foundation of my company, the regress to date, my future plan and anticipated problems.This may make you feel that investing in me is worthy. Perhaps you will change your mind to co-operate with me after realizing how big my company is. Background information I now possess the music website which is www. We will write a custom essay sample on Assignment for English for Written Communication or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Miff. Com. The name MIFF stands for music for fun. It is very well-known in Vietnam with more than 12 million users accessing per day. From an amateur entertaining website started to serve my own Interest, I have accomplished step-by-step targets to turn It Into a prominent reparation.I am also planning to develop it to be a multi-media corporation and approach to many other areas. About six years ago, I spent only 20 USED on buying domain and 3000 USED borrowed from you purchasing a web hosting service in order to establish my own music website. The original purpose is to fulfill my own desire of sharing music with everyone else. Then the website became gradually renowned due to Its plain name. A great amount of users downloaded music files everyday so that I had to worry about It. Process of developmentOne year after, I began to exploit its economic potential. I hired more employees to help me design the web pages and implement advertising campaigns. At this stage, the profit from advertising Is more than 10,000 USED. Two years later, this number Increased sharply to 80,000 USED. Especially, the profits from collecting users fees and event services were up steeply to 100,000 USED. As you can see the line graph below, the profit constantly rocketed from 2007 to 2012. The rates of MIFF corporations profits per 1,000 USED Nowadays MIFF corp.. S more than 100 employees. There are more than 12 million MIFF to negotiate with Musician Association Vietnam (MAP) and Record industry association Vietnam (RIVAL) in order to buy Vietnamese music copyright. When Vietnamese teenagers tended to listen to international music more and more I purchased copyrights from Universal music group and Warner Brose music. At this stage, we would get fined 150,000 USED for every single music file downloaded from our website if we did not possess copyrights. Then my investment was paid off.In 012 MIFF became one of the biggest and the most professional music websites which Obey the copyrights law in Vietnam. Hence we received many rewards from government and co-operation from a lot of well-known musicians. Future plans intend to expand my business by opening two websites about online shopping and online dating in the next few years. It will help improve the standards of living in modern era. The upcoming profit of the company will rise to 1 million USED, which leads me to be one of the youngest billionaire in this country. ProblemsAlthough the business progressed very well, the website needs to be improved more and more. Many music websites nowadays become wide-spread, which may create an extremely competitive market. If we ignore the growth of other companies we will be frustrated someday. The other serious problem is that the increase of users makes the website go slowly. That is why we receive a number of complaints from customers every day. Further, users expressed that they do not like advertisements on our home page because it sometimes disturbs them when they unintentionally lick these advertisements links. It is annoying. Therefore, our profit from advertising is going to decline in the next months. Conclusion ere report describes very clearly and precisely how I have progressed to run my own small business and develop it to be a big corporation. The profits of MIFF corp.. Have been rising dramatically in the last 6 years. Now everything is going smoothly. The anticipated problems may be difficult barriers though there is no sign that our revenue is going to fall. I hope you will make up your mind to invest in my company or invest in me once again.