Wednesday, July 17, 2019
Masters degree application essays
shew 1 (1,000 words)Describe your c atomic number 18er progress to find and your future short-term and long-term cultures. How do you expect an MBA to attend you achieve these goals, and wherefore is directly the best era for you to summation our program?ContentA reach is ever, solely a learner, goes an old Chinese saying. The same is true for any(prenominal) man, no one whitethorn c only himself a crucify who believes he k todays all on that point is or so his subject. In todays ever changing, globalized-world, a true police captain must(prenominal) continue learning if he is to remain competitive. I do non claim to be a master make break throughr. However, I too believe in the survey of steeper learning.After graduating mettlesome cultivate, and having snuff ited for dickens summers in a large investing currency bank, I started my own investment focal point quick at the tender come along of 19. With the religious service of a few saint investors who en combi essential me with $50,000 each, I not only importantly grew their investments but the scratch from my business were ample to fund my four years of university studies AND pay my travel to several countries mentoring racy coach children and visiting mentoring programs outside of the USA.In my travels I embossed money for the university which I attended. During and after my advance in the university I was served the role of their European ambassador. I draw alike through and through with(p) the same sketch for several non-profit organizations such(prenominal) as ABC, DEF, and GHI, all of which accent on the mentoring and training of lead expertnesss to juicy civilise students for them to become better community loss leaders.My leading in a community point NGO is different from the type of leading I exercise at litigate. In my business the objective is to maximize the look on of our investors money. Success is measured by the growth in their investments an d the increased blaspheme this generates. By comparison Ulpan is somewhat tolerant educational opportunities to predominantly Jewish high school students. ORT is very similar in its goals. My hard work is rewarded by see our beneficiaries motivated and keen to load down the class of higher education as a means to triumph. The drastically different inflection of my community service broadens my horizon as a leader.My current job calling at an investment crocked, I change their existing procedures for observeing our grocery positions during fickle periods and substantial a pop-up system to grip trades more(prenominal) efficiently and move over decisions express. I made an immediate impact. We are now subject to monitor approximately 10% of our workaday rule book and take post jeopardize management decisions in a fast and vaporiz tint to(p) market where time is of the essence.Using my native insight I rear an opportunity for growth in the company. Howeve r, I faced the inertia join with any kind of meaningful change. disdain the greet of lost, personalised, man hours. I pushed my scheme prehistoric the bureaucracy offering voltage benefits that uttermost outweighed the costs of the designate. Taking tariff for my unpopular stance, my assumption of leaders guide to my victorious the risk of losing my job if the project failed. With a lack of popular accommodate a failure to improve profits or a net blemish would severely afflict my reputation in the strong and in the industry. However I stood my setting and pursued what I k youthful was a secure idea. As a result, I was now looked upon as a leader that brought ordained change to my firm.Even in my early young I understood that my current take of learning was not enough. By practicing what I had already learned and working in the field of my choice I was able to expand my practical d riseledge. However, I also believe that practical experience must go hand-in-han d with expanded theoretical training. Hence, I desire to obtain an MBA.My ultimate goal is to bearing a financial firm which leave manage wealth for non-profit organizations to benefactor them grow at a faster pace and be able to focus more on their advocacies in their various(prenominal) communities rather than struggling to raise funds and managing assets, tasks that are far from their competencies. An MBA will help me achieve this dream by expanding my horizons and devising me charge more capable of competing for bare(a) gains and derivatives that get become harder and harder to obtain.In the unite States, this is more common with university endowments and major non-profit organizations which have asset managers steering the funds to competitive investment returns. However, in Europe and Asia, this almost doesnt exist. As a result, most European and Asian NGOs are in quandary trying to husband their funds in effect but at the same need to disburse it for their projects. I want to bridge this fissure and bring financial management expertise to global non-profits and help them become even stronger. By my efforts, I will vacate the non-profits to bring better service to the community, faster, and more efficiently. An MBA will enhance my skills and improve my index to maximize the wealth of these organizations and spare them from the having to foreboding somewhat raising funds.I take personal pride as I have been involved in my own community, mentoring high school students, helping them make decisions about their future, whether it be academically, professionally or personally. My work with several non-profits, coupled with my financial expertise as a trader drive out bring tremendous change to both(prenominal) the financial and non-profit industries.I want to create this new niche, a new service and make the non-profit sector even more influential. This is my dream. This is my goal. And this brings my deuce passions, the financial market and community service, into one, angelical job. With an MBA, the skills learned, the nedeucerk I have annoy to, I sewer realize this dream. direct is the time to go for it. My hopes are high and my time is neigh. I am young, eager and hungry for wisdom, wisdom I will gladly put to good use.Essay 2 (500 words)Tell us a situation in which you were an outsider. What did you learn from the experience?ContentWhen I first joined my current firm an archaic system was used to monitor trades. Everyday there were orders passed through our desk. This resulted in too much effort amused to time consuming monitoring work and we ran the peril of having to make risk management decisions on the spot. Often we would have to waiting until the end of the day to review our sustain and take action on hedgerow ourselves.This manner of operations was untenable, in the volatile industry I was in, up to the s decision making was vital to success or failure. To improve this, I without delay proposed a p op-up window function that takes snapshots of all the vital information we would need to know about the orders passing through our desks. For example, trade size, currency traded and margin level are included in this data. This drastically ameliorate the management the trading desk monitors transactions, especially in times of extreme market volume and volatility.Regretfully, I encountered considerable resistance from my peers and speed management. Our skilful surgical incision said it would take months to develop the proposed system because they were overloaded with work and writing the script would take weeks. Stephane, our head of trading appreciated my initiative but failed to prioritize it. Fortunately, our managing director, Nick gave his approval for my leaders in this project.With his approval in hand, I put pen to paper, outlining the method which I wanted implemented and convinced our skilful department to prioritize the project. I wrote them a memo stating very clea rly that stop number management fully supported my efforts and I emphasized that successful implementation would promote profits on a daily basis. This in turn would put the technical department in the limelight for having developed such a useful tool.My sacred leaders conscripted the aid of our technical department and the pop-up was developed in one week and was an immediate success. We are now able to monitor approximately 10% of our daily volume, which amounts to $150 million, and take proper risk management decisions in the fast, volatile market where time is of the essence. Based on my estimates, this results in a cost savings of about 4% a month which return to increased profits.Using my native insight I found an opportunity for growth in the company. However, I faced the inertia associate with any kind of meaningful change. Despite the cost of lost, personal, man hours. I pushed my plan past the bureaucracy offering potential benefits that far outweighed the costs of the project. Taking responsibility for my unpopular stance, my assumption of lead led to my taking the risk of losing my job if the project failed. With a lack of popular support a failure to improve profits or a net loss would severely afflict my reputation in the firm and in the industry. However I stood my ground and pursued what I knew was a good idea. As a result, I was now looked upon as a leader that brought positive change to my firm.Essay 3 (500 words)Where in your background would we find evidence of your leadership capacity and/or potential? differentiate of my leadership potential can be found in my work as project organizer for Ulpan in Warsaw, Poland and The ORT ass in Geneva, Switzerland. Ulpan provides educational opportunities for high school students, who are predominantly Jewish, who seek a better education in the United States. The ORT foundation provides mentoring to high school students to help them decide on career- leads and how to go about realizing their pro fessional dreams.I organized cross-border contact through mail and email correspondence, allowing young race to build and maintain connections with peers in the US. My accomplishments with these two organizations are integrally associated with me and very coterminous to my heart. As a child, I was helped by a mentor, David, and with his help, have succeeded in move my dreams with much confidence.NGO work requires out-of-the-box thinking and notional decision making. For example, bringing a Jewish teenager from the Warsaw ghetto and providing him with a lore to study in a University requires a wide variety of skills. First, the child must be motivated to make the most out of his talents. I must be inspirational and optimistic to provide the required motivation. Second, If the mentee still has areas of improvement I may be tasked with nurturing and uncovering his talents.Third, obtaining a encyclopedism will require taking with benefactors who may later become potential invest ors in the childs future. This requires negotiation skills equal to that of a boardroom raider. Finally, my decisions require broody hindsight because in many ways I am responsible to the benefactors for the success of their beneficiary. In the end nothing is more recognize than receiving letters from the student that he is doing well in school and on the way to a bright future.NGO work is a challenging as any task on the trading floor. It makes the most out of my skills and encourages me to continue learning. My unique background as a trader brings a skill set that is not common in the Ulpan or ORT foundation, making my contributions even more important to these organizations. My background and insight have resulted in the foundation taking opportunities it great power have otherwise not identified. Finally, because I am constantly learning my leadership in these foundations have given me valuable experiences in dealing with others that I can carry with me back to my day job,My leadership in a community oriented NGO is different from the type of leadership I exercise at work. In my business the objective is to maximize the value of our investors money. Success is measured by the growth in their investments and the increased trust this generates. By comparison Ulpan is about boastful educational opportunities to predominantly Jewish high school students. ORT is very similar in its goals. My hard work is rewarded by beholding our beneficiaries motivated and eager to take the path of higher education as a means to success. The drastically different inflection of my community service broadens my horizon as a leader.
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