Admission Paper in Finance Essay

E actually psyche has his/her story and so do I. Im writing this relation of purpose to solicit an admission into the honored Finance Phd Program. Mevery tribe endeavor into PhD to do high-level look into and teach tho my simple reason for entering is to be my testify boss. non to sound conceited, I sustain earlier worked in 7/11 from 6 am to 12 pm for many years and under unmanageable coworkers to clog up my living and schooling expenses as I scrape up from a very humble background. I understand that being ones own boss or in more euphemistic terms an free-living exploreer does non come easy, one has to first go through many years of rigors and challenges of academic world. My Masters in Quantitative pay shed built the foundation or framework to withstand any challenge that academia leave put away in the climb future. Courses that I pee-pee taken in my masters include numeric finance, real option analysis, Microeconomic theory, Financial Derivatives, Statistics , Econometrics 1, Econometrics 2, Financial modeling, Financial application, and so forth.See more Homeless satire essayI took hardly a(prenominal) research and quantitative classes because I k straight off they will inadvertently fix me for PhD . The reason I chose Quantitative Marketing is because the statistics, economics and mathematics thats involved in it mesmerizes me. In this country the advertisers have k directlyn from the stem that The heart rules oer the head. So by al embarrasseding the mass majority of passel with easy personal and mortgage loans, they have jeopardized the economy. What I would like to research is if this was a zero-sum game or not, and if yes, thusly who benefitted from it? Because of securitization, the bank did not front to make any money, and neither the homeowners that lost their home. If banks knew people were going to default, then why did they still offer loans? This whole thing is like a mathematical paradox that is yet to be solved. Ma rketing is what separates the product from its competitors. In my research Id like to learn how adverstisers use athletes to land value to the product.Nikes whole business model was based on Marketing. Top sportsman like Tiger Woods, Roger Federer, Kobe Bryant and so on atomic number 18 paid some(prenominal)(prenominal) millions by Nike. Many people perceive that by wearing the same brand as their idol does, he/she could remedy their game. But what about the Rolex watch that Roger Federer advertises? How can a watch amend anyones tennis game? Maybe , the ad implies that only Winners or so called achievers can wear it? People looking to lose weight may take up a sport and watch their favorite athlete drink Gatorade to rehydrate or replenish their energy, but fail to understand that the 46 grams of sugar in Gatorade itself is the primary reason thats defeating their weight damage goal. Ab rockets, Ab lounges are advertised by professional trainers who have spent their life doing sports. It is impossible for a 9 to 5 functional person to achieve the same resolutions, yet countless people decease prey to these infomercials.It is definitely fascinating to learn more about the well-grounded effect that Marketing has on us. Neverthless, schemes like buy one ask one 50% off, zero percent down payment for 12 months, buy now pay later are a trustworthy sell. What begs the question is whether the scheme is benefitting the consumer or the economy. After research the second most(prenominal) important thing for a phd is to teach. Even though I do not have formal teaching experience I have been teaching GRE to students from all walks of life. I definitely do not have a stellar GPA nor a GRE but I do my trade well when needed. The item that I love people makes my job of teaching extremely simple. I can wake up put of the night and walk an extra mile to give a maunder on a topic that inspires me. Having taken immeasurable courses at alliance colleges an d universities, Ive become very fond of academia. I now senesce reading, learning, relearning, and writing. Of course, my past high school and university grades dont walk the blether but the fact is I have overcome all of that with my free learning. A majority of my high-school teachers and family members doubted if Id ever finish high-school.Not only did I finish high school , I now also have two advanced United States periods. Much of these didnt come easy for me. Every parents teacher meeting and every result day from grade 3 to grade 12 was like a doomsday for me. I used to literally pray that we neer had a result day or a parents teacher meeting. My dad physically whopped me and my brother together till he injured us for move our classes with a B or a C grade. It still gives me incubus just thinking about it. He beat us because he compared us to his wealthier colleagues or brothers kids who were excelling in school while we werent. He never completed that each kid is un ique and has different talent. Perhaps, his lack of reading or short-temperedness made him violent or even so because he could not flaunt to others that his kids have the highest grade .Believe me this is what parents in south-central Asia are discussing at parties or family gatherings, whose kids are getting the best grades.. Nevertheless, at first it was a big challenge to just learn English, but as while passed, my innate ability taught me reading, writing, and speaking. In fact, English has now become my primary language. Also during undergrad I have indite myriad papers and thus writing has become a fact of my life. The writing skills I have acquired during a long period of my bear on in the academic world will unarguably be utilizable during my PhD. If not, at least I like to think so. I demand Lubbock because its a short college town and the professor who mentored me during my masters has his PhD in finance from Texas Tech . He in fact referred me to this school. Never theless, a small quite town would also enhance a persons learning since he/she will be free from all distractions. go writing this essay I hold an undergraduate sociology 101 schoolbook book.According to the book, being a university professor is considered one of the most prestigious occupation in the United States, ranking way ahead than an athlete, Dentist, programmer, Actor, and so forth. The author took the abstract from, General Social Survery, 1972-2002. Cumumlative codebook (Chicago national opinion research center. ) Such findings did stir my up my mind to pursue PHD. I real saw this in my text six years ago as a young teenager . This explains I truly have the sexual love to be a professor from a long time. The excellent qualification at Texas Tech with their wide variety of research interests , and student placements will definitely make my ambition of becoming a university professor come true. What I like about research is it removes the bias from the illimitable ent ropy we have today. Integrating information from google, scholarly journals, publications, magazines, foreign newspapers, and so forth and coming up with my own analysis is something I look forrad to do.Another thing that I like about research is its about finding patterns and relationships that are not obvious to others. My poor undergraduate GPA could be attributed to the fact that I was part of Texas Wesleyan instrument panel Tennis Team. We have won 4 national collegial championship, having me correspond TWU as a varsity player in all quaternary of them. Apart from playing NCTTA tournaments we were obligated to play open tournaments all over America. I did get a chance to play and win several open tournaments in different cities across the US. For winning the national collegiate championship, the United States House of Representative personally awarded me a certificate of excellence. Ive enclosed a copy of that certificate along with this essay. Nevertheless, team send and tournaments took up a lot of time and energy once tired, college and books were the withstand thing in my mind. Somehow, I still managed to complete my undergrad degree keeping in mind the famous American saying , It doesnt matter how many times you fail, but it does matter how you finish.Nevertheless, I realized I have criticized my dad earlier in the essay but this piece of work that I have penned down today could not have been possible without his support. Moreover, I could never make him happy with my low grades, but I always saw him rejoicing each time I won a tournament. Table tennis taught me invaluable lessons in life. When I lost a tournament or an important determine I used to feel devastated, but it then made me realize that its not the end of the world. By accepting defeat, I acquire that I have to train harder and come off strong for the near tournament. Similarly, in business and research only after failing several times did great thinkers emerge. Lastly, I thank the dean, chairman, and admission committee members for fetching out their valuable time to read this essay and also for considering my application.