Essay About Msc Finance And Empirical Research Methods

Marking Creteria
I developed a deep affinity for learning how capital operations affect the nature of individual businesses by watching my father. When he explained the process of directing a reverse merger plan that achieved a 180% return in 4 years, I knew that I would find my way into the industry. My three years studying economics and my four complementary internships created a foundation for me to understand the nature of capital markets, and my time at MSc Finance and Economics or MSc Finance program at LSE will allow me to develop the skills necessary to be successful in capital financing and market operations.My coursework in economics has served as the foundation for my continued interest in finance. My monetary and financial economics class inspired me to find the intersection between finance and economics by learning the Lucas tree model which connects asset pricing with customer theory, while econometrics and time series analysis courses equipped me with empirical research methods to build financial models. Furthermore, my experience in mathematics and computer science demonstrates the quantitative skills necessary to be successful at LSE. For example, I took two C++ programming courses with a weighted-average score of 92.5/100 and secured C++ NCRE second grade certificate with an Excellent Level.In addition to challenging myself academically, I have also conducted economic researches to improve my understanding of how financial theory actually plays out in practice. I directed a research study on fairness and governance mechanisms of taxi software based on public and welfare economics. This social research not only allowed me to apply the economics and statistics methodologies that I have studied in the classroom, but it also provided me with a leadership opportunity to manage a team of five researchers. More recently, I began to conduct a research with one of my professors to analyze the optimal finance structure for the Chinese finance system. We are building regression models to determine the sources of fragility of the Chinese finance system and are developing an incentive compatible financial system, which is suitable to China’s current industrial structure and risk features. Furthermore, we aspire to construct the dynamic stochastic general equilibrium model of financial structure evolution. While academic and research experiences have demonstrated to me the spacious finance world in theory, my internships served as opportunities to explore various aspects of the finance world and discover which ones resonated the most with me in practice. During my internship in the private banking sector of Minsheng Banking Corp, I assisted in creating wealth preservation plans for high net worth customers by using private family trusts or oversea large policies. This internship exposed me to the application of financial instruments that I had learned about previously in class and encouraged me to dig deeper in individual finance. Soon after, I was chosen as a member of 2015 Citibank Young Talent Program from a pool of hundreds of candidates. At Citibank, I got my first experience with projecting structured products, and I headed a team of nine members. Together, we designed personal finance plan for a number of Chinese celebrities. My experiences in individual banking exposed me to the application of financial products in personal finance, while my internships at Haitong Securities and IBD of Shanghai Banking Corporation cemented my interest in capital operations and served as the catalysts for me to apply to MSc Finance and Economics program and MSc Finance program in LSE.