Master of science, financial engineer - Personal Statement Example

One of the reasons I studied engineering is due my excellent quantitative abilities. I scored a perfect 800 on the math section of the GRE exam. Despite my background in engineering I have realized that pure engineering work might not be what I desire to do with my life. My love for math can be put to better use in a related field. I am interest in applying for the master’s degree program in financial engineering. I want to pursue a degree in financial engineering because this is a growing field that has plenty of jobs available due to the fact that there is a shortage of professionals trained in this field.

My background in engineering will only enhance my ability to visualize how to apply finance to optimize the efficiency of an engineering project. All engineering projects require the assistance of accountants and financial people. As a financial engineer I can become the bridge that connects the engineering and accounting/finance departments. My technical expertise in engineering will enable me to speak the language of engineers, while at the same time being able to communicate effectively with the managers and financial people.

Upon further researching the salary potential of electrical engineering I realized that even though engineers are paid a very competitive salary which hovers around $60,000 starting out, the field of financial engineering is much more rewarding. The average starting salary for a financial engineer is $80,000 to $90,000. Investing an extra two years of my life pursing a graduate degree in financial engineering is an investment that will provide me with a tremendous return on investment. Along with the financial incentive one of the primary reasons that I want to study financial engineering is because the type of work performed by financial engineers is more personally rewarding to me.

I love performing pure math and working with numbers. My college counselor told me that based on my math