Question
I am going to apply Quantitative Financial Economics.(MSC)
Can you write a personal statement for me please.
Please upload a personal statement, of approximately 500 words, in support of your application. You may wish to include some or all of the following points:
Your reasons for choosing the programme.
How the course fits in with your future career plans.
Any work, placement, or voluntary experience that you have undertaken, which may be relevant to your choice.
What you hope to gain from your programme and study in general.
Answer
Personal statement
Name:
Professors Name:
University Name:
City, State
Date:
Global economies are becoming more dynamic due to the advancement of technology, and its impact is felt everywhere. Therefore, I believe this is the perfect time for me to acquire more knowledge in finance since it is one of the segments that are playing significant roles in the rapidly changing global economies. The relevance and significance of related economic disciplines in the modern world have led me to want to pursue Masters in Quantitative Financial Economics. Creative thinking, adaptability and application of technology are now fundamental to managing finance (Anderson et al., 2012). The reason I choose to pursue MSC in Quantitative Financial Economics is because I have keen interest to; comprehensively understand financial modeling, accounting, and legal implications. And also understand the behavior of various agents in the financial markets. This knowledge is central for me to develop hedging and innovative risk management solutions inherent in developing investment portfolios.
My interest in finance burgeoned during my second year when I learned about capital markets and financial markets. During this period, I learned about the theory of investment, capital markets, and the underlying fundamentals required when making investment decisions. My ambition is to work in the financial sector, perhaps as a financial advisor, or a quantitative financial analyst. Therefore, MSC in Quantitative Financial Economics will enable me to acquire requisite quantitative skills that are paramount for me to excel and have a fulfilling career. I am always keen on learning finance and have read widely on the subject. I always closely follow the latest development in finance, and I am a keen reader of Financial Times and The Economist. The former Journal provides me with enormous information in the financial and corporate world, and the later provides insights about current trends in economics, politics, trading, and business.
Due to my interest in finance, I successfully underwent an internship program at Jefferies Group. I learned how financial markets operate; I was given an opportunity to work with a group of experts, where we did financial modeling and managing of investment portfolios for various clients. My duties involved analyzing market fundamentals, preparing investment committee material for potential investment, and advising clients accordingly. During my internship, I learned how to construct financial models and developing leveraged buyout models for obtaining a valuation of equities.
In campus, I participated in many economic workshops, and I was a member of the debate club. We regularly discussed current trends in economics, finance, and corporate finance and argued about different economic theories and its relevance in today’s corporate world. When I am free, I like to play club cricket Badminton and Chess, from which I learned self-discipline, teamwork, and corporation.
By and large, I hope to develop skills in quantitative analysis, methods, models, and techniques currently employed by companies in the finance industry (Embrechts, & Hofert, 2014). I also hope to learn other econometrics skills required for researching different topics. Therefore, MSC in Quantitative Financial Economics will act as a stepping stone for me to fulfill my ambitions of becoming a Quantitative Financial Analyst. Quantitative Financial Economics is my main concern, and I can promise that my thirst for knowledge and attaining the very best will make me excel in the study.
References
Embrechts, P., & Hofert, M. (2014). Statistics and quantitative risk management for banking and insurance. Annual Review of Statistics and Its Application, 1, 493-514.
Anderson, R. M., Bianchi, S. W., & Goldberg, C. L. R. (2012). Economics 296, Statistics 260 Quantitative Risk Management I Modeling and Measuring Financial Risk Syllabus.