I am Dhanya K Kumar and i have to go for studying MS Finance and Accounting in UK. I would like my SOP to be good so that i can persue my dreams. It would be of great help if you could help. Statement of Purpose The movement towards a global economy and unprecedented explosion of free trade and exchange worldwide has brought about immense opportunities to develop newer tools, instruments and methodologies in the field of financial management. It is this challenging environment to which I intend to contribute by evolving meaningful and optimal solutions to various problems of finance. Thus, my goal is a career in International Finance and academic research wherein I could advance analytical approaches to financial management. To achieve my career goals, I need to learn much more about current developments and techniques in finance, financial markets and financial applications and acquire hands-on experience of financial analysis. A Master's Degree will provide me with theoretical understanding, an in depth idea of practical approaches in aiding managerial decision-making and research skills to enable me to develop an expertise in the core areas of financial strategies and global corporate financial operations. I would like to probe specific problem areas such as the application of quantitative analysis to understanding various issues in global finance and improving decision-making and effect of increase in global communications on international finance decisions. It is due to my understanding of the importance of finance and accounting, coupled with my longstanding interest for this subject, that I have decided to pursue masters degree in finance at your prestigious university. For my Masters degree in Marketing, U.K is the most suited location. Being one of the most progressive nations of the world, it is laden with best opportunities and the best companies. Since, the Universities has an excellent faculty, flexible course structure, world class amenities and most importantly a friendly atmosphere for foreign students hence, it is the perfect destination for pursing higher education. Furthermore, it will enable me to understand diversity in terms of languages, culture, perspectives and experiences, which will go a long way in shaping my personality and give me an insight into understanding the different behavioral patterns of people. Earning a master’s degree in finance would ideally complement my undergraduate degree in accounting. My background in accounting provides me with fundamental knowledge of many finance-related theories and concepts, as well as familiarity with statistics and data analysis. I learned the basic tenets of finance in courses such as Economics, Management, Accounting and Public Finance. Through case studies and lectures, I broadened my understanding of economic principles while learning about management and its relationship to finance. This was particularly fascinating at the time because the global financial crisis of 2009 was wrecking havoc on economies and businesses around the world, and the theories that we learned were directly applicable to the current events in the news. In the course Financial Quantitative Methods, I learned to use mathematical and statistical methods to properly analyze financial instruments and financial markets. Like every other student when I was 15 years old I had to make a career decision for myself. At that point of time, I chose to enter the field of Finance and make a mark for myself. It was obvious that I would want to get into this field. My father is a Chartered Accountant who is practicing in the industry for more that 30 years and my mother working in an Audit firm after completing her degree in Commerce from a famous institute. My Brother In Law is also a Chartered Accountant who is Senior Manager at Ernst and Young, Pune. I grew up hearing all about Audits, Debts, Debit, Credit, Balance Sheets and turnovers of various clients and the ratios associated with the same. This discussion ultimately led me to gain interest in the field of Finance and Accounts. I gradually came to appreciate the importance of finance in the modern world. I wanted to complete my Chartered Accountant Course and join them in the field of Finance. Since my early childhood days, I have been a bright and inquisitive student.Post my 10th Examinations I started preparing for my Chartered Accountancy foundation. I started to understand the various technical terms that I had only been hearing in my family before. My Plus one and plus two education from the prestigious Bharathiya Vidya Bhavans Vidya Mandir, Poochatty, Kerala increased my interest in the field of accounts and economics and helped me in perusing the Common Proficiency Test which is the foundation course of Chartered Accountancy course and achieving the school topper award for the year with high score of 94.2%. My school life helped me to realise my ability to lead a team as I was the house captain. I did my undergraduation in Bachelor of Commerce from Sakthan College under the University of Calicut and passed the degree with a First class. During my undergraduation I also perused the Chartered Accountancy Course and from the second year of my undergraduation I stared an internship under a chartered accountant giving me the experience of part time work and education. During the internship I gained practical experience in the field of accounts, finance, tax and audit. I also understood the working of various types of industries and various types of firms. After completing my undergraduation I did MBA in Finance through correspondence from Sikkim Manipal University to get more understanding of Finance. After completing my Chartered Accountancy Course in First Attempt I joined the an audit firm as Office Manager and is leading a team of 10 members in the audit of various companies. Working with the team has increased my ability to move with different people and also being the team leader I was able to increase my communication ability and improve my leadership quality. I wish to understand the broad theoretical foundation of finance and more specifically the in-depth knowledge of the latest techniques of corporate finance. I want to leverage my existing skills with the knowledge of corporate finance to obtain a rigorous, demanding and rewarding position in this profession. The knowledge and skills in turn will help me to achieve my short-term career goals to manage capital, generate funds, perform mergers and acquisitions, and ensure future economic stability for corporation, or help financial services industry make the right financial decisions that will result in economic stability and high returns. In the long-term, such knowledge, skills and experience will help me assist Government of Afghanistan in designing, implementing and monitoring financial policies, planning and executing the financing initiatives, and interfacing with the financial community and investors. To this end, I would also like to gain knowledge in the fields of investment analysis, financial planning, strategic finance, international finance and global financial markets during graduate studies in the UK. I am confident that studying at the University will empower me with sound knowledge of the basic principles of this field and help me acquire the necessary skills to reach my goal. Also my Masters degree in Finance and Accounting will give me a strong grounding and a perfect channel to capitalize on my strengths and specialisation in the field.I sincerely hope that the admission committee finds my profile well suited to the requirements of the course and gives me a chance to be a part of the esteemed university.
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