Speaker: Dr. Hugh Ching
Date/Time: Saturday, 7/24/2010, 2:00-3:00PM
Location: Room C in the NPU Administration Building
Abstract:
On July 21, 2010, President Obama signed into law the most sweeping reforms of Wall Street since the Great Depression. The new Financial Reform Law is just a shell; what’s in the shell will be decided in the coming months or even years.
In a comment to Chairman Ben Bernanke of the Federal Reserve in June of 2006, Hugh Ching recommended the lowering of the fed funds rate, which, upon further public comments by him to the U.S. Treasury in 2008, was lowered to below 1% in 2008. Thus, Bernanke, as stated in the conclusion of his 2009 AEA (American Economic Association) speech, has indirectly admitted the mistake in raising the interest rate from 2004 to 2006. Mr. Ching predicted the Subprime Woe based on his solution of value, the Infinite Spreadsheet (http://www.infinitespreadsheet.com).
Bernanke objected to the Taylor Rule for setting the fed funds rate in his 2009 Speech. The Taylor Rule should be replaced by the common sense logic relationship: Rate of Return > Interest Rate > Inflation, where the Rate of Return can only be surveyed with the availability of a deterministic valuation system applied to sales data to determine the Return.
Also, a Two-Valuation Reform can be introduced as part of the content for the newly passed financial reform law. The Two-Valuation Reform is based on the simply equation Bubble = Market Price – Intrinsic Value, where the Market Price is obtained from market comparison to the past sales data, and the Intrinsic Value is calculated based solely on the realistic accounting of future expected cash flows, Cash Return = Sum of Cash Flows + Cash From Resale, completely independent of the Market or Resale Price. The introduction of the Intrinsic Value is crucial in consumer protection, which is probably the most important point in the new financial reform law.
The financial reform should also reexamine the Fisher Identity or the Quantity Theory of Money PQ = VM, which has been extensively analyzed by Milton Friedman and Ben Bernanke, and where the variable P again involves the fundamental question of determining the correct price, and its role in the current crisis and in the prevention of another Great Depression.
Introduction to the speaker:
Hugh Ching is the founder of Post-Science, Knowledge beyond Science (http://www.postscience.com) and a California licensed real estate broker since the 1980s. He was formally trained as a mathematical scientist at MIT (SB, SM, ScD) and the Courant Institute of Mathematical Sciences. He holds the patent “Quantitative Supply and Demand Model Based on Infinite Spreadsheet” Patent No. 6,078,901. He is, thus, well trained in both the theory and the practice of business. The mathematically rigorous solution of value strongly suggests the existence of non-violable laws of nature in social science, as the existence of non-violable laws of nature in science, such as gravitation.
| permalink | related link |
( 2.9 / 120 )Topic: NPU SAP Labs Introduction
Speaker: Ms. Flora Chu & Dr. Janelle Lee
Lab Instructors: David Chao, Ali Daimee, Sindy Xie, Nancy Li & Jennifer Shih
Date/Time: Saturday, 7/17/2010, 2:00-3:00PM
Location: Room C in the NPU Administration Building
Abstract:
SAP labs are role models for globally distributed development organizations, contributing effectively to the goals of SAP's business units. Bridging the gap between local market demands and SAP's development organization, SAP labs set standards for excellence in innovation, efficiency, and reliability. They are recognized centers of local talent and expertise, establishing a strong foundation for SAP development in the future. NPU provides educational establishments in the introduction of SAP, as well as positioning students for future career enhancement. Taking SAP lab courses should enhance your technical skills and create an impression of competence. This is a simple way to add a little extra sparkle to your resume.
During this seminar, the Lab Instructors will present SAP labs for:
1. Marketing and CRM
2. Project Management
3. Operations Management
4. Finance
5. Accounting
6. Organizational Behavior
Introduction to the speaker:
Ms. Flora Chu
* MBA, Chadwick University, Alabama, 1995
* BS Accounting, Biola University, 1990
Ms. Chu is well known for her experience in asset and financial management allied with full knowledge of US GAAP and IRS tax regulations, proficiency in Sarbanes-Oxley controls and processes, Government R & D funding, and pharmaceuticals and semiconductor industry. Ms. Chu holds a Corporate Financial Controller position in a semiconductor company. Her duties include international projects such as accounting system conversion and implementation, cost efficiency and budget vs. actual analysis. Ms. Chu has had more than nineteen years of experience in accounting and finance. She is a goal oriented leader who has demonstrated positive results, problem solving and people management skills. She is able to train and empower her cross-functional team members around the globe to accomplish company objectives and mission. Ms. Chu has been awarded a member of Presidential Who's Who, and National Association for Professional Women. Her passion in teaching has been growing since she started teaching at NPU eight years ago.
Dr. Janelle Lee
* Dr.P.H., Health Systems Management (1998), Tulane University, New Orleans, Louisianna
* M.H.A., Hospital and Health Care Administration (1994), China Medical College, Taichung, Taiwan
* B.A., Business Administration (1992), Fu-Jen University, Taipei, Taiwan
Dr. Lee has worked at the health care industry for more than 10 years. She worked in Taiwan as a hospital administrator at Chang-Gung Memorial Hospital. Currently, she has devoted her career to health service research, specializing in the area of healthcare management, the risk adjustment models, medication adherence, and treatment outcomes. Her research interests focus on hospital efficiency, quality variation, and pay for performance.
SAP Introduction 1(
130KB)
SAP Introduction 2(
130KB)
| permalink | related link |
( 3 / 93 )Topic: American Federalism
Speaker: Mr. Barry Bishop
Date/Time: Saturday, 7/10/2010, 2:00-3:00PM
Location: Room C in the NPU Administration Building
Abstract:
Have you ever wondered why laws are different in different states? What are the roles of federal, state, and local government, and what services do each provide? How are elections conducted? As America has just celebrated its Independence Day holiday, these timely topics will be discussed along with a Q&A session to give an overview of the American system of government.
Introduction to the speaker:
Executive Master of Public Administration, Golden Gate University
B.S., Political Science, Florida State University
Mr. Bishop is part of the administrative staff, technical editor, and a faculty member at NPU. He teaches various Social Science and English as a Second Language courses. He has worked extensively overseas in Korea, China, Taiwan, and India on teaching assignments, conducting cross-cultural workshops, and for recruiting purposes. He is the coordinator for the Hiking Club, and enjoys tennis and traveling in his free time.
| permalink | related link |
( 2.9 / 104 )Topic: Rich Internet Applications
Speaker: Mr. Jagdeep Shetty
Date/Time: Saturday, 6/26/2010, 2:00-3:00PM
Location: Room C in the NPU Administration Building
Abstract:
This is the first in a series of seminars to introduce the architecture, design, and development of Rich Internet Applications. The topics in this series will include:
1. Rich Internet Technologies and its benefits
2. Flex Technology
3. RIA demos
Introduction to the speaker:
Jagdeep is a Web Technologist specializing in architecture, design, and development of large-scale web applications. He has worked in the Software industry for over 17 years in software development and engineering management roles. He currently develops software products using Flex, J2EE, and Oracle technologies.
Education:
M.S. Computer Science, Northwestern Polytechnic University, 2002
B.S. Electronics Engineering, Mumbai University 1991
| permalink | related link |
( 3 / 89 )Topic: Hints and Tips for Giving and Getting Regard in the Workplace
Speaker: Mr. David J. Paul
Date/Time: Saturday, 6/19/2010, 2:00-3:00PM
Location: Room C in the NPU Administration Building
Abstract:
In this timely talk, Professor Paul will describe and discuss some results of his recent research, which relates the feeling of being cared for, valued, appreciated, and worthy in the workplace to the levels of engagement that people often experience as a result of that feeling of being cared for.
Drawing on his extensive managerial and workplace experience and knowledge, Professor Paul will interpret those research results and provide some hints and tips for acting in the workplace to both give and get “Respect, Regard, and Reward"
Introduction to the speaker:
B.S., Princeton University
M.S., University of Utah
MBA, California State University - Hayward
Faculty Member: NPU, CSUH, SFSU
Retired Colonel, United States Air Force
35 years New Business and International Business Experience 6 years experience in New Venture and Startup Funding
President, Cameron Consulting International
www.thecamerongroupinc.com
| permalink | related link |
( 2.9 / 75 )Next
Avatar
