Please help me with my statement of purpose for MSc Finance in Sweden

During my undergraduate studies in management at , I instilled in myself an idea of economy and its role in the development of a country in whole. I learned about different economic systems that affect countries’ development. And most of all, I was interested in financial and banking system of economy. That is why I chose “Financial Development and Economic Growth: Example of Turkmenistan” as a subject of my graduation thesis. While developing my thesis I understood the important role of financial system in transition economy. Turkmenistan, after the collapse of the communist thereby getting independence, realized many different reforms tilted to transition to capitalist economic system.

In the first years of independence had very weak financial system, which contained few state owned commercial banks. After successfully realizing several reforms the number of banks increased; moreover, there opened foreign banks like EBRD or Deutsche Bank. But there is much more to be done, and my country needs to implement more reforms in order to have good functioning financial system.

While studying at university, I was also a member of the Club of Improving Management and Entrepreneurship. At the university our club was the most active one that organized different types of activities. Among activities was the annual one: Week of Entrepreneurship that comprised conferences in which attended students and representatives from international and domestic companies; projects’ contest among students and bazaar entrepreneurs. At the end of that week we also rewarded the best entrepreneur of the year, who had been selected according to sales amount, employee’s amount, customer demand satisfaction and regarding several other criteria. Being part of that club was one of the greatest experiences I got during my studies.

After graduating from university I worked both for public and private organizations: state owned organizations such as Statistics and Information’s agency and foreign companies such as Panalpina and Schlumberger. While working for transportation company Panalpina as an Operations Executive, I learned about conditions of international trading and shipping. Also I understood how international companies carry out job. My main responsibilities in Panalpina were timely preparation of documents and control over customs clearance process of imported goods. Most of our clients were oil and gas companies who ordered and imported different goods like hazardous chemicals and explosives. While I was dealing with the transportation of different types of goods such as explosives and chemicals, I had an opportunity to get to know what type of work and services Oil and Gas companies conducted. Such curiosity ultimately enabled me to get another job in Schlumberger, one of the world’s leading well services providing company.

Working as an Accounts Payable Accountant in Schlumberger was greatest experience. In Schlumberger my main responsibilities were to control Petty Cash transactions and to carry out the payment of invoices of our contractors. Of course company of such levels had plenty of contractors supplying materials and services from different countries. Thus timely payment of invoices was high priority. Payment of invoices included steps like checking them with contracts and prices agreements and management’s approval to proceed with payment. Working in such companies helped me to develop my communication skills, capability to work under pressure and has taught me how disciplined the world of work; discipline that will be essential at university.

Earning Master’s Degree in Finance is a next step in my career that I dream to pass over. 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 strongly believe that experience is crucial and is the only way to understand the theories behind the facts. I aim to build up my existing skills with master’s degree in Finance into perspective by experiencing the rigorous of work environment. I hope to get a demanding and rewarding position in this profession.