Saturday, February 29, 2020

Personal statement for Hult International Business School

For Hult International Business School - Personal Statement Example I have acknowledged that a brighter future awaits if I pursue higher educational degrees in the field I am most interested in. Since the start of my bachelor degree, I have focused on delving in International Business at Hult International Business School due to the shared commitment for â€Å"personal growth, intellectual integrity, global sensitivity, local engagement, and civic values, so that students are able to flourish in the global economy and are empowered to contribute meaningfully to their business and community† (Hult: Mission, 2010). In this regard, I am looking forward into changing cities to face new challenges and experiences. After completing Master of International Business, I plan to pursue a job in finance or real estate, concurrent with past experience in my family’s business. Likewise, after a few years of work experience, I am determined to return to Hult to pursue my MBA.   For my long-term goals, there is this entrepreneurial drive to take over my familys real estate firm in Belgrade, pursuant to the encouragement of my parents. Equipped with the theoretical framework and skills honed through the academe, I am determined to expand it and to seek new business opportunities to capture Balkans’ growing market. The course in International Business would effectively develop the needed knowledge and skills to venture into opportunities in the local market (initially) and eventually in global and emerging markets. My current course in Economics with focus on finance and administration would provide the theoretical background to indulge in higher education on an analogous field on endeavor. As I have been part of our family business, I was exposed to the rigors of entrepreneurship, management, operations, and human behavior in organizations. These experiences, in conjunction with the academic framework, provide the impetus for making my plans viable and credible, both in the short-term and

Wednesday, February 12, 2020

Awaiting Health Laws Prognosis Article Example | Topics and Well Written Essays - 500 words

Awaiting Health Laws Prognosis - Article Example The majority of the population was not affected by these limits; because even though healthcare is getting more expensive everyday it is uncommon for a human to need over a million dollars in medical treatments over their lifetime. Despite this premise there are certain catastrophic illnesses such as cancer and hemophilia whose medical treatment costs are astronomical. For instance in 2010 Alex All clotting medicine treatment costs $800,000 to treat his hemophilia condition. The new legislation has eliminated the lifetime limit coverage heath plans were imposing on subscribers. This new governmental policy will help thousands of patients who have serious illnesses that require expensive treatments. It will provide them the opportunity to get the health treatment they need without the worry that the plan will cut them off after a certain cap threshold. The quality of life of these patients will greatly improve as result of the new policy. The implication of the policy does have economic consequences for the healthcare market as a whole. Some of these catastrophic illnesses have costs that are so high that they could have a severe impact in the medical cost inflation rate in the United States. Take for example Alex’s condition. He is only 22 years old. If he lives to be 80 years of age the total cost of his treatment over the next 58 years will be $54.4 million assuming the treatment costs stays constant. This assumption is not realistic due to the fact the US medical costs inflation rate is 3.6% which implies the medical the accumulative medical expenses are likely to exceed $100 million over the patients lifetime (Forecast-chart, 2011). The lifetime medical caps prior to the policy change were a cost control mechanism that was very effective. The market efficiency is disrupted by the implementation of the policy. The new rules of the game are going to have an inflationary effect in the long term as these catastrophic patients are