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Date: February, 08 2021

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3. Millennials and the Generation Z are more interested in the concept of Financial Markets compared to their predecessors. Do you agree?
Defend your answer. Based on what I have observed on browsing to social medias, I can say that Millennials and Generation Z are more
interested in the concept of financial markets compared to their predecessors because some of them do not want to experience same
problems that their predecessors had experienced and some want to secure that they will help their predecessors’ wealth stability.
Millennials and Generation Z do not want to suffer from financial incapacity since the economy today is far different from what past
generation have because as we can see, the price of commodities, living expenses, school expenses, and such are more expensive than
before and it will also increase from time to time. With that, they tend to start their savings while they are young and capable to earn their
own money in order for them and for their future descendants to be financially stable. In addition to that, in today’s generation lot of movies,
series, dramas and such attracts the mind of the Millennials and Generation Z to start making investment at their young age for them to
secure their money in a productive and efficient manner. They are more knowledgeable about the concept of earning interests, making
return in investments and gaining profit in a more fruitful way. With that, they can be confident to secure their future and they will not be
unstable when it comes to financial aspects. Lastly, Millennials and Generation Z are more ambitious, and idealistic than the previous
generations because they want to have their own houses, cars, other properties and money when they are at certain age. Also, they are
more flexible and intentional about where school to go, and as what I have observed they seek to find scholarship to lessen the school
expenses and save that money for other purposes. With those kinds of personality, they are able to learn the concept of savings and
earning profit at young age. 4. Relate the study of financial markets and institutions to the general objective of your course. Bachelor of
Science in Accountancy (BSA) has an objective of producing competent and accounting professionals that possess right knowledge, skills
and attitudes towards their profession which enable them to work in their respective accounting fields. Since financial markets and
institutions have a big role in business field that is connected to BSA it is a necessity for the students to understand the concept of financial
markets and institutions because it is in financial market where the stocks and financial securities are being traded and being an accountant
is not about recording and analyzing transaction, it is also about how an accountant will provide solution to the companies’ problem. Also, in
order for them to know when, where and how they will borrow certain loan for the business and to understand further the flows of funds and
when to buy certain bonds and stocks in the market. In addition to that, it is the financial institutions that serves as the financial
intermediaries that supply the money to the market in terms of transferring funds from savers, investors and such to the companies in the
form of loans, investments and deposits. Through understanding this, BSA students will be able to learn knowledge about how financial
institutions will affect the performance of companies when they are already practicing their professions in the near future. With the study of
financial markets and institutions, students will be able to acquire some of the knowledge and skills needed in their profession and learn the
role of different financial institutions to the economy and how they affect and works in the economy.

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