Statement Of Managerial Management

STATEMENT OF PURPOSE

It is said, “Life is a series of experiences, each one of which makes one bigger and better.” Unfortunately, some don’t live long enough to learn from them. But they leave behind a mark, where their experiences are life lessons to others.

My grandfather was one such example. He was a brilliant chemist. He once came up with a very indigenous formula for the prickly heat powder, for curing and providing relief for Miliaria. The samples which he tested on his near and dear ones did wonders. The product had a huge potential. And this was during the mid 60’s, when the prickly heat powder market was still in the infancy stages. But unfortunately, his technical brilliance was overshadowed by his poor business sense. He failed to capitalise on the ingenuity and followed by his ill health and resulting death, his formula went into obscurity. When my mother told me his story, I understood the importance to garner knowledge on all fronts and the interdependence of technical and business skills.

Despite majoring in Biotechnology, I made it a point to understand the business aspects of the industry and made sure that the basic skills required to run a business were acquired. To learn these skills, I took up an internship in a CA firm namely Jawahar and Associates, where I understood the basics of managerial economics and financial analytics. This gave me an outlook of the economics of running a firm, and the challenges one could face while dealing with clients, especially in a financial institution. Though it was an accounting firm, the knowledge I gained could be related in general to any business organization. The skills included client database management, understanding financial statements, people skill...

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...n the solution of technical problems. I look forward to gaining knowledge and skills in courses, such as Concepts of Finance, Accounting, Management of Engineering Teams, Financial Engineering and Engineering Project Management while keeping up with the developments in the field of Technology. Above the entire MS program at University of Southern California will be an opportunity to work with the guidance of expert professors and to compete with international students, which will prepare me to meet the challenges in the real world. I believe that an integrated course in Engineering Management will bridge the gap in what I am and what I want to become; that is, a techno-commercial entrepreneur.

I conclude by thanking the admission committee for this opportunity to present my candidature to the MS program in Engineering Management at the University of South Florida.