In today’s world, enormous financial and economic activity has caused wealth being amassed and destroyed on a massive scale in different parts of the world. This dynamic has resulted from the globalization and structural changes in developed and emerging markets.
The 2008 crisis in financial markets and the global geopolitical situation have brought it with challenges, which require increased depth and understanding of the rapidly changing financial markets and global economic conditions. I believe this backdrop requires me to further my academic studies in the fields of corporate finance and wealth management.My long-term career goal is to become a successful consultant in the fields of finance and management.
I have had a keen interest in finance and consulting, and I hope to achieve this goal after some years of experience as a successful analyst. Additionally, I plan to pursue the CFA and have successfully passed the CFA Level I in Dec 2016. Within the field of Finance, I am most interested in topics ranging from valuation, security analysis, and risk management.
In particular, I find the different valuation techniques from discounted cash flow models (DCF), comparable valuation, and leverage buyout valuation essential to study from both a theoretical and practical level.The aforementioned interests were developed from the full-time internship within a consulting firm, the CFA Challenge Competition at university, as well as my undergraduate courses in corporate finance, derivatives, and investment. During my internship at Accenture, I assisted the consulting analyst to create a “three statement financial model” for the client, in order to improve the company’s financial management. I gained practical skills from analysing the company and building the model. Furthermore, the fast-paced, high-pressure environment I experienced also provided me with the opportunity to work on large data sets using Excel. This furthered my interest in pursuing a finance career. The CFA Challenge Competition I participated in during my third year also invigorated my interest in finance. I used various financial research tools, such as Capital IQ, Bloomberg, FactSet, and Thomson Reuters, to conduct industry research and financial statement analysis of the target company.
I further developed my analytical skills through applying the DCF model and comparable approach to value the company. To achieve my goals, I seek to deepen my knowledge in the related areas. The London Business School Masters in Management program will provide me with an opportunity to deepen my understanding of finance and business in a more meaningful way, and in an environment which will be academically challenging and allow me to develop further. The class of Masters in Management is international and well diversified. Being surrounded by multi-national individuals will allow for an exchange of views and ideas that would benefit all parties.
The courses it offers, such as Corporate Finance, Financial Accounting, and Global Economy, are vital for a career in finance.Also, the integrated modules it offers will provide me with a comprehensive, broad perspective on business, and the Global Immersion Field Trip and Live Business Project will allow me to gain practical understanding to apply my knowledge in real-world situations. Additionally, I will be well positioned to take advantage of its excellent reputation and strong alumni network.