We currently live in an extremely turbulent financial climate. With major firms being wiped out by the crisis, it is clear that the dynamics of the financial industry are constantly changing to give way to more resilient systems. The quest to understand this transformation motivates me to further my academic pursuit and hence apply to MSc in Accounting and Finance at the Stockholm School of Economics.
My formal learning of the financial industry began at McGill University where I am currently completing an undergraduate degree in Economics and Finance. At McGill, I was exposed to various segments of finance such as Investment Management, Real Estate Finance and Corporate finance. However, I am primarily interested in asset management, especially the use of derivatives to create structured investment products. The use of derivatives is a novel approach to investing and controlling for risk and requires significant mathematical skill. However, having topped my class in econometrics and statistics, I was able to develop a deeper understanding for these investment strategies.
To bridge the gap between theory and real world, I worked as a summer analyst at Morgan Stanley in the Private Wealth Management division. I was fortunate enough to be able to interact with their high net worth clients and at the same time, work with the asset management team. This not only allowed me to develop soft skills such as building client relations and making sales pitches but also gave me hands on experience in investment strategies used by the firm, both in the equity and debt markets.
Though the academic level of McGill was extremely challenging, I looked for resources outside the classroom to hone my financial knowledge. I was an active member of...
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...cent internship at the Young India Action Forum (YIAF) where I worked with a team responsible for allocating funds towards various social projects. Through this internship I learned that it is possible to invest profitably while making a social impact. Having said that, I firmly believe that SSE will provide me with the tools to be a successful fund manager. An amalgamation of theoretical concepts and real world case discussions at SSE will allow me to think independently. It is extremely important to have an independent perspective of markets as historically many successful investors have profited by having a contrarian view.
In a nutshell SSE will provide me with an academically challenging environment and give me the opportunity to interact with equally passionate and like-minded individuals. The notion that I may be a part of SSE seems extremely exhilarating!
Ross, S.A., Westerfield, R.W., Jaffe, J. and Jordan, B.D., 2008. Modern Financial Management: International Student Edition. 8th Edition. New York: McGraw-Hill Companies.
After one semester of participating actively in Rambler Investment Fund, I was appointed the alumni chair of the club. With this role, I established a few connections who currently work in the finance community. In the summer of my freshman year, I continued to build on what I learned by interning at the underwriting department of a Chinese finance company called Qilu Securities. As I became more and more involved in all things related to finance, I have found myself looking at Bloomberg during my spare time and chat about the plummeting oil price with my friends. Finance, like golf, has also become a part of who I
The second lesson concentrates on the importance of financial literacy. There is one rule to follow so as to understand financial literacy – “Know the difference between an asset and a liability, and buy more assets.” In order to do this, you need to be able to understand and comprehend numbers instead of jus...
In conclusion, we feel that the recommendation we have suggested in this report is a suitable foundation to build a sustainable and prudent financial system in this country. This will facilitate the financial industry both, withdraw out of this crisis and in the future avoid as much as possible inducing the scale of matters at present. As the report suggest, everyone contributed in their own miniscule way to this crisis, we feel that it’s up to every one of us to contribute to the overall recovery of this financial crises and recovery of the nation in general.
I became an enthusiast of finance ever since I was at high school. At the political economy class, my teacher asked us: if you have a million RMB, how would you use it? She then introduced us the concept of investment, and I was intrigued specifically by the stock. For the latter two years of my high school, I have been reading books and articles regarding the stock market in the U.S. and in China. As one of the outstanding students ranked top 1% in College Entrance Exam in Hainan Province, China, I was accepted by the City University of Hong Kong with a full scholarship. With the strong interest in finance, I chose quantitative finance and risk management as my major.
USC’s MS Finance degree will enhance my professional financial skill to advance my career. Specifically, the MS Finance program of USC will provide me a strong background in the theoretical underpinnings and critical business skills of finance. I will have a deep comprehensive understanding of finance so that I can be more confident and convictive to operate efficiently in Chinese financial industry after I graduate. In addition, the MS Finance program of USC will provide me a comparative advantage that will better position me for success in facing intense competition of my future career path. This skill would be indispensable for me to lead a Chinese investment firm to a larger, more mature, and more popular level in the future. Undoubtedly, MS Finance degree will become a stepping-stone on the road to my career success.
Finance is a field that had always fascinated me right from my undergraduate college days. What make me interested in this particular field of study are the art of finance and the complexity of investment market which would allow me to employ my personal skills, such as analytical and communication skills, along with my personal characteristics such as dedication and compassion for what I do. As one of the most important sector in the world, I believe it would provide me with a broad range of career options.
This career peaks my interest since in this role I will have the opportunity to construct my future and I will never stop learning. The constant innovation in finance is commonplace and it creates a work-day that is fast paced and so with this career, I see a promising future. This career interests me also because I will have the chance to practice what I have learned in school and the career places a premium on consistent results, rigorous analytical ideas or thoughts,
Through my Economics studies in London as well as AP Economics class, I have gained a greater knowledge of many aspects of economics. One of my particular areas of interest is Macroeconomics. I have learnt that this is a vital part of any company as without a good understanding of profit and loss accounts and how to manage budgets the business will soon suffer. The main feature of finance that I am most passionate about is the use of financial theory in order to solve a business problem. Furthermore, this unit helped me to improve my organization and managem...
Among all the programs available, I firmly believe that the Master in Finance program at Princeton University will be the ideal preparation for my career because of its strong emphasis on quantitative techniques with practical business problem solving. The core courses offered by the program will help me build concrete foundation in financial theories and computational methods; the elective courses, such as Forecasting and Time Series Analysis, will further enhance my modeling techniques for financial forecasting in a broader application. Besides excellent teaching fellows at Princeton University, the close personal attention from academic and career advisors will be invaluable to my professional growth. Furthermore, the small cla...
To begin, the focus should be on the benefits of students who have the ability to deliver a unique outlook and perhaps improved or enhanced business ideas. Especially with today’s modern technology, interns are able to bring ideas that may help improve the effectiveness and efficiency of company practices through the use of t...
One can accurately state that the role of the competent and capable financial manager is figuratively worth its weight in gold. As global markets today's financial markets increase in complexity, the tradition of learning by doing will not suffice. The financial manager today must hit the ground running with ready expertise to be used effectively as the CFO or as part of a team of financial experts within the ranks of the CFO's office. In navigating the international marketplace effectively, financial managers find themselves in a technology driven, real time information deluge which helps them to satiate the knowledge demands of investors, commercial and investment bankers, shareholders, employees, brokers, traders et al who must know particular companies, their products and the markets wherein they operate. The financial manager is charged with providing the information necessary to fulfill this relentless demand for a range of financial information that literally runs the gamut.
Modules I am taking include Economics For Business, Financial Reporting, Management accounting and polio analysis. It includes other modules relating to marketing, finance, and management which expands my knowledge beyond accounting and finance and allow me the opportunity to look at financial market from multiple perspectives. One of my favorite subjects is Economics for Business and I got 70% in overall. I am also attracted by the charm of programming and able to solve some mathematical problems according to programming. During the study of financial modelling, I tried to find an easier way to calculate some investment models and pictured some K line graph by programming. I also got high marks in coursework of financial modeling (82) and corporate finance (90). To be excellent in investing in the stock market, real estates and other fields, I aspire to carry on my graduate study in the field of accounting and finance to make rational investment decisions. The Quantitative management and portfolio analysis enhance my comprehension of accounting principles and the investment strategies. This will contribute towards my further study of accounting and finance. I successfully completed Year 1 of my BA (Hons) Economics course with an aggregate mark of 62%. This year, I am expecting that I can achieve a 2.1 class
Block, S. B., & Hirt, G. A. (2005). Foundations of financial management. (11th ed.). New York: McGraw-Hill.
Internship experience is essential for students to gain hands-on experience for future full time jobs and differentiate ourselves among competitors, especially for us who are taking MBA courses. Based on the network we built and skillsets gained through the internship, we could know more clearly whether we want to dedicate ourselves into related fields and industries. Besides, internship is a great opportunity to build important network that advances your career life and apply what you learned from school into the real business world. Therefore, you could compare the potential differences between theory and reality to pinpoint ideal future careers more accurately.