Gold Loan Service - 1467 Words

Project Report On Gold Loan Service in India Subject: Management of Financial Services Submitted to: Submitted by: Dr. Sanjay Medhavi Mayank Raj MBA III sem. Roll no. 28 Department of Business Administration University of Lucknow Introduction: Gold considered an auspicious metal is opening up business opportunities in India. Largely driven by the unorganized segment in the past, most of whom included the pawn brokers, the gold loan market has now started to be driven heavily by the organized segment. The stigma attached to pledging gold is slowly thinning among people while companies†¦show more content†¦The product is packed with features such as: * Hassle-free quick processing of loans. * Simplified paperwork. * Easy payment options. * Attractive interest rate. Gold loans (or deposits) are not backed by cash collateral and, in some cases, are not backed by non-cash collateral. However, the gold may be on-sold by the borrower. With Gold Loan, you can get an instant loan against your gold jewellery and ornaments. The procedure is simple, documentation is minimal and approval is quick. Features amp; Benefits : * You can avail Loan upto Rs.20,00,000 amp; upto 80% of value for any purpose * Safety amp; Security of your Gold Jewellery * Loan processed in 30 Minutes * ATL - Anytime Liquidity * No EMI, Service only Interest and enjoy the Loan facility * Lower Interest Rates * Simple documentation and fast processing. * Overdraft limit varies depending on the market rate of gold. * Interest rate is payable only amount of the overdraft that you use. Major Players in providing Gold Loan : There are majorly four sectors that provide this service. These are: 1. Public Sector Bank 2. Private Sector Bank 3. NBFCs 4. Co-operative Societies Financial institutions provide 70% to 85% of value of gold pledged as loan. The interest rates vary from 12% to 15.25% for banks whereas NBFCs offer between 12% and 21% depending on the value of the gold pledged. The timeShow MoreRelatedThe Effect Monetary Policy has on Macroeconomic Factors Essay1595 Words   |  7 Pagesa house, a new car, borrow money for home improvements and many other decisions on purchases which will impact the total level of spending in the economy. The Federal Reserve has two main assets, securities and loans to commercial banks, thrifts-savings and loans, mutual savings and loans and credit unions. Securities are government bonds that have been purchased by the Federal Reserve Banks. They consist largely of Treasury bills (short term securities), Treasury notes (mid-term securities), andRead MoreInter-Branch Transactions Essay1591 Words   |  7 Pages3. PERSONAL LOANS 1. The branch obtained fully filled and duly signed Personal Loan Applications from the applicants, but not properly obtained approval from The Regional Manager. According to circular No.CO /CIR /ADMN/RJ:13/130, dated 12.07.2013, and the branch must obtain approval from the Regional Manager. 2. The branch has filed PL application and its related securities separately, PL application along with related securities to be filed in one file. 4. GOLD LOAN The gold loan outstandingRead MoreBopexecutive Summary Banking History the First Banks Were Probably the Religious Temples of the Ancient World, and Were Probably Established in the Third Millennium B.C. Banks Probably Predated the Invention of Money.1747 Words   |  7 Pagesconsisted of grain and later other goods including cattle, agricultural implements, and eventually precious metals such as gold, in the form of easy-to-carry compressed plates. Temples and palaces were the safest places to store gold as they were constantly attended and well built. As sacred places, temples presented an extra deterrent to would-be thieves. There are extant records of loans from the 18th century BC in Babylon that were made by temple priests/monks to merchants. Banking in fact is as primitiveRead MoreHow Money Came Into Existence?1538 Words   |  7 Pagesadmit it or not, dominates our lives. Imagine life without money, what would you trade for that car you want to own, or that apartment you ha ve your eyes upon in the posh location of your city? Your labor, services, or would you barter one of your possessions for them? If so, how much of your services would be worth that car, or what would you give up in exchange for the apartment? Predicaments similar to these led to the creation of the medium of exchange called money that solved the problem of coincidenceRead MoreThe Value Of The Fiat Money1058 Words   |  5 Pagesanything of value, its not as easily accepted. Over time, people gradually come to accept the fiat money because they believe others will accept it also. 2) When the value of money was based on its gold content, new discoveries of gold were followed by periods of inflation because as the surplus of gold went up, so did the supply of money. When the supply of money surpasses its equilibrium, we get inflation. 3) A depository institution is a financial institutions such as a savings or commercialRead MoreRole of Money in Modern Economics1454 Words   |  6 PagesChapter11: Money, Banking the Financial Sector I. Money A. Money is defined as anything people accept for goods and services. In modern economies, money is national currency. B. In the absence of money, societies use a â€Å"barter† system in which goods are exchanged for goods. 1. Barter economies require a â€Å"Double Coincidence of Demand† in that the two market participants must each be supplying what the other demands. 2. Barter also implies negotiations over the exchange (a cost modern economiesRead MoreBlack Gold, The Ethiopian Coffee Farmers911 Words   |  4 Pagesrich western countries. Black Gold In the movie â€Å"Black Gold†, the Ethiopian coffee farmers were getting a low cost for their harvested Ethiopian coffee. Farmers were forced to live a living standard below the average norm because of the unfair compensation. Despite the fact that more than two billion cups of coffee were getting consumed every day(â€Å"Black Gold†) and coffee’s retail sales have increased from $30 billion to $80 billion every year since 1990 (â€Å"Black Gold†), the farmers were still notRead MoreMr. Kim s Pledge895 Words   |  4 Pagesthe Democratic Republic of Congo’s capital, Kinshasa, on a trip in the company of the U.N. secretary general, Ban Ki-moon, that also took in neighboring Rwanda and Uganda. Earmarked for financing health and education services, hydroelectric projects and cross-border trade, the loan is intended as an incentive to end Congo’s violence, despite the country’s endemically poor governance: The D.R.C. ranks behind only So malia in Foreign Policy’s Failed States Index.† (Herbst, Jeffery and Mills, Greg, JULYRead MoreThe Most Important Function Of Money966 Words   |  4 Pagesserves as a way to measure the value of goods and services. As the value of all goods and services is measured in a standard unit of money, their relative values can be easily compared (Asmundson Oner, 2012). Another function of money it that it serves as a standard for deferred payments. Deferred payments mean those payments which are to be made in the future. If a loan is taken today, it would be paid back after a period of time. 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Similarities Between Confucianism And Buddhism - 1124 Words

There are a number of similarities between the eastern religions and philosophies of Confucianism, Buddhism and Hinduism. While Hinduism is centered around a supreme being, Buddhism and Confucianism are centered around the teachings of a man. Each encourages moral behavior, ethical values, such as non-violence, charity, and a respect for the universe. To better understand the philosophical similarities and differences between Confucianism, Buddhism and Hinduism, it is important first to consider the teachings of Buddha, Patanjali and Confucius in their historical context. Buddhism is a tradition that evolved from the original teachings of Siddhartha Gautama, the Buddha or Enlightened One. Buddha was born a Hindu in about 563 B.C.E. He was of aristocratic birth and grew up in relative luxury and the security of the ruling class of that period. At age twenty-nine, he tired of his comfortable existence and renounced the world and went in search of wisdom. Tradition states that he attain ed enlightenment on a full moon day in May - under a fig tree. According to Buddha s teachings, the purpose of life is to end suffering and develop compassion for all living things without discrimination. He taught that meditation must be used to move beyond selfish concerns and desires. Only by quieting the mind can people connect with the power of the larger universe and reach a state of enlightenment and peace. Buddha s teaching, or dharma, begins with the Four Noble Truths. He disclosedShow MoreRelatedSimilarities Between Confucianism And Buddhism1078 Words   |  5 PagesAlvarez REL 2300 6/22/2017 Confucianism and Buddhism People very commonly confuse the Chinese culture for being the birthplace of Buddhism. When you walk into an Asian owned business and see a large statue of a bald Asian man, people typically assume that it is a shrine to Buddah but this is incorrect, India was the original birth place to Buddha. Chinese culture founded the Shang Dynasty which from that came the two most popular religions in that region, Confucianism and Daoism. Today I willRead MoreEssay on Confucianism vs. Buddhism1607 Words   |  7 PagesConfucianism vs. Buddhism By Robert Truckle In this essay, two world religions will be compared to see how similar and/or how different they are; these two religions are Confucianism and Buddhism. Confucianism speaks about the wise thoughts that Confucius came across throughout his life. Buddhism speaks about how to acquire great knowledge throughout life. Confucianism was founded by a Chinese man, but Buddhism was founded by an Indian man. These quick comparisons show how the religions differRead More Comparing Buddhims, Taoism, and Confucianism Essay1469 Words   |  6 PagesTaoism, and Confucianism There are many similarities and differences between the three religions of Buddhism, Taoism and Confucianism. 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Buddhism is mainly practiced in the Asia-Pacific region with approximately 481,290,000 Buddhists, which means 99% of Buddhists live in Asia-PacificRead MoreSimilarities Between Confucianism And Confucianism893 Words   |  4 Pages For centuries, Eastern religions and philosophies of Hinduism, Buddhism, Confucianism Daoism have been practiced by millions. Three similarities distinguishable by all four practices is the focus and teachings of virtuous humanistic practices, compassion and respect for the world around us. Although, similar in intentions each system carries unique attributes. In 1027 BCE after the rebel tribe, Zhou overthrew the Shang dynasty a time of cultural sophistication, and philosophical achievementRead MoreThe Founding And Spread Of Buddhism, Hinduism, Confucianism, And Hinduism1671 Words   |  7 Pageseach other. When analyzing the founding and spread of Buddhism, Sikhism, Confucianism, and Hinduism, it is evident that although there are many distinguishing differences between the four religions, there are multiple similarities that link them all with each other. The word Buddhism is derived from the word â€Å"budhi†, to awaken, so it makes sense that the creation of the religion begins with its founder’s awakening. It is said that Buddhism started in the 6th century due to the actions of its founderRead Morein Ngugi’s A Grain Of Wheat, and in Silko’s Ceremony Essay1273 Words   |  6 PagesChina’s Historic Teachings of Buddhism and Confucianism Since the beginning of time the country of China, now known as the Peoples Republic of China has always been a remarkable civilization from its technologies to its philosophies. It has long been a host to a variety of fused religion/philosophical based traditions. Both the religions of Buddhism and Confucianism make up two of the three Chinese historic teachings. It is from these teachings which have had a significant role in shaping theirRead MoreThe Buddha Was A Very Smart Man Named Siddhattha Gotama759 Words   |  4 PagesThe Buddha was a very smart man named Siddhattha Gotama. He passed up many great positions to continue on his journey. He tried his own techniques and learned from them. Buddhism was not the first religion in China, it migrated from India. Buddhism is a vast and complex religious philosophical tradition. Buddhism was the religion everyone in China mostly followed and a little bit of the previous one. Buddha is not a name it is a title that means one who has woken up. You can not be called BuddhaRead MoreConfucianism : Ziran And Wuwei1371 Words   |  6 PagesLike Confucianism, Daoists offer two principles to cultivate oneself: ziran (è‡ ªÃ§â€ž ¶) and wuwei (æâ€"  Ã¤ ¸ º). Ziran has been widely translated to mean self-so. Laozi explains what self-so may mean when he tells his followers to â€Å"open yourself to the Tao, then trust your natural responses; and everything will fall into place.† As Robert Eno, Associate Professor of Early Chinese History and Thought at Indiana University, puts it, â€Å"The inhabitants of the Natural world are ‘self-so,’ they simply are as theyRead MoreA Brief Note On The Japanese Religion Of Shintoism1446 Words   |  6 Pagesappeasing the Gods. 6. The main similarity is that they are all monotheistic- meaning they believe in one god and worship one and only one god that is divine and created the world. This is different because this one god controls the destiny of all people and there is no one that can speak to or pacify the spirits. 7. - Humans struggled to understand the world and their place in it. - These beliefs found a way to define and explain the relationship between Cosmos and the community. - They

Determining Achievements in the Choice of School Free Essays

string(131) " for the proposition that society shift to the subsidization of private schools and away from the subsidization of public schools\." Every parent wants what is best for their child. Though parents do not have control over everything in their child’s development, education is one they do control. A person’s education is one of the most important factors in determining whether or not they will become a productive member of society. We will write a custom essay sample on Determining Achievements in the Choice of School or any similar topic only for you Order Now Because education is so important, what kind of education is best? Whether or not a public or private school is best may be an issue worth addressing. The debate over which is better is a battle that has gone on since private schools were first introduced as an alternative. It seems most people are of the opinion that private schools are superior; the issue is simply if it is worth the money. However, this may not be the case. Therefore, how does one gauge the superiority of a school? This very difficult question has no easy answers. The most common and maybe the only way that researchers can rate and measure the effectiveness of a school is by measuring achievement. The American Heritage Dictionary seems to define achievement as â€Å"something that has been accomplished successfully, especially by means of exertion, skill, practice, or perseverance. This efinition is not exactly what researchers are speaking of when they refer to achievement. Though they all seem to define it slightly different, achievement is refered to as an improvement in overall academic excellence that did not exist before or outside the classroom. Many researchers used achievement tests and SAT scores in longitudinal studies for this measure. These reports seem to suggest that public schools seem to perform at equal levels with private schools. But are SAT scores and achievement tests all that are important to a school and what it can provide for children? This question cannot be addressed with these The fact that I was raised in a private environment seems to suggest that I may not be better off than my private counterparts. Since a young age, I have attended private schools. From Kindergarten through all four years of high school, I have been in home schooling with my other brothers and sisters. I was raised on the idea that private schools are better than public ones. My parents and most of my peers still believe this. I might still think this also but with much less fervor. After high school, I then went on to Meramac, my first public school. It was here that I learned, in that large and diverse environment, and from talking to my friends now at public colleges, that maybe the average public and private system are not so different. I am not saying that high school and college are comparable, they are not. Maybe just the idea that private schools provide a superior education is false. I seem to be getting the same if not better education where I am now, at Meramac, than I would at some private college. I am afraid to ask how much my parents have spent on my education. Would I be I the same place today had I gone to public schools, only having a more However, one must keep in mind that the issue over weather private schools are superior to public ones cannot be calculated for just myself or any other individual. The facts and data stated here are averages, not necessarily the best and most accurate information for all children. Also, not all public schools are the same and not all private schools are the same. Again, the results here are supposed to be averages of each. Many schools are not even addressed. Public magnet schools, independent schools, and special education schools, are some examples. Another thing to bear in mind is that there are many more public schools than here are private ones, thus skewing the data some. With that I mind, I have found six journals written on, or pertaining to, the subject of achievement and whether private or public does a better job of promoting it. However, all of these researchers did not just pick a hundred public students and a hundred private ones, test them, and then see who scored higher. Many variables must be taken into account to make the two groups as equal as possible. This logical step included the factoring out of variables such as economic backgrounds, gender, age, race, IQ, and others. By liminating or lessening these characteristics and others like them, more equivalent groups can be made, with a smaller chance of non school influences affecting score results. Before the mid 1970’s, the issue of the better type of school had not been seriously addressed. This may be because most students enrolled in private schools were there primarily for religious reasons. This is why most private schools are Catholic. The Coleman report, released a before the 1980, began the battle that still continues to this day. Their conclusion stated that, after all the data was collected, and all the important ariables accounted for, private schools produce better achievement than their public counterparts. Shortly after this research became public, numerous studies have been documented as stating that their conclusion was false. Some of those studies shall be stated here. One of the first reports that confronted the Coleman report was released in 1981 by authors Goldberger and Cain. This study did nothing but address the validity of the report by Coleman, Hoffer, and Kilgore, which was a document that contained 233 pages + appendices. They found that â€Å"the method and nterpretations employed fall below the minimum standards of acceptability for social-scientific research†. Goldberger and Cain do not only disagree with the results that Coleman and his associates released but attack them with a fair amount of vemenance. Their research methods, or, their execution of the methods, are replete with flaws. The presentation of their style are one-sided — pro-private. It is as if they decided to write a brief for the proposition that society shift to the subsidization of private schools and away from the subsidization of public schools. You read "Determining Achievements in the Choice of School" in category "Papers" Goldberger and Cain therefore, are not saying anything referring to which type of school is better. They are simply stating that the results shown by the Coleman report are not accurate, and therefore, there is simply no evidence suggesting that private is better. However, in 1983, Alexander and Pallas not only discredited the Coleman report but also did a study of their own. Though a little more discrete in their judgments, they again find the Coleman results flawed. They also address the fact that because most private schools are catholic, it would be wrong to generalize the private school data set by including all private schools. Instead they address the issue as a public-Catholic one. Attempting to correct the errors in the Coleman report, they do a study of their own. Using the NLS and HSB studies, they find that there is not a substantial difference in the results and that private schools are not better. They do however, point out their shortcomings; that â€Å"SAT scores are only available for those students who elected to sit for the test† and that the data are only sampled of sophomores and Another study that furthered the argument that public schools are just as good as private ones were one put out by Sassenreth and her colleagues. In 1983 they used a study that was already in progress, SOMPA, to analyze the correlation between the two. Though the study was extremely brief, by comparing IQ’s of students already in the survey, they found that â€Å". . . the public schools are able to hold their own, despite having to enroll an student (good or bad) in their residential area and having to offer a wider range of courses†. With 49 public school students and 49 private school students matched by their IQ and with all outside variables taken into account, â€Å"private and public schooling has (on the average) about the same nfluence on academic achievement†. However they are also the only study reviewed which infer that the decision to select a private school might be for other reasons than achievement. Some of the more recent data no longer refers to the Coleman report, suggesting that it is either outdated or has been successfully discredited. In 1991 Gibbons and Bickel use three SAT data sets to compare public to private. Though SAT tests â€Å"were originally designed to measure aptitude rather than achievement† the authors feel that they are just as good a measuring tool as any. They again find that, once accounting or certain variables, â€Å"public high schools appear to perform better than private high schools, at least with Also in 1991 Rock and associates address the issue of trying to ascertain what promotes achievement. Though it does not specifically address the conflict of private versus public schools, it does seem to provide useful information concerning some of the variables addressed by previous researchers and why they were factored out. Before the following variables are accounted for, * Students from private independent schools perform considerably better on all test than students from Students in private independent schools are more likely than public or Catholic school students to be proficient at higher level math problem solving (private independent: 63 percent, public: 18 percent, Catholic: * Students from Catholic schools have higher mean scores I all tested areas (except higher-level math problem solving) then do public school students. Age, race and ethnicity, and socioeconomic status, also play a significant role in a students performance. Their data seems to suggest however, that the differences in achievement among public schools and rivate schools seem to stem from variables that are not school related. But what about the things that researchers cannot prove. Many parents, especially those whose children are or have been in private schools, would argue that achievement is only part of the big picture. Lynn Stevens, a public school teacher, has three daughters. Though they all began in public schools, two of them attended private high school. Mrs. Stevens feels that her children received a better academic background in a private school but, due to the variety and larger size of a public school, she feels that they might have suffered. She feels that they might have been â€Å"more involved in a larger variety of things† in a public school. Jennifer and Meredith Stevens, Mrs. Stevens’ older daughters, attended Marist, a high pressure, high achievement, private school. Therefore, because it is so competitive, Mrs. Stevens feels it inappropriate to call Marist an â€Å"average† private school,. However, upon discussion of the advantage of social diversity of a public school, Jennifer added that she â€Å"received a more positive influence at Marist† than she would have at Roswell. Jennifer also senses from her youngest sister, now attending public high chool, that there is almost pressure to not do well. Mrs. Stevens also feels that public schools, especially at the elementary level, cannot meet the demands of all the different ability levels present in the large classes. Private schools on the other hand, though not able to help each child as much as possible, can perform a much better job of this with their smaller class sizes. One argument against private schools is that they do not provide a â€Å"real world† type of atmosphere, and that this is a serious disadvantage when the child grows up. Mrs. Stevens feels that this does not necessarily matter. However, because of Amanda’s greater opportunity to achieve amongst her peers at public school, Mrs. Stevens would not put her youngest daughter in Marist. Another reason, though not addressed in the interview, for her sending her daughters to private school is due to the religious influence that it provides, which is unavailable in public schools. Basically, it depends on the student, and what will be best for him or her. It seems that for the average student, private schools do not provide better achievement than do public. But what does achievement have to do with the big picture? Will higher SAT and achievement scores roduce a happier, more well rounded, positive, and more self confident youth? Probably not. Every child is unique and has their own strengths and weaknesses. The same things hold true with schools. Some private schools are poor just as many public schools are good. The decision whether private schools are worth the money is another issue. Again, it depends on one’s own situation. Therefore, though achievement may be part of the decision making process, it should only be a small concern in a sea of other ones. It depends upon the child as to which concerns are large and which ones are small. How to cite Determining Achievements in the Choice of School, Papers

Determining Achievements in the Choice of School Free Essays

string(131) " for the proposition that society shift to the subsidization of private schools and away from the subsidization of public schools\." Every parent wants what is best for their child. Though parents do not have control over everything in their child’s development, education is one they do control. A person’s education is one of the most important factors in determining whether or not they will become a productive member of society. We will write a custom essay sample on Determining Achievements in the Choice of School or any similar topic only for you Order Now Because education is so important, what kind of education is best? Whether or not a public or private school is best may be an issue worth addressing. The debate over which is better is a battle that has gone on since private schools were first introduced as an alternative. It seems most people are of the opinion that private schools are superior; the issue is simply if it is worth the money. However, this may not be the case. Therefore, how does one gauge the superiority of a school? This very difficult question has no easy answers. The most common and maybe the only way that researchers can rate and measure the effectiveness of a school is by measuring achievement. The American Heritage Dictionary seems to define achievement as â€Å"something that has been accomplished successfully, especially by means of exertion, skill, practice, or perseverance. This efinition is not exactly what researchers are speaking of when they refer to achievement. Though they all seem to define it slightly different, achievement is refered to as an improvement in overall academic excellence that did not exist before or outside the classroom. Many researchers used achievement tests and SAT scores in longitudinal studies for this measure. These reports seem to suggest that public schools seem to perform at equal levels with private schools. But are SAT scores and achievement tests all that are important to a school and what it can provide for children? This question cannot be addressed with these The fact that I was raised in a private environment seems to suggest that I may not be better off than my private counterparts. Since a young age, I have attended private schools. From Kindergarten through all four years of high school, I have been in home schooling with my other brothers and sisters. I was raised on the idea that private schools are better than public ones. My parents and most of my peers still believe this. I might still think this also but with much less fervor. After high school, I then went on to Meramac, my first public school. It was here that I learned, in that large and diverse environment, and from talking to my friends now at public colleges, that maybe the average public and private system are not so different. I am not saying that high school and college are comparable, they are not. Maybe just the idea that private schools provide a superior education is false. I seem to be getting the same if not better education where I am now, at Meramac, than I would at some private college. I am afraid to ask how much my parents have spent on my education. Would I be I the same place today had I gone to public schools, only having a more However, one must keep in mind that the issue over weather private schools are superior to public ones cannot be calculated for just myself or any other individual. The facts and data stated here are averages, not necessarily the best and most accurate information for all children. Also, not all public schools are the same and not all private schools are the same. Again, the results here are supposed to be averages of each. Many schools are not even addressed. Public magnet schools, independent schools, and special education schools, are some examples. Another thing to bear in mind is that there are many more public schools than here are private ones, thus skewing the data some. With that I mind, I have found six journals written on, or pertaining to, the subject of achievement and whether private or public does a better job of promoting it. However, all of these researchers did not just pick a hundred public students and a hundred private ones, test them, and then see who scored higher. Many variables must be taken into account to make the two groups as equal as possible. This logical step included the factoring out of variables such as economic backgrounds, gender, age, race, IQ, and others. By liminating or lessening these characteristics and others like them, more equivalent groups can be made, with a smaller chance of non school influences affecting score results. Before the mid 1970’s, the issue of the better type of school had not been seriously addressed. This may be because most students enrolled in private schools were there primarily for religious reasons. This is why most private schools are Catholic. The Coleman report, released a before the 1980, began the battle that still continues to this day. Their conclusion stated that, after all the data was collected, and all the important ariables accounted for, private schools produce better achievement than their public counterparts. Shortly after this research became public, numerous studies have been documented as stating that their conclusion was false. Some of those studies shall be stated here. One of the first reports that confronted the Coleman report was released in 1981 by authors Goldberger and Cain. This study did nothing but address the validity of the report by Coleman, Hoffer, and Kilgore, which was a document that contained 233 pages + appendices. They found that â€Å"the method and nterpretations employed fall below the minimum standards of acceptability for social-scientific research†. Goldberger and Cain do not only disagree with the results that Coleman and his associates released but attack them with a fair amount of vemenance. Their research methods, or, their execution of the methods, are replete with flaws. The presentation of their style are one-sided — pro-private. It is as if they decided to write a brief for the proposition that society shift to the subsidization of private schools and away from the subsidization of public schools. You read "Determining Achievements in the Choice of School" in category "Papers" Goldberger and Cain therefore, are not saying anything referring to which type of school is better. They are simply stating that the results shown by the Coleman report are not accurate, and therefore, there is simply no evidence suggesting that private is better. However, in 1983, Alexander and Pallas not only discredited the Coleman report but also did a study of their own. Though a little more discrete in their judgments, they again find the Coleman results flawed. They also address the fact that because most private schools are catholic, it would be wrong to generalize the private school data set by including all private schools. Instead they address the issue as a public-Catholic one. Attempting to correct the errors in the Coleman report, they do a study of their own. Using the NLS and HSB studies, they find that there is not a substantial difference in the results and that private schools are not better. They do however, point out their shortcomings; that â€Å"SAT scores are only available for those students who elected to sit for the test† and that the data are only sampled of sophomores and Another study that furthered the argument that public schools are just as good as private ones were one put out by Sassenreth and her colleagues. In 1983 they used a study that was already in progress, SOMPA, to analyze the correlation between the two. Though the study was extremely brief, by comparing IQ’s of students already in the survey, they found that â€Å". . . the public schools are able to hold their own, despite having to enroll an student (good or bad) in their residential area and having to offer a wider range of courses†. With 49 public school students and 49 private school students matched by their IQ and with all outside variables taken into account, â€Å"private and public schooling has (on the average) about the same nfluence on academic achievement†. However they are also the only study reviewed which infer that the decision to select a private school might be for other reasons than achievement. Some of the more recent data no longer refers to the Coleman report, suggesting that it is either outdated or has been successfully discredited. In 1991 Gibbons and Bickel use three SAT data sets to compare public to private. Though SAT tests â€Å"were originally designed to measure aptitude rather than achievement† the authors feel that they are just as good a measuring tool as any. They again find that, once accounting or certain variables, â€Å"public high schools appear to perform better than private high schools, at least with Also in 1991 Rock and associates address the issue of trying to ascertain what promotes achievement. Though it does not specifically address the conflict of private versus public schools, it does seem to provide useful information concerning some of the variables addressed by previous researchers and why they were factored out. Before the following variables are accounted for, * Students from private independent schools perform considerably better on all test than students from Students in private independent schools are more likely than public or Catholic school students to be proficient at higher level math problem solving (private independent: 63 percent, public: 18 percent, Catholic: * Students from Catholic schools have higher mean scores I all tested areas (except higher-level math problem solving) then do public school students. Age, race and ethnicity, and socioeconomic status, also play a significant role in a students performance. Their data seems to suggest however, that the differences in achievement among public schools and rivate schools seem to stem from variables that are not school related. But what about the things that researchers cannot prove. Many parents, especially those whose children are or have been in private schools, would argue that achievement is only part of the big picture. Lynn Stevens, a public school teacher, has three daughters. Though they all began in public schools, two of them attended private high school. Mrs. Stevens feels that her children received a better academic background in a private school but, due to the variety and larger size of a public school, she feels that they might have suffered. She feels that they might have been â€Å"more involved in a larger variety of things† in a public school. Jennifer and Meredith Stevens, Mrs. Stevens’ older daughters, attended Marist, a high pressure, high achievement, private school. Therefore, because it is so competitive, Mrs. Stevens feels it inappropriate to call Marist an â€Å"average† private school,. However, upon discussion of the advantage of social diversity of a public school, Jennifer added that she â€Å"received a more positive influence at Marist† than she would have at Roswell. Jennifer also senses from her youngest sister, now attending public high chool, that there is almost pressure to not do well. Mrs. Stevens also feels that public schools, especially at the elementary level, cannot meet the demands of all the different ability levels present in the large classes. Private schools on the other hand, though not able to help each child as much as possible, can perform a much better job of this with their smaller class sizes. One argument against private schools is that they do not provide a â€Å"real world† type of atmosphere, and that this is a serious disadvantage when the child grows up. Mrs. Stevens feels that this does not necessarily matter. However, because of Amanda’s greater opportunity to achieve amongst her peers at public school, Mrs. Stevens would not put her youngest daughter in Marist. Another reason, though not addressed in the interview, for her sending her daughters to private school is due to the religious influence that it provides, which is unavailable in public schools. Basically, it depends on the student, and what will be best for him or her. It seems that for the average student, private schools do not provide better achievement than do public. But what does achievement have to do with the big picture? Will higher SAT and achievement scores roduce a happier, more well rounded, positive, and more self confident youth? Probably not. Every child is unique and has their own strengths and weaknesses. The same things hold true with schools. Some private schools are poor just as many public schools are good. The decision whether private schools are worth the money is another issue. Again, it depends on one’s own situation. Therefore, though achievement may be part of the decision making process, it should only be a small concern in a sea of other ones. It depends upon the child as to which concerns are large and which ones are small. How to cite Determining Achievements in the Choice of School, Papers

How To Start An Essay About Sir Isaac Newton Example For Students

How To Start An Essay About Sir Isaac Newton Sir Isaac Newton was an English mathematicianand physicist, considered one of the greatestscientists in history. He made importantcontributions to many fields of science. Hisdiscoveries and theories laid the foundation formuch of the progress in science. Newton was oneof the inventors of a mathematics called calculus. He also solved the mysteries of light and optics,formulated the three laws of motion, and derivedfrom them the law of universal gravitation. Newtonwas born on December 25, 1642, atWoolsthorpe, near Grantham in Lincolnshire. When he was three years old, he was put in careof his Grandmother. He then was sent to grammarschool in Grantham. Then later he attended TrinityCollege at the University of Cambridge. Newtonignored much of the established curriculum of theuniversity to pursue his own interests; mathematicsand natural philosophy. Proceeding entirely on hisown, he investigated the latest developments inmathematics and the new natural philosophy thattreated nature as a complicated machine. Almostimmediately, still under the age of 25, he madefundamental discoveries that were instrumental inhis career science. The Fluxional Method,Newtons first achievement was in mathematics. He generalized the methods that were being usedto draw tangents to curves and to calculate thearea swept by curves. He recognized that the twoprocedures were inverse operations. By joiningthem in what he called the fluxional method,Newton developed in 1666 a kind of mathematicsthat is known as calculus. Calculus was a new andpowerful method that carried modern mathematicsabove the level of Greek geometry. Optics wasanother area of Newtons early interests. In tryingto explain how colors occur, he arrived at the ideathat sunlight is a heterogeneous blend of differentcolors of which represents a different color. Andthat reflections, and refractions cause colors toappear by separating the blend into itscomponents. Newton demonstrated his theory ofcolors by passing a beam of sunlight through atype of prism, which split the beam into separatecolors. In August 1684 Newton was visited byEdmund Halley, the British astronomer andmathematician, who discussed with Newton theproblem of orbital mo tion. Newton had alsopursued the science of mechanics as anundergraduate, and at that time he had alreadyentertained basic notions about universalgravitation. As result of Halleys visit, Newtonreturned to these studies. During the next threeyears, Newton established the modern science ofdynamics by formulating his three laws of motion. Newton applied these laws to Keplers laws oforbital motion, and derived the law of universalgravitation. Newton is probably best known fordiscovering universal gravitation, which explainsthat all bodies in space and on earth are affectedby the force called gravity. He published thistheory in his book Philosophiae Naturalis PrincipiaMathematica or Principia as it was called, in 1687. This book marked a turning point in the history ofscience; it also ensured that its author could neverregain his privacy. The Principias appearance alsoinvolved Newton in an unpleasant episode with theEnglish philosopher and physicist, Robert Hooke. In 1687 Hooke claimed that Newton had stolenfrom him a central idea of the book: that bodiesattract each other with a force that varies inverselyas the square of their distance. However, mosthistorians do not accept Hookes charge ofplagiarism. The following four years were filledwith intense activity for Newton. With the successof the Principia, he tried to put all his earlierachievements into a final written form. In thesummer of 1693 Newton showed symptoms of asevere emotional disorder. Although he regainedhis health, his creative period had come to an end. .u9e3a38f77999f04b5ca2ade250b279b2 , .u9e3a38f77999f04b5ca2ade250b279b2 .postImageUrl , .u9e3a38f77999f04b5ca2ade250b279b2 .centered-text-area { min-height: 80px; position: relative; } .u9e3a38f77999f04b5ca2ade250b279b2 , .u9e3a38f77999f04b5ca2ade250b279b2:hover , .u9e3a38f77999f04b5ca2ade250b279b2:visited , .u9e3a38f77999f04b5ca2ade250b279b2:active { border:0!important; } .u9e3a38f77999f04b5ca2ade250b279b2 .clearfix:after { content: ""; display: table; clear: both; } .u9e3a38f77999f04b5ca2ade250b279b2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u9e3a38f77999f04b5ca2ade250b279b2:active , .u9e3a38f77999f04b5ca2ade250b279b2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u9e3a38f77999f04b5ca2ade250b279b2 .centered-text-area { width: 100%; position: relative ; } .u9e3a38f77999f04b5ca2ade250b279b2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u9e3a38f77999f04b5ca2ade250b279b2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u9e3a38f77999f04b5ca2ade250b279b2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u9e3a38f77999f04b5ca2ade250b279b2:hover .ctaButton { background-color: #34495E!important; } .u9e3a38f77999f04b5ca2ade250b279b2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u9e3a38f77999f04b5ca2ade250b279b2 .u9e3a38f77999f04b5ca2ade250b279b2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u9e3a38f77999f04b5ca2ade250b279b2:after { content: ""; display: block; clear: both; } READ: Drew Bropy EssaySir Isaac Newtons great discoveries left us with aunified system of laws, that could be applied to anenormous range of physical phenomena. Theseapplications let Newton predict precisely themotion of the stars, and the planets around thesun. Newtons book the Principia is stillrecognized as the greatest scientific book everwritten. And no, an apple never hit him on thehead. Science