UCLA Applicants 4 Main Steps to Follow When Applying for College

It is never too early to start prepping for the college application process. Just like any other big step in life, and perhaps more so, the success of the outcome will depend on the level of preparation one puts into it. When applying to UCLA especially, it is important to note that this is the university that receives the most applications in the US, and one with some of the most selective processes. In order to get in, here are some things you must consider. 1. Goal and Needs Assessment Ultimately, there is a reason in every important step taken in one’s life; this is the same for college. When beginning UCLA application process, it plays a huge role to assess and understand your goals and the reason for choosing a particular field. Think about your career goals, where you want to live, religious affiliations, whether you might thrive in an environment that has more or fewer students and the kind of educational experience you would like to have there. This is important because UCLA will ask questions and consider your goals and needs when evaluating your application. For instance, they will ask you personal insight questions about what you have done and are hoping to do to stand out as a candidate and a student at the university. 2. Gather Information In order to gain admission at such a prestigious university, it is important to have as much information as possible about your prospective course, department and the application process. There are many resources online that help with the application process. For the prospective UCLA students, though, the university website provides a lot of information on what one can do to heighten their chances of admission. For freshman applicants, there is information available about the tests you have to take as well as information you have to provide. 3. Admission Tests Most universities require some sort of tests be done for one to be able to make the formal application. At UCLA, the application tests considered are SAT or ACT. Scores from these tests play a huge role in determining whether one is accepted into their college of choice. 4. The Application Process This is what comes to most people’s minds when they think about applying for a college. In truth, it is simply one of several steps during the application process. UCLA considers the following when evaluating your actual application Official high school transcripts, in most cases, have to be in English. UCLA calculates academic Grade Point Averages (GPA) using courses they have approved from the 10th and 11th grades; The strength of the program chosen in the context of your high school; Whether you have been ranked within the top 9 percent in your school and/or the top 9 percent across the state; Your sustained participation in activities that develop your academic or intellectual abilities. There is no single formula for application and admission into UCLA, and this makes it a particularly popular school for applicants. With the high numbers of people applying, following these steps will help you stand out from the crowd and increase your chances of acceptance.

Shadow Banking A Form Of Regulatory Arbitrage - 1185 Words

Shadow banking can be seen as a form of regulatory arbitrage that provides important financial intermediation functions distinct from those preformed by banks and capital banks [Claessens et al (2012)]. Some of these functions include securitization and collateral intermediation both of which we have partially discussed. One thing that should be pointed out is that, contrary to its name; shadow banking is not completely unrelated to conventional banking. For instance, shadow-banking complements traditional banking by expanding access to credit or by supporting market liquidity, maturity transformation and risk sharing [Nico Valckx et al]. The only major difference between the two banking systems is that shadow banking is not regulated.†¦show more content†¦The shadow banks responded to this by trying to issue new securities and force selling the underlying collateral. However due to the aforementioned slump in mortgages and real estate prices, this response failed and the va lue of these repurchase agreements continued to decline whilst the haircuts continued to increase. Due to this, lenders refused to offer short-term loans whilst haircuts grew to new highs. This meant that repo lending drastically decreased and lead to the collapse of the shadow banking system. To highlight the extremity of the above scenario, Figure 2 shows the drop in the US repo market before and after the 2008 recession [Financial Times (2013)] [Figure 2]. In retrospect, due to the above events, regulators became concerned by the use of repo agreements and the simultaneous use of haircuts in these agreements. These regulators were concerned that haircuts would amplify negative market trends and in situations where asset prices were falling, the increases in haircuts in response to the loss of confidence in an asset could reduce the liquidity of market users who may then sell assets, and so reducing the price of the asset and causing the haircuts to further increase [ICMA]. They believe that this scenario contributed greatly to the current financial recession. However, there are some arguments against thisShow MoreRelatedBasel Norms2920 Words   |  12 Pagesof the Basel Accord in 1998 and how it has evolved over the course of the last 23 years. Contrary to the popular belief capital regulations have been considered the biggest underlying factor of the subprime crisis owing to securitization, the shadow banking system and the flexibili ty given to banks in risk assessment. The recent Basel III norms though aim to mitigate the already caused damage, the results are still left to be witnessed. 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Honduras Essay Example For Students

Honduras Essay Located in middle Central America, Honduras is a tropical country named afterthe depth of the water along the northern border of the Caribbean Sea (LexisNexis). Nicaragua to the South and Guatemala and El Salvador to the West borderHonduras. The climate in Honduras varies depending upon the region. Along thecoast the weather is hot and dry, yet, in the mountain ranges it stays cool thewhole year round. Honduras is the third poorest country in the world. There arefew corporations, universities, and land for the citizens to settle on inHonduras, causing many citizens to immigrate to other countries to find newopportunities. Due to the lack of employment, education, and land, Hondurancitizens immigrate to the United States in order to find a better life. Hondurasis a very racially diverse country. Their backgrounds, housing, and economicpatterns differ greatly than those of Americans. Ninety percent of the residenceon the island are Mestizo or Ladinos while the other ten percent are poo r groupsknown as the Garifuna and the blacks of the West Indies. The Garifuna and theblacks of the West Indies make up the problem of emigration in the states. Bythe 1980s there was economic and political crisis in all of Central Americaand the number of emigrants shot up. In Honduras, at this time, there was anational economic plan (American Immigration Cultures 395). This plan tookaway much of the land from the common folk, and Honduras economy was so bad thatthere were no jobs to offer. This sparked the spike in emigration to the UnitedStates. At this time there was also a spike in the tuition for college andconsidering that there are only a few universities in the country. Emigration tothe U.S. started subtly. Much of the emigration is connected to the UFCo and theStanford Fruit Company, which at one time monopolized all the banana trade. Culture And CustomsThe Native American and Spanish strains in Honduran cultural history isvisible in the awesome architecture. Fine Arts in Comayagua, the old capitalhas long been a custom to our southern neighbors. in northwestern Honduras is aceremonial center of the Old Empire of the Maya and one of the most importantarchaeological sites in the entire western hemisphere. Type Of GovernmentThe constitution of Honduras was formed in 1982. Under the Constitution,the people elect a president and the members of the legislature serve four-yearterms. Presidents can only serve one term. The cabinet is appointed by thepresident. The military has allot of the influence in the government ofHonduras. Military leaders are completely responsible for its national securitypolicies and they can veto any of the presidents appointments to the cabinet. Military leaders have often taken complete control of the government in the past. EducationIn this country education is free and compulsory for children betweenthe ages of 7 and 12. Although the literacy rate stands at 73% the governmentpledges to raise it. The Pan American Agricultural School, financed by theUnited Brands Company of the United States, is near the capital. LanguageSpanish is the official language and is spoken by nearly all theHonduran people. English is spoken by some people in the north, and the NativeAmericans have retained their languages. ReligionAbout 85% of the people are Roman Catholic. Protestants constitute asmall minority. Type of CurrencyThe unit of currency in Honduras is the lempira, which is divided into100 centavos. 6.91 lempiras equal $1.00 to the US as of 1993. Governmentcontrolled municipal Bank and national Agricultural development Bank providecredit for developmental projects. AgricultureAbout 16% of the total land area of Honduras is arabel, most of it onthe coastal plains. The leading cash crop are coffee and bananas and plantains. Other important crops include sugarcane and palm oil. The principle food cropsare corn, beans, and rice. Citrus fruit and pineapples also are grown. Medical InformationIn recent years public health services in Honduras have been made moreaccessible through an increase in modern health units. Also through thedevelopment of community participation in health programs. These programs haveresulted in malaria control, improved sewage, and increased medical personnel. Unfortunately, malnutrition, inadequate housing, and infant diseases are still aproblem. ClimateThe climate of Honduras is Tropical but is tempered by the higherelevations of the interior. Coastal regions are warmer and the humidity canbecome high. This all added together gives the Honduras nation an average 80degrees F. or 26.7 degrees C. Well now that you have taken the time to learn a little bit of facts ofthe Great Latin country of Honduras, I hope you will take some time to visitthis rich cultured country. I am confident that you will enjoy this awesomeexperience!History