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!
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
Specifically, to lead a Chinese large-scale investment firm to identify promising Chinese enterprises and help them grow into global leaders in the future so as to stimulate the growth of Chinese financial market. In order to achieve my aspiration, I have been pursuing advanced education and valuable experience to enhance my ability. Master Science in Finance program will turn me into an expert in this realm of financial world. MS Finance program will be indispensable for me toward my career success, since in order to achieve my career goal, it re...
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.
I believe the quantitative skills that I practiced and honed from my past experiences could bring me unique perspective for my graduate studies. At Princeton University’s Master in Finance program, I would like to further gain financial knowledge and skills, and ultimately prepare myself for the long-term challenge in my future career of financial analytics.
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.
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.
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...
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...
Block, S. B., & Hirt, G. A. (2005). Foundations of financial management. (11th ed.). New York: McGraw-Hill.
Studying Banking and Finance at University of St.Gallen will help me further increase my proficiency of corporate finance and financial markets. The in-depth research of specific topics, as well as a comprehensive curriculum, is a possibility for me to focus on my topic of interest ...
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.
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...
Financial theories are the building blocks of today's corporate world. "The basic building blocks of finance theory lay the foundation for many modern tools used in areas such asset pricing and investment. Many of these theoretical concepts such as general equilibrium analysis, information economics and theory of contracts are firmly rooted in classical Microeconomics" (Oaktree, 2005)