Benefits and Drawbacks of Studying at University Essay

Benefits and Drawbacks of Studying at University - Essay Example Most of the employed graduates have shown to have medical insurance covered by their subsequent employees. University graduates are perceived to engage in a healthy lifestyle, then the high school counterparts. According to the statistics, the level of health increases with higher education. For instance, statistics shows that more than 70 percent of university graduates with income between $35,000 and $54,000 are in better health condition than those high school graduates in the same income bracket and age. Also among the graduates, the level of heath increases with the level of degree attained.The incarceration rate has been seen to be higher in adults with high school education than those with university or college education. Increase in incarceration rate increases the amount government spends on prison costs per an individual inmate. Though this takes us back to the economic benefits of higher education, this finding is more tagged to the effects on the society. Statistics confi rm that, in 1997, 1.2 percent of those incarcerated were adults with no graduate education, but only 0.1 percent of them had higher education. This shows that increased level of university education tends to decrease the potential and characteristics to get involved in crime. Academic success is also viewed as a factor that reduces the likelihood to commit crimes (Cunningham, 2008, p. 1). Studies have revealed high cognitive skills in children of educated mothers than those of the high school graduates.... 16). Incarceration rate The incarceration rate has been seen to be higher in adults with high school education than those with university or college education. Increase in incarceration rate increases the amount government spends as prison costs per an individual inmate. Though this takes us back to the economic benefits of higher education, this finding is more tagged to the effects on the society. Statistics confirms that, in 1997, 1.2 percent of those incarcerated were adults with no graduate education, but only 0.1 per cent of them had higher education. This shows that increased level of university education tends to decrease the potential and characteristics to get involved in crime. Academic success is also viewed as a factor that reduces the likelihood to commit crimes (Cunningham, 2008, p. 1). School readiness Studies have revealed high cognitive skills in children of educated mothers than those of the high school graduates. These children are able to take more education task s and are more informed than those of mothers with lower education background. This means that attainment of higher education will bring forth future benefits of a more informed and learned society. According to research children between the age of 3-5, more than 36 per cent among them whose mother had university education could recite all letters of the alphabet, compared to less than 19 percent of those of high school graduate mothers (Hill, 2005, p. 1.). Ninety per cent of children from graduates’ mother read to not less than 3 times per week, in comparison with the 76 percent of those with high school mothers. Teachers of these children confirm that children from graduate mothers are more

IT In Financial Organizations Essay Example | Topics and Well Written Essays - 2500 words

IT In Financial Organizations - Essay Example Various technologies have been invented to automate certain business functions of an organization. The type of technology depends totally on the type of operation and the organization's infrastructure support. The financial institutions have adapted to various advanced technologies so as to enhance the services they provide to the customers dependent on the upgraded business processes. Many financial institutions collect the information related to individual customers such as their personal details and their financial details associated with the institutions and various businesses carried out over a period of time. This is information is then processed and then certain data can be obtained automatically by implementing certain technologies. Asset Management serves the investment needs of institutions, governments and government agencies around the world. An asset can be defined as anything owned by an individual that has a cash value, including property, goods, savings, and investments. Asset management, therefore, refers to the management of the assets by money managing teams. Though the major emphasis is on managing the investment portfolios of a company, asset management also includes management of physical assets such as money, equipment and property, as also the non-tangible assets such as information and the workflow processes (ittoolkit, 2007). Assets, in any commercial set up, include the monetary investments, plants, infrastructure and its human resources. Asset management is, therefore, a process that aims at the optimum utilization of resources for maximum returns at the minimum investment or costs. The first priority of any asset management team is to identify the company's 'assets' or resources. Once these are identified, the team can then focus on the business process or, in other words, understand the functioning of the tangible or non-tangible assets (netsimplicity, 2005). Preparing the monetary investment portfolios is an important aspect of asset management. The investment portfolios give a clear picture of the income- expenditure ratio, as well as the financial status of a company. Based on the study, the asset management team can remove deficiencies, or modify the investment structure to maximize returns. Property, plant, and equipment are the tangible assets of the company. Asset management involves the study and analysis of the actual property on which the plant is built and all the equipment that is required to run the business. Plant and equipment need effective management. Their depreciation values needs to be studied. Their analysis helps the team to arrive at a decision whether to repair or replace machinery in order to reduce running costs. Human Resources include the non-tangible resources of the company. Managing human resources involves studying individuals, departments; divisions, planning for improvement of skills, improving comfort level and security, and, thereby evolving a policy for maximum output by the employees (Cole, 2006). Ensuring accurate tax and paying for these on time is also one of the ways which companies consider an attractive option rendered by asset management. Depreciation, amortization,