The Successful Entrepreneur Jack Simony And His Achievements

Co-founder of the Whitehaven Financial Group, Jack Simony was educated at CUNY Brooklyn and Oxford University. Moreover, this famous entrepreneur likes doing charity work, travelling, and fencing besides concentrating on the different areas of his business. Jack Simony has also made himself involved with different organizations such as the New York Athletic Club and Army and Navy Club, thus helping us know the interests of this famous businessman. Taking out time from his busy schedule, Jack Simony is also interested in writing blogs, where he puts forward his views on various topics. Therefore, we can know that besides being a thorough businessman, Jack Simony is also interested in various other things in life.

Jack Simonys company, the Whitehaven Financial Group, is a reputed and recognized litigation finance firm located in the city of New York. The HRAI or the Human Rights Advocates International has awarded Jack Simony the Defender Award for helping many individuals with his hard work and dedication. The HRAI is a U.S based non-governmental organization that works for the protection and encouragement of the human rights and the award is given to individuals who worked hard and have helped people in need. According to the HRAI chairman Gerard I. Nierenberg, Jack Simony has devised unique ways to help those in need, also meeting the needs and demands of the Wall Street, thus creating a scenario they had been looking for. Jack Simony has also been praised for finding creative financial solutions, as well as caring for the less fortunate.

Shorex, the world leaders in organizing wealth conferences for individuals with high net worth along with their professional advisors had chosen Jack Simony as the keynote speaker this year. Jack Simony is considered as a pioneer who has achieved huge name and recognition in the financial services industry. Moreover, this famous entrepreneur has an excellent track record in the field of litigation finance for more than 10 years and is recognized as one of the topmost industry leaders.

In the present day, Jack Simony is the CEO of DVG Capital and prior to that he worked as portfolio manager at Centurion/Platinum funds, a New York based company that invests in asset-based strategies through a managed account platform. The firm mainly concentrated on traditional ways of financing that includes  litigation funding, warehouse loans to consumer finance companies, secured trade financing, and debt instruments. Jack Simony co-founded the litigation financing company, the Whitehaven Group in the year 2001 and served as the Chief Executive Officer of the company till 2008. When serving as the CEO of the company, Jack Simony mainly concentrated on the vision and the litigation funding goals. He handled the various aspects of the company such as operation, acquisitions, business growth and development, maintaining media and corporate relationships responsibly and with due diligence. It is good to know that the Whitehaven Group under Jack Simony could reach new heights of success and achievements.

Before co-founding the Whitehaven Group, Jack Simony was a partner with the Knightsbridge Equities, a trading company offering capital and technology to professional traders, hedge funds, and family offices. This famous entrepreneur has also worked for the Human Rights Advocates International NGO. His contribution to the society has made him a popular figure throughout the world.

Canon’s New Dig!c 4 Image Processor

Canon recently welcomed a new member to its digital camera family. The DiG!C 4 Image Processor, the successor to Canon’s DiG!C III, has been incorporated into some of the latest digital SLR Cameras and high-end digital compact cameras. Canon is known for making cameras that enable users of all skill levels to take beautiful photos. The DiG!C 4 Image Processor has taken Canon’s trademark ease-of-use, high-tech features and image quality to a whole new level.

Canon’s face detection technology has long enabled photographers to take better portraits of people and pets. With the DiG!C 4 Image Processor, Canon has improved upon this convenient feature. Now, even faces at an angle or in profile can be quickly and easily detected. Another improvement is the Face Detect Self Timer. This function puts a new twist on the self-timer. Instead of waiting a set period of time before taking the picture, the Face Detect Self Timer detects when a new face has entered the frame, and this is what triggers the camera to take the picture.

In addition to enhanced photos of people, DiG!C 4 Image Processor is making it easier to take sharp action shots, increasing the speed of Canon’s Motion Detection technology. In addition, DiG!C 4 has enabled Canon to include a High ISO Auto feature which automatically sets the right ISO and shutter speed based on how fast the subject is moving. Your action shots will be crisper than ever before.

Canon’s brand new Servo AF technology, which is part of the DiG!C 4 feature set, also helps you take clear pictures of moving subjects. Continuous subject tracking and focus of a moving subject means you can quickly capture the perfect moment without having to recompose the shot.

Intelligent Contrast Correction gives the user greater flexibility in correcting the colour contrast of their photos. Corrections can be made both during shooting and after, automatically brightening up the faces of your subjects. Intelligent Contrast Correction simplifies photography by increasing your ability to point and shoot regardless of the ambient lighting.

The amazing power of the DiG!C 4 Image Processor has also been harnessed to boost your movie shooting capabilities. You can now record video for longer time periods without losing image quality. The key is the DiG!C 4’s movie codec, which compresses the size of the data but not the quality of the image. You can record at the highest level of quality while still using less memory.

On top of all these new features, the addition of the DiG!C 4 Image Processor has also achieved greater noise reduction. Image quality remains high even when you’re shooting at high ISO speeds. The DiG!C 4 Image Processor has taken everything that’s great about Canon’s line of digital cameras and made it even better.

This article is brought to you by Canon Australia – The latest in Digital Camera Technology

About Canon
Canon Australia is a leading provider of advanced, simple-to-use imaging solutions for businesses and consumers. Canons Australian R&D company, CiSRA, develops customised solutions for local customers, and exports digital imaging technologies for use in Canon products worldwide. Canon has ranked among the top-three US patent recipients for the past 16 years, and had global revenues of around $US39 billion in 2007. Canon Australia also operates Canon Finance Australia, which offers one-stop shopping for customers wanting leasing or finance services. For more information, visit canon.com.au.

a Tranquil Path To Seychelles Offshore Company

Whether it happensit is very to save income taxes, achieve elevated business versatility, shield property and assets, minimize reporting, or maybe manage privacy, having an overseas organization (a firm your image performs business outdoors the country related with incorporation) could be a particular finest business tool. Offshore business development is relevant amidst uk entrepreneurs, independent contractors, specialists plus traders. The hired contacting firm collects the required due diligence from the customer. The consulting company offers the client using a full show program, that includes procedures to include the prospective offshore business. The consulting firm proceeds to register the offshore business when using the suitable company construction.

Find out which of the Singapore Incorporation or investment options available, or Dubai Offshore Company will be appropriate for you.

A Tranquil Path To Seychelles Offshore Company

This certificate is the piece of content which we hold since confirmation which the business exists. A certificate of incumbency indicates that the business was in advantageous waiting. The business is need to keep statutory contracts of the Offshore Company formation. The papers are to be saved within the jurisdiction related with the destination the firm was subscribed. In this case, the papers needs to be prevented inside the offshore organization ‘s registered business office. The manager or company directors of the Offshore Business are to continue all important offshore firm data files also as the audited accounts. Most of the offshore companies do not function a considerable company inside the nation of registry.

This keeps the prospect related with brand new company, surprisingly attractive. Overseas Company is a non-resident firm that is integrated in foreign nations inside purchase to avail its flexible income tax structures and additionally fruitful company possibilities. The fundamental reason at the rear of establishing a company inside a foreign locale is the chance of income tax reduction which enables you to get into the popular taxation construction of the nation. The benefits provided to offshore organization inspire a lot of people to launch a firm inside foreign lands. Overseas company formation not just spares revenue about income tax unfortunately, the task related with environment and building a business is truly simple plus simple.

Less formalities and additionally records is mandated when environment a company and additionally one could smoothly function that company with a lot Comfort. Various other major positive aspect of the overseas business formation is simplified reporting strategy. Reporting system related with overseas organization is simpler than the reporting program of a local native company It moreover helps the businessman to continue that essential information confidential as your man refuses to have to present this strategies to virtually any influence. Furthermore indeed there is a greater range for asset cover and personal security is additionally treated inside an impressive manner. The offshore organization formation is useful for each the firm also as the publish nation.

Head over to my web site on investment options available for other tools and additional info on Offshore Company In Dubai.

The Equipment Lease Calculator – Know Your Lease Amount

Leasing is a valuable alternative for growing businesses. Equipment leasing gives us:

1.Maintain Capital Strength
2.Efficiency
3.Flexibility
4.Obsolescence Protection
5.100% Financing
6.Customized solutions
7.Asset Management
8.Tax Advantages

When you are leasing equipment for your business such as computers, heavy construction equipment, used medical equipment or and farm equipments, you may qualify for benefits that you may not have known existed.

About The Equipment Lease Calculator

As a business lessee, you probably want to know approximately what you can expect to pay for an equipment lease. Here’s an equipment lease calculator that will give you fast answers to your financial questions. Simply enter the cost of the equipment that you are looking to finance and analyze quotes for 12, 24, 36, 48, or 60 months. Determine if a lease fits your priorities, long term goals and financial condition, all with a few clicks of your mouse. Its easier than ever to determine the amount and length of lease thats right for you.

The results returned by the leasing calculator are monthly rentals based on conservative equipment leasing rates for assets .Some sub-prime business customers may find that the deposit required is greater than the leasing calculator returned, i.e. 12 months rental instead of 6 is needed. Leasing companies will endeavor to achieve the best monthly rental we can for your asset finance. Lease payments are calculated by subtracting the residual from the net selling price, dividing that amount into payments and then adding the lease charge. The formulas mentioned below are basic and can vary.

Step 1 : Calculate the Depreciation
Depreciation = (Selling Price – Residual) / Number of Months
Step 2: Calculate the Lease Charge
To calculate the lease charge you will need to know the Money Factor (money-factor as the “interest rate” for the lease)
((Net Sales Price – Residual)/ Term) + ((Net Sales Price + Residual) x Money Factor) = Month Lease Payment.
Step 3: Convert the Money Factor to an Interest Rate

This formula produces a high interest-rate it doesn’t necessarily mean that it is a bad lease.
(Money-Factor x 2400)
This “lease calculator” takes no account of the following:-

1.The size of loan.
2.Your companys circumstances.
3.A start-up company may need to have additional security to secure lease finance.
4.Other potential costs that an asset lender may charge.
5.Examples are documentation or “change of title” fees, which do vary but are generally minimal.
6.Other factors that may affect the rentals include:-
– The residual value of any asset to be leased.
– Quarterly, Half Yearly or Annual Rentals.
– The amount of deposit you may wish to put down.

Youll soon find that the whole equipment leasing process is faster, simpler, and often less costly than other financing alternatives. You can rely on the equipment lease calculator to navigate your way through various options. Our calculator allows you to analyze your business transactions, calculate monthly costs, and preserve your resources.

Tips to Teach Kids About Finance

Teach Kids About Finance photo

Photo by familytreasures

Early on, children need to be taught to recognize and manage finances. It is intended that he can appreciate the importance of money and not waste it. Educating children about financial management from the most simple.

Habits are taught since childhood, will imprint on the child until he grew up later. The process can be initiated by introducing money to children.

Children may not get much financial education when they were in school, because it was the parents who play a major role in this regard. Different levels of the child’s age, it is also different way of teaching.
Here are tips for parents on how to teach children about finances according to age levels, following his review:

1. Children aged under five

Children begin to develop habits and beliefs about money they look at the time the youngest age that may not have thought of. Some experts argue, the right time to start teaching children about money is between the ages of 3 to 5 years.

Remember, your child might see when you make a payment for each purchase. At this time, the majority of transactions made with debit and credit cards. The concept may be difficult for children to understand early age.

The use of cash is more easily understood. Make sure that you are more likely to use cash when shopping, at least the time with your child. Allow your child to hand over the money to the cashier, and teach them making change after shopping.

In addition, most children at this age like to pretend. You can use the game to pretend to give lessons about money.

For example, has a shop with goods for sale, the child can become a shopkeeper and you can buy goods from them using play money or real money. This suggests buying goods or something that is desired to be in accordance with the money you have.

2. Age mid- or pre-teens

Children aged between 6 and 12 years usually begin doing its own observations about money and the world around them. Your job increased slightly while they are at this age.

Explain perceptions and spending money to them. Because when they see items owned by his friend and they had none, then the children were likely to want to have and buy it. This is the opportunity and the time to explain financial concepts.

Almost no one can buy everything they want, so we have to make a choice. If we buy the goods, then we also do not have to buy other goods.

If you’re going to make a major purchase for your child, such as a computer or a bicycle, do research together to find the best quality at the best price. Encourage children to think of quality problems of goods to be purchased, so that goods can be used long-lasting and not disposable.

At this age, you can start giving pocket money to them. When they want to buy something, helped engineer the purchase of the desired goods by saving, so if you want something they have to save first and spend the money if the savings are fulfilled.

3. Teens

The right time to open a savings account in the child is aged 12 years and over, even at this age still need a parent in terms of signatures and approvals.

Teach about the use of the card, it does allow your child to make their own financial decisions while they are still living under the same roof with you.

But in this way you can still monitor the financial activities. If they make a mistake, you can help them to learn from those mistakes.

As people age, teach them about budgeting. Not all the money they had to be used. Saving education should be more intense at this age, let them know they need to save some of the money that is held for the preparation of future costs such as the cost of education or if they have the desire to buy private vehicles such as motorcycles or cars.

Teaches children about finance and budgeting will help them avoid mistakes that may have to do and will make their lives easier and better in the future.

How Does Floor Plan Financing Work For Car Dealerships

 Car Dealerships photo

Photo by Michel Curi

Floor plan financing is a key element of the auto industry in both Canada and the United States . Exactly what is floor plan financing and how does it work?

This type of financing is in effect a short term inventory financing for both new and used car dealerships . Traditionally the floor plan industry was geared towards what we know as franchise dealers, i.e those dealers representing product for the likes of GM, CHRYSLER, FORD, etc .

The financing allows the dealers to carry sufficient inventory to satisfy customer needs and demands re model types, accessories, options, etc . It is an extremely large market in what is of course a multi billion dollar industry .

When floor planning financing works properly it is effective, has a reasonable cost attached to the financing, and is totally transparent to the consumer . As consumers when we drive past auto dealerships, either new or used, we don’t care how the inventory got there, we just know its there for us to examine and purchase .

Floor plan financing is executed on both a small and large basis . It is not unusual for finance firms to use more esoteric finance vehicles such as asset backed commercial paper, Special Investment Vehicles ( commonly called SIV’s ) etc. to finance the billions of dollars of inventory that the industry needs to move product through .

Naturally, whether we are talking about the largest GM dealer in town, or a small used car dealership with multi lines of vehicles there has to be a finance program that can grow and backstop that inventory .

In the Canadian marketplace as an example, with which this writer is more familiar , the independent dealers have as much need as franchise dealers for this valuable type of financing .

We have all read recently that many of the tier one floor plan firms such as GMAC and CHRYSLER CREDIT have withdrawn substantially from the market . This has allowed a number of private firms to enter the market and capitalize on the withdrawal of the ‘ big boys ‘ . Additionally, as the banks perceived the auto market as significantly more risky in the current 2008-2010 economic turmoil they also have scaled bank in their previous focus on floor plan financing for car dealerships .

Finance firms that execute well on floor plan financing initiatives are those that of course properly funded ; they also know how to collateralize the inventory through proper legal documentation and registration. The average term for a car being on the auto lot tends to be within 30-90 days . The floor plan financier registers liens on the vehicle, and when the vehicle is sold that lien is removed . The finance firm of course profits from the ability to charge the dealership interest over that 30-90 day period . Naturally this process repeats itself continuously . Lenders must have reasonable confidence in the financial viability of the dealer, more experienced and financially solvent dealers can naturally command larger floor planning facilities . Dealers also are subject to rigorous audits of the inventory . The lender wants to know the car is still there and hasn’t been sold and not paid for of course! Therefore VIN ( vehicle identification numbers ) are checked regularly by finance company personnel , insurance is validated, and random inspections are common

Overall the auto floor plan facility is a key aspect of the automotive market , and is a significant benefit to both new an car dealers alike .

How To Find Outperforming Canadian Stocks Using Tsx Stock Screener

Finance photo

Photo by 401(K) 2013

Many people are today looking to invest in stocks and this is due to the high returns that this venture is capable of providing. However, it is very challenging to pick the right company that you are going to invest in and at the same time the right price for a specific company’s stocks. The best way of choosing the right company and the right price for a specific company’s stock is to use the online stock screener that filters your results based on valuations that will only work for you. There are many options here and one of them is the Canada Stock Screener. Canadian stocks have been limited for screening until lately. There are several popular tools today that you can use for Canada and one of the most popular ones is the TSX stock screener.

This service is new in the market and even though it is not the most powerful stock screener it is quite powerful especially for Canadian exchanges. TSX stock screener is completely free and it also allows you to conduct multiple custom criteria even if you are an advanced investor. It also allows you to edit columns on the results page so as to display different criteria that you may be looking for. Toronto Stock Exchange denoted as TSX or formerly TSE is Canada’s largest stock exchange, the third largest in the continent of North America and the seventh largest in the world in terms of market capitalization.

This stock exchange is based in Toronto which is the largest city in Canada and it is owned and operated as a TSX group subsidiary for trading of senior equities. Toronto Stock Exchange has a representation of various businesses from Canada, the United States as well as other countries from Europe and other parts of the world. Many people have tried the TSX stock screener and profited from it. Apart from conventional securities, Toronto Stock Exchange also lists investment funds, income trusts, split share corporations and exchange traded funds. This stock exchange is also the leader in various sectors most notably the mining and oil & gas sector since there are more companies listed in this exchange from this sector.

There are several ways in which you can find the outperforming Canadian stocks. The Canada Stock Screener has a wide variety of fundamental and technical criteria that will help you to build a custom screen. Other notable tools include Globe Investor, Stock charts for people who use technical analysis of stock charts, Google Finance, Yahoo Finance, MSN and Finviz which offers technical and fundamental choices on the screen. Using one of the above mentioned tools will enable you find the outperforming stocks in the Canadian market.

Small Business Loans Bad Credit

How You Can Better Deal with Personal Finances

Most people will understand that one of the keys to a safe, comfortable future should be to come up with consistently smart actions in the arena of personal finance. Probably the best way to accomplish that task is to be certain to get the most expertise as you can on the subject.

Save on your mobile phone plan by choosing the proper options. A no contract plan requires you to purchase your phone at the start, but you can save on per month fees. If you want your mobile phone for a cheap price, you’ll likely be locked in a plan for a couple of years. A contract option can also be preferable if you want to combine other people with a family plan.

If you’re out of school, go on and make your various student education loans merged in to one account. You’ll be able to combine several financial loans into one set rate and you will probably avoid needing to make sure you pay multiple creditors and accounts on a monthly basis. Research prices for the best interest rates before selecting a lending institution.

Re-examine your cellphone plan every 1-2 years to make sure you are getting the most desirable program customized to your specific calling practices. Cellular phone bills can be quite a major portion of the month-to-month budget “particularly for a family” so it’s imperative that you stay up with latest features and programs you could be qualified to receive. Plan providers will probably bundle functions like text messaging to their plans at considerable cost savings, but sometimes you must request for the best offers. Switching phone services is often a hassle sometimes, but the cost savings is really worth it. Also, your current mobile phone plan provider may want to maintain your business and may match any outside offers you get. Check around and ask questions to save money.

The best way to manage your personal finances in the short-term is to maintain a monthly budget. Yes, budgeting can be annoying and difficult, but nothing else will let you see where your money goes. Tracking your spending and keeping a budget will help you build a savings account and limit unnecessary spending.

Solid grounding when it comes to personal finance is often the keystone of a happy life. The best way to prepare is to make the right types of decisions when it comes to money is to make a real study of the topic in a comprehensive manner. Read and revisit the concepts in the preceding article and you will have the foundation you need to meet your financial goals.

Introduction To Financial Modeling

Financial modeling in Excel is one of the most versatile and powerful finance skills today. This skill is often a sought-after add-on to well-known financial designations such as CFA, CPA, CA, CMA and CGA. In a nutshell financial modeling is a process of building a multi-year forecast of a companys financial statements: income statement, balance sheet and statement of cash flows. The projected time period varies from one model to the next, the norm being 5 to 10 years.
Why is financial modeling so important? It is used in a variety of finance applications such as investment banking  initial public offerings (IPO), secondary financings, mergers and acquisitions (M corporate banking; private equity; venture capital; equity research; corporate strategic planning and budgeting; and numerous other important applications. Below are just a few financial modeling application examples:

An investment banker builds a financial model of a mobile telephony software company that is going through an IPO process. The main outputs of the model will be metrics used in valuation: unlevered free cash flows (UFCF), earnings and net debt calculations. The financial model will be used in discounted cash flow (DCF) valuation. DCF, together with comparable trading and transactions valuation will be used in the companys ultimate valuation. The end goal of this modeling process will be to value the per-share offering price of the companys shares once they are listed on the stock exchange.

A credit-focused financial model is being built by the commercial lending unit of a major bank. This is a part of processing a large commercial loan application filed by a manufacturing company which is looking to expand its operations. The models emphasis is on the debt servicing ability of the company in question. The most important outputs that the commercial bankers will look at are debt to equity ratio, interest coverage and fixed charge coverage ratios.

An equity analyst builds a financial model of a company that his firm decided to initiate coverage on. The focus of the model is on DCF valuation and unlevered free cash flows generated by the company. Based on the models results the analyst will issue buy/sell/hold recommendations on the stock based on the relationship of his target stock price and the current market stock price.

A private equity firm is considering a 50% acquisition of an early stage pharmaceutical company that needs capital for sustaining its research and development (R&D) program. The private equity firm sees value and significant upside in this situation given the target firms pending patent applications. The purpose for building the financial model is to determine the price at which the private equity firm is willing to purchase the 50% stake, given the hurdle IRR (internal rate of return) rate of 35%.

A pulp and paper companys CFO prepares a detailed multi-year budget of the company. She uses Excel financial modeling techniques to achieve her goal. The model will contain a 5-year projection of the companys income statement, balance sheet and cash flow statement and help the company assess future financing, staffing and operational needs. The multi-year budget will be submitted to the company CEO for review.

The financial modeling process is as much an art as it is a science. Solid financial modeling training through seminars and courses is a must for people seeking careers in many finance areas. These skills are further honed and advanced through the real-life work experience of building financial models.

The financial modeling process begins with gathering information. The analyst must become intimately familiar with the company he models, its industry and competitive landscape, its plans and prospects, and the strength of the companys management. Crucial pieces of information are the companys past financial reports, management interviews, conference call transcripts, research analyst reports, and industry publications. It must be noted that this information gathering exercise is much more challenging when modeling a private company as opposed to a public company. Private company information can often only be obtained through direct access to the company insiders.

An typical Excel financial model will consist of the following parts:

Assumptions. These are the models inputs. Assumptions are based on the companys historical information as well as its future plans and current market trends.

Historical and projected financial statements  income statement, balance sheet, cash flow statement. Projections are based on historical performance and model assumptions.

Supporting schedules including working capital schedule, capital expenditures (CAPEX) schedule, debt schedule, and tax schedule.

The models outputs depend on the primary purpose for building the model. In many cases modellers focus on earnings, unlevered free cash flows, capital structure and debt capacity.

Scenario and sensitivity analyses are often incorporated into the models, including scenario managers, data tables and charts.

Financial models often serve as foundation for more detailed further analysis such as valuation, M&A merger modelling (accretion/dilution analysis), LBO analysis and Monte Carlo simulations.

So what does it take to be a good financial modeller? Accounting and finance knowledge is compulsory. In-depth understanding of financial statements and relationships between line items of the income statement, balance sheet and the cash flow statement is an absolute must. Microsoft Excel proficiency is another prerequisite. A good modeller not only knows Excel functions, tools and formats, but also is quick and efficient in using Excels numerous keyboard shortcuts. Sometimes it takes years of Excel modeling to become truly proficient at this task.

College Extracurricular Activities The History Of Activities

Short Introduction

Extracurricular activities are the type of activities of students during the academic year. The difference is that extracurricular activities do not belong to the obligatory normal curriculum of any school or college. In fact, such activities exist at different levels of education, whether it is primary or secondary school, high school, or higher educational establishment. In general, in the United States of America the average student participates at least in one popular extracurricular activity during the academic year.

Extracurricular activities usually represent voluntary participation. As opposite to the scholastic activities extracurricular ones that often include social sphere activities, different sports or philanthropic are usually free of charge. In some cases when some finances are needed for the normal activity functioning, faculty sponsorship is asked for cooperation. Among such activities school newspapers are popular and widespread.
Historical Background

The history of the most extracurricular activities takes the beginning in the United States of America in the nineteenth century. Firstly they were additional part to the normal academic year schedule. Some practical and vocational interest was implied into applying such activities. Literary societies were the first associations that became popular at Harvard University and Yale University. Then there appeared various debate clubs and different fraternities and sororities.

Students also initiated the emergence of the first athletic clubs in American colleges and stimulated the elaboration of the first athletic programs at University campuses. As at that time literary clubs lost their popularity, sport associations became the most effective means to prevent student distraction to the educational process. Moreover, sport became so-called dominant element among various extracurricular activities popular in America at those times.

However, there remained one more important part of student life in States  school newspaper. It began since the time of the World War I. Today high school and college community proposes student a various range of activities in order to develop all-rounded people.