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Master of FinanceBentley College - Admission/Application Essay Example

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The greatest team project I've ever been a part of was as treasurer of my fraternity house. As treasurer, I held the 3rd highest position in our 40-member brotherhood's 10-person executive board. Our frat house was located off campus and we had $10,000 in funds from dues and assorted fundraising activities…
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Master of FinanceBentley College
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Download file to see previous pages Making matters more intense, failure was not an option. Failure meant our chapter would go bankrupt and lose our fraternity house. There was no one to bail us out if we made a mess of things or mishandled funds. Not even the national fraternity headquarters would come to our rescue. When first nominated for the position, I was hesitant to accept, fearing that I would mess up or cause the loss of the house. While running for the position, our fraternity was in debt with barely enough finances to keep and maintain our chapter house. Based on my high grades and reputation for having a talent with numbers, my fraternity brothers elected me as their treasurer.
I was elected to the annual position in May of 2004. We had only a year to complete our tasks. This meant I had to sit down with the president of the house and organize an appropriate budget for the upcoming year, which began the following September. This required us to determine how much each member of the fraternity would need to pay for their annual dues, the amount of funds that could be allocated for specific events and/or materials (recruitment, alumni weekend, formal, and the house supplies). Throughout that summer, I had conversations with fraternity members regarding due collections and available payment plans. Without this money, as well as the knowledge of when this money would be received, our house would end up in serious financial trouble.
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