Pursuing a Doctoral Degree in Finance
I have an excellent job with tremendous advancement opportunities. At my well-paid job at a prestigious investment bank on Wall Street, my computer science and analytical skills are recognized and lauded. Moreover, I enjoy intellectual interactions with my Ph.D. colleagues, have many friends, and am appreciated by my managers. Still, I feel a void in my life. While my friends and colleagues do not understand my decision to leave my rewarding career, I know that I have no choice if I am to pursue my long-term goal and my childhood dream: to teach and publish research. While my friends think I am sacrificing certain career advancement for unnecessary training, I do not act impulsively, and I am certain that I have made the correct decision. What they do not understand is that I will derive even greater satisfaction by pursuing a doctoral degree than by earning a higher salary and advancing in my present career. By pursuing a doctorate, I will have the priceless opportunity to realize my dream.
Learning gives me a world of satisfaction and a sense of accomplishment. The more I learn, the more fulfilled I feel. I do not learn solely to apply my knowledge in a practical setting; instead, it is the quest for knowledge and the challenge of learning that motivates me. Originally, I took my current job since I saw it as an invaluable opportunity to further my learning experience. Over the past two years, I have accumulated a good knowledge of Finance. I was introduced to Bayesian Statistics, GARCH processes, and other topics of time series analysis. I also learned how to price volatility swaps and categorize different optimization tasks.
While I never intended to focus solely on the practical side of finance, nearly all of my work revolves around it. For example, I have done research that forecasted assets' expected returns as well as research on a better way to execute a trade. These research opportunities were all results-oriented. I rarely have had the opportunity to look at the theoretical aspect of finance, like deriving closed-form solutions to evaluate financial instruments, which I sometimes find interesting. Although I try hard to broaden my knowledge of theoretical finance by reading finance and econometrics books on my leisure time, I am not able to test those theories empirically.
Figure 2 - Close up of the study area, Silver beach is located just on the border of Captain Cook Drive
hard rock is eroded, it can cause an island of hard rock left of the
According to the biological perspective, dysfunction/abnormality is caused by a few different things. However, most problems are linked to specific dysfunctions in areas within the brain, such as issues with the transmission of messages from neuron to neuron. Biological perspective theorist, study the brain, immune system, nervous system, and genetics looking for problems, which can all. Lead to dysfunction/abnormality when not working properly.
wage and find an opening in a skilled trade job (2015). While it is true that there are plenty of
The Strengths and Limitations of the Biological Model of Abnormality This model uses physical illness as a model for psychological disorder, suggesting that like physical illness, mental illness has an underlying bodily cause. It proposes that genetic, organic or chemical disorders cause metal illnesses which give rise to behavioural and psychological problems. Thus, abnormality has physical causes such as brain dysfunction (neurological), biochemical imbalances, infections or genetics and so can only be cured through medical treatments. Therefore it implies that abnormality results from properly functioning physiology, a properly functioning nervous system and no genetic predispositions to inherit mental disorders.
Defining Abnormality One way of defining abnormality is in terms of characteristics or behaviours that are statistically infrequent (the deviation from statistical norms definition). However, this does not take into account the desirability of a characteristic or behaviour. The definition also fails to recognise that in all cultures large numbers of people may engage in behaviours that constitute mental disorders. A further problem is the failure to identify how far a person must deviate before being ‘abnormal’. Such decisions are difficult to make and then consequently justify.
All I have ever wanted is to be happy. When I was four years old, my biological father made the choice to leave my family forever. When I was seven years old, my older sister’s life was taken by illness. I have watched my mom struggle everyday to make my dreams come true. I have worked my hardest every single day to try and make my dreams come true. I have recently been faced with the great journey of my life beyond high school. Being involved in several clubs and organizations, working two jobs, and still maintaining straight A’s, I thought that my dream of going to a prestigious college would finally come true, that I would finally be in control of building myself a happier and more successful life. To my surprise, money can and will limit
My journey to my professional development began when I decided to pursue accounting studies in university. Growing up, I always had an aptitude for mathematics and problem solving which later led me to pursuing studies in accounting and finance. During my undergraduate program, I learned from case-based analysis where we were asked to assume the role of managers in order to develop analysis and decision making skills. Throughout this process, I gained valuable skills such as interpersonal skills, ability to analyze complex cases, communication skills and ability to work in teams. As many new graduates can admit to it, despite one’s excellent academic achievement, the work place comes with its challenges that require a balanced set of skills.
Tools like these are meant to be used again and again each time life throws another curve ball your way.
I instantly knew that this wasn’t for me. The only place I could discover things was in books but I want to discover new things in reality. I loved my coworkers, the supported me and were always there for me but they weren’t enough to make me love the library. I was disappointed that I didn’t find my passion and had to keep looking. One of the steps to acquire an education is to make sure you can pay for it and this job did give me a head start to save up money for college. I know college isn’t cheap so once I quit at the library I got another job to start saving up again. I was always curious to know how baristas make my drinks and what they put in it and my current job as a barista helped me quench my curiosity. I like knowing how to make something and being hands on with the machines. It’s comforting to have things set and discovered for you; like how the espresso shots take 19 seconds to make and can die in ten seconds if it’s not put into anything, or how to steam milk you stop it at 140 degrees to not burn it. Someone else has already learnt all these things and as I mentioned it is comforting to have things set but it doesn’t push me to do more to questions things and to feel
In psychology, there are what are called models of abnormality. These models are what scientists use to explain events, and they are also called paradigms. (Comer, 2015, Abnormal Psychology.) Something is considered abnormal when it is not within what society determines as normal, or is dysfunctional. In psychology, we have many different models used to explain abnormal behaviors and the treatments associated with these behaviors.
When erosion can carve out sea caves, arches, stacks and blowholes in a headland. Sea caves form when weak areas of headlands and cliffs are hollowed out. The cave could be worn away to reach the other side of the rock, or two sea caves might meet. In both cases, a sea arch results. The waves continue to corrode the rock until the arch collapses due to the weakening of the top portion. All that remains is a stack, which is eventually reduced to a stump by wave erosion.
Exploration of Gower Peninsula Swansea is located on the beautiful Gower Peninsular, the UK's first designated 'area of outstanding natural beauty'. Although much of the city's architectural heritage was destroyed in war time bombing, its wide sandy beaches, spectacular coastal scenery, varied cultural events, lush parks, magnificent Maritime Quarter and medieval castles have preserved Swansea's place as a major vacation destination. Walk the streets of Swansea and you'll know why Wales is a European economic tiger! The Gower Peninsula was the country’s first designated Area of Outstanding Natural Beauty, and boasts spectacular landscapes peppered with pre-historic, Roman, Celtic, Saxon, Viking and Norman relics. Nearby is Wales’ second city,Swansea, which has a good selection of galleries and home to some of the best funded museums in the UK.
In today's world, economics associated disciplines are of fundamental significance and application and this has encouraged me to pursue a degree in Economics. Economics has an important relevance in all of our lives. As consumers we try to make the best of our limited incomes. As workers we take our place in the job market. As citizens of a country our lives are affected by the decisions of our government: decisions over taxes, decisions over spending on health and education, decisions on interest rates, decisions that affect unemployment, inflation and growth. As dwellers on the planet Earth we are affected by the economic decisions of each other: the air we breathe, the water we drink and the environment we leave for future generations are all affected by the economic decisions taken by the human race. It is these stimulating issues that excite me about economics. I enjoy studying Economics enormously and believe my passionate interest in economics is continually strengthened by my regular reading of 'The Economist'