Features of financial products and providers

Assignment Help Financial Accounting

Reference no: EM131785005 , Length: word count:1200

This Write-coursework will assess the following learning outcomes:

- Analyse the effects on consumers of changes and trends in the financial market place
- Compare the main features of financial products and providers
- Analyse the effects on consumers of changes and trends in the financial market place

The Task:

Reema wants to open a current account, a savings account and a loan account with one particular bank. Reema has just left university with a bachelor's degree in fashion designing. She has a current account with a bank having a branch at her university. She is contemplating whether to stay with her current bank or change to a new one.

She plans to work for a charity an Orphanage Centre for 12 months, and another 12 months abroad before starting a Master's degree.
Being a friend and a financial advisor, help Reema to decide whether to stay with the current bank or open new accounts either with Bank Muscat, NBO, or HSBC through a financial report. Consider the 3 main parts of the report consisting of 1200 words.

i. Factors to be considered when choosing a provider 400 words
ii. Compare the differences between three providers 400 words
iii. How well you think they will meet her financial needs 400 words

Reference no: EM131785005

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