Friday 26 July 2019

Privacy Policy Mir Global Academy

Privacy Policy

built the Zulfiqar Ali Mir app as a Free app. This SERVICE is provided by at no cost and is intended for use as is.
This page is used to inform visitors regarding our policies with the collection, use, and disclosure of Personal Information if anyone decided to use our Service.
If you choose to use our Service, then you agree to the collection and use of information in relation to this policy. The Personal Information that we collect is used for providing and improving the Service. We will not use or share your information with anyone except as described in this Privacy Policy.
The terms used in this Privacy Policy have the same meanings as in our Terms and Conditions, which is accessible at Zulfiqar Ali Mir unless otherwise defined in this Privacy Policy.
Information Collection and Use
For a better experience, while using our Service, we may require you to provide us with certain personally identifiable information, including but not limited to Nil. The information that we request will be retained by us and used as described in this privacy policy.
The app does use third party services that may collect information used to identify you.
Link to privacy policy of third party service providers used by the app
Log Data
We want to inform you that whenever you use our Service, in a case of an error in the app we collect data and information (through third party products) on your phone called Log Data. This Log Data may include information such as your device Internet Protocol (“IP”) address, device name, operating system version, the configuration of the app when utilizing our Service, the time and date of your use of the Service, and other statistics.
Cookies
Cookies are files with a small amount of data that are commonly used as anonymous unique identifiers. These are sent to your browser from the websites that you visit and are stored on your device's internal memory.
This Service does not use these “cookies” explicitly. However, the app may use third party code and libraries that use “cookies” to collect information and improve their services. You have the option to either accept or refuse these cookies and know when a cookie is being sent to your device. If you choose to refuse our cookies, you may not be able to use some portions of this Service.
Service Providers
We may employ third-party companies and individuals due to the following reasons:
  • To facilitate our Service;
  • To provide the Service on our behalf;
  • To perform Service-related services; or
  • To assist us in analyzing how our Service is used.
We want to inform users of this Service that these third parties have access to your Personal Information. The reason is to perform the tasks assigned to them on our behalf. However, they are obligated not to disclose or use the information for any other purpose.
Security
We value your trust in providing us your Personal Information, thus we are striving to use commercially acceptable means of protecting it. But remember that no method of transmission over the internet, or method of electronic storage is 100% secure and reliable, and we cannot guarantee its absolute security.
Links to Other Sites
This Service may contain links to other sites. If you click on a third-party link, you will be directed to that site. Note that these external sites are not operated by us. Therefore, we strongly advise you to review the Privacy Policy of these websites. We have no control over and assume no responsibility for the content, privacy policies, or practices of any third-party sites or services.
Children’s Privacy
These Services do not address anyone under the age of 13. We do not knowingly collect personally identifiable information from children under 13. In the case we discover that a child under 13 has provided us with personal information, we immediately delete this from our servers. If you are a parent or guardian and you are aware that your child has provided us with personal information, please contact us so that we will be able to do necessary actions.
Changes to This Privacy Policy
We may update our Privacy Policy from time to time. Thus, you are advised to review this page periodically for any changes. We will notify you of any changes by posting the new Privacy Policy on this page. These changes are effective immediately after they are posted on this page.
Contact Us
If you have any questions or suggestions about our Privacy Policy, do not hesitate to contact us at mir.global.academy@gmail.com.

Tuesday 9 July 2019

Wednesday 23 July 2014

How To Make $1 Million In Finance

How To Make $1 Million In Finance


Financial services has long been considered an industry where a professional can thrive and work up the corporate ladder to ever-increasing compensation structures. A few career choices that offer experiences that are both personally and financially rewarding are:

  • Accounting
  • Consulting
  • Transaction advisory services
  • Corporate finance
Three areas within finance, however, offer the best opportunities to maximize sheer earning power and, thus, attract the most competition for jobs: 

Read on to learn if you have what it takes to succeed in these ultra-lucrative areas of finance. 


Investment Banking 
Earning Potential
Directors, principals, partners and managing directors at the bulge-bracket investment banks can make over a million dollars - sometimes up to tens of millions of dollars - per year. At the director level and up, there is responsibility to lead teams of analysts and associates in one of several departments, broken down by product offering: 


Why do senior investment bankers make so much money? In a word, volume. Directors, principals and partners lead teams that work with high-priced items and make highcommissions, since the bank's fees are usually calculated as a percentage of the transaction involved. Bulge bracket banks, for instance, will turn down low-volume work; for example, in some instances, a UBS Securities office will not sell a company generating less than $250 million in revenue if it is already swamped with existing client projects.

Investment banks are brokers. A real estate agent who sells a house for $500,000, and makes a 5% commission, makes $25,000 on that sale. Contrast that with an investment banking office selling a chemical manufacturer for $1 billion with a 1% commission, which amounts to a nice $10 million fee. Not bad for a team of a few individuals - say two analysts, two associates, a vice president, a director and a managing director. If this team completes $1.8 billion worth of M&A transactions for the year, with bonuses allocated to the senior bankers, you can see how the compensation numbers add up. 

Job Duties
Analyst (pre-MBA), associate (post-MBA), and vice-president levels are the proving grounds, and the hours can sometimes exceed a hundred per week. Bankers at the analyst, associate and vice-president levels focus on the following tasks: 


  • Writing pitchbooks
  • Researching industry trends
  • Analyzing a company's operations, financials and projections
  • Running models
  • Conducting due diligence or coordinating with diligence teams
Directors supervise these efforts and typically interface with the company's "C-level" executives when key milestones are reached. Partners and managing directors have a more entrepreneurial role, in that they must focus on client development, deal generation and growing and staffing the office. It can take 10 years to reach the director level (assuming two years as an analyst, two years for an MBA, two years as an associate and four years as a vice president). However, this timeline is dependent on several factors, including the firm involved and the individual's success at the job. Some banks require an MBA, while others can promote exceptional bankers without an advanced degree. 

Key Traits
Criteria for success include: 


  • Technical skills
  • Ability to meet deadlines
  • Teamwork
  • Communication skills
  • Career potential
Those who can't take the heat move on, and there is a filtering process prior to promotion to senior levels. Those who wish to exit the banking industry can make lateral moves tocorporate finance (e.g., working at a Fortune 500 company, which means making less money), private equity and hedge funds. 

Private Equity
Earning Potential
Principals and partners at private equity firms pass the $1 million-per-year compensation hurdle, with partners often making tens of millions of dollars per year. Managing partners at the largest private-equity firms can bring in hundreds of millions of dollars, given that their firms manage companies with billions of dollars in value. 


If their investment-banking counterparts handle high-priced items with high commissions, then private equity manages high-priced items with very high commissions. The vast majority go by the "two-and-twenty rule," that is, charging an annual management fee of 2% of assets/capital managed and 20% of profits on the back end.

Take a private-equity firm that has $1 billion under management; the management fee equates to $20 million per year to pay for staffing, operating expenses, transaction costs, etc. Then the firm sells a portfolio company for $200 million that it originally acquired for $100 million, for a profit of $100 million, and so takes another $20 million fee. Given that a private-equity firm of this size will have no more than one or two dozen employees, that is a good chunk of money to go around to just a few people. Senior private-equity professionals will also have "skin in the game," that is, they are often investors in their own funds. 

Job Duties
Private equity is involved in the wealth-creation process. Whereas investment bankers collect the bulk of their fees when a transaction is completed, private equity must complete several phases over several years, including:


  • Going on road shows for the purpose of raising pools of investment capital
  • Securing deal flow from investment banks, intermediaries and transaction professionals
  • Buying/investing in attractive, sound companies
  • Supporting management's efforts to grow the company both organically and throughacquisitions
  • Harvesting by selling the portfolio company for a profit (typically between four and seven years for most firms)
Analysts, associates and vice presidents provide various support functions at each stage, while principals and partners ensure that each phase of the process is successful. The level of involvement for principals and partners varies at each firm, but they hire the best and brightest pre-MBA and post-MBA talent at the junior levels and delegate most of the tasks.

Most of the initial filtering of prospective investment opportunities can be held at the junior levels (associates and vice presidents are given a set of investment criteria by which to judge prospective deals), while senior folks step in typically on a weekly basis at the investment review meeting to review what the junior folks have yielded.

Principals and partners will head up negotiations between the firm and the seller. Once the company is bought, principals and partners can sit on the board of directors and meet with management during quarterly reviews (more frequently, if there are problems). Finally, principals and partners plan and coordinate with the investment committee on divestitureand harvest decisions, and strategize on getting maximum returns for their investors. If the private-equity firm is unsuccessful at a particular stage, you will generally see principals and partners get more involved to shore up efforts in that phase. 

For instance, if deal flow is lacking, then the senior folks will go on a road tour and visit investment banks. At fund-raising road shows, senior private equity professionals will interface with institutional investors and high-net-worth individuals on a personal level, and also lead the presentations. At the deal-flow sourcing stage, principals and partners will step in and develop rapport with intermediaries, especially if it's a new contact and a budding relationship. If a portfolio company is underperforming, you will find principals and partners more frequently on site at the company to meet with management. 

Hedge Funds
Earning Potential
Like their private-equity counterparts, hedge funds manage pools of capital with the intention of securing favorable returns for their investor clients. Typically, this money is raised from institutional and high-net-worth investors. Hedge fund managers can make tens of millions of dollars because of a similar compensation structure to private equity; hedge funds charge both an annual management fee (typically 2% of assets managed) and a performance fee (typically 20% of gross returns). 


Job Duties
Hedge funds tend to be staffed less than private equity (assuming the same amount of capital managed), and they can have more leeway in choosing how to deploy and invest their clients' capital. Parameters can be set on the front end on the types of strategies these hedge fund managers can pursue. 


Unlike private equity, which buys and sells companies typically within an investment horizonof between four and seven years, hedge funds can buy and sell financial securities with a much shorter time horizon, even selling securities within days or hours of purchase. Because of this condensed investment horizon, hedge fund managers are much more involved on a daily basis with their investments (as opposed to private-equity principals and partners), closely following market and industry trends and geopolitical and economic developments around the world. 

Being heavily compensated on performance fees, hedge funds can invest (or trade) in all kinds of financial instruments, including stocks, bonds, currencies, futures and options. 

The Bottom Line
Getting into a private-equity firm or a hedge fund is brutally competitive. It is virtually impossible to get into these organizations coming straight from an undergraduate degree


Elite standardized test scores help, along with academic pedigree and leadership activities. A quantitative academic discipline (such as finance, engineering, mathematics, etc.) will be looked upon favorably. Quality of professional experience is looked upon brutally, by a cynical, unforgiving set of eyes. 

Many investment bankers contemplating their exit opportunities will often transition to private equity and hedge funds for the next leg of their careers. Those looking to get into private equity and the hedge fund business should work a few short years (between two and four) at a bulge-bracket investment bank or at an elite consulting firm (e.g., McKinsey & Co. or Bain & Co.). Buy-side and sell-side work will be viewed favorably by private equity. For hedge funds, buy-side work at either an investment bank or private-equity firm will be viewed favorably for junior-level positions. 

Trade Like a Top Hedge Fund
What can technical traders see that you don’t? Investopedia presents Five Chart Patterns You Need to Know, your guide to technical trading like the pros. Click here to get started, and learn how to read charts like an industry veteran.



Thursday 15 May 2014

Career Helping

Begin a Rewarding Career Helping Others


Counselors understand that people are constantly evolving and need guidance during these inevitable transitions.
Everyone needs help at some point in time. Changes in careers, education, and emotional and economic transitions happen at all stages of life and counselors help people grow by offering support, therapy, consultation, teaching and evaluation.
Since it's estimated that one in four Americans is affected by mental health issues each year, counseling careers, though highly-regarded, face numerous challenges and opportunities.

Job Title Median Annual Salary*
School & Career Counselor $53,610
Mental Health Counselor $41,500
Marriage & Family Therapist $46,670
Rehabilitation Counselor $33,880
Substance Abuse & Behavioral Disorder Counselor $38,520


Friday 7 December 2012

Smart Whiteboard

Smart Whiteboard

smart-board-600i-interactive-whiteboard-photo

 

     A Smart Board in Union City High School in New Jersey equipped with an overhead projector.


Uses

Uses for the Smart Board include teaching,training, conducting meetings, and delivering presentations. It has also been used on the Discovery Channel television show MythBusters.

Using Smart Notebook software, teachers can record each step of a lesson activity for students to review at a later time.

In Datacloud: Toward a New Theory of Online Work, Johndan Johnson-Eilola describes a specific computer-supported space for collaboration: the Smart Board. According to Johnson-Eilola, a “Smart Board [interactive whiteboard] system provides an... intelligent whiteboard surface for work” (79). Johnson-Eilola asserts that “[w]e are attempting to understand how users move within information spaces, how users can exist within information spaces rather than merely gaze at them, and how information spaces must be shared with others rather than being private, lived within rather than simply visited” (82). He explains how the Smart Board interactive whiteboard system offers an information space that allows his students to engage in active collaboration. He makes three distinct claims regarding the functionality of the technology: 1) the Smart Board allows users to work with large amounts of information, 2) it offers an information space that invites active collaboration, and 3) the work produced is often “dynamic and contingent” (82).

Disadvantages

Don't get the smartboard! I have an "inter-write pad" that works with a projection system. 

The software is absolutely wonderful. It comes with simulations, videos, stampers, color pens, graphics that should cover just about any teachers need just to mention a few. 

 Plus you are not stuck standing at the board. You can walk all around the room while writing on the pad which is projected onto a large screen. Here is a link to more information.

http://www.interwritelearning.com/produc…

  Interwrite Pad

 

See also

 

Tuesday 6 November 2012

Inter Board Committee of Chairmen (IBCC)

Inter Board Committee of Chairmen 
(IBCC)


website

Another function of great importance assigned to the IBCC is to decide and grant equivalence to foreign qualifications with corresponding Pakistani Certificates at the Secondary School Certificate (SSC) (Matriculation), Higher Secondary School Certificate (HSSC) (Intermediate levels) and technical education as well as local certificates / diplomas with the comparable certificates awarded by the Boards. IBCC also converts foreign grades into Pakistani marks at SSC/HSSC level.