Sunday, December 8, 2019
Personal Statement on Educational Qualification â⬠Free Samples
Question: Disccuss about the Personal Statement on the Educational Qualification. Answer: A personal assessment statement looks into assessing the various abilities of an individuals character and it looks into the goals and aspiration of an individual (Stanton Stanton, 2013). The current assessment is done based on the educational qualification that is inherent to the individual. I have pursued finance in my major and the questions have been answered in accordance to it. Professional education goals I took up finance as my preferred subject for pursuing my Major because the commerce industry has been my aspiration from a very early age. I want to be a part of the finance industry and work in the leading organizations of the sector. The professional education goal that I have is to be a financial analyst of an organization and provide my inputs in the budgeting and other financial decisions. I want to get into the industry and create a mark for myself by bringing in innovation in this industry that does not find many innovators in the working. Themanagement of financial risks that are involved in running an organization is one of the most challenging profiles for me and I wish to be part of the process. Various organizational non-responsiveness are found on part of themanagement towards the various inputs that are put forward by the financial analyst (Blagoeva et al., 2016). Dealing with such situations and allowing the company to stay a step ahead in the market in times of finan cial crisis has been one of the major professional education goals for me since pursuing a degree in the Finance. Using the education Finance is a sector that has its validity everywhere (Gitman, Juchau Flanagan, 2015). Investment is a practice that is prevalent in every part of the society. Be it from huge organizations or any small amount from a family for a certain cause, everything falls under the category of finance and investments (Titman, Keown Martin, 2017). The use of a finance degree to manage various investments in the family finance is essential and I do help my family in dealing with the investments and make the call for them so that the funds are safe and secure. Every family has a budget for expenses and investments separately and in my family I look after the investment budget and make sure that they the investments are done in the right places so that loses are not incurred to the family. I plan the investment routine for my family so that the cycle is maintained. I make sure that the investments that are made benefits the family members by providing them with tax exemptions and likewise advantag es. The analysis of the investment and regulating them in accordance to their market position, the buying and selling of shares in the trading market for the family investments, evaluating the profit and loss for the economics of the family are some of the work that are benefitted due to a degree in finance (Hibbert, A. M., Lawrence, E. R., Prakash, 2013). Contribution of education to professional development Education always helps an individual to develop himself into a person who is professionally able to cope with all the needs that arise in the workplace day-to-day. Schools and colleges make sure that along with the degree that they hand out to their students, they also teach skills that are effective in real professional world so that the pupils can attain success in their respective workplaces (Moon, 2013). The finance degree has allowed me to understand the various analysis techniques that are required to plan an investment and to understand the risks that are involved in taking the various financial decisions. The conduct in the professional world are imparted through this degree as I have been assigned many practical projects that have allowed me to know the real world features of the workplace. Education in finance subject has helped me in getting an insight into the industry in a better way and the various threats are well known to me. In case of situations that will need immed iate attention on part of the budget analyzer, I have acquired skills of riskmanagement and financial damage control that will help me in dealing with those situations in my workplace. Such risks may include a degradation in the company image, market share and monetary loss (McNeil, Frey Embrechts, 2015). Essay In the next step of my education, I wish to pursue a Phd in finance. Finance is a subject that piques my interest every time and I wish to learn more about the subject so that I can have a greater hold over the subject in total. After majors are completed, I wish to delve into a deeper understanding o the subject by opting for a Phd course on the same. The step will allow me to know the various theories in details and need me to submit a dissertation on a topic of research decided by me. The upcoming step shall enrich me with the knowledge of the micro and macro economic theories that are prevalent in the world and the entire financial system bases on those. I will select economic theories for my paper in Phd as I aim to understand the functioning of the global economy and its various practices in a wider perspective. The program will make me aware of the theories ofrisk management and conducting the research for the dissertation will be a challenging task as according to Street Ric hardson, (2015) getting a sample base to respond to the research methodology in a genuine way is difficult. The step will allow me asses the various economic failures that have been witnessed in the market and I will analyze them aligning them to the theoretical aspects of finance. My previous education life has been based on the lines of finance and my degrees are in finance as it remains my strength throughout and I like exploring the subject further and deeper. I have worked on college projects that needed me creating hypothetical situations and their various analysis and interpretation. These experiences have enabled me in understanding the style of analysis that is required to deal with issues that arise within an organization due to financial debacles. It also enabled me in evaluating the reasons that lead to such financial loses and debacles in and around the market for certain companies. The Phd program relates to my previous degree in finance as I have been studying the cor e concepts in those courses and a Phd will help me in getting a better understanding of those concepts in much detail. I have always wished for a career in finance and financial analysis. Financial analysis and budgeting is a goal that I wish to accomplish in life at a certain stage. Budgeting and analysis I believe adds a challenging aspect to a job and being a financial expert I wish to deal with these challenges in order to come up ideas that will benefit the organization of which I will be a part. Capital budgeting is the process in which the amount of budget that will be assigned to a certain investment is decided (Grob, 2013). The finance of an organization needs expert calls at certain stages to ensure that growth, development is achieved in the field, and the organization does not face any stagnation in the overall performance (Custdio Metzger, 2014). The finance degree and education present in my profile will allow me to handle the financial decisions effectively because o f the theoretical that has been imparted in me as a part of the education that I have received. References Blagoeva, R. R., Mom, T., Jansen, J. J., George, G. (2016, January). Organizational Non (Responsiveness) to Negative External Feedback from Financial Analysts. InAcademy of Management Proceedings(Vol. 2016, No. 1, p. 12252). Academy of Management. Custdio, C., Metzger, D. (2014). Financial expert CEOs: CEO? s work experience and firm? s financial policies.Journal of Financial Economics,114(1), 125-154. Gitman, L. J., Juchau, R., Flanagan, J. (2015).Principles of managerial finance. Pearson Higher Education AU. Grob, H. L. (2013).Capital budgeting with financial plans: an introduction. Springer-Verlag. Hibbert, A. M., Lawrence, E. R., Prakash, A. J. (2013). Does knowledge of finance mitigate the gender difference in financial risk-aversion?.Global Finance Journal,24(2), 140-152. McNeil, A. J., Frey, R., Embrechts, P. (2015).Quantitative risk management: Concepts, techniques and tools. Princeton university press. Moon, J. A. (2013).Reflection in learning and professional development: Theory and practice. Routledge. Stanton, A. D. A., Stanton, W. W. (2013). Building" Brand Me": Creating a personal brand statement.Marketing Education Review,23(1), 81-86. Street, C. N., Richardson, D. C. (2015). Lies, damn lies, and expectations: How base rates inform lietruth judgments.Applied Cognitive Psychology,29(1), 149-155. Titman, S., Keown, A. J., Martin, J. D. (2017).Financial management: Principles and applications. Pearson.
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