In today’s world, enormous financialactivity has caused wealth being amassed and destroyed on a massive scale. Thisdynamic has resulted from the globalization and structural changes in developedand emerging markets. The 2008 crisis in financial markets and the globalgeopolitical situation have brought it with challenges, which will require increaseddepth and understanding of the rapidly changing financial markets. I believethis backdrop requires me to further my academic studies in the fields of financeand investment. My long-term career goal is to become asuccessful consultant in the fields of finance and management. I have had akeen interest in finance and consulting, and I hope to achieve this goal after anumber of years of experience as a successful analyst. In addition, I plan topursue the CFA and have successfully passed the CFA Level I in Dec 2016. Withinthe field of Finance, I am most interested in topics ranging from equityvaluation, corporate finance, and risk management.
In particular, I find thedifferent valuation methods from discounted cash flow model (DCF), comparableapproach, and leverage buyout model essential to study for both theoretical andpractical levels. The aforementioned interests were developedfrom the full-time internship I undertook within a consulting firm, the CFAChallenge Competition I participated in at university, as well as myundergraduate courses in corporate finance, derivatives, and investment. Duringmy internship at Accenture, I assisted the consulting analyst to create a”three statement financial model” for the client, in order to improve thecompany’s financial management. I gained practical skills from analysing thecompany and building the model. Furthermore, the fast-paced and high-pressureenvironment I experienced also provided me with the opportunity to work onlarge data sets using Excel. This furthered my interest in pursuing a financecareer.
The CFA Challenge Competition I participated in during my third yearalso invigorated my interest in finance. I used various financial researchtools, such as Capital IQ, Bloomberg, FactSet, and Thomson Reuters, to conductindustry research and financial statement analysis of the target company. Ifurther developed my analytical skills through applying the DCF model and comparableapproach to value the company. To achieve my goals, I seek to deepen myknowledge in the related areas.
The London Business School Masters inManagement program will provide me with an opportunity to deepen myunderstanding of finance and business in a more effective way, and in anenvironment which is academically challenging and allow me to develop furtherin finance. The class of Masters in Management is international and welldiversified. Being surrounded by multi-national individuals will allow for anexchange of various ideas and perspectives that would benefit all students. Thecourses it offers, such as Corporate Finance, Financial Accounting, and GlobalEconomy, are vital for a career in finance.Also, the integrated modules it offers willprovide me with a comprehensive, broad perspective on business, and the GlobalImmersion Field Trip and Live Business Project will allow me to gain practicalunderstanding to apply my knowledge in real-world situations. Additionally, Iwill be well positioned to take advantage of its excellent reputation andstrong alumni network, which will benefit me of abundant career opportunities.