Monday, December 23, 2019

Finance Is The Field That Deals With Investing Money And...

I am a junior at Missouri State and majoring in Finance. Finance is the field that deals with investing money and studying cash flow data. Finance majors generally end up working for a company studying the amount of risk involved in a project and calculating the return that can will be gained from taking on the risk associated with each project. People who work in this field are considered to be part of corporate finance. There is also the opportunity to become a consultant and help outside persons figure out the best investment plans to suit their individual needs, this is known as personal finance. The first article, â€Å"Big Data: The Management Revolution†, centered around the idea that â€Å"for companies to be successful and continue to better their operation and financial results, they need to embrace this data revolution.† The rise of data is huge, the article even quoted at one point that â€Å"More data crosses the internet every second than were stored in the entire internet just 20 years ago.† Leaders of companies need to be able to embrace this huge tool being offered, or risk the chance of being pushed out of their sector. One huge obstacle standing in the way of embracing this data revolution is the lack of â€Å"Data Scientists† to interpret new data, which is the topic of the second article. A data scientist is an individual who specializes in reading data and then taking this information and applying it in some creative way to benefit the company or simply relaying it toShow MoreRelatedJ.K Tyres and Industry Company Analysis14185 Wor ds   |  57 PagesACKNOWLEDGEMENT Completion of the project is not a one handed affair. It needs timely guidance, co†operation from the working members and the freedom to work. I am earnestly grateful to Mr. Kamal Manik, Dy. General Manager (Finance), JK Tyre industries limited, New Delhi for providing me with an opportunity to undertake a project work in their esteemed organization. I would also like to thank Mr. Sanjay Arora and Ms. Namita Gulati for her constant guidance. Finally, I am deeply indebted to allRead MoreGlobal Industry Simulation8081 Words   |  32 Pagesdevelopment of processes and procedures for the functioning of sales operations and taking actions if performance is bad of the employees is also important. 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