If the development of Financial Market in America is like a sturdy adult, I would say the development of Financial Market in China is just like a child. The history of the U.S. financial market was established and has been growing over two centuries. For China, only twenty year has now passed since the financial market was built and growth. The Chinese financial market seems to be immature compared to the U.S. For example, China’s financial market does not have a thorough monitored stock market. The child is just starting to imitate the behavior and follow the step of the adult. However, the child is too young that mistakes always being made. On the other hand, since the child is in his early growth stage, a high level of growth is undertaking and a large progress might be attained. In today's China’s financial market, it is necessary for China to gather finance professionals in development of financial market. As a recent graduate student, working in the finance field less than a year, it is extremely hard for me in making a tiny positive effect on the growth of Chinese financial. However, to be engaged myself to the development of Chinese financial market is my long-term career goal.
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...
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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.
If the world, consisting of the consciences of over six billion people, wants the market to grow, then the market will grow. With international interest and knowledge, we can eliminate fraud and stock pooling to raise stock prices. The markets will be more honest, and they will grow at a rate that we need them to, in order to continue with our exceptional economic growth rate.
Personal Statement Name: Xi Xiong Personal Statement After graduating from Stony Brook University with a degree in Business Management-Marketing specialization in May 2015, I would like to join New York University as a postgraduate student to further my studies by pursuing the Master of Integrated Marketing course offered in the institution. I am convinced that my academic performance as an undergraduate and my work experience in general demonstrates my ability to undertake the Master Degree and all that appertains to its award and graduate within the required time. One of my career objectives is to be a key decision maker in the corporate world and successfully completing the course will draw me a step closer to realizing this objective.
In 1978, China was positioned 32nd on the planet in export volume, yet it had multiplied its reality exchange and got thirteenth biggest exporter in 1989. Between 1978 and 1990, the normal yearly rate of exchange extension was over 15 percent,[11] and a high rate of development proceeded for the one decade from now. In 1978 its exported on the in the world of the overall industry was insignificant, in 1998 regardless it had short of what 2%, however by 2010, it had a world piece of the overall industry of 10.4% as stated by the World Trade Organization (WTO), with stock fare offers of more than $1.5 trillion, the most astounding in the world.
In my freshman year, I won an internship with GF Securities, one of the first, full-service investment banks in China. By participating in several IPO roadshows for NEEQ (National Equity Exchange and Quotation) Listing in Shanghai and dealing with clients’ requests for option trading, I developed a thorough overview of practical capital rising procedures as well as the function of various financial instruments. Later, I sought a more globalised experience by joining the General Electric(GE). In the process of organising the new machine launching conference, I have fully utilised the cross-communication skill that helped the manager to reconcile the needs and expectations from different retailers. In this summer, I gained an opportunity to work within the Guangdong Internet Finance Association. It provided me with a valuable insight to the emerging internet finance industry and made me think prospectively toward the future business model of financial institutions. These highly diversified internships not only enriched my ability to work independently as well as in a team, building upon the criticism and implement ideas, and but also widened my horizon that inspired me to approach the problem from different perspective and reach a more objective
Despite the fact that recent reports have shown that the Chinese currency is currently facing descending pressures, it is, however, likely to improve in the future because of the enhanced terms of trade, current account surplus that is growing, and high net saving. Another reason that will make the Chinese RMB to do well in the future it is because the currency has solid fundamentals and the economy of the country is significantly increasing at a higher rate than the GDP rates. Due to the growing Chinese economy to being the second largest economy, the Chinese currency yuan has been acknowledged by the International Monetary Fund (IMF) as a major global
The article also give snap shot of the foreign companies who misjudge the Chinese culture, competition, size the market, and some other factors, have been badly affected by investing in china.
In 2008, the Global Financial Crisis broke out; both the American economy and the economy in the West suffered a hard blow. However, a big economy system in the East emerged unexpectedly. China is now able to challenge the America’s decades-long dominant position in economic area. Started during the middle of 1990s, China’s manufacturing industry developed rapidly that billions of exports were floating out, and China was given the title of “the world’s factory”(BBC). By the end of 2010, China with a GDP of $5.8 trillion, surpassed Japan’s GDP of $5.48 trillion, became the world’s second largest economy system (BBC). China also exceeded Japan became America’s largest foreign securities holder. Since then, China has been seen as the US’s biggest opponent in economic field. Some economists even say that in 10 years, China will be the same size as the US economy. No matter whether China is going to reach the US’s economy size in 10 years or not, after forty years since the US first opened trade with China in 1972, America’s economy gradually relies on China’s economy and will collapse without the strength of China’s market.
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...
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
Msc Finance of the Imperial College Business School is a good course to skyrocket my career in the finance industry. It would provide me the best path in achieving my career goal. Unlike any other Msc Fi...
The research topic is ‘The trend of investment in China’. And this research project question is ‘why investment has become to a trend in China’. Because of the development of technology and a growing economy in the past decades, Chinese people have extra money and the ability to invest more (HAO, 2006). There are three hypothesizes for this question. One is the impact of China’s technological development on the way people handle their finances, which offers convenient ways to do investment. The other is that China’s growing economy, which makes Chinese people wealthy, and has attracted increasing numbers of investors who are office workers, retiree and university students. The last one is that people tend to invest for various reason. For example, it makes Chinese people gain economic security, also affects social benefits and builds networking platforms. To test these hypothesizes, the information and different kinds of books on the authority websites and Carleton University’s online library which used in this essay. The article is aimed at the people in China who want to make financial investments and practitioners in the financial industry.
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,
Following the trend of economy, it is important to investors to understand that strong economy creates strong stock market. To elaborate further, as stock prices are increased by current and future expectations of earnings, thus without a strong economy it would be difficult for the companies to increase and sustain their earnings (Kong 2013). The economy development is usually calculated using the gross domestic product of a countries. On the other hand, a change is the stock price can also cause a major impact to the consumers and investors directly. Hence, a loss in confidence by investors can cause a downturn in consumer spending in the long term, which will also affect the economy’s output (Aysen 2011). The graph below shows the relationship of stock market price (KLCI) and the GDP of Malaysia in 2009. Thus, it can be concluded that the economy and the stock market has a positive relationship.
A Masters degree in Finance is one of the most valuable qualifications that you can add to your personal academic résumé. It is the passport to success towards achieving great things in the finance world. The main reasons why an MBA degree is important are listed below.
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 ...