MSc Finance and Economics Personal Purpose Statement

MSc Finance and Economics Personal Purpose Statement Samples, Editing Service

Our lives often seem straightforward on paper, despite the decisions we make and the routes we follow. Growing up in one of Uzbekistan’s oldest cities might not seem like the ideal starting point for an aspiring finance and economics scholar. As I led numerous tourists through my hometown of Bukhara, unsure of where life would lead me, destiny spoke to me through the questions my groups asked about our economy, the state of our banks, and the markets we engaged in. These inquiries were common, as my country was in a phase of recovery and reinvention after the collapse of the former Soviet Union. Yet, as I pondered these topics, I became increasingly fascinated by these very issues and considered my role as a responsible and proud citizen in helping Uzbekistan achieve economic stability. Now, more than ever, it seems crucial to take our next steps with care, establishing sustainable foundations to emerge from the global financial crisis.

Since secondary school, I have been captivated by our country’s economic situation. The excitement and discussions around me drew me into the events and plans. In 1991, we gained independence! I found myself comparing our nation to others and aspiring to make our economy as prosperous as theirs. Excelling in economics, accounting, marketing, English, Russian, and finance throughout my education and private studies, I have consistently pursued advanced knowledge and understanding of Finance and Economics, both theoretically and through practical, real-world experiences, such as reading the Financial Times and The Economist. I am eager to immerse myself in a quality MSc program in Finance and Economics. There has never been a better time to develop oneself, not just for marketability, but also to contribute to reversing the global economic decline.

I am particularly interested in international economics and financial concerns, as well as corporate and international finance courses, as these align with my research interests and career aspirations in corporate finance. While I have not yet determined my exact research area, I have a strong academic foundation to develop a thesis focused on emerging nations in economic crisis. The current global economic climate and its impact on industries in my homeland mirror the experiences of other developed and emerging nations regarding the survival of primary, secondary, and even tertiary industries in the current monetary crisis.

My ideal career path involves gaining field experience post-graduation and eventually serving as a consultant for commercial and investment banks. Sharing my knowledge and experiences would be invaluable in fostering interest in the field and providing insights to future students and existing corporations as a special instructor in an academic institution or advisor in a relevant association. More importantly, I would like to use my position in a company to promote the creation of a scholarship program, supporting Uzbekistani students pursuing education and careers in Finance, particularly those from socio-economically challenged backgrounds.

With a quality UK education and experience in London’s financial district, I will be able to return to my country to share my knowledge and experience, aiding Uzbekistan’s development. Specifically, the banking system in Uzbekistan needs to become more accessible for the people, with concepts explained in practical, non-technical language to encourage saving and investment. Using UK banks like HSBC or Barclays as models is essential to achieving this. Furthermore, addressing our economic issues such as inflation and unemployment is equally important, and I am eager to help improve people’s lives through innovative solutions.

In terms of my extracurricular activities, being involved with the American Language Club, reading books about the economics and financial matters of different countries, and interacting with new people have made it easier for me to engage in sports here in England.

Coming from the former Soviet Union, I have a perspective quite different from my academic peers. I mention this not just to add to the diversity of the student body. Living and working in England and experiencing life as an immigrant, I feel particularly attuned to the needs of many minorities; combined with my ability to speak five languages fluently, I am confident speaking in front of groups and comfortable in my own skin while celebrating the differences that make us unique.

There is a need to reach out to our diverse clients, to understand and appreciate our differences, whether cultural or socioeconomic, recognizing the rich tapestry of life we all share on earth. A future financial consultant must effectively interact with people of different cultures, ethnicities, nationalities, and beliefs. This is crucial given the influx of people with varied backgrounds into the business and financial world. With my cultural competency, I am well-equipped to connect with diverse clients, regardless of their country of origin. This is what I bring to the student body, anticipating many opportunities for group assignments, teamwork, and projects.

Throughout my education, even from an early age in Uzbekistan, I have been aware of the reputation of British educational institutions. Coming to the UK is an investment in my future, to strengthen my academic foundation and equip my ambition with the knowledge needed to achieve my dreams. My city has stood for 2500 years. Through my choices and contributions, I hope to make a significant difference in aiding her during this time of need. Thank you for your time and consideration.

MSc Finance and Economics Personal Purpose Statement