¿What is an MBA?

 (Master of Business Administration)
In the labor market has resulted in increased demands for future professionals, and a college degree is not enough, postgraduate studies are almost or more important than undergraduate.

 
It is no secret that globalization has brought down the borders, especially with the spread of internet, now part of the so-called global village. In business it translates into increased competition as companies not only compete directly with their geographical rivals, but the rest of the world.

An MBA is a must in today's competitive world
An MBA is a must in today's competitive world
Among the myriad of available postgraduate studies is the famous MBA or Master of Busnisess Administration (Master of Business Administration). Its origin dates back to 1900 when the Tuck School of Business at Dartmouth College offered the first, today the selection of this MBA is one of the most selective in the world.

Usually, the MBAs have a duration ranging between 1 and 3 years depending on the school program. Also, some offer a specialization in some area, the most common are: Finance, Marketing, Logistics, Human Resources.

The Master of Administration Busnisess have three modes of study:
Part-time: we are witnessing a few days a week, as in the rest of the person works
Full time: It is full-time, is not compatible with any work schedule
Weekends: Friday afternoon and Saturday all day.
E-learning: This is done via the Internet allowing students to set their own schedule according to their abilities.

 

What MBA for me?
Represent a major investment for the choice of study program is a very important decision, this must conform to their expectations and in turn adapt to their availability. Some specialized journals in the field, as topuniversities.com, note that you must keep in mind some very clear points before taking the decision.

1. Professional and viability objectives: to minimize the possible options think that employers are looking for, as improve their qualifications after taking the course, their opportunities for advancement in your current job and finally as can help you be more attractive to HR managers in the area of ​​their specialization.
2. Self-evaluation: is conducting a thorough and realistic assessment of their capabilities and abilities to define precisely because he wants to take the course.

3. Research and selection criteria: the self can develop a profile of what you like, so you can select the business school that meets their expectations. Currently there are many specialized sites that allow you to select schools that offer what you are looking for. For example, if you want to devote to Marketing you should select a school that has a good teacher and / or profile in the area.
4. Visit schools: As of the possibilities is a good idea to visit schools personally, but if not possible, to attend the annual fairs where schools are promoted is a good idea.

CAR INSURANCE QUOTES

>

Car insurance is an insurance contract covering the risks created by driving cars in case of causing an accident.

There is a basic mode, whose recruitment is compulsory for all vehicle owners, called for it compulsory motor insurance to cover the liability of the owner and driver of the vehicle in the case that they are not the same person for damages and injuries caused to third parties. It also includes legal expenses up to certain limits. This mode is regulated in detail by state regulations.

Along with this basic mode can hire other volunteers accessories: what is called voluntary civil liability insurance covering any compensation to third parties beyond the amounts covered by compulsory insurance; insurance occupants, the same as above but specifically for vehicle occupants; own insurance or all risk insurance damages, for damages that may occur to the insured's own vehicle; moons insurance for damage to the moons of the vehicle itself, is a subspecies of the former; the driver accident insurance, which is insurance on the life of the driver himself, since it is not covered by compulsory insurance; the legal expenses insurance as it is not covered by compulsory; travel assistance, etc.
There is also the variant "duty" that is mostly used in car insurance all risk that instead of paying the entire incident, it only from an amount which supports the insured.

Why buy insurance for the vehicle?
In addition to the SOAT it is important to have insurance that covers the vehicle and its owner or operator, as having insurance is the simplest way to protect your assets.

Basic coverage includes: Tort Liability, damages to people, damages to things. Legal assistance in criminal and civil proceedings.


A partial loss of car insurance are damage caused by an accident or malicious acts of third parties or disappearance of parts or damage resulting from theft when: spare parts + labor + taxes do not exceed 75 %.

A total loss if the damage is over 75%.

In Mexico car insurance, it is indeed a contract, which covers the risks (accidents) in which a vehicle can be involved regardless of whether this is being driven or parked.

No basic types, called hedges and their characteristics are:

Liability Coverage: This coverage only covers damage or injury caused by the vehicle that is insured to third parties either on their goods or persons are excluded vehicle theft and damage.
Limited coverage: This coverage covers damages or injuries caused by the vehicle that is insured to third parties either on their property or persons and is also covered vehicle theft in this coverage are not covered damage of the insured vehicle.
Comprehensive coverage: This coverage covers damages or injuries caused by the vehicle that is insured to third parties either on their property or persons is covered vehicle theft and damage are covered by the insured vehicle.
In all cases the covering legal expenses are covered.
In each including legal defense coverage it is specified the amount by which the insurance company will respond.

It has other coverage that each person chooses like the above if you need them or not, these are:

Adaptations or conversions
The driver accidents
Roadside Assistance
Unfortunately in Mexico it is unregulated which all vehicles are equipped with safe, but you should have one, at least coverage of Civil Responsibility (CR) as this would greatly help the person who unfortunately is involved in an accident and being responsible for it, to be uninsured apart from losing their heritage, have to pay damages and hiring at least one safe with this coverage the insurance company pay the damage caused to third parties.

The insurance is that car insurance besides covering damage to third parties, the insurance is compulsory by law, own damage, namely the car. Really there is no standard model of insurance and each insurance company has its own commercial products but in general, in addition to damage to the vehicle, it is common to offer other supplementary insurance and driver insurance, voluntary liability, legal defense and claims for damages, mechanical assistance, roadside assistance, theft, fire, moons, replacement vehicle, coverage for lost points, etc.

The insurance contract is the agreement by which one party, the insurer undertakes to compensate for damage or to pay a sum of money to the other party, the policyholder, the event to be verified under the contract, in return for payment of a fee, called a premium, by the policyholder. The insurance contract may cover all risks if insurable interest exists, unless expressly prohibited by law.
The contractor or policyholder, you may agree or disagree with the insured, for its part, undertakes to make payment of the premium, in exchange for the cover granted by the insurer, which prevents him face greater economic damage, if the loss occurs.
The insurance contract is consensual; the mutual rights and obligations of the insurer and policyholder, start from that convention was held even before the issuance of the "policy" or document reflecting details and conditions of the insurance contract.

Forex

What is Forex

WHAT AM I DOING WHEN operated FOREX?

Forex is an abbreviation commonly used for "foreign exchange" or "currency exchange" and is often used to describe the trading in the forex market by investors and speculators.

For example, imagine a situation in which it is expected that the value of the US dollar it will weaken against the euro. A forex trader in this situation will sell dollars and buy euros. If the euro strengthens, the purchasing power to buy dollars has increased. The trader now can buy back more dollars than they had to begin making a profit.

This is similar to stock trading. A stockbroker buy a stock if you think the price will increase in the future and will sell a stock if you think its price will fall in the future. Similarly a forex trader will buy a currency pair if you expect the exchange rate to increase in the future and sell a currency pair if you expect the exchange rate to fall in the future.

WHAT IS AN EXCHANGE RATE?

The forex market is a global and decentralized market determines the relative values of different currencies. Unlike other markets, there is no central repository or exchange where transactions are carried out. Instead, these operations are performed by various market participants in various places. It is rare for two coins have an identical value to each other and also rare that two currencies remain the same relative value for more than a short period of time. In Forex, the exchange rate between two pairs of currency changes constantly.

For example, the January 3, 2011, one euro was worth about $ 1.33. On May 3, 2011, one euro was worth about $ 1.48. The euro has appreciated 10% against the dollar US during this time.

WHY CHANGE EXCHANGE RATES?

Currencies are traded in an open market such as stocks, bonds, computers, cars and many other goods and services. The value of a currency fluctuates as its supply and demand fluctuates, just like anything else.

An increase in supply or a reduction in demand for currency may cause the value of the currency falls.

A decrease in supply or increased demand for currency may cause the value of the currency is increased.

A great benefit of Forex trading is that you can buy or sell a currency pair at any time, subject to availability of liquidity. So if you think the euro zone will separate, you can sell the euro and buy dollars (sell EUR / USD). If you think the gold price will go up, based on the historical correlation patterns, you can buy and sell Australian dollar US dollar (Buy AUD / USD).

This also means that in reality there is no "bear market" in the traditional sense. You can win (or lose) money when the market is trending to the upside or on the downside.

Why Trade Forex?

The online forex trading has become very popular in the last decade because it offers a number of advantages:

THE FOREX MARKET DOES NOT SLEEP

The trading goes around the world during different times of markets in different countries. Therefore, you can operate the most popular currency at any time, 24 hours a day. Since there is no specific timetable for appointing exchange rates, there is something going on almost every moment of the day and night. 1

You can go long or short

Unlike many other financial markets, where it can be difficult to take short positions, there is no limitation to go short on coins. If you think a currency is on the rise, buy. If you think you're going to fall, sell it. This means that there is no such thing as a "bear market" in forex - you can make (or lose) money at any time.

Low transaction costs

Most forex accounts without commissions operate without expensive license fees or data. The cost of trading is the spread between the buying price and the selling price, always available on screen trading.

LIQUIDITY INIGUALABLE

Since the forex market is a market of $ 4 trillion a day, mostly concentrated in only a few currencies, there are always many people operate. This typically makes it easy to enter and exit operations at any time, even with larger amounts.

LEVERAGE AVAILABLE

Because of the deep liquidity in the forex market, you can operate with considerable level of leverage (100: 1). This allows you to leverage even small market movements. Leverage is a double-edged sword, of course, because it can substantially increase gains and losses.

INTERNATIONAL EXHIBITION

As that the world is becoming more global, investors seek opportunities wherever they can. If you want to take a general view and invest in another country (or sell short), forex is an easy way to gain exposure while avoiding the vagaries as the laws of rate change and the financial statements in different languages.

Basic concepts

Learn to trade forex is like learning a new language. It is easier when you have a good vocabulary and concepts and basic ideas are understood. So, let's start with the basics of forex before learning to use the Trading Station platform. For a more thorough introduction to the forex market.

What is Forex?

Forex is the common abbreviation of "foreign exchange" or "currency exchange". This typically involves buying and selling currencies on the market, especially among investors and speculators. The familiar expression "buy low and sell high" applies to currency trading. A forex trader purchasing currencies that are undervalued and sells coins that are over-valued, as does a trader buys shares when a stock is undervalued and sell when the market is over-valued.

HOW TO READ A QUOTE?

Forex quotes are always presented in pairs because one currency is compared against another. This can be confusing at first, but it's pretty intuitive. For example, the EUR / USD at 1.4022 shows how much a euro (EUR) US dollar (USD).

WHAT IS A LOT?

It is the smaller size of transaction. FXCM accounts have a lot micro 1,000 currency units. The owners of the accounts can place orders of different sizes while maintaining increases in 1000 as 2,000, 3,000, 15,000, 112,000, etc.

What is a PIP?

A pip is the unit in which the gains or losses are counted. Most currency pairs, except the Japanese yen, quoted to four decimal points. The fourth space after the decimal point (in a 100th of a cent) is typically what you look for counting "pips". Each point moving in that place is a movement of 1 pip. For example, if the EUR / USD rises to 1.4022 a1.4027 it is up 5 pips.

WHAT IS THE LEVERAGE / MARGIN?

As mentioned above, all operations are executed with borrowed money. This allows you to benefit from leverage. The 100: 1 leverage allows you to trade with $ 1,000 in the market putting aside only $ 5 as a security deposit. This means you can take smaller movements in the currencies market controlling more capital in the market which effectively takes into the account.

Leverage can dramatically increase both their profits and losses. The trading on margin carries a high level of risk and may not be suitable for you as they could suffer losses that exceed your deposit. Therefore, it should be used with caution. Trading foreign exchange with any level of leverage may not be suitable for all investors. The specific amount that you are required to put aside to maintain a position known as the margin requirement. The margin can be considered a good faith deposit required to maintain open positions. It is not a fee or a transaction cost, it is simply a part of its capital which is reserved aside and allocated as a margin deposit.