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Oil price fluctuations and their impact on BRIC countries. Bachelor Thesis, 2013. 60 Pages, Grade: 2. List of abbreviations. Table of figures. 2 Overview of Emerging Markets. 2.1 What is an Emerging Market? 2.2 Emerging Markets vs.

Developed Countries. 3 The BRIC Nation. 3.1.1 Economic Growth and clara essay prompt 2012 Development of BRICs. 3.1.2 BRICs and Growing Middle Class. 3.1.3 BRICs and studies Global Autos Markets. 3.1.4 BRICs and santa clara 2012 Global Capital Markets. 3.1.5 BRICs and Global Energy Markets. 3.2 BRIC as a political club.

4 BRIC and the Crude Oil Market. 4.5 MSCI Indices and the Sharpe Ratio. 5 BRIC and Crude oil price fluctuations. 5.1 Oil price determinants and the oil shock of 2007-2008. 5.1.1 Demand Factors. 5.1.3 Market Power. 5.1.4 Investor Behaviour. 5.2 The 2000s shock. 5.3 Impact of essay titles oil price fluctuations on stock returns in BRICs. 5.4 Risk measures.

5.4.2 Value at Risk (VaR) 5.4.3 Maximum Drawdown. Abbildung in dieser Leseprobe nicht enthalten. Figure 1: Annual GDP Growth Rate in essay % for BRIC and G6 countries. Figure 2: World’s Middle Class. Figure 3: China’s crude oil imports by source, 2011. Figure 4: Histogram for MSCI Indices. Figure 5: Movement of WTI average spot crude oil price and demand of developed countries,2002-2012.

Figure 6: Crude Oil Spot Prices for WTI in USD per barrel. Figure 7: Market Price of PetroChina, Lukoil, Petrobras and ONGC from 2002-2012. Table 1: Economic Indicators for Brazil. Table 2: Economic Indicators for Russia. Table 3: Economic Indicators for India. Table 4: Economic Indicators for China. Table 5: Returns and list for essay writing Volatility for MSCI Indices.

Table 6: Sharpe Ratio (SR) for MSCI Indices. Table 7: Summary of essay Statistics. Table 8: Volatility. Table 9: Value at Risk. Table 10: Maximum Drawdown. The last decade was marked by the global financial crisis, the biggest recession since World War II, which led to turmoil on financial markets, bankruptcies of investment banks and cover letter event slow growth in nearly all developed countries.

With only an average annual growth rate of 1.5% since 2010 1 the biggest developed economies recovered only moderately from the essay prompt crisis. Back in 2001 Jim O’Neill had already realized it was time to focus on new countries. In his opinion the four largest fast growing emerging economies were Brazil, Russia, China and India. Thus he created the acronym BRIC which symbolizes a power shift from developed countries to developing ones. In 2010, the year after the crisis their annual growth rate was about case studies 8.2% 2 compared to the weak 2.7% of developed countries. This goes along with forecasts that sug- gested a rise in santa essay 2012 capital, automotive and gay in popular q queer oil market leading each of the BRICs to overtake the major developed countries.

Among these the clara essay prompt most important market seems to be the event coordinator oil market and more specifically the crude oil market. Crude oil has a share of 34% 3 of the world’s primary energy consumption and is likely to remain the same for many more decades. BRIC countries are large oil con- sumers and since 2011 have surpassed the United States (US) in oil consumption. Their strong representation in the crude oil market justifies a further analysis on each country’s status. Ac- cording to Hamilton (2009) the crude oil price development was strongly correlated to the financial meltdown. Thus, understanding the impact of oil price fluctuations can create a path towards a sustainable future growth The target of this paper is to clara prompt 2012 examine O’Neill’s growing theory by investigating the crude oil market for Brazil, Russia, India and China. Culture Essay Lesbian Series. Furthermore analysing the effect of oil price fluc- tuations on each country’s financial market completes the assumptions in a quantitative man- ner. The first part is a short introduction to future predictions in order to santa clara university essay 2012 understand the power of BRICs. The second part shows the vital status of oil for each BRIC country in conjunction with some economical background. A spotlight is put on the financial crisis years because they act just like an examination for the resistance of these countries against case studies, turmoil. Fur-thermore, the theory is tested using a Sharpe Ratio for the equity market performance.

The last part deals more precisely with the latest oil price shock. Analysis of an existing research paper gives further information on how each equity market behaved during bullish and bear- ish markets. As this study only university prompt 2012, comprises years up to 2007, a more precise quantitative re- search is added that includes years of the shock and years in essays the aftermath of the shock. Thus, the periods of 2002-2007 and 2002-2012 are compared using several risk measures for stocks of oil leading companies. Finally, the conclusion summarizes the qualitative and quantitative findings. The research material is derived from journals, articles and internet sources from economic organizations. The term “ Emerging Country ” or “ Emerging Market ” was coined by a World Bank econo- mist in the 1980s expressed as a country to be temporary in a phase between developing and developed status.

Fifty years later the definition emerging market has been extended in many ways from political to financial ones. For example, an investor would describe it as a country, in clara university prompt 2012 which an investment would achieve higher returns but is affiliated to greater risk. 4 A more generic expression would be that emerging countries are characterized by rapid growth and an industrialization process, which transforms a civilization from an agrarian society into an in- dustrial one. However, a practical definition for an emerging economy was suggested by a French economics professor, Julien Vercueil, who gave the term the following characteris- tics. 5. Intermediate income: A country’s purchasing power parity (PPP) per capita income lies between 10% and 75% of the average European Union (EU) per alexander the great accomplishments, capita income.

Catching up growth: A country has experienced a vigorous economic growth during at least the last decade and having the effect of santa clara essay prompt 2012 diminishing the gap to more advanced economies. Institutional transformations and economic opening: An institutional transformation has taken place during the last decade as well, which integrated a country more deeply into list of adjectives for essay writing, the world economy. Santa Essay Prompt 2012. Furthermore, open door policies provide a basis for marketoriented globalization. Although there is no standard list of accomplishments emerging countries, the most commonly used come from investment information sources such as the Morgan Stanley Capital International (MSCI) Emerging Market Index, International Monetary Fund (IMF) and ISI Emerging Markets. However, the MSCI Emerging Market Index represents a combined stock performance of the following 23 emerging market country indices: Brazil, Chile, China, Columbia, Czech Repub- lic, Egypt, Greece (reclassified from developed market since 2013), Hungary, India, Indone- sia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates. 6 In addition, IMF considers smaller economies like Bulgaria, Estonia, Latvia, Lithuania, Pakistan, Romania and santa Venezuela of being emerging markets as well. 7. 2.2 Emerging Markets vs. Developed Countries.

An export-driven strategy makes an emerging country stand out from a developed country as domestic demand in emerging countries is low or does not even exist. Hence, the production of lower-cost consumer goods and commodities for their industrialized counterparts leads to higher profits for these companies. Furthermore, higher revenues lead to higher stock prices making them more attractive to investors. 8. While the US, Japan and Europe are faced with a prolonged period of case studies slow growth caused by several crises in clara essay prompt the last decade, the performance of list writing emerging countries outgrows. In 2009 when the crisis hit the whole world the gross domestic product (GDP) of developed countries dipped by 3.4%. Whilst in contrast GDP of clara university essay prompt 2012 emerging countries still registered a 2.6% growth, mainly caused by developing Asia. In particular China and culture culture essay gay in series India boosted the university prompt 2012 world economy while other economies, developed and developing ones, languished at lower levels. Since 2010, both countries continued rising by an average annual rate of 9.1% and culture essay gay in lesbian series 7.1% respec- tively. 9.

Previously in 2001, chief economist of Goldman Sachs, Jim O’Neill, had in mind grouping China and India together with Brazil and Russia. As these countries deemed to santa prompt be at a similar stage of newly advanced economic development, he created with its initials the case studies term BRIC. Jim O’Neill firstly coined the santa clara university essay prompt 2012 term BRIC in his work “ Building Better Global Economic BRICs ” , published in the Global Economic Paper for titles, Goldman Sachs in 2001. He used it as an clara essay acronym for four rapidly growing developing countries, namely Brazil, Russia, India and China. Furthermore, BRIC is a symbol of the shift in global economic power away from the US, Japan, Germany, France, Italy and the United Kingdom (G6) towards the developing world. In general BRICs turned out to be a pillar of stability, which captures attention of scholars, managers, investors and traders. However, what highlights these four countries from cornell essays other encouraging emerging markets are their demographic and economic potential, which even diversified among them, makes them the essay main contributors to the world’s economic growth. Nevertheless, according to Goldman Sachs, BRIC countries will overtake the the great essay G6 by 2032 in US Dollar (USD) terms. India’s econ- omy is expected to overtake Japan’s by 2028 and China’s that of the clara university US by 2026. 10 Further- more, by 2050 BRICs will have reached 40% of global GDP (PPP weighted).

11. These projections are optimistic as the BRICs show reasonably successful development. In the article “ The BRICs and Global Markets: Crude, Cars and accomplishments Capital ” 12 five main topics were listed with each one of them explaining why the BRICs will be the most influential countries. As these ideas came from 2004, the topics were adopted with latest possible data and forecasts. 3.1.1 Economic Growth and Development of BRICs. Currently the BRIC countries encompass a quarter of the world’s land and about 42% of the world’s population.

Moreover, IMF cited that GDP (based on PPP) of santa clara university BRICs was 22 trillion USD in 2012, which accounted for 26.4% of the world’s total GDP. 13. Abbildung in dieser Leseprobe nicht enthalten. Source: Own figure based on essays 2009, data from World Bank: GDP Growth (annual %) [online] Looking at the development of the BRICs and comparing them with the world’s leading G6 it is obvious that since 2001 both groups have been moving parallel but with the difference that BRICs show a sharper GDP increase than the G6 countries. However, between 2001 and 2007 there was a steady increase in GDP growth for BRICs, hitting a peak of santa clara 9.7% in 2007. Cornell. Al- though the financial crisis had caused a steep fall for santa clara university essay, the G6 in 2009, BRICs still grew by an annual rate of 2.4%. Miss Brill Titles. In 2010 a sharp rise of santa essay prompt 8.2% occurred for the BRICs but only miss, a 2.7% for clara essay 2012, the G6. Since 2011 both growth rates are gradually declining, though the margin between BRICs and G6 is still significantly big. 3.1.2 BRICs and Growing Middle Class. The Middle Class includes those with income between 6,000 USD and 30,000 USD 14 per capita and per year 15 and is considered to be an engine for growth and the source of demand.

Thus growth in BRICs middle class will strengthen the domestic market of each country and entrepreneurship studies drive global consumption in the meanwhile stagnating world. Although inequality has been rising within countries, there is a convergence and clara university 2012 narrowing of inequality across the world. Therefore, the cross country distribution is likely to move from a twin-peaked distribution, centring countries on high and low GDP per capita, to a more single peaked one by miss brill titles, 2050. The peak will move on essay prompt, the upper band of the middle class. 16 While China is now considered to be the main driver for this trend India will push this ladder in list for essay writing the next decade. Thus, incomes for both countries are projected to be close to global average. Figure 2: World’s Middle Class. Abbildung in dieser Leseprobe nicht enthalten. Source: Wilson D., Dragusanu R. (2008), pp.5-6 [online] Currently 29% of the world population can be said belongs in santa essay prompt the middle class, whereas this figure will soar to 57% by culture essay gay in q queer, 2050. Essay 2012. 17 Afterwards share of the middle class on entrepreneurship case, population will fall as that share of the middle class will shift towards the higher income class.

Nevertheless, it has to be noticed that despite BRICs high growth rate and clara university essay great future projections, income per capita is more likely to cover letter event coordinator remain far below the level of the santa clara 2012 richest economies. Thus a high contribution rate on list writing, global growth of BRICs is faced with a lower income per capita compared to G6 countries. 3.1.3 BRICs and Global Autos Markets. While the university essay 2012 financial crisis made the developed world’s automotive industry struggle with dramatic revenue and sale falls, markets in the BRIC countries were less and differently affected. Total sales in 2009 in China, India and miss essay titles Brazil significantly grew by clara, 31%, 12% and 10% respectively. Only Russia’s total sale fell back by 102%. Miss Essay Titles. 18 As a consequence, the increase in university essay demand of cornell 2009 China and India brought as well a rise in demand for santa clara university 2012, oil. Nevertheless, according to Boston Consulting Group BRICs will account for 30% of the world’s automotive sales in 2014 19 and in addition to the automotive industry this provides opportunities for cost effective research and development, sourcing and case studies manufacturing.

Moreover, Dargay et al. (2010) supports this growing market with a quantitative oriented study and shows the development and change in vehicle ownership for clara 2012, 45 countries from 1960 to 2030. As a result it can be seen that higher growth rate in cornell essays vehicle ownership applies to China (10.6%), India (7.0%) and Brazil (4.1%) 20 , which is caused by the increasing demand, as a consequence of the expanding middle class. Together with other emerging markets their share of the world vehicles will more than double, from 24% in santa university essay 2012 2002 to cover event coordinator 56% in 2030. 21. 3.1.4 BRICs and clara prompt Global Capital Markets. In general capital markets provide medium to long-term (more than a year) financing by pro- viding the for essay writing possibility of santa prompt 2012 trade with securities such as bonds, shares and other derivates. List Of Adjectives For Essay Writing. 22 Within the BRIC nations capital markets vary. China and santa 2012 India have relatively closed and state controlled capital markets, whereas Russia and Brazil show an open and entrepreneurship low state con- trolled capital market. In terms of market capitalization (market cap), which represents the market value of out- standing equities of firms quoted on stock markets 23 , BRIC countries market cap fivefold from 1.4 trillion USD in 2003 to 7 trillion USD in santa clara essay 2012 2012. 24 Furthermore, based on the forecasts for future annual GDP growth rates, Goldman Sachs created three scenarios of how BRICs weight in global market cap might develop by 2050. Depending on whether capital markets stay the same or switch to a more bank based model or a more market based model 25 , they can reach a share of global market cap of culture essay popular 22%, 39% or even 46%.

26 It has to be stressed out that a market based model in the case of BRICs show better figures than the bank based one. Even if this is the case, both models have their reasonable advantages and disadvantages. 27. 3.1.5 BRICs and Global Energy Markets. Energy markets are commodity markets, which deal with trade and supply of santa clara university essay prompt 2012 electricity, natu- ral gas and oil. As BRIC countries are in several stages of industrialization they have caused high contribution to global energy demand, especially in crude oil. Whilst crude oil consump- tion of G6 countries dropped by 10% between 2002 and 2012, each of the cover coordinator BRIC countries increased their consumption sharply.

Especially China and India, with a rise of 49% and 34% respectively, drove the world’s crude oil consumption. 28 Furthermore, China is the second largest consumer of santa clara 2012 crude oil after the US. On the production side Russia has increased its production in crude oil by 27% since 2002 making it the second largest crude oil producer after Saudi Arabia. Of Adjectives Writing. Because crude oil has a share of 34% 29 of the world’s primary energy con- sumption and is a critical factor for economies, the following chapters will deal with crude oil markets from the BRIC countries. As suggested by Jim O’Neill these five factors will be the driving force for the shift of power from developed to developing countries. Santa Clara University 2012. In order to achieve these forecasts a further step was taken and BRIC as a political club was founded. In order to improve the list for essay global economic situation, to prompt reform financial institutions and to strengthen the co-operation of the four countries, BRIC leaders founded BRIC as a political organization.

The first summit was held in Yekaterinburg in 2009. The next step was taken in 2010 when China’s representative welcomed South Africa to of adjectives writing join the BRICs and changed the term into santa university essay, BRICS. South Africa is considered to be a gateway to the African continent and the largest trading partner of essay titles China. Likewise India is constantly increasing activities with South Africa. South Africa became a member of the BRICs even though it was dismissed by Jim O’Neill on the grounds that it is 2012 a small economy and it has a small share and impact on the world’s global economy. 30 Thus, South Africa is not included in the analysis because it only joined the case studies BRICs in 2010.

The following pages deal with each country’s economic profile and their relevance in the oil market. Until now only a short introduction has been given about the impact BRICs will have on the world’s economy and how this might change. Essay Prompt 2012. In order to support these projections each coun- try’s economy with its strengths and brill weaknesses has to be stressed out. Also the global finan- cial crisis has to be included in order to prompt understand each countries growth potential because global financial instability is still in sight. Furthermore, the focus will be on the crude oil market as crude oil is a vital source of energy and accomplishments essay is likely to remain the same for many more decades.

Thus, of greater interest is the crude oil market within the clara essay 2012 BRICs and each country’s policy to strengthen its position in entrepreneurship case studies the market. Moreover, the essay prompt division of the BRICs into crude oil exporters and list crude oil importers is enthralling when looking at consequences caused by clara prompt, the crisis. GDP growth as annual percentage. 31. Inflation consumer prices (CPI) as annual percentage. 32. The official exchange rate of the local currency in relation to the USD as the period average. 33.

Table 1: Economic Indicators for culture culture lesbian q queer series, Brazil. Abbildung in dieser Leseprobe nicht enthalten. Brazil’s economy is santa clara university based on three main pillars, namely a floating exchange rate, an inflationtargeting regime and a tight fiscal policy. 34 While other big economies were struggling during the list of adjectives for essay great recession with dramatic declines in economic growth, the combination of these three regimes saved the santa country with a contraction of culture essay gay in popular q queer series 0.3%. Santa Clara Essay Prompt. Since 2012 Brazil has again showed a weak domestic and global economic performance with a growth of only 1%. Hence, to increase international trade and become more competitive the Brazilian government is of adjectives for essay letting its currency, the Real, to clara prompt 2012 depreciate. 35 Nevertheless, Brazil’s biggest problem still remains the high corporate tax (34%) that slows down capital inflow. Besides their well developed agricultural, manufacturing, mining and service sectors Brazil possess a huge oil sector with a daily production of 2.15 million barrels (2012). The long term goal of the Brazilian government is to increase domestic oil production as domestic demand is coordinator constantly growing and refineries are operating at full capacity. Santa. 36 According to BP, Brazil has 15.3 billion barrels of proven oil reserves and case studies is producing mainly heavy graded oil 37 , which is sold at a lower price than light graded oil.

38. In 2007 Brazil was announced as being a net exporter and domestically self-sufficient, al- though still importing expensive light crude oil from the Middle East making it more vulner- able to unfavourable crude oil price fluctuations. However, import of light crude oil is neces- sary as less costly refining processes can be achieved for the production of heavy crude oil. A recent discovery of large pre-salt fields 39 could break the dependency from the Middle East as it consists of sweet and light recoverable oil, which is the santa university most valuable quality of oil. Cornell Essays. Though no confirmation has been made yet, the santa clara university essay prompt estimation for the whole pre-salt field ranges between 30 billion and list of adjectives for essay 100 billion barrels of oil equivalent. 40 The first company to utilize parts of clara university prompt 2012 these pre-salt fields is Petrobras, one of Brazil’s leading oil companies. 41. Nevertheless, the location of the crude oil is in deep waters and under huge salt layers which gives space for cornell, newer technologies and essay prompt 2012 processes. These new challenges already attracted companies like Siemens, IBM, GE, ABB, which are building research and development cen- tres in list of adjectives for essay writing Brazil. Also, Petrobras switched its internationally oriented strategy to a domestically one and expects to create one thousand hundred new jobs in order to santa clara essay prompt 2012 carry out its huge in- vestment plans.

42 For the next decade total investments of $330 billion USD are expected. 43. Abbildung in dieser Leseprobe nicht enthalten. Unlike Brazil, Russia suffered from high inflation rates in the last decade. Cover Event Coordinator. The main reason was a relaxation in monetary and fiscal policy of santa prompt previous years, which furthermore caused a sharp increase in inflation by 14.1% in 2008. Besides, a 29% increase in general imports dur- ing the spike in food prices and alexander the great the increase in oil prices made the country vulnerable to santa university essay 2012 the crisis.

44 As a consequence economic growth felt dramatically by 7.8% hitting Russia harder than any other BRIC country. Miss Essay. Several fiscal and monetary policies were suggested to get out of the crisis, like those from Kudrin (2009). 45 Russian’s government chose to devaluate its currency, the Rubble, in favour of the country’s competiveness. Clara University Essay 2012. Indeed, since the invention of the depreciation policy annual GDP growth recovered by up to 4.5% and inflation showed significantly lower levels. Culture Culture Lesbian Popular. In particular, consumption was the main driver for recovery rather than investments as investors were aware of the heavy crisis impacts. In conclusion, Russian’s economy is less diversified than its BRIC counterparts and is highly dependent on natural resources like oil. 1 Average growth rate of France, Germany, Italy, Japan, United Kingdom and United States derived from World Bank, GDP Growth (annual %) [online] 2 Average growth rate of Brazil, Russia, India and China derived from World Bank, GDP Growth (annual %) [online] 3 Vgl. Deutsche Rohstoffagentur: Reserven, Ressourcen und Verfugbarkeit von Energierohstoffen 2011, p.18 [online] 4 Vgl.

Financial Times Lexicon, Emerging Markets [online] 5 Vgl. Vercueil, J. 2012, p 232. 6 Vgl. MSCI, MSCI Emerging Market Indices [online] 7 Vgl. International Monetary Fund: World Economic Outlook Update, p.3 [online]

8 Vgl. U.S. Economy: What are Emerging Markets? [online] 9 Mean of 2010-2012 from santa 2012 World Bank: GDP Growth (annual %) [online] 10 Vgl. Wilson et al. (2011), p.3 [online] 11 Vgl. Cornell Essays 2009. Wilson et al. (2011), p.8 [online] 12 Vgl. Wilson et al. Santa Clara. (2004) 13 Vgl.

International Monetary Fund, World Economic Outlook Database April [online] 14 in 2007 PPP terms. 15 Vgl. Wilson, D./ Dragusanu, R. (2008), p.7 [online] 16 Vgl.

Wilson et al. (2011), p. 10 [online] 17 Vgl. Wilson, D./ Dragusanu, R. (2008), p.4 [online] 18 Vgl. OICA: World Sales - All Vehicles [online] 19 Vgl. The Boston Consulting Group: Winning the BRIC Auto Market, p.4 [online] 20 Vgl. Dargay et al. Alexander The Great Accomplishments. (2007), p.18 [online] 21 Vgl.

Dargay et al. Essay. (2007), p. 19 [online] 22 Vgl. Financial Times Lexicon, Capital Markets [online] 23 Vgl. Investopedia, Market Capitalization [online] 24 Vgl. World Bank, Market Capitalization of Listed Companies [online]

25 This model refers to corporate governance which focuses on shareholders rather than stakeholders. 26 Vgl. Goldman Sachs: BRICs and Beyond, p.232 [online] 27 Ross Levine (2002) shows the list relevance of both models in essay prompt 2012 his working paper [online] 28 Vgl. BP: BP Statistical Review of World Energy June 2013, p.9 [online] 29 Vgl. Deutsche Rohstoffagentur: Reserven, Ressourcen und Verfugbarkeit von Energierohstoffen 2011, p.18 [online] 30 Vgl.

Globalpost: South Africa to be a BRIC [online] 31 Vgl. World Bank, GDP Growth (annual %) [online] 32 Vgl. World Bank, Inflation, Consumer Prices [online] 33 Vgl. World Bank, Official Exchange Rate [online]

34 Vgl. Araujo et al. (2012) p.93 [online] 35 Vgl. Event. Financial Times: Brasilia cheers the real’s decline [online] 36 Vgl. U.S. Energy Information Administration, Brazil [online] 37 “Heavy” or “light” refers to density or specific gravity of oil and further determines the price of the oil. Thus, the higher the santa clara university prompt 2012 density and lower the gravity the heavier the oil and hence the letter event cheaper the price for the oil. 38 Vgl.

BP: BP Statistical Review of World Energy June 2013, p.6 [online] 39 Oil reserves, which are located very deep under thick layers of rock and salt. 40 Vgl. Clara University Essay Prompt 2012. Offshore Center Denmark: Overview of the Brazilian Oil and entrepreneurship case Gas Industry, p.12 [online] 41 Vgl. BBC News (2007): Brazil announces new oil reserves [online]

42 Vgl. U.S. Energy Information Administration, Brazil [online] 43 Vgl. Portal Brazil, Strategic sectors [online] 44 Vgl. Kudrin, A. Santa Essay Prompt. (2009), p.13. 45 Vgl. Kudrin, A. (2009), p.23ff. Research Paper (postgraduate), 11Pages.

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The jobs have been similar, so the experience looks a bit repetitive. I need to list writing find a template that highlights my experience without getting bogged down in clara essay prompt, the chronology, Any suggestions? It provides ample space for culture essay lesbian your professional experience, while also highlighting your top qualifications. Santa Clara University Essay Prompt 2012. Good luck on the job hunt! hi resume genius.. i need template resume that suitable for alexander essay trainer and coach.. can u suggest to me with template is suitable.. #128578; I had a job for 7 years and during that time I wore many hats, Executive Admin, Purchasing, Vendor Management, Project Coordination, etc.

How would I write that on my resume? Perhaps the Company name and then all the related roles under that and the times I did those jobs? I was always the santa clara essay prompt 2012 Executive Admin, but I did other jobs during that period. Yes, your suggestion is correct. Start with the company name and essay, included the related jobs with their own bullet points underneath. Good luck! Consider trying the ‘Job Hopper’ or the university essay prompt ‘Executive.’ They should able to fit all your jobs nicely. Ive never had a job so what should I use?

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Hit us up with any follow-up questions after giving that a read we’ll see if we can help further! Good luck! Hey there Margaret, In order to best understand which template works, it’s a good idea to check out list for essay writing, which resume format fits your particular needs; then you can take it from university essay 2012, there. All of the culture gay in popular q queer series templates were created by professional resume writers, so it’s hard to go wrong with any of santa essay, them — it just depends on your preference. Cover Event Coordinator. Good luck! It really depends on what job you’re applying for. Since you have substantial work experience, try quantifying that in your resume (think: any numbers that a hiring manager can look at and better understand what you accomplished during your time working there).

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pertinentinformation about the culture essay gay in lesbian, scientific concept (this information can come from the lab manual, the 2012, textbook, lecture notes, and other sources recommended by the lab manual or teacher; in more advanced labs you may also be expected to cite the findings of previous scientific studies related to the lab). Materials and entrepreneurship studies, Methods : What did you do and how did you do it? There are various other headings one may find for clara university essay prompt this section of the report, such as Experimental Procedure, Experimental, or Methodology. Cornell Essays 2009? Sometimes Materials and Methods may be separated in different sections. Essay Prompt 2012? But however it is titled, the main tasks of the Materials and Methods are to describe (1) the lab apparatus and the laboratory procedure used to gather the data and (2) the cornell essays, process used to analyze the data. Santa Essay? Materials and Methods takes the reader step by step through the laboratory procedure that the experimenters followed. The rule of thumb in constructing this section is to culture lesbian q queer series, provide enough detail so that a competent scientist in the field can repeat, or replicate, the procedure. The challenge, however, is to do so as efficiently as you can. This means, for example, not including details that the same competent scientist already knows, such as descriptions of standard procedures that most everyone in the field would already be familiar with.

Results: What did you find? This is the heart of the scientific paper, in which the university prompt, researcher reports the outcomes of the experiment. Report is a key word here because Results should not contain any explanations of the experimental findings or in any other way interpret or draw conclusions about the data. Results should stick to the facts as they have been observed. Generally speaking, the Results begins with a succinct statement (a sentence or two) summarizing the overall findings of the experiment. After that the Results integrates both visual (graphs, tables, drawings) and verbal (words) representations of the list for essay writing, data.

The verbal descriptions consist of series of findings (general statements that summarize or give the important point of a visual) and support for the findings (further details about the data that give pertinent information about the santa university 2012, findings). Discussion: What does it mean? The purpose of the Discussion is to interpret your results, that is, to explain, analyze, and compare them. This is the list of adjectives for essay, point at which the researcher stands back from the results and talks about them within the broader context set forth in prompt the Introduction. It is perhaps the most important part of the report because it is where you demonstrate that you understand the experiment beyond the 2009, level of simply doing it.

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Abstract: What is the essence of the cornell 2009, report? The Abstract is a miniature version of the lab report, one concise paragraph of 80-200 words. Its purpose is to present the santa clara prompt, nature and scope of the report. In the scientific literature, abstracts must be stand-alone documents, whole and self-contained, because they are often published by entrepreneurship, themselves in research guides. To create a miniature version of the report, abstracts usually consist of one-sentence summaries of each of the parts of the report (sometimes two sentences are necessary for especially complex parts). And those sentences are arranged on the order that the parts come in the report: Introduction, Materials and Methods, Results, Discussion/Conclusion. Title: What is the report about? The main job of the title is to describe the content of the report. In science, a title usually tells the reader what the subject of the experiment and the key research variables are, and it often gives an indication of what research methodology was used. Titles are especially important to scientists because articles are typically indexed according to key words that come from the title. So when scientists are searching for research articles, it is clara those key words that lead them the articles they need.

It's necessary, then, that titles be fully informative about the content of the report. References: What sources were used? This is a list of the entrepreneurship case, references that were cited in the lab report, including the lab manual, any handouts accompanying the lab, the textbook, and university essay, sources from the scientific literature. The format for references differs in different fields and even within the same field. It's important that you check with you teacher or lab manual to find out what is expected of you. Cover Event? Appendices : What additional material is included? Appendices are places where you put information that does not deserve to be included in the report itself but may be helpful to some readers who want to know more about the details.

The kinds of clara essay prompt information you might find in an appendix are: detailed drawings of apparatus, sources of hard-to-find materials, or other information related to the methodology of the cornell essays, experiment; calculations that elaborate on those that are in the Methods; raw data in tables, drawings, or photographs that may be useful to university prompt, understanding certain findings. Copyright LabWrite Project 2000. Sponsored and funded by. National Science Foundation - Grant # 9950405. LabWrite Project Team.

Michael Carter Ph.D., Science Communication; Dept. of English. Eric N. Wiebe Ph.D., Graphic Communications Program; Dept. of culture essay gay in lesbian popular q queer Mathematics, Science, and Technology Education. Miriam Ferzli, Research Assistant, Science Education.

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Archaeology/ King Tut's Tomb term paper 19039. What does the tomb of tutankhamen and its contents show about the Egyptian concern for the afterlife? Tutakhamen's tomb, and the artifacts inside are an indication of the concern the Ancient Egyptians held for the after-life of their king. In 26th Nov. 1922, the English archaeologist Howard Carter opened the virtually intact tomb of a largely unknown pharaoh: Tutankhamen. This was the first, and to clara university prompt 2012 date the finest royal tomb found virtually intact in the history of Egyptology. It took almost a decade of meticulous and painstaking work to empty the letter, tomb of Tutankhamen. Around 3500 individual items were recovered.

When the Burial Chamber of Tutankhamen was officially opened, on 17 February 1923, the Antechamber had been emptied. It had taken near fifty days to empty the Antechamber; the time required to santa clara university essay prompt 2012 dismantle and restore the contents of the Burial Chamber including the gilded wooden and the sarcophagus was to be greater, and the work was not completed until November 1930, eight years after the original discovery. One must examine both the tomb itself, and its contents, to alexander the great accomplishments see the connection between the tombs and burial rituals and the doctrine of university 2012, eternal life. The royal tombs were not merely homes in the hereafter for alexander accomplishments essay, the kings, as are the private tombs of commoners and nobility. Instead the tombs are cosmological vehicles of rebirth and deification as much as houses of santa clara university, eternity. As the king is list of adjectives for essay, supposed to become Osiris in a far more intimate way than commoners, he is clara university, equipped with his very own Underworld.

And as the king is case studies, supposed to santa university essay prompt 2012 become Re in miss essay titles a way entirely unavailable to commoners, he is equipped with his very own passage of the sun, whether this is thought of as the way through the underworld or through the heavens. Tutankhamon's tomb, hurriedly prepared for santa clara essay prompt 2012, the premature death of the king at the age of only about 18, is, as Romer says, a hole in the ground, compared to a proper royal tomb. The theme of fours is conspicuous in miss brill essay Egyptian religious practice. Tutankhamon's tomb contains four chambers. The burial chamber, with a ritual if not an clara essay prompt 2012 actual orientation towards the for essay writing, West, is the chamber of departure towards the funeral destinies. The internment of the body certainly is the beginning of the sojourn of the dead, and the Egyptians saw the dead as departing into the West. The room called the santa clara university essay prompt 2012, Treasury is then interpreted to have a ritual orientation towards the North as the chamber of reconstitution of the cornell essays 2009, body. Santa Clara 2012! Since the popular, most conspicuous object in the Treasury was a great gilt sledge holding the shrine containing the canopic chest, which holds the king's viscera, this could well suggest the santa university essay prompt 2012, problem of reassembling the culture lesbian popular q queer series, king's living body. That task, indeed, has a very important place in Egyptian mythology. After the goddess Isis had retrieved her husband Osiris's murdered body from santa 2012 Byblos, their common brother, Seth, the original murderer, stole the body, cut it into pieces, and tossed them in the Nile. Isis then had to retrieve the parts of the body before Osiris could be restored to life.

Her search through the essay titles, Delta, which is in 2012 the North of Egypt, seems to parallel the sacred pilgrimage to cities of the Delta that Desroches-Noblecourt relates as one of ritual acts of the funeral, as many of the other objects in the Treasury seem to be accessories for that pilgrimage. For the sovereign to miss essay titles be reborn it was necessary that a symbolic pilgrimage be made to the holy cities of the santa essay 2012, delta. The principal halts of the journey corresponded almost exactly to lesbian q queer series the four cardinal points of the delta where these cities were situated. Sais, to the west, represented the necropolis where the body was buried; Buto to the north, with its famous canal, was an essential stage of the santa clara university 2012, transformations within the aquatic world of the primordial abyss, evoking the water surrounding the unborn child; and Mendes to the east whose name could be written with the two pillars of Osiris, the djed pillars, evoking the concept of air. There, said the list of adjectives for essay writing, old texts, the gods Shu and Tefenet were reunited, or again, according to the 17th chapter of santa 2012, The Book of the Dead, that was where the souls of Osiris and accomplishments essay Re had joined. Finally, the southern-most city which completed the cycle of Heliopolis, the city of the sun, symbolizing the fourth [sic] element, fire, where the heavenly body arose in youth glory between the two hills on the horizon. [Christiane Desroches-Noblecourt, 1963, p. 238-9] As these four cities parallel the four rooms of the tomb itself, we seem to have a nice series of clara university essay, parallel symbols. If Sais, in the West, was significant for its necropolis, then Sais, like the burial chamber, can represent the departure into the West. Culture Essay Gay In Lesbian Popular Q Queer! Buto itself, the northernmost city, then represents the site of the actual reconstitution of the body. What followed Isis's reassembly of Osiris's body was its revivification. Mendes, in the East, where the sun rises, would then seem to be the locus for santa university essay, that, with the associations, especially with Osiris.

In the tomb, the small Annex is then associated with this ritual stage, the chamber of alexander the great, rebirth. The ritual pilgrimage then ends at Heliopolis in the South, where the king, having been reborn, reassumes his throne, as Desroches-Noblecourt views the Antechamber of the santa clara university prompt, tomb as the chamber of eternal royalty. Overall, the tomb may be divided into three parts: The Inner Tomb, which means the burial chamber and culture essay popular series its side rooms, however elaborate; the Middle Tomb; and the Outer Tomb. In the Outer Tomb, six parts may be distinguished: four passages, the Well, and the optional well room. Santa Prompt 2012! The four passages originally consisted of two deep stairs and two sloping corridors.

The outer stair might not now be considered part of the tomb proper, since it merely led up to the sealed entrance of the tomb; but the the great accomplishments essay, Egyptians saw it as already part of the tomb and named it the god's first passage, or the god's first passage of the sun's path. Santa Clara University Essay! All the corridors, indeed, were thought to represent the passage of the sun god Re through the twelve caverns of the underworld in the hours of the night, prior to his rebirth at dawn--the precedent for the rebirth of the king. Consequently, when decorated, they at first held excerpts from the Amduat, the studies, book of That Which is in the Underworld, or the university essay 2012, later Book of Gates. As the emphasis slowly shifted with time from the association with the underworld to an association with Re himself, another work, the Litany of Re made its appearance. The stair of the god's third passage was thus originally a room with the stair in its floor. As the letter event coordinator, stairs later became ramps, and university prompt 2012 as the descent of the passages leveled out by the XX Dynasty, the god's third passage was revealed as having a ritual as well as a practical meaning; for the flat spaces of the original room were preserved, even when they had been reduced to case studies no more than long niches in part of the walls of the third passage. These were called the sanctuaries in which the gods of East and West repose. East and West refer to the ritual orientation of the clara, passage, East on the Left when facing out of the tomb (as the Egyptians saw it), West on of adjectives, the Right.

The fourth passage eventually acquired two niches at the end, called the doorkeepers' niches. The Well itself is a feature that has excited considerable interest. The Egyptians called the clara prompt 2012, Well the hall of letter, waiting or hindering. The function of such a room, as symbolic of the whole tomb, provides a ritual locus for rebirth. The Ba soul in santa clara university prompt earlier representations flies up the shaft of the tomb and out into the world.

All that is added in the royal tomb is the king's trip through the cover, underworld, the four entering or, as the Egyptians also saw them, exiting passages. The Hall of prompt 2012, Waiting, with or without the well itself or the lower well room, typically shows scenes of the king meeting the entrepreneurship case, gods--one of the motifs of the burial chamber in Tutankhamon's tomb--and this is often shown when decoration has not been completed elsewhere in the tomb, as in that of Thutmose IV. This would indicate some importance to the function of such a part of the tomb. This brings us, through the sealed door, to the Middle Tomb. As the Chariot Hall or Hall of Repelling Rebels, it contains the equipment needed for the king to live an ordinary life and perform his kingly duties once reborn, i.e. actual chariots, beds, clothing, etc. Some have labeled it the chamber of eternal royalty. One might call it the living room of the tomb, the opposite of the burial chamber with its uniquely funereal equipment. It then may be significant that the rest of the tomb is university essay, accessed through the miss essay, stair or ramp dropped from the floor. If the spirit of the king comes up from the crypt, entering the Chariot Hall is santa clara university essay prompt, like rising into the upper world. It is at that point that we might divide the whole tomb into the Upper Tomb and the Lower Tomb. The Lower Tomb is about death and rebirth; the Upper Tomb is about the new life and access to the world (the Chariot Hall and the Outer Tomb, both the shaft of the essays 2009, Well and the outer passages).

Significantly, the wall of the Chariot Hall above the passage down (the another god's first passage), often displays an Osiris shrine, which signal an emphasis on santa clara prompt, Osiris. Once freed of its contents, it became possible to essay examine the wall paintings in the only decorated room in the entire tomb, the burial chamber. The walls had a yellow background, almost the colour of gold, as if underline the name that ancient Egyptians gave to the burial chamber - the 'Golden Room'. The surface of the paintings was in an excellent state of preservation though it was speckled with innumerable tiny circular stains due to the development of colonies of micro-organisms. The decoration quite simple and santa clara university essay prompt 2012 ordinary in style: the northern wall, seen on entering the miss brill essay, room, features Tutankhamen in the centre, wearing the dress of living, holding the sceptre and the ritual mace, before the goddess Nut, depicted in the act of performing the nyny ritual. This central scene is flanked by two others: on the Tutankhamen's is shown dressed Osiris in the presence of Pharaoh Ay, his successor. Ay, wearing the costume of the sem-priest and the distinctive skin of a panther, officiates at the rite of the clara university essay 2012, 'Opening of the Mouth', through which the deceased is revived. Tutankhamen is shown with his head draped in the nemes, and, followed by his ka, standing before Osiris. On the adjacent western wall, are illustrations of passages taken from the Book of Amduat, showing the voyage of the sun barque through the gay in popular q queer series, 12 hours of the night, represented by 12 deities with the faces of baboons. The eastern wall illustrates the transport of the royal sarcophagus, set inside a shrine mounted on a sledge, drawn by 12 characters, of whom two are dressed differently from the others, indicating a superior social standing.

The south wall was painted last, and is a scene of Tutankhamen, accompanied by Anubis, in the presence of the goddess Hathor. The centre of the room is now occupied by the quartzite sarcophagus containing the outermost coffin. The last part of the tomb, the Annex, appears not to serve any ritual function. The contents of tomb are also an indication of the importance the Egyptians placed on the afterlife. It is not necessary to examine all the contents of the tomb, as this would be a painstakingly long and arduous task. To see the significance the Egyptian's placed on the after-life, one need only clara essay prompt 2012 examine a few of the articles found. One of the two life-sized statues which stood guard at the sealed door of the Burial Chamber, on the north side of the Antechamber. The two statues, almost identical except for their headgear, are made of wood, painted with black resin and overlaid with gold in parts. They depict the pharaoh, or rather the pharaoh's ka, in a striding pose and holding a mace in one hand and case a long staff in the other. University Prompt! On the gilded triangular skirt, is written that this is the culture q queer, 'royal ka of santa clara essay prompt 2012, Harakhty', the Osiris Nebkheprure, the Lord of the Two Lands, made just.

Two life-sized wooden statues intended to protect the brill, eternal rest of the Pharaoh. Tutankhamen's mask, made of solid gold, was placed directly upon the pharaoh's mummy, and had the function of magically protecting him. Clara Essay! This beautiful object weighs 10 kg and is decorated with semiprecious stones (turquoise, cornelian and lapis lazuli) and coloured glass paste. The pharaoh is the great essay, portrayed in a classical manner, with a ceremonial beard, a broad collar formed of twelve concentric row consisting of inlays of turquoise, lapis lazuli, cornelian and amazonite. The traditional nemes headdress has yellow sripes of solid gold broken by bands of glass paste, coloured dark blue.

On the forehead of the mask are a royal uraeus and a vulture's head, symbols of the two tutelary deities of Lower and santa clara university essay prompt Upper Egypt: Wadjet and Nekhbet. A very fine shabti of Tutankhamen, portrayed holding the heqa-sceptre and the nekhakha-flail, and inscribed with a text from Chapter 6 of the Book of the Dead. This passage specifies the functions of these mummiform statuettes, made of wood, terracotta, faience or metal, and in some cases left in the tomb in their hundreds. The shabtis (a name that means 'answerers') were intended to work in the Afterlife in place of the the great essay, deceased, who could command them by reciting a special spell. In the New Kingdom especially the shabtis were considered as chattels, not unlike slaves.

In Tutankhamen's tomb, a staggering total of 413 shabtis was found, arranged in 26 coffers placed in the Annex and in the Treasury, but only 29 of them were inscribed with the text of the essay prompt 2012, formula from the Book of the Dead. With the canopic chest, as seen in fig 1, the theme of fours in Egyptian thought and ritual is the most conspicuously manifest. While the embalmed heart was returned to list the chest of the deceased, the liver, lungs, stomach, and intestines were separately packaged, coffined, and stored. Each of santa 2012, these was then under the protection of one of the cover letter coordinator, Sons of Horus, Imset (or Amset) for the liver, Hapi for the lungs, Duamutef for the stomach, and santa 2012 Kebekhsenuf for the intestines. Stone canopic chests typically have four chambers for the four coffins, closed with four stoppers, which themselves are either in the form of four human or of one human and culture culture gay in lesbian popular series three animal heads. With Tutankhamon we are fortunate to santa clara essay 2012 have the further equipment of the gilt shrine and sledge for the canopic chest, and the four guardian goddesses who watch over the whole, each identified by a symbolic device on her head: Isis watching over the liver from the southwest, her sister Nephthys watching over the lungs from the northwest, Neith, the ancient goddess of Sais, watching over the stomach from the miss brill essay titles, southeast, and finally Serket, a scorpion goddess, watching over the intestines from the northeast. The figures of these goddesses are masterpieces of art, now available in clara essay endless reproductions. Tutankhamen's royal Golden Throne was found in alexander the Antechamber.

The throne was made of wood covered with sheet gold, and adorned with semiprecious stones and coloured glass paste. His wife, Queen Ankhesenamun, whose head is adorned with two tall plumes and a sun disk, stands before the pharaoh, languidly seated on a throne; the queen places one hand on his shoulder while in her other she proffers a vase of scented unguents. The rays of the sun god Aten shine upon the royal couple and endow them with vital energy. The influence of Amarna art and religious conceptions can be clearly seen in the sensitivity and naturalism of this scene. There was also a wooden shrine covered with thick gold foil, set on a wooden sledge encased with silver leaf, found in the Antechamber of the tomb. Originally it must have contained a gold statuette of the pharaoh, stolen during one of the two episodes of tomb-robbery which took place in antiquity.

The walls of the shrine are covered with scenes executed with exquisite craftsmanship depicting scenes of essay prompt 2012, hunting and everyday life, featuring the pharaoh and his wife, Ankhesenamun. A ivory headrest, depicting the god Shu, the the great essay, god of air and breath, was found in the annex. It was there to ensure a supply of air for the sleeper (dead or alive). It was a symbol of clara 2012, resurrection, because it enabled the head to breath, by lifting it up from the prostrate position of death. There was also a pair of wooden sandals, overlaid with marquetry veneer of bark, green leather and gold foil stucco. The sole was decorated with figures of Asiatics and essay titles Negroes where the king could trample on them. These shoes, however are very uncomfortable to wear and it seems they were constructed for the king to wear in his next life. A number of lamps were found in the burial chamber, placed there for the King to use as he made his journey to the underworld. They were amazing works of art, decorated with detailed paintings of the king and queen.

This was also the santa 2012, resting place of the three coffins, and of course, the mummy. The mummy itself is an excellent example of the essays 2009, Egyptians belief in the after-life. The concept of mummification was practiced because of the belief that after death the soul would return to the body and give it life and breath. Household equipment and food were placed in the tomb to 2012 provide for studies, a person's needs in the afterworld. The ceremony opening of the mouth was carried out by priests on both the mummy and the mummy case in order to santa essay 2012 prepare the deceased for the journey to the afterworld.

This was an elaborate ritual which involved purification, censing (burning incense), anointing and incantations, as well as touching the mummy with ritual objects to restore the senses. Inside the bandages that wrapped the miss essay, mummy, lay a number of different objects the university essay 2012, King was supplied with for use in his after-life. He was supplied with a gold dagger and sheath to case protect him during his journey to the after-life, and 143 amulets and pieces of jewelry were scattered through the several layers of bandages that wrapped his corpse. In conclusion it is possible to say that Tutankhamen's tomb gave the modern world an excellent insight into the Egyptian's belief in the after-life. Both the santa 2012, tomb itself, and its contents, show how much importance the essay titles, Egyptians placed on the doctrine of Eternal life, and how strong their belief was that their King would be resurrected as a god. Thus, the tomb of Tutankhamen and its contents show that the university 2012, Egyptian concern for the after-life, was very strong, and that they went to great lengths to ensure that the eternal life of their kings. Gardiner, Sir Alan. 1966 Eygpt of the Pharoahs. Great Britain: Oxford University Press. 1977 The Complete Pyramids, Solving the Ancient Mysteries. Great Britain: Thames and Hudson.

Chronology of the New Kingdom. Tombs of the Valley of the Kings. Model tomb in of adjectives writing the American Museum of Natural History. Manchester Metropolitan University's site on the Tomb of Menna. Philosophy of History. Philosophy of Religion (Copyright (c) 1997 Kelley L. Ross, Ph.D. Santa! All Rights Reserved) Gardiner, Sir Alan.

1966 Eygpt of the Pharoahs. Great Britain: Oxford University Press. 1977 The Complete Pyramids, Solving the the great essay, Ancient Mysteries. Great Britain: Thames and Hudson. Chronology of the New Kingdom. Tombs of the Valley of the Kings. Model tomb in the American Museum of Natural History. Manchester Metropolitan University's site on the Tomb of Menna. Philosophy of History. Philosophy of Religion (Copyright (c) 1997 Kelley L. Santa Clara University Essay 2012! Ross, Ph.D.

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