Contemporary Issues in Financial Management Essay Examples

management systems. Some organization especially the financial institution has been forced to have a data management tools to manage the complex and bulk financial data. In these firms, the most critical governance goal is to have accurate and reliable data with data accountability and traceability. To have a successful data governance program, there should have a tool-based implementation. Perhaps the most obvious driver for the use of data management systems is the growing transaction volume in numerical data reliance in almost all organizations. Due to this reasons, there needs to be a robust numerical data management system that can store and inspect numerical data in an organization. Financial...

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management in portfolio investment, and I seek to learn more on the same. The MMF program offers courses such as market risk management and financial management which provide me with an understanding of the fluctuating risks and the dynamic market. With such a dynamic financial market, I believe the MMF program will pave the way for my ultimate career goal of becoming a portfolio...

Management Trainee program. These invaluable opportunities ignited my enthusiasm in designing innovative business analytic models. Analyzing large volumes of data posed significant challenges. For example, industrial analysis and financial statement evaluations at HSBC consumed considerable productive time. For lack of skill in alternative or complementary analysis methods, I resorted to consulting database reports produced by IT staff. The difficulties instilled an appreciation of the complexity of analysis large volumes of data, partly prompting my interest in big data analysis. Recent trends indicate that organizations are increasingly adopting self-service solutions owing to a recognition that...

management to reconsider their financial management strategies to turn around the poor performance. Opportunities High economic growth in Switzerland especially in the tourism and hospitality industry. It is projected that the tourism and hospitality industry will expand in the short-term (2016-2020). Luzern Townhouse Hotel can take advantage of this opportunity to increase the range of product offerings and improve its financial performance. For example, the hotel can increase its conferencing and banqueting facilities to cater for more guests. The hotel can also commit more resources to marketing to create more awareness about its products and services. The Swiss government has set up new...