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My interests in other areas have also been diversified; I have pursued many adventures, participated as president of many clubs, and won many competitions in music, sports, dance and more. My strength has always been academics however. During high school I was presented the unique opportunity to come to the United States and continue my education. It was here that I decided to study history initially. Though my parents pressured me to study finance or business, I found such work tedious at least initially. I did however entertain my parents and begin taking more classes in finance. This was probably the best decision I have ever made and helped create the professional I am today.
The more I learned the more I came to understand that finance was more than crunching numbers. The field of finance has a unique history all its own. Finance is an interesting and creative process, which I cam to realize after some time. I have since began to recognize how financial analysis, research and teachings can contribute to our welfare.
My desire to learn more about finance has grown significantly since this time. During my senior year I became interested in pursuing my PhD in finance, and decided ultimately I would prefer to pursue a career...
Talking with finance students, I learned that I would face many challenges in this unique and diversified field. Friends, family and colleagues encouraged me. Professor Bernadette Minto and Kewei Hou encouraged me and helped my skills develop in different ways. During my discussion of finance with professors and students alike, I came to realize how interrelated economics and finance are. It was then that I made the decision to pursue a second major in economics and business. To further my understanding of finance I also pursued a master's degree in economics. During this time I achieved and maintained a 4.0 GPS and came to understand how central math is to finance. I have since audited linear algebra and elementary real analysis, but still feel my math skills are lacking and hence plan to improve my skills as much as possible.
Lastly, I would like to add that while my GMAT score is reputable, I feel my score does not adequately represent my ability to succeed at your university. My GPA is a far more accurate and consistent measurement of my ability. I believe with your guidance and support I can fulfill my dream and enhance my knowledge and education of the world of finance. Thank you for your sincere attention and interest.
Finance One difference between industries with high leverage and low leverage is a split between the need for fixed assets (high leverage) and a reliance on intellectual capital (low leverage). Airlines need planes, construction companies need equipment, and communications and hotel companies need infrastructure capacity. This compares with computers, drugs, biological products, educational services and electronics, all of which rely heavily on intellectual property to derive value. The conclusion that one
Great Depression Angela Thomas The Great Depression was a pivotal time in the history of the United States and as a result, American business, banking, agriculture and society were drastically altered. It is commonly believed that the crash of the New York stock market at the end of October 1929 caused the Great Depression, but in reality this turbulent period of American history was brought on by a number of factors. And
Functional Perspective Though financial systems change over time, their functional perspectives do not. Operational financial systems are expected to be similar in all economies, hence, its necessitated reliability in the system. A functional perspective is mainly used in doing financial analysis in a financial system. It provides a foundation for referring to a country's financial system. The financial perspective also assists in evaluating the system actions. Using a financial perspective in
Furthermore, the assumed 'cooperation' of these assets when put in portfolio maybe perceived differently by the manager than the reality will be which can lead to losses. On the difficulties side, first of all, the opportunity cost of capital is the hardest assumption to be drawn. Opportunity cost of capital is the expected rated of return which could be achieved from investing in a business endeavor with the same risk.
Finance Assessing a Potential Investment in Facebook Under the concept of time value, money today is worth more than the same amount in the future (Nellis and Parker, 2006). This is over time, inflation will erode the value of money and in a years time $100 will buy less than it will buy today. If Facebook is offering a $100,000 bond, for one year, the investor, wanting to make a profit and
Finance Time Value of Money; Assessing the Value of a Starbucks Bond The concept of the future value of money and the present value of money are useful when assessing potential investments. The future value of an investment is the value that the investor will expect to receive at some point in the future. If an investor is considering purchasing a Starbucks bond which will pay one $2,000 in a year's time,