Co-Operative Education Placement Organisation - PowerPoint Presentation Example

LEARNING GOAL 2: ORAL PRESENTATION SPEECH of Contents Contents 2 Cover Slide 3 Contents Slide 3 Slide: Overview: Co-Operative Education Placement Organisation 3 Slide: Role With Mefic Capital Company 4 Slide: Key Tasks 4 Slide: Purpose of Work 5 Slide: Value Added to Company 5 Slide: Value Added to Self 6 Slide: Thank You 6 References 7 Cover Slide Good morning to all present here, I am going to present my co-operative education placement organisation, Mefic Capital Company in Riyadh, Saudi Arabia, and how I have been able to apply my knowledge and demonstrated the ability to use my major field of study while working with this company, as part of the oral presentation of our coursework. Allow me to take you through the presentation at first. Contents Slide As we go through the presentation, I will first begin with introducing my placement company and describe by job role here. We will move on to hear more about my knowledge application from the field of finance during my work with Mefic Capital. We will also discuss the three key tasks that I have undertaken in association with the company during my internship, in greater detail and move on to discuss the value addition I have created during my cooperation with Mefic Capital Company. Slide: Overview: Co-Operative Education Placement Organisation I had worked with Mefic Capital Company for a period of about 9 weeks, where I was exposed to different legal, ethical, financial, functional and team building activities. Mefic, or Middle East Financial Investment Company, is a provider of financial services to both individual and corporate clients in Riyadh. I was placed as an accounts assistant during my internship, and worked under a very knowledgeable team of accounts executives of the company. The internship allowed me to do a lot of number crunching and understand the business of money making while working under close supervision of the accounts manager. Such tasks included financial analysis, scrutinising financial statements and documents of clients, and learning practical applications of corporate finance, accounts payable and asset management. I was required to prepare financial reports, analyse risk and evaluate balance sheets and other financial statements during my association with the company, which indeed gave me a very holistic and intensive experience within a very short span of time. In the soft skills training, I gained a good experience in handling clients and advising on various financial investments (Al-Hamidy, n. d.). Slide: Role With Mefic Capital Company My role with the company was indeed one that required intense financial knowledge and the ability to assess financial statements in great detail. I have also made extensive use of financial knowledge learnt within our course during my internship with Mefic Capital Company. I had been working as Financial Editor at Mefic Capital Company, where I mainly edited reports in concert with financial results of various organisations. Such organisations are mutual funds as well as corporate companies which are of key interest to the clients of my company (Dolan, 2008). Mefic Capital Company dealt in various financial services for their clients, such as wealth management, asset management, corporate finance, brokerage and custody. In order to get more customers and provide effective financial services to them, they prepare various financial reports to show how various funds or companies perform. These reports are prepared and reviewed by the organisation so as to make their customers responsive to the performance of these funds and companies, and thus the position of their investments or the prospect of their future investments. Hence, accuracy and validity of such reports were of critical importance to the company, and applying knowledge at work is learning (Lee, et al., 2004; Gaskell & Rubenson, 2004; Linn, Howard & Miller, 2012). Slide: Key Tasks We will now move on to discuss the 3 key tasks that I handled while with Mefic Capital Company, and see how finance knowledge was applied in the three instances. The first major task that was undertaken was verifying the transactions and posting them in journals, ledgers or other books of accounts. This might be an entry level accounts treatment, but when practical implementation is undertaken, such activities need a lot of application of the FASB, or the Financial Accounting Standard Board. Knowledge about various accounting standards was applied and a lot of practical knowledge on its application was implemented. This work also included preparing invoices and vouchers. This gave me a lot of understanding about the business of financial service provision. I was also involved in handling and reconciling books of accounts, reviewing invoices and sorting the client documents on the basis of account number, name and payment invoice. This work involved a lot of organisation and preparation, which gave me hands-on experience to practical management of financial service providers. Slide: Purpose of Work My work required me to do a lot of communication with different divisions of the company. Communication is not only vertical but also horizontal (Cornelissen, 2008; Ragusa, 2011). This included interactions with the sales team, customer servicing team and other departments so that tasks could be done quickly and efficiently. Different functional activities that relate to asset management, corporate finance and investment banking provided working knowledge of these subjects within the context of financial product servicing to clients. Such exposure provided me with a lot of market information in relation to other financial markets and institutions. Apart from this, financial knowledge acquired as part of my education also came useful while calculating return on investment, capital structure, sources of capital and projecting valuations for the company. Here, the tools of corporate finance and investment banking were used intensively. A lot of finance knowledge was also applied while preparing a competitor analysis report where key competitors of the company were analysed on the basis of financial performance, stock performance and market standing in the Saudi Arabian market. Slide: Value Added to Company I had worked with an advertising company before my experience with Mefic Capital Company. This gave me quite an edge while dealing with the company’s clients and advising them on financial investments and making investments with the company. I also have a good knowledge of finance and learnt well of the financial products that the company offered, owing to my quick learning ability. I had acquired client dealing and PR skills during my association with the advertising firm, and it came in quite handy when I was dealing with people and advising them on investments. Competitor analysis through application of financial knowledge was also facilitated by way of preparation and editing of financial reports (Stanovich & West, 2008). I also worked in a lot of teams in the past, and this has made me capable of shifting quickly and efficiently between tasks. Mefic Capital Company required me to learn different operational functions for assisting managers in other departments, such as asset management, corporate finance and investment banking, and apply such learning along with computer skills, and to carry out a very good competitor analysis using ratio analysis, market study, business skills and strategic analysis to provide an overview of the market standing of the company as against its peers. I added value through my strong analytical and numerical skills. Slide: Value Added to Self In terms of self-development in the work field, I would like to emphasise that my experience with Mefic Capital has indeed been a value addition to self-development. The hands-on experience in working and functioning as financial advisor enriched my practical knowledge about the financial field. This also made me ready to work to a certain extent. Self-value addition was in terms of knowledge acquired in interaction with project guides and mentors and also through the process of various departments of the company. The financial analysis of reports, and the preparation and editing of such reports resulted in a lot of addition to my knowledge about the financial field. The practical analysis of data made me understand the importance of the study of finance. In communication with various clients while sourcing business for the company, I realised that I had improved a lot upon my communication with people, which will help me in future industry experience. Slide: Thank You I have had a very enriching experience within a very short span of time. Thank you. I am now open to any questions. References Al-Hamidy, A. (n.d.). The global financial crisis: Impact on Saudi Arabia. BIS Paper, 54, 347–357. Cornelissen, J. (2008). Corporate communication: A guide to theory and practice. London: SAGE Publications Ltd. Dolan, K. (2008). Morningstars approach to analyzing mutual funds. Morningstar. Retrieved from http://news.morningstar.com/articlenet/article.aspx?id=231481. Gaskell, J. S., & Rubenson, K. (2004). Educational outcomes for the Canadian workplace: New frameworks for policy and research. Toronto: University of Toronto Press. Lee, T., Fuller, A., Ashton, D., Butler, P., Felstead, A., Unwin, L., & Walters, S. (2004). Learning as work: Teaching and learning processes in the contemporary work organisation. University of Leicester. Retrieved from http://learningaswork.cf.ac.uk/outputs/Workplace_Learning_Final.pdf. Linn, P.L., Howard, A., & Miller, E. (2012). Handbook for research in cooperative education and internships. London: Routledge. Ragusa, A. (2011). Internal communication management. London: Bookboon. Stanovich, K. E., & West, R. F. (2008). On the relative independence of thinking biases and cognitive ability. Journal of Personality and Social Psychology, 94, 672–695. Read More