- Published: November 21, 2022
- Updated: November 21, 2022
- University / College: University of Technology Sydney
- Level: Masters Degree
- Language: English
- Downloads: 46
Why I Want to Study Msc in Finance and Investment and How I Feel I Can Contribute to the Why I Want to Study MSC in Finance and Investment And How I Feel I Can Contribute to the Course Finance and investment has been an area of interest to me for a very long time. I attribute this to the environment I grew in where most people were business people who had invested in different sectors of the economy. I undertook the course of Finance and Investment during my undergraduate programme and I would like to get a deeper understanding of the field. This would be possible through a MSC undertaking in the course. I want to gain the necessary skills and knowledge needed in the sphere in order for me to have first hand information when approaching investment situations. The understanding that I inherently have in issues of investment and finance also plays one of the most significant roles in my choice of pursuance of the MSC course in Finance and investment. Among my understanding is the appreciation that money which is invested wisely will generate more money, thus, boosting a country’s economy (John, 2006, p. 58). In the contemporary society, entrepreneurship is the only way of building a country’s economy since job opportunities are minimal. Due to this, it is very important for one to understand how to identify opportunities and strategize appropriately on how to use the available resources to generate more money. In this regard I will play a role in boosting the economy. MSc in finance and investment will enable me to understand behavioral finance. This is a theory that not only suggests ways of avoiding poor investment decisions, but also gives viable techniques of benefiting from other people’s bad decisions in investments. Through an improved understanding and knowledge in finance and investment, I will be able to make accurate and informed decisions on matters of investment. Moreover and importantly I will be able to play a consultancy role in finance and investment where I will provide professional advice to potential investors on the best approaches of investing their capital in addition to the areas that they should invest in. This will be done after due consideration of the social and economic factors which implicate on investment at that particular time. Business is the field of opportunities and entrepreneurs should always be alert so as to identify any beneficial opportunities in their way. For individual investors, it is important to carry out a self reflection of what you are about to do by listing all the advantages and disadvantages, then decide if it is worth taking a risk. However, when it comes to partnerships, the decision making process seems a bit cumbersome as people come up with different ideas (John, 2006, p. 59). In such a case, it is very important to listen to all the stakeholders and then choose the best alternative among the suggestions. My dream is to be a great entrepreneur in the future offering consultation to people who want to venture into business. Moreover, I also aspire to run a successful company in the future to serve as an example to the rest of people so that they can have confidence in me. Business is a very enjoyable and interesting field since it instills innovative skills to interested parties (John, 2006, p. 61). During my private studies, I understood that people are likely to make mistakes when it comes to finances due to overconfidence. Consequently, I believe am able to beat such weaknesses if I undertake this programme in your university. In addition, I believe my strategic planning skills will be strengthened so that I can be able to manage the few resources I have for greater gains in the future. Notably, the pursuance of the MSC in finance and investment will give me relevant skills in the management aspects of one’s investments. This will ensure that the investment that I will venture into in my future entrepreneurship plans will be well supervised and led. This is especially so in effective management of the human resource as a motivator for high productivity and performance. I believe that I will contribute remarkably to the course because I am very enthusiastic in this field. With the assistance of my lecturers, I will carry out extensive research in this field and come up with viable conclusions. I am particularly interested in topics on how to identify investment opportunities, as well as investment techniques. Furthermore, I value group work and dynamics which makes me effectively suited to work within a diverse learning environment. This reflects that as I achieve my goals I will also contribute to the achievement of the goals of others within the group through lively and positive contributions. Judging from my ambitions, I am certain that my research will be successful, thus, contributing greatly to your course. I will offer simple techniques needed in identifying available opportunities so that new entrants in the field will comprehend easily what is required (John, 2006, p. 64). I intend to study intensely in order to widen and deepen my knowledge on how to approach investment opportunities. References John, O., 2006. Importance of a poker face Behavioral Finance: Failure to understand the psychology behind investing can be dangerous, Financial Times; 7(1).
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