Application Essay to The Financial Risk Management Program

STATEMENT OF PURPOSE

My short-term goal is to help a firm manage its financial risk by developing and applying effective risk management strategies. My long term goal is to lead an enterprise wide risk management program for a multi-national company.

My experiences in IT Risk Services, Accounting Audit and Structured Finance Advisory Services at the Big Four firms helped shape my career goal and created a strong fascination for Financial Risk Management. These experiences taught me how risks affect organizations. I learnt how external factors such as market volatility, oil prices and internal factors such as bad business decisions increase a firm’s vulnerability to risk. I also learnt to identify, qualify and mitigate significant technology risks faced by businesses. However, through these experiences, I also realized that to identify financial risks and to mitigate them through effective strategies requires advanced education in the subject. My professional experience in Big Four served to increase my interest in risk management, but it is not sufficient to meet my long term goal. It has been humbling to find that my MBA in Finance although beneficial does not provide me the comprehensive training needed for Financial Risk Management in the current business environment. These deficiencies will inhibit me from progressing in my career path, particularly in my desired sector of financial services. At this pivotal point I believe that a Financial Risk Management program is an essential requirement for me. I also believe that now is the right time for me to pursue my education in Financial Risk Management because I have gained sufficient professional experiences to inform my future work and provide me with valuable depth...

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... career and professional experience. My hard work and sincerity has helped me receive appreciation from both my seniors and clients. My people management skills have helped me deal successfully with difficult client situations. I have trained new hire employees on business practices and also prepared training material. I have always thrived in an academic environment, graduating as valedictorian of my Engineering class and graduating with Beta Gamma Sigma from the UCONN MBA Program. I believe that my unique perspectives and background will add to the dynamic learning environment and will enable me to contribute positively both inside and outside the classroom. I look forward to a fruitful learning experience at The University of Connecticut’s MSFRM program. Acceptance into the program is an honor that I would endeavor with all of my being to deserve and to repay.