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Personal statement for applying master - Essay Example

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Having coped with the ups and downs of our small border trading business with Korea and Japan, I had the opportunity to have firsthand experience of the market. We deal in currency exchange and often…
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Download file to see previous pages As such, I enrolled myself in Bachelors of Financial Math, Leicster University. The key objective of financial math is to understand the construction of the best financial strategies which would minimize risk taking by preventing arbitrariness via means of right pricing of assets. The first two years of the course which focused on pure math, helped teach us the essential analytical skills and cultivated logical thinking. Along with this the course also dealt with micro as well as macro economics, all of which I passed in A-level.
It is always good to gain on site experience of the job. As such I have interned under the Bank of China with their international trading department. Bank of China,or Bank of China Limited is one of China’s four state-owned commercial banks. In terms of tier one capital, it was ranked 18th among the world’s top 1,000 banks by The Banker magazine in 2005. Their business covers commercial banking, investment banking and insurance. Members of the group include BOC Hong Kong, BOC International, BOCG Insurance and other financial institutions. It has received wide recognition from its peers, customers and authoritative media for the credit and performance it achieved in past years. It has been awarded “Best Bank in China” and “Best Domestic Bank in China” by Euro money for eight times. As a preliminary test of my abilities, I was exposed to the stock market. One of the new aspects which I learnt about was the letter of credit and how the credit crunch in the US, UK and other developed nations was affecting the economic institutions of China. The stock market taught me to use mathematics as a key to analysis of a company- of their profits as well as their potential. Undoubtedly, I made a lot of profit along with a few loses due to the credit crisis. Both these things were teachers of the real world. Other than this, when I learnt that some of the ...Download file to see next pagesRead More
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