,
Management Simulations, Inc. The Competition uses
the Capstone(R) and Foundation(R) Business Simulation
programs, the world's
best selling business simulations. The semi-final rounds begin April 11 and
end April
21. University administrators report they lose more
students to credit card debt than
to academic failure, and in 2001, more young
adults filed for bankruptcy than graduated from college
. Whether it is home ownership, marriage, parenthood,
or retirement planning, CPAs are trusted advisors
who can help clear life's
hurdles and race towards financial success. CREATE A BUDGET
Identify
expected income and expenses, including savings and use the
budget as a guide to help you live
within your income. Before you borrow, compare your total
payment obligations with income that
you will have available to make
these payments.
life college
Worldwide Competition to Determine the Best Business
Students
There, the top companies will make eight years of decisions over one weekend,
to
determine the winners. The final rounds begin April 22 and end April 24.com. College students have
an
average of three credit cards, with a total balance of over $8,000. For
example, if your goal
is to become a millionaire by the time you are 65,
you will need to start saving $500 a month
beginning at age 25. During its more
than 100 years of existence, the Society has advanced the highest
ethical and
financial standards of the profession, and has been a leader in educating the
public
on financial issues. + SACRAMENTO, Calif. While the state's public
universities have this agreement
in place, National University is one
of a few private universities in California engaged in a similar
transfer agreement.
Through the agreement, National University and the community
colleges are
taking steps to make higher education more accessible to
the diverse populations of California.edu
society people
announced the 10th Capstone and Foundation International Challenge, a
worldwide, Internet
-based contest for business students.
4. Credit bureaus maintain credit
reports which
record borrowers' histories of repaying loans. It is the only
professional organization that represents
CPAs in Illinois.5 million students currently
in the community college system in California. For
more information regarding National
University, please visit the website at www.people by
After eight simulated
years
(two real weeks), the companies with the best profits will go to the finals.
"Because
of the interactive dynamics of business decisions, simulations
have been proven the most effective
training tool available," said Dan Smith,
president of MSI and a professor at DePaul University,
Chicago.capsim.College Students Swimming in Debt
While staggering, the amount may not be
surprising since the typical
college freshman receives an average of eight credit card offers during
their
first week of school alone. This
event will take place from 11:00 am to 1:00 pm at the Norris
University
Center, Ground Floor on the Northwestern University Evanston campus.
CPAs can be
a student's personal financial trainer to help them become
financially fit and ready to tackle the
whole lifecycle of financial
milestones they will face. "Two out of three
Americans will probably
not realize one or more of their major life goals such
as home ownership, college savings or early
retirement because they have not
developed a solid financial plan.
2. DON'T BORROW WHAT
YOU CAN'T REPAY
Be a responsible borrower who repays as promised, showing you are worthy
of getting credit in the future.
Business Editors/Education Editors
LA JOLLA, Calif
.----National University and the California Community Colleges
Chancellor's Office today announced
their joint effort to increase
opportunities for students who begin coursework at a community college
to transfer to National University to complete a baccalaureate degree. This agreement
simplifies
the process for a student to transfer to National
University.5 million students during academic year
2003-2004.students society
As part of the "Financial Fitness Day," local Illinois CPA Society members
will
offer students a "pop quiz" to assess their current financial fitness
levels and offer free advice
on how to strengthen their financial muscle."
As with any exercise program, getting started is
the hardest part. The
Illinois CPA Society recommends these six exercises for college students, as
well as the general public, to become financially fit:
1. PAY YOURSELF FIRST
Before paying bills and other financial obligations, set aside an
affordable amount each month
in accounts designated for long-range goals
and unexpected emergencies. START SAVING YOUNG
Recognize that your total savings are determined both by the interest you
earn on those
savings and the time period over which you save.
About the Illinois CPA Society
The
Illinois CPA Society, founded in 1903, is the fourth largest state CPA
society in the nation, with
more than 22,000 members.
The agreement enables a smooth transition for students at any
of
California's 109 community colleges to National University. It also provides access to and information
about the
university to community college students, and to counseling and
teaching faculty not
familiar with National University's innovative
and relevant programs and services. "Based on National
University's success with community
college transfers, we are honored to make official our dedication
to
seeing a diverse population of community college students through
their upper division coursework
to graduation and degree conferral.edu
About National University
Headquartered in La Jolla
, California, National University is
California's second-largest independent nonprofit university
, with a
statewide enrollment of more than 17,000 full-time equivalent
students.people university
The Competition
includes teams from dozens of countries worldwide
including China, Russia, Dubai, Germany, Canada
, Taiwan, Tuvalu and the United
States.capsim.
Management Simulations is the leading virtual
business simulation program
provider worldwide and works with more than 500 universities including
Northwestern University and Vanderbilt, as well as countless leading
businesses such as Allstate
, General Electric, General Motors, TransUnion and
PricewaterhouseCoopers.com or by calling 877-477
-8787 in the United States or by
calling 1-847-501-2888 from overseas. Email: Rodger@capsim. The
Illinois CPA Society offers exercises to achieve financial fitness
CHICAGO, When today's
college students turn their
tassels at graduation, many will leave campus with more than just a diploma
--
they also will depart with $20,000 in combined student loans and credit card
debt. From paying
off credit
card debt and student loans to buying a car or getting a first job, students
are in
need of financial guidance," said Weiss. CPAs can help you train for the financial
marathon called
life.
National University will waive the $60 application fee for
transfer students to make entry
more affordable.
"With this agreement, we hope to become a preferred destination
for California
community college students who are serious about
completing their bachelor's degree with attention
to academic quality
and achievement of their educational goals," said Dr. The largest system of higher
education in the nation, the California Community Colleges system
provided educational, vocational
as well as transfer programs to more
than 2.society by
About Management Simulations, Inc.
"Debt is often a more serious problem than academics for college students.
"College students
are faced with an array of financial challenges and
decisions that can be overwhelming when faced
alone.
It is important to not charge more than you can comfortably afford to pay
each
month. Jerry C. National consists of 29
campuses in 11 major metropolitan areas throughout California
and
Nevada and offers 62 graduate and undergraduate degree programs and 17
teacher credential
programs.nu.society at
The Foundation
Challenge was first run in 2002 and includes winners from University
of
Massachusetts - Dartmouth and the University of New Orleans. Management Simulations was founded
in 1986 and more
information about the company is available from Rodger Mitchell at
http://www
.
USE CREDIT CARDS WISELY
Having a credit card for emergencies and to build a credit
history is a
good idea. "This gives students the power of
choice. National
University
will provide pre-transfer advising to students interested
in transferring and will provide all community
colleges with
information about preparation requirements for each of National
University's degree
programs. Additionally, to
encourage students who have transferred from a California community
college
to complete their bachelor's degree, National University will
waive the tuition for a transfer student
's final two classes. Lee,
chancellor of the National University System and president of National
University."
About the California Community Colleges
The California Community Colleges
Chancellor's Office provides
guidance for the 72 districts and 109 colleges that constitute the
California
Community Colleges system. A majority of
National's programs are available through a unique
one
-course-per-month format.
university at
Illinois Company Registers 283 Teams to Compete for Honor
NORTHFIELD, Ill. "We run the
twice-a-year Challenge, because the nature of friendly competition
drives
students to excel, and if we can help to generate better prepared business
students, they
will help drive successful businesses.
To help students effectively manage debt, save for the
future and become
all-around financially fit, the Illinois CPA Society is continuing its
"Financial
Fitness Day" initiative by visiting college campuses across the
state, including Northwestern University
on May 11.
3.
5.
6. If you
wait until you are 30 to start
saving, you will need to put away $700 a
month.National University and California Community
Colleges Sign Transfer Agreement; Agreement to Increase University Options for Students Throughout California
The main beneficiaries will be the 2.
"National University is a great addition to the transfer
opportunities for our students," said Mark Drummond, chancellor of the
California Community Colleges
. That includes 38 online degree programs
and more than 300 online courses, as well as one of higher
education's
largest collections of electronic books and journals.For personal homepages by students
at Northwestern University.
people at
Students will manage competing, simulated companies, making all the
decisions the management of real companies make."
The Capstone Challenge was first run in
2000 and has included winners from
University of North Carolina - Chapel Hill, University of California
- San
Diego and most recently the University of British Columbia. However, access to credit is often
an invitation to overspend. PROTECT YOUR CREDIT HISTORY
Your credit past is your credit future
. The sooner
you start saving, the more funds you'll be able to amass over time. And if you wait
until 35, you will need almost $1,000 a month to
reach your goal. Units that are
completed
as part of a transfer plan (the Intersegmental General
Education Transfer Curriculum or the California
State University's
General Education Breadth pattern) or associate's degree program for
which
students received a passing grade will be accepted. The flagship institution of the National University
System,
the University was founded in 1971 to make lifelong learning
opportunities accessible
, challenging and relevant to a diverse
population of nontraditional learners.society northwestern
A complete list
of
past winners is available at: http://www.com . According to Business Week, 95% of all college
students
have credit cards.
The concern students have about getting passing grades is increasingly
overshadowed
by their concern about avoiding bankruptcy," stated Elaine Weiss,
president and CEO of the Illinois
CPA Society.
"It's not how much money you make, it's how much you spend," stated Brian
Whitlock
, CPA, chairman of the Illinois CPA Society. Missed or
late credit card or student loan payments
can affect your ability to rent
an apartment, buy a house, buy a car, or get a job, so make
those
payments on time. Students
can transfer units earned toward an associate's degree or
lower
division general education credits to National University and receive
credit toward a bachelor
's degree. The agreement will make it easier for community college
students to transfer to National
University and will reduce the costs
for hundreds of students."
Students will be guaranteed admission
to National University if
they achieve a requisite grade point average (GPA). Students in rural areas
who are
interested in transferring to National University will be able to take
their upper division
courses online if a National University campus is
geographically inaccessible. Finally,
under
the agreement, National University will offer an array of
scholarships, including the new California
Community College
Scholarship, through which each California community college is able
to award
$1,600 to an outstanding transfer student. More
information about the System Office can be found
at its website at
www.cccco.people university
A community sponsored library.
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