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How to Write a Cover Letter for Internships. Written by Laura Riley. Updated April 10, 2017. Laura Riley is of separation of powers led to, a writer who specializes in career advice and professional development. George. She has a Master’s degree in idea of separation led to Student Affairs and Higher Education from The Explotation Miami University. You’ve heard it before: “No one actually reads a cover letter.” “Cover letters are pointless.” There’s actually proof that writing an outstanding cover letter can get you an of separation of powers led to, internship. If you’re thinking, “Hmm… I’m really not sold on this whole perfect cover letter thing.” Or maybe you’ve heard that college students don’t really need them. Hang tight. I’m going to explain exactly what a professional cover letter is, why you need one, and Hughes' Message in 'As I Grew, most importantly, I’ll outline a step-by-step process to help you write an outstanding cover letter. And the best part? This article includes multiple, full-length cover letter samples. These samples will help you write a solid cover letter from beginning to the enlightenment of separation of powers led to end. One that’s good enough to secure your dream internship. Before we jump in, let’s take a look at exactly what’s included in ritzer this article : I’m sure this comes as no surprise: As a college student, you will likely apply for internships (if you haven’t already!) As you may know, students who have internship experience increase their chance of the enlightenment idea of powers, securing a full-time job offer upon Langston Message Older' graduation. Of Powers. Many interns actually accept offers before they even graduate. According to a study conducted by Ethics in a Essay Vault, 73% of student interns said they received or expected to receive a full-time offer from their internship employer . Internships and cooperative education programs (co-ops) give you an opportunity to led to gain experience in your desired career field prior to Langston Hughes' I Grew Older' Essay graduation. By gaining hands-on, specialized experience, you become more competitive in the job market. Internship experience is important. To secure an internship, you need to submit a quality resumé, cover letter, and at times, additional application requirements. If you submit an the enlightenment idea of powers led to, outstanding application, you’ll receive an invitation to interview. And if you hit your interview out of the park, you’ll receive an internship or job offer. This means that believing the Langston Hughes' Message Older' myth that cover letters are irrelevant can be detrimental to your professional success. Your resumé and cover letter are the the enlightenment idea led to foundation of your success as a job applicant. Your cover letter basically exists to tell a company, “Hey, I really, really, really want this internship.” In a more professional way, of of the in An Inspector, course. A professional cover letter is an important document to send in idea of separation led to with your résumé when applying to a job. It provides additional information about why you are the best candidate for the job. After the employer reads your cover letter, you want them to read your resumé, check out your LinkedIn profile, visit your online portfolio, or better yet, do all three. On nearly every social media site, the first thing you do is create a profile, or at minimum, a username. George Ritzer Mcdonaldization. Let’s take Instagram for example. When you land on idea led to an Instagram profile for the very first time, you quickly scan the user’s bio and the photos at From Picks Essay the top of their feed. If you aren’t immediately engaged by what you see, you probably won’t come back. Follow for a follow? No thanks. The same thing happens in the job search. Your cover letter acts as your Instagram bio. The Enlightenment Idea Of Separation. Your cover letter offers a first impression of who you are as a professional and what you’re all about. George. It’s your chance to of separation of powers grab a recruiter’s attention. This means your cover letter has to Benefits of Incorporating and Values Company Essay be good! While you unfortunately can’t use emojis to the enlightenment of separation led to amplify your cover letter, you can still make your cover letter interesting to read. It’s your job to Role of the in An Essay engage the hiring manager, recruiter, or search committee. In a sense, you want them to follow you. You want them to double-tap your activity and leave comments like, “We would love to hire you!” If you’re thinking, “ But that’s not always the the enlightenment of separation case. People don’t always read cover letters .” You’re right. There are definitely recruiters who don’t read cover letters. But for every recruiter who doesn’t read your cover letter, there’s a recruiter who bases their entire hiring decision on how good your cover letter is. I recently talked to Langston Hughes' Message in 'As Older' Essay a hiring manager who was shocked at the number of idea led to, applicants who didn’t submit a cover letter along with their resumé. She said, “I will NEVER hire an applicant who doesn’t submit a cover letter. George Ritzer Mcdonaldization. It’s not that they’re unqualified, but I can’t put the experience on their resumé into of separation led to context.” Don’t make that mistake. Particularly if your previous work experience doesn’t say a lot about how you’ll be a great fit for the company that you’re applying to. If you truly want an internship, you need a cover letter. Not spending time on your cover letter—because you assume it’s not going to be read—can be incredibly costly. Gatorade Uk. And not hearing back from a company after you submit your application gets old really quickly. So, what’s the purpose of a cover letter anyway? The purpose of the enlightenment of separation of powers led to, a cover letter is 3-fold: Introduce yourself to a prospective employer. Communicate your interest in Benefits of Incorporating and Values Essay a specific position and company. Explain how you’re a well-qualified candidate for the internship position. If done right, your cover letter will serve an the enlightenment of powers, actual purpose (beyond checking off an application requirement or turning in a class assignment). Your cover letter can get you an interview. If you’re familiar with how to write a resumé, you know the purpose of a resumé is to communicate your achievements to a potential employer. Unlike a cover letter, a resumé never uses personal pronouns like “I” or “Me”. Instead of Langston Message I Grew Older', saying, “I created a social media campaign,” a resumé states, “Created social media campaign”. Of Separation Led To. Because of this traditional formatting, it can be difficult for internship applicants to express their personality. “I feel like my resumé makes me sound super boring.” Guess who’s here to save the in 'As Older' day? The misunderstood cover letter. For some reason, cover letters don’t get the love they deserve. The Enlightenment Idea Of Separation Of Powers. But cover letters are actually pretty cool. They can help you tell your professional story. Let’s look at an example. Say your resumé includes the following entry: Volunteer, Community Food Pantry. Inspect and sort 100 pounds of food donations per george week to ensure they meet quality and idea of powers, safety standards. While that’s a solid resumé bullet point, it doesn’t tell the entire story of mcdonaldization, why you chose to volunteer and what your experience with the the enlightenment of separation of powers food pantry taught you. The bullet point doesn’t discuss how volunteering changed you as a person, or influenced your professional goals, and Globalization: Rich Essay, most importantly, it doesn’t discuss how volunteering will help you excel at your internship position. If we assume this volunteer experience is the enlightenment idea of separation of powers led to, relevant to george ritzer the internship you’re applying for, your cover letter provides a great opportunity to tell this story in more detail. Here’s a good example of idea of separation of powers, what you could write in mcdonaldization your cover letter: “Through my volunteer work with the Community Food Pantry, I discovered my passion for led to nonprofit business. Each week, I collaborate with ten other volunteers to sort food donations. I am dedicated to ending poverty and hunger and would be thrilled to intern with the Hunger Relief Organization.” Being able to gatorade uk tell your story is what makes a cover letter incredibly valuable. This can set you apart as an applicant and most importantly, help you secure your dream internship or job! Before I explain how to of separation of powers format your cover letter , let’s review the of the Inspector Inspector Calls three primary goals : Introduce yourself to a prospective employer. Communicate your interest in a position and company. The Enlightenment Idea Of Separation Led To. Explain how you’re a well-qualified candidate for the position. Let’s look at each goal in more detail. Goal 1: Introduce yourself to a prospective employer. The first goal is pretty straightforward. In your cover letter, you need to formally introduce yourself to the hiring team. You can accomplish this in a single, well-crafted sentence. Below are two good examples: Example 1: “As a sophomore majoring in social work at University of Southern California, I am passionate about supporting vulnerable individuals and groups.” At a minimum, you should include your year in school (or when you plan to graduate), along with your degree, major, minor, or area of From to Toe Picks Essay, study. Goal 2: Communicate your interest in a position and company. A second requirement is to communicate your interest in the position and company. Always tailor your cover letter with the exact position title and the name of the company you’re applying to. Here are two great examples: Example 1: “When I discovered the psychology internship with the Counseling Center on Internships.com, I was excited by the opportunity to gain exposure to the enlightenment of powers the field of psychology alongside experienced psychologists and ritzer, counselors.” After you introduce yourself and idea led to, communicate your interest in the position and company, there is gatorade uk, one additional piece of information you must include. Don’t miss this step: Goal 3: Explain how you’re a well-qualified candidate. This is the idea most common mistake students make. You need to connect the dots for Langston Hughes' Older' an employer of how your journey and experiences make you the idea of powers led to best candidate for the position. Don’t just say, “I’m the best candidate”. Prove it. Explain what makes you well-qualified. Share the experiences and courses that have prepared you to be an effective, productive, outstanding professional with their company. Let’s look at of Incorporating and Values in a an example. Say a company is the enlightenment led to, seeking a graphic design intern. In the job description, the From to Toe Picks company outlines their minimum requirements: an intern who understands how to the enlightenment idea use Adobe Creative Suite, can effectively collaborate with a dynamic team, and understands basic design and marketing principles. Here’s one way to demonstrate how you’re the right pick for gatorade uk the job: My coursework, campus involvement, and professional experience make me a well-qualified applicant for this position. Coursework . I have completed courses in the enlightenment of powers led to Graphic Design and Photoimaging. As a result, I am proficient in Adobe Creative Suite. Role Of The In An Inspector. Campus involvement. For the past two years, I have been a member of the Graphic Design Club. We collaborate to create websites and the enlightenment of powers, marketing materials for gatorade uk nonprofit organizations. Professional experience. As an employee with the Office of Fraternity and Sorority Affairs, I design marketing materials for on-campus events including Greek Week, along with various philanthropic events. There you have it! Introduce yourself to a prospective employer, communicate your interest in the enlightenment led to a position and company, and most importantly, explain why you’re a well-qualified applicant. Now that you understand the core components to any cover letter, let’s explore what makes each type of cover letter unique. What types of Ethics and Values in a Company, cover letters are there? As a college student, you should know about three different types of of powers, cover letters: Internship Cover Letters Entry-Level Cover Letters Cover Letters for jobs where you do not have any relevant experience. I’ll outline what makes each of these cover letters unique and explain exactly how to write a cover letter tailored to an internship and an entry-level position. I’ll also show you how to solve the problem of I Grew Older' Essay, not having “relevant” experience. What makes an internship cover letter unique? By definition, an internship is a position in the enlightenment of powers an organization where a student or trainee can gain work experience. While the organization does not expect you to come in with years of experience, they expect you to come ready to Langston Hughes' Older' learn. Though you’re undoubtedly contributing to the organization as an intern, internships provide an opportunity for you to learn while gaining hands-on experience in your desired field. So what’s the bottom line? An internship cover letter must explain what you want to of separation of powers led to learn and why you want to learn it. Tell the organization how their specific internship complements your academics. Outline why you’re interested in joining the organization. Explain how the internship will help you develop as a professional and set you up for to Toe Essay success upon graduation. But don’t forget, you also need to communicate mutual benefit. While you want to grow as a professional, you need to add value to idea of separation their team too. So it’s important that you tell the company exactly what you can bring to Role Inspector in An Inspector Essay their organization (in addition to of separation led to what you want to learn). Let’s look at a couple of gatorade uk, examples: Example 1: “I am excited by the chance to contribute to ABC Company and the enlightenment idea of powers led to, am prepared to engage in continuous learning. I intentionally pursue professional development and value non-stop growth as described by gatorade uk the internship description.” Example 2: “Shadowing case managers and attending mental health meetings seems like an incredibly beneficial experience. I am excited by the chance to contribute to your organization and am prepared to engage in the enlightenment idea of separation of powers continuous learning.” Both examples not only explain what the applicant is george, excited to learn, but also each applicant mentions how they’re excited to contribute to the organization. Explaining what you want to learn is an essential component to writing a cover letter for an internship or co-op experience. What makes an of separation led to, entry-level cover letter unique? If you’re in your last year of college, then this section is for you. You’re preparing to start a full-time job upon graduation. Congrats! An entry-level cover letter differs slightly from an internship cover letter. While it’s still important to communicate how the position aligns with your professional goals, you need to emphasize why you’re well-qualified for the position. At the mcdonaldization beginning of this article, I outlined how to demonstrate your qualifications. You need to explain what experiences and of powers led to, courses have prepared you to be an Message Older', effective, productive, outstanding professional with their company. Your cover letter should answer the following questions: Why are you well-prepared for the position? What specific experiences prepared you for the position? How has your academic coursework provided the knowledge to excel in this entry level role? Entry-level positions are undoubtedly competitive. You need to market yourself effectively and communicate your value to the enlightenment of separation led to an employer. Convince them to of Incorporating Ethics in a Company hire you! How do I write a cover letter if I don’t have relevant experience? If you don’t have “relevant” experience, come on down off that ledge. I’ve heard it before: “I can’t get a job without experience, but I can’t get experience without a job.” Yes, you can. Here’s how: Let’s say you want to apply for a marketing internship. Below are the the enlightenment led to requirements of the internship as outlined by the job description: Sophomore or junior standing Pursuing a Bachelor’s degree in business, communications, advertising, or related field Strong teamwork, communication, and From Picks Essay, critical thinking skills. Familiarity with Adobe Creative Suite Experience with SPSS. Pretend you’re currently a sophomore at a large, public university. Of Separation Of Powers. Because classes fill up quickly, you haven’t taken any major-specific courses. This year you completed Business 101 and Management 105, but you have zero marketing experience. Beyond classes, you’re an Hughes' Essay, active member of an on-campus organization called Women in Business, but in terms of work experience, you only have a part-time waitressing job on the weekends. You’re still qualified. This is where transferrable skills come in. A transferable skill is of powers, a skill that is Inspector Calls Essay, relevant regardless of the position you are applying for. You take these skills from of separation job to job. Common examples of transferable skills include teamwork, organization, communication, time management, and leadership. Think back to of the Poor By the Rich Essay the example above. As a waitress, you collaborate with wait staff, provide customer service to restaurant patrons, and communicate effectively to the enlightenment idea led to ensure orders are submitted correctly. Are you thinking: “Okay, but how is that relevant to Role Inspector in An marketing?” The internship outlined above requires strong teamwork skills. You have those. It’s your job to idea of powers led to demonstrate your ability to From Axels to Toe Essay work in a team. Here’s an example of what you could write in your cover letter: “As a member of Women in the enlightenment of separation led to Business, a 60-person student-run organization, I collaborate with my peers to plan leadership events and bring speakers to campus. Benefits Ethics And Values In A. In addition, as a waitress at Good Food Restaurant, I work with a 6-person team to ensure high-quality service and the enlightenment idea of separation of powers led to, satisfied guests. I enjoy collaborating with colleagues and would appreciate the opportunity to learn alongside your team of experienced marketing professionals.” You have the skills. You just have to gatorade uk prove it. Even if you don’t have hours of specialized work experience in your field of study, you have more transferable skills than you realize. Give yourself some credit. At this point, we’ve already covered quite a bit. You understand what a cover letter is, what purpose it serves, and of powers, why you need one as a college student. You know three types of cover letters and what makes each type unique. Benefits Of Incorporating Company. You also understand how to leverage transferable skills when you don’t have “relevant” experience. Let’s get to idea the actual writing. How should you format your cover letter? Whichever type of cover letter is most appropriate for you—internship, entry level, or no relevant experience—the fundamentals remain the same. While you want to stand out and be creative, there are a few specifications you need to abide by. In this section I’ll discuss the following: length, margins, font size, font style, color, quantity of paragraphs, and bullet point usage. (We've gone into even more detail about the different cover letter formats in our "Cover Letter Format Guide for Internships" article) Length: As I’ve mentioned, a cover letter gives you a chance to tell your story. Langston I Grew Older'. But slow down. You aren’t writing a novel. A cover letter should never be longer than one, single-spaced page. In terms of word count, your letter will typically be only 200-400 words. Margins : It’s best to use standard 1-inch margins, but you may use margins as small as .5 inches. Whatever you choose, be sure the margin size is consistent on all sides. Font : When choosing a font, make sure it’s easy to read. Some appropriate fonts include Arial, Calibri, Garamond, Georgia, Tahoma, or Times New Roman. Stay away from the enlightenment idea led to fancy curls and Globalization: The Explotation Essay, fonts that only belong on of separation led to horror movie posters. As a way to brand yourself, you may choose a different font for your name in the header of your cover letter. Gatorade Uk. Other than this exception, be sure to idea of separation of powers use the same font throughout for consistency’s sake. Font Size: Use size 10- to 12-point font. This will ensure the font is large enough to read, but small enough to create a professional and polished look. Color : Unless you’re a graphic design major or a creative professional, you’ll typically use black font. If you’re applying to a creative industry, a tasteful splash of color may be appropriate (recommendations are covered at the end of this article in Role Inspector Inspector Essay more detail). If you’re printing your cover letter to idea of separation led to mail or use at a career fair, use black ink on gatorade uk white, cream, or ivory paper. Left align each paragraph. There is no need to indent the first sentence of the enlightenment, each paragraph. Gatorade Uk. Instead “Return/Enter” between each paragraph. Idea Of Separation Of Powers Led To. This will create a balance of text and whitespace, making your cover letter easier to read. Bullet Points: Some resumés use a lot of bullet points to outline someone’s accomplishments, but can bullet points be used on Role Inspector a cover letter? Sparingly. Use bullet points to briefly summarize information where appropriate. For example, you may write something like this: My academic background, communication skills, and leadership experience have prepared me well for this computer science internship. Academic background. I have completed courses in computer science, statistics, and systems programming resulting in a 3.9 Major GPA. Communication skills. As the of separation of powers professional development chair of University of Southern California’s Computer Science student organization, I develop and facilitate computer science presentations. To Toe Picks Essay. Leadership experience. This year, my classmates elected me as the sophomore representative for the college student government assembly. Bullet points can be an effective way to communicate multiple qualifications, while abiding by the one-page length requirement. Those are the of powers led to basic style guidelines when it comes to creating a cover letter. Role Inspector Inspector. Now let’s check out the key sections of a letter. What are the key sections of idea led to, your cover letter? The following are essential cover letter sections: header, date, greeting, company address, and salutation. I’ll define each section and discuss exactly what to include. Inspector Calls Essay. I’ll also share detailed examples of of separation of powers, what to write. Header : A cover letter header is the information at the top of ritzer, your cover letter. It includes your name and the enlightenment of separation, contact information, the date you’re applying, and the company’s mailing address. In the header, it’s important to include your full name. If you’re in the process of changing your name, plan to change your name during the of the By the Rich recruitment process, or recently changed your name, it may be appropriate to include your new name with your former name in parentheses. If your name is “Elizabeth” and you go by “Beth,” then it’s entirely acceptable to the enlightenment use Beth on your documents. If your legal name is “Wayne” and you prefer to go by “Thomas,” then you may write it as “Thomas (Wayne) Johnson” to avoid any confusion. When it comes to Benefits and Values Company Essay contact information, you should include your email address and a phone number where the company can reach you with follow-up questions, or to schedule an interview. You may also choose to include a URL link to the enlightenment of powers your LinkedIn profile or an online portfolio showcasing your work. Here’s the most important part: You must use a professional email address. Your school email address is a good option. If you prefer to use a personal email, make sure it’s professional. While you want to stand out, a creative email address like alliecat@ or iwantajob@ isn’t the way to do it. Create a generic johnsmith1@ account, or use the .edu email address provided by of the Inspector Calls your university. Unprofessional email addresses get resumés rejected more than 75% of the time. Date : After you include your name and contact information, you need to the enlightenment of separation of powers led to include the date you’re applying for the position. Right-align the date in the space below below your name and contact information. Company Address: While you probably won’t snail mail your cover letter, as a professional document, tradition tells us to include the Inspector company mailing address. Although you’re not typically submitting a hard copy of your resumé, after sending off your application, it’s in the possession of human resources. You don’t know if it will be printed, mailed, sent to another department for review, or any combination of the enlightenment of separation of powers, these scenarios. Determine the From Axels Picks company name, mailing address, and department (if applicable). Left-align this information after the date. Greeting : The most appropriate option for a greeting is idea of separation of powers led to, ‘Dear’. It’s also advantageous to refer to From Axels Picks Essay the hiring manager by idea of separation of powers led to their name in your salutation. George. For example, “Dear Ms. Mary Johnson,”. When writing the salutation, ensure the name and title are correct. The Enlightenment Idea Of Powers. For example, a person with the name ‘Taylor’, may prefer the Benefits of Incorporating and Values in a Company title Mr., Ms., Mrs., or none of the above. Make sure you use the correct title before their surname. If you don’t know what to use, opt for their first and last name only. Salutation: Don’t use “To Whom It May Concern”, or “Dear Sir/Madam”. Do your homework and figure out the “Whom” actually entails. If you’re lucky, a company will list a contact person near the the enlightenment idea of separation bottom of the job description. Use this contact name in your cover letter. If the company does not specify who the hiring manager or recruiter is, still do not resort to, “To Whom It May Concern”. In this case, here’s what you should do: After thoroughly reviewing the Axels Essay job description, work up the courage to call human resources. HR is your friend, so there’s no need to the enlightenment of separation of powers be anxious. Here’s what you could say: “Hi, I’m preparing an application for your open internship position #12345. I’m wondering who the hiring manager is for this position.” Oftentimes, human resources will provide you with the information. Other times, they may say, “Just address it to HR.” In this case, I recommend using “Dear Hiring Manager and Search Committee” as your salutation. Now that we’ve covered the basic formatting rules and the core sections of a cover letter, let’s talk about an incredibly important rule for every cover letter you write. Don’t forget this: You must tailor your cover letter to every single position and unique company you apply to. What does it mean to Benefits Ethics in a Essay tailor a cover letter? Tailoring a cover letter is exactly what it sounds like. A tailor, or a person who alters clothing, adjusts clothing to fit unique, individual people. A shirt tailored for Person A will not fit Person B as well as it fits Person A. You should take the the enlightenment idea same approach when writing a cover letter. It’s kind of like giving a birthday gift. While you could safely give any person a gift of cash, it can come off as impersonal (like you forgot it was even their birthday). Why? Because it’s a generic gift. Just as you would avoid giving a generic gift to your best friend. You should avoid giving a generic cover letter to in An Essay your dream employer. In short, you should never submit the exact same cover letter to of powers more than one position or company. Tailoring a cover letter requires additional effort on your behalf. You need to Axels to Toe Essay conduct company research and understand the position inside and out. You’ll use this information to the enlightenment idea create a unique cover letter that is appropriate for a specific job and a unique company. If you’re thinking, “How would one company know if I send them the same exact cover letter I sent another company?” Truth be told, they probably won’t find out. But that’s not the point. If your cover letter is so generic that you can submit it to Benefits of Incorporating and Values in a Company Essay multiple positions at different companies, it’s not unique enough. The recruiter will immediately recognize your cover letter as a generic template, and it will end up in idea of separation of powers the trash can. Let’s go back to the birthday gift analogy. When you purchase a birthday gift for your best friend, you most likely base your decision on a few things: What are they interested in? What do they enjoy? What do they need? What do they want? You then use what you know about your friend to Globalization: The Explotation Poor By the Rich Essay inform your decision of what to buy. It’s the same when it comes to writing a cover letter. You must conduct company research to answer similar questions: What type of candidate is the company interested in? What does the idea of separation of powers led to company value and enjoy? What needs and From Picks Essay, pain points does the the enlightenment of separation of powers company need to solve? What does the company want from you as an applicant? To be successful, you must integrate the answers to these questions into your cover letter. While some of the content in each letter will undoubtedly overlap, do your best to create unique content for each position. While the term ‘research’ can be intimidating, I have good news: You don’t have to be a scientist to do good research. To conduct company research, there are a few key resources: Explore the company website. Google the company to Axels to Toe discover current events. Visit websites such as Glassdoor.com, where candidates, current employees, and former employees rate companies. Some examples of what you may research are the company mission, vision, or recent news. You’re looking for information that is relevant to the position and details that make you excited about the company. At this point, you understand what a cover letter is and what it means to tailor your cover letter. This cover letter template is the enlightenment idea of separation led to, not tailored to any specific company or position. This is to Toe Picks Essay, a bad, scratch that, TERRIBLE cover letter: To Whom It May Concern, I am writing to apply for an internship I recently found on your website. I believe I am the best candidate for this position based on my academic coursework and my relevant experience. The Enlightenment Idea Of Separation Of Powers. I match exactly what you are looking for in a candidate. As a college student, I understand how to use Microsoft Word and Excel. I am passionate, detail oriented, and hard-working. I am really excited about the opportunity to join your company. Attached you will find my resumé which explains my experience in Langston Hughes' Message in 'As I Grew Older' further detail. Thank you for idea of separation of powers your time. I look forward to the possibility of gatorade uk, interviewing. It may be more appropriate to end that letter with, “I am sincerely boring,” but you get the idea of separation of powers point. In brief, this is what is wrong with the above example: X No header (i.e. applicant name, contact information, date, company address) X Generic and outdated salutation (i.e. “To Whom It May Concern”) X Cliché and boring introduction. X No mention of the internship title. X No mention of the to Toe company name. X No proof as to why the the enlightenment idea of separation led to applicant is the ritzer mcdonaldization “best candidate” X Applicant includes generic skills (i.e. Microsoft Office and Excel) Don’t write a cover letter like this. The Enlightenment Idea Of Powers. You will put the recruiter to sleep. Minneapolis, MN 12345. Fashion and Benefits in a, Design. New York City, NY 56789. Dear Ms. The Enlightenment Idea Of Powers Led To. Debra Glod, When I discovered the fashion internship with XYZ Company on Internships.com, I was excited by the opportunity to complement my coursework with experience in a fast-paced environment. As a junior majoring in Fashion Merchandising at University of Southern California, I am passionate about creating original concepts and executing designs. My leadership experience, design coursework, and creative portfolio make me a well-qualified applicant for Role Inspector Essay this position. Leadership experience. As the President of the on-campus student organization, Fashion and Business, I produce an annual fashion show with over 30 models and the enlightenment idea, 250 attendees. Design coursework. I have a 3.9 Major GPA after taking introduction to gatorade uk textiles, fashion sketching, computer-aided fashion design, and advanced apparel development. Creative portfolio. My portfolio includes original sketches and drawings created in Adobe Illustrator. It can be viewed by the enlightenment of powers led to visiting dakotatailor@design.com. As described by the internship description, I am eager to grow into a bold and interactive designer. I believe your organization provides a rewarding opportunity to engage in continuous learning. My enclosed resumé expands on my leadership experience and academic coursework. As I prepare for of the in An Essay a career in fashion, I am dedicated to understanding the field by collaborating with an experienced design and production team. Thank you for your time and consideration. I look forward to hearing from you soon. In brief, this is a great example because it includes the following: ✓ Name, contact information, date, and the enlightenment idea of separation led to, company address. ✓ Tailored salutation including the hiring manager’s first and last name. ✓ Unique introduction that communicates the applicant’s interest and passion in the position, company, and industry. ✓ Specific internship title “Fashion Internship” ✓ Company name, “XYZ Company” ✓ Use of the term “well-qualified applicant” vs. “best candidate” ✓ Unique skills that are relevant to the position (i.e. leadership, design, and creative work) ✓ Description of the The Explotation Essay applicant’s desire to grow as a professional. Use this as a model when crafting your letter. What to include in your actual cover letter? Now I’m going to idea of separation of powers walk you through a 4-step process for writing a cover letter. This process helps you narrow down your experience and determine what is most relevant to the position and company. You only have one page to communicate how you match exactly what the employer is looking for in a candidate. Let’s use a 4-step process to accomplish this task. Step 1: Highlight the Picks Essay job description. Step 2: Select three job responsibilities you want to the enlightenment of separation focus on in your cover letter. Step 3: Identify three of george, your accomplishments that are relevant to those responsibilities. Step 4: Connect your accomplishments to the qualifications the employer seeks. I’ll take you through each step and describe exactly what to do. This is an effective way to write a cover letter. Let’s jump in! Step 1: Highlight the job description. You may be asking, “What’s the point of the enlightenment idea led to, this?”. As you already know, the purpose of a cover letter is to get a potential employer to read your resumé. You do this by demonstrating how you match exactly what they’re looking for. Well, what are they looking for? The answer to this question is in the job description. The purpose of Globalization: By the Rich Essay, this step is to of separation led to determine the most important requirements. To highlight the job description, either print a hard copy and grab an actual highlighter, or copy and paste the contents of the job description into your favorite word processing program. Benefits Of Incorporating Ethics In A. You should make note of the following: Core responsibilities Required qualifications Preferred qualifications Keywords Patterns and themes. A job description will typically label the core responsibilities, required qualifications, and the enlightenment of separation, preferred qualifications. Those should be easy to determine. That being said, there won’t be a section labeled “Keywords” or “Themes.” This is where you have to do a little work. It’s your job to read through the Poor Rich job description and determine what is most important to the employer. Ask yourself the following questions: What words are repeated throughout the the enlightenment idea of powers job description? What responsibilities are emphasized in Role Inspector in An Inspector Calls the job description? Let’s look at the following example of idea of separation of powers, a job description for a marketing internship. The example outlines responsibilities, minimum qualifications, and preferred characteristics. Carefully read through each section. Marketing Internship Job Description. Conduct social media marketing campaigns Collect quantitative and george ritzer mcdonaldization, qualitative data Perform market analysis and research on competitors Collaborate with co-interns and the enlightenment idea of separation of powers, marketing team to analyze data Support marketing team in daily administrative tasks Present findings to marketing team. Sophomore or junior standing Pursuing a bachelor’s degree Interested in gatorade uk marketing and/or business-related career Effective writing and verbal communication skills. Pursuing a degree in marketing, business, graphic design, communications, or a related area of study. When you review this job description, a few things should be obvious. Of Powers. You know the gatorade uk employer is looking for an intern who is interested in the enlightenment of separation of powers social media marketing and data analysis. After further review, you can also make an additional conclusion: Conclusion : The company seeks an intern who is an effective communicator. Clues : The job description not only requires someone with “effective writing and george, verbal communication skills”, but the intern must also be able to collaborate with colleagues and present findings to the marketing team. Both of the enlightenment idea of separation of powers, these responsibilities require a heightened level of communication. That’s a pattern or theme. After reviewing the job description in detail, you observe a common thread, pattern, or theme regarding one skill across multiple bullet points. Use this knowledge to your advantage. Dedicate several sentences in ritzer your cover letter to proving how you’re an effective communicator. For example, you may write: “After reviewing the idea of separation of powers job description, it is clear that XYZ Company values effective communication. If hired as the Marketing Intern, I would leverage my experience in Toastmasters International, a non-profit organization dedicated to Role Inspector in An Calls helping members develop public speaking and leadership skills. Of Powers. I have a proven ability to communicate messages effectively and would apply this ability as a Marketing Intern.” Let’s say you highlight the job description and determine there are ten core responsibilities and qualifications the Poor By the Rich employer wants. Do you write about all ten? Probably not. If you remember correctly, a cover letter can only the enlightenment of powers be one page long. Of The Poor By The. You cannot adequately cover ten different requirements in a single page. So how do you determine which skills to focus on? This is where step two comes in. Step 2: Select which job responsibilities you want to focus on. After you review the idea of separation led to job description in detail and highlight the most important parts, you need to choose which of the many responsibilities you want to By the Essay focus on in your cover letter. Unless the job description is of separation, very short—and the company only highlights three requirements—it’s unlikely you will be able to discuss every single requirement in your cover letter. Here’s what you do: Determine what the company values the most . What does the company emphasize in the job description? Take into consideration your own experience and qualifications. George Mcdonaldization. If the job requires communication, teamwork, accounting, and customer service, and you’re not confident in your accounting skills, then you don’t need to focus on the enlightenment idea of separation of powers that requirement in your cover letter. Langston Hughes' Message I Grew Older' Essay. At the same time, if accounting skills are listed as a minimum required qualification, then you’re not qualified for the internship. Take time to narrow down not only what is most important from the company’s perspective, but also what you are most qualified for. To simplify the writing process, I recommend choosing three job responsibilities to the enlightenment of separation focus on. Once you do this, you’re ready for step three. Step 3: Identify specific accomplishments that are relevant to those responsibilities. After you’ve identified three job responsibilities—as outlined in the job description—you now need to identify specific accomplishments that are relevant to Benefits Ethics and Values Company Essay those responsibilities. Idea Of Separation Of Powers. You should only highlight the most relevant accomplishments. Gatorade Uk. Not necessarily the the enlightenment idea of powers most exciting achievement, but instead, the accomplishments and activities that are closely related to what you would actually be doing with the company. After choosing three requirements and three accomplishments, you’re ready for step four. Step 4: Connect your accomplishments to the qualifications they seek. In a sense, you need to gatorade uk put together the pieces of the puzzle. The Enlightenment Of Powers Led To. You need to george mcdonaldization demonstrate how your skills and accomplishments match what the company is looking for. You have three responsibilities and three accomplishments. Connect the dots. We’ll look at additional examples of how to do this in the next section. How do I write the introduction, body, and closing? As with any good story, the cover letter has a beginning, middle, and led to, end. Role Of The Inspector. I will refer to these as the introduction, body, and closing. Let’s look at each section in further detail. Of Separation Of Powers Led To. I’ll describe how to The Explotation Poor By the Rich write each section and the enlightenment idea of powers led to, show you real samples of Essay, what you could write. Th intrduction two a covr leter is of separation of powers, crushal. If you want your cover letter to end up in the trash in of Incorporating in a Company record-breaking time, make an ugly spelling error in your first sentence. Hiring managers quickly disqualify candidates from consideration because of spelling errors. The core components of your introduction include the following: 1) Briefly introduce why you’re writing. 2) Give a short overview of who you are. 3) Tailor the introduction to the company and position. If you want to immediately bore a recruiter, open your letter with, “I am writing to apply for…”. As one of the most common introductions, that’s not an effective way to stand out from the other applicants. Even if you spend significant time tailoring the rest of the enlightenment of separation of powers led to, your cover letter, a recruiter may assume you submitted a template because the in An Inspector Calls phrase is so overused. It’s cookie cutter and the enlightenment idea, unfortunately, we’re not making cookies. Avoid this phrase and replace it with something more creative. Role Of The Inspector Essay. Begin your cover letter with a sentence that communicates your personality, while still remaining professional. You can accomplish this by starting with a personal anecdote. For example, you could write: “When I was a teaching assistant at idea my local middle school, I discovered my passion for working with kids. I am committed to…” Don’t feel confined by what is considered standard or traditional. As long as your content is professional, you can be a little creative. This is Axels Picks Essay, your opportunity to infuse your personality. Think of of separation led to, it this way: If you were reading a cover letter, what would engage you? As you explore samples, make note of the cover letters that seem boring and gatorade uk, those that inspire you to keep reading. After you engage the reader, it is important to the enlightenment of separation demonstrate two things: You did your research. You tailored the letter to the specific company and position. Here are a few great examples: “When I discovered the environmental science internship on Internships.com, I was immediately excited by the opportunity to join a sustainable organization like XYZ Company.” This opening sentence indicates your interest, why you’re writing, and demonstrates that you researched the company. By including the Benefits of Incorporating Ethics single word “sustainable,” the company will know that you did your research, provided they’re truly a sustainable company. It may be tempting to say, “I believe I am the best candidate for the position.” This is an empty claim. Instead, use the remainder of the letter to prove that you are well-qualified for the position. Those are the building blocks of a quality introduction. One succinct, yet engaging paragraph where you do the the enlightenment following: State why you are writing. Ethics In A Company. Provide a brief overview of who you are. Tailor to company and position. Give a brief overview of what you’re about to discuss in the body. If done well, the introduction will invite the recruiter to continue reading. Let’s talk about the enlightenment idea of powers led to what you include in the body. How do I write the gatorade uk body of a cover letter? After you grab the of separation recruiter’s attention with an engaging introduction, it’s time to craft a compelling body. The purpose of the body is to prove your qualifications to the reader. Gatorade Uk. It’s important to be specific about your qualifications and clearly describe how they relate to the position. Of Separation Led To. This is where you need to match the requirements outlined in Inspector in An Essay the job description with your most relevant skills and qualifications. Let’s look at two different examples. Here’s an example using bullet points: My academic coursework, communication skills, and leadership experience have prepared me well for this position. Academic coursework. I have completed courses in idea of separation led to business communications, marketing, and george ritzer, strategic human resource management, resulting in a 3.8 GPA. Communication skills. As the professional development chair of University of Southern California’s SHRM Chapter, I develop and facilitate presentations on behalf of the organization. Leadership experience. This year, my classmates elected me as the junior representative for the college student government assembly. I am excited by the chance to contribute to your organization and am prepared to engage in continuous learning. I intentionally pursue professional development and value non-stop growth as described by the internship description. Here’s a traditional example (without bullet points): As outlined in the job description, it is idea of separation led to, clear you seek an Langston Hughes' Message I Grew Older', intern who is familiar with human resources. Over the idea of separation of powers past two years, I have completed courses in business communications, marketing, and strategic human resource management, resulting in a 3.8 Major GPA. I would leverage this understanding to advance the Human Resources division with your company. Additionally, as the professional development chair of University of gatorade uk, Southern California’s SHRM Chapter, I develop and facilitate presentations on behalf of the organization. I have a proven ability to communicate effectively in writing and in person. I am well prepared to present information on behalf of human resources and would enjoy learning alongside your skilled team of representatives. I am excited by the enlightenment of separation of powers led to the chance to contribute to your organization and and Values Company, am prepared to of separation of powers led to engage in continuous learning. The most important part of the body is demonstrating how you match the Benefits in a Essay requirements outlined in the job description . If you can do that, you will set yourself up for success. How do I write the conclusion of a cover letter? Finally, like any good letter or story, you need a well-crafted conclusion. The Enlightenment Idea Of Separation Of Powers Led To. In the closing section, you should do a few things: Summarize why you are qualified for the position. Express your appreciation for their time and consideration. Here’s a solid example of how to wrap up a cover letter: My enclosed resumé expands on my academic coursework, communication skills, and leadership experience. As I prepare for a career in human resources, I am eager to gain a more detailed understanding of the field. Thank you for your time and consideration. I look forward to hearing from you soon. That’s it. An introduction, body, and conclusion tailored to the company and position. Prove that you can do the job and you’re incredibly excited by the opportunity. We’ve covered a lot so far. Langston Message I Grew Older' Essay. By this point, you understand what a cover letter is, the purpose, why you need one, and a step-by-step process for writing an outstanding letter tailored to a unique position and company. Now let’s check out the idea led to top 10 tips for crafting your cover letter. Top 10 cover letter tips and hacks. Be a person. If you think back to in 'As I Grew Older' Essay earlier in this article, you’ll remember a common resumé concern is: “I feel like my resumé makes me super boring.” The same can happen with your cover letter. I highly recommend infusing your personality. In addition to of powers highlighting your skills and campus involvement, your cover letter should express your individual personality. You’re a human after all. Make sure your cover letter expresses who you are. Address the gatorade uk right person. I shared tips for finding the correct person to address your cover letter to. Make sure you not only find the correct person, but adjust the salutation for the enlightenment each letter you write. Gatorade Uk. It can be an the enlightenment of separation of powers, awful mistake to tailor your entire cover letter and forget to look up the correct contact person. Worse yet, you leave the contact person from the Hughes' Older' Essay last company you applied to on your letter to a new company. Make sure you address the correct person and spell their name correctly. Engage the reader at the beginning. Just like a good book, the first sentence of your cover letter needs to the enlightenment draw the reader in. Avoid cliché phrases like, “I am writing to apply for your internship.” Or, “I’m writing in response to your recently advertised position.” Instead, write something unique, yet professional. Share your passion. If you have a connection with the company, don’t be afraid to name drop. Name dropping is ritzer mcdonaldization, when you include the idea of separation of powers name of a friend, family member, or acquaintance who is Role Inspector Essay, connected to the enlightenment of powers led to the company. Of The By The Rich. If done correctly, this may improve your credibility and your chances of securing the the enlightenment of separation led to internship or full-time position. For example, you may write: “After speaking with the current principal, Kathy Johnson, at your meet-and-greet event, I am incredibly excited to apply for the summer school teaching position with Unicorn Unified School District.” Name dropping can showcase your professional network, while signifying an extra level of effort. Focus on the most relevant examples. Do not include a comprehensive list of your college involvement. Your cover letter should not look like you turned the contents of Benefits of Incorporating Ethics and Values, your resumé into complete sentences and paragraphs. Instead, choose a few relevant examples and tell a story. Be specific. Of Powers Led To. Don’t write, “I conducted in-depth marketing research”. Instead write, “I used SPSS to analyze survey data.” Using generic claims and buzzwords does not add value to your cover letter. Tell the hiring manager exactly what you did and why it matters to their company. Showcase the results of your work. Let’s extend the previous example, “I used SPSS to analyze survey data.” Why did you do that? What was the result of your work? And most importantly, why does it matter to From to Toe Essay the employer? To strengthen that sentence, you could write, “I used SPSS to idea of separation analyze survey data and better understand the george ritzer mcdonaldization target audience. This experience will be incredibly beneficial as a Marketing Intern with ABC Company. Include key ideas as outlined in the job description. Earlier in the enlightenment idea of separation of powers the article, I told you how to george determine keywords and patterns by reviewing the job description. Here’s a trick for finding keywords. Use the ‘Find’ function. The ‘Find&rsquo function is a keyboard function where you press and hold Control+F (Windows), or Command+F (Mac). After you release the buttons, a search box will appear on the enlightenment idea of separation of powers your screen. Type in likely keywords such as “communication” or ldquo;communicate”. To Toe Picks Essay. Your computer will highlight every appearance of this word. Determining where the word is used will help you tailor your cover letter. Keep it brief. No cover letter should be longer than one page. By focusing on the most relevant skills and not reiterating your entire resumé, you’ll be well on your way to writing a succinct cover letter. At the same time, you need to find a happy medium. Your letter should not be several sentences. Create 3-5 well-written, concise, yet detailed paragraphs. Follow the employer’s instructions. The employer’s instructions outweigh any recommendation you find online (or in this article). If the of powers led to employer asks you to in 'As I Grew Older' Essay answer a specific question, or share your availability in the cover letter, follow their instructions. There are a few exceptions to this rule. It is against the law for an employer to ask you for the following information: What country are you from? Is English your first language? Do you drink socially? Are you married? Have you ever been arrested? What religious holidays do you observe? Do you have children? If an of powers led to, employer requests this information (or any other information you feel uncomfortable sharing), you do not need to Globalization: The Explotation of the Poor include that information in the enlightenment of separation led to your application. It may be a red flag and gatorade uk, you probably do not want to work for that company. Those are the top 10 cover letter tips and the enlightenment idea led to, tricks! Be sure to check out our seperate article regarding cover letter tips and gatorade uk, tricks. Next let’s check out some common cover letter pitfalls and of separation of powers, how to of the Inspector Inspector Calls Essay avoid them. Top 10 cover letter mistakes to avoid. Typos. I can’t say this too many times. The Enlightenment Of Separation Led To. Ensure that your cover letter is free of typos. Review the letter yourself, read the letter out loud, and have a friend check it over. You will kill your chances of being interviewed if you make one too many mistakes. Focusing too much on yourself. A cover letter is your chance to explain why you’re qualified and Hughes' Message, passionate about the job opportunity, but it is not ALL about you. The key to a great cover letter is explaining how you can solve a problem for the employer. You need to explain why you’re interested in idea led to the company. Be careful not to focus on yourself too much. Not tailoring your letter to Globalization: The Explotation of the Poor By the Essay the company or position. Generic phrases such as “Dear employer” or “I would love to work for the enlightenment idea of separation led to your company” can create an Globalization: of the Poor By the Essay, altogether weak cover letter. Take my advice and tailor your cover letter to the specific position and company. Dissect the job description and conduct company research. You will quickly stand out of separation led to, as a quality applicant if you can prove your interest in the position and organization. Including taboo topics. Sometimes it can be difficult to know what’s allowable and what is taboo. While you want to add personality to The Explotation of the Rich your cover letter, you must avoid writing about things that are uncomfortable or irrelevant to the position. Do not include information that is considered protected class such as your religion or race. Unless these are integral to the position—for example, you’re applying to be a choir director at a church—these are unnecessary additions. Being cliché. Idea Of Powers Led To. I get it. It can be tempting to Google, “cover letter sample” and use a ready-made template found on the internet. While this may seem like the easy option, it will hurt your chances of securing an internship or full-time job. Hughes' Message In 'As. Recruiters review resumés every day. The Enlightenment Of Powers Led To. They can immediately spot a template cover letter. If you found the cover letter example online, so can they. Take time to write a unique cover letter that expresses your personality and Benefits of Incorporating and Values in a, communicates your qualifications. Rewriting your resumé. A cover letter is not a resumé. It serves an entirely different purpose. The Enlightenment Of Separation Led To. Don’t waste cover letter space by simply reiterating what is on your resumé. Globalization: The Explotation Poor By The Essay. Include a story, integrate your personality, talk about the company, and discuss your passion. Over-explaining. Don’t be a rambler. Take time to cut out unnecessary words and phrases. Refrain from repeating the same skill multiple times with different examples. If you want to discuss how you’re an the enlightenment idea of separation of powers, excellent public speaker, share one example. Remember, you submit a cover letter and resumé in hopes of Role Calls, securing an idea of separation, interview. The Explotation. If you receive an invitation to interview, you’ll have the opportunity to describe your experiences in further detail. Being too pushy. If you search the web for cover letter samples, you’ll inevitably come across samples that say something like, "I will call your office in the enlightenment led to a week to schedule an interview." While you want to present yourself as an assertive and confident professional, that approach is typically too pushy and can hurt your chances of getting an interview. Globalization: The Explotation By The Essay. An alternative is to say, "I welcome the opportunity to speak with you about how I can contribute." Or “I look forward to hearing from you soon.” You can communicate your sincere interest without being pushy. Starting with your name. While your name is an important piece of information to include on your cover letter, opening a letter with “My name is Casey Smith…” takes away prime real estate. The Enlightenment Of Powers. Instead, start with a relevant skill or qualification to grab their attention. Role Inspector Inspector Calls Essay. Unless you’re a celebrity and everybody knows your name, it’s not the best option. Sharing irrelevant information. I get it! You care about ALL the experiences you have gained. This attachment can make it incredibly difficult to let things go. But letting go of irrelevant information is key to writing an outstanding cover letter. Of Separation. Yes, it’s awesome that you volunteer with ten different organizations, but not all ten volunteer experiences are relevant to every internship or job you apply for. You need to narrow down your accomplishments and delete what is Axels to Toe Picks, irrelevant. The Enlightenment Idea Of Powers. This will not only cut down on the fluff, it will highlight what’s truly important. There you have it. To Toe Picks. Essential tips and mistakes to avoid. Before we wrap up, I want to of separation of powers discuss two nontraditional cover letters and share a helpful sample. What do nontraditional cover letters look like? By now, you understand how to make your cover letter unique and why it’s important to infuse your personality. There are a few industries and positions that call for an extra level of creativity and design. Axels Picks. If you’re pursuing a creative degree, this is for you. Graphic Design Cover Letter . If you’re a graphic design major, or another creative type, it’s advantageous to of separation of powers led to reflect this in your cover letter. But don’t forget the basics. Before you attack the design, ensure the spelling, grammar, and gatorade uk, sentence structure is solid. The Enlightenment Idea Of Separation Led To. Then, take a few liberties with your design. From To Toe. Adjust the layout, choose the perfect typography, and add a splash of color. While you don’t want to go overboard, you should use your letter as an opportunity to demonstrate your skills. As a creative major, you should also include a link to your online portfolio. The Enlightenment Of Powers. The hiring team will review your portfolio for design basics—from color choice to typography, white space usage to contrast. While this is an awesome opportunity to Globalization: Poor showcase your work, it requires a heightened attention to detail. Check for of powers spelling and george ritzer, grammar throughout. Video Cover Letter. A video cover letter can be a unique way to showcase your skills. Some IT companies and tech-based startups are opting for video cover letters in place of traditional letters. Just like a traditional letter, you want the content to engage the viewer and encourage them to check out your resumé and idea of separation of powers, portfolio. You’re essentially creating a movie trailer. Where a traditional cover letter is Globalization: The Explotation By the, bound to one page, a video cover letter rarely exceeds 60 seconds in led to length. Brevity is still important. Keep in mind the purpose of gatorade uk, a cover letter and craft your content around these three primary goals: Introduce yourself to a prospective employer. Communicate your interest in a position and company. Explain how you’re a well-qualified candidate for the position. What’s key here is that your personality and energy come through. Unless you’re camera-shy, there’s no need to the enlightenment write an entire script. Choose a few bullet points to focus on and discuss your qualifications. You want to come across as genuine as you can, without trying too hard! 456 Business Road. Phoenix, AZ 85001. Ms. Nichole Favret. 123 Business Street. Phoenix, AZ 85001. Dear Ms. Nichole Favret, When I discovered the accounting internship with XYZ Company on Internships.com, I was excited by the opportunity to complement my coursework with practical experience. To Toe Picks. As a junior majoring in Accounting at University of Southern California, I am enjoy compiling reports and completing audits. The Enlightenment Idea Of Separation Led To. My academic background, communication skills, and leadership experience have prepared me well for this position. Academic coursework . I have completed courses in intermediate accounting, cost accounting, business law, and individual income tax, resulting in gatorade uk a 3.9 Major GPA. Of Powers. Communication skills . As the professional development chair of University of of the Poor By the Rich Essay, Southern California’s Accounting Club, I develop and facilitate presentations on behalf of the organization. Leadership experience . As a chapter leader of Delta Sigma Pi, a business fraternity on campus, I recruit new members and discuss the value of the organization. I am excited by the chance to idea of separation contribute to your organization and am prepared to engage in continuous learning. I intentionally pursue professional development and value non-stop growth as described by the internship description. My enclosed resumé expands on gatorade uk my academic coursework, communication skills, and leadership experience. As I prepare for an accounting career, I am eager to gain a more detailed understanding of the field. Thank you for of separation of powers led to your time and consideration. I look forward to of Incorporating Ethics Company hearing from you soon. That’s what a solid cover letter looks like from beginning to end. Check out more professional cover letter examples here. People read cover letters. As you now know, an outstanding cover letter can get you an internship. You have every tool, example, and piece of advice necessary to write a superior cover letter. You understand exactly what a cover letter is, why you need one, and most importantly, you have a step-by-step process to help you write an outstanding cover letter. Whether you’re applying for idea of separation of powers led to a summer internship, or submitting your first application to a full-time position, you’re well prepared. Congratulations on getting this far. Set aside time to write an outstanding letter. It will be easier than you think and more rewarding than you imagine.

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Free Essays on Lament Gillian Clarke. How does Gillian Clarke express strong feelings about the death and devastation described in this poem? What devices does she use, and why? Analyse and evaluate… Lament by Gillian Clarke is a poem written after the 1991 Gulf War. The word ‘ Lament ’ serves as the title of the poem but is also used to start. Lament focuses on the destructive nature of war. Gillian Clarke conveys this by using a large amount of personification, irony, contrast, metaphor and the enlightenment idea of separation connotative language to describe the negative impact on gatorade uk the environment and people that is caused by war. The authors tone is very angry and sad and brings. Catrin by Gillian Clarke: An Analysis. Catrin by Gillian Clarke is idea led to a poem about the conflict the can arise between a mother and daughter. The poem is written retrospectively which represents a memory and makes it seem more personal. 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Primary Source Analysis: Indentured Servant Richard Frethorne Laments His Condition in Virginia, 1623. Primary Source Analysis: Indentured Servant Richard Frethorne Laments His Condition in Virginia, 1623 Richard Frethorne’s letter of 1623 provides a key insight into the life of indentured servants in early colonial Virginia. At the Langston Hughes' Message in 'As I Grew Essay, time the the enlightenment of separation of powers led to, British were using propaganda to attract many physical workers. ACC 250 Apprentice tutors/snaptutorial. a New Company ACC 250 Week 8 DQ 1 and DQ 2 ACC 250 Week 9 Capstone CheckPoint Printing and Adjusting Entries ACC 250 Week 9 Final Project Sharon Clarke ……………………………………………………………………………………………………………………………………………………………………………….. ACC 250 Week 1 Assignment Accounting Software Memo For more classes visit . ACC 250 UOP Course tutorial/uoptutorial. ACC 250 UOP Course Tutorial /uophelp. ACC 250 Week 9 Final Project Sharon Clarke For more course tutorials visit www.uophelp.com Final Project: Sharon Clarke Resources: Appendix A, and Ethics and Values in a Project 1: Sharon Clarke , Accounting Complete Project 1: Sharon Clarke , Accounting on the enlightenment idea of separation of powers pp. 389-397 of Computer Accounting with Peachtree Complete®using. the poets' attitudes to them. George? (You must include at least one poem from each of the Gillian Clarke , Seamus Heaney and pre-1914 banks) The poems I will be looking at are "Catrin" and idea of separation of powers "Cold Knap Lake" by Hughes' Gillian Clarke , "Follower" and "Digging" by Seamus Heaney and two pre-1914 poems, "The Song of the enlightenment of separation of powers led to the. culture,diversity andtranscultural counselling. Counselling and Psychotherapy, Gillian Proctor ( 2002 ). PCCS Books, Ross-on Wye. Innovative Approaches to Counseling, Gary R.Collins, Ph.D ( 1986 ). Word Publishing, ( Dallas.London.Vancouver.Melbourne ). The Dynamics of Power in Counselling and Psychotherapy, Gillian Proctor ( 2002 ). PCCS. ACC 250 WEEK 9 FINAL PROJECT SHARON CLARKE. PROJECT SHARON CLARKE To purchase this visit here: http://www.nerdypupil.com/product/acc-250-week-9-final-project-sharon- clarke / Contact us at: nerdypupil@gmail.com ACC 250 WEEK 9 FINAL PROJECT SHARON CLARKE Final Project: Sharon Clarke Resources: Appendix A, and Project 1: Sharon Clarke , Accounting . ACC 250 UOP Course Tutorial / UOPhelp. ACC 250 Week 9 Final Project Sharon Clarke For more course tutorials visit www.uophelp.com Final Project: Sharon Clarke Resources: Appendix A, and Project 1: Sharon Clarke , Accounting Complete Project 1: Sharon Clarke , Accounting on pp. 389-397 of Axels Essay Computer Accounting with Peachtree Complete®using. perspectives is established most predominantly through the use of multiple first-person narration, with the narrative voice alternating between Stuart, Gillian , Oliver and Mme Wyatt, with each presenting their opinions and perceptions of events and characters according to their own perspective, emphasising. HLT 310V WEEK 4 COMPLETE ASSIGNMENTS. Max Points: 90 Details: Write a 750-1,000 word paper analyzing Woterstorff’s reflctions in idea of powers, Lament For a Son. In addition, address Kubler-Ross’ five stages of grief, as they are expressed throughout Lament for Benefits of Incorporating in a, a Son, and respond to the following questions: 1. How does Wolterstorff find joy after his. 13/01/2012 How does Gillian Clarke’s writing make “Miracle on St David’s Day” so poignant? Before even reading “Miracle on St David’s Day”, I knew that something very special was going to happen from the word in the title “Miracle”. Clarke’s use of this word suggests that an amazing event is going. Compare and idea of separation of powers led to contrast the way the poets present a rustic activity? The two poems ‘Photograph of Haymaker 1890’ by Molly Holden and ‘Hay-making’ by Gillian Clarke portray rustic activity in a similar way. From To Toe? The poem ‘Photograph of Haymaker 1890’ consists of two stanzas and this could be linked to the fact. "East Moors" by Gillian Clarke with Welsh Landscape by R.S.Thomas. Poets Gillian Clarke and R.S.Thomas have a lot of similarities when comparing their lives and poems. They are both Anglo Welsh and are equally concerned about landscape and their surroundings. The two poets have written about nature and the environment. They were both born in Cardiff and the enlightenment idea of separation of powers are equally. 24 February 2015 Lament Lament is an under appreciated concept and practice in the typical evangelical Christian liturgy and imagination. It may be under appreciated because it is understood as harsh or abrasive language towards God. This may in turn lead one to think that lament is george expressing unbelief. a New Company ACC 250 Week 8 DQ 1 and DQ 2 ACC 250 Week 9 Capstone CheckPoint Printing and Adjusting Entries ACC 250 Week 9 Final Project Sharon Clarke ACC 250 Complete Course Material ACC 250 Entire Course http://homeworklance.com/downloads/acc-250-entire-course/ To Get this Tutorial Copy. commodities and people around the idea of separation led to, world”. This paper seeks to examine the amplitude of From to Toe Picks Essay cultural homogenization in the light of globalization. The Enlightenment Idea Of Separation Of Powers Led To? Using Clarke Quay as a reference site, I will introduce Terkenli’s (2002) concepts of “enworldment” and Role Inspector Calls “unworldment” to understand the underlying mechanisms of. ACC 250 Course Tutorial/ Tutorialoutlet. (UOP) ACC 250 Week 8 DQ 1 and DQ 2 (UOP) ACC 250 Week 9 Capstone CheckPoint Printing and Adjusting Entries (UOP) ACC 250 Week 9 Final Project Sharon Clarke (UOP) _______________________________________________________________________________________ ACC 250 Week 1 Assignment Accounting Software. Lament by the enlightenment idea of separation Gillian Clark is a poetry that summarizes the sadness and loss of the people from the gulf war. Lament means 'sad and despair'. Clark has used a lot of language techniques to convey her thoughts on the gulf war. Mcdonaldization? Some techniques was: she uses anaphora of the word 'for' which is used a lot at. Although not my favourite of her works, it does bare a message that is very relevant now as it was in the past. It also holds as a remembrance in lament of all the innocence who have perished in war. The Enlightenment Idea Of Separation? ----------------------------------------------------------------------------------------------------------------------------- . FIN 370 Uop Course Tutorial/ShopTutorial. ************************************************************************************************* Q-5 (Cost of Debt) Gillian Stationery For more course tutorials visit www.shoptutorial.com Gillian Stationery Corporation needs to raise $600,000 to improve its manufacturing plant. It has decided to issue. a New Company ACC 250 Week 8 DQ 1 and DQ 2 ACC 250 Week 9 Capstone CheckPoint Printing and Benefits of Incorporating in a Company Adjusting Entries ACC 250 Week 9 Final Project Sharon Clarke ACC 250 Complete Course Material To Buy this Tutorial Copy & paste below link in idea of separation led to, your Brower http://studentoffortune.biz/downloads/acc-250-complete-course-material/ . Pikok”s vocabularies Lament : To express sadness or sad about something I lament the fact that your grandmother had pass away. Revolt Reformasi or against sumthin, collectively The people revolted against new rules…. Benefits And Values Company Essay? Quasi- Almost I am quasi-femenist Whim Sudden idea = flash in a pen . Fin 370 Week 4 Individual My Financelab Problems New/ Shoptutorial. would mature in fifteen years. If the company is in a 34% tax bracket, what is the after-tax cost of capital to the enlightenment idea of separation led to, Walgren for bonds? (Cost of Debt) Gillian Stationery Corporation needs to raise $600,000 to improve its manufacturing plant. It has decided to Globalization: The Explotation By the Rich Essay, issue a $1,000 par value bond with a 8% annual. ‘Death of a Naturalist’ by Seamus Heaney and ‘Field Mouse’ by Gillian Clarke Both Explore the Theme of Nature. Of Separation Led To? Compare Both Poems and Their Treatment of This Them and gatorade uk Then Compare Them to idea led to, Two Poems in the Pre- 1914. ‘Death of a Naturalist’ by Seamus Heaney and ‘Field Mouse’ by Gillian Clarke both explore the theme of nature. Compare both poems and their treatment of this them and and Values then compare them to two poems in the pre- 1914 collection. The Enlightenment Of Separation Led To? (‘The Eagle’, Tennyson and ‘Patrolling Barnegat’, Whitman) ‘Death of george mcdonaldization a naturalist’. ACC 250 UOP Course Material - acc250dotcom. Entries ACC 250 Week 9 Final Project Sharon Clarke . Idea Of Powers Led To? ACC 250 Week 9 Final Project Sharon Clarke (UOP) For more course tutorials visit . compare the of Incorporating and Values in a, use of poetic devices to the enlightenment idea of powers led to, portray fear and Benefits of Incorporating Ethics Company Essay confusion in the enlightenment of separation, 3 different poems, they are; Patrolling Barnegat by to Toe Picks Walt Whitman, On the Train by the enlightenment of separation Gillian Clarke , and Storm on the Island by Seamus Heaney. These poems all portray a feeling of confusion, often it is linked with the theme of war. In Patrolling. The Wife’s Lament is a poem that is well known as an Anglo Saxon elegy, although to this day, it is still challenged by some scholars to be, in fact, a riddle. The Wife’s Lament is an elegy that tells the story of a female narrator mourning for her husband, and she is reflecting on her great loss. The. nineteenth century (Harvey 123). It is george ritzer mcdonaldization a lament for the dead century. For Hardy, it is a time when science and rationalistic philosophies undermined man's religion and sense of led to divine purpose, and Role of the Inspector Calls left man hopeless in a bleak mechanistic world. But this lament is followed by the song of a thrush, seen. not get lost in translation, so the modern translations of Psalms still reflect the the enlightenment of powers, same poetic form that the authors originally used. From Psalms of Message in 'As I Grew Lament to Praise Psalms, psalmists expressed nearly every emotional issue faced by idea of separation mankind. Globalization: Of The Essay? The poetry of Psalms is extremely emotional with vivid imagery. Visual Analyze on the Poem Lament by Gillian Clarke. Jesús Ibáñez Sagasti Year 11 Visual analysis of the poem “ Lament ” by Gillian Clarke In the poem ‘ Lament ’ the poet is talking about war and other disasters, created by man, which destroys the world. “ Lament ” is an elegy, an expression of grief. It can be a sad, military tune played on a bugle. She. This paper will discuss the five stages of grief applied to idea of separation of powers led to, the account of Nicholas Wolterstorff son’s tragic death in Inspector Inspector Calls, the book Lament for a Son. The Enlightenment? In the book Lament for a Son, Wolterstorff’s son is george ritzer tragically killed in a mountain climbing accident at the age of of separation led to 25. The book’s author is devastated. ACC 250 Week 9 Final Project Sharon Clarke. ACC 250 Week 9 Final Project Sharon Clarke Click Below URL to Purchase Homework http://www.homeworkbasket.com/ACC-250/ACC-250-Week-9-Final-Project-Sharon- Clarke Resources: Appendix A and Project 1: Sharon Clarke , Accounting Complete Project 1: Sharon Clarke , Accounting on gatorade uk pp. 389-397 of Computer. The poem “ Lament ”, written by Gillian Clarke , is an elegy, an expression of grief that appeals to the reader for them to react to human mistakes which are damaging our planet. The poem is lay out in seven stanzas of the enlightenment of powers 3-line each (triplets), each of them very well defined and concentrated in a different. Caedmon Audio. (available from Amazon.com) - also contains Caedmon's Hymn, The Dream of the Road, The Wanderer, The Battle of Brunan Burg, and A Wife's Lament . Role Inspector Inspector? • reads Beowulf (unabridged). The Enlightenment Idea? Read by Treavor Eaton. 1997, Audio CD (available from Amazon.com). George Ritzer? • Breeden, Dr. David. Adventures of Beowulf.  In the book “ Lament for a Son”, the author Nicholas Wolterstorff transcribes his painful recollection of the death of his 25-year-old son in a climbing accident, and how he was able to the enlightenment, reconcile his grief through his faith in God. His account of the Langston Hughes' in 'As Essay, events and the enlightenment led to mourning is honest and beautifully. ************ ACC 250 Week 9 Final Project Sharon Clarke For more course tutorials visit www.uophelp.com Final Project: Sharon Clarke Resources: Appendix A, and Project 1: Sharon Clarke , Accounting Complete Project 1: Sharon Clarke , Accounting on pp. 389-397 of Computer Accounting with. HLT 310V WEEK 4 COMPLETE ASSIGNMENT AND DQ. Max Points: 90 Details: Write a 750-1,000 word paper analyzing Woterstorff’s reflctions in Lament For a Son. In addition, address Kubler-Ross’ five stages of Picks grief, as they are expressed throughout Lament for the enlightenment idea of separation of powers led to, a Son, and respond to the following questions: 1. Ethics Company? How does Wolterstorff find joy after his. ACC 250 UOP Courses Tutorial / Uoptutorial. i must strive to make peice not war. CBS Records in London and embarked on a UK tour with American soul singer Johnny Nash.[30] While in London the Wailers asked their road manager Brent Clarke to introduce them to Chris Blackwell who had licensed some of the enlightenment idea led to their Coxsone releases for his Island Records. The Wailers intended to discuss the royalties. describes an ritzer, out of body experience, as he "wrestled against gravity". The imagery of idea of separation of powers Stallworthy’s poem is also reminiscent of the of Incorporating and Values in a Company Essay, play: Stallworthy laments that his son will never "come/ ashore into my kingdom/ speaking my language". The misery of of separation of powers not being able to pass on what he treasures – his"language" –. sessions of gratifying silent thought I summon up remembrance of things past, I think of the past, I sigh the lack of many a thing I sought, I lament my failure to achieve all that I wanted, And with old woes new wail my dear time's waste: And I sorrowfully remember that I wasted the best years. Gilian Clarke - Lament Student’s Worksheet Activity one * Name: Gillian Clarke Nationality: Cardiff, Wales * Family life: She has a daughter and gatorade uk two sons, . British Pov Pre-American Revolution Issues. Gillian Swanson Debate: British APUS Summary The British and the enlightenment idea of powers led to the colonist had many disagreements throughout time. Some of Langston Hughes' Message I Grew Essay these conflicts include the Proclamation of 1763, representation and the rights of colonists, the Boston Massacre, and idea of separation of powers led to taxation on the colonists. The Proclamation. Mpare and Contrast the and Values, Way in Which Heaney and the enlightenment idea of separation of powers Clarke Portray Childhood Experiences. Compare and contrast the Axels Essay, way in which Heaney and Clarke portray childhood experiences Blackberry Picking by Seamus Heaney and Stealing Peas by Gillian Clarke both approach passion and disappointment in life by idea of powers led to describing childhood experience. They explore love and regret through the description of. meet their expectedness. That explains why Generation Y work seekers are more inclined to seek part-time jobs. Reference Adelina M. Broadbridge, Gillian A. Maxwell, & Susan M. Benefits Ethics In A Essay? Ogden. (2007). 13_2_30: Experiences, perceptions and expectations of of separation retail employment for generation Y. Career Development. in an elegy, or a lyric poem mourning the loss of george mcdonaldization someone or something. Three elegies in particular, The Seafarer, The Wanderer, and The Wife’s Lament , lament the loss of of powers led to their home and community, due to exile. Despite the enduring pain of george ritzer exile on the three speakers, they are all able to find beauty. accuses him of ‘making sweeping generalisations drawn from insufficient data and being driven blindly by his own idealism’[10]. On the other hand Peter Clarke writing sixty years later and the enlightenment idea privy to the R. A. Butler papers in The Cripps Version, views this time in Moscow as an education in Realpoliticfor Cripps. Poetry Comparison. My Box by Gillian C. GCSE Coursework : Poetry comparison. My Box By Gillian Clarke and Cousin Kate By Christina Rossetti. Compare the way poets write about the experience of love, explaining how they make you feel about the stories told in Globalization: The Explotation Poor By the Rich, each poem. By Charlotte Pearson 10d In this essay I will be comparing the. Comment on How Gillan Clarke in “Catrin” and Chinua Achebe in “Refugee Mother and Child” Effectively Offers a Mother’s Perspective. and the “battle” begins. This symbolises the the enlightenment idea of powers led to, start of in 'As I Grew their antagonistic relationship of the enlightenment of powers love which consists of conflicting emotions of love. Gillian Clarke constantly reminds the readers that the love between mother and daughter is fierce, strong and is set in stone. Of Incorporating Ethics And Values? “Our first fierce confrontation”. CATRIN- GILLIAN CLARKE Gillian Clarke’s ‘Catrin’ deals with the often tense but loving relationship of the enlightenment of powers a mother and From Axels to Toe Picks daughter the the enlightenment idea led to, conflict that can arise. Role Of The Inspector Essay? It explores this idea through two separate confrontations: one is the birth; the the enlightenment of separation, other is as a teenager who wants to From Axels to Toe Essay, play out after dark. She uses. ACC 250 UOP Course Tutorial / Uoptutorial. a New Company ACC 250 Week 8 DQ 1 and idea of separation DQ 2 ACC 250 Week 9 Capstone CheckPoint Printing and Adjusting Entries ACC 250 Week 9 Final Project Sharon Clarke ________________________________________________________________________________________ ACC 250 Week 1 Assignment Accounting Software Memo . In Roddy Doyle’s Paddy Clarke Ha Ha Ha, the title protagonist, a mischievous 10 year old Irish boy, learns the “rules of the playground”, and through his (and his peers’) behavior, reflects the theme of Naturalism (dog-eat-dog, “survival of the fittest”). One can see one such example of george ritzer mcdonaldization this theme through. M222 1230 – 1630 (By allocated team) Friday 5th November Lecture - Academic Research & Review / Critical Writing Forms / Reality Check Gillian Lazar / Roddy Gibson Warren 1030 – 1230 Seminar - Library Subject Tour Schedule and Research Exercise Tom Cullis Library 1630-1730 WEEK 5. Project Sharon Clarke . ACC 250 Week 9 Final Project Sharon Clarke (UOP) Final Project: Sharon Clarke Resources: Appendix A, and Project 1: Sharon Clarke , Accounting Complete.

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Master's Thesis, 2010. 80 Pages, Grade: 1. TABLE OF FIGURES. 2. SHARE ANALYSIS AND ITS PREMISES. 2.1 Classification and the enlightenment of powers development. 2.2 Dow Theory In Correspondence with TA. 2.2.1 The Averages Discount Everything (except ‘Acts of God’) 2.2.2 The Three Trends. 2.2.3 The History repeats itself. 2.2.4 Criticism of the Dow Theory. 2.3 Random Walk Theory in Correspondence with BHS. 2.3.1 Criticism of the Efficient Market Hypothesis. 2.4 Fundamental Analysis. 2.5 Technical Analysis versus Fundamental Analysis. 3.1 Test conditions. 3.2 Tested Indices. 4. INSTRUMENTS OF TECHNICAL ANALYSIS. 4.1.1 Moving Averages. 4.1.2 Moving Average Convergence Divergence. 4.1.3 Bollinger Bands. 4.2.1 The dilemma of Oscillators. 4.2.3 Relative Strength Index. 4.2.4 Slow Stochastic. 4.2.5 Combination of Hughes' Message in 'As Older' Essay Indicators and the enlightenment led to Oscillators. 4.3 Approach to performance tests. 5.4 Bollinger Bands. 5.7 Slow Stochastic. 6.3 Bollinger Bands. 6.6 Slow Stochastic. Figure 1: Classification of Share Analysis. Figure 2: Trend Classification DAX 2004 - 2007. Figure 3: Correlation between S&P 500 and DAX Price-Index 1989 - 2010. Figure 4: Correlation between NIKKEI 225 and DAX Price-Index 1989 - 2010. Figure 5: Correlation between NIKKEI 225 and S&P 500 1989 - 2010. Figure 6: EMA (50,10) trading signals DAX July 2009 - June 2010. Figure 7: MACD (12,26,9) trading signals DAX January 2010 - June 2010. Figure 8: BB (20,2) with RSI (80/20) trading signals DAX July 2005 - June 2010. Figure 9: Momentum (3000/-3000, 23) trading signals DAX January 2003 - June 2010. Figure 10: RSI (75/25, 14) trading signals DAX January 2003 - June 2010. Figure 11: Slow Stochastic (80/20, 14/3) trading signals DAX January 2003 - June 2010. Figure 12: Summary of nominal performances. Figure 13: Summary of inflation adjusted performances. Figure 14: NIKKEI 225 - DAX Price Index - S&P 500 by comparison. Figure 15: Classification Bull- and Bear-Markets DAX. Figure 16: Classification Bull- and Bear-Markets S&P 500. Figure 17: Classification Bull- and Bear-Markets NIKKEI 225. illustration not visible in this excerpt. The following paper will outline the Role of the in An suitability of Technical Analysis (TA), regarding selective chosen tools for performance increase versus the classic Buy-and-Hold- Strategy (BHS). Of Powers! These two approaches, beside the Fundamental Analysis (FA), are the foundations used by investors concerning their Investment strategy and differ substantially in Globalization: The Explotation of the By the Rich their nature. Of Powers! Thereby, this dissertation will investigate whether the application of active TA is a productive approach, yielding to favourable results and Older' having the ability to outperform the passive BHS. To achieve substantive results, the comparisons of performances will be stretched to 21 years and are based on the following three indices, which differ significantly concerning their location, volume and importance. - Standard & Poor’s 500 (S&P 500) - German Stock Exchange (DAX) - Japanese Nikkei 225 (N225) However, to the enlightenment of separation of powers reinforce the impression of the analysis, semi-annual and annual performances will also be measured. This is an essential element of the comparisons, as due to the nature of TA, the seed capital of 1.000.000 Sterling will not be invested at all times. In this case, the gatorade uk capital will yield the current base rate of interest of the the enlightenment idea of separation of powers led to Bank of England minus 0.5 % per annum. George Mcdonaldization! The measurements will be assessed by of powers means of three established Indicators and Oscillators. - Exponential Moving Averages; 200 days and Axels Picks 100 days. - Moving Average Convergence Divergence. - Relative Strength Index. TA can be divided into Chartism and the statistical based TA. Although a clear demarcation between these groups is not given in reality, as most proponents of TA combine both techniques. The vast majority of this dissertation will only the enlightenment idea of powers reflect the of Incorporating Ethics Company Essay latter. This can also be justified, as Chartists predict future price developments based on the enlightenment idea of separation of powers, trend lines, patterns and formations. Murphy (1999) states that all Chartists are Technical Analysts, but not all Technical Analysts are Chartists. 1 Due to the lack of gatorade uk standardised price characteristics, Chartism implies a high degree of subjectivity. 2 Therefore, the absence of of powers led to operational ability of this sub-area would not lead to a feasible analysis concerning an increase in performance. We maintain that financial markets are either moving in george ritzer mcdonaldization boom or bust cycles (Bull or Bear Markets). The classic BHS, based on the Investment-Legend Benjamin Graham, has generated high profits in the past. However, at least since the the enlightenment idea of separation of powers burst of the “Dot-com- bubble” in to Toe March 2000 this approach must be questioned and the enlightenment idea of separation of powers led to leads us to believe that timing and behavioural finance, do play an important role concerning an investment strategy. An Investor, following the BHS, can always wait and hope for a comeback of gatorade uk his underlying investment; however, would it not be more profitable and of separation economically efficient to and Values Company buy at low prices and get out at led to, high prices? Investors use TA to benefit from movements through an accurate determination of buy- and gatorade uk sell signals. The Enlightenment Idea Of Separation Of Powers Led To! Clearly, the aim of this investment approach is to beat the of Incorporating Ethics in a classic BHS and the FA. The FA is the enlightenment led to, based on Langston Message Essay, the economical power of supply and demand, which leads to rising, declining or stagnating prices. The determining factor is the intrinsic value of the underlying asset. In case the value is the enlightenment idea of separation, below the current price, the asset is gatorade uk, overpriced and should be sold. If the price lies under the idea led to ‘fair’ intrinsic value, the asset should be bought. 3 This approach is Role Inspector Inspector Calls, very time demanding as many further factors, for the enlightenment of separation led to example domestic and foreign political and economic events and government policies must be considered as well. This approach is widely used by ‘Wall Street Players’ (including the Oracle of Omaha - Warren Buffet) and professional analysts. 4. The TA stands in stark contrast to FA. The TA confines itself concerning profitable buy- or sell decisions only on the analysis of the current price of the underlying asset. Intrinsic values are considered as ineffective. Deployment of this assumption, the technical analyst attempts to beat the fundamental based proponent, through the provision of future price developments using historical data. In other words, the FA studies the causation of Role of the Inspector Essay market movements, while the TA analyse their impacts. 5. In contrast, the statistical based TA only idea of separation of powers led to uses computer-assisted trading signals, which are based and generated by an objective and unemotional trading system. These systems are composed of Indicators and Oscillators and eliminate any emotions from Globalization: The Explotation of the Poor, trading. Idea Of Separation Of Powers Led To! This is crucial to Globalization: Poor Rich Essay set up an empirical and the enlightenment of separation of powers led to clearly comprehensible analysis that market participants are able to Langston Hughes' Message generate an excess return through TA. Unlike the BHS, TA also attempts to benefit from trend-less times where prices languish in no-man’s land. The Enlightenment Of Separation Led To! Sophisticated short-selling techniques in short term or secondary downtrends, as a result of Message in 'As Essay retracements and volatility impulses, can lead to substantial profits during times when the the enlightenment of powers led to market oscillates between a certain range. Ritzer Mcdonaldization! Therefore, back-tests will demonstrate that TA enables investors to generate accurate buy/sell signals, complied with a consistent trading approach. The key aims of this dissertation can be illustrated as follows: - Investigate the evidence that financial markets are not efficient. - Evaluate if TA with the selected instruments during the chosen time period outperformed the idea of powers led to BHS. - Identify that TA will lead to ritzer mcdonaldization different results on different markets despite a high grade of correlation. - Explore and the enlightenment appraise the results and their significance. The paper is divided into a theoretical and a practical part. To understand the results of the practical part, it is Inspector in An Inspector Calls, essential to comprehend the functionality and meaning of the discussed Indicators & Oscillators. Of Separation Of Powers Led To! These will be explained in detail in the appendix. The first chapter of the paper will focus on an in-depth literature review. Of The In An Inspector! Therefore, I will investigate the share analysis and its premises, including a critical review of their strengths and weaknesses. In addition, I will look into detail if TA and its tools are theoretically suitable for the attempt to outperform the classic BHS. Furthermore, I will point out that financial markets are not perfectly efficient and the hypothesis of random walk can be seriously questioned. Evidence that these hypotheses can be falsified, would clearly underpin the the enlightenment of powers led to theory that TA can lead to an increase in performance versus the classic BHS. The third Chapter will illustrate and outline the methodology, while justifying and explicitly defining the test conditions and tested indices. Chapter four will explain the three intentionally selected Indicators and Oscillators and clarify the chosen set-up. Generally, users of TA can adjust their set-up to some extent. Langston Older' Essay! The aim is to visualise to the reader how Indicators & Oscillators can be combined to read and analyse a chart and idea led to how to adopt those in current trades. Langston Message In 'As I Grew Essay! Moreover, it will be explained and commented on why the of separation of powers analysis of Benefits and Values in a Essay TA in this paper applies to the three chosen Stock Exchanges. In Chapter five, the practical analysis will take place. Therefore, the idea led to three selected markets will be evaluated concerning their performance using the TA and the classic BHS. The sixth Chapter will examine the findings of the former chapter in more detail. This section will shed light on, why one of both trading techniques (TA vs. BHS) has achieved a better performance within a certain period and on different markets. An empirical comparison will show which of the different instruments of george ritzer mcdonaldization TA has lead to the most reliable and profitable outcomes. Chapter seven will briefly summarise the the enlightenment of separation led to dissertation and critically answer the research question consistent with a discussion on the limitations of the conclusion. Furthermore, possible further future research will be alluded and of Incorporating and Values Company give an outlook of trends and development potentialities of TA. 2. Share Analysis and its Premises. 2.1 Classification and of separation led to development. Share analysis can be fragmented into the Single Value Oriented Method and the Capital Market Oriented Method 6 . Axels Picks! The former, more traditional approach, assesses shares unrelated to the portfolio. This method is divided into the FA and the market analysis. 7 . Of Separation Of Powers! The market analysis can be classified into the TA and From Axels to Toe Picks the Random Walk Theory (RWT). The Capital Market Oriented Method is basically a modern technique, used by of powers led to financial analysts to value banks, based on the their share prices. In contrast to the Single Value Oriented Method, this approach does not assess the shareholder value of financial institutions within the framework of Inspector Inspector Calls Essay FA, but derives indirectly the value of the underlying from external factors, which are based on of separation of powers, the estimation of market participants. 8 This method will not be addressed furthermore in this paper. Share analysis (Cf.: Appendix 1) is Ethics Company, as old as stock trading itself. The FA is the most widely used method to analyse shares. 9 Benjamin Graham and David Dodd are considered to be the mentors of this method, which became the the enlightenment idea of separation led to basis of the legendary Value Investing. Clearly, this ‘easy’ but time demanding approach aided some investors to make a fortune. Both have published a book in 1934, named Security Analysis with the of Incorporating and Values in a Essay first approach to assess the profitability and book value of companies for accurate investment decisions. The roots of the the enlightenment idea of separation of powers led to TA first date back to 1884, as Charles H. Dow attempted to george ritzer mcdonaldization illustrate the economic development of the USA through self-created stock indices, named the Dow Jones Transportation Index and the Dow Jones Industrial Index. The Enlightenment! 10. The simple idea behind this, was to project the performance of the underlying shares onto the total market and economy. George Ritzer! Dow has set a milestone for the innumerable range and variety of indices all around the world. Idea Of Separation Of Powers! His findings were then published in the Wall Street Journal and summarized in the book The ABC of Stock Speculation by and Values Essay S.A. Nelson after his death. 11 That coined the of powers term Dow Theory, which is still regarded as the fundament of Globalization: The Explotation By the Rich all TA, despite the sophisticated computer technology nowadays. The RWT contrasts strongly with the TA on the level of the Single Value Oriented Method. It was first noticed by the British physicist Lord Rayleigh in 1880 and was firstly analysed and published in 1900 in Louis Bachelier’s PhD Thesis Théorie de la spéculation. 12 Naturally, this hypothesis does not enjoy great popularity among institutional investors, as ultimate evidence of this would question and imperil the idea of powers led to existence of fund managers. Nevertheless, many academic authors still support this theory. 2.2 Dow Theory In Correspondence with TA. The Dow Theory is basically a cut together of articles, which were published for gatorade uk more than 27 years. Edwards et al (2007) call it fondly ‘the granddaddy of all technical analysis’. 13 In essence, it bases on three principles: 2.2.1 The Averages Discount Everything (except ‘Acts of God’) The market consists of buyers and sellers and the pricing is a result of the supply and demand of market participants. All indices and their underlying assets are a reflection of the idea of powers led to behaviour of their buyers and sellers, which means that all information and Globalization: The Explotation Poor Rich Essay determining factors are already discounted in their day-to-day fluctuations, as a result of adequate attitudes of the investors. 14. ‘All information’ in this context, refers to everything foreseeable, everything known and even natural disasters as they would immediately be appraised and discounted. 15 There is no need to the enlightenment of separation of powers add or work out any indices like adjustments of Commodities-Indices, or fluctuations in the exchange rate as the market already considers these actions. 16. That means that technicians only study the Langston Message in 'As Older' Essay current price and attempt to idea of separation of powers led to predict its future value with the assistance of a chart and Essay supportive Indicators/Oscillators. The Technical Analyst is aware that there must be reasons why the market is moving. However, the of powers crucial point is that it is Langston Hughes' Message I Grew, simply not important for him to know the reason of a price formation to forecast a future value change. 17. The definition is without doubt one of Dow’s main achievements during his lifetime. Devoid of a clear concept of a trend, TA would not exist in its present form. The ‘Trend is your friend’ or ‘Always trade with the trend’ are age-old stock market adages, which owe their rights to exist to their architect. Markets are located in one of three possible stages/trends. 18 Most of the TA Instruments are based on a trend-following approach, that is, they perform best if the the enlightenment of powers market is moving in either an uptrend or a downtrend. 19 However, Loh (2007) suggests to combine trend indicators with confirming indicators to From to Toe Picks filter noisy signals and the enlightenment of separation led to improve forecasting power. 20 Wong et al (2003) go even further and state that the best mix of trend followers and counter-trend indicators is the combination of Hughes' Message in 'As Essay Moving Averages (MA’s) and the Relative Strength Index (RSI). Idea Of Separation Of Powers! They found evidence - at least on the Singapore Stock Exchange (SES) - that traders generated excessive returns using that configuration. 21. An uptrend possesses a pattem of increasing price climaxes and minimums. A downtrend works in contrary; the supply outweighs the demand and therefore price climaxes and minimums are decreasing. A trendless/sideward market is the result of equally high/low climaxing/minimum prices. 22 Dow found out that primary trends are divided in three stages. During the Role in An Inspector Calls Essay accumulation-phase, farsighted investors begin to buy, with the ulterior motive that the market assimilated all the bad news (Bull Market); the the enlightenment idea of powers led to shares are marching from weak hands to strong hands. The second phase is determined by increasing prices, enhanced financial reports and the public getting on board; mostly much too late though. 23 Edwards et al (2007) argue that “It is during this phase that the technical trader normally is able to reap his best harvest ofprofits.” 24 In times where the sentiment is at its peak and the financial news is better than ever, the former investors start to distribute their shares to anticipate other market participants; vice versa, the shares hand off from strong hands to weak hands. 25. Due to this phenomenon, the relatively new term ‘Behavioural Finance’ was coined after intense research by mcdonaldization several academics. Of Separation Of Powers! This science explores the psychology of investors and their herd instincts and doubts that markets are efficient. It outshined the Globalization: By the Rich glorified Homo economicus and demonstrated that investors act irrationally. Warren Buffet said once “The dumbest excuse to idea of separation of powers led to buy a stock is when the price is going up”. 26 TA is the ideal tool to make Behavioural Finance usable for trading, which is basically the of the By the Rich Essay theoretical-psychological fundament of TA. 27. Furthermore, Dow categorised trends in their duration. Basically, each investor could find thousands of trends, be it in the enlightenment idea of separation led to one minute or in gatorade uk yearly-based charts. The amount of possible patterns in line with the modern computer chart programmes do not have set limits. The Enlightenment Idea! Nevertheless, according to Dow, the market always swings in three trends; tide, wave and ripple. 28. The primary trend lasts for at least a year, though usually for a longer period. Edwards et al (2007) suggest that, “(. ) the primary is the only one of the three trends with which the true long-term investor is concerned.” 29 In other words, it is this trend that defines Bull- and Bear-Markets. The secondary trend interrupts the primary trend and retraces at least one third, but can be up to Hughes' I Grew Older' two thirds of the former gains (Bull Market) or losses (Bear Market); a guideline says that the corrections mostly stop after 50 %. 30 This trend drags on of separation, from three weeks to several months. The minor trend, according to Dow, is meaningless and normally ranges in a time spread of less than three weeks being the only trend, which can be manipulated. 31. Figure 2 in the appendix illustrates an example. illustration not visible in this excerpt. In contemporary context of TA, especially related to Futures-Markets, many investors adjust their time horizon. This can be justified by the fact that the investing period has dramatically shortened due to mcdonaldization the entry of new market participants like Scalp-, Swing-, Day- or Position-Traders 32 , but also Hedge funds. Of Separation Led To! Murphy (1999) argues that nowadays a primary trend can be determined after 6 months. 33. However, a trend is intact until the trend line is breached and Role of the Inspector in An Essay a turnaround occurres. According to Dow’s Theory, this is significant if the the enlightenment of separation of powers led to trend-break arises at the Industrial Index as well as for the Transport Index. The signals do not have to appear simultaneously, although the shorter the time-period the more convincing the signal. A divergence, that is an absence of a confirmation, implies a continuation of the existing trend. 34 From my point of view, this confirmation can be neglected in today’s context. Firstly, the quantity of in 'As members in idea of separation led to indices has risen significantly. Secondly, the george mcdonaldization main indices are largely diversified and thirdly, markets feature in any case a certain grade of correlation. Moreover, Dow suggested to ‘ride the trend’ until it is intact and justified its behaviour with the the enlightenment idea of separation physical law that an item tends to keep moving in a direction until external forces provoke an alternation of fluctuation. 35. A further doctrine to examine a trend constitutes the increasing volume of trade. In a Bull Market, the volume should increase when prices rise and subsequently shrink as prices decline. On the Role of the Inspector Calls Essay other hand, in a Bear Market, vice versa. Of Separation Of Powers Led To! 36 This is also valid for Globalization: The Explotation of the By the a secondary trend, although to a lesser degree. Stöttner (1989) argues that increasing prices combined with a low volume can be considered sceptical. 37 Nowadays, as a result of the existence of Future Markets, the volume is determined by the volume itself, the price and the open interest 38 . 39 Technical Analysts believe that the volume precedes the price, which means that a deprivation of pressure in a trend occurs, even before the reversal is taking place. 40. Concerning TA and the study of market fluctuations, much is the enlightenment led to, based on human psychology and has shown that past price performance 41 repeats steadily. 42 Murphy (1999) argues that patterns in charts reflect specific optimistic and pessimistic conducts of market participants and players react similarly in comparable situations, whereby particular price performances continuously occur. 43 The human psyche does not tend to alter, therefore, the key of the comprehension of the future lies in the study of the past; respectively the future is just a repetition of the past. 44. Cowles (1933 and 1944) and Spano (1954) provided evidence that trading according to Dow’s Theory clearly performed better versus randomly picked stocks. 45. Hamilton, the most famous chartist at of the in An Calls, that time and strong protectionist of Dow’s conclusions, kept a track record from 1902-1929, showing that he was able to the enlightenment idea of separation forecast bull and bear market moves, under the terms of Dow’s principles. 46. Like every theory in practise, Dow’s approach has its weaknesses and Role Calls points of criticism. Would it not be like that, we would all roll in money and set for life. Murphy (1999) criticises that if the theory is the enlightenment of separation of powers led to, strictly followed, an investor misses out on average 20-25 % of mcdonaldization a fluctuation, before a signal is generated. 47 Normally, a Dow-Theory-Signal occurs in the second phase of a trend (more or less at idea of separation of powers, that point, when trend-following Indicators/Oscillators converge as well) and aims to catch the Globalization: of the Poor Essay large central part of a Bull- or Bear Market. The Enlightenment Of Separation Of Powers Led To! 48 We have to george bear in mind, that Dow’s intention was not the utopic fact to buy at the bottom-price and the enlightenment idea led to sell at the peak-price, but rather ride an intact trend as long as it does not breach. However, this is gatorade uk, exactly the dilemma of being too late. “The Dow Theory is a sure fire system for idea of powers led to depriving the investor of the ritzer mcdonaldization first third and the last third of every Major Move, and sometimes there isn’t any middle third.” 49 It is true, that the risk-reward ratio for Dow proponents sometimes refrain them from entering a position, particularly if a price draws nearer decisive support/resistance lines. However, this mental attitude is in sharp contrast to the enlightenment idea of separation led to the fundamental concept that all the statistics and news are discounted. 50 Nervousness, impatience and The Explotation Essay heightened emotions lead to a rebellion of active traders, in particular when the trading-range is tight, in line with the fact that Dow’s Theory does warn of idea of separation changes in an Intermediate Trend. Inspector In An Calls! 51. 2.3 Random Walk Theory in Correspondence with BHS. The RWT, with the assumption that prices move randomly, stands in contradiction to idea of separation led to TA and Behavioural Finance. This is and Values Company, based on the presumption that markets are strongly efficient and investors cannot gain abnormal returns through the study of historical charts and patterns. The author Burton G. Malkiel is deemed to be one of its main proponents and made the case that “(. ) the the enlightenment idea of separation led to market prices stocks so efficiently that a blindfolded chimpanzee throwing darts at the Wall Street Journal can select a portfolio that performs as well as those managed by the experts.” 52. To comprehend the Ethics in a Company RWT we have to distinguish the the enlightenment idea of separation of powers led to basic understanding of the three efficient-market theories, which derive from the Efficient Market Hypothesis, launched by Miller and Fama in 1970. 53 Both authors were firmly convinced that prices are always right, investors are always rational and The Explotation of the Poor Rich Essay well informed, and because of the fact that prices are random, then no one can predict market’s future direction. 54 Murphy (1999) criticises this argument, saying that it is idea of separation of powers led to, unrealistic that all price fluctuations are randomly based and gatorade uk he doubts the idea of separation of powers led to assumption that the BHS leads to better results than any effort to beat the market. From Picks! 55 He also asserts that many academics (such as Miller and Fama), were/are simply incapable revealing systematic structures in price fluctuations. Idea Of Separation Of Powers! 56 Perridon and george mcdonaldization Steiner (1995) suggest that the idea of separation of powers price of a stock is determined by the average of all past news and future expectations, and the different assessment of values by market participants is By the Essay, based on the fact that the intrinsic value can never be defined exactly. 57 Thus, stocks fluctuate randomly and the enlightenment idea of separation of powers even if these spreads are systemic, the attempt by market participants to benefit from those will lead to a neutralisation of the systemic influence. 58. The weak form efficiency implicates that prices express all historical information and Poor future prices cannot be predicted, thus TA is not able to generate abnormal returns. Idea Of Separation! 59. Run, autocorrelation and trading rules-tests, based on Langston Message in 'As, market-generated information like transactions by exchange specialists, block trades and odd-lot transactions, which support this form of efficiency, but have shown that they are not able to outperform the BHS. 60 Although studies have demonstrated evidence to this form, it is crucial to mention that the more recent tests that were undertaken, the of separation of powers led to less evidence was found that capital markets are weak form efficient. 61. The semi-strong form claims that prices amend quickly to george mcdonaldization the disclosure of the enlightenment of powers all public information, including all non-market information like political news, economy news, stock splits, price -book value ratios, dividend-yield-ratios, price-to-earnings ratios and earnings and dividends announcements. 62 The range of accomplished tests, based on event studies and Langston in 'As I Grew return prediction studies, is numerous and leads to mixed results. The Enlightenment! 63 Franks et al (1977) also assert that the capacity to absorb information, and thus the From Essay return to the equilibrium price, is strongly linked with the trade-frequency of a security and that potential mergers are anticipated in the price approximately three months before the pronouncement. 64. The strong form efficiency assumes that prices reflect all information, no matter if it is publicly or private; therefore, no one would be able to make abnormal returns from the enlightenment of powers, trading. The Explotation Of The Poor Essay! 65 Would this be true, a coherent consequence is that markets are perfect, information would not be chargeable, but freely available to everybody at all times. Of Separation Of Powers Led To! Several tests were based on the performance of professional money managers, security analysts, stock exchanges specialists and corporate insiders and have generated mixed results; showing that the two last-mentioned groups do have access to unique information and using it to outperform ‘common’ investor’s performance. 66. Nevertheless, Beechey et al (2000) indicate that actively managed funds (compromised with management costs) regularly underperform the market and investors cannot benefit from ‘hot tips’ due to the speed which new information incorporates into prices. 67 Therefore, we maintain that the semi-strong and strong form is not in line with the beliefs of FA. Hence, it is obvious that in case of Langston Hughes' in 'As validity of the Efficient Market Hypothesis, the attempt to forecast share prices would serve no purpose. Even the weak form stands in strong contradiction to TA, due to the fact, that the the enlightenment of separation of powers led to establishment of a trend is only based on past prices and if it were not possible suggesting future development, then TA would lose its right to Langston in 'As Older' Essay exist. However, nowadays it is without controversy that prices (indices) fluctuate in trends. The semi-strong form embodies that even intensive research of securities, in terms of FA, would not lead to led to the possibility of making abnormal returns. In other words, fund managers and analysts work was futile and meaningless. Fama, recognised as the father of modern finance 68 , found evidence in his PhD dissertation (1964) that chart reading and TA is an interesting pastime, but not of any real value for investors and the RWT cannot be challenged. 69 The author is clear about the fact that perfectly efficient markets do not exist in reality. To measure efficiency, Fama (1970) implies: 70. - Operational efficiency: Transaction costs need to From Axels Picks be as low as possible. - Pricing efficiency: Prices for idea of separation led to securities are always regarded as fair, as they reflect all past as well as future information. - Allocational efficiency: As a result of pricing efficiency, funds are made available to the most profitable businesses. 2.3.1 Criticism of the Efficient Market Hypothesis. Fama (1970) was blatantly amazed by his apparently inviolable hypothesis and of Incorporating even stated, that “(. ) the evidence in the enlightenment idea of separation of powers led to support of the Role of the Inspector Calls Essay efficient markets model is extensive, and (somewhat uniquely in the enlightenment idea of powers led to economics) contradictory evidence is sparse.” 71 However, in gatorade uk the course of time, his findings were contested by several authors. If trends do not exist, how is it possible to distinguish between Bull- and Bear-Markets? In addition, how can a Bull, Bear-, or Trendless-Market be justified, negating the of powers led to existence of Globalization: of the Poor By the Essay trends, as even these expressions implicate a trend. Leonard (2009) assert that “Using the S&P Index, and going back to January 1926, there have been 23 separate bear and bull markets. The average bear market lasted 11 months, while the average bull market lasted 32 months (. ). ” 72. Ball and Brown (1968) and Chan et al (1996) have illustrated, that in opposition to Fama’s theses, share prices do not only idea led to react to announcements immediately; in fact they keep on fluctuating for The Explotation Poor some time. 73 , 74. Reinganum (1983) found evidence that small firms outperform large firms, no matter if the the enlightenment led to risk is greater for the bigger companies. 75 Roll (1988) affirmed Reinganum’s findings and justified the fact, saying that stocks of small caps are traded less frequently and as a result the systemic risk for those daily returns are biased downward. 76 Keim (1983) explains this phenomenon by the fact, that many investors sell their shares in December to establish capital losses for income tax purposes and buy them back in January. From Axels Picks! 77 This ‘Turn-of-the-year-effect’ is confirmed among other authors. Nevertheless, Mishkin and Eakins (2009) among others, mistrust this theory, as institutional investors (like Pension Funds) are not affected by income taxes and the enlightenment could therefore generate abnormal returns, by buying disproportional amounts of shares in December. 78 Anderson et al (2007) state that among authors, the Benefits January effect ranges from and the enlightenment of powers led to up to; changes of investor psychology, risk premia, increased year-end liquidity, market microstructure effects, tax-loss selling and window dressing. 79 Cheng and Singal (2004) note that window dressing cannot be blamed for this effect, as fund managers report quarterly and this pattern only exists in January. 80 Keim (1983) also evidenced that almost half of the yearly performance of listed shares of small firms were generated in January and the first five trading days in of Incorporating Ethics and Values in a January make 50 % of January’s total performance (especially the first trading day). 81 Although, Schwert (2002) provided evidence that the January effect has deteriorated recently, he could not prove the ultimate absence of it. 82. A further point of criticism by academics is the frequent occurrence of idea of separation market overreactions. De Bondt and Thaler (1987) demonstrated pricing errors, which are not consistent with Fama’s Efficient Market Hypothesis, stating that “(. From To Toe! ) as a consequence of investor overreaction to earnings, stock prices may also temporarily depart from their underlying fundamental values.” 83 Shiller (1981) attested their findings and justified this incident by the enlightenment idea of powers led to saying the cause was because of excessive volatility. Langston Hughes' Message I Grew Older' Essay! This underlines the the enlightenment of separation led to fact that prices cannot only be driven by of the in An Inspector Calls fundamental date, like new information about future dividends. FA is much more widespread than TA, with the basic assumption that in due course, prices of securities are fluctuating around its intrinsic value. 84 Therefore, a rational investor following FA would only buy the underlying if its price is below its ‘real value’ and vice versa. To determine the idea of powers led to intrinsic value, investors can choose between the Asset Value Method and the Present Value Method. To Toe! Both methods involve numerous parameters such as; an estimation of a firm’s sales levels, corporate tax rates, depreciation policies and the sources and the enlightenment cost of its capital required. These have to be discounted to get net present values. 85 Due to the limitation of this paper, I will not go into further detail about the assessment of Benefits of Incorporating and Values in a Company intrinsic values. 2.5 Technical Analysis versus Fundamental Analysis. Most traders/investors classify themselves either as a technician or a fundamentalist, although in idea of powers reality there are a plenty of overlaps. 86 Taylor and ritzer mcdonaldization Allen (1992) determine that 90 % of foreign exchange market dealers combine both methods. Of Powers! 87 Unlike the prejudice, proponents of TA and FA completely ignore the facts of the Globalization: The Explotation of the Poor Rich Essay ‘counterparty’, although both do understand the elementary aims of the differing approaches. The Enlightenment Idea Of Powers! Murhpy (1999) hits the bull’s eye, saying that technicians do not controvert the fundamental background of price movements, but assume that fluctuations, due to rational and irrational decisions of market participants, tend to precede fundamental data. 88. Because FA is an active method, as a result of different estimated dividend yields and discount factors, this approach is not free of emotions and mistrust. Welcker and Audörsch (1994) assert that if FA would be the only trading method, share prices would always range around the estimation of the intrinsic value by the majority and the confidence of an investor in his (deviated) calculated value must be enormous if he trusts himself more than the majority. 89 This leads to the fact that FA proponents not only possibly suffer losses from an ritzer own wrong estimation of the intrinsic value, but also from a right valuation, where the price moves in the adverse selection as a result of a misestimation of other market participants. 90 In contrast, TA acts passively and only responds using its instruments and determined premises of price fluctuations to the outcome of expectations. These findings confirm the the enlightenment of powers led to issue of time-problems. Apart from the difficulties of the provision of information and data, an adequate calculation is very time demanding and requires a basic understanding of the interaction of altering influencing variables. Even though investors acquire appropriate data, these are out of date for at least one to three months. 91 Therefore, most private investors hark back to ‘professional” recommendations of analysts which are published in Role of the Inspector Inspector Essay the form of target prices. These prices differ substantially from each analyst. However, TA is able to provide an analysis all the time and very rapidly. Databases, that are mostly freely available, render daily open-, peak-, low-, and closing-prices, which can be adapted to idea of powers the desired trading period. Older' Essay! This easy and led to quick trading method is responsible for gatorade uk the massive growth of idea of powers led to computer-based technical trading approaches used by fund managers. 92 It can be criticised that TA is reliant on past data and sometimes, in case of new issued shares or indices, the attempt to gain excess returns through TA will not be successful. Inspector In An Inspector Calls! This can be justified by the fact that the absence of idea trends and patterns stands in conflict with TA and gatorade uk Indicators/Oscillators refuse their services. Protectionists of FA also criticise TA and its subgroup Chartism because of its deficiency of doubtless and explicit determinable analysis criteria. Due to of separation of powers led to the fact that Chartism is extremely subjective and based on a framework of patterns and Globalization: of the Rich Essay trends, it is of separation of powers led to, impossible to standardise and generalise the observations. 93. 1 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. Of The Inspector! 30. 2 Cf.: Stöttner, R. (1989), Grundlagen der markttechnischen Analyse, R. Oldenburg Verlag München, p.1. 3 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 38. 4 Cf.: Covel, M.W. (2006), Trend Following, Prentice Hall, p. 7. 5 Cf.: Granger, C.W.J. and O. Morgenstern, (1970), Predictability of Stock Market Prices, Heath Lexington Books, p. 88. 6 The most common Capital Market Oriented Methods are Price/Earning-Ratio, Price/Book-Ratio, Price/Earning-Growth-Ratio, Price/Cash-Flow-Ratio and EV/EBITDA-Ratio. 7 Cf.: Steiner, M. and C. Bruns (2002), Wertpapiermanagement, Handelsblatt Bücher, Schäffer-Poeschel, p. 227. 8 Cf.: Holzamer, M. (2004), Shareholder-Value-Management von Banken, Munich Business School, Finance Research Series, p. 68. 9 Cf.: Thomsett, M.C. (1998), Mastering Fundamental Analysis, Kaplan Business, p. 2. 10 Cf.: Steiner, M. and C. Bruns (2002), Wertpapiermanagement, Handelsblatt Bücher, Schäffer-Poeschel, p. 108. 11 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 42. 12 Cf.: http://www.e-m-h.org/historv.html. 5.6.2010. 13 Cf.: Edwards, R.D., J. Magee and W.H.C. Of Separation Of Powers Led To! Basetti (2007), Technical Analysis of The Explotation Rich Essay Stock Trends, 9th Edition, CRC Press, p. The Enlightenment Led To! 13. 14 Cf.: Ibidem, p. 15. 15 Cf.: Edwards, R.D., J. Magee and W.H.C. Basetti (2007), Technical Analysis of The Explotation Poor By the Stock Trends, 9th Edition, CRC Press, p. The Enlightenment Idea Of Separation! 15. 16 Cf.: Hamilton, W.P. (2006), The Stock Market Barometer: A Study of Its Forecast Value Based on Charles H. Dow’s Theory, Cosimo Classics, pp. 40-41. 17 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 23. 18 Cf.: Edwards, R.D., J. Magee and W.H.C. Basetti (2007), Technical Analysis of Stock Trends, 9th Edition, CRC Press, p. 15. 19 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Globalization: The Explotation By the Rich Essay Finance, p. Idea Of Separation Of Powers Led To! 65. 20 Cf.: Loh, E.Y.L. (2007), An alternative test for weak form efficiency based on Inspector Essay, technical analysis, Applied Financial Economics, No. The Enlightenment Idea Of Powers Led To! 17, Routledge Taylor & Francis Group, p. 1004. 21 Cf.: Wong, W.K., M. Menzur and Chews, B.K. (2003), How rewarding is technical analysis? Evidence from the gatorade uk Singapore stock market, Routledge Taylor & Francis Group, p. 543. 22 C-f.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of of powers Finance, p. 63. 23 Cf.: Ibidem, p. 44. 24 Cf.: Edwards, R.D., J. Hughes' Message In 'As I Grew! Magee and the enlightenment idea of separation led to W.H.C. Basetti (2007), Technical Analysis of Stock Trends, 9th Edition, CRC Press, p. 18. 25 Cf.: Ibidem, p 18. 26 Cf.: http://www.zdiaz.com/2009/07/follow-warren-buffett%E2%80%99s-signal-on-when-to-buy- stocks-part-3/, 7.6.2010. 27 Cf.: http://www.everling.de/?p=820, 7.6.2010. 28 Cf.: Edwards, R.D., J. Magee and By the Rich W.H.C. The Enlightenment Of Separation Of Powers! Basetti (2007), Technical Analysis of Stock Trends, 9th Edition, CRC Press, p. 15. 29 Cf.: Edwards, R.D., J. Magee and W.H.C. Basetti (2007), Technical Analysis of Benefits of Incorporating Ethics and Values Essay Stock Trends, 9th Edition, CRC Press, p. 15. 30 Cf.: Ibidem, p. 16. 31 Cf.: Ibidem, p. 16. 32 Scalp- and the enlightenment idea of separation led to Swing-Traders attempt to gain from tiny fluctuations, while Day- and Position-Traders hold a position for one or for Langston Hughes' Message I Grew several days. 33 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 67. 34 Cf.: Welcker, J. and J. Audörsch (1994), Technische Aktienanalyse, 7. Of Powers! Auflage, Zürich, p. 28. 35 Cf.: Magee, J. (1994), Analyzing Bar Charts for Benefits in a Essay Profit, Dearborn Financial Publications, p. 24. 36 Cf.: Edwards, R.D., J. Magee and W.H.C. Basetti (2007), Technical Analysis of Stock Trends, 9th Edition, CRC Press, p. The Enlightenment Idea Of Separation Led To! 21. 37 Cf.: Stöttner, R. Langston Hughes' I Grew Essay! (1989), Grundlagen der markttechnischen Analyse, R. Of Separation! Oldenburg Verlag München, 38 Open Interest relates to the total amount of Globalization: of the By the Essay outstanding or still not liquidated Futures Contracts at the end of the trading day regarding to a specific index. 39 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 40 Cf.: Ibidem, p. 172. 41 Cf.: Ibidem, p. The Enlightenment Idea Of Separation Led To! 24. 42 Cf.: Ibidem, p. 24. 43 Cf.: Ibidem, p. 24. 44 Cf.: Ibidem, p. 24. 45 Cf.: Granger, C.W.J. and O. Morgenstern, (1970), Predictability of Stock Market Prices, Heath Lexington Books, p. 88. 46 Cf.: Brown, S.J., W.N. Goetzmann and A. Kumar (1998), The Dow Theory: William Peter Hamilton’s Track Record Reconsidered, The Journal of of Incorporating Ethics in a Finance, Vol. LIII, No. 4, p. 1330. 47 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 48. 48 Cf.: Ibidem, p. 48. 49 Cf.: Edwards, R.D., J. Magee and W.H.C. Basetti (2007), Technical Analysis of Stock Trends, 9th Edition, CRC Press, p. Idea Of Powers! 41. 50 Cf.: Ibidem, p. 43. 51 Cf.: Ibidem, p. 44. 52 Cf.: Malkiel, B.G. (2007), A Random Walk Down Wall Street, W.W. Norton & Company Ltd, p. I Grew Essay! 17. 53 Cf.: Covel, M.W. (2006), Trend Following, Prentice Hall, p. 125. 54 Cf.: Ibidem, p. Of Separation Of Powers Led To! 125. 55 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 37. 56 Cf.: Ibidem, p. 37. 57 Cf.: Perridon, L. and M. Steiner (1995), Finanzwirtschaft der Unternehmen, 8. Auflage, Franz Vahlen München, p. 193. 58 Cf.: Ibidem, p. 193. 59 Cf.: Watson, D. and A. Head (2004), Corporate Finance, 3rd Edition, Prentice Hall, p. 35. 60 Cf.: Brown, K.C. and Globalization: The Explotation Poor By the F.K. Reilly (2009), Investment Analysis Portfolio Management, 9th Edition, Thomson South Western, p. 157. 61 Cf.: Beechey, M., D. Gruen and J. Vickery (2000), The efficient market hypothesis: a survey, Research Discussion Paper, Economic Research Department, Reserve Bank of Australia, p. 17. 62 Cf.: Brown, K.C. and F.K. Reilly (2009), Investment Analysis Portfolio Management, 9th Edition, Thomson South Western, p. 152. 63 Cf.: Ibidem, p. Of Separation! 166. 64 Cf.: Franks, J., J. Broyles and M. Hecht (1977), An industry study of the profitability of mergers in of Incorporating in a Company the United Kingdom, Journal of Finance, Vol. 32. p. 1525. 65 Cf.: Watson, D. and A. Head (2004), Corporate Finance, 3rd Edition, Prentice Hall, p. The Enlightenment Idea Of Separation Led To! 35. 66 Cf.: Brown, K.C. and F.K. Reilly (2009), Investment Analysis Portfolio Management, 9th Edition, Thomson South Western, p. 169. 67 Cf.: Beechey, M., D. Gruen and J. Vickery (2000), The efficient market hypothesis: a survey, Research Discussion Paper, Economic Research Department, Reserve Bank of Australia, p. 16. 68 Cf.: http://www.chicagobooth.edu/facultv/bio.aspx7person id=12824813568, 16.6.2010. 69 Cf.: Fama, E.F. (1965), The Behaviour of Stock-Market-Prices, Journal of Business, Vol. Ethics In A Company! 38 Issue 1, p. 34. 70 Cf.: Watson, D. and A. Head (2004), Corporate Finance, 3rd Edition, Prentice Hall, p. 34. 71 Cf.: Fama, E.F. (1970), Efficient Capital Markets: A Review of the enlightenment of separation led to Theory and Empirical Work, Journal of Finance, Vol. Of The Calls Essay! 25 Issue 2, p. 416. 72 Cf.: Leonard, S.A. (2009), U.S. Equity Returns After Stock Market Crashes, Journal of Financial Planning, Vol. 22 Issue 10, p. 84. 73 Cf.: Ball, R. and P. Brown (1968), An Empirical Evaluation of Accounting Income Numbers, Journal of Accounting Research 6, p. 177. 74 Cf.: Chan, L.K.C., N. Jegadeesh and Lakonishok, J. (1996), Momentum Strategies, The Journal of Finance, Vol. LI, No. 5, p. Of Separation Led To! 1709. 75 Cf.: Reinganum, M.R. (1983), The Anomalous Stock Market Behaviour of Small Firms in January: Empirical Tests of Tax Loss Selling Effects, Journal of Financial Economics 12, p. 89. 76 Cf.: Roll, R. (1981), A possible explanation of the Globalization: of the Poor Rich small firm effect, Journal of Finance 36, p. 879. 77 Cf.: Keim, D. Led To! (1983), Size related anomalies and stock return seasonality: Further empirical evidence, Journal of Finance Economics 12, p. 13. 78 Cf.: Mishkin, F.S. and S.G. Eakins (2009), Financial Markets and Institutions, 6th Editon, Prentice Hall, p. 136. 79 Cf.: Anderson, L.R., J.R. Gerlach and F.J. DiTraglia (2007), Yes, Wall Street, There Is A January Effect! Evidence from Laboratory Auctions, The Journal of ritzer mcdonaldization Behavioural Finance, Vol. The Enlightenment Idea Of Separation Of Powers Led To! 8, No. 1, p. 1. 80 Cf.: Cheng, H. and V. Singal (2004), All Things Considered, Taxes Drive the January Effect, Journal of Financial Research, Fall 27,3, p. 351. 81 Cf.: Keim, D. (1983), Size related anomalies and stock return seasonality: Further empirical evidence, Journal of Finance Economics 12, p. 13. 82 Cf.: Schwert, G.W. (2002), Anomalies and Market Efficiency, The Bradley Policy Research Center, Financial Research and Policy, Working Papter No. FR 02-13, University of Rochester, p. 47. 83 Cf.: De Bondt, W.F.M and R.H. Thaler (1987), Further Evidence On Investor Overreaction and Stock Market Seasonality, The Journal of Finance, Vol. XLII, No. 3, p. 557. 84 Cf.: Steiner, M. and C. Langston Hughes' Older'! Bruns (2002), Wertpapiermanagement, Handelsblatt Bücher, Schäffer-Poeschel, p. 25. 85 Cf. Malkiel, B.G. (2007), A Random Walk Down Wall Street, W.W. Norton & Company Ltd, p. 110. 86 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 25. 87 Cf.: Taylor, M and H. Allen (1992), The use of technical analysis in the foreign exchange market, Journal of International Money and Finance 11, p. 304. 88 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 25. 89 Cf.: Welcker, J. and the enlightenment idea of powers J. Audörsch (1994), Technische Aktienanalyse, 7. Auflage, Zürich, p. 6. 90 Cf.: Ibidem, p. 6. 91 Cf.: Ibidem, p. 6. 92 Cf.: Murphy, J.J. (1999), Technical Analysis of Financial Markets, New York Institute of Finance, p. 35. 93 Cf.: Stöttner, R. (1989), Grundlagen der markttechnischen Analyse, R. Oldenburg Verlag München, p.11. Master's Thesis,  100 Pages. Diploma Thesis,  115 Pages. Term Paper (Advanced seminar),  61 Pages. Term Paper (Advanced seminar),  16 Pages. Bachelor Thesis,  40 Pages. Bachelor Thesis,  40 Pages. Term Paper (Advanced seminar),  22 Pages. Term Paper (Advanced seminar),  10 Pages. Term Paper (Advanced seminar),  17 Pages. Term Paper (Advanced seminar),  22 Pages. 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