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Just curious what your opinions are on this. Starting my MBA in Sept. Was just curious what my fellow monkeys thought about this question.
MS in finance one year program or the 2 year MBA?
MS in finance around 50K
Target School
Thanks for your thoughts!
Comments (19)
Are you including tuition costs only?
All-in, many MBA programs are more like $150k.
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the numbers are just tuition
For the MBA and a friend is going to do the MS in finance it's a non target but still an outstanding school.
Just looking at cost basis vs reward.
Want to be envolved in emerging markets in Asia.
- monkeymania
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The MBA is going to get you a lot further. Obviously it depends on your experience, but a lot of people use the MS in finance to break into the industry, where as an MBA is to advance yourself. Coming out of an MBA you are going to start at an associates level, where as for the MS, unless you have prior experience you are going to start at the analyst level in almost all cases.
I can also tell you that I have a friend who got his MS after graduation and then found it necessary 3 years later to go back and get his MBA. So while I think the MS in finance's are great programs, I would generally pick the MBA.
What do you guys think about doing a 2 year M&A analyst stint (with a v. good firm) and then hitting LSBF/INSEAD/Said Business School for a one year MBA?? No way I'm going USA for this 2-year malarkey.
of the three you mentioned, I would go for INSEAD. Oxford's a great university, but its business school is not in the first league. A bit like Yale actually.
If you want to work in the USA, you will have to go for a US MBA though. NY offices of banks or PE funds don't recruit from non-US b schools.
I appreciate it!
But LSBF ranked really highly this year didn't it? Top three I believe? And as regards to INSEAD, je ne parle pas Francais! :)
I'm pretty sure I could still swing a U.S. based job without attending a U.S. b-school.
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But LSBF ranked really highly this year didn't it? Top three I believe? And as regards to INSEAD, je ne parle pas Francais! :)
I'm pretty sure I could still swing a U.S. based job without attending a U.S. b-school.
Way to ask for advice and then completely disregard it.
way to post something completely pointless that doesn't further the discussion in any way
(I mean, at least I'm posting this to make it to 100 banana points)
I'm pretty sure the main instruction language at INSEAD is English, not French.
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the main language is in english but some courses are in french i think, not sure. about LSBF and SBS..take LSBF over Oxford. Oxford's great, but the business school's very young and although it's developing fast, it's probably still not in the same league
If I know an INSEAD alumnus who owes me a favour, would that in any way assist me if I applied there in future?
What is LSBF? I've never heard of it. Is it LBS - as in London Business School? Then again, I've only heard of three European B schools - Insead, LBS and Said. Said is there only because of the Oxford name.
LSBF = London School of Business and Finance [http://www.lsbf.org.uk/]
Basically it's what you said although what I just wrote is the official title.
Said is up and coming but I've heard good things about it, my mate does undergrad there and rates it highly.
What do you U.S. guys think of INSEAD?
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There appears to be a serious misunderstanding about what LSBF is. LSBF is in no way related to the much better regarded LBS.
LBS = London Business School. Arguably the top business school outside the United States. It is usually considered to be on par with the top 10 US business schools. MBA program ranked #1 in Europe and #2 worldwide by the Financial Times.
LSBF = London School of Business and Finance. Affiliated with the University of East London (a not-so-well-regarded university), the Grenoble Graduate School of Business (never heard of it), and Sun Yat-Sen University (no idea what this is). LSBF does not even appear in the top 100 rankings published by the FT, and I have never seen it even mentioned by the WSJ, Business Week, Forbes, the Economist, or any other major publication that writes about business schools.
To Joefish and several other people in this thread:
You appear to have confused two totally different institutions. LBS is a top-ranked business school. LSBF does not even appear on the 2008 European business school rankings, let alone the global business school rankings rankings (didn't break the top 100 globally, or the top 60 in Europe).
LBS: http://www.london.edu/
LSBF: http://www.lsbf.org.uk/
Hope this helps.
I hold my hands up, thanks for the correction! :)
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when fox news and so called christian media conduct unrelenting demonization of us, we get killed, raped, stoned, abused and used. i know god will judge them. the blood of their victims in on their hands and no amount of washing will ever take those stains away.
If staff are found to have been in any way complicit with bullying they must be sacked. A strong message needs to go out from the US Givernment that homophobic bullying is unacceptable and that they intend to eradicate it.
Sad to say, this particular case took place in my state. While California has a reputation for being socially liberal and progressive, parts of it (the Central Valley – where I live) are rigidly puritanical and "conservative."
The Bakersfield/Tehachapi area (where Seth lived) has been the site of multiple scandals involving closeted gay men in positions of power, so the likelihood that school officials will take any accountability or forward action without goberment intervention is virtually nil.
This is so sad.
The bible bashers that are pushing prop8 and their warped opinions can now see the fruits of their labour.
Their so-called standpoint is literally killing people.
How many instances of suicide amongst young gay people have to happen before all this stops?
Laws won't curtail it,although a marked change in the attitude of society – starting with the church – could begin to address the problem.
It seems to be the case that school districts and the states simply will not learn the lessons of tolerance unless it involves huge sums of money paid to the victims or their families. Such execises in futility! The day is soon coming when this will be a thing of the past or bullies will be sitting in prisons for a long time. Not sure I'd like that alternative. Blessings, Peace.
Dakotahgeo, M.Div. Pastor/Chaplain
The good news is that there are organizations that can help. Some, like PFLAG have been at work for years. Shining a bright light on this problem and all who are complicit will eventually turn the tide. To view a wonderful video featuring LeAnn Rimes & GMCLA;
What really stands out for me (aside from the obvious tragedy of the story) is how, despite being only 13, he had been bullied 'for years'. Before he even had a chance to find out for himself, he was branded and humiliated just because he had the slightest whiff of effeminacy about him.
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Conference explores state's approach to renewable energy projects
Madison — Renewable energy businesses that want to develop projects in Wisconsin are having success in other states, while looking for ways to develop more projects here.
DVO, a Chilton-based company that is the state's leading builder of waste-to-energy digesters, is actively pursuing projects in places like Serbia, Chile and Vietnam as well as Vermont and other states, said Melissa Van Ornum of DVO.
Wisconsin remains the nation's leader in development of digesters that covert dairy farm waste into energy, but other states are catching up fast, she said Friday at a renewable energy conference here.
Matt Neumann of Sunvest Solar in Pewaukee said his company has been actively installing solar projects around the country. Of more than 212 projects the company has in the pipeline this year, just one is in Wisconsin, he said.
Wisconsin needs to open the door to more solar through allowing third-party ownership of solar projects, which enables solar developers to own the panels and homeowners and businesses to lease the panels on their rooftops, he said.
Nationwide, 80% of new solar installations last year came in states such as New Jersey, California and Arizona that allow third-party ownership.
In Wisconsin, policy-makers have taken a go-slow approach to expanding renewable energy over concerns about the impact on prices paid by other utility customers.
Chris Schoenherr, deputy secretary of the state Department of Administration, said the Public Service Commission is looking into the issue, but agreed a go-slow approach is prudent.
Utilities have concerns about allowing too many solar projects, and the ripple effect on customers if large businesses and other customers begin to generate their own power.
By not pursuing renewable energy, the state is falling behind its neighbors, speakers at the conference said.
In Minnesota and Iowa, where utility costs are less expensive than Wisconsin, utilities are well on their way to hit 25% to 30% of their power from renewable sources.
In Minnesota, Xcel Energy is moving to build more wind farms in a bid to meet the renewable energy standard as well as reduce its overall emissions of the greenhouse gas carbon dioxide, said Mike Bull of the Center for Energy and Environment in Minneapolis.
In addition, the new wind farms are projected to reduce costs for customers over time because there is no fuel price that needs to be paid when the wind blows, Sullivan said.
As a result, Xcel's aggressive move to add wind power in 2013 represents an investment of more than $3.5 billion, said Michael Noble of Minnesota-based Fresh Energy.
"None of that was driven by mandates. None of that was driven by renewable energy standards, none of that was driven by state law," he said. "That was all driven by economics: it's cheaper."
Now that Wisconsin's utilities have largely met the state's 2015 renewable energy standard, it may soon be time to expand that, lawmakers at the conference said.
"We must always push the bar up a little higher to see how much we can do because this is a competitive world," said Sen. Dale Schultz (R-Richland Center).
The state should expand funding for renewable energy projects through the state Focus on Energy program — which has suspended funding for renewables twice in recent years, said Rep. Katrina Shankland (D-Stevens Point).
"The last couple years have been a real roller coaster for renewable energy producers," said Michael Vickerman, program and policy director for the Madison-based nonprofit group Renew Wisconsin.
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Is your motivation waning? Are you already feeling deprived because your favorite recipes are off limits? Making meals count is important. Meals should be satisfying, good tasting... Read more
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SBD Global/November 28, 2012/Finance
Borussia Dortmund Pays Out $4.8M In Dividends, First Time Since Flotation In '00
Published November 28, 2012
LAUGHTER...: The SID reported 2nd Bundesliga club Eintracht Braunschweig "released its financial numbers of the '11-12 fiscal year in which it generated a profit of €1.7M ($2.2M)." The club "was able to increase its equity to €2.1M ($2.7M) by June 30." Braunschweig released its financial numbers at its annual meeting on Monday evening. In addition, the club's revenue increased to €17M ($22M). Club Managing Dir Soeren Oliver Voigt said, "An on-field as well as economically successful year lies behind us, and we are very happy about the result. It confirms our philosophy and paves the way for the next several years" (SID, 11/26).
...AND TEARS: The DPA reported 2nd Bundesliga club Hertha BSC Berlin "released its financial numbers of the '11-12 fiscal year in which it lost €5.9M ($7.6M) before taxes." The club had expenditures of €79.8M ($103.3M) during the last season, including personnel costs of €32.4M ($42M), but generated only $72.5M ($93.9M) in revenue. During the '11-12 season in which the club was relegated to the 2nd Bundesliga, Hertha's "liabilities increased from €34.4M ($44.9M) to €42M ($54.4M)." The €42M in liabilities is the highest figure since '06 (DPA, 11/26).


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New England Music Awards
12:00-5:30pm Fri, Feb 21 - Sat, Feb 22, 2014
Venue: Lowell Memorial Auditorium
50 East Merrimack Street, Lowell, MA 01852
1 people saved this
Want a sneak peak at some future Grammy Award winners and rock n roll heroes? Then check out the 3th annual New England Music Awards, taking place at the Lowell Memorial Auditorium on February 21- 22, 2014. It's an amazing opportunity to see and hear some of the region's best independent musicians and bands, many of them destined for stardom. Comedian Steve Sweeney hosts this year's ceremony and live concert on Saturday, February 22. Admission is just $10. Plus, NEMA hosts a free Artists Conference Saturday from noon to 5:00 p.m., with workshops, live music, and panel discussions with talent scouts, marketing gurus and radio personalities. This year's NEMA coincides with the Lowell Winter Fest, a weekend celebration of outdoor and indoor activities in downtown Lowell, including the hilarious and popular human dogsled competition.
Wicked Free Summer Fun is Back!
Summer is here, and Massachusetts has over 600 FREE Events Statewide from June 21 – September 5, 2016 For...
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|Boxing Champions | Boxing Schedule | Boxing Video | Boxing History | Pound For Pound | Lounge | The Wire | Arcade
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lmao @ idiots comparing a man fighting a sensible fight against a man almost a foot taller and seven stone heavier than him to a man who dwarfs every one of his opponents in a similar fashion.
This isn't Hayes fighting style, but he did what he thought he needed to do to win this time.
If you could restrain your butthurt, look at some of his previous fights, it's blatant that Haye is overall much more exiting than Wlad.
On a boat, beeeeotch!
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Wlad is boring and is boring in almost every fight. Haye is usually exciting and only in this fight due to who he was fighting did he have to resort fighting a very dull fight. If Haye comes back with a few more boring fights then *****. Till then all you can say is he fought smart and move on.
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Maybe cause haye was fighting a giant freak. Still, it was more entertaining then Wlad's last fight.
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To be honest Haye was outweighed more then 100lbs. Wlad fights like a ***** against much smaller opposition then himself. You can make an arguement against Haye if the guy was smaller then him and he was running or holding. I didnt see Haye hold him at all the whole fight. Wlad constantly holds his opponents and even the smaller opponents because he's scared to get hit on his glass jaw. I was a big Wlad fan but I'm just speaking the truth.
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Wlad would KO Valuev in 4 Rds
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Last edited by Freedom.; 11-07-2009 at 07:05 PM.
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There is nothing wrong with fighting however you have to get a win. The thing is Haye criticized Wlad for fighting in a way that gives him the best chance of winning, and then fought a much more boring fight than Wlad-Ibragimov. Doing what you have to to win is acceptable, being a hypocrite is not.
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Pirates put on power display
June 5, 2016 PITTSBURGH — Matt Joyce took no special joy in helping beat his former team. more »»
Pirates making moves to help out bullpen
June 5, 2016 PITTSBURGH — The Pirates reshuffled their roster Saturday with the goal of getting some help for their worn-out bullpen. more »»
ChiSox acquire Shields
June 5, 2016 SAN DIEGO — The San Diego Padres traded pitcher James Shields and cash to the Chicago White Sox on Saturday, capping one of the more miserable weeks in the history of a franchise that just can't see... more »»
Liriano roughed up by Angels
June 4, 2016 PITTSBURGH — After losing for the fourth time in five starts, Francisco Liriano admitted the obvious. more »»
Three Pirates sit out
June 4, 2016 PITTSBURGH — On a normal day, Clint Hurdle posts the Pirates' lineup card at least four hours before the scheduled first pitch. Friday was not a normal day. more »»
Pirates sustain four injuries in extra-inning loss
June 3, 2016 MIAMI — Christian Yelich hit a walk-off double in the bottom of the 12th inning to lift the Miami Marlins to a 4-3 victory over the Pittsburgh Pirates on Thursday night to win the four-game series. more »»
Vogelsong has facial surgery
June 3, 2016 MIAMI — Pittsburgh Pirates right-hander Ryan Vogelsong has undergone surgery to repair multiple facial fractures suffered when he was hit by a pitch. more »»
Pirates' Niese solid in loss
June 2, 2016 By Christopher Stock The Associated Press MIAMI — Jonathon Niese kept the Pirates within striking distance against Adam Conley and the Miami Marlins before eventually coming up short. more »»
Fernandez wins duel
June 1, 2016 MIAMI — Gerrit Cole nearly matched Jose Fernandez in a game between two of the top pitchers in the National League. more »»
Locke stifles Marlins
May 31, 2016 MIAMI — Jeff Locke had a feeling early in the game he had a chance to do something special. Locke tossed a three-hitter and the Pittsburgh Pirates beat the Miami Marlins, 10-0, on Monday night. more »»
Darvish's return a big hit
May 29, 2016 The Associated Press ARLINGTON, Texas — Yu Darvish struck out seven in five strong innings in his first start in the majors in almost 22 months, and the Texas Rangers beat the Pittsburgh Pirates 5-2... more »»
Offense delivers for Niese
May 28, 2016 ARLINGTON, Texas — Jonathon Niese outpitched Cole Hamels with six strong innings, ending the Texas left-hander's career-best winning streak at 12 games in Pittsburgh's 9-1 interleague victory over... more »»
Big hit helps Harrison feel better
May 27, 2016 PITTSBURGH — Josh Harrison let an illness hold him out of the starting lineup, but didn't let it stop him from being a big part of a Pirates wi. more »»
LaRussa confronts Brown during game
May 27, 2016 PITTSBURGH — While the Pirates and Arizona Diamondbacks were exchanging hostilities over knockdown pitches on Tuesday night, another confrontation was taking place high above the field. more »»
Banister prepared for reunion with Bucs
May 27, 2016 ARLINGTON, Texas — Texas Rangers manager Jeff Banister will be facing his past when he looks across the field this weekend at something he has never seen in more than three decades in professional... more »»
Freese's HR lifts Bucs
May 26, 2016 PITTSBURGH — David Freese is adjusting to a part-time role nicely in his first season with the Pittsburgh Pirates. more »»
Caminero shipped to DL to work out control issues
May 26, 2016 PITTSBURGH — Struggling reliever Arquimedes Caminero will get some time to work out his control issues. more »»
Polanco powers Pirates
May 25, 2016 The Associated Press PITTSBURGH — Thrust into the third spot in the lineup behind superstar teammate Andrew McCutchen earlier this month, Gregory Polanco knew it might take a while to get settle. more »»
Doctors hopeful about Vogelsong
May 25, 2016 By John Mehno For the Mirror PITTSBURGH — One day after Ryan Vogelsong was smashed in the face by a 92-mile per hour pitch, the news on his condition was hopeful. more »»
Win over Rockies marred by beaning of Vogelsong
May 24, 2016 The Associated Press PITTSBURGH — With reliever Ryan Vogelsong making a spot start Monday in a game rescheduled from the day before, Pittsburgh Pirates manager Clint Hurdle knew that he was going... more »»


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Style Watch PollIs This Look a Hit or Miss?
Check out recent style triumphs and trip–ups by the stars – then rate the looks yourself! By Melissa Liebling-Goldberg
Credit: Gary Gershoff/WireImage
Updated: Friday Sep 28, 2007 | 11:55 PM EDT
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text:
List all words ending with peerless
Only the word peerless was found, nothing longer.
Some random words: rake jealous ear juba iwis eikon oecologies
This is not a dictionary, it's a word game wordfinder.
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World Bulletin / News Desk
Turkish Economy Minister Zafer Caglayan has predicted that his country's year-end GDP growth rate would stand at 4 percent.
"As we see in our Medium Term Program, we are confident that we will attain a growth rate of 4 percent," Caglayan told reporters in a press conference on economy's performance in the first half of 2012.
Caglayan said economy had grown 9.2 percent and 8.5 percent in 2010 and 2011, respectively, adding that the country had achieved an average of 8.1 percent growth rate for the 10th quarter in a row with a Q1 2012 growth figure of 3.2 percent.
"Turkey's current account deficit continued to drop for the 8th consecutive month. It was down by 30 percent from
TRY44.7 billion to TRY31.1 billion. And on monthly basis, the economy had seen the lowest current deficit figure in June in 10 months with TRY4.2 billion," he said.
The Turkish minister said the country's recent unemployment figure was to 8.2 percent, which he said was the lowest figure achieved so far, adding that the economy created nearly 2 million jobs in Q2.
Caglayan predicted that Turkey's exports had increased 13.4 percent in the first half of 2012 to reach $74.4 billion from $65.6 billion in the same period in 2012.
Caglayan said Turkey's exports to markets excluding the European Union had increased 33 percent as exports to the EU had dropped 6.8 percent.
Trade deficit continued to decrease for the 8th consecutive month from $54.2 billion in the first half of 2011 to $42.7 billion in the first half this year, he said, adding that the reduction owed to a hike of $8.9 billion in exports and a drop of $2.6 billion.
Caglayan said ratio of exports to imports rose to 63.5 percent in the first half of 2012 from 54.8 percent in the same period a year earlier.
The economy minister said in the first six months of 2012, foreign direct investments in Turkey was up by 20 percent to reach $8.2 billion from $6.8 billion in the first half of 2011.
Caglayan said FDI flow in Turkey had totalled $117.8 billion since 2003, adding that year-end figure for 2012 was estimated to stand around $20 billion.
A crackdown on those linked to Erdogan has seen the arrest of 28 people in a number of cities across the country
The Turkish military has bombed positions of PKK terrorist group in Iraq's Hakurk region and Turkey's southeastern provinces
Turkish president and the leader of Palestinian group talk about resolving disagreements between Palestinians
"European countries remain incapable of solving ongoing problems. That's why Turkey should be a member of the union," Turkey's EU minister says
PKK terrorists have attacked Turkish troops in southeastern Hakkari and Mardin provinces
The 16th Criminal Chamber of the Supreme Court of Appeals in Ankara has ruled that the proceedings against former President, Military Officer Kenan Evren and Tahsin Sahinkaya, a Turkish Air Force Commander, were to be dropped due to the defendants' death and that their defence, while alive, was invalid.
Pascale Moreau says UN 'appreciates' Ankara's work with refugees but calls for political solutions to the crisis
Turkey may ask the public whether it should continue its EU bid if accession talks do not move forward, says foreign minister.
Four suspects, including a mayor, in southeastern Turkey face life imprisonment for reportedly allowing PKK extremists use state-owned machines in attacks.
Turkish Foreign Ministry describes reports of phosphorus bombs and incendiary cluster munitions as 'extremely worrying'
PKK extremist have been killed following an exchange of fire with Turkish gendarme forces in Elazig province
Turkey is blocking plans by a senior German delegation to visit the Incirlik air base, German officials have said.
Turkish President Recep Tayyip Erdogan has said that the EU bid could be determined by a UK-style referendum vote
Zionist MP Ksenia Svetlova will visit Turkey to participate in a joint Israeli-Turkish think tank on Friday.
Rockets, believed to be fired by PKK terror group, target local police department; no casualties reported
Turkish leader reacts after European Commission president declares Erdogan responsible in case visa deal fails


text:
A dollar bill in the piled paper
Credit: Yuji Sakai
Creative #: 102556677
License type: Rights-managedRights-managed products are licensed with restrictions on usage, such as limitations on size, placement, duration of use and geographic distribution. You will be asked to submit information concerning your intended use of the product, which will determine the scope of usage rights granted.
Collection: The Image Bank
Max file size: 3,424 x 5,136 px (11.41 x 17.12 in) - 300 dpi - 7.97 MB
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A Dollar Bill In The Piled Paper Stock PhotoAmerican One Dollar Bill,Bribing,Bureaucracy,Color Image,Document,Ideas,Large Group of Objects,Legislation,Lobbying,No People,Paper,Paper Currency,Paperwork,Photography,Stack,Standing Out From The Crowd,Studio Shot,VerticalPhotographer Yuji SakaiCollection: The Image Bank Yuji Sakai image of paper&dollar


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Wednesday, we landed in Dakar, Senegal before sunrise, and remained on the plane for about an hour to refuel before leaving again for Jo'burg. While we were on the runway, darkness covered the landscape with the exception of lights at the airport.
As we left the sun began to rise on the African continent. At takeoff, the pilot followed the Senegalese coastline, giving us a clear view of the ocean and the beach. The mighty gray waves appeared to leap out of the sea before crashing in white foam on the coast.
As we rose, the sun rose. The black of night gave way to gleaming yellow sun. And a rainbow appeared, through which we seemed to fly.
It was beautiful. And that's an understatement.
I wish I could have shared it with my wife.
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1 hour ago


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Relevant offers
Ever fancied seeing your name in lights as you boarded a plane? A hologram to take you through your in-flight entertainment options? Or how about something simpler, like an easy place to rest your tablet?
Exhibitors at the Aircraft Interiors Expo in Hamburg demonstrated these ideas and more as they sought to win airline customers with new seats, lighting and entertainment systems.
This may all seem like window dressing - but the commercial aircraft cabin interior market is estimated at almost US$13 billion (NZ$14.95 billion) in annual sales in 2014 and expected to grow to over US$17 billion (NZ$19.55 billionn) in 2019, according to research by Markets and Markets.
Germany-based Diehl Aerosystems demonstrated a new cabin management system, whereby passengers could scan their boarding cards on a screen as they stepped onto the plane.
Lights would then come on in the panels of the aircraft with the passenger's seat number and name to help them to their seat, with the aim of speeding up boarding.
Diehl's other new technology on show at the fair included an on-board lavatory with sensors so you can raise and lower the lid and seat without touching them. "Hygiene is becoming an ever more important topic," its Chief Executive Rainer von Borstel said.
Thompson Aero Seating has a novel solution to the problem of fighting over armrests with your neighbour - staggered seats. And it says the design actually makes it possible to fit more seats into a cabin than usual. Finding that crucial first customer is proving tough, however.
"Because it's so different and radical, lots of people want to go second, but no one wants to be first," said Andy Morris, vice-president of sales and marketing at the Northern Ireland-based firm.
But much of the new technology at the April 8-10 fair was designed with the tablet-toting traveller in mind.
Representatives of aerospace supplier Honeywell cited data estimating there will be 10 billion mobile devices, such as those made by Apple and Samsung in the world by 2016, for a global population of about 7.3 billion.
"The newest trends are all about tablet holders and power," Recaro Aircraft Seating CEO Mark Hiller said.
US start-up Skycast, which provides airlines including Westjet with Samsung and Dell tablets to rent out to customers, was demonstrating a new tablet holder that can be easily fixed on to existing seats, holding anything from smartphones up to 10.3-inch tablets, including cases.
Established German seat manufacturer Recaro, which also makes child car seats, has also designed new tablet holders in its seats that are positioned higher up, meaning passengers can easily watch films and still use the table.
UK-based Acro Aircraft Seating meanwhile has designed a new tablet table aimed at low-cost carriers, such as customer Spirit Airlines. The table holds only a tablet and a drink.
The increasing use of tablet technology made In Flight Entertainment (IFE) a hot issue at the Hamburg fair this year, with the organisers having to put up a temporary building to accommodate a 10 per cent increase in the space requested by exhibitors active in this area.
UK-based aerospace and defense manufacturer BAE Systems is teaming up with Samsung to come up with an IFE system based around tablet devices. Replacing traditional seat-back entertainment systems with tablets on wide-bodied aircraft could save between 2,000 and 3,000 pounds (907 and 1360 kg) in weight, BAE's director of cabin programs, Jared Schoemaker, said.
BAE said the use of tablets could be taken further. Cabin crew could use a smartphone with fingerprint technology to alter lighting on board, dim windows or adjust the amount of power going to each seat. They could even use Samsung's wearable technology devices on their wrists to receive alerts such as passenger calls.
Panasonic also said it was looking at wearable devices that passengers could use as boarding cards and showed off a new HD screen and a three-dimensional hologram that may one day be used for in-flight entertainment systems.
Meanwhile, Thales - one of the world's largest makers of IFE systems - unveiled a new business-class seat that allows passengers to control their entertainment options using eye movement, hand gestures or a touchpad built into the seat.
- Reuters
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Accountants 'Ignoring Natural Capital Risks'
Nearly half of accountants identify natural capital – the stock of capital derived from natural resources such as biological diversity, ecosystems and the services they provide – as a material issue for their businesses, but the majority are reporting little or no information on the issue, according to research by the Association of Chartered Certified Accountants.
According to Is Natural Capital a Material Issue?, some 49 percent of survey respondents identified natural capital as a material issue for their business and linked it to operational, regulatory, reputational and financial risks. However, the report found that only a handful of companies in sectors with high environmental impact are reporting substantial detail on biodiversity and ecosystem services (BES), and the majority are reporting little or no information owing to the perceived immateriality of the issue.
However, in some cases, an item or issue relating to biodiversity and ecosystem services is measurable in financial terms and, therefore, included in the quantitative elements of the accounts, the report says. CFOs need to use their board position to educate other board members on the importance of BES within key management and strategic decisions, ACCA says.
The report was co-authored by the ACCA, KPMG and Fauna & Flora International and involved a survey of more than 200 accountancy professionals, interviews with CFOs and senior management from eight major companies, a disclosure survey of corporate reporting by 40 organizations in specific sectors, and desk-based research.
In 2009, the ACCA joined forces with a host of other global accounting institutions including the American Institute of Certified Public Accountants to call for universal accounting standards on financial information related to climate change. In association with The Prince of Wales Accounting for Sustainability Project, the groups sent an open letter to political leaders worldwide calling for such standards.
AICPA President and CEO Barry Melancon said that universal corporate accounting standards would reduce complexity and allow businesses and investors to make better decisions about reporting their climate change data.
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