In recent times, I’ve discovered a love of taking a look at the current situation and their impact on the economy. The reason for this is my enjoyment applying maths to analyze an issue, as many scenarios can be explained in a clear manner through maths. Economics is an area which is extremely alive, and that’s the reason it is so fascinating to me.
This has triggered my interest in observing the application of economic models within banks in real life. I am interested in this course as it allows me to study two interconnected topics. This course will enable me to integrate their tools to understand the theories and practices of financial markets , and also use economics to study data, which will help prepare me for a future career in the finance sector.
I’ve always been interested in the business world, therefore I am a BTEC certification in Business along and my Certificate as well as the Diploma in Finance Studies I am studying at the moment has given me important knowledge of finance and business
I’ve witnessed and felt the 5percent drop in GDP in the period between 2005 and 2007 driven by political tensions such as the coup in 2006 which have slowed confidence of consumers and investors at a national and international level. Even with the military’s restrictions on capital flows to international investments lifted, recovery is slow and very options-valuation strategies are not employed, or have less impact.
In my studies in economics, I’ve been interested in particular ways in which firms behave to pursue their own goals, for instance when it comes to an oligopoly in which rival companies cooperate. To increase my understanding of the subject I delved into the notion of game theory as well as its limitations. Nash equilibrium. I applied my understanding of market structure to analyse the cell-based industry.
After its remarkable and unprecedented economic growth, China is now reaching the point of no return. Although we are still reaping the benefits of reducing poverty growth, industrial booms and expanding financial markets however, there is a widening divide between rural and urban communities, as well as growing anxiety about the sustainability of a lot of our economic policies.
This allowed me to observe the way a company operates at a local level, but also allowed me to observe how retailers communicate across the nation and how the local changes influence the inventory that is delivered to every store.
The primary thing I loved regarding financial risks was the tangible nature of it. As history has proven that financial decisions can be a significant influence on society in both ways, positive and negative. Finding ways to limit negative consequences, and to manage risk effectively, interests me as an important element of the modern world.
I also have learned how to establish an organization and run an efficient business after I was appointed as the company’s Financial Director for the newly established enterprise scheme. I learned how to lead meetings and also improve my negotiation and presentation abilities. I love playing the classical guitar in my spare time and had the privilege to perform at school concerts during my time in school.
The teaching and research will help me analyze the financial markets with a thorough analysis based on both financial economic and economic theories and statistical techniques. I will be able to learn about assets, investments derivatives, financial engineering and derivatives using a unified perspective of economics and finance.
The need to improve my community as a environment prompted me to take on volunteer work. My current position as Youth assistant allowed me to organize various events to bring the youth together. This has helped me develop my team-working and social abilities. It was crucial to be able to collaborate effectively with other team members to ensure that this event to become successful. Alongside this I was able to help oversee the finances and make sure that the budget could be sufficient to cover any trips or events scheduled.
Through my entire time of education, from the age of a child in Thailand UK’s schools and their reputation is well recognized. Moving to UK is in large part a decision to invest into my own future. It will build my educational foundation and to give me the necessary knowledge to bring my goals to reality.
Making the decision to pursue the field that I am interested in and has a significant impact on the world can ultimately assist me in realize my dream to improve people’s lives by improving the quality of life for millions or billions, of people around the globe.
I feel that my talents knowledge, experience, and personal qualities make me the ideal candidate for studying Economics as well as Finance. I am excited about the challenges I’ll encounter at the university level and to discovering more about the theoretical aspects of finance and economics, as well as the practical application to these concepts.
The course is not just an enticing mix of specializations and modules but its reputation as well as research excellence will aid in propelling me into a position of a graduate who is competitive in jobs. I believe that because of my enthusiasm and interest in the field, as well as the high-quality resources of this course I will find this university to be the best choice for my studies.
What Should Be Included In A Personal Statement In Economics?
Create Your Own Personal Economic Statement Be Different.
The main component of each UCAS applications is the personal declaration. Personal statements for economics must be able to demonstrate an knowledge of the statistical and mathematical aspects of the subject, as well as an keen interest in issues of global economics
What Is The Relationship Between Finance And Economics?
Finance Economic and Finance are closely related although they are not exactly the same discipline. Economics studies global or local human behavior, markets as well as goods and services etc. Finance studies financial systems, and everything that is related to them, including loans, banks, savings, investments, etc. Both of these disciplines can lead to lucrative and well-paying jobs.
What is a Personal Statement in Finance?
The personal statement of financials is the type of spreadsheet which outlines the liabilities and assets of a couple, an individual or business at a particular date. Most often, the spreadsheet is comprised of two columns with assets on the left, and liabilities being listed on the right.
Why Should I Study Economics At University?
Additionally an economics degree can prepare you for jobs that require quantitative, analytical and problem-solving skills, for instance, marketing, business planning research, management and other. Economics allows you to make smart decisions and think about how to maximize the results.
How Do I Want My Personal Statement to How Long Should My Personal Statement
A common rule that you could apply is to send an outline of 2-3 pages, double-spaced with margins of 1 inch, and in 12-pt. Times New Roman font. Although there aren’t any established rules for size or style, this font is usually considered acceptable and adequate.
Masters in Financial Statements Personal Statements
The personal statement you write for the Masters in Finance must include a narrative. People connect with stories and can remember the stories they hear. The story should be a tale that puts your personality in a positive way and highlights your strengths. It shouldn’t be boring. You need to discover an approach to stand out , while remaining easy.
Are The Two Fields Of Finance And Economics More Difficult Than One Another?
The subject of Economics is more challenging than Finance due to the use of more sophisticated math (algebra calculus, calculus, and differential equations) to explain more complex situations and processes, which makes it difficult to grasp. Keep in mind that the degree of difficulty will depend on the level of your interest and your skills.
How Do I Write A Statement Of Purpose For A Master’s Degree In Finance?
As I progress in my career I would like to not only help stop future financial collapses from happening as well as to assist institutions make use of their resources to the best benefit. I’m confident that I’m well-equipped to meet the needs of your plan, and I am grateful for your consideration.
Five Reasons to Learn Economics?
Below are 5 reasons for the study of economics is crucial.
- Informs decisions. Economists provide forecasts and information to guide decisions in companies and government. …
- Perspectives from around the world.
- Everything is affected. The economy has an impact on our lives daily. .
- It inspires success in business. …..
- Industries are affected by the impact. …
Why Are People So Passionate About Economics?
Since economics is a thorough approach to thinking about trade-offsand incentives as well as the costs and benefits and has a variety of practical applications. It can assist a business become more profitable, but it can also assist policymakers in forming more effective public policies that impact the lives of people.
Potential Salary for Economics and Finance
According to the National Association of Colleges and Employers (NACE) has reported the average starting salary as $55,965 for majors in economics. Students in finance weren’t too far off with a mean of $55,609. Both are over $5,000 more than the median wage for all levels.
Are the Finance And Economics A Good Combination?
Stock market! If any of them make you feel excited, then financial and economics might be a perfect double major combo. There’s a good reason why people consider economics to be”the “mother” of financeIt’s crucial to understanding the financial market from both a quantitative and qualitative quantitative angle.