Graduate Diploma in Finance and Banking - Admission/Application Essay Example

Boston Personal ment of Interest Please, describe your reasons for pursuing the Diploma Program. How will this program fit into your long-term academic and professional goals I have always believed in the important role of financial intermediaries in developing the economic performance of a nation by channeling excess fund from depositors to households and business organization. Professionally speaking, my long term goal is to stimulate and enhance the economic situation of Haiti through the efficient management of a financial institution which will provide the much needed financing that players in different domestic industries require.

I have devoted the past fourteen years in accomplishing this task, foregoing other opportunities in the fields and engineering to establish Compagnie Financire d'Investissement S.A. (CFI SA), a micro-finance institution which primarily function to collect excess fund from the community, giving it back in the form of credit and micro-enterprise which serves as working capital and investment fund to pump up business activity and create more jobs for the citizens. My quest in accomplishing this goal will be hugely aided by a deeper knowledge and understanding of the financial system together with the role of financial intermediaries like banks, saving and loan cooperatives, and microfinance institutions.

With my hands-on experience in managing CFI SA, I have learned that zeal and motivation are important yet insufficient in tackling and facing the numerous challenges posted by the changing business and economic climate. A Masters Degree in Banking and Finance will enhance my strengths and competencies by equipping me with the necessary knowledge and skills by broadening my understanding on various concepts such as global markets, corporate operations, securities markets, investments, methods of financial analysis, mergers and acquisitions.

In the end, it will enable me to achieve my long term academic goal of acquiring the required skills in pursuing my professional objective specifically in the field of financial decision making in uncertain business environments which covers topics like corporate finance, risk management, and private banking. Given that this opportunity makes use of the case study method of instruction, what unique role do you think you can play in the classroom I strongly believe in the case study method of instruction as it enables students to apply classroom concepts on real world situation of business organizations.

In this medium, I hope to be both active contributor and receptive learner. I will be sharing my knowledge in managing the management of a financial institution derived from my practical experience in CFI SA especially on the problems faced by a microfinance organization in expansion such as the incapacity of obtaining financing from banks, limited capital, market access, administration, legality and collateral. Recognizing that Haiti is largely underdeveloped relative to other nations, I will be giving insight on how microfinance institutions operate in this type of economy where data are often unavailable.

Have you ever previously studied and employed abroad After obtaining a bachelor's degree in Electrical Engineering in 1992, I moved to Haiti to pursue my personal growth and development and build my career. With my commitment of making Haiti a better place, I founded CFI SA in 1998. During 2002, I obtained my BA in Theology. All my 15 years of work experience are in accumulated in Haiti.